AI Pick
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Hanmi Pharmaceutical Faces Renewed Governance Fight Ahead of Shareholder Meeting
A governance dispute at Hanmi Pharmaceutical has reignited after cracks emerged in a “four-party alliance” formed in the name of stabilizing control of the group. The market is watching the company’s regular shareholders meeting expected later this month as a potential turning point for Hanmi’s governance, with a likely vote battle over whether CEO Park Jae-hyun will be reappointed and how the board will be reshaped. According to the industry on the 7th, the Hanmi Pharmaceutical Group end
March 7, 2026
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BTS’ Gwanghwamun comeback show set to draw huge crowds and boost Seoul economy
BTS’ comeback stage at Seoul’s Gwanghwamun Square is two weeks away, and the city is already bracing for a surge of visitors. The group is set to hold a concert on the 21st to mark the release of its fifth full-length album, “Arirang (ARIRANG).” Retailers and the tourism industry are preparing for fans of the global BTS fandom known as ARMY arriving from around the world, with attention focused on the event’s economic ripple effects. ◇ 15,000 tickets gone in 30 minutes; officials foreca
March 7, 2026
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‘A Man Living With the King’ Becomes 2026’s First Film to Top 10 Million Viewers in South Korea
The film “A Man Living With the King” has drawn 10 million moviegoers, marking a new milestone at the South Korean box office. According to the Korean Film Council’s integrated ticketing network on Thursday, the film, directed by Jang Hang-jun, surpassed 10 million cumulative admissions at about 6:32 p.m. on its 31st day in theaters. The achievement makes it the fourth historical drama in South Korea to reach the 10 million mark, following “The King and the Clown,” “Masquerade” and “The
March 6, 2026
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Celltrion Vice Chairman Kim Hyeong-gi to Step Down; Inside Director Nominee Changed
Kim Hyeong-gi, vice chairman and head of Celltrion’s global sales business who is known as a close aide to Chairman Seo Jung-jin, is stepping away from day-to-day management. Celltrion said on March 6, in a revised regulatory filing on its notice convening a shareholders meeting, that it changed its nominee for inside director ahead of its regular shareholders meeting scheduled for March 24. The company replaced Kim with Shin Min-cheol, head of the management division and a company pres
March 6, 2026
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KPGA Tour Sets 20 Events for 2026 Season With Total Purse of at Least 24.4 Billion Won
The 2026 Korean Professional Golf Association (KPGA) Tour will feature 20 tournaments with a total purse of at least 24.4 billion won, the tour said. The Korea Professional Golf Tour (KPGT) announced the 2026 schedule on March 5, saying the average purse per event so far is about 1.28 billion won. It said the season is focused on improving quality and the tour’s structure rather than simply expanding the number of events or total prize money. The season opens April 16-19 at La Vie Est B
March 6, 2026
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South Korea Beats Czech Republic 11-4 in WBC Opener With Four Homers
South Korea’s national baseball team opened the 2026 World Baseball Classic with a convincing win. South Korea, managed by Ryu Ji-hyun, beat the Czech Republic 11-4 on March 5 at the Tokyo Dome in Japan in its first Group C game. The victory gave South Korea its first WBC opening-game win since 2009, ending a 17-year drought in tournament openers. South Korea is aiming for a quarterfinal berth after failing to advance past the group stage in each of the last three tournaments (2013, 2017
March 6, 2026
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'The Man Who Lives With the King' Tops 10 Million Moviegoers in South Korea
The film 'The Man Who Lives With the King' has surpassed 10 million admissions. Distributor Showbox said the movie’s cumulative audience topped 10 million as of 6:30 p.m. on its 31st day in theaters. It is the 34th domestic release in South Korea to reach the milestone. The achievement comes as overall theater attendance has fallen sharply. It is the first domestic release in two years to draw 10 million moviegoers. The period drama follows the deposed King Danjong, Yi Hong-wi (Pa
March 6, 2026
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South Korea to Unveil First Mass-Production KF-21 Fighter This Month
South Korea will unveil the first mass-production KF-21 Boramae fighter jet later this month, a milestone expected to start reshaping an Air Force fleet long centered on U.S.-made aircraft. Industry officials said Friday that a rollout ceremony for the first production aircraft will be held in the final week of this month at Korea Aerospace Industries (KAI) headquarters in Sacheon, South Gyeongsang province. Government and other key officials are expected to attend. The aircraft to be unv
March 6, 2026
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SC First Bank Net Profit Plunges 57% on Hong Kong H-Index ELS Provision, One-Off Costs
SC First Bank said its net profit plunged last year, hit by one-time costs including a provision tied to sanctions over Hong Kong H-index equity-linked securities (ELS) and expenses for a special retirement program. The bank said Thursday that net profit for the year totaled 141.5 billion won, down 57.3% from 331.1 billion won a year earlier. The decline was driven largely by sizable one-off charges. In the fourth quarter, the bank booked 88.0 billion won in special retirement costs and s
March 6, 2026
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Yeocheon NCC Declares Force Majeure as Hormuz Disruption Hits Naphtha Supply
U.S. and Israeli airstrikes on Iran have heightened tensions in the Middle East, sending shock waves through South Korea’s petrochemical industry. With disruptions in naphtha feedstock supply after the closure of the Strait of Hormuz, Yeocheon NCC has declared force majeure, raising concerns among domestic companies that rely on its ethylene supplies. Industry officials and foreign media reported on Thursday that Yeocheon NCC notified major customers on March 4 that product deliveries cou
March 6, 2026