KB Financial logs 61% profit growth, rebounding from ELS fiasco
KB Financial Group Inc. on Thursday reported a 61% jump in first-quarter profit, led by a nearly threefold rise in earnings at its flagship unit Koo...
K-beauty defies trade headwinds as exports to China, US lead sales growth
South Korea’s beauty industry is mounting a powerful global push, defying trade pressures and economic uncertainties with a surge in exports t...
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...
Global real estate market poised for strong rebound: Savills
The global real estate market is expected to pick up significantly over the next few years, with around $500 billion worth of real estate assets, he...
Macquarie to sell Seoul hotel to KB Asset for $119 million
Macquarie Asset Management is poised to sell a four-star hotel in Seoul for about 170 billion won ($118.7 million) to South Korea’s KB Asset M...
Seoul office sales rebound for first time in 4 years in 2024
The Seoul office market bounced back for the first time in four years in 2024, with transaction volume soaring 78.7% to 13.4 trillion won ($9.1 bill...
Korean won seen rebounding after Yoon’s impeachment
The South Korean won is expected to stage a rebound from its two-year low against the US dollar and hold steady in 2025 after the impeachment of Sou...
HD Hyundai may nearly double shipbuilding capacity in Vietnam
HD Hyundai Co., the world’s second-largest shipbuilder, is likely to nearly double its vessel construction capacity in Vietnam to meet surging...
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...
South Korean stocks rebound but still on rollercoaster
South Korean stocks on Tuesday recouped some of their hefty losses caused by the previous day's global panic selling after financial authorities iss...
Rebound in large OLED TV demand bodes well for LG Display, Samsung
In the flat panel market, South Korea’s two display makers – LG Display Co. and Samsung Display Co. – have been bleeding for years...
Korea’s April factory output rebounds amid weak consumption
South Korea’s factory production rebounded in April on healthy manufacturing while domestic consumption and capital expenditures dipped, indic...
Samsung cements TV market lead in Q1; LG tops OLED segment
Samsung Electronics Co. has retained the top spot in the global TV market in the first quarter of this year, cementing its lead in the ultra-large p...
M&A rebound will drive private credit volume increase: Golub Capital
As the Federal Reserve signaled delays in rate cuts after meeting earlier this month, more investors have adopted for a wait-and-see attitude. Those...
K-pop giants poised for rebound with new fandom, rookies
K-pop companies, led by HYBE Co. and SM Entertainment Co., are gearing up for a rebound from poor performances in the first quarter, with the releas...
Korea’s factory output rebounds in February on chip recovery
South Korea’s factory activity last month bounced back in three months thanks to strong recovery in the country’s semiconductor sector b...
Korea’s inflation rebounds, BOK to keep interest rates in H1
South Korea’s headline inflation rebounded in February from a six-month low on higher prices of oil and agricultural products, adding to expec...
S.Korea’s GNI per capita rebounds in 2023 as won stabilizes
South Korea’s gross national income (GNI) per capita rebounded last year as the won currency stabilized amid signs of a recovery in exports fr...
Korea’s inflation at 6-month low in further relief to BOK
South Korea’s headline inflation dropped for a third straight month to a six-month low on declining oil prices, adding relief to the central b...
S.Korea’s 2024 exports get off to strong start on China, semiconductors
South Korea’s exports, the country’s main growth driver, got off to a robust start in January, buoyed by a rebound in semiconductor ship...
Kurly’s earnings rebound may put IPO back on track
Kurly Inc., South Korea’s dawn delivery pioneer of fresh produce, appears to be getting its delayed initial public offering back on track...
Scrap steel price poised to rebound on lower inventories
Scrap steel prices in South Korea are poised to bounce back after hitting an annual low in the last month of 2023 amid declining scrap metal invento...
Korean overseas direct investment at 2 1/2-year low in Q3
South Korea’s direct investment in other countries fell for a fourth straight quarter to its smallest level in two and a half years, despite a...
S.Korea’s chip exports rebound, ending 15-month losing streak
South Korean exports of semiconductors, the country’s top export item, rebounded in November, ending 15 months of declines and reinforcing exp...
S.Korea’s factory output, consumption dwindle in October
South Korea’s factory activity waned last month, snapping a recovery streak in the previous two months, largely due to a drop in chip producti...
After a boom and bust, the chip industry Is regaining its health
The global semiconductor industry is bottoming out, executives say, signaling a rebound in some areas of technology and providing relief for the U.S...
S.Korea’s semiconductor exports rebound in 1st 10 days of November
South Korea’s semiconductor exports rose in the first 10 days of November, reversing their 13-month downward trend, data show, raising the pro...
DRAM contract prices rebound after 27 months on rising demand
DRAM contract prices rebounded for the first time in more than two years last month amid the recovery in the consumer electronics market.The price g...
Samsung narrows gap with TSMC in foundry market share
South Korea’s Samsung Electronics Co. has narrowed its market share gap with foundry leader Taiwan Semiconductor Manufacturing Co. (TSMC), pos...
Korea’s inflation rebounds in August on extreme weather
South Korea’s headline inflation re-accelerated at the fastest rate in four months above 3% in August after the extreme summer weather hiked a...
