LG links up with Chinese rivals for budget appliance supremacy
LG Electronics Inc. has turned its rivals into allies in an unlikely pact to win the budget appliance war and ward off Chinese competitors rapidly e...
Hahn & Co. to award bonus shares to Namyang staff, retires $7.1 mn in shares
Seoul-based private equity firm Hahn & Co. will award employees of Namyang Dairy Products Co., a South Korean dairy product producer, 1.6 billio...
Seoul vows zero-tolerance measures against unfair stock trading
South Korea’s top financial regulators and its stock exchange operator will launch a joint task force to strengthen oversight of unlawful fina...
Samsung Heavy Industries clinches $635 mn preliminary FLNG deal with African shipowner
Samsung Heavy Industries Co., a major South Korean shipbuilder, has signed a preliminary agreement worth 869.4 billion won ($635 million) with an Af...
Samsung Electro-Mechanics’ plan to build plant in Mexico shelved amid Trump tariffs
Samsung Electro-Mechanics Co., a leading South Korean electronics parts maker, has abandoned plans to build a new manufacturing plant in Mexico and ...
Shinsegae chair likely to head Asian arm of pro-Trump Rockbridge
Chung Yong-jin, chairman of South Korea’s retail giant Shinsegae Inc., is likely to head the Asian operations of the Rockbridge Network, a gro...
S.Korea's stablecoin frenzy fuels stock rally despite regulatory uncertainty
A wave of speculative fervor surrounding won-based stablecoins is sweeping South Korea’s equity markets, with nearly half of the top 30 perfor...
KakaoBank rallies after winning Thai virtual banking license
Shares in KakaoBank Corp. soared as much as 17% to hit their highest level in nearly three years on Friday after the South Korean internet-only bank...
S.Korea’s Lee, Japan’s Ishiba agree to deepen ties, resume shuttle diplomacy
KANANASKIS, Canada – South Korea’s newly elected President Lee Jae-myung held his first summit with Japanese Prime Minister Shigeru Ishi...
Samsung to thrash out strategy amid Trump, Middle East crisis
Samsung Electronics Co., South Korea’s most valuable company, is convening its most senior executives this week to plot its path back to the t...
US-South Korea talks scrapped after Trump's early G7 exit
A planned meeting between South Korean President Lee Jae-myung and US President Donald Trump was canceled on Monday after Trump unexpectedly left ...
Miri Capital closes in on STIC Investments chairman’s stake
Miri Capital Management LLC has steadily raised its stake in STIC Investments Inc., narrowing the ownership gap with the firm’s founder and Ch...
Lee vows policy overhaul to spur dividend payouts
South Korean President Lee Jae-myung said on Wednesday that the government is preparing tax and regulatory reforms to spur dividend payouts as part ...
Lee Jae-myung to meet with top business leaders ahead of G7 summit
South Korea’s newly elected President Lee Jae-myung plans to meet with the country’s top business leaders before departing for the Group...
S.Korea’s Lee to make diplomatic debut at G7 after phone call with Trump
South Korea’s new President Lee Jae-myung will attend the summit of the Group of Seven (G7) advanced countries in Alberta, Canada, next week, ...
Korea signs definitive $19 bn Czech nuclear plant deal after twists and turns
South Korea has secured its most significant nuclear export deal in over a decade, as a consortium led by Korea Hydro & Nuclear Power (KHNP) cli...
Lee Jae-myung vows to end politics of division, seek pragmatic diplomacy
Lee Jae-myung was formally sworn in as South Korea’s new president on Wednesday, pledging to unite a divided nation, revitalize the economy an...
Asian manufacturing activity stumbles again under weight of Trump tariffs
Factory activity slowed across much of Asia in May as uncertainty over U.S. tariffs continued to cause steep declines in new orders, purchasing ma...
S.Korea imports Canadian oil for 1st time under Trump's 2nd term
South Korea has imported crude oil from Canada for the first time amid escalating tariff tensions between the US and Canada since Donald Trump's ret...
NPS to lift stock holdings to 55% by 2030, raising risk appetite
The National Pension Service (NPS) plans to raise its equity allocation to about 55% of its assets by 2030 from 40.4% as of the end of February, Sou...
Celltrion shares rise after bonus issue announcement
Celltrion Inc., South Korea’s largest biosimilar developer, will issue bonus shares to bolster its stock performance, which has been in the do...
Europe looms large as K-beauty brands look to blue ocean; shares rise
South Korea’s beauty industry has been reaping decent gains from traditionally strong markets such as China and the US – the world&rsquo...
NPS gobbles up Korea’s top 4 financial holding stocks
South Korea’s largest institutional investor, the National Pension Service (NPS), remains a strong backer of the country’s top four fina...
US considers withdrawing thousands of troops from South Korea
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KIC discusses post-US tariff infrastructure strategy with pension funds
The Korea Investment Corporation (KIC) on Tuesday discussed infrastructure investment opportunities and risks in the wake of the US government&rsquo...
Hanwha Philly Shipyard to localize LNG builds, expand capacity
Hanwha Group will significantly increase production capacity at its US shipyard from 1.5 vessels to 10 per year as it aims to transform the facility...
Shinsegae Chair Chung joins Trump’s Middle East tour
Chung Yong-jin, chairman of South Korea’s retail group Shinsegae Inc., is the only Korean businessperson accompanying US President Donald Trum...
Hong Kong to list world’s 1st Samsung single-stock leveraged ETF
A pair of leveraged exchange-traded funds tracking only Samsung Electronics Co. will make a debut on the stock exchange in Hong Kong next week, whic...
Trump Jr. meets Korean business chiefs in back-to-back sessions
Donald Trump Jr., the eldest son of US President Donald Trump, spent his one-and-a-half-day visit to South Korea in back-to-back private meetings wi...
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...
