S.Korea, UK strike upgraded trade deal, expanding market access on both sides

S.Korea, UK strike upgraded trade deal, expanding market access on both sides

South Korea and the UK have agreed to upgrade their bilateral free trade agreement, a move Seoul expects will unlock fresh export momentum in automo...

GEPS seeks brokerage firms for global equities, bonds trading in H1, 2026

GEPS seeks brokerage firms for global equities, bonds trading in H1, 2026

South Korea’s Government Employees Pension Service (GEPS) is seeking brokerage firms to handle overseas asset trading for the first half of 20...

LG Electronics, LG Chem appoint new CEOs in generational leadership change

LG Electronics, LG Chem appoint new CEOs in generational leadership change

LG Group, South Korea’s fourth-largest conglomerate, has launched a sweeping generational shift at the top of its flagship businesses, replaci...

SK Earthon adds North Ketapang block in drive to create Southeast Asia energy hub

SK Earthon adds North Ketapang block in drive to create Southeast Asia energy hub

SK Earthon Co. is accelerating its expansion across Southeast Asia’s oil and gas frontiers, securing a fresh stake in a promising Indonesian o...

China suspends sanctions on Hanwha Ocean as Beijing-Washington trade truce takes hold

China suspends sanctions on Hanwha Ocean as Beijing-Washington trade truce takes hold

BEIJING – China has virtually lifted sanctions on five US subsidiaries of South Korean shipbuilder Hanwha Ocean Co., in a conciliatory step fo...

Macquarie unloads 7% stake in LG CNS via $310 mn block sale at 9% discount

Macquarie unloads 7% stake in LG CNS via $310 mn block sale at 9% discount

Private equity firm Macquarie Asset Management has sold about 7% of its stake in LG CNS Co., the IT services unit of South Korea’s LG Grou...

Samsung heirs sell $1.3 bn stake in Samsung Electronics for inheritance taxes

Samsung heirs sell $1.3 bn stake in Samsung Electronics for inheritance taxes

The heirs of late Samsung Group Chairman Lee Kun-hee offloaded about 1.8 trillion won ($1.3 billion) worth of Samsung Electronics Co. shares through...

Samsung heirs sell $1.3 bn stake in Samsung Electronics for inheritance taxes

Samsung heirs sell $1.3 bn stake in Samsung Electronics for inheritance taxes

The heirs of late Samsung Group Chairman Lee Kun-hee offloaded about 1.8 trillion won ($1.3 billion) worth of Samsung Electronics Co. shares through...

South Korea, Malaysia seal free trade pact

South Korea, Malaysia seal free trade pact

KUALA LUMPUR – South Korea and Malaysia have finalized a free trade agreement that will expand exports of Korean automobiles and steel product...

S.Korea’s trade chiefs head back to US for talks with Lutnick; no overnight stay

S.Korea’s trade chiefs head back to US for talks with Lutnick; no overnight stay

South Korea’s top trade negotiators headed back to Washington, D.C. on Wednesday for the final phase of tariff negotiations with US Commerce S...

South Korea taps BP for deep-sea gas drilling project in East Sea

South Korea taps BP for deep-sea gas drilling project in East Sea

South Korea has selected BP plc as a partner to develop a deepwater gas reserve in Korea's East Sea, according to people familiar with the matter on...

Seoul, Washington in ‘last-mile’ trade talks; US seen softening on up-front payment demand

Seoul, Washington in ‘last-mile’ trade talks; US seen softening on up-front payment demand

WASHINGTON, D.C. – South Korea and the US have entered the final stretch of negotiations in Washington to conclude a sweeping investment and t...

SK Earthon puts stake in oil blocks in Vietnam up for sale

SK Earthon puts stake in oil blocks in Vietnam up for sale

SK Earthon Co., the oil exploration arm of SK Innovation Co., has put its stake in three oil blocks in Vietnam, estimated to be worth 200 billion wo...

China sanctions Hanwha’s US affiliates amid escalating Beijing-Washington trade dispute

China sanctions Hanwha’s US affiliates amid escalating Beijing-Washington trade dispute

BEIJING – China has imposed sweeping sanctions on five US subsidiaries of South Korea’s Hanwha Ocean Co., accusing the shipbuilder of ai...

Korea Exchange to cut trading fees for 1st time in 2 decades as Kospi soars past 3500 to record high

Korea Exchange to cut trading fees for 1st time in 2 decades as Kospi soars past 3500 to record high

The Korea Exchange (KRX) will slash stock trading fees by up to 40% in December, marking the first overhaul of its pricing structure since the bours...

Hard to be optimistic on US FX swap, but not too pessimistic on trade deal: S.Korean security adviser

Hard to be optimistic on US FX swap, but not too pessimistic on trade deal: S.Korean security adviser

South Korea’s national security adviser said Monday that Washington is unlikely to agree to Seoul’s request for a currency swap line for...

Korean won sinks amid US investment jitters; Seoul plans 24-hour FX trading

Korean won sinks amid US investment jitters; Seoul plans 24-hour FX trading

The Korean won tumbled past 1,410 to the dollar on Friday for the first time in four months, rattled by a resurgent greenback and rising unease over...

Foreign holdings in Samsung Electronics at 2025 highs; further upside seen

Foreign holdings in Samsung Electronics at 2025 highs; further upside seen

Foreign investors’ holding of shares in Samsung Electronics Co. has reached the highest level ever this year, after they scooped up about 1.4 ...

Lotte Duty Free resumes trade with Chinese resellers as K-beauty sales rise

Lotte Duty Free resumes trade with Chinese resellers as K-beauty sales rise

Lotte Duty Free, South Korea’s largest duty-free business operator, has resumed sales to Chinese bulk resellers, known as daigou traders, reve...

Disney to buy into Webtoon in new comics platform tie-up

Disney to buy into Webtoon in new comics platform tie-up

The Walt Disney Co. will acquire a 2% equity stake in Webtoon Entertainment Inc., a digital comic and novel platform operator owned by South Korea&r...

POSCO tipped to become 1st Korean company to join Alaska LNG project

POSCO tipped to become 1st Korean company to join Alaska LNG project

POSCO International Corp. is tipped to become the first South Korean company to join the $45 billion Alaska liquefied natural gas (LNG) project foll...

Lutnick urges S.Korea to accept deal or face steep tariffs as trade talks stall

Lutnick urges S.Korea to accept deal or face steep tariffs as trade talks stall

NEW YORK – US Commerce Secretary Howard Lutnick said on Thursday that South Korea should either accept a bilateral framework trade deal struck...

S.Korea turns to Southwest Asia for export growth with Bangladesh in focus

S.Korea turns to Southwest Asia for export growth with Bangladesh in focus

South Korea is turning to Southwest Asia as a new export market with a focus on Bangladesh as it seeks to expand trade with the energy-rich, populou...

S.Korea-US summit yields no joint statement amid split on auto tariffs, MFN status

S.Korea-US summit yields no joint statement amid split on auto tariffs, MFN status

WASHINGTON D.C. – South Korean President Lee Jae Myung’s first bilateral meeting with US counterpart Donald Trump ended in a cordial atm...

S.Korea’s Lee heads to high-stakes summit with Trump after closing ranks with Ishiba

S.Korea’s Lee heads to high-stakes summit with Trump after closing ranks with Ishiba

South Korean President Lee Jae Myung is flying to Washington after a high-profile visit to Tokyo, where he sought to repair ties with Japan ahead of...

S.Korea cuts growth outlook to 0.9%, banks on AI to reignite economy

S.Korea cuts growth outlook to 0.9%, banks on AI to reignite economy

South Korea’s government cut its 2025 economic growth forecast in half from its earlier expectation, saying the economy will expand just 0.9% ...

South Korea, Vietnam to nearly double bilateral trade to $150 billion by 2030

South Korea, Vietnam to nearly double bilateral trade to $150 billion by 2030

South Korea and Vietnam agreed Monday in Seoul to boost bilateral trade to $150 billion over the next five years, nearly double current levels, by e...

Global investment banks raise S.Korea’s growth forecasts as trade tensions with US ease

Global investment banks raise S.Korea’s growth forecasts as trade tensions with US ease

Global investment banks are revising up their growth forecasts for South Korea, citing easing trade uncertainties and signs of a consumer-led recove...

Korens cleared in trade secrets dispute with SNT Motiv

Korens cleared in trade secrets dispute with SNT Motiv

South Korean auto parts manufacturer Korens and its affiliate Korens EM have been cleared of all charges in a years-long legal battle with larger ri...

Samsung Chairman Lee heads to US as chips become key trade leverage

Samsung Chairman Lee heads to US as chips become key trade leverage

Samsung Electronics Co. Chairman Lee Jae-yong departed for the US on Tuesday, just days before the US-set  Aug. 1 deadline for a trade deal, si...

Samsung, SK Hynix to beat TSMC in gross profit margin for memory business Korea’s Hanwha wins first US defense deal with Boeing for F-15 parts Coupang faces US class-action lawsuit over data breach in Korea Seoul to rewrite Kosdaq with tax breaks, listing reforms Carlyle buys KFC Korea for $135 mn, deepening its presence in KFC's Asian operations