Korea News
LS Electric CEO Calls Intelligent DC Power Grid the Solution to AI Data Center Energy Surge at Global Conference
LS Electric Chairman Koo Ja-kyun presented DC-based intelligent power distribution as the definitive solution for AI data center energy demand at the inaugural Asia-Pacific CIRED workshop in Seoul
Nov 3, 2026
๐ฐ๐ท South KoreaSouth Korea's Banks Hit 8.5-Year NPL High as North Korea Linked Hackers Rob $6bn from Binance and TMap Nears Sale
South Korea's five major banks saw non-performing loans reach 7.6 trillion won โ the worst level in 8.5 years โ as high interest rates and weak domestic demand strain corporate and household credit
Nov 3, 2026
๐ฐ๐ท South KoreaPOSCO Future M Q3 Profit Jumps 23.2% to KRW 82.1B as Cathode Materials Recovery Gains Momentum
POSCO Future M posted Q3 2026 operating profit of KRW 82.1 billion, +23.2% YoY, as cathode material sales recovered despite a revenue decline.
Nov 2, 2026
๐ฐ๐ท South KoreaKorean Apple Prices Fall 20% While Tangerines Surge 16%, Complicating BoK Inflation Picture
South Korean apple prices fell 20% year-on-year in November 2026 while tangerines surged 16%, presenting a bifurcated food inflation picture for BoK policy.
Nov 2, 2026
๐ฐ๐ท South KoreaKorea Future Response Fund Faces Revenue Cliff as Surplus Tax Runs Out by 2029
Korea's National Assembly Budget Office projects the Future Response Fund's surplus tax revenue will hit zero from 2029, down from โฉ158.5 trillion in 2027
Nov 2, 2026
๐ฐ๐ท South KoreaSamsung Chief Inspects Japan Packaging Lab as ยฅ40B AI-Chip R&D Investment Advances
Samsung Electronics Chairman Lee Jae-yong personally visited the Advanced Package Lab (APL) in Yokohama just two months after its September 2026 launch
Nov 2, 2026
๐ฐ๐ท South KoreaKorean Apparel Maker Hansae Triples Vietnam Output Using AI Automated Sewing Machines
Korean apparel manufacturer Hansae deployed AI-powered sewing machines in Vietnam, tripling output from 77 to 243 units per hour.
Nov 2, 2026
๐ฐ๐ท South KoreaSouth Korea Big Five Banks' Non-Performing Loans Hit 8.5-Year High at โฉ7.6 Trillion
South Korea's five major banks reported โฉ7.6 trillion in non-performing loans at end-September, the highest since March 2018.
Nov 2, 2026
๐ฐ๐ท South KoreaBinance Resumes Withdrawals After Record $6 Billion Hack Attributed to North Korea's TraderTraitor
Binance is resuming withdrawals after recovering 95% of assets from a $6 billion hack attributed by the FBI to North Korea.
Nov 2, 2026
๐ฐ๐ท South KoreaSouth Korea's Big Five Banks Hit 9.5-Year High Delinquency as Rates Strain Households
South Korea's five major banks averaged 0.42% loan delinquency in Q3 2026, the highest since Q1 2017, as SME delinquency climbed to 0.60% for a third consecutive quarterly rise.
Nov 1, 2026
๐ฐ๐ท South KoreaSeoul's Eunma Apartment Jeonse Prices Tumble 300M Won in Three Months Before Redevelopment
Jeonse deposits at Seoul's Eunma apartment complex fell by 300 million won over three months ahead of the complex's planned redevelopment relocation
Nov 1, 2026
๐ฐ๐ท South KoreaSeoul's GTX Express Rail Set to Reverse Suburban Property Value Rankings Across Metro Area
South Korea's GTX metropolitan express rail network is expected to dramatically reshape real estate valuations across the greater Seoul area
Nov 1, 2026
๐ฐ๐ท South KoreaKB Kookmin Bank Arranges Korea's First GPU Financing Deal at 12.6T Won Scale
KB Kookmin Bank secured lead arranger status on Korea's first GPU financing deal worth 12.6 trillion won (~$9B)
Nov 1, 2026
๐ฐ๐ท South KoreaKorea Mandates Retirement Pension Externalization to Fix 800B Won Wage Arrears Crisis
South Korea will require all businesses to hold retirement pensions externally by 2030, targeting 800B won in unpaid wages
Nov 1, 2026
๐ฐ๐ท South KoreaSK Group Overhauls Leadership as SK Innovation Posts Record 3.7 Trillion KRW Quarterly Profit
SK Innovation reported record 3.7 trillion KRW operating profit in Q3 2026, driven by refining as Middle East supply disruptions boosted fuel margins. The battery division swung back to a loss.
Oct 31, 2026
๐ฐ๐ท South KoreaWorld's Largest Crypto Exchange Loses $6 Billion in 20-Minute Hack
The world's largest crypto exchange suffered an $6 billion (8.4 trillion KRW) theft in approximately 20 minutes, marking one of the largest exchange hacks on record.
Oct 31, 2026
๐ฐ๐ท South KoreaSamsung's 50-Year Semiconductor Bet Delivers KRW 100 Trillion Profit Under Lee Jae-yong's Leadership
Samsung Electronics achieved a KRW 100 trillion operating profit milestone, driven by three generations of semiconductor investment.
Oct 31, 2026
๐ฐ๐ท South KoreaNasdaq Drops 2.86%, Dow Falls 1.09% on Tech Selloff; Germany October CPI Eases to 2.8%
The Nasdaq fell 747 points (2.86%) to 25,437 and the Dow Jones dropped 572 points (1.09%) as AI-related stocks led selling.
Oct 31, 2026
๐ฐ๐ท South KoreaChong Kun Dang Q3 Profit Rises 15% on Ozempic and Eylea Sales as Korea Budget Gap Widens
Korean pharma Chong Kun Dang posted Q3 operating profit up 15% year-on-year on obesity drug and eye therapy sales
Oct 31, 2026
๐ฐ๐ท South KoreaDongkuk Steel Q3 Operating Profit Rises 22% as AI Data Centre Steel Demand Expands
Dongkuk Steel posted Q3 operating profit of KRW 29.9 billion, up 22% year-on-year
Oct 31, 2026
๐ฐ๐ท South KoreaSamsung Electronics Announces 30 Trillion Won Quarterly Dividend but Stock Drops 4% on Weak Guidance
Samsung Electronics announced a quarterly dividend of approximately 30 trillion won, but the market reacted negatively as the figure fell short of elevated investor expectations.
Oct 31, 2026
๐ฐ๐ท South KoreaSamsung Display Marks 14th Anniversary with Differentiation Push as Korea's EcoPro Promotes 14 Executives
Samsung Display CEO stressed differentiation technology as the only path to competitiveness on the company's 14th founding anniversary.
Oct 31, 2026
๐ฐ๐ท South KoreaPolymarket Hit by $2.6 Million Hack via Third-Party Tool; Decentralized Prediction Markets Under Fire
Polymarket, the decentralized prediction market platform, suffered a $2.6 million hack through a compromised third-party tool integrated into its protocol.
Oct 31, 2026
๐ฐ๐ท South KoreaSouth Korean Fund Market Shrinks 5% in Q3 as Equity Volatility Triggers Retail Redemptions
South Korea's fund market contracted by approximately 5% in Q3 2026 as equity market volatility triggered a wave of retail investor redemptions.
Oct 31, 2026
๐ฐ๐ท South KoreaIntel Stock Crashes 20% as Q3 PC Weakness Overshadows AI Gains; SK Hynix Buyback Supports KOSPI
Intel Q3 2026 revenue rose 21% year-over-year to $16.51 billion, matching estimates, but net income fell 18.2% to $3.32 billion on U.S. government investment impacts.
Oct 30, 2026
๐ฐ๐ท South KoreaMicrosoft Beats on Cash Flow as Alphabet Disappoints; AI Capex Returns Diverge in Cloud Earnings
Microsoft and Alphabet both reported record revenues, but their cash flow profiles diverged sharply: Microsoft retained approximately โฉ25T (~$19B) after AI capex while Alphabet spent โฉ12T (~$9B) more than it earned.
Oct 30, 2026
๐ฐ๐ท South KoreaUS Q3 GDP Grows 3.4% Annualized, Sustaining Fed Rate Pressure as Korea Bolsters Agri-SMEs
US GDP grew at a 3.4% annualized rate in Q3 2026, beating expectations with 0.8% quarter-on-quarter real growth
Oct 30, 2026
๐ฐ๐ท South KoreaSK Hynix Announces 100 Trillion Won Shareholder Return as KOSPI Reclaims 6,000 Level
SK Hynix announced ~100 trillion won in 2026 shareholder returns including 30T+ dividends and 60T+ buybacks, driving the KOSPI above 6,000 for the first time in 10 sessions
Oct 30, 2026
๐ฐ๐ท South KoreaSamsung Confirms 1.4nm Foundry Discussions With Multiple Customers as BOK Sets 2027 Rate Calendar
Samsung Electronics confirmed 1.4nm foundry process customer discussions with some test chip development confirmed, while expanding 2nm into AI/HPC segments alongside Bank of Korea's 2027 rate calendar release
Oct 30, 2026
๐ฐ๐ท South KoreaSeoul Offers Free Office Space for Game Developers as Government Plans 76,700 New Homes via Greenbelt Release
Seoul City and SBA are offering free rent and management costs for game developers with teams of five or fewer at the Seoul Game Content Center.
Oct 30, 2026