K-pop stocks surge as China set to loosen cultural ban after 9 years
Shares in South Korea’s leading entertainment companies are rallying amid growing signs that China will likely lift its longstanding ban on Ko...
China bans export of Korean goods containing its rare earth metals to US
The Chinese government has warned South Korean companies of retributions for exporting any product containing its critical metals to US military con...
K-beauty exports to China rebound after 4-month slump
South Korea’s beauty industry is showing signs of recovery in China, with exports rebounding after four months of decline.The turnaround follo...
K-pop exports boom as end of Chinese K-wave ban looms large
Exports of Korean popular music, or K-pop, have seen a significant surge in recent months, driven by increasing demand from China and Japan, accordi...
China likely to lift ban on South Korea’s K-wave as early as May
BEIJING – China will likely lift its ban on Hallyu, or Korean popular culture in the country, as early as May, moving away from its “wol...
S.Korea to allow listed firms to trade cryptocurrencies in second half
South Korea plans to allow companies listed on the local stock market to trade virtual assets, including cryptocurrencies, on a pilot basis in the s...
Korea seeks to ease fintech ownership, crypto regulations
South Korea’s top financial regulator has proposed loosening restrictions on financial holding companies’ ownership of fintech platforms...
Lunit participates in Singapore's AI diagnostic solution project
Lunit, a South Korean cancer diagnostics AI company, announced on Wednesday that it solely participates in a chest X-ray reading workflow improvemen...
TMON, WeMakePrice file for court receivership amid liquidity troubles
TMON Inc. and WeMakePrice Co. – the e-commerce platforms owned by Singapore-based Qoo10 Pte. – have filed for court receivership amid co...
Hyundai, Kia to hike prices of low-cost EVs for profitability
Hyundai Motor Group, the world’s third-largest carmaker, plans to increase prices of the existing low-cost electric vehicles in the second hal...
Korea approves HD KSOE-STX Heavy merger with conditions
South Korea’s antitrust body has given a conditional nod to leading domestic shipyard HD Korea Shipbuilding & Offshore Engineering Co.'s (...
MSCI keeps Korea on emerging market list on short-selling ban
MSCI Inc. maintained South Korean stocks in its emerging market list as the government kept its blanket short-selling ban, denting the country&rsquo...
Korea likely to lift short-selling ban in April after leveling playing field
South Korea’s financial regulator, the Financial Services Commission (FSC), said on Thursday it will extend its blanket stock short-selling ba...
Korea's short-selling ban impedes MSCI index upgrade
South Korea is expected to retain its MSCI’s emerging market status as the global index provider said in its June 6 report that the country&rs...
SK Telecom launches AI pet diagnostic solution in Australia
South Korea's SK Telecom Co. announced on Wednesday that it launched its AI-based pet diagnostic assistance service X Caliber in Australia and has b...
Korea may partially lift short-selling ban from June: regulator
NEW YORK -- South Korea may partially lift a ban on short selling in the domestic stock market from as early as June, before removing the blanket ba...
Korea scraps ban on online purchase of 80 items from abroad
South Korea has scrapped a plan to ban direct purchases of some 80 items from overseas e-commerce platforms, a government office said on Sunday, aft...
South Korea to ban Chinese online products without KC certification
South Korea will ban products purchased online through overseas shopping platforms but without the KC certification amid growing concerns about prod...
Lunit, Radiobotics team up to enter EMEA markets
South Korean medical AI company Lunit announced on Thursday that it partnered with the Danish musculoskeletal AI diagnostics company Radiobotics ApS...
LS Electric wins $23 mn order for Thai railway signal system
South Korea's LS Electric Co. won a contract from the State Railway of Thailand to construct a railway signaling system for a 177 km section between...
Korea builds system to speed up naked short-selling ban
South Korea’s top financial regulator is set to build a centralized digital system to strengthen the prevention of naked short-selling as the ...
South Korea tightens export controls to Russia, Belarus
South Korea will halt shipments of nearly 700 additional items, including rechargeable batteries, heavy equipment and cars with 2,000 and larger-lit...
Kakao Brain releases medical GenAI tech for free
Kakao Brain, an artificial intelligence (AI) R&D subsidiary of South Korea's Kakao Corp., announced on Tuesday that it has uploaded the Labeler ...
Korea gives the nod for foreign workers at plant construction sites
South Korea is expected to allow foreigners to work at plant construction sites nearly two decades after non-native Koreans were banned from those p...
Korean stock market volatility up since short-selling ban
The South Korean stock market has seen increased volatility and few rallies over the past three months, in sharp contrast to government hopes that i...
GS E&C banned from new construction deals for 8 months
The South Korean government said on Thursday it has ordered GS Engineering & Construction Corp. (GS E&C) and four smaller builders to halt t...
Korean banks stop ELS sales after HSCEI debacle
South Korean banks are scurrying to suspend the sale of equity-linked securities (ELS) after the country’s financial regulator said it may con...
Yes to cannabis but no to bitcoin?
Aftershocks continue in the South Korean financial market following the country’s financial regulator’s ban on the trading of spot bitco...
Lunit to supply AI image analysis solutions to Samsung Electronics
South Korean medical AI company Lunit has secured a significant partnership with tech giant Samsung Electronics Co., signing a three-year, $1.86 mil...
South Korea Ban Takes Dog Meat Off the Menu
SEOUL—Dog meat will no longer be allowed in South Korea, capping a decadeslong campaign against a controversial practice that many locals have...
