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Central bank South Korea Inflation Flat in April, Possibly Paving Way for Policy Easing

South Korea’s headline inflation remained flat in April, possibly paving the way for the central bank to loosen monetary policy further to sup...

Central bank BOK hints at policy rate peak but in no hurry to cut rates

South Korea’s central bank on Thursday hinted its policy rate may have peaked after leaving the rate unchanged for the eighth straight meeting...

Batteries Citibank Korea provides $412 mn to POSCO for Argentine business

Citibank Korea signed on Jan. 25 a financial contract with POSCO Argentina, a subsidiary of South Korea's steel and secondary battery raw material g...

K-pop Genie's overseas sales of music sources surge with K-pop boom

Genie Music Corp., a music content distributor of South Korean telecommunication giant KT Corp., said on Jan. 19 that its overseas sales of music so...

Economy S.Korea posts 2nd current account deficit in 3 months due to flat exports

South Korea in November last year suffered its second current account deficit in three months due to plummeting exports of key items like semiconduc...

Electric vehicles LS Cable abandons round wire to focus on higher-value EV wire

LS Cable & System Ltd. has decided to give up the round wire business to concentrate on higher-value-added products used in electric vehicles (E...

Electronics Samsung Electronics unveils 43-inch gaming monitor Odyssey Neo G7

Samsung Electronics Co. on Tuesday said it will release in Korea the Odyssey Neo G7, its new 43-inch large-screen gaming monitor.The monitor sp...

Foreign exchange Korea FX authorities, NPS agree on currency swap; won flat

South Korea’s foreign exchange authorities and the state-run National Pension Service (NPS) agreed to open a currency swap line for the first ...

Earnings Chips, forex gains shore up Samsung's Q2 earnings

Samsung Electronics Co.’s second-quarter earnings remained steady compared to three months before, with robust memory chip sales for data cent...

Korean stock market Korean value stocks outshine growth names in flat market

Over the past three months, domestic value stock funds in South Korea saw net outflows of 921.4 billion won ($814 million), with the benchmark Kospi...

Korean regulator mulls flat-rate underwriting fees to cool IPO hype

South Korean financial regulators are considering introducing flat-rate underwriting fees for initial public offerings, in a move seen aimed at coolin...