Samsung joins world's top earners: Why its market value still trails Nvidia, TSMC

Samsung Electronics Co. on Tuesday surprised the market with a 755% surge in quarterly earnings, ranking fourth globally in the latest quarter behin...

Celltrion’s biosimilar Truxima: Most prescribed blood cancer treatment in the US

South Korea's biopharmaceutical company Celltrion Inc. has secured a milestone in the world’s largest pharmaceutical market, with its blood ca...

S.Korea mulls $1.3 bn secondary fund as VC firms struggle with exits

South Korea's brokerage firms and related institutions are considering launching a 2-trillion-won ($1.3 billion) secondary fund as venture capital f...

Pearl Abyss poised to end 3 years of losses as Crimson Desert roars back

For a few days, Crimson Desert looked like it might become one of South Korea’s costliest gaming letdowns.Pearl Abyss Corp. had spent seven ye...

S.Korea’s national debt tops $800 bn after $31 bn stimulus push in 2025

South Korea’s national debt has surpassed 1,300 trillion won ($865 billion) for the first time ever, after the government rolled out two round...

Korea's top 3 fintech platforms close in on leading regional bank

Viva Republica Inc., Naver Corp. and Kakao Corp.'s fintech arms posted a combined net profit for the first time in 2025, bringing their earnings clo...

Samil PwC tops Korea M&A advisory in Q1 as deal drought deepens

South Korea’s dealmakers faced a much thinner market in the first quarter of this year, as rising geopolitical and macroeconomic uncertainty c...

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 ...

Korea’s Military Mutual Aid Association tops $661 mn in record annual profit

South Korea’s Military Mutual Aid Association (MMAA) said Monday that profit from its investment and business operations topped 1 trillion won...

Korea’s mortgage rates top 7% first time in 3.5 years on US-Iran war

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...

South Korean defense stocks still have room to run, analysts say         

A recent pullback in South Korean defense stocks is giving investors another chance to buy into one of the market’s strongest themes this year...

Samsung Card takes top spot in S.Korea’s credit card spending

Samsung Card Co. has overtaken Shinhan Card Co. for the first time in South Korea’s personal credit card spending market, extending its lead i...

Goldman Sachs: 1st global IB to open office near NPS as Jeonju transforms into K-Wall Street

Goldman Sachs, a US investment banking giant, is working to establish a presence in the South Korean city of Jeonju, where the National Pension Serv...

Hanwha moves to exit Korea Zinc chair's alliance amid MBK control battle

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 ...

Samsung to manufacture Nvidia’s new inference chip Groq 3 LPU; shipments likely in Q3

SILICON VALLEY – Shares in Samsung Electronics Co. rose sharply on Tuesday after Nvidia Corp. Chief Executive Jensen Huang publicly confirmed ...

CXMT's IPO: defining moment for China's DRAM gambit; moves may unnerve Korean rivals

Back in September 2019, a lesser-known Chinese chipmaker startled the global semiconductor industry by unveiling an 8-gigabit DDR4 DRAM chip, the fi...

Hanmi Pharm to replace CEO, ending shareholder rift?

Hanmi Pharmaceutical Co. is poised to replace its chief executive with a private equity expert, a move that analysts say would temporarily mend the ...

New CEO nomination at Hanmi Pharm heralds new shareholder fight?

Hanmi Pharmaceutical Co. is poised to replace its chief executive, a move that exposes a rift among its major shareholders and could trigger further...

NPS advised to have equity, fixed-income, alternatives heads under CIO as fund’s scale stretches

Calls are growing for South Korea’s National Pension Service (NPS) to introduce a new layer of senior executives overseeing individual asset c...

Bullish ETF bets blamed for rollercoaster swings in South Korean stock market

South Korea’s stock market has been whipsawed by extreme swings in recent weeks, with analysts increasingly pointing to the explosive growth o...

Blackpink style, please: Foreign tourists flock to Seoul hair salons

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...

UCK Partners acquires premium wedding hall operator Umoment in $137 million deal

Seoul-based private equity firm UCK Partners is set to enter South Korea’s wedding services industry after agreeing to reacquire Umoment Co., ...

Affinity to sell SK Rent-a-Car to secure Korea’s top Lotte Rental

Affinity Equity Partners is set to put SK Rent-a-Car Co. back on the market just 18 months after acquiring the No. 2 car leasing company in South Ko...

Kim & Chang’s Park Jong-hyun named top Korea M&A lawyer; Cho Yong-ho picked as rising star

Park Jong-hyun of Kim & Chang has been named South Korea’s top M&A lawyer for 2025 after advising on a 15.3 trillion won ($10.6 billio...

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...

Hyundai to build $6.3 billion AI, robotics, hydrogen hub in South Korea

Hyundai Motor Group will invest 9 trillion won ($6.3 billion) to build an artificial-intelligence data center, robot manufacturing complex and hydro...

Glenwood PE tops Korea’s private equity rankings as MBK faces backlash

South Korea’s private equity industry suffered a year of sharply diverging fortunes in 2025, with Glenwood Private Equity Co. emerging as the ...

UBS’ Kyungin Lee, Korea Investment’s Kim Sung-hwan: Most influential in Korea’s capital markets

Kyungin David Lee, UBS Global Banking Asia vice chairman, has been named the most powerful figure in South Korea’s capital markets this year, ...

KPop Demon Hunters sweeps 10 at Annie Awards, sights set on Oscars

At the 53rd Annie Awards held on Feb. 22 at UCLA’s Royce Hall in Los Angeles, the film won across all 10 categories in which it was nominated,...

S.Korea breaks into top 5 global travel picks for millennials, Gen Z

South Korea has ranked among the five most desired travel destinations for millennials and Gen Z worldwide in 2026, according to a survey released M...