S.Korea exempts foreign investors from treasury bond tax

South Korea on Oct. 17 started exempting foreign investors from two types of taxes on Korean treasury bonds and monetary stabilization bonds investm...

Samsung launches upgraded digital wallet to take on Apple Pay

South Korea’s tech giant Samsung Electronics Co. said on Friday it is launching its digital wallet platform in 13 more countries by year-end t...

SK Siltron, UK's IQE to produce high-efficiency wafers for Asian market

South Korean silicon wafer maker SK Siltron Co. has teamed up with UK-based wafer products supplier IQE plc to produce gallium nitride (GaN) epitaxi...

Stay in market despite rising interest rates: Howard Marks

NEW YORK – Investors should stay in the financial market as rising interest rates have put the values of assets such as stocks and bonds at ap...

AI-powered translation startups tackle niche marketplaces

Artificial intelligence (AI)-driven translation has been dominated by big tech.Alphabet Inc.’s Google LLC is the global leader while Naver Cor...

Hyundai’s NEXO crossover tops world’s hydrogen vehicle market

Hyundai Motor Co.'s NEXO crossover has become the world’s best-selling hydrogen fuel cell electric vehicle (FCEV) in the first eight months of...

NFT to become game changer in new era: KED Conference in New York

NEW YORK – Non-fungible tokens (NFTs) will significantly influence a wide range of industries as millions of global investors flock to th...

POSCO, GS Energy to launch $121 million battery recycling joint venture

POSCO Holdings Inc., the holding company of South Korea’s largest steelmaker, and GS Energy Corp., the energy unit of GS Group, have agreed to...

LG Energy to launch battery swapping services

LG Energy Solution Ltd., a South Korean rechargeable battery maker, has launched two in-house ventures to enter the battery swapping and energy aggr...

Korea to complete process for stock market fund in mid-Oct

South Korea is set to complete the process for a stock market stabilization fund of 10 trillion won ($7 billion) by the middle of this month, to be ...

Naver Cloud seeks win-win strategy with K-startups in overseas market

NEW YORK – The chief executive officer of Naver Cloud Park Won-ki said that if South Korean startups using the company’s cloud services ...

EVs, hybrids in growing demand in used car market

Eco-friendly cars such as electric vehicles and hybrids have increased their share in South Korea's used car market, together accounting for 36% of ...

Korea on watch list for WGBI inclusion; hoping for bond inflows

FTSE Russell, a global index provider, added South Korea to the watch list for potential inclusion in its FTSE World Government Bond Index (WGBI), p...

Ramen wars: Nongshim caught out by rising Ottogi

Ottogi Co. is emerging as a formidable rival to Nongshim Co. in South Korea's instant noodle market, becoming the most popular ramen for the fifth w...

Korea's SK Siltron to invest $597 mn in silicon wafer production

South Korea’s SK Siltron Co. will invest 855 billion won ($597.4 million) to expand its 300-millimeter (12-inch) silicon wafer manufacturing f...

Small caps warm up S.Korea’s chilly IPO market

Small and mid-sized companies are reviving the otherwise chilly IPO market in South Korea, which has been dragged down by weaker-than-expected deman...

Kia’s EV6 GT: Faster than supercars Lamborghini, Porsche and Ferrari

South Korea’s sports car enthusiasts now have one more supercar option to enjoy at an affordable price – one that is arguably as powerfu...

Kakao to challenge Naver, Apple for offline payment services

South Korea’s largest mobile payment app KakaoPay has bought a stake in the country’s No. 1 electronic payment system provider, accordin...

S.Korea to take measures to support stock, bond markets

South Korea is set to take measures to stabilize local stock and bond markets hit by global interest rate hikes amid growing risks of a worldwide ec...

IGIS Asia, Quadreal to form JV for warehouse development in Korea

IGIS Asia Investment Management Pte., the Singapore-based subsidiary of South Korea’s largest real estate manager IGIS Asset Management, and V...

Kospi hits two-year low; regulators mull short-selling ban

South Korea's stock market tumbled to its lowest level in more than two years on Wednesday, as fears of a slowing global economy and rising inflatio...

Korean crypto buyers show higher risk appetite than global peers

South Korean cryptocurrency investors appear willing to take more risks than their global counterparts, balancing their portfolios between market le...

Korean won at fresh low since global financial crisis as markets crash

The South Korean won on Monday extended losses to a fresh low since the 2008-09 financial crisis as local financial markets lost ground, alongside t...

Korea's DL Chem shrugs off slow petrochemical market in Q3

DL Chemical Co., the petrochemical arm of South Korean conglomerate DL Group, is forecast to post robust third-quarter results despite sluggish sa...

Lotte Card seeks to sell transportation card subsidiary

South Korea’s credit card company Lotte Card Co. is slated to sell its subsidiary Loca Mobility Corp., the second-largest public transportatio...

Gaonchips rally on market talk of Samsung's investment in ARM

Shares in South Korea’s semiconductor chip design house Gaonchips Co. extended their rally for a second day on Friday on growing market talk t...

Internet lender K Bank gets green light for IPO

South Korea’s first internet-only lender K Bank on Tuesday received preliminary approval from the Korea Exchange to go public on the country&r...

Korea’s No. 1 bookstore Kyobo seeks to acquire OTT platform Watcha

The Kyobo Book Centre, South Korea’s largest bookstore chain, is seeking to acquire over-the-top (OTT) platform Watcha Inc. to expand its busi...

Startup minister vows to support Korean firms' entry into overseas markets

South Korea’s startup minister Lee Young vowed to support the country’s startup ecosystem on Sunday, during her tour to the United State...

Direct lending, middle market offer resilience: NYLIM 

There is no doubt that headwinds to economic and market growth are picking up. Globally, supply chain and energy disruptions have contributed to hig...