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Closure of the preliminary bids for HMM reportedly see Hapag-Lloyd into the second round of the process, sparking a local debate on foreign ownership.

Following the end of preliminary bidding early last week to acquire HMM, some of the container transport company's minority shareholders have come together to support an acquisition bid by German shipping giant Hapag-Lloyd.

The outsized reaction to the LK-99 superconductor in South Korea could very much be due to people’s desperate need to escape reality. In the past few weeks, young Koreans imagined a unified nation with dominant global power, all thanks to the homegrown invention of a room-temperature superconductor. These whimsical scenarios, spreading like wildfire on online communities, portrayed a world where South Korea get...

Xbox Game Pass may be receiving a brand-new tier, and this one is reportedly taking over the duties of Xbox Live Gold. The monthly Games with Gold benefit may be getting the axe, however.

IU’s agency EDAM Entertainment has released a statement regarding malicious rumors. On May 10, Maeil Kyungjae reported than Seoul Seongbuk Police Station revealed that a non-celebrity (referred to as “A”) filed a complaint against singer IU on the violation of copyright law. According to the reports, the police is currently reviewing the complaint while also