gold rush

Commodities FOMO-driven gold rush lifts kimchi premium on gold to highest level

With South Korean retail investors joining the global gold rush in ‘fear of missing out’, or FOMO, the country’s gold price has ...

Corporate bonds Korea Inc. rushes to booming local corporate bond market

South Korean companies are rushing to raise money in the local corporate bond market, which is unusually buoyant at year's end amid expectations of ...

Korean stock market S.Korean retail investors rush to buy Indian stocks on dips

South Korea's mom-and-pop investors have upped their stake in Indian stocks, hoping that Donald Trump's return to the White House will boost the Sou...

Markets Indian stock market gears up for leap: NSE CEO  

India’s stock market is gearing up for a leap thanks to an influx of retail investors seeking better returns and the lower barriers for small ...

ESG SK Enmove gets gold rating of EcoVadis ESG evaluation

South Korea’s lube oil maker SK Enmove Co., Korea’s top oil refiner SK Innovation Co.'s subsidiary, said on Thursday it received a Gold ...

Entertainment Korean IT giants drop fandom platforms, help HYBE dominate

South Korean game developer Neowiz has sold its fan engagement platform unit, joining the moves by local IT giants such as Naver Corp. to pull out o...

Debt financing Korean firms rush to sell bonds with yields at over 2-yr low

South Korea’s corporate bond markets are having an unusually busy summer as companies are rushing to sell debts to lock in lower interest cost...

Korean stock market Korean IPO boom sets record; bubbles burst post debut

South Korea’s initial public offerings in the first half of this year were oversubscribed 1,610 times, the highest-ever rate for a half-year p...

Korean food Korean food firms chase sizzling K-food demand with expansion

South Korean food companies are scrambling to ramp up factory output at home and abroad to meet the insatiable appetite for Korean flavors and aroma...

Corporate bonds Korea’s non-financial firms rush to issue perpetual bonds

Perpetual bond offerings by non-financial firms in South Korea are poised to hit new records this year as many companies have flocked to the hybrid ...

Korean stock market Block deals of Korean stocks surge ahead of tighter regulation

Block trades of South Korean listed shares have surged by six times so far this year from the same period in 2023, according to the Financial Superv...

Travel & Leisure Aman, Rosewood, Banyan, IHG rush to open luxury hotels in Seoul

Renowned global hospitality companies, including Aman, Rosewood and IHG Group, are rushing to South Korea to launch new five-star luxury hotels in...

Korean startups South Korean drone startups rush to join military drone race

South Korean drone-developing startups are rushing to join the race to develop military drones to meet growing demand for drones fit for combat oper...

Korean startups Big Tech engineers rush to Korea’s AI chip startups as potential looms

Big Tech engineers are flocking to South Korea’s promising startups specializing in artificial intelligence chips, a fast-growing sector in th...

Central bank South Korea, odd one out in new global gold rush

South Korea has remained muted to a new gold rush fueled by various central banks across the world gobbling up the precious metal, raising concerns ...

Electronics Samsung, LG Electronics sweep honors at iF Design Awards 2024

Samsung Electronics Co. and LG Electronics Inc. have taken home the most trophies among nominees at iF Design Awards 2024, setting a benchmark in de...

Central bank South Korean central bank not to increase gold reserves

South Korea’s central bank does not plan to buy more gold for its foreign exchange reserves, although the monetary authority has not purchased...

Food & Beverage Spicy food craze sweeps South Korea

South Korea, famous for the spicy kick in its cuisine, is going the extra mile to turn the nation red hot with extremely spicy food, believed by Kor...

Travel & Leisure K-food behind Japanese travelers' rush to S.Korea

South Korea is actively promoting itself as a foodies’ heaven to invite more Japanese tourists who have already contributed the most to the co...

Fashion Fans of Supreme rush into the label's 1st Korean store

The US street fashion brand “Supreme,” which has a global fandom with a brand name written in white in a red box, opened its first store...

Artificial intelligence S.Korean companies rushing to launch exotic AI-based services

Lowered barriers in South Korea to the introduction of artificial intelligence (AI) have fueled the growing popularity of unique AI services. The em...

Cloud computing Naver supports startups using HyperCLOVA X

Naver Cloud, the cloud computing arm of Naver Corp., announced that it conducts the project "Naver AI Rush 2023" from Friday until the end of the ...

Batteries LG, Samsung showcase new battery packs at InterBattery Europe 2023

MUNICH – South Korea’s two leading battery makers – LG Energy Solution Ltd. and Samsung SDI Co. – on Wednesday unveiled low-...

ESG HMM receives Gold rating in EcoVadis ESG evaluation

HMM Co., formerly known as Hyundai Merchant Marine, announced on Thursday that it has received the "Gold" rating for environmental, social and gover...

Advertising & Marketing Korea's Innocean wins eight awards at Spikes Asia advertising festival

South Korea-based global marketing communications company Innocean said on Thursday that it received eight awards at the 2023 Spikes Asia, a prestig...

Retail S.Korean fashion brands rush to China for pent-up demand

South Korean fashion brands are poised to expand their stores in China, aiming to capture pent-up demand in the world’s top consumer market af...

ESG LG Elec honored with BPW Gold Award for advancing gender equality

LG Electronics Inc. announced on Sunday that it has been honored with the 28th BPW Gold Award from the Korea Federation of Business & Profession...

Steel Hyundai Steel's sustainability report wins gold prize in US

South Korea's steelmaker Hyundai Steel announced Sunday that its integrated report 2022 Beyond Steel has been recognized for its excellence by a wor...

Artificial intelligence S.Korean IT firms rush for tie-ups to compete with ChatGPT

South Korean tech companies are rushing to form partnerships in different sectors to develop superior AI services to compete with ChatGPT, a chatbot...

Real estate More S.Koreans buy, sell homes online without realtors

South Korea’s top online flea market Danggeun Market and other platforms are growing more popular for property deals as home sellers look for ...