Samsung, SK Hynix to beat TSMC in gross profit margin for memory business
Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, are expected to surpass global foundry leader Taiwan Sem...
Korea’s Hanwha wins first 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 ...
Coupang faces US class-action lawsuit over data breach in Korea
E-commerce giant Coupang Inc. is facing a class-action lawsuit in the US following a data breach that exposed personal details of about 33.7 million...
Seoul to rewrite Kosdaq with tax breaks, listing reforms
South Korea is moving to revamp its Kosdaq market, pairing tax incentives aimed at institutional investors with listing reforms designed to revive t...
Carlyle buys KFC Korea for $135 mn, deepening its presence in KFC's Asian operations
The Carlyle Group has acquired the Korean operations of KFC, the iconic fried chicken chain, for about 200 billion won ($135 million), marking one o...
Seoul to back AI computing, solid state batteries first with National Growth Fund
South Korea has picked seven projects from AI computing to all-solid-state batteries as the first recipients of capital from its 150 trillion won ($...
BOK decides to waive FX levy at emergency monetary meeting to boost dollar liquidity
The Bank of Korea (BOK) on Friday convened its first extraordinary meeting of the monetary policy board in a year, approving a temporary waiver of a...
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...
Korea Post seeks offshore real estate secondary funds for $150 mn mandate
Korea Post is seeking one or two offshore real estate secondary fund managers for a commitment of up to $150 million, or €150 million in total....
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...
YNCC, Lotte Chemical likely to consolidate naphtha facilities in Yeosu
Yeocheon NCC (YNCC) and Lotte Chemical Corp. are moving toward a consolidation of their naphtha cracking centers in Yeosu, one of South Korea’...
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...
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...
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...
Hanwha picks H&Q as preferred buyer of Five Guys' Korean business
Hanwha Group has named Seoul-based H&Q Equity Partners as the preferred buyer of Five Guys’ Korean operations, just over two years after l...
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...
LG Energy's $6.5 bn EV battery supply deal with Ford terminated
LG Energy Solution Ltd. said on Wednesday that its long-term electric vehicle battery supply agreement with Ford Motor has been terminated following...
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...
Waste management firm Ecorbit in talks to buy landfill operator Keco
Ecorbit Co., South Korea’s largest waste management company, is in talks to acquire landfill operator Keco Co. in a bolt-on deal, following it...
No Other Choice and KPop Demon Hunters step closer to the Oscars with shortlist recognition
As the US awards season gathers pace, two Korean films have quietly edged closer to the Oscars.Park Chan-wook’s No Other Choice and Netflix&...
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...
KT turns to lifer Park Yoon-young for CEO role
KT Corp. has named longtime insider Park Yoon-young as its next chief executive officer candidate, opting for continuity as South Korea’s No. ...
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...
