Bank of Korea Gov. Rhee Chang-yong on Friday struck a cautiously optimistic tone on the currency market as he chaired his final rate-setting meeting...
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...
Iran’s move to impose a transit fee on vessels passing through the Strait of Hormuz is set to ripple through global energy markets, with South...
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...
South Korea has moved to deploy its strategic petroleum reserves to stabilize domestic supply, as a prolonged Middle East conflict continues to disr...
South Korea’s long-standing reliance on Middle Eastern crude is once again under the spotlight, as geopolitical tensions expose structural con...
South Korea’s much-anticipated inclusion of its bonds in the FTSE World Government Bond Index (WGBI) on April 1 is expected to attract as much...
South Korea’s mortgage rates climbed above 7% for the first time in nearly three and a half years, banking industry sources said on Sunday. Th...
Global financial markets have suffered a $12 trillion erosion in value in the month since war broke out between the US and Iran, as surging oil pric...
South Korean retail investors, undeterred by the violent swings unleashed by the Middle East crisis, have used the market pullback to buy stocks on ...
Airlines across Asia are facing an escalating fuel supply crunch after airports in Japan and parts of Southeast Asia have begun restricting jet fuel...
Iran has included the Barakah nuclear power plant in Abu Dhabi, South Korea’s first overseas nuclear project, in a list of potential targets f...
The South Korean won on Monday extended losses to retreat past the 1,510 level against the US dollar as soaring oil prices on fears of a prolonged c...
A sharp rise in tungsten prices is stoking fresh concerns over supply disruptions in the global semiconductor industry, coming on the heels of a rec...
Hanwha Group is tapping Hong Kong-based asset managers to sell shares in Korea Zinc Inc., worth about 2.5 trillion won ($1.7 billion), according to ...
South Korea will temporarily designate naphtha as an economic security item and press fuel retailers to pass lower costs through to consumers, Finan...
Yeochun NCC Co. (YNCC), South Korea’s largest ethylene producer, plans to shutter two naphtha crackers in Yeosu, cutting annual ethylene outpu...
South Korean President Lee Jae Myung on Monday urged the government to prepare preemptive measures, including the rapid introduction of a ceiling on...
South Korea’s largest ethylene producer Yeochun NCC Co. has warned customers it may not be able to deliver contracted products after the closu...
South Korean President Lee Jae Myung has ordered the rapid deployment of a 100 trillion won ($68.3 billion) financial market stabilization fund and ...
South Korean equities suffered their steepest one-day fall on record on Wednesday, capping a two-day rout that wiped nearly a fifth off the benchmar...
On a narrow street a few minutes from Hongik University Station in western Seoul, a small hair salon receives most of its reservations not through S...
South Korea’s growing industrial and commercial presence in the Middle East is facing an abrupt stress test as the US-Iran war is spreading ac...
Seoul-based private equity firm UCK Partners is set to enter South Korea’s wedding services industry after agreeing to reacquire Umoment Co., ...
South Korea on Sunday launched an emergency review of its economy and financial markets after the death of Iran’s supreme leader, Ayatollah Al...
South Korea’s largest law firms defied the economic headwinds in 2025 as tighter regulations over labor, antitrust and data protection became ...
Suh Sang-jun, the executive who has led EQT Partners’ infrastructure investments in South Korea, is leaving the global private equity group, m...
The South Korean won fell back to levels seen before authorities’ aggressive intervention late last month, underscoring renewed pressure on th...
No longer confined to skincare and makeup, the K-beauty has evolved into a multi-layered ecosystem spanning fashion items, wellness and lifestyle se...
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...
