S.Korea to grant visa-free entry to Chinese tourist groups from September

S.Korea to grant visa-free entry to Chinese tourist groups from September

South Korea will temporarily allow visa-free entry for tourist groups from China starting Sept. 29 through June 2026, the government said on Wednesd...

Investors dump Korean shares after tax reform; won plunges

Investors dump Korean shares after tax reform; won plunges

Investors rushed to sell off South Korean stocks across the board, which dragged down the Korean currency value on Friday after the government annou...

South Korea, US agree to 15% tariff rate; shipbuilding central to deal

South Korea, US agree to 15% tariff rate; shipbuilding central to deal

South Korea and the United States have reached a trade agreement setting the new US tariff rate at 15%, down from the previously announced 25%, with...

HYBE, Paramount to bring KPop Demon Hunters star to life in idol film

HYBE, Paramount to bring KPop Demon Hunters star to life in idol film

HYBE America Co., the US subsidiary of South Korea's entertainment titan HYBE Co., will produce a K-pop-themed film in collaboration with Paramount ...

With waning MZ interest, is heyday over for S.Korea’s golf apparel market?

With waning MZ interest, is heyday over for S.Korea’s golf apparel market?

South Korea’s once-dominant golf apparel market, the largest in the world at its peak, is rapidly losing steam, as sales tumble and brands scr...

Rap icon Cardi B joins K-beauty’s celebrity fan club with BB cream

Rap icon Cardi B joins K-beauty’s celebrity fan club with BB cream

Cardi B, the Grammy-winning rapper, has joined the growing list of celebrities spotlighting Korean beauty products, fueling a new wave of global ent...

K Shipbuilding up for sale as Korean shipyards ride new boom

K Shipbuilding up for sale as Korean shipyards ride new boom

K Shipbuilding Co., a mid-tier South Korean shipbuilder, will be put on the market this month after a strong turnaround. The deal, estimated at 500 ...

US unveils 25% tariffs on S.Korea, sets Aug. 1 deadline for agreement

US unveils 25% tariffs on S.Korea, sets Aug. 1 deadline for agreement

US President Donald Trump on Monday announced new tariffs of 25% on South Korea, set to take effect on Aug. 1 unless the two countries reach a trade...

South Korea issues €1.4 billion in largest-ever euro bond sale

South Korea issues €1.4 billion in largest-ever euro bond sale

South Korea raised 1.4 billion euros ($1.6 billion) through a euro bond sale on Thursday, marking the country's largest-ever euro-denominated debt i...

SK Hynix joins Samsung in 200 trillion won market cap club

SK Hynix joins Samsung in 200 trillion won market cap club

SK Hynix Inc. surpassed 200 trillion won ($147 billion) in market capitalization on Tuesday, becoming the second Korean stock in history to cross th...

Naver Financial seeks to acquire S. Korean real estate data platform Asil

Naver Financial seeks to acquire S. Korean real estate data platform Asil

Naver Financial Corp., the fintech subsidiary of South Korean tech giant Naver Corp., is looking to acquire Asil, a domestic big data-based real est...

South Korea unveils $14.6 billion 2nd extra budget to spur growth

South Korea unveils $14.6 billion 2nd extra budget to spur growth

South Korea’s new administration on Thursday proposed an additional 20.2 trillion won ($14.6 billion) extra government spending to stimulate d...

S.Korea’s CDMO giant Samsung Biologics to offer CRO services

S.Korea’s CDMO giant Samsung Biologics to offer CRO services

Samsung Biologics Co., the world’s largest contract drugmaker, will enter the contract research organization (CRO) market by leveraging its va...

South Korean eyewear poised to spark next global K-wave

South Korean eyewear poised to spark next global K-wave

As eyewear evolves into a key fashion statement, South Korea’s homegrown brands are setting their sights on the global stage with bold, unconv...

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

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...

South Korea accelerates stablecoin framework amid global race

South Korea accelerates stablecoin framework amid global race

Just one week after electing President Lee Jae-myung, an apparent backer of stablecoin adoption, South Korea is swiftly moving to clear the path for...

US monitors NPS, sovereign funds in expanded currency surveillance

US monitors NPS, sovereign funds in expanded currency surveillance

Washington will strengthen its monitoring of portfolio investments by pension and sovereign wealth funds of its trading partners as it broadens its ...

HD Hyundai Group joins S.Korea’s 100 trillion won market cap club

HD Hyundai Group joins S.Korea’s 100 trillion won market cap club

South Korean shipbuilding conglomerate HD Hyundai Group has joined South Korea’s elite club of conglomerates with a market capitalization exce...

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

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...

LG Electronics eyes India IPO delay, says plan in flux

LG Electronics eyes India IPO delay, says plan in flux

LG Electronics Inc. is mulling putting off an initial public offering of its wholly owned subsidiary in India amid growing volatility in the global ...

S.Korea plans $1.2 bn forex bond issue after presidential election

S.Korea plans $1.2 bn forex bond issue after presidential election

South Korea plans to issue up to $1.2 billion in foreign exchange stabilization bonds as early as June, in what would mark the new administration&rs...

UBS tops Korea’s buyout deal advisory in Q1 thanks to Lotte

UBS tops Korea’s buyout deal advisory in Q1 thanks to Lotte

UBS Group AG, the frontrunner in South Korea's M&A market last year, retained the top position in the country's buyout advisory market in the fi...

All listed stocks to be available for shorting in South Korea

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...

Koreans’ craving for luxury goods fades

Koreans’ craving for luxury goods fades

Until recently, it was not unusual to see people waiting in a long line in front of foreign haute couture brands’ stores early in the morning ...

Korea sees record February auto exports before looming Trump tariffs

Korea sees record February auto exports before looming Trump tariffs

South Korea enjoyed record February auto exports on strong demand in the US ahead of its looming tariffs, the government said on Tuesday, while the ...

Kia’s Chinese operations turn to profit after 8 years; Export strategy pays off

Kia’s Chinese operations turn to profit after 8 years; Export strategy pays off

South Korea’s No. 2 automaker Kia Corp. saw its Chinese operations turn profitable in 2024 for the first time in eight years as brisk exports ...

South Korea’s pension fund NPS risks massive loss from Homeplus fiasco

South Korea’s pension fund NPS risks massive loss from Homeplus fiasco

South Korea’s National Pension Service (NPS), the nation’s biggest institutional investor, could lose more than 1 trillion won ($692 mil...

S.Korea logs current account surplus in Jan; Growth slows

S.Korea logs current account surplus in Jan; Growth slows

South Korea reported a current account surplus for 21 straight months in January but with a moderated gain largely due to a contraction in the goods...

S.Korea’s factory output dips in January; Retail sales, investment slow

S.Korea’s factory output dips in January; Retail sales, investment slow

South Korea’s factory production decreased in the first month of this year due to a manufacturing slowdown, while private consumption and busi...

South Korea loses tech startups at rapid clip amid dwindling funding

South Korea loses tech startups at rapid clip amid dwindling funding

Concerns are growing that the tech startup ecosystem in South Korea, home to global tech household name Samsung Electronics Co., would be trapped in...

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