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Electronics Now, slim is in – and Samsung aims to be No. 1 with Galaxy S25 Edge

With the advent of mobile AI, the performance arms race among smartphone makers is reaching diminishing returns, as some market analysts put it.The ...

Automobiles Exports of Korea-made used cars to hit record high in 2025

South Korea’s exports of used cars by its homegrown auto brands are expected to hit a historic high this year, thanks to their improved brand ...

Shipping & Shipbuilding HD KSOE secures $1.8 bn in container ship orders

HD Korea Shipbuilding & Offshore Engineering Co. (KSOE) secured orders for 22 container ships worth a total of 2.54 trillion won ($1.8 billion) ...

Energy South Korea nears Czech nuclear deal; Doosan, related stocks fly high

South Korea’s nuclear energy stocks surged this week as momentum builds around a landmark nuclear power project in the Czech Republic, with in...

Economy Korea’s Q1 economic contraction adds to stimulus expectations

South Korea's economy unexpectedly contracted in the first quarter as exports and consumption fell amid a political crisis and fears over the impact...

E-commerce StockX in merger talks with Naver’s online reseller Kream

StockX, the world’s most popular online resale marketplace, is in talks to merge with Kream, a resale unicorn under South Korea’s tech g...

Economy Trump’s tariffs are hitting exports, early Korean data show

The effects of President Trump’s new tariffs are starting to be felt across the world, preliminary South Korean trade data suggest, as Seoul p...

Real estate Ritz-Carlton to return to Seoul, tapped by IGIS Asset for landmark project

IGIS Asset Management Co., South Korea’s leading real estate investment firm, has named The Ritz-Carlton the preferred hotel brand for its amb...

Foreign exchange S.Korea plans $1.2 bn forex bond issue after presidential election

South Korea plans to issue up to $1.2 billion in foreign exchange stabilization bonds as early as June, in what would mark the new administration&rs...

Korean chipmakers SK Hynix bets on 3D HBM as next game-changer in AI chip race

SK Hynix Inc., the world’s top DRAM memory chipmaker, aims to redefine the competitive landscape in artificial intelligence memory chips with ...

Central bank BOK stands pat; rate cut likely within 3 months as economic growth slows

The Bank of Korea (BOK) left its benchmark interest rate unchanged at 2.75% on Thursday, with Governor Rhee Chang-yong warning that a surge in globa...

Asset management South Korea’s young rich vs old rich: Coins, art outpace bonds, funds

Young South Korean millionaires, placing bold wagers on unconventional financial assets such as cryptocurrencies and art, are gaining ground fast, g...

Shareholder activism US PE firm Miri Capital ups stake in Korea’s STIC Investments

US private equity firm Miri Capital Management LLC said on Tuesday it has raised its stake in STIC Investments Inc. to step up its shareholder activ...

E-commerce Naver mulls acquiring about a 10% stake in Kurly

Naver Corp. is considering taking over a stake in Kurly Inc. to become the largest shareholder in the South Korean dawn delivery service market pion...

Private equity Glenwood PE to increase blind fund to $1 bn on pension funds’ interest

South Korea’s Glenwood Private Equity Co. is set to increase a blind fund to 1.5 trillion won ($1 billion) as pension funds at home and abroad...

Travel & Leisure S.Korea’s foreigners-only casinos bask in return of Chinese high rollers

South Korea’s foreigners-only casinos are witnessing a significant rise in their sales revenue with the return of high rollers from China and ...

Korean chipmakers SK Hynix beats Samsung to become global No.1 DRAM maker

SK Hynix Inc. has snatched the crown from Samsung Electronics Co. to become the world’s largest memory chip supplier for the first time since ...

Aerospace & Defense Hanwha Aerospace slashes planned rights offering size to $1.6 billion

Hanwha Aerospace Co., a leading South Korean defense company, said on Tuesday it plans to slash the size of its proposed rights offering to 2.3 tril...

Earnings Samsung’s Q1 profit beats expectations; Q2 outlook murky on tariff war

Samsung Electronics Co., the world’s largest memory chipmaker, posted stronger-than-expected first-quarter operating profit on Tuesday, booste...

Korean stock market South Korean stocks, currency dive amid deeper US tariff turmoil

The South Korean stock market logged its biggest daily loss of more than 5% in eight months on Monday, joining its Asian peers bruised by panic sell...

Entertainment Kakao Entertainment sheds loss-making units, revives IPO prospects

Kakao Entertainment Corp. has been divesting unprofitable music labels and digital content platforms, which it has gobbled up over the past few year...

Shipping & Shipbuilding HD Hyundai on course for $1.55 bn order amid US-China trade war

HD Hyundai Co., the world’s largest shipbuilding group, is emerging as a key beneficiary of the Trump administration’s tariff policies a...

Aerospace & Defense Hanwha Aerospace, General Atomics to build unmanned aerial vehicles

Hanwha Aerospace Co., a leading South Korean defense company, has joined forces with US-based General Atomics Aeronautical Systems Inc. (GA-ASI) to ...

League table UBS tops Korea’s buyout deal advisory in Q1 thanks to Lotte

UBS Group AG, the frontrunner in South Korea's M&A market last year, retained the top position in the country's buyout advisory market in the fi...

Automobiles Hyundai Motor launches global talent recruitment program

South Korea’s top automaker Hyundai Motor Co. has launched a global talent recruitment program, beginning April 1 via its official hiring webs...

Mergers & Acquisitions Hahn & Co. acquires SK Specialty for $1.8 billion

Hahn & Co., South Korea’s largest private equity firm, has finalized the acquisition of SK Specialty Co., the world’s leading produc...

E-commerce Luxury fashion platform Balaan files for court receivership amid slump

South Korea’s top luxury goods e-commerce platform Balaan Co. said on Monday it has filed for corporate rehabilitation with a Seoul court as t...

Entertainment SM Entertainment acquires additional 11.4% stake in DearU for $9.2 mn

SM Entertainment Co., South Korea’s music powerhouse behind internationally popular boy and girl bands like EXO and aespa, has acquired an add...

Retail Koreans’ craving for luxury goods fades

Until recently, it was not unusual to see people waiting in a long line in front of foreign haute couture brands’ stores early in the morning ...

Pension funds Global assets drive Korean teachers' fund to 11.1% return in 2024

The Korean Teachers’ Credit Union (KTCU) achieved an 11.1% return on investments in 2024, with overseas portfolios in stocks, infrastructure a...