S.Korea cuts growth outlook to 0.9%, banks on AI to reignite economy
South Korea’s government cut its 2025 economic growth forecast in half from its earlier expectation, saying the economy will expand just 0.9% ...
South Korea’s president to visit US with 15 business leaders after Japan
South Korea’s President Lee Jae Myung will travel to Japan and the US starting on Aug. 23, accompanied by 15 business leaders from the country...
Korea tightens curbs on foreign homebuyers with new permit system amid speculation fears
South Korea will impose sweeping restrictions on foreign property transactions across the Seoul Metropolitan Area, citing concerns over speculative ...
KHNP in joint venture talks with Westinghouse to target US nuclear market
South Korea's state-run Korea Hydro & Nuclear Power Co. (KHNP) is in talks with Westinghouse Electric Co. to form a joint venture (JV) with an a...
UK’s TeraView wins preliminary nod for South Korea listing
TeraView Ltd., a British developer of terahertz imaging inspection systems, has received preliminary approval to list in South Korea, moving a step ...
Korea to tighten stewardship code with workplace safety penalties; accident-prone firms remain wary
South Korea is preparing sweeping changes to its stewardship code that will allow public pension funds and other institutional investors to penalize...
S.Korea’s petrochemical firms to cut capacity on state call for rigorous restructuring
South Korea’s 10 largest petrochemical companies have agreed to restructure their operations, including up to 25% cuts to their naphtha-cracki...
Kospi-listed firms underperform in Q2 with gloomy H2 forecast
South Korean firms suffered steeper losses in the second quarter as hefty US import tariffs took a toll, fueling fears of a tougher road ahead as th...
JPMorgan, Morgan Stanley to meet with Korean regulators, financial chiefs to assess Korea risks firsthand
JPMorgan and Morgan Stanley executives, alongside dozens of overseas investors, will visit South Korea next month to meet with top policymakers and ...
S.Korean President Lee to meet KPop Demon Hunters director Maggie Kang, TWICE
South Korean President Lee Jae Myung will meet with Maggie Kang, director of the Netflix animated feature KPop Demon Hunters, along with K-pop girl ...
NH gains most in Korea’s first-half IB league; Meritz emerges as fast-rising challenger
South Korea’s investment banking hierarchy is in flux after the country’s leading brokerages reported sharply divergent earnings perform...
Capital flows to ETFs reshape S.Korea’s asset management landscape
Exchange-traded funds (ETFs) are drawing a growing number of South Korean individual investors seeking a broader exposure to equities, accounting fo...
Bill Gates to court Korea’s business titans in Seoul for philanthropy push
Bill Gates, billionaire philanthropist and Microsoft co-founder, is heading to Seoul this week to deepen partnerships with South Korea’s corpo...
Korea’s demographic shift to single households: Magnet for global real estate giants, investors
South Korea’s rental housing market is attracting some of the world’s largest property investors, as the country’s shifting demogr...
HD Hyundai to build quantum-secure network for shipbuilding, defense
HD Hyundai Co., the parent of the world’s largest shipbuilder, HD Hyundai Heavy Industries Co., will build a quantum cryptography communicatio...
S.Korea cracks down on Chinese color-coated steel plate tariff evasion
South Korea is moving to slap anti-dumping duties on Chinese “fake” color-coated thick steel plates that have been altered after import,...
UCK Partners sues ex-employee in Korea’s 1st PE non-compete case
UCK Partners has sued a former senior employee who joined local rival Premier Partners in June, alleging he violated a non-compete clause, in what i...
Daishin, Hanwha seen leading bid for S.Korea’s top real estate investor IGIS Asset
The sale of a controlling stake in South Korea’s top real estate asset management firm IGIS Asset Management Co. is picking up pace, with Dais...
South Korea taps new heads for finance and competition regulators
South Korean President Lee Jae Myung has nominated a former senior finance ministry official, a veteran lawyer and an academic economist to lead thr...
S.Korea’s Lee to visit Japan next week for talks with Ishiba, resumes shuttle diplomacy
South Korean President Lee Jae Myung will travel to Japan next week for talks with Prime Minister Shigeru Ishiba, resuming the so-called shuttle dip...
Korea Investment Partners invests $10 million in Elon Musk’s SpaceX
Korea Investment Partners Co. (KIP), one of South Korea’s largest venture capital and private equity firms, has invested $10 million in Elon M...
South Korea’s EV sales jump, hinting at end to market slump
South Korea’s electric vehicle market is showing signs of recovery after a prolonged slowdown, with both new and used car sales rebounding fas...
S.Korea-US summit set for Aug. 25 with focus on security, economy
President Lee Jae Myung of South Korea and US President Donald Trump will meet face to face for the first time on Aug. 25 in Washington to discuss a...
South Korea, Vietnam to nearly double bilateral trade to $150 billion by 2030
South Korea and Vietnam agreed Monday in Seoul to boost bilateral trade to $150 billion over the next five years, nearly double current levels, by e...
EQT acquires controlling stake in Remember, Korea’s answer to LinkedIn
Sweden’s EQT Partners, one of Europe’s largest private equity firms, has signed a deal to acquire Remember & Company, the operator o...
Korea’s YNCC at default risk due to owners’ conflict amid petrochemical slowdown
Yeochun NCC Co. (YNCC), South Korea’s major petrochemical producer, is facing a default risk as its owners disagree over capital injections am...
China’s free-roaming tourists reshape South Korea’s visitor economy
For decades, megacity malls in Myeongdong and other neon hearts of Seoul have been the must-visit places for Chinese tourists, mostly in large group...
Air Liquide in exclusive talks for South Korea’s DIG Airgas for over $3.3bn
Air Liquide SA, a French multinational industrial gas and services company, is eyeing a return to South Korea after its exit a decade ago, as it is ...
Trump’s chip tariff threat stirs jitters; impact on Samsung, SK Hynix limited given MFN status
NEW YORK – A revived threat from US President Donald Trump to impose a 100% tariff on imported semiconductors has reignited concerns in South ...
S.Korea-US summit likely set for Aug. 25; Vietnam’s top leader to fly to Seoul for state visit
South Korean President Lee Jae Myung will likely have a summit meeting with his US counterpart Donald Trump later this month amid a flurry of high-l...
