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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...

Business & Politics Samsung's Lee meets with Xi amid Beijing’s balancing act vs Washington

Samsung Electronics Co. Chairman Lee Jae-yong, along with other global tech leaders, met with Chinese President Xi Jinping in Beijing on Friday as C...

Steel Dongkuk to file anti-dumping petition vs Chinese color steel imports

Dongkuk Coated Metal Co. and SeAh Steel Corp. are set to file an anti-dumping complaint against Chinese rivals in March as the country plans to impo...

Electronics Seoul Semiconductor wins patent lawsuit vs Signify

Seoul Semiconductor Co., the world’s No. 3 light emitting diode (LED) display maker, said on Thursday it has won a patent litigation case agai...

Paper Korean paper makers to file anti-dumping complaint vs Japanese rivals

South Korean corrugated cardboard sheet makers such as Asia Paper Manufacturing Co. have decided to file an anti-dumping complaint against Japanese ...

Mergers & Acquisitions Korea Zinc, Bain Capital offer $2.4 bn share buyback vs MBK

Korea Zinc Inc. said on Wednesday it will buy back shares for 3.1 trillion won ($2.4 billion) with the backing of Bain Capital to counter MBK Partne...

Bio & Pharma Celltrion chairman announces venture into CDMO market

South Korea’s biosimilar maker Celltrion Inc. will venture into the contract development and manufacturing organization (CDMO) market, the com...

Electronics LG Electronics to boost mass market presence vs Chinese peers

BERLIN – LG Electronics Inc., the world's largest home appliances maker, will adjust its premium-oriented strategy to expand its mass market p...

Foreign exchange Won to soften past 1,400, BOK rate cut likely in Oct: poll

The Korean won is forecast to continue its downward spiral and soften past the 1,400 threshold against the greenback this year, while the Bank of Ko...

Shipping & Shipbuilding Hyundai, Hanwha in uphill battle vs Japan for A$11 billion frigate deal

South Korea’s two warship builders are striving to win an A$11 billion (US$7.3 billion) deal from Australia to build 11 advanced frigates &nda...

K-pop HYBE conflict vs NewJeans label set to escalate into legal battle

HYBE Co., the company behind boy band BTS, has reported Min Hee-jin, the chief of popular girl group NewJeans’ label ADOR, to police for inves...

Foreign exchange Won at 17-month low vs dollar on reduced US rate cut bets

The Korean won weakened to its lowest level in 17 months against the dollar on Thursday, after stronger-than-expected US inflation data dented hopes...

Korean chipmakers Samsung gains upper hand vs Netlist in $303 million patent dispute

Samsung Electronics Co. has taken the upper hand in its ongoing legal battle against Netlist Inc. over memory chip module patent infringement allega...

Economy S.Korea’s travel deficit widens to 1-year high in January

South Korea’s travel account deficit reached its highest level in one year in January as a greater number of Koreans spent their winter break ...

Shipping & Shipbuilding Hanwha seeks further legal action vs HD Hyundai amid Navy project rivalry

Hanwha Ocean Co., the world’s second-largest shipbuilder, is seeking new legal action against HD Hyundai Heavy Industries Co. over the bigger ...

Steel Korean steelmakers mull anti-dumping suit vs Chinese, Japanese firms

Under growing pressure from increased imports of cheap Chinese and Japanese steel products, South Korean steelmakers are considering filing an anti-...

Economy S.Korea’s November travel account deficit doubles vs October

South Korea’s travel account deficit doubled to $1.28 billion in November 2023 compared to the previous month, narrowing the current account s...

Foreign exchange Yen deposits at Korean banks surge to record $9.9 bn

Yen deposits at South Korean banks grew by the largest-ever monthly amount in November to a record $9.92 billion, central bank data show, as investo...

Electronics ITC launches probe into Samsung’s suit vs China’s BOE over OLED

The US International Trade Commission (ITC) has decided to launch an investigation into a complaint filed by South Korea’s Samsung Display Co....

The KED View WeWork vs Starbucks as workspace in South Korea

In 2019, WeWork’s business model underwent a reality check.Its application for an initial public offering the same year was met with investor ...

Foreign exchange Won strengthens past 1,300 mark vs dollar on short-sale ban

The South Korean won continued its bull run on Monday, strengthening past the psychologically important barrier of 1,300 level against the dollar fo...

Foreign exchange Yen hits 15-year low vs Korean won on less hawkish BOJ

The yen on Friday plunged to the weakest level in more than 15 years against the South Korean won as the Japanese central bank’s recent change...

Automobiles Korean cars' gap vs. Japanese to narrow in UAE under CEPA

South Korean carmakers are expected to rapidly catch up to their Japanese rivals in the United Arab Emirates (UAE) after their home country and the ...

Electronics Samsung’s connectivity vs. LG’s sustainability at IFA 2023

BERLIN – South Korea’s household names in home electronics are set to show off their high-tech home electronics boasting upgraded connec...

Foreign exchange Koreans' Japanese yen savings hit record high in July

South Korean investors continued gobbling up the Japanese currency, which has remained weak against the Korean currency after retreating from a one-...

Foreign exchange Yen breaches key level vs Korean won to hit 8-year low

The Japanese yen on Monday extended losses against the South Korean won to touch an eight-year low, briefly breaching a psychological support line a...

Shipping & Shipbuilding Glonet: A case of Korea's logistics David vs Japan’s shipping Goliath

TOKYO – Glonet Co. is a novice logistics company hardly known in Japan’s time-honored shipping industry.The small South Korean shipping ...

Content platforms A Goliath vs. Davids battle in the S.Korean OTT market

Netflix Inc. is poised to further distance itself from its money-losing local peers in the South Korean video streaming market this year, as it make...

The KED View Korean won needs economic fundamentals recovery for rebound

The South Korean won is underperforming most other currencies as Asia’s fourth-largest economy is gradually losing steam for long-term growth....

Automobiles Another war in Russia: Hyundai, Kia versus Chinese carmakers

In Russia, which is in a state of war against Ukraine, there’s another war going on. This time, the war is between South Korea’s two lar...