Shinhan expands global IR push to woo foreign investors
Shinhan Financial Group Co. is stepping up efforts to attract foreign investors with back-to-back global investor relations (IR) campaigns, as South...
Korean entertainment stocks advance, unfazed by US tariff concerns
South Korean entertainment and gaming stocks climbed on Friday, defying a broader market drop as investors sought refuge in sectors seen as immune t...
LG’s global HVAC push takes off with new deal in Singapore
LG Electronics Inc. has landed a deal to supply its heating, ventilation, and air conditioning (HVAC) system to a fulfillment center in Singapore, a...
All listed stocks to be available for shorting in South Korea
South Korea will allow short selling of all listed stocks in the country as of Monday for the first time in five years, raising expectations of more...
Korea’s Nextrade stock exchange debuts; YG Entertainment tops 1st day
South Korea’s first alternative stock exchange Nextrade (NXT) started trading on Tuesday, challenging the Korea Exchange’s (KRX) long-st...
Gaming company NXC looks to unload stroller maker Stokke
NXC Corp., the holding company of South Korea’s Nexon Games Co., is looking to unload Stokke AS, a premium baby stroller brand, for around 700...
Dunamu slapped with 3-month business suspension order
Dunamu Inc., the operator of South Korea’s largest cryptocurrency exchange Upbit, has been hit with a three-month partial business suspension ...
LG Electronics hits record sales in India, paving way for 2025 IPO
LG Electronics Inc. posted its largest-ever sales in India in 2024, providing a boost to the planned initial public offering of its Indian unit this...
Korean investors abandon savings, stocks for cryptocurrencies
Money is rapidly shifting to cryptocurrency markets in South Korea as lower interest rates and lackluster stock prices reduce the investment appeal ...
Alternative stock exchange Nextrade to launch on March 4
Nextrade, South Korea’s first alternative stock exchange, enabling trading of stocks listed on the Kospi and the Kosdaq for 12 hours a day is ...
Bank of Korea seen cutting interest rates by 25 bps in January
The Bank of Korea (BOK) is widely expected to cut interest rates by 25 basis points on Thursday amid the nation's softening economy and moderating i...
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...
South Korea’s forex reserves drop to 5-year low in 2024
South Korea’s foreign exchange reserves shrank to a five-year low at the end of last year after the country’s foreign exchange authoriti...
NPS initiates strategic currency hedging to unleash up to $48.2 billion
The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, is set to beg...
Koreans flock to cryptos amid Trump-fueled crypto craze
The number of South Koreans investing in cryptocurrencies recently broke past 15 million — about 30% of the country’s population —...
South Korea to ease foreign exchange regulations, expand FX swap line
South Korea’s foreign authorities said on Friday they will ease foreign exchange regulations to allow more dollars into the domestic financial...
Samyang Foods to establish overseas plant in China
South Korea's Samyang Foods Co. said on Monday it will build its first overseas plant in China. The company plans to invest 64.7 billion won ($...
Korea’s crypto exchanges ride bitcoin rally on Trump optimism
South Korea’s crypto exchanges are enjoying a global boom in virtual currencies, including bitcoin, as US President-elect Donald Trump is expe...
Korea’s SK Networks partners with Malaysia’s Sunway on AI
South Korean trading company SK Networks Co. has joined forces with Malaysian conglomerate Sunway Group to work together on future growth sectors su...
Heavy inheritance, gift taxes spur rich Koreans to emigrate to Singapore
A South Korean co-CEO of a blockchain investment firm with hundreds of millions of dollars in assets moved to Singapore last year to avoid the North...
KB Kookmin Bank issues €500 mn in covered bonds
South Korea's KB Kookmin Bank said on Tuesday that it issued €500 million ($545 million) in global covered bonds the previous day.Covered bonds...
Lotte Shopping to set up Singapore holding firm, eyes its IPO
Lotte Shopping Co., South Korea’s leading retail company, will transform its special purpose company (SPC) in Singapore into a holding firm to...
Hyundai E&C, Surbana Jurong to team up on power projects
South Korea's Hyundai Engineering & Construction Co. (Hyundai E&C) established a cooperative network with Singapore's largest public-sector ...
Hyundai Motor Group expands R&D partnership with Singapore
Hyundai Motor Group, the world’s third-largest automaker, has expanded its research partnership with Singapore into energy, artificial intelli...
Hyundai, Kia’s H1 vehicle sales in Singapore double
South Korea’s top automaker Hyundai Motor Group said on Sunday its vehicle sales in Singapore, a high-tech innovation hub, more than doubled i...
Taihan Cable wins $630 mn power grid project in Singapore
South Korea's Taihan Cable & Solution Co. said on Friday that it signed a contract worth 840 billion won ($630 million) with Singapore PowerGrid...
Near Brain gives hope to millions of stroke patients worldwide
Strokes are the second leading cause of death and the third leading cause of disabilities globally, according to the World Health Organization.To fi...
Hyundai Motor’s IONIQ 5: Pope Francis’ Popemobile in Singapore
Pope Francis on Friday wrapped up his 12-day visit to the Asia-Pacific region with a visit to Singapore, where less than 10% of the population ident...
HMM to spend $17.5 bn by 2030 to double cargo capacity
HMM Co., South Korea’s largest ocean carrier, said on Tuesday it will spend 23.5 trillion won ($17.5 billion) by 2030 to nearly double its car...
Doosan Bobcat scraps merger with Doosan Robotics
Doosan Group on Thursday scrapped a merger between heavy machinery maker Doosan Bobcat Inc. and collaborative robot manufacturer Doosan Robotics Inc...
