Korea’s ruling party revives corporate law reform with stricter rules
South Korea’s ruling party is reviving its push for an amendment to the Commercial Act with tougher mandates aimed at protecting minority shar...
Harman acquires Masimo’s audio arm in Samsung’s car audio push
Harman International Industries Inc., wholly owned by Samsung Electronics Co., has acquired Masimo Corp.’s audio business for $350 million, a ...
US tariffs add risk premium to dollar assets: Maurice Obstfeld
WASHINGTON, D.C. – The US tariff increases are adding risk premiums to dollar-denominated assets, undermining the dollar’s role as a glo...
Korea’s Q1 economic contraction adds to stimulus expectations
South Korea's economy unexpectedly contracted in the first quarter as exports and consumption fell amid a political crisis and fears over the impact...
S.Korea’s NPS to double pension fund size by 2050, hike risky assets
South Korea’s National Pension Service (NPS) is projected to nearly double its fund size to 3,500 trillion won ($2.38 trillion) by 2050, follo...
Korea’s weak exports add to Trump tariff risk woes
South Korea’s exports in the first two months skidded as sales to the world’s two largest economies China and the US fell, adding to con...
Korea’s export growth at 14-month low, adds to BOK rate cut views
South Korea’s export growth fell to a 14-month low in November with shipments to the world’s two biggest markets the US and China down, ...
K-Pop group ATEEZ tops Billboard 200 for 2nd Time
K-pop group ATEEZ has claimed their second No. 1 spot on Billboard's main album chart, the Billboard 200, with their latest mini-album, Golden...
Coupang launches Rocket Pet Doctor 2.0 with personalized pet nutrition
Coupang Inc., South Korea’s largest e-commerce platform, said on Wednesday that it has launched "Rocket Pet Doctor 2.0," an upgraded personali...
MSCI Korea Index adds Hyundai Rotem
MSCI announced on Wednesday that South Korea's Hyundai Rotem Co. will be added to the Morgan Stanley Capital International (MSCI) Korea Index. ...
LG Energy aims to more than double sales to $50 billion by 2028
LG Energy Solution Ltd. has vowed to more than double its sales in five years to 67 trillion won ($50 billion) by diversifying its battery products ...
Woori Bank expands services for foreign customers in S.Korea
Woori Bank announced on Friday that it has set up additional “global desks” dedicated to foreign customers, some of which will be open o...
Korea's Woori Bank adds two more branches in India
South Korea’s Woori Bank announced on Thursday that It has opened additional branches in Pune and Ahmedabad, India.These are the bank's fourth...
Cosmax NBT gets more FAPAS certification
Cosmax NBT, Inc., a health supplement original development manufacturing (ODM) affiliate of South Korea's Cosmax Group, announced on Monday that it ...
MSCI Korea Index adds LS Electric
South Korea's LS Electric Co. will be added to the Morgan Stanley Capital International (MSCI) Korea Index, MSCI announced on Tuesday.MSCI Inc. reba...
KB Kookmin Bank adds Indonesian to banking platform
South Korea's KB Kookmin Bank said on Monday it launched Indonesian language services on its mobile banking platform KB Starbanking to expand its ...
Samsung to mass-produce HBM4 on 4 nm foundry process
Samsung Electronics Co., the world’s top memory chipmaker, plans to use its cutting-edge 4-nanometer (nm) foundry process for the mass product...
Woori adopts Samsung culture index for internal controls
Woori Financial Group has adopted Samsung Electronics Co.'s Samsung Culture Index (SCI) to tighten its internal controls, which will be given more w...
Fried chicken chain bhc adds two more stores in Thailand
South Korean fried chicken chain bhc Chicken announced on Monday that it opened its fifth and sixth stores in Thailand.The number of stores has incr...
Mom's Touch adds two new restaurants in Mongolia
South Korean homegrown burger and chicken brand Mom's Touch & Co. announced on Friday that it has recently opened its sixth and seventh stores i...
Korean food firms chase sizzling K-food demand with expansion
South Korean food companies are scrambling to ramp up factory output at home and abroad to meet the insatiable appetite for Korean flavors and aroma...
MSCI Korea Index adds Alteogen, Enchem, HD Hyundai Electric
South Korea's Alteogen Inc., Enchem Co., and HD Hyundai Electric Co. will be added to the Morgan Stanley Capital International (MSCI) Korea Index.MS...
HD Hyundai Electric likely to join MSCI Korea: Samsung Securities
HD Hyundai Electric Co., Alteogen Inc. and Enchem Co. are expected to be invited to join Morgan Stanley Capital International’s Korea Index wh...
With AI tech, Samsung Electronics on par with Apple: Han Jong-hee
MILAN, ITALY – South Korean tech giant Samsung Electronics Co. has for years been desperate to catch up to US Big Tech Apple Inc. in high-end ...
PUBG’s Krafton expands in India with localized games
South Korean gaming giant Krafton Inc., renowned for its global mega-hit PlayerUnknown’s Battlegrounds (PUBG), aims to expand its market share...
Hyundai IONIQ 5 gets first nip and tuck, adds new model
The IONIQ 5, Hyundai Motor Co.'s first pure electric vehicle built on its EV-dedicated platform, is poised to greet drivers this month with its reto...
Korea's job growth at 10-month high despite weak youth employment
South Korea’s job increases rose for a second straight month to a 10-month high in January thanks to higher employment of the older, although ...
Paldo to export halal-certified sikhye to Indonesia
South Korea’s food and beverage company Paldo will export the halal-certified Birak Sikhye to Indonesia, according to the company on Tuesday. ...
Digital assets emerge as Korean LPs' No. 1 infrastructure target
Digital infrastructure, such as data centers, towers and smart meters, will be the hottest infrastructure asset this year for South Korean limited par...
Ilhwa to export McCOL to South Africa
South Korea’s Ilhwa Co. on Friday that its flagship barley carbonated beverage McCOL will be exported to the Republic of South Africa. Th...
