Korea Inc. nearly triples dividend payments in decade

Cash dividend payments by companies listed on the Korea Exchange, the country's main bourse, have nearly tripled in a decade. They have returned a l...

Korean Air, Amazon to build AI customer center

South Korea's Korean Air Lines Co. announced on Monday that it will build an artificial intelligence (AI) contact center (AICC) platform in collabor...

Samsung SDS taps generative AI to counter logistics risks

Samsung SDS Co., the information technology service unit under Samsung Group, actively incorporates generative artificial intelligence and machine...

Korea may partially lift short-selling ban from June: regulator

NEW YORK -- South Korea may partially lift a ban on short selling in the domestic stock market from as early as June, before removing the blanket ba...

S.Korea's monthly ramen export surpasses $100 mn

The monthly export value of South Korea's ramen exceeded $100 million for the first time. According to the Korea Customs Service's trade statistics...

Samsung's Galaxy Studio Photo surpasses 100,000 visitors

Samsung Electronics Co. announced on Sunday that the Galaxy Studio Photo at South Korea's theme park Everland has surpassed 100,000 visitors. The Ga...

Conversational AI startup Rapeech attracts $4.4 mn investment

South Korean conversational artificial intelligence (AI) startup Rapeech announced on Sunday that it attracted an investment of 6 billion won ($4....

Korea scraps ban on online purchase of 80 items from abroad

South Korea has scrapped a plan to ban direct purchases of some 80 items from overseas e-commerce platforms, a government office said on Sunday, aft...

South Korean startups' Tokyo fever sizzles

Despite the recent Line-Yahoo cacophony, South Korean entrepreneurs are continuing their advance into Japan to find the next big market.On Thursday,...

Korean beauty brands show signs of turnaround in China

South Korean cosmetics brands are showing signs of a turnaround in China, with their sales in the neighboring country recovering from the slump over...

Tata, Korea's Woori to expand car financing services in Asia

Woori Financial Group Inc., the fourth-largest financial holding group in South Korea, and India’s top commercial vehicle maker Tata Motors Lt...

Strong exports power S.Korea’s manufacturing job growth

South Korea’s job increases rebounded in April with growth in the manufacturing sector at a 17-month high on strong exports amid the semicondu...

Korea Eximbank provides $120 mn credit to Cambodia

The Export-Import Bank of Korea (Eximbank) said on Friday that it signed an agreement with the Ministry of Finance of Cambodia to provide a foreign ...

South Korea to ban Chinese online products without KC certification

South Korea will ban products purchased online through overseas shopping platforms but without the KC certification amid growing concerns about prod...

Korea’s LX Pantos, China’s Sinotrans agree to launch logistics JV

LX Pantos Co., the logistics unit of South Korea’s LX Group, said on Thursday it will launch a multimodal transport joint venture with Sinotra...

Korea’s Eduwill suffers credit-rating cuts, capital erosion

Eduwill Corp., South Korea’s leading provider of online and offline test prep courses for adults, has taken a hit from a series of credit-rati...

Record $259 bn yet to find investment targets in South Korea

South Koreans parked a record 350 trillion won ($259 billion) in cash-equivalents such as money market funds (MMFs) as they failed to find investmen...

MSCI Korea Index adds Alteogen, Enchem, HD Hyundai Electric

South Korea's Alteogen Inc., Enchem Co., and HD Hyundai Electric Co. will be added to the Morgan Stanley Capital International (MSCI) Korea Index.MS...

HD KSOE picks Philippines as offshore wind power base camp

HD Korea Shipbuilding & Offshore Engineering Co. (KSOE), the parent of the world’s No. 1 shipbuilder, is accelerating its offshore wind po...

Liquidity crisis looms at S.Korea’s M Capital amid project financing debacle

South Korea's financing and finance leasing firm M Capital Co. is facing a growing risk of liquidity crunch as its attempts to refinance maturing de...

Nongshim to open stores in Leclerc, Carrefour; expands plant in US

Nongshim Co., a leading South Korean instant noodle maker, said on Tuesday it is setting up stores within France’s two largest supermarket cha...

Woori Bank offers internship for SE Asian students in S.Korea

South Korea's Woori Bank announced on Tuesday that it is recruiting interns targeting Southeast Asian students studying in Korea.This program aims t...

S.Korea-Malaysia central banks renew currency swap agreement

Central banks of South Korea and Malaysia renewed a bilateral local currency swap arrangement for an additional three years, the Bank of Korea (BOK)...

Deutsche Bank's Korea IB head quits after country head resigns

Cho Man Chul, managing director and head of investment banking at Deutsche Bank in Korea, has resigned, according to people with knowledge of the ma...

Korean government vows stern response to Tokyo’s pressure on Naver

The South Korean government said on Monday it will resolutely respond to any “unfair” measures by Tokyo against Naver Corp., which is re...

Korea’s household debt growth at 5-month high on mortgages

South Korea’s household lending growth hit a five-month high in April as mortgage loans increased amid signs of a recovery in the property mar...

MedInTech attracts $14.6 mn series B investment

MedInTech Inc., South Korea's medical smart endoscopes startup, announced on Monday that it attracted a series B investment of 20 billion won ($14.6...

Korea Zinc to invest $146 mn in green business R&D hub

Korea Zinc Inc., South Korea’s and the world’s No. 1 lead and zinc smelter, will build its second research and development center, which...

Korea's Taeyoung to sell local hotel to speed up debt workout

South Korea’s Taeyoung Group, which is undergoing a debt workout of its construction unit, is considering selling a four-star hotel and releva...

Macquarie Korea Asset Management confirms two nominees

Macquarie Group has named two executives at its Seoul-based real asset investment unit, which manages the main Kospi-listed Macquarie Korea Infrastr...