Markets in honeymoon with Lee: Kospi, won rally; bond yields spike

South Korea’s financial markets showed strong gains on Thursday, with shares surging to an 11-month high and the won hitting a seven-month hig...

Bank of Korea cuts rates, growth forecast on Trump tariff policy

South Korea’s central bank on Tuesday cut interest rates while sharply reducing its economic growth forecast as lingering political turmoil fo...

Korea sharply cuts 2025 growth forecast, opens door for extra budget

South Korea sharply lowered its economic growth forecast for this year amid the prolonged political turmoil following President Yoon Suk Yeol’...

Samsung foundry ‘relief pitcher’ Han Jin-man vows to improve 2-nm yields

Samsung Electronics Co.'s new contract chipmaking business chief said on Monday he will go all-in to improve the company’s advanced 2-nanomete...

BOK makes 1st back-to-back rate cut since 2009 global crisis

South Korea’s central bank lowered interest rates for a second straight meeting on Thursday in a surprise move and left the door open for anot...

Triple-A rated SK Telecom, KT tap 10-year bond market

South Korean companies with top-notch credit ratings such as SK Telecom Co. and KT Corp. are returning to the long-term bond market amid growing int...

NPS expects Korea’s WGBI inclusion to attract $56 billion in foreign funds

The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, expects some ...

Korea’s economy sees slower-than-expected rebound in Q3

South Korea’s economy rebounded slower than central bank expectations in the third quarter on sluggish exports, adding to predictions that the...

S.Korea’s exports fall 2.9% in first 20 days of October; chip sales strong

South Korea’s exports, the country’s main growth driver, fell 2.9% in the first 20 days of October amid falling demand for vehicles and ...

Australia, Asia real estate whet Korean pension funds' appetite

South Korean pension funds and insurance companies are raising their bets on real estate as they diversify their US and Europe-focused portfolios in...

Two out of 5 CEOs hold negative views on Korean startup scene

Nearly half of South Korean startups hold negative views on the country’s startup ecosystem, citing the prolonged startup funding winter and t...

Korean firms rush to sell bonds with yields at over 2-yr low

South Korea’s corporate bond markets are having an unusually busy summer as companies are rushing to sell debts to lock in lower interest cost...

Korean e-commerce startup funding sharply drops since 2022

South Korean e-commerce companies have seen a sharp decline in series A funding over the past three years amid intensifying competition with Chinese...

Korean treasury yields fall to lowest level in over 2 years

South Korea’s treasury bond yields fell to their lowest points in more than two years, slipping below the 3% level for the first time since Ap...

Korea’s Woori Bank raises $550 mn in AT1 hybrid bond

South Korean major bank Woori Bank said on Thursday that it raised $550 million by issuing additional tier 1 (AT1) hybrid bonds on July 17 with call...

GM Korea’s 2024 sales growth likely stunted due to protracted labor strike

GM Korea Co., the South Korean unit of US auto giant General Motors Co., faces growing disruptions to its vehicle production amid a protracted labor...

Won to soften past 1,400, BOK rate cut likely in Oct: poll

The Korean won is forecast to continue its downward spiral and soften past the 1,400 threshold against the greenback this year, while the Bank of Ko...

Doosan emerges as darling in Korea’s BBB bond market

Doosan Co. is poised to raise up to 80 billion won ($58 million) in bond sales this week following its credit rating upgrade as the holding company ...

Hyosung Chemical receives negative credit rating outlook

South Korean credit rating agency NICE Investors Service Co. (NICE) downgraded Hyosung Chemical's credit rating outlook from stable to negative on W...

Samsung unveils new foundry tech; AI chip sales to rise ninefold

SAN JOSE, Calif. – Samsung Electronics Co., the world’s largest memory chipmaker, on Wednesday unveiled a new contract chipmaking techno...

Samsung establishes HBM team to up AI chip production yields

Samsung Electronics Co., the world’s No. 1 memory chipmaker, recently set up a high bandwidth memory (HBM) team within the memory chip divisio...

2024 an intriguing year for Japan: Savills IM

The Japanese real estate market holds a prominent status in the global investment landscape, buoyed by robust fundamentals that have made it a sough...

Korea’s bond sales up in February; corporate bonds remain buoyant

Bond sales in South Korea amounted to 71.8 trillion won ($54.4 billion) in February, 12.4% up from a month prior, according to a report from the Kor...

Mirae Asset to sell Korean treasuries to retail investors

The South Korean government on Monday tapped Mirae Asset Securities Co. as the brokerage chosen to sell treasury bonds, the sale of which will be la...

Hyosung Advanced Materials’ credit outlook lowered to Stable

The credit rating outlook on Hyosung Advanced Materials Corp. has been lowered one notch to Stable by South Korea’s two major credit rating ag...

More Koreans seek high-yield bond funds, betting the Fed will end hikes

South Korean investors are growing more interested in global high-yield bond funds, betting that the US Federal Reserve is likely to end its interes...

SK Pharmteco launches new viral vector platforms, key for CGT

SK Pharmteco Co., South Korean conglomerate SK Group’s contract development and manufacturing organization (CDMO), has recently introduced two...

Daedong unveils self-running combine harvester

South Korea's leading agricultural machinery maker Daedong Corp. has released the nation’s first combine harvester, a machine that cuts and th...

Korean financial markets tumble as Fed signals higher rates

South Korean stocks, bonds and its currency tumbled on Thursday as the US Federal Reserve gave indications of another interest rate hike this year a...

Hyundai Santa Fe’s full makeover yields boxier look

Hyundai Motor Co. on Tuesday premiered a new look for its steady-selling SUV Santa Fe. The complete transformation — its first in five years &...