South Korean airlines bank on China routes for profit recovery
South Korean airlines are ramping up international routes, particularly to China, Japan and Southeast Asian countries, in a bid to boost profitabili...
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...
GIC resumes Seoul Finance Center sale in major Korean property deal
Singapore’s sovereign wealth fund GIC is resuming the sale of Seoul Finance Center, a landmark office tower in Seoul's central business distri...
Korean LCCs boost travel demand to global tourist hubs
South Korean low-cost carriers (LCCs), including Air Premia Inc. and Air Busan Co., have been expanding into underserved smaller cities, but also dr...
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...
SillaJen: First to use lab-grown human tissue to find best cancer drug dose
South Korean biotechnology firm SillaJen Inc. is pioneering a new approach to determine the best dose for a cancer drug combination in clinical tria...
South Korea to fully resume short selling in March: FSC Chief
South Korea will allow short selling on all listed stocks in the country next month as planned, said the chief of the country’s financial regu...
S.Korea needs to allow short-selling for all listed stocks: FSS chief
Lee Bok-hyun, governor of South Korea’s top financial watchdog body, the Financial Supervisory Service (FSS), said on Thursday that there shou...
South Korea allows foreigners to trade treasuries via omnibus accounts
South Korea will allow foreign investors to trade South Korean treasury bonds via omnibus accounts under the names of global custodians or asset man...
Hyundai, Kia sell 7.23 mn units together in 2024, eye more sales in 2025
Hyundai Motor Co. and its sibling Kia Corp. have set a target to sell a combined 7.39 million units around the globe this year with greater focus on...
Fleetune continues evolving for smarter route optimization
Fleetune Inc., a South Korean transportation management service (TMS) platform-developing startup, is gearing up for a big leap next year with relen...
BOK to buy repos to counter martial law-driven market tantrum
South Korea’s central bank will provide "unlimited" liquidity to the country’s financial markets by purchasing repurchase agreements, or...
Korea’s LCCs to counter headwinds with exclusive routes, lower fares
South Korea’s budget airlines are gearing up to weather the sector’s downturn amid a weaker local currency and a sluggish domestic econo...
Korean Air resumes Incheon-Kumamoto flights after 27 years
Korean Air Lines Co. said on Monday that it relaunched the Incheon–Kumamoto route on November 24, offering seven weekly services.The route, la...
HMM introduces S.Korea's first LNG-powered vessels
South Korea's HMM Co. said on Friday that it will introduce two 7,700 TEU (1 TEU equals one 20-foot container) container ships powered by liquefied ...
S.Korea mulls fines on Barclays, Citi for short-sale violations
South Korea’s financial authorities are considering fining British multinational investment bank Barclays plc and US investment banking group ...
Zero-sum fears arise in S.Korean airlines’ game of chicken
South Korea’s air carriers are fiercely vying for lucrative or untapped routes in a game of chicken to shore up their falling profit, raising ...
Jeju Air launches new Batam, Bali routes
Jeju Air Co., South Korea's leading low-cost carrier (LCC), said on Tuesday that it will launch the routes to Batam and Bali, Indonesia. It's t...
Korea Investment lowers price target for Samsung Electro-Mechanics
Korea Investment & Securities lowered the target price of Samsung Electro-Mechanics by 14.3% on Sunday, citing weaker-than-expected third-q...
Jin Air to expand SE Asia, Oceania routes
South Korea's budget carrier Jin Air said on Friday that it will resume and expand its international flights for the upcoming winter season, focus...
S.Korea’s T’way Air to introduce A330-900 Neo aircraft
T'way Air Co. announced on Thursday that it will gradually introduce five new Airbus A330-900 Neo aircraft starting next year.T’way recently s...
CJ CheilJedang to provide dumplings for Qantas Airways’ in-flight meals
CJ CheilJedang Corp. expands its K-food territory with Australia's largest airline.CJ CheilJedang announced on Tuesday that it will introduce Bibigo...
Krafton diversifies its business by investing in Spoon Labs
South Korea's gaming giant Krafton Inc. said on Wednesday that it invested in SpoonLabs, a domestic short-form drama platform companySpoonLabs is th...
Korea’s airlines to use SAF starting from Japan routes
South Korea’s airlines are set to use fuel mixed with sustainable aviation fuel (SAF) for international routes, starting from services to Japa...
Hyundai, Kia to apply BMS to all EVs for fire prevention
Hyundai Motor Group, the world’s third-largest automaker, plans to install its battery management system (BMS) in all its electric vehicles to...
Jin Air to launch daily flights on Busan-Nagoya route
South Korea's low-cost carrier Jin Air announced on Friday that it will launch a new route between Busan and Nagoya, starting on Sept. 14, with dail...
HMM opens Shanghai-Mexico container route
South Korea's HMM Co. announced on Monday that it launched a new Far East Latin America Express (FLX) container service bound for Mexico.The service...
Young rich Koreans: Financially literate, self-directing
Young South Korean millionaires want to take more control of their investments and bet on sectors they know, not relying passively on private banker...
Air Premia, Alaska Airlines sign interline agreement
South Korea's Air Premia Inc. announced on Thursday that it partnered with Alaska Airlines, the fifth-largest US carrier, through an interline agr...
Korea slaps Credit Suisse with largest ever short-sale penalty
South Korea's financial regulator said on Wednesday it has officially imposed Credit Suisse Group AG and its affiliate a combined 27.2 billion won...
