More than two years after the war in Ukraine triggered one of the largest corporate withdrawals from Russia since the Cold War, many multinational companies that publicly exited or sharply reduced operations are still quietly preserving one critical asset inside the country: their brands. For global corporations ranging from South Korea’s Hyundai Motor, Samsung Electronics and LG Electronics to Western

Photo=Woowa Brothers Delivery Hero SE is exploring a sale of Woowa Brothers Corp., the operator of South Korea’s top food-delivery app, in a deal that could value the unit at approximately $5.8 billion. The Berlin-based delivery giant has reportedly tapped J.P. Morgan to manage the sale and has begun reaching out to potential suitors, including global private equity firms and

Photo=Motionelements South Korea’s marital landscape is undergoing a sharp generational shift. While the national divorce rate has fallen to its lowest level in nearly three decades, "gray divorce"—the separation of couples aged 60 and older—has surged to an all-time high. According to data released Thursday by the state-run Statistics Korea, the total number of divorces fell to 88,130 last year,

(Photo=HYBE) For years, the global expansion of K-pop was largely measured by its ability to break into the United States. Now, BTS is showing that some of the industry’s fastest-growing momentum may be coming from somewhere else entirely: Latin America. BTS, the South Korean pop group that became one of the world’s biggest music acts through chart-topping albums, stadium tours

(Photo=Gemini_Generated_Image) South Korea is set to create a new aviation powerhouse this December as Korean Air’s long-anticipated merger with Asiana Airlines formally concludes, combining the nation’s two largest full-service carriers into a single mega airline designed to strengthen the country’s position in the increasingly competitive global aviation market. The unified carrier is scheduled to officially launch on Dec. 17, nearly