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...

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 ($...

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...

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...

Seoul fires starting gun on $102 bn fund with demand already outpacing supply

South Korea officially launched its 150 trillion won ($102 billion) sovereign-backed investment vehicle on Thursday, revealing that initial funding ...

Seoul weighs legal changes for NPS dollar bond issuance to shore up won

South Korea is considering revising its pension laws to pave the way for the National Pension Service (NPS) to issue foreign currency bonds as part ...

Seoul’s won-stability push drives Korean firms offshore for bonds

South Korea’s state-run banks and companies are expected to ramp up foreign currency bond issuance in 2026 after the government sharply increa...

Seoul taps Mirae Asset's Park, Celltrion's Seo to co-lead $102 bn National Growth Fund

South Korea has asked two of its most prominent billionaire entrepreneurs – Mirae Asset Group Chairman Park Hyeon-joo and Celltrion founder Se...

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...

Seoul pushes exporters to convert dollars; NPS extends FX swap with BOK

South Korea's financial authorities said on Monday it will begin regularly monitoring the dollar conversion of export-oriented companies and tighten...

Seoul sets 30% top rate for dividend income above $3.4 mn

South Korea’s ruling and opposition parties have agreed to create a new top bracket for dividends earned from domestic stock, applying a rate ...

Seoul to introduce tax incentives to revitalize Kosdaq market

After helping ignite a rally in the Kospi under South Korea's President Lee Jae Myung’s pro-market tilt, Seoul is turning its reform agenda to...

Seoul presses brokerages to spread out dollar conversions as won slide deepens

South Korea’s foreign-exchange authorities have urged major brokerages to stagger their dollar-buying and diversify how they source greenbacks...

CPPIB, Morgan Stanley, M&G, GIC, others move to pull back from Korea’s rental housing sector

Global institutional investors and asset managers are moving to withdraw from South Korea’s rental housing sector, raising fears that the coun...

Reliance's Ambani explores broader partnership with Samsung's Lee in Seoul

Mukesh Ambani, the Indian billionaire and chairman of Reliance Industries Ltd., met with Samsung Electronics Co. Chairman Lee Jae-yong on Tuesday as...

How Seoul’s quiet legal machine beat Lone Star in 2-decade battle

South Korea’s decisive victory in its long-running arbitration battle with Lone Star Funds was not the result of a single legal breakthrough o...

South Korea, UAE to jointly pursue nuclear energy exports; Seoul to join Stargate UAE project

South Korea and the United Arab Emirates (UAE) have agreed to jointly pursue nuclear energy exports to third countries, while Seoul is also poised t...

Asia’s richest man Ambani to meet with Samsung’s Jay Y. Lee in Seoul for Indian business

Mukesh Ambani, India’s richest man and chairman of Reliance Industries Ltd., will come to South Korea for talks with Samsung Electronics Co. C...

South Korea scores rare complete win as ICSID overturns Lone Star award

South Korea has secured a sweeping victory in its decades-long dispute with Lone Star Funds after an international tribunal annulled a 2022 ruling t...

Korea’s medical tourism: booming yet overly concentrated in Seoul, aesthetics

South Korea’s medical tourism industry is enjoying its strongest influx on record, propelled by surging demand from foreign patients drawn to ...

S.Korea’s biosimilar giant Celltrion pledges $2.7 billion investment at home

South Korea’s Celltrion Inc. plans to invest 4 trillion won ($2.7 billion) in its domestic biopharmaceutical operations over the next three ye...

Washington endorses Seoul's nuclear submarine ambitions, slashes auto trafiffs

South Korean President Lee Jae Myung said on Friday that the US has agreed to support Seoul’s long-held pursuit of nuclear-powered submarines ...

Seoul steps up verbal warnings amid won’s slide; to discuss FX stability measures with NPS

The South Korean won rebounded sharply from seven-month lows on Friday morning after authorities moved to steady the currency with a mix of verbal w...

Samsung’s Jay Y. Lee, LG’s top brass discuss cooperation with Mercedes-Benz chief in Seoul

Samsung Electronics Co. Chairman Lee Jae-yong and Mercedes-Benz Chief Executive Ola Källenius met in Seoul on Thursday to discuss expanding coo...

Mirae Asset, Korea Investment win S.Korea’s 1st IMA licenses

South Korea has approved two of its largest securities houses as the country’s first operators of a new investment-banking product designed to...

Samsung’s Jay Y. Lee to meet with Mercedes-Benz chief in Seoul next week

Samsung Electronics Co. Chairman Lee Jae-yong is set to meet Mercedes-Benz Chief Executive Ola Källenius in Seoul next week, as the two groups ...

Beyond shopping: Central Department Store’s Korean fashion play

In Bangkok’s bustling Gangnam-equivalent of Chidlom, where cafe culture meets couture, Thailand’s largest department store chain, Centra...

Koreans' Cambodia fears drive surge in Korea-Japan airfares as travelers shun SE Asia

Fears over travel to Cambodia, dubbed "Cambodia phobia" by South Korean media, following a series of scam scandals in the Southeast Asian country, h...

Gen Z ditches leggings, squeezing spandex makers from Seoul to Shanghai

Hyosung TNC Corp., the world's largest spandex manufacturer, is facing an unexpected problem: The stretchy fiber that powered the athleisure revolut...

Once languishing, Korea’s art market shows signs of thaw as collectors return

At a packed K Auction room in Seoul’s upscale Sinsa-dong late last month, the energy in the room suddenly shifted – palpably – whe...