Hanwha vice chairman joins S.Korean delegation to avert US tariffs
With the US-EU tariff deal sealed, South Korea is ramping up a last-ditch push to strike its own agreement before the US-set Aug. 1 deadline, playin...
Seoul signals agricultural market access on tariff talks table amid intensifying US trade pressure
South Korea’s senior government officials said on Friday that agricultural products, including politically sensitive items such as rice and be...
Seoul likely to miss US tariff deal deadline as Washington abruptly cancels 2+2 trade talks
The United States has abruptly postponed high-level trade talks with South Korea, raising concerns in Seoul that it is slipping down Washington&rsqu...
South Korea, US to resume trade talks ahead of tariff deadline
South Korea’s finance minister will discuss tariff issues with his US counterpart in Washington this week, marking the first trade talks under...
Test case looms for Korea’s revised Commercial Act as VIP Asset challenges Lotte Rental’s rights issue to Affinity
Lotte Rental Co., South Korea’s No. 1 car rental and leasing company, is facing a backlash from a key minority shareholder over its planned ri...
Google Maps, Blackpink fans’ must-have item for Deadline World Tour
Blinks, the official name of Blackpink's global fandom, is set to enjoy the South Korean girl group’s concerts in the US more conveniently wit...
US unveils 25% tariffs on S.Korea, sets Aug. 1 deadline for agreement
US President Donald Trump on Monday announced new tariffs of 25% on South Korea, set to take effect on Aug. 1 unless the two countries reach a trade...
Blackpink roars back with Deadline world tour after 2-year hiatus
Blackpink has made a dazzling return with its electrifying new song, “Jump,” igniting excitement for its first world tour in almost two ...
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...
K-pop exports boom as end of Chinese K-wave ban looms large
Exports of Korean popular music, or K-pop, have seen a significant surge in recent months, driven by increasing demand from China and Japan, accordi...
Korea sees record February auto exports before looming Trump tariffs
South Korea enjoyed record February auto exports on strong demand in the US ahead of its looming tariffs, the government said on Tuesday, while the ...
Meritz drops bid for troubled MG Non-Life Insurance; Liquidation looms
Meritz Financial Group Inc., South Korea’s second-most valuable financial holding firm, has dropped its bid to acquire financial distressed MG...
Korea’s 2024 exports hit all-time high, driven by chips, shipments to China
South Korea’s exports, the country’s main growth driver, reached an all-time high in 2024, buoyed by strong semiconductor exports and a ...
Chip winter looming? Micron, Samsung give opposite views
Micron Technology Inc. on Wednesday delivered stronger-than-expected quarterly results and gave a bullish outlook for the current quarter, shrugging...
Korean banks raise mortgage rates despite looming rate cut
South Korean banks are raising mortgage rates again as the government strives to curb household debt growth that grew at its sharpest pace in three ...
Liquidity crisis looms at S.Korea’s M Capital amid project financing debacle
South Korea's financing and finance leasing firm M Capital Co. is facing a growing risk of liquidity crunch as its attempts to refinance maturing de...
Shinsegae’s day of reckoning looms for online ambitions
Back in 2021, South Korea’s retail titan Shinsegae Inc. beat its archrival Lotte Shopping Co. to purchase Gmarket and Auction, the country's t...
Overhang concerns loom over HD Hyundai Marine IPO shares
Concerns are growing that South Korea’s main stock bourse could be inundated with a huge number of HD Hyundai Marine Solution Co. shares next ...
Big Tech engineers rush to Korea’s AI chip startups as potential looms
Big Tech engineers are flocking to South Korea’s promising startups specializing in artificial intelligence chips, a fast-growing sector in th...
S.Korean battery trio face union risk in US after Ultium Cells’ wage deal
South Korean electric vehicle battery majors’ plan to run more than 10 EV battery manufacturing plants in the US may hit a snag due to the loo...
EU temporarily halts probe of Korean Air-Asiana merger
Europe's antitrust regulator has temporarily suspended its investigation into the proposed merger of Korean Air Lines Co. and Asiana Airlines Inc. a...
SK Hynix seeks to raise $373 million as chip recovery looms large
SK Hynix Inc., the world’s second-largest memory chipmaker, is seeking to raise as much as 500 billion won ($373 million) in bank loans to sec...
China, India: Korean investors’ next stock investment targets
The US stock market has long been the prime investment destination for South Korean investors, lured by the dynamics of the global top economy.With ...
S.Korea confirms economic slowdown, recession concerns loom
The South Korean finance ministry on Friday confirmed that the country’s economy has slowed, mired in stubbornly high inflation and sluggish e...
Samsung considers chip output cut as first-quarter loss looms large
Samsung Electronics Co., the world’s largest memory chipmaker, is considering slashing its semiconductor production as the company is heading ...
Korea’s mounting trade deficit knocks won to 13-year low
South Korea’s won has hit the weakest level since the 2008-09 global financial crisis on a mounting trade deficit while growing concerns over ...
Won may head to 1,400 against the dollar for 1st time since 2008-09 crisis
The South Korean won is expected to weaken to 1,400 against the dollar, a level not seen since the 2008-09 global financial crisis as the country&rs...
Korean exporters fret over looming labor strife at Long Beach, Hamburg
South Korea’s major companies are anxious about looming labor strife at the Port of Long Beach, California and strikes at German ports –...
Naver, Kakao shares to fall further on sluggish outlook
Shares of Naver Corp. and Kakao Corp. are expected to decline further after South Korea’s top two platform giants already lost 20 trillion won...
Korea jittery over oil, gas, commodity weaponization
South Korea’s energy and raw materials imports have surged to all-time highs in value terms in the wake of Russia’s invasion of Ukraine,...
