Hanwha Philly Shipyard primed to build next-generation US Navy submarines

PHILADELPHIA -- A year after South Korea’s Hanwha Group acquired the Philadelphia shipyard for $100 million, the facility is being positioned ...

Coupang saga takes new turn; Korea tries to contain negative fallout as US politician decries move

The saga over South Korea’s largest e-commerce platform operator Coupang Inc. is escalating as a massive personal data breach at the company t...

Won jumps after tough jawboning as Korea dangles tax breaks to lure back US stock investors

South Korea on Wednesday unveiled temporary tax breaks to coax retail investors out of US stocks and back into domestic equities, as authorities ste...

Seoul court rejects MBK bid to block Korea Zinc share sale to US-backed JV

A South Korean court has rejected a bid by an alliance of private equity firm MBK Partners and Young Poong Corp. to block Korea Zinc Inc. from selli...

K-beauty’s 2nd wave extends to wellness, lifestyle services: VIG Partners

No longer confined to skincare and makeup, the K-beauty has evolved into a multi-layered ecosystem spanning fashion items, wellness and lifestyle se...

Korean chipmakers’ equipment outlays to outpace Taiwan in 2026

South Korean chipmakers are expected to increase spending on semiconductor manufacturing equipment by 27.2% to $29.66 billion in 2026 as Samsung Ele...

South Korean individual investors: Dominant force in US leveraged ETF market

South Korean retail investors have emerged as the single largest foreign force in the US market for leveraged exchange-traded funds (ETFs), holding ...

Korea Investment & Securities taps KakaoBank executive Kim Gwang-ok as new IB head

Korea Investment & Securities has tapped Kim Gwang-ok, a vice president at KakaoBank, as its next head of investment banking, marking his return...

Kakao Entertainment to launch pan-Asian K-pop artist chart with Tencent Music, LINE MUSIC

Kakao Entertainment is moving to establish a new cross-border benchmark for K-pop popularity, teaming up with China’s Tencent Music Entertainm...

South Korea opens broad special tax probe into Coupang after data breach

South Korea’s tax authorities have opened a broad special audit of Coupang Inc., which has come under scrutiny over its handling of a massive ...

Korea’s senior presidential secretary says won’s slide excessive, govt won’t stand idly by

A senior South Korean presidential secretary has issued a rare warning to currency traders, saying that the government will not stand idly by if spe...

Samsung Biologics to buy its first US drug factory from GSK for $280 mn

Samsung Biologics Co., the world’s largest contract drugmaker, said on Monday it is acquiring its first US drug production facility from GSK p...

Korea’s Hanwha wins 1st US defense deal with Boeing for F-15 parts

Hanwha Systems Co., a leading South Korean defense manufacturer, has won its first US Air Force contract to supply Boeing Co. with cockpit displays ...

Krafton, Naver and Mirae Asset to launch up to $740 million Asia tech fund in India push

Krafton Inc., South Korea’s leading game developer, said on Friday it will join forces with Naver Corp., the country’s dominant internet...

Samsung unveils Exynos 2600, industry’s first 2 nm AP

Samsung Electronics Co. on Friday set out details of its latest application processor, the Exynos 2600, the industry’s first smartphone chip p...

South Korea bets on AI, power, financials to carry Kospi toward 5,000 in 2026

South Korean stocks are heading into 2026 with strategists betting that leadership will broaden beyond semiconductors to power, financial and infras...

Hana Financial to expand US presence with $100 mn injection into US banking arm

Hana Financial Group is moving to strengthen its presence in the US with a fresh capital injection into its local banking unit, as South Korean comp...

South Korean biotech firms poised for gains from US BIOSECURE Act

Expectations are growing that South Korean biotechnology companies, particularly drug contract manufacturers, will see increased orders as a sweepin...

BTS’ Anpanman rises to top of Billboard chart 7 years after release

Few would have expected a B-side released in 2018 to resurface at the top of a Billboard chart in late 2025. Yet BTS’ Anpanman, long familiar ...

Economic volatility offers opportunity for US alternative property investments: Kayne Anderson CEO

Global economic uncertainty is providing an opportunity for investments in US alternative real estate, including outpatient medical office and senio...

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...

Samsung foundry poised to win Intel’s 8 nm chip order

Samsung Electronics Co. is nearing a deal to manufacture 8-nanometer chips for Intel Corp., a move that would add another marquee customer to its fo...

STIC Investment to acquire laundry franchise giant Cleantopia for about $480 mn

STIC Investment, a South Korea–based private equity firm, is set to acquire Cleantopia, the country’s largest laundry franchise operator...

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...

Hong Kong-based Gaw Capital poised to acquire Koentec for $500 mn

Hong Kong-based private equity firm Gaw Capital Partners has emerged as the preferred bidder for Koentec Co., a South Korean industrial waste incine...

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...

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...