S.Korea, France to cooperate on safe shipping through Strait of Hormuz

South Korea and France agreed on Friday to cooperate in securing safe shipping routes through the Strait of Hormuz, a vital waterway through which a...

Korea’s mid-tier shipbuilder Daehan to post record profits amid US-Iran war

Daehan Shipbuilding Co., a South Korean mid-tier shipyard, is expected to post record profits this year, fueled by its focus on oil tankers, amid th...

Google’s TurboQuant to speed memory chip efficiency, not disturb demand: FurisosaAI CEO

Google Inc.'s TurboQuant, which sharply reduces the memory needed to run artificial intelligence models, should not be seen as a threat to chipmaker...

Hyundai’s new strategy for high-end EVs: Making ultra-high-nickel batteries in-house

While preparing to mass-produce lower-cost batteries for relatively cheap EV models, Hyundai Motor Group, South Korea’s top automaker, is also...

Samsung, SK Hynix shares drop as high chip prices stoke end-demand doubts

Shares in Samsung Electronics Co. and SK Hynix Inc. fell for a fifth consecutive session on Tuesday, with sustained foreign selling reinforcing inve...

Korean Teachers’ Credit Union’s assets reach $56.6 bn as profit hits record high

The Korean Teachers’ Credit Union (KTCU), a retirement fund for South Korea's teachers and employees, has reported a sharp rise in assets and ...

Iran war poses hard question for Korea: Why little progress in decades-old diversification from Middle Eastern oil?

South Korea’s long-standing reliance on Middle Eastern crude is once again under the spotlight, as geopolitical tensions expose structural con...

Smaller, but high-priced OLEDs, LG Display’s new growth engine

South Korea’s LG Display Co. is regaining its footing by concentrating on high-value, smaller organic light-emitting diode (OLED) products whi...

Hanwha Solutions’ 2020 vs 2026 rights offering: Why investors are unsettled this time

Hanwha Solutions Corp.'s announcement on Thursday of a 2.4 trillion won ($1.6 billion) rights offering plan blindsided investors and sent its shares...

EQT secures 90% stake in Douzone Bizon through tender offer, aims to take it private

Sweden’s EQT Partners, one of Europe’s largest private equity firms, has secured close to 90% ownership of South Korean software company...

Hanwha Solutions shares sink on $1.6 billion rights offering plan

Hanwha Solutions Corp. shares plunged about 20% on Thursday after the company unveiled a plan for a 2.4 trillion won ($1.6 billion) rights offering,...

South Korea’s births rebound to 7-year high in January, but doubts persist

South Korea, long synonymous with the world’s lowest birth rate and one of the fastest-aging populations, saw its highest monthly births in se...

Samsung Electronics' labor unions vote to strike, call for bonus cap removal

Samsung Electronics Co.'s labor unions have moved closer to a general strike planned for May, after their three-month negotiations with management f...

S.Korea to bring 6 nuclear reactors back online ahead of schedule amid Middle East jitters

South Korea plans to restart six nuclear reactors earlier than scheduled as authorities are gearing up for potential energy shortages triggered by t...

No career ambition, no ego: AI plays devil's advocate at Audax Private Equity

Generative AI is challenging traditional investment theses, acting as a devil's advocate to sharpen decision-making, particularly when it comes to a...

Korea Inc. braces for shareholder activism surge after Commercial Act overhaul

South Korean corporations are expected to face an unprecedented surge in shareholder activism during this year’s annual meeting season, after ...

Korean firms face wave of direct bargaining demands from subcontractors under new labor law

South Korean companies are facing a broad push for direct bargaining from subcontractors under new legislation that expands union rights, with deman...

Brokerages strained by IPO put-back options as Middle East shock jolts markets

South Korea’s domestic brokerages that voluntarily offered downside protection to retail investors during the country’s initial public o...

South Korea to import 6 million barrels of UAE crude to curb fuel price surge

South Korea will import more than 6 million barrels of crude oil from the United Arab Emirates as part of an emergency effort to stabilize domestic ...

LG Energy Solution picks L&F over parent LG Chem for Tesla battery cathodes

LG Energy Solution Ltd. has chosen L&F Co. as the primary supplier of cathode materials for batteries used in Tesla Inc.’s electric vehicl...

Hyundai prioritizes industrial use for Atlas before home application

Hyundai Motor Group plans to take a different path in the fast-emerging humanoid robotics market, prioritizing industrial deployment and product rel...

Blackpink's DEADLINE sells 1.46 million copies on day of release, sets new K-pop girl group record

After more than three years of waiting, Blackpink fans around the world responded in the only way they know how — in record-breaking numbers.B...

Seoul gives conditional nod to Google’s high-resolution map exports

South Korea on Friday approved Google’s request to export high-resolution digital map data under strict security conditions, ending nearly two...

Hanmi challenges Wegovy; Samsung accelerates AI drug drive

South Korea’s pharmaceutical sector is mounting a more aggressive push into blockbuster obesity drugs and next-generation biologics, with Hanm...

Short-selling war chest swells to record high as Kospi hits 6,000

South Korea’s stock lending balance, often viewed as dry powder for short sellers, has climbed to a record high as the benchmark Kospi index b...

SK Hynix emerges as ‘emperor stock’ as Samsung hits new highs; Kospi edges closer to 6,000

South Korean equities shrugged off a sharp Wall Street sell-off to scale fresh heights on Tuesday, as heavy institutional buying propelled the bench...

EQT to spend $1.5 billion on tender offer to take Douzone Bizon private

Sweden’s EQT Partners, one of Europe’s largest private equity firms, has launched a 2.18 trillion won ($1.5 billion) tender offer to acq...

Samsung Electronics seen offering 40% upside even after sharp rally

Samsung Electronics Co. could rise more than 40% from current levels, according to brokerage estimates, as strengthening memory chip prices and impr...

Korean retail investors pile into triple-leveraged ETFs for outsized gains as US stocks stall

South Korea’s retail investors, known as the Ants, are shifting toward aggressive, high-risk strategies, pouring money into triple-leveraged e...

Samsung begins world’s first HBM4 shipments; shares soar to record high

Samsung Electronics Co. said Thursday it has begun commercial shipments of sixth-generation high-bandwidth memory, or HBM4, becoming the first suppl...