News

Samsung Electronics Co. Chairman Lee Jae-yong departed for the US on Tuesday, just days before the US-set Aug. 1 deadline for a trade deal, signaling Seoul’s strategic use of semiconductor investments ...
The drop amount, or gaming chip purchases, at South Korea’s major foreigner-only casino venues spiked to a record high of 3.42 trillion won ($2.5 billion ...
Global private equity firm TPG has struck one of this year’s standout mid-cap deals in South Korea, selling Samhwa Co., a cosmetics packaging specialist, ...
Koreans’ craving for luxury goods fades Sales of global high-fashion brands are falling in the country; Local luxury fashion platforms face a liquidity crunch Yun-Sang Ko, Jae-Kwang Ahn and Hyun-jin ...
Lotte Chemical Corp. and HD Hyundai Co. are in talks to consolidate their naphtha cracking operations in South Korea’s Daesan petrochemical complex – marking the first significant self-initiated ...
South Korea’s top automaker Hyundai Motor Group plans to require stricter environmental, social and governance compliance from its partners starting next ...
South Korea’s two warship builders – HD Hyundai Heavy Industries Co. and Hanwha Ocean Co., – are set to ride tailwinds in their bids to build US warshipsfollowing two US senators' introduction of new ...
Hanwha Group will significantly increase production capacity at its US shipyard from 1.5 vessels to 10 per year as it aims to transform the facility into a mid-to-large-sized shipbuilder and be the ...
Korea Investment & Securities Co. (KIS), the brokerage unit of Korea Investment Holdings Co., said on Wednesday it hosted its flagship investor relations event, KIS Night in New York 2025, the ...
BEIJING – China will likely lift its ban on Hallyu, or Korean popular culture in the country, as early as May, moving away from its “wolf warrior” stance, which emphasizes aggressive rhetoric toward ...
The Chinese government has warned South Korean companies of retributions for exporting any product containing its critical metals to US military contractors, a move expected to take a toll on the ...
BOK stands pat; rate cut likely within 3 months as economic growth slows Gov. Rhee warns against massive stimulus, estimating a 0.1 percentage point GDP boost from the $8.4 billion extra budget In-Soo ...