Korea presidential office convenes FX meeting with top exporters as it eases FX rules

South Korea’s presidential office on Thursday convened an emergency meeting with executives from seven of the country’s largest conglome...

Korea Zinc offers preferential terms to US with option to buy up to 34.5% in $7 bn smelter

Korea Zinc Inc. has agreed to grant the US government an option to acquire up to a 34.5% stake in a minerals smelter it plans to build in Tennessee,...

Returns of BTS, BigBang, EXO put K-pop stocks back in play

South Korean entertainment stocks are moving back into the spotlight as expectations build for the return of top boy bands led by BTS and renewed op...

Doosan named preferred bidder for SK Siltron, world's No. 3 chip wafer supplier

Doosan Group has moved a step closer to acquiring SK Siltron Co., the world’s third-largest semiconductor wafer maker, after the engineering-t...

South Korean won weakens past 1,480 per dollar, lowest in 8 months

South Korea’s won weakened past the 1,480 per dollar in intraday trade on Wednesday, reaching its weakest point in about eight months as forei...

South Korea’s year-end IPO market defies seasonal lull

South Korea’s initial public offering market, typically subdued at the end of the year, is showing unusual exuberance as newly listed companie...

SK weighs Ulsan cracker shutdown as S.Korea’s petrochemical shakeout deepens

South Korea’s drive to restructure its petrochemical industry is entering a pivotal phase as SK Geo Centric Co. is leaning toward shutting a n...

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...

NPS extends strategic currency hedging to end-2026, adds flexibility to stabilize won

The National Pension Service (NPS), South Korea’s state-run pension fund and largest institutional investor, has decided to extend its strateg...

Seoul weighs Kosdaq split from Kospi to invigorate lagging junior market

South Korean policymakers are weighing a far-reaching reform of the country’s stock market structure that would separate the Kosdaq from its l...

Korea Zinc plans $6.8 bn US smelter with Washington’s equity stake; Young Poong, MBK oppose plan

Korea Zinc Inc., the world’s largest non-ferrous metals smelter, is planning to build a 10 trillion won ($6.8 billion) smelting complex in the...

Tribunal procedural flaws led to Korea’s annulment win vs Lone Star: Arnold & Porter

South Korea’s rare victory against Lone Star in annulling an investor-state arbitration award turned on procedural flaws that lawyers argued d...

S.Korea’s steel exports set to slide to 5-year low as Chinese supply floods markets

South Korea’s steel industry is heading toward its weakest export performance in five years, as a prolonged global construction slump collides...

SK On to build LFP battery plant in Korea for ESS output, targeting $13.5 billion govt projects

SK On Co., a major South Korean battery maker, has decided to build the country’s largest domestic production line for lithium iron phosphate ...

Korea’s petrochemical shakeout accelerates as YNCC moves to shut plant

South Korea’s long-stalled effort to restructure its petrochemical industry is set to gain fresh momentum as Yeochun NCC (YNCC) shareholders h...

South Korea names former lawmaker Kim Sung-joo to lead NPS

South Korea has appointed Kim Sung-joo, a former lawmaker from the ruling Democratic Party and a longtime health policy specialist, as chairman and ...

South Korea plans domestic asset-backed wealth fund modeled on Temasek

South Korea plans to create a sovereign wealth fund that would invest in state-owned assets, valued at around 1,300 trillion won ($900 billion), mod...

Hyundai Rotem nears $2 bn armored vehicle supply deal with Peru

Hyundai Rotem Co. has signed a tentative agreement with Peru's national defense company to supply a total of 195 armored vehicles, South Korea's pre...

GM Korea’s vehicle sales collapse to record low as Chinese EV maker BYD pulls ahead

The South Korean affiliate of US auto giant General Motors Co. saw its vehicle sales in November fall below 1,000 units – the lowest figure si...

Morgan Stanley PE Korea head Michael Hwey Hoon Chung steps down after 2 decades

Michael Hwey Hoon Chung, managing director at Morgan Stanley and head of Morgan Stanley Private Equity Asia's (MSPEA) South Korean operations, is ...

Korea seeks to overhaul listed firms’ M&A rules to use fair value instead of market prices

South Korea is seeking one of its most far-reaching capital-markets overhauls in decades, with plans to rewrite merger-valuation rules, tighten disc...

Is fever for Samyang’s Hot Chicken Flavor Ramen subsiding?

The globally renowned Hot Chicken Flavor Ramen is losing steam due to weaker demand following price hikes in the US and limitations in its core cons...

SoftBank's Son urges Korea to secure power to brace for artificial superintelligence

Masayoshi Son, the chief executive of SoftBank Group, on Friday urged South Korea to secure ample energy to prepare for the coming artificial superi...

South Korea’s short-selling firepower swells, signaling market turn

A surge in securities lending across South Korea’s stock market is emerging as a powerful new drag on the nation’s top technology names,...

Korea Zinc gains climate nod as Steel Cycle chief awarded for RHF processing

Korea Zinc Inc., the world’s largest lead and zinc smelter, has gained fresh validation for its circular-metals strategy after an executive at...

South Korea's Lee to meet SoftBank’s Masayoshi Son on AI infrastructure expansion

South Korean President Lee Jae Myung is set to meet with Masayoshi Son, the founder and chairman of SoftBank Group, on Friday to discuss the Japanes...

Korean bond yields break above 3%, shutting issuers out of market

South Korea’s government bond market has entered a fresh bout of volatility, with yields climbing above 3% even as global peers' yields remain...

KPop Demon Hunters’ Golden tops YouTube Korea in 2025

KPop Demon Hunters dominated YouTube Korea in 2025, with its hit track Golden emerging as the most-viewed song of the year. In the creators category...

Johns Hopkins University, IFEZ to host global biotech innovation summit in Korea

Johns Hopkins University will bring prominent figures from the US and South Korea’s life-science communities together in Songdo on Thursday fo...

Korea's culture‑tech wave begins with KPop Demon Hunters: LB Investment

Netflix’s mega-hit animated film KPop Demon Hunters has become a model of South Korea's cultural and technology innovation success as K-conten...