HD Hyundai, India’s Cochin Shipyard to pursue joint shipbuilding orders

HD Hyundai Co., the world’s largest shipbuilding group based in South Korea, has signed a memorandum of understanding with India’s large...

S.Korea’s extra budget approved; IBs lift economic forecast

South Korea’s National Assembly, controlled by the ruling Democratic Party, on Friday passed the country’s new extra budget worth 31.8 t...

Korean commercial act revision to drive reevaluation of equities: J.P. Morgan

J.P. Morgan, a leading US investment bank, has thrown its weight behind South Korea’s landmark commercial act revision, saying that the new go...

S.Korea to elevate science minister to deputy prime minister to lead in AI race

South Korea will elevate its new science minister to a deputy ministerial post, giving him authority to serve as the top coordinator of the governme...

Roborock’s privacy policy fuels data leak fears over Chinese goods

A new personal data processing policy from Chinese robot vacuum maker Roborock is raising fears that consumer data could be leaked to or misused by ...

S.Korea names budget veteran as finance minister to prop up economy

South Korean President Lee Jae-myung on Sunday appointed Koo Yoon-cheol, former head of the budget office, as finance minister as the government is ...

Hyundai helps Korean economy most with $265 bn contribution

Hyundai Motor Group, the world’s third-biggest automaker, generated the most economic value among major South Korean conglomerates last year, ...

MSCI maintains S.Korea’s emerging-market status; level playing field eyed

South Korea’s years-long bid for developed-market status has suffered yet another setback after global index provider MSCI Inc. declined to ad...

Growth equity portfolio largely shielded from policy headwinds: Summit

Growth equity investments have remained largely stable in the face of recent policy shifts, with key sectors like technology and healthcare avoiding...

Kolmar patriarch wants shares gifted to son back amid sibling rivalry

In a dramatic and unprecedented legal move that has shaken South Korea’s corporate landscape, Kolmar Group founder and Chairman Yoon Dong-han ...

President Lee: Businesses at center of policy priorities for economic growth

South Korean President Lee Jae-myung on Friday pledged strong government support for the country’s businesses, while emphasizing the need for ...

BOK chief warns against aggressive policy rate cuts, sees need for stimulus

Bank of Korea Governor Rhee Chang-yong on Thursday signaled a cautious approach to monetary easing, warning that excessive interest rate cuts could ...

S.Korea eases path for foreign REITs in senior housing push

South Korea, grappling with a fast-aging population, has relaxed development and ownership rules for senior housing, opening the sector to foreign h...

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 ...

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...

World Vision becomes 1st Korean corporate entity to trade crypto

Non-government organization World Vision Korea has sold its Ethereum holdings, becoming the first Korean legal entity to trade crypto after the Sout...

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...

Korean pension funds, insurers seek customized investment vehicles

South Korean institutional investors are increasingly interested in separately managed accounts (SMAs) that offer customized strategies, as well as ...

S.Korea's crypto market doubles to $77.5 bn with 20% of population trading

South Korea’s cryptocurrency market surged to nearly 108 trillion won ($77.5 billion) in the second half of last year, fueled by growing retai...

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...

RedotPay lands in Seoul with crypto cards

RedotPay, a Hong Kong-based blockchain fintech company, has arrived in South Korea with its cryptocurrency-based payment cards and is poised to disr...

South Korea Inflation Flat in April, Possibly Paving Way for Policy Easing

South Korea’s headline inflation remained flat in April, possibly paving the way for the central bank to loosen monetary policy further to sup...

Hanwha Ocean shares sink after KDB's sale of 4.2% stake

Investors rushed to dump Hanwha Ocean Co. shares early Tuesday after its second-largest shareholder, Korea Development Bank, cashed in on a 4.2% sta...

Seoul, Washington agree on July tariff deal framework in '2+2' trade talks

WASHINGTON, D.C. – South Korea and the US have agreed to work together to craft a comprehensive tariff-liberalization package by July 8, marki...

Hyundai Motor posts solid Q1; rough road ahead on Trump's auto tariffs

South Korea’s top automaker Hyundai Motor Co. defied mounting global trade headwinds and a fresh round of US import tariffs to deliver record ...

Activist fund Oasis boosts Korea team amid investor-friendly policy shift

Hong Kong-based activist fund Oasis Management is ramping up hiring for its Korea team as Seoul’s push to boost corporate value and strengthen...

Korea not to appeal ruling in favor of Mason Capital in Samsung case

South Korea said on Friday it has decided not to appeal a Singaporean court’s rejection of its lawsuit to annul an investor-state dispute sett...

South Korea to boost aid for chipmakers to $23 billion, expanding extra budget

South Korea’s government is planning to increase support for chip makers to around $23 billion, proposing a bigger-than-expected supplementary...

S&P reaffirms South Korea’s AA credit rating with stable outlook

S&P Global Ratings has reaffirmed South Korea’s sovereign credit rating at AA with a stable outlook, citing the country’s resilient ...

Ex-US Congressman Drew Ferguson to head Hyundai's Washington office

Hyundai Motor Group has appointed former Republican Congressman Drew Ferguson as head of its Washington office, a strategic move designed to bolster...