South Korea returns to US FX monitoring watchlist
The United States has reinstated South Korea on its foreign-exchange monitoring watchlist, a year after it removed Asia’s No. 4 economy from t...
Shinsegae affiliate SSG.COM secures Olympus as new financial investor
Korean retail giant Shinsegae Group’s online shopping mall operator SSG.COM has secured Olympus, a special purpose company created by Korean b...
Korea’s crypto exchanges ride bitcoin rally on Trump optimism
South Korea’s crypto exchanges are enjoying a global boom in virtual currencies, including bitcoin, as US President-elect Donald Trump is expe...
Kia to supply PV5 to DHL Korea from 2026
Kia Corp., South Korea’s second-largest automaker, said on Thursday it signed a memorandum of understanding (MOU) to supply its purpose-built ...
S.Korea’s food delivery apps relish fresh boom in demand
South Korea’s online food delivery market is poised to hit record-high transactions in 2024 as lower fees triggered by Coupang Eats’ fre...
Hyundai Glovis to build logistics complex in Korea’s top port city
Hyundai Glovis Co., the logistics unit of the world’s third-largest carmaker Hyundai Motor Group, plans to establish a logistics complex in Bu...
Korea Zinc drops $1.8 bn rights issue to regain shareholder support
Korea Zinc Inc., the world’s top lead and zinc smelter, on Wednesday withdrew its 2.5 trillion won ($1.8 billion) rights issue as the move to ...
BYD to debut passenger EVs in South Korea in 2025
China’s electric vehicle giant BYD Co. will debut in the South Korean passenger car market next year with premium models in hopes of becoming ...
Korea’s SK Siltron receives $544 mn loan from DOE for wafer investment
South Korea’s SK Siltron Co. has secured a $544 million loan from the US Department of Energy (DOE) to invest in a high-quality silicon carbid...
S.Korea to build cold chain logistics center in Haiphong, Vietnam
The Ministry of Oceans and Fisheries announced on Wednesday that South Korean company Jeil Construction has begun building a cold chain complex logi...
SFH, where foreign firms build networks in Korea
It can be daunting to do business in a new city in a distant country. But foreign companies seeking to open businesses in South Korea’s capita...
NinjaTrader to revitalize Koreans’ domestic, overseas derivatives investments
NinjaTrader Group LLC., a leading US futures broker, is set to accelerate South Koreans’ investments in overseas derivatives while seeking to ...
Mirae Asset’s TIGER Nasdaq 100 ETF crosses $2.8 bn in net assets
South Korea's Mirae Asset Global Investments said on Tuesday that that its TIGER Nasdaq 100 ETF has become the second US-focused ETF listed in South...
Korea’s DL Group to sell hotels for $462 mn in further restructuring
DL Group, South Korea’s petrochemical-to-construction conglomerate is putting some hotels on the market to raise an estimated 650 billion won ...
Korea’s Hanwha wins US Navy MRO deal as Trump seeks deeper shipbuilding ties
Hanwha Ocean Co., South Korea’s third-largest shipbuilder, secured another vessel repair contract from the US Navy, expanding its defense busi...
S.Korea mulls fines on Barclays, Citi for short-sale violations
South Korea’s financial authorities are considering fining British multinational investment bank Barclays plc and US investment banking group ...
Huonslab strengthens HyDIFFUZE IP with completion of US, EU examination request under PCT application
South Korea’s Huonslab Co., a subsidiary of Huons Global Co. and a global leader in recombinant human hyaluronidase-based biologics Sub-Q deli...
MBK Partners tipped to win battle for control of Korea Zinc
A consortium led by North Asia-focused buyout firm MBK Partners edged closer to winning the battle for control of Korea Zinc Inc. against the s...
SK to nurture 10,000 AI talent, introduce Board 2.0 to enhance governance
SK Group, South Korea’s second-largest conglomerate, said on Monday it plans to nurture 10,000 artificial intelligence professionals over the ...
S.Korean investors' US stock holdings surpass $100 bn
The US stock holdings of South Korean individual investors surpassed $100 billion for the first time, driven by a sustained rally in the US markets ...
Korea’s Nongshim to mesmerize New Yorkers with Han River Shin Ramyun
If you’re in New York City this weekend, be sure to drop by the Korean Cultural Center.The South Korean government office has partnered with t...
Korea’s HD Hyundai, Hanwha fail to win $7.3 bn Australian navy deal
HD Hyundai Heavy Industries Co. and Hanwha Ocean Co. failed to win a $7.3 billion deal to build frigates for the Australian Navy, industry sources a...
First Korean American US Senator vows to cement Seoul-Washington ties
NEW YORK – Democratic US Representative Andy Kim, the first Korean American elected to the US Senate, has pledged to strengthen the relationsh...
Allies fret over Trump presidency as authoritarian axis challenges US-led order
Donald Trump is returning to the White House as the world is embroiled in two widening regional wars, America’s rivals are coalescing into a new...
MSCI Korea Index adds Hyundai Rotem
MSCI announced on Wednesday that South Korea's Hyundai Rotem Co. will be added to the Morgan Stanley Capital International (MSCI) Korea Index. ...
Global sportswear brands race to ride on Korea’s running craze
Global sportswear makers have stepped up competition in South Korea to take advantage of the country’s growing running craze with major brands...
Regulator puts brakes on Korea Zinc’s $1.8 bn rights issue
South Korea’s Financial Supervisory Service (FSS) has put the brakes on Korea Zinc Inc.'s 2.5 trillion won ($1.8 billion) rights issue aimed a...
S.Korea's BBQ enters world's most populous market, India
Genesis BBQ Group, the operator of a popular South Korean fried chicken brand, is expanding its market to South Asia by entering India, the world&rs...
S.Korea's SPC Samlip launches B2B brand 'Yaam'
SPC Samlip Corp., a subsidiary of South Korea’s food and bakery giant SPC Group, announced Wednesday that it has launched a B2B solutions bran...
KB Financial first in Korean banking to achieve ISO human capital standard
South Korea’s KB Financial Group said on Tuesday that it had obtained ISO 30414 certification, becoming the first in the domestic financial se...
