Korea’s top four financial holding firms post stellar Q2 profit on won, non-interest gains

South Korea’s four largest financial holding groups posted stellar profits in the second quarter, bolstered by a sharp increase in non-interes...

Hyundai Mobis defies tariff headwinds with 37% jump in Q2 profit

South Korea’s top auto parts maker Hyundai Mobis Co. posted a 36.8% year-on-year rise in second-quarter operating profit, buoyed by a strategi...

S.Korea avoids recession with 0.6% Q2 GDP growth; US tariff impact seen limited

The South Korean economy returned to firmer footing in the second quarter, expanding 0.6% from the previous three months, as a recovery in exports a...

LG launches ChatExaone AI beta service, available soon for enterprise use

South Korea’s fourth-largest conglomerate LG Group has made its artificial intelligence chatbot, ChatExaone, available to external users, sign...

Hahn & Co. to award bonus shares to Namyang staff, retires $7.1 mn in shares

Seoul-based private equity firm Hahn & Co. will award employees of Namyang Dairy Products Co., a South Korean dairy product producer, 1.6 billio...

Seoul vows zero-tolerance measures against unfair stock trading

South Korea’s top financial regulators and its stock exchange operator will launch a joint task force to strengthen oversight of unlawful fina...

LG Electronics' Q2 profit halves as US tariffs bite

Earnings at LG Electronics Inc. nearly halved in the second quarter after the Trump administration's tariff hikes pushed up raw material costs and m...

LG Group executives to meet with Honda CEO to explore partnership

LG Group is accelerating its efforts to build a partnership with Honda Motor Co. as South Korea's fourth-largest conglomerate beefs up its automotiv...

S.Korea's stablecoin frenzy fuels stock rally despite regulatory uncertainty

A wave of speculative fervor surrounding won-based stablecoins is sweeping South Korea’s equity markets, with nearly half of the top 30 perfor...

Growth equity portfolio largely shielded from policy headwinds: Summit

Growth equity investments have remained largely stable in the face of recent policy shifts, with key sectors like technology and healthcare avoiding...

KakaoBank rallies after winning Thai virtual banking license

Shares in KakaoBank Corp. soared as much as 17% to hit their highest level in nearly three years on Friday after the South Korean internet-only bank...

South Korea unveils $14.6 billion 2nd extra budget to spur growth

South Korea’s new administration on Thursday proposed an additional 20.2 trillion won ($14.6 billion) extra government spending to stimulate d...

Miri Capital closes in on STIC Investments chairman’s stake

Miri Capital Management LLC has steadily raised its stake in STIC Investments Inc., narrowing the ownership gap with the firm’s founder and Ch...

President Lee: Businesses at center of policy priorities for economic growth

South Korean President Lee Jae-myung on Friday pledged strong government support for the country’s businesses, while emphasizing the need for ...

Partners Group sees infrastructure secondaries quadrupling to $60 bn

Infrastructure secondaries are gaining momentum as the infrastructure sector attracts investors seeking stable and predictable returns amid heighten...

Lee vows policy overhaul to spur dividend payouts

South Korean President Lee Jae-myung said on Wednesday that the government is preparing tax and regulatory reforms to spur dividend payouts as part ...

LG to drive future growth in emerging markets with battery prowess

LG Group, South Korea’s fourth-largest conglomerate by assets, should step up its efforts to foster future growth with promising technologies,...

Korea signs definitive $19 bn Czech nuclear plant deal after twists and turns

South Korea has secured its most significant nuclear export deal in over a decade, as a consortium led by Korea Hydro & Nuclear Power (KHNP) cli...

Chinese e-commerce growth stalls in South Korea

Chinese e-commerce players’ rapid expansion into the South Korean online retail market is losing steam as their bang-for-the-buck products hav...

NPS to lift stock holdings to 55% by 2030, raising risk appetite

The National Pension Service (NPS) plans to raise its equity allocation to about 55% of its assets by 2030 from 40.4% as of the end of February, Sou...

BOK turns more dovish after 25 bp rate cut; 2025 growth outlook halved

The Bank of Korea (BOK) on Thursday cut its benchmark interest rate by a quarter percentage point to 2.5%, citing growing concerns over faltering do...

Ramen, ready-to-eat meals lead 10% rise in 2024 K-food exports

South Korea’s food exports climbed 10% on-year to $7.26 billion in 2024, led by ramen, ready-to-eat meals and seasoned seaweed, according to g...

Celltrion shares rise after bonus issue announcement   

Celltrion Inc., South Korea’s largest biosimilar developer, will issue bonus shares to bolster its stock performance, which has been in the do...

NPS, KIC step up focus on mid-market infrastructure

The National Pension Service (NPS) and Korea Investment Corp. (KIC) are actively exploring mid-market infrastructure opportunities as they are expec...

Europe looms large as K-beauty brands look to blue ocean; shares rise

South Korea’s beauty industry has been reaping decent gains from traditionally strong markets such as China and the US – the world&rsquo...

NPS gobbles up Korea’s top 4 financial holding stocks

South Korea’s largest institutional investor, the National Pension Service (NPS), remains a strong backer of the country’s top four fina...

NPS boosts allocation to direct lending, secondaries

The National Pension Service (NPS), the world’s third-largest pension fund, has been further diversifying its portfolio through increased expo...

Korea's science ministry picks 10 AI, digital startups to back global growth

South Korea’s Ministry of Science and ICT on Thursday announced that it has selected 10 startups founded by Koreans in a program to support th...

Hong Kong to list world’s 1st Samsung single-stock leveraged ETF

A pair of leveraged exchange-traded funds tracking only Samsung Electronics Co. will make a debut on the stock exchange in Hong Kong next week, whic...

Dawn delivery pioneer Kurly posts 1st-ever quarterly profit

Kurly Inc., a pioneer in South Korea’s dawn delivery market, has posted its first-ever quarterly profit, bucking a slowdown in private consump...