Korea News

NH NongHyup Bank Meets Citigroup to Expand Financial Cooperation as It Cancels ₩164B Farm Debts

NH NongHyup Bank and Citigroup held a senior management meeting in Seoul to discuss current financial market developments and strategies to expand bilateral financial cooperation.

Sep 19, 2026

Stellantis Unveils 9 Concept Cars at Paris 2026 as Korean Tractor Maker TYM Goes Direct in Europe

Stellantis will exhibit 9 concept cars and more than 60 vehicles at the 2026 Paris Motor Show in October, representing the largest exhibition space (5,340 sq m) among all participating manufacturers.

Sep 19, 2026

Foreign Investors Dump 15 Trillion Won of Korean Equities as Seoul Apartments Surge 15%

Foreign investors sold a net 15.3 trillion won of Korean equities over seven trading days, led by Samsung Electronics and SK Hynix

Sep 19, 2026

Toss Bank Hits 30 Trillion Won AUM as Samsung Electronics Seen 41% Below Peer Value

Toss Bank's asset management service 'Mokdon Gulrigi' surpassed 30 trillion won in cumulative linked sales, adding Kiwoom Securities issued notes

Sep 19, 2026

South Korea's Public Sector Deficit Hits Record 83.1 Trillion Won in 2025

Korea's public sector deficit hits record 83.1 trillion won in 2025

Sep 19, 2026

Korea FSS Overhauls Financial Group CEO Succession Rules as BNK Group Leads Reform

Korea's FSS is overhauling CEO succession rules at financial groups, with BNK pre-emptively expanding subsidiary nomination committee powers.

Sep 18, 2026

'Chipflation' Lifts K-Display: Samsung OLED Revenue Up 8.5% as Premium Phone Market Surges

Samsung Display and LG Display OLED revenues surged as 'chipflation' drove smartphone mix toward premium models, hurting Chinese rivals.

Sep 18, 2026

Lotte Rides Chuseok Premium Wave With 360-Hour Aged Beef and 200-Year Soy Sauce Gift Sets

Lotte Department Store's 2026 Chuseok 'Time Premium' gift sets featuring ultra-aged products are seeing strong demand

Sep 18, 2026

Doosan Commits 970 Billion Won to CCL Expansion as AI Semiconductor Demand Surges

Doosan is investing 970 billion won over three years to dramatically expand CCL production capacity, targeting AI accelerator and optical module demand

Sep 18, 2026

Korea Market Digest: Foreign Investors Dump 12 Trillion Won in Chips as Memory Prices Surge

Foreign investors sold nearly 12 trillion won in Samsung Electronics and SK Hynix over six sessions despite bullish ratings from BlackRock and Goldman Sachs

Sep 18, 2026

AI Solves Decades-Old Math Problems as South Korea Channels 1 Trillion KRW Into AI and Clean Energy

AI systems have solved decades-old mathematical problems, with 10,000 relay-style solutions emerging in a breakthrough that blurs the line between AI and scientific research

Sep 18, 2026

Krafton and Nexon Target Korea's First Gaming '5 Trillion Club' as K-Brand Wave Sweeps Asia

Krafton and Nexon are positioned to become the first Korean gaming companies to reach 5 trillion KRW (~$3.6B USD) in annual revenue

Sep 18, 2026

Korean Air and Asiana Launch Free Starlink In-Flight Wifi on Long-Haul Routes

Sep 18, 2026

Korea FTC Probes ₩65B Tablet Bid-Rigging; Shinhan Cuts Cheil Worldwide Target

Sep 18, 2026

US ITC Opens Section 337 Probe Into Samsung, Apple, and Google for Audio Patent Violations

The US ITC launched a formal Section 337 investigation targeting Samsung, Apple, and Google for alleged audio technology patent infringement after BoomCloud 360 complaint

Sep 17, 2026

SK Telecom's December AI Launch Targets Elderly Users with Phone-Based Agentic Services

SK Telecom will launch 'AI for Everyone' (모두의 AI) service in December, targeting digitally disadvantaged users

Sep 17, 2026

Samsung and LG Battle for AI Energy Efficiency Leadership at 2026 Busan Climate Expo

Samsung and LG Electronics debut competing AI-powered energy efficiency solutions at 2026 Climate Industry Expo in Busan

Sep 17, 2026

Korean Consumers Chase Value as Seoul Housing Shifts North and EV Price War Heats Up

Sep 17, 2026

Big Tech Races Ahead on AI Spending Even as OpenAI and Anthropic Sound Safety Alarm

Sep 17, 2026

Korean Mortgage Rates Jump 1% Point in 2026, Adding ₩6.6M Annual Burden per Borrower

Korean major banks' fixed mortgage rate floor rose nearly 1 percentage point in 2026, from 3.93% to 4.89%

Sep 16, 2026

Lotte Card Issues First-Ever Interim Dividend of 38.2 Billion Won Day Before Business Resumption

Lotte Card approved a 38.2 billion won interim cash dividend the day before resuming business operations, its first-ever mid-year dividend

Sep 16, 2026

SK Telecom Proposes Global AI Agent Payment Standard via GSMA RCS as Korea Targets AI Value Chain Dominance

SK Telecom hosted GSMA's global RCS standards meeting in Seoul, proposing a framework for AI agents to initiate transactions with SMS-based user approval

Sep 16, 2026

KB Financial Hosts Record Korea Conference and Issues €650M Green Bond at Lowest Spread in History

KB Securities hosted its 10th annual Korea Conference with 650+ institutional investors, expanding to multi-asset and pre-IPO formats

Sep 16, 2026

Korean SMEs Spend Up to 27.6% of Revenue on Delivery App Fees, Survey Shows Platform Cost Crisis

Korean SMEs on delivery apps spend an average 26.2% of monthly revenue on platform fees, the highest of any channel

Sep 16, 2026

KB Kookmin Bank Launches Mobile Guaranteed Loan Service for Small Business Owners via Bugeum Dream App

KB Kookmin Bank launched a non-face-to-face guaranteed loan service for small businesses through the Bugeum Dream app, integrating Banking-as-a-Service technology

Sep 16, 2026

HanwhaFoodTech Asdal Restaurant 20x Growth Signals Premium K-Food Boom, Fully Booked Through October

HanwhaFoodTech's Asdal restaurant at The Plaza Seoul logged 20-fold visitor growth in five months, fully booked through October 2026 at both lunch and dinner seatings

Sep 15, 2026

BigWave Robotics Sets IPO at 18,000 KRW With 1,109:1 Demand; Eyes $19.5M for Humanoid and RaaS Expansion

BigWave Robotics priced its IPO at 18,000 KRW — the top of its indicative range — after 2,255 institutions participated in book-building with 1,109.37:1 demand

Sep 15, 2026

Kia Leads European Electric Van Market as Korea, China, Japan Battle for PBV Dominance

Kia secures number-one position in the European electric van market ahead of IAA 2026 in Hannover

Sep 15, 2026

Nikkei Drops 0.81% as OpenAI IPO Delay and Fed Hike Fears Weigh on AI Stocks

Nikkei 225 fell 0.81% on September 14 as AI and semiconductor stocks weakened across Tokyo markets

Sep 15, 2026

Korea Pension Fund Disclosure Errors: 302 Reporting Mistakes Over 5 Years Expose Governance Risk

Korean pension savings (연금저축) products had 302 disclosure errors over 5 years from 2022, per FSS data

Sep 15, 2026