Mirae Asset Securities raises $600 mn in foreign bonds

Mirae Asset Securities Co. on Monday issued $600 million worth of foreign currency bonds, marking the first foreign bond sale by a South Korean brok...

South Korean apps for foreigners' daily life, travel on the rise

The South Korean mobile app market is seeing fast growth of platforms targeting foreign users in the country alongside their increasing demand for a...

Why spend more on an IPO? No invitation to foreign banks

South Korea’s Viva Republica Inc. has recently invited a handful of domestic brokerage companies to give presentations to revive its IPO plan....

Woori Bank issues $700 mn in ESG bonds

South Korea's Woori Bank announced on Thursday that it has issued $700 million (940 billion won) worth of foreign currency ESG (environmental, socia...

Toss Bank launches commission-free foreign exchange services

South Korea’s fintech platform Toss Bank said on Thursday it has launched commission-free foreign exchange services for the first time as a do...

Foreign-listed bitcoin ETF trading suspended in S.Korea

South Korean investors’ years-long trading of spot-bitcoin exchange-traded funds (ETFs) listed in Canada and Germany was abruptly suspended du...

Seoul kicks off Korea Grand Sale 2024 to double foreign tourists

South Korea on Thursday kicked off a push to nearly double the number of foreign tourists visiting the country this year to 20 million by hosting a ...

SK Hynix raises $1.5 bn in foreign bonds amid high demand

SK Hynix Inc., the world’s second-largest memory chipmaker, has raised $1.5 billion in foreign currency bonds, with the debt offering four tim...

S.Korea needs 35,000 additional foreign workers: study

The South Korean government plans to issue non-professional employment (E-9) visas to 165,000 foreign workers this year. However, claims have arisen...

Asiana, Korea Univ. to jointly attract medical tourism

South Korea's Asiana Airlines Inc. announced on Monday that it has partnered with Korea University Anam Hospital to promote medical tourism. The agr...

Korean fried chicken: World's favorite K-food

In 2023, Korean-style fried chicken retained its crown as the most-loved Korean dish among global consumers, marking its fourth consecutive year a...

BMW overtakes Mercedes-Benz as top-selling foreign carmaker in S.Korea

BMW has overtaken Mercedes-Benz in the South Korean market, regaining the top spot in the foreign automobile sales segment for the first time in eig...

Korea’s top regulator detects more foreigners’ naked shorting

South Korea’s top financial regulator is detecting more circumstances of naked short-selling worth tens of millions of dollars by foreign inve...

DN Solutions seeks IPO at $3 bn enterprise value on Korea’s main bourse

DN Solutions Co., formerly Doosan Machine Tools Co., is seeking an initial public offering on South Korea’s main bourse, aiming to make a Kosp...

Korean semiconductor startups shine in venture downturn

South Korean startups in the semiconductor, eco-friendly and electric vehicle battery sectors succeeded in attracting investors in the second half o...

Foreign net buying of Samsung Elec at record high in 2023

Foreign investors turned net buyers of Samsung Electronics Co. in 2023, reversing their selling spree of the stock over past three years, as the sem...

Samsung, SK Hynix join forces with foreign rivals to win AI chip war 

South Korea’s two chip giants Samsung Electronics Co. and SK Hynix Inc. are expected to further deepen ties with rivals and customers from aro...

S.Korea to allow hiring of foreign workers in hotels, resorts

The South Korean government said on Friday that it would grant the hiring of foreign workers in hotels and resorts from next year.The hotel and reso...

Korea to domestically develop air-to-air missiles for KF-21

South Korea plans to develop short-range, air-to-air missiles to be mounted on the Korean fighter KF-21 with homegrown technology by 2035 in a 591.9...

Foreign visitors to S.Korea to surpass 10 mn in 2023

The number of foreign tourists visiting South Korea will exceed 10 million this year, according to the Korea Tourism Organization (KTO). Accordi...

KT opens Foreigner Center for non-English speakers

South Korea’s KT Corp. announced on Tuesday that it opened the KT Foreigner Center for non-English speakers in Won-gok-dong, Ansan, Gyeonggi...

Peter Thiel-backed D&D Pharmatech gets preliminary nod for IPO

South Korean clinical-stage biotech D&D Pharmatech Inc. has won approval from the Korea Exchange’s preliminary review for listing on the j...

Vietnamese lead record-high foreign job growth in S.Korea

The number of foreign employees in South Korea reached an all-time high this year, with the Vietnamese leading the pack, amid rising minimum wages a...

LS Materials’ share price quadruples on Kosdaq debut

The share price of LS Materials Co., a South Korean energy storage device maker, quadrupled on its Kosdaq market debut Wednesday given its rosy earn...

Korea, Indonesia to facilitate bilateral trade in won, rupiah

The central banks of South Korea and Indonesia agreed to facilitate the settlement of bilateral trade in their currencies from next year as the elec...

Foreign streetwear brands flock to rich districts in Seoul

Palace Skateboards will likely join other foreign streetwear brands such as Noah, Supreme and Stussy, which have made their debut in South Korea, ta...

Chipmakers Samsung, SK Hynix among foreigners’ top picks in Korea

South Korea’s two largest chipmakers, Samsung Electronics Co. and SK Hynix Inc., were among foreign investors’ top picks on the country&...

HSBC, BNP Paribas reported to Korean prosecutors for naked shorting

The Hongkong and Shanghai Banking Corporation Ltd. (HSBC) and BNP Paribas CIB have been reported to South Korean public prosecutors in violation of ...

The Hyundai Seoul, a must-visit for young foreigners

The Hyundai Seoul, the largest department store in the South Korean capital, topped the 1 trillion won mark in annual sales at the fastest pace in t...

Ananti to go solo in Busan without Hilton

Ananti Inc. will end its six-year-long partnership with Hilton Hotels & Resorts by removing the global hotel giant's nameplate from its luxury s...