BOK turns more dovish after 25 bp rate cut; 2025 growth outlook halved

The Bank of Korea (BOK) on Thursday cut its benchmark interest rate by a quarter percentage point to 2.5%, citing growing concerns over faltering do...

Hyundai Mobis unveils M.VICS 5.0

Hyundai Mobis, the world’s sixth-largest auto parts maker, unveiled the latest version of its next-generation integrated cockpit system M.VICS...

Korea bans short selling; battery stocks lead market rally

South Korea has temporarily suspended short selling partly to prevent illegal, naked short selling, a decision buoying stocks heavily targeted by sh...

Hanwha to supply actuators for Vertical Aerospace's UAM business

Hanwha Aerospace Co., South Korea’s leading aircraft engine maker, is accelerating the expansion of its urban air mobility (UAM) business.&nbs...

Korea needs to expand investment in ASEAN, import good products more

The Association of Southeast Asian Nations (ASEAN) is South Korea’s largest source of trade surplus. The Northeast Asian country generated $34...

NPS tilts toward top-tier PEFs during pandemic

The National Pension Service (NPS) has deepened its reliance on top-tier private equity firms during the prolonged pandemic situation, focusing on r...

[Survey] Korean LPs tilt to infrastructure on dull 2019 economic outlook

A majority of leading South Korean institutional investors are planning to boost overseas infrastructure investment next year with focus on developed ...