Coupang’s Q1 revenue up; quarterly dip signals rising competition
Coupang Inc., South Korea’s largest e-commerce platform, extended its year-on-year sales growth with an 11.1% increase to post $7.9 billion in...
Samsung unveils upgraded AI-powered OLED TVs
Samsung Electronics Co. on Monday showcased its new lineup of organic light-emitting diode (OLED) TVs with advanced artificial intelligence features...
South Korea’s forex reserves dip to nearly 5-year low in February
South Korea’s foreign exchange reserves diminished to the lowest level in nearly five years last month, largely due to the expanded forex swap...
S.Korea’s factory output dips in January; Retail sales, investment slow
South Korea’s factory production decreased in the first month of this year due to a manufacturing slowdown, while private consumption and busi...
S.Korea’s default risk dips below pre-martial law levels
South Korea’s financial market has stabilized with a sharp fall in the country’s default risk and some recovery of its currency value ag...
Corstone, Q Capital in talks with foreign investors to sell K-chicken chain
Seoul-based private equity firms Corstone Asia and Q Capital Partners are in talks with foreign investors to sell a South Korean fried chicken chain...
S.Korean retail investors rush to buy Indian stocks on dips
South Korea's mom-and-pop investors have upped their stake in Indian stocks, hoping that Donald Trump's return to the White House will boost the Sou...
Hyundai Motor logs highest-ever Q3 revenue; margin drops
Hyundai Motor Co. on Thursday reported its worst quarterly profit margin for this year, despite delivering its highest-ever revenue for a third quar...
S.Korea’s inflation dips below 2% for 1st time in 42 months
South Korea’s headline inflation slowed below 2% for the first time in three and a half years in September on lower international oil prices, ...
Acquisition loan rates dip to pre-pandemic levels in S.Korea
Interest rates on acquisition financing in South Korea are set to stabilize at the 5% level, rates last seen before COVID-19 swept the world, height...
Korea’s retail investors buy stocks on dips in turmoil
South Korea’s individual investors took the recent turmoil in stock markets as an opportunity to buy shares at home and abroad on dips, bettin...
Kia posts highest-ever profit margin, double Tesla's
Kia Corp., South Korea’s No. 2 carmaker, on Friday posted its highest-ever operating profit margin of 13.2% in the second quarter, more than d...
Hyundai, Kia US car sales dip in April; EVs outperform
Hyundai Motor Co. and Kia Corp., under Hyundai Motor Group, suffered a drop in US car sales last month for a second month in a row, while rising sal...
Korea’s headline inflation dips below 3% in April but erratic
South Korea’s headline inflation dipped below 3% for the first time in three months last month but uncertainty lingers from still-high agricul...
Scrap steel price poised to rebound on lower inventories
Scrap steel prices in South Korea are poised to bounce back after hitting an annual low in the last month of 2023 amid declining scrap metal invento...
Daesang launches K-style chicken dipping sauces
South Korea’s Daesang Corp. announced on Tuesday that its global food brand O’food launched two new chicken dipping sauces Swicy (sweet ...
Korea exports snap year-long slide as chips regain momentum
South Korean exports rose in October for the first time in 13 months as semiconductors, the country’s top export item, are on course to regain...
BOK head says Korea inflation to dip below mid-2% in H2 2024
South Korea’s central bank chief expected consumer inflation to fall below the mid-2% level in the second half of 2024, adding to predictions ...
Korea inflation at 21-month low; BOK may end rate hikes
South Korea’s headline inflation dropped for a fifth straight month to a 21-month low, adding to expectations that the central bank might not ...
S.Korea's BSI dips below 100 for 15th consecutive month
The economic outlook of South Korean manufacturing and non-manufacturing sectors is negative for June, the 15th consecutive month of such pessimis...
Korea exports dip for 2nd month, growth slows to 1-year low
South Korea’s exports reported a decline for a second straight month in November on sluggish semiconductor sales, darkening the outlook for As...
Korea's stock deposits dip to lowest point since July 2020
Monthly average deposits for stock investment in South Korea are poised to drop below 50 trillion won ($35.1 billion) for the first time since July ...
Ukraine woes, global tightening knock down Asian stocks
Asian stock markets lost ground on Monday with South Korea’s main shares down to their lowest level in more than two weeks as rising tensions ...
Qraft's AI-powered ETFs wow Wall Street with winning stock picks
South Korea-based fintech startup Qraft Technologies Inc. captured the attention of Wall Street in May 2019, when it listed two artificial intellige...
LG Chem stock plunges -6.73%, worst dip since March
LG Chem Ltd. suffered a broad sell-off on May 26, with more than 4 trillion won ($3.6 billion) of its market cap vanishing in a single trading day, ...
