S.Korean defense stocks boosted by $7.6 bn deal with Poland

S.Korean defense stocks boosted by $7.6 bn deal with Poland

South Korean defense stocks got a boost from a 10 trillion-won ($7.6 billion) export deal with Poland announced last week. Korea Aerospa...

Korean smartphone parts makers' stocks rebound in July

Korean smartphone parts makers' stocks rebound in July

South Korea’s smartphone parts makers' shares are showing signs of a rebound following a steady decline since early this year. China’s s...

Bain Capital, Lotte Chem. among shortlisted bidders for Iljin

Bain Capital, Lotte Chem. among shortlisted bidders for Iljin

A US private equity firm Bain Capital and South Korea’s major petrochemical manufacturer Lotte Chemical Corp. were among the shortlisted candi...

Disney+ to run two BTS shows in HYBE's 1st global content collaboration

Disney+ to run two BTS shows in HYBE's 1st global content collaboration

HYBE Co., the K-pop label best known for BTS, signed an agreement with Walt Disney Company in its first collaboration with an international content ...

Blackpink to hold K-pop’s first in-game concert on PUBG mobile game

Blackpink to hold K-pop’s first in-game concert on PUBG mobile game

Blackpink, the female K-pop idol group, will hold an in-game concert, the first such event by Korean pop artists, in collaboration with Krafton Inc....

Sell Korea intensifies as foreigners dump bonds for 1st time in 18 months

Sell Korea intensifies as foreigners dump bonds for 1st time in 18 months

A selloff in risk assets in South Korea is intensifying as foreigners turned net sellers of Korean bonds for the first time in 18 months in June whi...

Korean PE firms' 2021 funds bet on parts makers, dividend stock

Korean PE firms' 2021 funds bet on parts makers, dividend stock

IMM Investment Co. and STIC Investments Co., the two most active South Korean private equity firms in 2021 fundraising, made bets on a dividend-focu...

South Korea’s merch-producing platforms target influencers 

South Korea’s merch-producing platforms target influencers 

Digital content creators in South Korea – YouTube partners, Tiktok creators and webtoon writers – are no longer relying solely on subscr...

Online lender K Bank revs up for IPO in Nov on surging net profit

Online lender K Bank revs up for IPO in Nov on surging net profit

K Bank submitted a preliminary assessment request to the Korea Stock Exchange on Thursday, the first step to an initial public offering. The on...

Korean startups rely on word-of-mouth marketing for overseas penetration 

Korean startups rely on word-of-mouth marketing for overseas penetration 

Thanks to what some economists dub a borderless economy, more South Korean startups than ever before are looking beyond the peninsula. Seoul-ba...

Korean duty-free shops hit by unfavorable exchange rate, limited inventory

Korean duty-free shops hit by unfavorable exchange rate, limited inventory

The duty-free industry has been hoping that the end of COVID-19-related travel restrictions would help boost its sales. Even as international t...

S.Korea stocks see dead cat bounce; outlook remains gloomy

S.Korea stocks see dead cat bounce; outlook remains gloomy

South Korea’s shares on Friday rebounded after tumbling in the previous two straight sessions, outperforming their peers in Asia, but few expe...

K-beauty sales see sharp drop at China's major shopping event

K-beauty sales see sharp drop at China's major shopping event

South Korean cosmetics giants failed to win over Chinese consumers at the 618 Shopping Festival, one of the largest online annual shopping events in...

Foreign ownership of S.Korean stocks at 13-year low

Foreign ownership of S.Korean stocks at 13-year low

Foreign investors’ stockholdings in South Korea have plunged to their lowest level in nearly 13 years, dealing a heavy blow to the domestic st...

Who should be held accountable for BTS label's stock plunge?

Who should be held accountable for BTS label's stock plunge?

K-pop sensation BTS’ decision to temporarily split up and launch solo careers was made known after a pre-recorded video came out Wednesday of ...

K-beauty makers focus on US as China business slows

K-beauty makers focus on US as China business slows

South Korea’s major cosmetics makers are trying to lure more customers in North America as the K-beauty boom has been weakening in China, the ...

Hanwha to announce plans to enhance shareholder value in H2

Hanwha to announce plans to enhance shareholder value in H2

South Korea’s Hanwha Corp. discussed on June 10 its ESG activities in the first half of this year and is set to announce plans for enhancing s...

Why Samsung didn't join race for S.Korea's air taxi project

Why Samsung didn't join race for S.Korea's air taxi project

Samsung, a name seen everywhere in South Korea from apartment complexes to home appliances, is missing on the list of bidders for the country’...

CJ to beef up content, K-food sector with $9.7 billion investment

CJ to beef up content, K-food sector with $9.7 billion investment

South Korea’s CJ Group, which operates the country’s largest food and beverage company CJ Cheiljedang Corp. and entertainment giant CJ E...

NPS to slash Korean asset proportion, increase overseas stocks

NPS to slash Korean asset proportion, increase overseas stocks

National Pension Service (NPS) of South Korea, the world’s third-largest pension fund, has adjusted its five-year asset allocation plan to enh...

KT Cloud targets $792 million with new stock issuance

KT Cloud targets $792 million with new stock issuance

KT Cloud is working to raise 1 trillion won ($792 million) by issuing new shares. The cloud arm of telecom juggernaut KT Corp. plans to use the...

Tous les Jours, the next K-bakery to lure US customers

Tous les Jours, the next K-bakery to lure US customers

Tous les Jours, South Korea’s second-largest bakery franchise, is rapidly expanding its US business by attracting customers with greater varie...

Korea's key movie firm to push content production M&As

Korea's key movie firm to push content production M&As

In recent years, the content creation industry in South Korea has been a key investment sector for local investment banks. Some major content produc...

Lawmakers debate military exemption for pop artists like BTS

Lawmakers debate military exemption for pop artists like BTS

As a historic first, South Korean lawmakers are duking it out on the hotly debated topic of military exemption for global K-pop sensation BTS. ...

Leisure, airline stocks to shine as Japan sets to ease travel curbs

Leisure, airline stocks to shine as Japan sets to ease travel curbs

South Korea’s travel and airline stocks are expected to shine as Japan plans to ease its border controls in June. Korea’s Shinhan Inve...

Quantum computing firm IonQ hit by short seller report

Quantum computing firm IonQ hit by short seller report

IonQ Inc., a US-listed quantum computing firm, has become a new target of short selling-focused Scorpion Capital, taking a hit from the US hedge fun...

Two unopened ways Samsung Elec. bolsters share prices

Two unopened ways Samsung Elec. bolsters share prices

Samsung Electronics Co., South Korea’s largest company by market capitalization, has tried to boost its recently battered share price -- espec...

Samsung’s stock underlines cloudy outlook despite record Q1

Samsung’s stock underlines cloudy outlook despite record Q1

Shares of Samsung Electronics Co. fell to a fresh 52-week low on Thursday despite posting record sales for the third consecutive quarter as investor...

Korea reiterates reform plans to join MSCI developed markets

Korea reiterates reform plans to join MSCI developed markets

South Korea’s Finance Minister Hong Nam-ki reiterated the country will take reform measures such as the extension of the local currency's trad...

KT showcases AI-powered robots, traffic control program at tech fair

KT showcases AI-powered robots, traffic control program at tech fair

KT Corp., a major South Korean telecommunications company, unveiled its new digital transformation services using artificial intelligence, big data ...

Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media Return of the K-pop queens: Blackpink, Twice power up YG, JYP Samsung to launch AI health coach beta in US by end-2025 South Korea moves to mandate treasury share cancellation