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  Korean defense stocks rise on $35bn cooperation with UAE

  South Korean defense-related stocks were trading higher on Friday morning after reports that the governments of Korea and the United Arab Emirates (UAE) agreed to cooperate on projects worth..

• 

  Hanwha Aerospace enters global LNG distribution business for first time

  Hanwha Aerospace Co. said on Friday that it has signed a liquefied natural gas (LNG) purchase agreement with a U.S.-based LNG prod..

• 

  Lee to visit Singapore, Philippines to discuss AI, nuclear power

  South Korean President Lee Jae-myung will pay state visits to Singapore and the Philippines from March 1 to 4, according to a writ..

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  Real spending retreats for first time in five years despite market rally

  Real household consumption in South Korea fell last year for the first time since the COVID-19 shock, even as semiconductor gains ..

• 

  Lotte, Hyundai Duty Free secure spots at Incheon Airport

  Duty free zones at Incheon International Airport previously returned by Shilla and Shinsegae amid disputes over rent with the airp..

• 

  SK hynix, SanDisk launch push to standardize next-gen HBF memory

  SK hynix has teamed up with SanDisk to accelerate the global standardization of high bandwidth flash (HBF), a next-generation memo..

• 

  Gov’t to offer ultra-low interest loan to Samsung’s Pyeongtaek plant

  The South Korean government has selected Samsung Electronics Co.’s Pyeongtaek semiconductor plant in Gyeonggi Province as a ..

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  Kospi surges past 6,300; NPS gains 127 tn won in two months

  South Korea’s National Pension Service has gained more than 127 trillion won ($88.8 billion) in just two months, fueled by a..

• 

  KEPCO achieves record OP in 2025 on higher industrial electricity rates

  South Korea’s state utility Korea Electric Power Corp. (KEPCO) achieved a record-high operating profit last year, driven by ..

Photo News

Biz

• Hyundai Motor expands into car rental business

  South Korean automaker Hyundai Motor Co. is expected to enter the car rental market follow..

• Samsung says AI battleground will center on devices

  Samsung Electronics signaled a strategic pivot in the artifi..

• Hanwha Aerospace enters global LNG distribution business for..

  Hanwha Aerospace Co. said on Friday that it has signed a liq..

• Paris Baguette to cut prices on 11 bakery items after presid..

  Paris Baguette said it will lower prices on bread and cake p..

Bio&Tech

• Celltrion to refile disclosure on new Chungnam plant within ..

  Celltrion said Thursday it will refile a disclosure within s..

• AI job shock hits S. Korea as 5,000 IT roles vanish

  Employment among information technology developers in South ..

• SK hynix, SanDisk launch push to standardize next-gen HBF me..

  SK hynix has teamed up with SanDisk to accelerate the global..

• LG Electronics targets monitor market as TV demand slows

  LG Electronics has established a new organization to maximiz..

Market

• Lotte, Hyundai Duty Free secure spots at Incheon Airport

  Duty free zones at Incheon International Airport previously ..

• Korean defense stocks rise on $35bn cooperation with UAE

  South Korean defense-related stocks were trading higher on F..

• Kospi surges past 6,300; NPS gains 127 tn won in two months

  South Korea’s National Pension Service has gained more than ..

• KDB chairman says HMM sale to follow HQ relocation to Busan

  Park Sang-jin, chairman of Korea Development Bank (KDB), sai..

Economy

• Lee to visit Singapore, Philippines to discuss AI, nuclear p..

  South Korean President Lee Jae-myung will pay state visits t..

• Gov’t launches drive to commercialize Level 4 fully autonomo..

  The South Korean government will push to commercialize Level..

• KEPCO achieves record OP in 2025 on higher industrial electr..

  South Korea’s state utility Korea Electric Power Corp. (KEPC..

• Gov’t to offer ultra-low interest loan to Samsung’s Pyeongta..

  The South Korean government has selected Samsung Electronics..

Seoul

• Seoul private apartment presale price hits record high per p..

  Seoul’s average presale price for private apartments per 3.3..

• Ban Ki-moon named honorary head of Yonsei Institute of Afric..

  Former UN Secretary-General Ban Ki-moon has been appointed h..

• Gov‘t confirms five-year plan to expand medical school intak..

  South Korea has finalized a plan to increase medical school ..

• Korea targets 30mn foreign visitors by 2026 under tourism ov..

  South Korea aims to bring forward its goal of welcoming 30 m..

Opinion

• Gov’t should devise measures to revive domestic demand

  The Bank of Korea (BOK) on Thursday presented a revised econ..

• Korea must tighten reins on bold structural reforms to resto..

  Taiwan has sharply raised its economic growth forecast for t..

• Kosdaq must weed out weak players to boost value

  South Korea’s Financial Services Commission (FSC) announced on Thursday that it will delis..

• Extend big-box retail deregulation to end mandatory closures

  The government and the ruling party have decided to loosen r..

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