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  Seoul Guarantee Insurance soars over 15% on first day Kospi debut

  Seoul Guarantee Insurance Co., a leading guarantee institution in South Korea, saw its stock price surge over 15 percent on the first day of trading on the country’s main Kospi market ..

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  SK hynix components to be tested in space

  SK hynix Inc.’s DRAM and other domestically-produced components and devices will be launched into space aboard South Korea&r..

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  Kakao founder Kim Beom-su to resign as CA Council co-chair

  Kakao Corp. founder Kim Beom-su will step down as co-chair of the Corporate Alignment (CA) Council, its top decision-making body, ..

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  Meritz abandons MG Non-Life Insurance acquisition

  Meritz Fire & Marine Insurance Co. has dropped its bid to acquire MG Non-Life Insurance Co. due to strong opposition from the ..

• 

  Samsung SDS invests $5.36 mn in Mistral AI

  Samsung SDS made an equity investment in Mistral AI, Europe’s leading independent AI lab,in February 2024 according to repor..

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  Samsung in heated debate over Exynos business unit transfer

  South Korean tech giant Samsung Electronics Co. is engaged in a heated debate over whether to transfer its System-on-Chip (SoC) te..

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  Samsung SDI to raise $1.38 bn for EV battery supercycle

  Samsung SDI announced a 2 trillion won ($1.38 billion) rights offering to strengthen its long-term competitiveness and accelerate ..

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  Kakao faces restrictions on data use in AI agent project

  Kakao Corp.faced data-use challenges with its artificial intelligence (AI) agent, Kanana, which is being developed in partnership ..

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  Homeplus ties up wage agreement without labor disputes

  Homeplus announced on Thursday that it finalized a 2025 wage agreement with its representative labor unions, including the Mart In..

Photo News

Biz

• ENCell nabs MOU with Japan’s Cell Resources for CGT collabor..

  South Korea’s ENCell announced on Friday that it signed a st..

• Former Socar CEO launches tender offer for 170,000 Socar sha..

  Former Socar Inc. Chief Executive Officer Lee Jae-woong, the..

• Samsung SDI to raise $1.38 bn for EV battery supercycle

  Samsung SDI announced a 2 trillion won ($1.38 billion) right..

• Celltrion to retire $140 mn treasury shares

  South Korea’s Celltrion Inc. announced on Friday that it has decided to retire its entire ..

Bio&Tech

• Samsung SDS invests $5.36 mn in Mistral AI

  Samsung SDS made an equity investment in Mistral AI, Europe’s leading independent AI lab,i..

• Kakao faces restrictions on data use in AI agent project

  Kakao Corp.faced data-use challenges with its artificial int..

• Kakao founder Kim Beom-su to resign as CA Council co-chair

  Kakao Corp. founder Kim Beom-su will step down as co-chair o..

• Gangwon, Jeju, and North Gyeongsang most vulnerable to AI jo..

  A recent study unveiled South Korea’s three regions with the..

Market

• Seoul Guarantee Insurance soars over 15% on first day Kospi ..

  Seoul Guarantee Insurance Co., a leading guarantee instituti..

• Hoban acquires LS shares amid Taihan-LS Cable conflict

  Hoban Group has been acquiring shares of LS Corp. amid ongoi..

• NPS considers introducing responsible investment system

  The National Pension Service (NPS) is considering a plan tha..

• Samsung Electronics, SK hynix soar on overnight tech stock g..

  Samsung Electronics Co. and SK hynix Inc. continued their up..

Economy

• Korean banks compete to attract foreign customers

  South Korean banks are competing fiercely to attract foreign customers as the market grows..

• Meritz abandons MG Non-Life Insurance acquisition

  Meritz Fire & Marine Insurance Co. has dropped its bid to acquire MG Non-Life Insurance Co..

• Gov’t to overhaul inheritance tax rules for first time in 75..

  The South Korean government announced a comprehensive reform..

• Gov’t requests tax support for Korean companies in Vietnam

  South Korea’s tax chief met with his Vietnamese counterpart ..

Seoul

• PPP pushes to ease real estate holding tax for multi-homeown..

  South Korea’s ruling People Power Party (PPP) is in discussi..

• Seoul’s Mingles named Michelin three-star restaurant

  Fine-dining Korean restaurant Mingles in Seoul was awarded t..

• Lotte E&C moves to sell Seoul HQ amid liquidity crisis

  Lotte Engineering & Construction Co. (Lotte E&C) is seeking ..

• S. Korea struggles with UAM commercialization with no homegr..

  As urban air mobility (UAM) emerges as a next-generation tra..

Opinion

• Recently-passed commercial law revision ignores corporate st..

  The Democratic Party of Korea (DPK), South Korea’s largest o..

• Homeplus debacle raises controversy over MBK Partners’ moral..

  The fallout from the corporate rehabilitation process of Hom..

• Construction industry must seize crisis as opportunity for r..

  The crisis in the construction industry is becoming a realit..

• Korea hopes gov’t-led LLM will reposition it in AI landscape

  The South Korean government announced plans to mobilize nati..

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