China, S.Korea top BofA's emerging markets list

China, S.Korea top BofA's emerging markets list

South Korea was picked as one of the two most attractive emerging markets along with China thanks to the country's fast digitization and low vulnera...

Naver to boost content, shopping businesses in Q4 via Shinsegae alliance

Naver to boost content, shopping businesses in Q4 via Shinsegae alliance

South Korea’s top portal operator Naver Corp. plans to beef up its shopping and content businesses in the second half of this year, backed by ...

Korean PEFs' 2020 investments, exits at record highs

Korean PEFs' 2020 investments, exits at record highs

Private equity firms registered in South Korea posted their largest-ever amount of both investments and divestments in 2020 which were almost balanc...

4by4's AI solution for high-def video content lures metaverse players

4by4's AI solution for high-def video content lures metaverse players

Displays are everywhere – refrigerators, automobiles, and even robots. And this display boom has sparked a fresh opportunity for 4by4 Inc., a ...

Korean SMEs post record-high exports in H1

Korean SMEs post record-high exports in H1

Korea’s small- and medium-sized enterprises (SMEs) have posted their highest-ever first-half exports this year. The Ministry of SMEs and Start...

SK Materials’ shares fly high on rosy business outlook

SK Materials’ shares fly high on rosy business outlook

Shares of SK Materials Co., the industrial gas manufacturing affiliate of South Korea’s SK Group, are hovering around all-time high levels ami...

Nintendo Korea logs record-high revenue despite boycott of Japanese goods

Nintendo Korea logs record-high revenue despite boycott of Japanese goods

Japanese video game giant Nintendo Co. posted an all-time high revenue in South Korea last year despite consumers boycotting Japanese products. The ...

Korea Inc. rush to sell property, new shares to fund new business

Korea Inc. rush to sell property, new shares to fund new business

South Korea’s major companies are rushing to secure cash to fund new business. Some have sold or securitized property, while others issued n...

Lotte Chemical goes green with $3.8 bn investment in hydrogen business

Lotte Chemical goes green with $3.8 bn investment in hydrogen business

South Korea’s Lotte Chemical Corp. is investing 4.4 trillion won ($3.8 billion) in hydrogen projects by 2030 to foster the business as a new g...

POSCO returns from pandemic blues with record quarterly profit

POSCO returns from pandemic blues with record quarterly profit

South Korea’s largest steelmaker POSCO is emerging stronger from the pandemic-caused economic slowdown, with a record quarterly profit on robu...

Hyundai Motor releases 2021 sustainability report with profitability focus

Hyundai Motor releases 2021 sustainability report with profitability focus

Hyundai Motor Co. will focus on ramping up global sales of high-profit vehicles such as its SUVs and Genesis models, according to its annual sustain...

Leeno Industrial hits 52-week high, eyes top 10 on Kosdaq

Leeno Industrial hits 52-week high, eyes top 10 on Kosdaq

The stock price of South Korea’s Kosdaq-listed electronic testing components maker Leeno Industrial Inc., previously a small company whose mar...

Defense stocks rally in response to China Xi's speech

Defense stocks rally in response to China Xi's speech

South Korean manufacturers of jet fighters, aircraft engines and weapon systems saw their share prices soaring in heavy trade on Monday, powered by ...

Hyundai Motor, Kia report record-high H1 sales in US

Hyundai Motor, Kia report record-high H1 sales in US

Hyundai Motor Group’s auto units posted all-time high sales in the first half of 2021 in the US market. According to the industry on July 2, H...

Krafton lowers IPO share price amid debate over high valuation

Krafton lowers IPO share price amid debate over high valuation

South Korean game developer Krafton Inc. has decided to lower its initial public offering share price amid criticism over its high valuation followe...

Krafton hiccup: Financial regulator concerned over high IPO share price

Krafton hiccup: Financial regulator concerned over high IPO share price

South Korean game developer Krafton Inc.'s road to an initial public offering is getting rocky with the country's financial regulator expressing con...

Toss en route to being Korea’s first fintech decacorn; valuation tops $7 bn

Toss en route to being Korea’s first fintech decacorn; valuation tops $7 bn

South Korea-based mobile financial platform Toss is en route to becoming the country's first fintech decacorn, or a company valued at over $10 billi...

BTS label HYBE shares at highest close: Too late to chase it now?

BTS label HYBE shares at highest close: Too late to chase it now?

Shares in HYBE Co., the label behind BTS, hit their all-time high close on Tuesday, buoyed after the boy band's latest track "Butter" topped the Bil...

CureVac may pick Korea as Asian base for COVID vaccine production

CureVac may pick Korea as Asian base for COVID vaccine production

German biopharmaceutical company CureVac N.V. may choose South Korea as one of its global production bases for the COVID-19 vaccine following Korean...

Krafton mega IPO on horizon: Industry game-changer

Krafton mega IPO on horizon: Industry game-changer

Krafton Inc. is set to become the first South Korean decacorn startup, or a company valued at over $10 billion, to make a trading debut on the count...

Hyundai to provide hydrogen fuel cell system for world’s first electric car race

Hyundai to provide hydrogen fuel cell system for world’s first electric car race

South Korea’s Hyundai Motor Group will provide its hydrogen fuel cell system to the world’s first touring race for electric vehicles, Hy...

Petroleum products rebound; Korea reaches all-time high April exports

Petroleum products rebound; Korea reaches all-time high April exports

Petroleum products become driving force behind South Korea's export market Exports of petroleum products turned positive this year, driving South K...

LG Innotek eyes record profit, revenue on strong camera module sales

LG Innotek eyes record profit, revenue on strong camera module sales

LG Innotek Co., a major camera module supplier for Apple Inc.’s iPhones, is looking to post a record operating profit and sales this year as i...

Samsung returns as foreigners’ top pick; Kospi just shy of record high

Samsung returns as foreigners’ top pick; Kospi just shy of record high

Samsung Electronics Co., the bellwether of South Korea’s main bourse, has returned as the market darling, with foreigners buying heavily on th...

Chips, autos set S.Korea’s May export growth at fastest pace in 32 years

 Chips, autos set S.Korea’s May export growth at fastest pace in 32 years

South Korea’s exports surged to the highest level in over 32 years in May on the back of strong demand for semiconductors and automobiles, rei...

Heavy cost pressure set to drive up car prices

Heavy cost pressure set to drive up car prices

South Korea’s automakers are facing a drastic increase in manufacturing costs. Raw material prices are soaring and the global chip shortage re...

NPS adopts limited negative screening on high emitters

NPS adopts limited negative screening on high emitters

South Korea's National Pension Service (NPS) decided on Friday to exclude from its portfolio new coal-fired power development projects both at home ...

LG Chem's water filter business thrives amid high demand in Middle East

LG Chem's water filter business thrives amid high demand in Middle East

LG Chem Ltd., the parent company of South Korea’s leading battery maker LG Energy Solution Co., is enjoying a strong rise in demand for its wa...

Downtown Seoul office building prices rise to record high

Downtown Seoul office building prices rise to record high

Office building prices in downtown Seoul set a fresh record high this month, with the highest price of one pyeong, or 3.3 square meters, surpassing ...

Dongkuk Steel’s Q1 operating profit hits 5-year high as economy recovers

Dongkuk Steel’s Q1 operating profit hits 5-year high as economy recovers

Dongkuk Steel Mill Co., South Korea’s third-largest steelmaker, on Monday reported its largest quarterly operating profit in nearly five years...

Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media Return of the K-pop queens: Blackpink, Twice power up YG, JYP Samsung to launch AI health coach beta in US by end-2025 South Korea moves to mandate treasury share cancellation