Korea News
SK Hynix Posts Record Q3 Profit as Revenue Crosses 100 Trillion Won for First Time on AI Demand
SK Hynix Q3 2026 revenue surged 327.9% year-on-year to 104.62 trillion won ($78.86B), the first time quarterly sales crossed 100 trillion won
Oct 28, 2026
๐บ๐ธ United StatesShinhan Financial Approves KRW 450 Billion Buyback Despite Q3 Net Income Decline
Shinhan Financial Group approved a KRW 450 billion (approx. $340 million) treasury share buyback of approximately 5.26 million common shares
Oct 28, 2026
๐ฐ๐ท South KoreaSamsung Hit With โฉ201B Antitrust Fine; Hyundai Engineering Signs SMR Nuclear Deals With US Firms
Korea's FTC imposed a โฉ201.1 billion fine on Samsung Electronics for misleading Galaxy S21/S22 performance advertising
Oct 28, 2026
๐ฐ๐ท South KoreaMirae Asset Chairman Previews Japan Securities Acquisition Ahead of October 29 Board Announcement
Mirae Asset Group will hold a board meeting on October 29 to formally announce a Japanese securities firm acquisition
Oct 28, 2026
๐ฐ๐ท South KoreaNaver Seals US$9 Billion AI Infrastructure Deal with Brookfield, Meets NVIDIA Strategic Investment Terms
Naver Corp has signed a US$9 billion AI computing infrastructure partnership with Brookfield Asset Management
Oct 28, 2026
๐ฐ๐ท South KoreaShinhan Securities Q3 Profit Crashes 77% Quarter-on-Quarter to 65.3 Billion Won on Brokerage Slowdown
Shinhan Securities Q3 net profit fell 77.4% quarter-on-quarter to 65.3 billion won, hit by weaker securities trading volumes
Oct 28, 2026
๐บ๐ธ United StatesSK Hynix Considers $12 Billion Special Dividend as Stock Surge Creates Capital Return Opportunity
SK Hynix, the Korean memory chipmaker and leading HBM (High Bandwidth Memory) supplier for AI accelerators, is reportedly considering a $12 billion special dividend amid a significant stock price surge.
Oct 28, 2026
๐ฐ๐ท South KoreaHD Hyundai Energy Solution Earnings Shock Triggers Two-Day Selloff as Marine Unit Draws Buy Rating
HD Hyundai Energy Solution shares fell over 10% for a second consecutive day after Q3 operating profit of KRW 20.4 billion missed the consensus estimate of KRW 34.9 billion by 41%.
Oct 27, 2026
๐บ๐ธ United StatesKOSPI Surges Over 4% as SIDECAR Circuit Breaker Mechanism Activates
South Korea's KOSPI index surged over 4% in a single session, triggering the SIDECAR mechanism.
Oct 27, 2026
๐ฐ๐ท South KoreaKorean Doctors' Average Income Surges 52.9% in Seven Years to Exceed 400 Million Won Annually
Average annual business income of Korean doctor-sole-proprietors reached over 400 million won by 2024, up 52.9% in seven years.
Oct 27, 2026
๐ฐ๐ท South KoreaBank of Korea survey shows Q4 lending conditions tightening as banks brace for external risks and credit quality decline
Bank of Korea's Q4 2026 lending attitude survey shows the composite index at -11, easing from Q3's -20 but extending a seven-quarter tightening trend
Oct 27, 2026
๐ฐ๐ท South KoreaJYP Entertainment stock jumps 14% after-market on hostile takeover bid claim, company denies receiving any offer
JYP Entertainment shares surged 14.38% in Korea Exchange after-market trading after reports of a Japanese investment group seeking a 25โ50% stake acquisition with a 30% premium
Oct 27, 2026
๐ฏ๐ต JapanKim Jong-un Renews 'Blood Alliance' With China in Milestone Visit, Raising Northeast Asia Risk
Kim Jong-un's first China visit in a year, pledging eternal gratitude to Chinese volunteer army soldiers, signals a deepening North Korea-China military alliance with implications for Northeast Asian geopolitical risk premiums.
Oct 27, 2026
๐ฐ๐ท South KoreaSeoul Apartments Draw 64% of All Capital Region Subscriptions as New Supply Shrinks
64% of all greater Seoul housing subscription applicants targeted only Seoul developments in 2026
Oct 27, 2026
๐ฐ๐ท South KoreaSamyang Chairman Pledges Innovation to Future-Proof Korea's 102-Year Conglomerate
Samyang Group Chairman Kim Yun warns 102-year history cannot guarantee the future; Korean government ministries coordinate policy amid innovation and green transition imperative
Oct 26, 2026
๐ฐ๐ท South KoreaKorea FSS Sanctions Mirae Asset Securities Over SpaceX IPO Zero-Share Allocation Scandal
Korea's FSS completes inspection and launches formal sanctions against Mirae Asset over SpaceX IPO zero allocation; 6.7x professional investor registration surge under scrutiny
Oct 26, 2026
๐ฐ๐ท South KoreaAmazon's 2027 Cloud Capacity Mostly Sold While Kia Plans Korea's First Hydrogen Passenger Car for 2029
Amazon warns its 2027 cloud computing capacity is already mostly sold, signalling that AI infrastructure demand is far outstripping supply.
Oct 26, 2026
๐ฐ๐ท South KoreaSeoul Apartment Auctions Hit 135% Bid Premiums as Delivery App Fee Cap Regulation Advances
Seoul apartments below KRW 1.5B reach 135.3% auction bid premiums while Korea's delivery app fee cap regulation faces courier opposition.
Oct 26, 2026
๐บ๐ธ United StatesSamsung Electronics and SK Hynix Flagged as Undervalued Despite Memory Sector Profit Surge
Samsung Electronics (SSNLF) and SK Hynix (SKHYN) are trading at a discount to intrinsic value even as the global memory chip sector records a profit surge.
Oct 26, 2026
๐ฐ๐ท South KoreaKorean Household Loans Surge 2.6 Trillion Won in October as Dumpling Prices Signal Consumer Inflation
South Korea's five major banks saw household loans jump 2.6 trillion won in October, reversing recent cooling, while retail food prices signal persistent consumer inflation pressures
Oct 26, 2026
๐ฐ๐ท South KoreaSouth Korea's Production Tax Credit Overhaul Comes as Short-Term Jobs Hit 31-Year Low and Gangnam Property Surges
South Korea's economic meeting addressed production tax credit reform and key social policies as short-term employment fell to its worst level in 31 years and Seoul's Gangnam area saw homebuyers surge to one in three purchases
Oct 26, 2026
๐ฐ๐ท South KoreaSouth Korea: 62 Listed Firms Submit Low-PBR Improvement Plans as Regulator Prepares Name-and-Shame List
62 Korean listed companies submitted improvement plans ahead of the financial regulator's low-PBR company disclosure, with an average PBR of 0.3x โ well below book value.
Oct 25, 2026
๐ฐ๐ท South KoreaSouth Korea Defense Firm LIG D&A Faces Contract Cancellation Risk Amid Bribery Scandal
South Korea's Defense Acquisition Program Administration (DAPA) is reviewing whether to cancel LIG D&A's designation as a defense industry firm following a bribery scandal involving executives.
Oct 25, 2026
๐ฐ๐ท South KoreaNorth Korea's Lazarus Group Exploits PHP Zero-Day to Target Korean Banks and Global Government Systems
North Korea's Lazarus hacking group has been identified preparing large-scale cyberattacks exploiting PHP vulnerabilities targeting Korean government agencies, banks, and global financial infrastructure, according to threat intelligence from CYFIRMA
Oct 25, 2026
๐ฐ๐ท South KoreaSouth Korea's President Backs Semiconductor Work-Hour Exemption via Executive Order, Bypassing Legislature
South Korean President Lee Jae-myung directed the Ministry of Employment and Labor to modify existing ministerial regulations to allow semiconductor R&D workers to exceed the 52-hour weekly work limit โ choosing executive order over slower legislative route
Oct 25, 2026
๐ฐ๐ท South KoreaDow Falls 1.23% as Middle East Escalation Drives Oil Surge and Broad US Market Retreat
The Dow Jones Industrial Average fell 652.82 points (1.23%) to 52,215.16 as oil prices surged on Middle East conflict fears
Oct 24, 2026
๐ฐ๐ท South KoreaSeoul Luxury Real Estate Surges as Ichon Hangang Redevelopment Targets 50 Billion Won Units
Seoul's Ichon Hangang Mansion apartment complex is pursuing a 62-story ultra-high redevelopment after height restrictions were lifted
Oct 24, 2026
Country KrKorea's LH Chief Blames Previous Government for Housing Price Time Bomb, Predicts Crash Within Three Years
Korea Land and Housing Corporation president told a parliamentary audit committee that the previous administration's policies planted a housing market time bomb, forecasting a major price correction within three years.
Oct 24, 2026
Country KrKorean Air and Asiana Hit by Customer Data Breach via Overseas IT Vendor Hack
Korean Air and Asiana Airlines confirm customer personal data was leaked after a foreign IT service provider suffered a cyberattack, raising cybersecurity concerns across Korea's aviation sector.
Oct 24, 2026
๐ฎ๐ณ IndiaSouth Korea Kospi Crashes 40% From June Peak as AI-Cycle Valuations Unwind Sharply
South Korea Kospi has fallen 40% from its all-time high set in June 2026, inflicting severe losses on retail and institutional investors.
Oct 24, 2026