Netmarble chief to buy W374b Tencent stake to tighten control

Netmarble Chairman Bang Jun-hyuk will spend 374 billion won ($270 million) to buy most of Tencent affiliate Han River Investment’s stake in the Korean game developer, tightening his control while removing a potential share-sale pressure. According to Netmarble on Friday, the transaction was made as Han River Investment looked to sell a part of its 18.1 percent stake in Netmarble. Bang agreed to purchase 11.15 million shares, which are priced at 33,538 won each. The transaction is scheduled to cl

2026-08-23 10:54:38:00

Kakao Games bets on ‘Realm of Dokkaebi’ for turnaround

Kakao Games on Thursday unveiled Realm of Dokkaebi, an upcoming 2.5D massively multiplayer online role-playing game based on the Korean mythical creature Dokkaebi, as the game developer pursues a turnaround in the second half of this year. The new MMORPG, which began pre-registration at noon, combines 2D pixel-art characters with 3D backgrounds to create a hybrid visual style. The game incorporates elements of traditional Korean aesthetics into its pixel art to underline the cultural fantasy. "R

2026-08-20 14:23:23:00

League of Legends champion DRX sets sights beyond gaming

DRX, the Korean esports organization behind the 2022 League of Legends World Championship run that popularized the phrase “unbreakable spirit,” is setting its sights beyond gaming. Korean shows backed by its subsidiary are set to debut in the fourth quarter, marking the first major step in DRX’s bid to become an entertainment group, said CEO Yang Sun-il. “The boundaries between content such as games, K-dramas and films have already collapsed,” Yang said in an interview with The Korea Herald at t

2026-08-20 13:08:40:00

[팟캐스트] (815) 서울 길거리 악취의 범인은 누구?

진행자: 간형우, Chelsea Proctor Why Seoul can’t shake its sewer smell 기사 요약: 서울의 하수구 악취는 하수관 내 유기물 부패와 복합식 하수관, 적은 강수량 등이 주요 원인으로 꼽힌다. 하지만 노후하고 복잡하게 얽힌 하수망을 전면적으로 개선하기는 어려워, 각종 대책에도 불구하고 악취 민원은 좀처럼 줄지 않고 있다. [1] Occasionally, a sharp odor hits pedestrians as they walk along Seoul’s sidewalks. Although the smell often disappears within seconds, complaints have been repeatedly raised by residents and visitors. odor: 냄새 pedestrian: 보행자 complaint: 불평 [2] Posts describing sudden bursts of sewer-like odors

2026-08-20 06:00:00:00

SK Biopharmaceuticals settles first US patent dispute over Xcopri

SK Biopharmaceuticals said Wednesday it has reached a settlement with Indian generic drugmaker MSN Laboratories in a United States patent dispute over cenobamate, its epilepsy treatment sold as Xcopri in the US, laying the groundwork for continued patent protection for the drug in the world’s largest pharmaceutical market. Although the terms of the agreement were not disclosed, it marks the first resolution in SK Biopharmaceuticals’ strategy to defend Xcopri’s intellectual property rights agains

2026-08-19 17:03:21:00

[Photo News] Jinro expands US outreach

HiteJinro said Wednesday it successfully wrapped up the Jinro Chimaek Fest in California, further expanding its engagement with US consumers through Korean food and drink culture. The Korean liquor firm participated as the title sponsor of the event, which took place from Friday to Sunday at Irvine Great Park Live in Irvine. The three-day event attracted about 30,000 attendees, a 50 percent increase from last year. HiteJinro's US exports of fruit-flavored soju recorded a compound annual growth r

2026-08-19 15:04:12:00

Hyundai E&C tapped for up to 8 TerraPower reactors

Hyundai Engineering & Construction said Tuesday it has been selected as a construction partner for BIll Gates-backed TerraPower’s next-generation nuclear power projects, strengthening its push to secure a lead in the global advanced energy supply chain. Under the agreement, the companies will expand cooperation in the nuclear power sector, including TerraPower's advanced nuclear reactor project Natrium, and jointly identify new business opportunities by combining their respective technologies an

2026-08-18 14:43:02:00

Buldak boom lifts Samyang to record overseas sales

Samyang Foods has reported 770.3 billion won ($545.8 million) in second quarter sales, up 39.3 percent from the same period last year, on the back of strong overseas demand. According to the Korean instant noodle maker, it logged 176.2 billion won in operating profit during the period, which is 46.7 percent more than the April-to-June figure recorded in 2025. Overseas sales were the main driver of the company's growth, reaching a record 645.8 billion won, up 46.7 percent from a year earlier. It

2026-08-18 14:42:45:00

BTS-collaborated food brand ARIH expands into Japan, Canada

ARIH, a food and beverage brand developed by Paldo and hy in collaboration with BTS, is expanding into Japan and Canada, broadening its presence across key Asian and North American markets. According to the companies on Tuesday, ARIH products will be sold exclusively through 7-Eleven Japan, which operates more than 22,000 stores across Japan. They plan to leverage the convenience store chain’s extensive nationwide network to increase brand awareness and reach consumers through everyday shopping

2026-08-18 13:56:46:00

Paik Jong-won's The Born Korea partners with Canada’s Sunray for restaurant expansion

The Born Korea CEO Paik Jong-won’s global push is taking shape through initiatives spanning restaurant brands, local sauce production and distribution networks in North America. The Born Korea said Tuesday that Paik recently signed a memorandum of understanding with Sunray Group, a major Canadian hotel and real estate company, for cooperation in the restaurant business. Paik also held talks with major Canadian food distributors on expanding sales and distribution of The Born Korea, or TBK, sauce

2026-08-18 13:36:47:00