Korea, Republic of

Scope: Korea, Republic of · past 48 hours
49 storiesPast 48 hours
Korea, Republic of
business economy4 h ago

Kosdaq nears post-martial law low, down nearly half from April peak

South Korea's Kosdaq index has fallen significantly since April. It has lost almost half its value and is approaching a post-martial law low.

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Korea, Republic of
business economy5 h ago

Samsung Fire seeks to increase stake in Canopius for $2.2 billion

Samsung Fire & Marine Insurance is pursuing an increased stake in British insurer Canopius. The deal, valued at $2.2 billion, involves acquiring an additional 60 percent of the company.

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Korea, Republic of
business economy7 h ago

Atlas Copco expands production in South Korea and USA

Atlas Copco Gas and Process is expanding its production facilities. The company is increasing capacity in both South Korea and the United States.

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Korea, Republic of
business economy8 h ago

Seoul Stocks Decline Amid Investor Uncertainty Over AI Sector

Seoul stocks closed lower as investors processed information amid uncertainties in the AI sector. The market showed a downward trend.

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Korea, Republic of
business economy8 h ago

Evernorth executive calls for tokenized assets to be actively traded

Tokenized assets must be actively traded, used as collateral, and generate returns to transform financial markets. This is according to an Evernorth executive.

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Korea, Republic of
business economy8 h ago

AI agents to reshape global finance, expert predicts

Artificial intelligence agents will increasingly manage assets and execute financial decisions, reshaping the global financial system. Don Tapscott predicted this at the World Digital Assets Forum 2026.

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Korea, Republic of
business economy8 h ago

Lawmakers call for clearer crypto rules and tax reforms

South Korean lawmakers advocate for clearer rules for digital asset businesses and clearer tax policies for investors. A proposed Digital Asset Basic Act aims to provide a foundation.

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Korea, Republic of
business economy8 h ago

Samsung hosts Hyundai Motor executives to deepen cooperation

Samsung Electronics is holding a gathering of Hyundai Motor Group executives to strengthen ties. Cooperation will focus on automotive chips, batteries, and robotics.

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Korea, Republic of
business economy8 h ago

World Digital Assets Forum 2026 held in Seoul

The inaugural World Digital Assets Forum 2026 drew 1,000 participants to Seoul on Monday. Global financial leaders discussed the evolving financial landscape.

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Korea, Republic of
business economy8 h ago

South Korea Poised to Lead Digital Finance Hub

Herald Media Group CEO Choi Jin-young stated South Korea is positioned to become a global hub for digital finance. Blockchain and digital assets are reshaping the financial system.

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Korea, Republic of
business economy9 h ago

South Korean won rises against dollar amid market activity

The South Korean won strengthened against the U.S. dollar. This movement occurred alongside dollar sales and a positive risk-taking sentiment.

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Korea, Republic of
business economy9 h ago

Korean mothers' time off depends on employer flexibility

Time off for mothers in Korea depends on workplace flexibility. One employee noted easier annual leave juggling work and childcare.

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Korea, Republic of
business economy10 h ago

Stocks Extend Losing Streak to Third Session on AI Uncertainties

The stock market extended its losing streak to a third consecutive session. This decline is attributed to ongoing uncertainties within the AI sector.

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Korea, Republic of
business economy10 h ago

Global Ramyeon Craze Boosts South Korean Factory Towns

A surge in global demand for Korean instant noodles, or ramyeon, has led to increased exports and economic benefits for factory towns. Ramyeon exports reached $1.41 billion from January through September, a 25.5 percent increase.

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Korea, Republic of
business economy11 h ago

Kim Dong-seon commits W27b to Hanwha share buyback

Kim Dong-seon is launching a second tender offer for company shares worth approximately 27 billion won. This decision follows a stock price decline and aims to protect minority shareholders.

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Korea, Republic of
business economy11 h ago

South Korea's FTC to fine Baemin and Coupang for unfair practices

South Korea's antitrust regulator plans to fine Baemin 331 billion won and Coupang 300 billion won. The fines are for engaging in unfair business practices.

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Korea, Republic of
business economy11 h ago

South Korea ships sweet persimmons to China after 17-year trade talks

South Korea has shipped its first batch of sweet persimmons to China. This marks a development following 17 years of trade negotiations.

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Korea, Republic of
business economy11 h ago

Korean food exporters sign $15 million in deals at Melbourne fair

South Korean food exporters secured preliminary agreements totaling $15 million at a Melbourne trade fair. This event was the first K-Food Fair held in Oceania.

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Korea, Republic of
business economy11 h ago

South Korean antitrust fines issued to Coupang and Woowa Brothers

South Korean e-commerce companies Coupang and Woowa Brothers have been fined for antitrust violations. The fines are reportedly substantial.

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Korea, Republic of
business economy11 h ago

South Korea fines Coupang $220 million for market dominance abuse

South Korea has fined Coupang $220 million for abusing its dominant position in the food delivery market. The penalty addresses concerns over fair competition.

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Korea, Republic of
business economy12 h ago

Hyundai's HTWO, Air Liquide to expand China hydrogen mobility

Hyundai Motor Group's hydrogen business, HTWO, has partnered with Air Liquide. The collaboration is focused on expanding hydrogen mobility opportunities in China.

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Korea, Republic of
business economy12 h ago

Musinsa to open 100th store; cumulative visits exceed 100 million

South Korean fashion retailer Musinsa will open its 100th store on Wednesday, five years after launching its first physical location in 2021. The retailer has reached over 100 million cumulative visits.

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Korea, Republic of
business economy12 h ago

Hana Bank Opens Community Hub for Foreign Residents in Gwangju

Hana Bank opened a community hub for foreign residents in Gwangju. The facility offers financial services, medical care, and educational programs.

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Korea, Republic of
business economy12 h ago

Olive Young Plans Five New Stores in California by 2027

CJ Olive Young will open five new stores in California by the first half of 2027. This expansion will bring the total number of US stores to seven.

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Korea, Republic of
business economy13 h ago

South Korea requires full review for $10 billion US nuclear project

South Korea has stated that a $10 billion US nuclear project remittance requires a comprehensive feasibility review. The scale of the project necessitates thorough assessment.

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Korea, Republic of
business economy13 h ago

KITA's Manhattan Tower Undergoes $200 Million Renovation

The Korea International Trade Association is investing $200 million to renovate its Manhattan building, the Hahn Kook Center. The 22-story tower, acquired over 50 years ago, will be modernized.

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Korea, Republic of
business economy14 h ago

Seoul stocks rise as semiconductor sector rebounds

Seoul stocks reversed earlier trends to trade higher Monday morning. The upward movement is attributed to a rebound in the semiconductor market.

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Korea, Republic of
business economy14 h ago

SK hynix plans U.S. workforce expansion

South Korean chipmaker SK hynix Inc. is planning to expand its workforce in the United States. This move aims to strengthen relationships with key clients.

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Korea, Republic of
business economy14 h ago

HD Hyundai Heavy Industries wins 662.9 billion-won order for two LNG carriers

HD Hyundai Heavy Industries announced it has secured an order worth 662.9 billion won. The contract is for the construction of two LNG carriers.

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Korea, Republic of
business economy15 h ago

CJ Olive Young plans to operate seven U.S. stores by mid-2027

CJ Olive Young Corp., a South Korean company, intends to operate seven stores in the United States by the first half of 2027. This expansion marks a significant move for the company.

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