Kospi retakes 7,000 on strong foreign buying

Index jumps over 8% as easing US inflation boosts risk appetite and foreign investors pour into chip stocks Seoul stocks reclaimed the 7,000 mark on Wednesday, with the Kospi surging…

FDA hurdle cleared for liver cancer drug application: HLB

Rivoceranib’s Chinese production site gets VAI from FDA; HLB shares rebound sharply HLB said Wednesday it received a Voluntary Action Indicated notice from the US Food and Drug Administration after…

MBK promotes Korea Zinc project in US amid Homeplus crisis

Private equity firm highlights Project Crucible as Homeplus struggles to secure emergency funding MBK Partners is facing criticism after hosting a reception in the United States to promote Korea Zinc’s…

Modigence Vision wins Korea-Germany AI startup competition

South Korean artificial intelligence startup ModigenceVision won the Korea-Germany Connect: AI Startup Pitching Challenge 2026 on Wednesday. The winner will present its technology before about 1,000 business, government and academic…

CU brings AI digital twins to retail planning

BGF Retail, operator of the convenience store chain CU, said Wednesday it signed a memorandum of understanding with AI startup Intellicia to accelerate AI-driven innovation across its retail operations. The…

Hyosung bucks STEM trend with humanities-only hiring

Hyosung Group has launched a recruitment program exclusively for humanities majors, an unusual move in a job market where employers have increasingly favored graduates in science, technology, engineering and mathematics.…

Leveraged chip ETFs face fivefold deposit hike

South Korea’s brokerage industry has agreed to tighten investor protection rules for single-stock leveraged exchange-traded funds after the products came under criticism for amplifying market volatility. The Korea Financial Investment…

Hong Kong offers free child airfare to draw Korean families this summer

Families flying to Hong Kong this summer can bring one child along for free under a promotion from the Hong Kong Tourism Board and Cathay Pacific aimed at Korean travelers.…

Korean Air may keep dual mileage programs after merger

Separate mileage programs could bring daily fines, duplicate operating costs, accounting risks Korean Air may have to run two separate mileage programs even after its merger with Asiana Airlines takes…

KB Financial launches AI Lab for workplace AI

KB Financial Group has launched a hands-on AI talent program as part of efforts to accelerate artificial intelligence adoption across the group and integrate the technology more deeply into everyday…