S.Korea’s chip exports rebound, ending 15-month losing streak

S.Korea’s chip exports rebound, ending 15-month losing streak

South Korean exports of semiconductors, the country’s top export item, rebounded in November, ending 15 months of declines and reinforcing exp...

S.Korea, Japan seal 3-year $10 bn currency swap deal

S.Korea, Japan seal 3-year $10 bn currency swap deal

South Korea and Japan on Friday revived their bilateral currency swap line to boost their dollar liquidity amid improved diplomatic relations.The tw...

Orsted wins 1.6 GW offshore wind power license from Korea

Orsted wins 1.6 GW offshore wind power license from Korea

Danish energy company Orsted has secured exclusive rights to build South Korea’s largest offshore wind power complex in a project estimated at...

BOK chief says rates need to stay high for over 6 months

BOK chief says rates need to stay high for over 6 months

South Korea’s central bank chief on Thursday said interest rates will have to stay high for more than six months, leaving the door open for an...

Flexibility unlocks opportunities: M&G Investments

Flexibility unlocks opportunities: M&G Investments

As central banks fight with post-COVID inflation, the repricing of global interest rates continues to add to global market volatility across both bo...

Korea's startup ecosystem lags behind peers in global investments

Korea's startup ecosystem lags behind peers in global investments

South Korea’s startup environment lags behind major countries in terms of global expansion and foreign investment attraction, a report from st...

Renault Korea to equip Tmap Mobility infotainment in new vehicle

Renault Korea to equip Tmap Mobility infotainment in new vehicle

Renault Korea Motors announced on Thursday that it has signed a memorandum of understanding (MOU) for future infotainment collaboration to provide d...

Korea puts brakes on Chanel, Hermes, Nike resale bans

Korea puts brakes on Chanel, Hermes, Nike resale bans

The Korea Fair Trade Commission (KFTC) has put the brakes on what it calls unfair business practices whereby Chanel, Hermes and Nike ban customers f...

S.Korea’s factory output, consumption dwindle in October

S.Korea’s factory output, consumption dwindle in October

South Korea’s factory activity waned last month, snapping a recovery streak in the previous two months, largely due to a drop in chip producti...

CJ ENM, SK Square to merge OTTs to take on Netflix

CJ ENM, SK Square to merge OTTs to take on Netflix

CJ ENM Co., South Korea’s entertainment powerhouse, and SK Square Co., an investment unit of the country’s No. 2 conglomerate SK Group, ...

KHNP eyes Canada's nuclear energy project with ARC, NB Power

KHNP eyes Canada's nuclear energy project with ARC, NB Power

Korea Hydro and Nuclear Power Co. (KHNP) said on Wednesday it has signed a non-binding agreement with ARC Clean Technology Canada Inc. and New Bruns...

Foreign visitors to S.Korea on course to top 10 mn milestone

Foreign visitors to S.Korea on course to top 10 mn milestone

The number of foreign visitors to South Korea spiked 158.3% to 1.23 million in October from the month previous, the Korea Tourism Organization said ...

POSCO completes construction of Korea’s 1st lithium hydroxide plant

POSCO completes construction of Korea’s 1st lithium hydroxide plant

POSCO Holdings Inc., the investment and holding company of South Korea’s steel giant POSCO, said on Wednesday it has completed the constructio...

KIC recoups 40% of 2022’s loss on stock, bond gains

KIC recoups 40% of 2022’s loss on stock, bond gains

Korea Investment Corp. (KIC) posted a 7.12% return on total asset investments in the first eight months of this year, recouping about 40% of last ye...

Korea, Chile launch 8th round of FTA upgrade negotiations

 Korea, Chile launch 8th round of FTA upgrade negotiations

The eighth round of negotiations for modernizing the Korea-Chile Free Trade Agreement (FTA) will take place in Seoul from November 29 to December 1....

More Koreans seek high-yield bond funds, betting the Fed will end hikes

More Koreans seek high-yield bond funds, betting the Fed will end hikes

South Korean investors are growing more interested in global high-yield bond funds, betting that the US Federal Reserve is likely to end its interes...

Eastspring Asset in Korea up for grabs at about $77 mn

Eastspring Asset in Korea up for grabs at about $77 mn

Eastspring Asset Management Korea Co., the Korean operation of Prudential plc’s asset management unit, is up for sale for about 100 billion wo...

Korea to raise unskilled foreign worker visa quota to record high

Korea to raise unskilled foreign worker visa quota to record high

South Korea is set to increase its visa quota for non-professional foreign workers to a record high and expand the sectors in which they can work to...

L&F to invest $1.9 bn to build key battery materials plants

L&F to invest $1.9 bn to build key battery materials plants

DAEGU, South Korea – L&F Co., South Korea’s major cathode supplier seeking to transform into a comprehensive battery materials produ...

Apple to open sixth store in S.Korea

Apple to open sixth store in S.Korea

Apple Inc. said on Monday that it will open its sixth store in South Korea on Dec. 9. The new store will be located in the Starfield Hanam shop...

Korea to invest $200 mn in new drugs, vaccines by 2028

Korea to invest $200 mn in new drugs, vaccines by 2028

South Korea’s health ministry will allocate 261.6 billion won ($200.2 million) for two funds over the next four years to boost private sector ...

Korean ELS investors biting nails over sharp falls in Hong Kong shares

Korean ELS investors biting nails over sharp falls in Hong Kong shares

Chinese shares listed on the Hong Kong bourse have fallen sharply so far this year, placing the city’s main stock index, the HSCEI, among the ...

Korea's KDB likely to tap top bidder for HMM in November

Korea's KDB likely to tap top bidder for HMM in November

Competition to acquire HMM Co., the top container line in South Korea, is intensifying as the bidders are offering almost the same prices for the de...

Korean LCC T’way enjoys healthy earnings on preemptive investment

Korean LCC T’way enjoys healthy earnings on preemptive investment

South Korean budget airline T'way Air Co. reported strong earnings as it benefited from its preemptive move of introducing new aircraft to increase ...

Lotte Fine to invest $99 mn to up green materials sales by 6 times  

Lotte Fine to invest $99 mn to up green materials sales by 6 times  

Lotte Fine Chemical Co., South Korea’s largest ammonia producer, will spend a total of 129 billion won ($99 million) in an aim to become the w...

S.Korea to pour $26 bn in UK’s renewables, infrastructure

S.Korea to pour $26 bn in UK’s renewables, infrastructure

South Korea’s sovereign wealth fund, banks and other private sector companies plan to pour £21 billion ($26.3 billion) in renewables, in...

Hyundai Motor signs Korea’s largest PPA deal to go carbon neutral

Hyundai Motor signs Korea’s largest PPA deal to go carbon neutral

South Korea’s top automaker Hyundai Motor Co. said on Thursday it has signed a power purchase agreement (PPA) with Hyundai Engineering & C...

Compelling investment opportunity in US data center market: Principal

Compelling investment opportunity in US data center market: Principal

Current tenant demand for data centers has never been stronger and is growing at an unprecedented rate. Investors have started to take notice and ma...

Naver invests in AI operations automation startup

Naver invests in AI operations automation startup

Naver D2 Startup Factory (D2SF), a tech startup investment and support project, announced Thursday that it invested in a startup with AI operations ...

S.Korea to develop Batam airport as Indonesia's air hub

S.Korea to develop Batam airport as Indonesia's air hub

BATAM – State-run Incheon International Airport Corp. (IIAC) is accelerating the growth of Hang Nadim International Airport in Batam, Indonesi...

Hanwha Systems to compete with LIG Nex1 for Korean version of Iron Dome NH, KB Securities, Kookmin Bank, Kim & Chang lead capital markets in H1 From G-Dragon to Ibuki: Dongmyo emerges as global fashion hotspot Hyundai helps Korean economy most with $265 bn contribution South Korea issues €1.4 billion in largest-ever euro bond sale