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Korean stock marketKorean stocks diverge: Winners, losers of Yoon’s martial law debacle
South Korean stocks showed clear divergences on Wednesday amid a mixed market outlook as President Yoon Suk Yeol’s martial...
Dec 04, 2024 (Gmt+09:00)
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Aerospace & DefenseLIG Nex1, Electroninks to team up for component materials
South Korea's LIG Nex1 Co. said Tuesday it signed a memorandum of understanding (MOU) with the US-based Electroninks Inc. to res...
Dec 04, 2024 (Gmt+09:00)
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Cloud computingCJ OliveNetworks to expand cloud management biz
South Korea's CJ OliveNetworks said on Wednesday it will expand its managed service provider (MSP) in the cloud industry, utiliz...
Dec 04, 2024 (Gmt+09:00)
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Korean gamesS.Korea's Smilegate invests in GTA producer's studio
Smilegate, the South Korean developer of the world’s top first-person shooter game Crossfire, said on Tuesday it invested ...
Dec 04, 2024 (Gmt+09:00)
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AutomobilesHyundai, Kia on course for record 2024 US sales, led by SUVs, hybrids
South Korea’s Hyundai Motor Co. and its sister firm Kia Corp. saw their US vehicle sales surge in November, driven by larg...
Dec 04, 2024 (Gmt+09:00)
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MarketsBOK to buy repos to counter martial law-driven market tantrum
South Korea’s central bank will provide "unlimited" liquidity to the country’s financial markets by purchasing repur...
Dec 04, 2024 (Gmt+09:00)
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EconomyS.Korea's foreign reserves amount to $415.4 bn in Nov
South Korea's official foreign reserves at the end of November amounted to $415.4 billion.According to the Bank Of Korea (BOK) o...
Dec 04, 2024 (Gmt+09:00)
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Shareholder valueCelltrion to retire $400 mn treasury stock in January
South Korea’s biosimilar maker Celltrion Inc. on Wednesday announced a plan to retire about a quarter of its treasury stoc...
Dec 04, 2024 (Gmt+09:00)
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Corporate strategyKia vows to drastically raise shareholder returns, hike EV, hybrid sales
Kia Corp., South Korea’s second-largest automaker, plans to drastically raise its shareholder return rates to bolster shar...
Dec 04, 2024 (Gmt+09:00)
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Business & PoliticsSouth Korea president to lift martial law after Parliament rejects move
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Dec 04, 2024 (Gmt+09:00)