KB Financial shortlists 6 candidates for chair post

KB Financial Group’s headquarters in Yeouido, western Seoul (KB Financial Group) KB Financial Group’s race for its next chief is taking shape as the field narrows to six candidates, including…

Cheong Wa Dae rebuts US report accusing Seoul of targeting Coupang

Seoul pledges to keep Coupang probe from spilling into broader alliance cooperation National Security Adviser Wi Sung-lac briefs reporters on Friday at the Chunghwa Press Center on President Lee Jae…

Hyundai, Hanwha unveil W97tr investment plan for southeastern Korea

Samsung, SK, LG, Doosan join Yeongnam push with W215tr for AI, robotics and data centers President Lee Jae Myung poses with government officials and business leaders after an investment agreement…

Will SK hynix's Nasdaq debut save troubled won?

Chipmaker’s ADR sale to provide dollar inflow, but reinvestment flows are key SK hynix headquarters in Icheon, Gyeonggi Province (Yonhap) South Korean chipmaker SK hynix’s planned listing of American depositary…

S. Korea rolls out W312tr bet on southeast

President Lee Jae Myung delivers his congratulatory remarks at a ceremony in Jinju, South Gyeongsang Province, Friday to celebrate the announcement of the massive investment projects of private-sector companies. (Pool…

Seoul stocks jump nearly 6% as bargain buying lifts chipmakers

An electronic board showing the Korea Composite Stock Price Index at a dealing room of the Hana Bank headquarters in Seoul on Friday. (Yonhap) South Korean stocks rebounded nearly 6…

Lee heads to NATO summit with eye on world’s largest defense market

Lee’s state visit to Mongolia aims to bolster strategic partnership, explore paths to resuming inter-Korean dialogue National Security Adviser Wi Sung-lac briefs reporters on Friday at the Chunghwa Press Center…

KITA visits Washington to urge better investment conditions in US

Lee In-ho (second from right), executive vice chairman of the Korea International Trade Association, meets with William Kimmitt (left), under secretary of commerce for international trade, at the US Department…

Homeplus nears liquidation as court ends rehabilitation process

Court says new financing during a 14-day appeal window could revive rehabilitation talks A Homeplus store in Seoul (Im Se-jun/The Korea Herald) The Seoul Bankruptcy Court terminated Homeplus’s rehabilitation proceedings…

Special counsel indicts ex-JCS chief over martial law involvement

In this file photo, former Joint Chiefs of Staff Chairman Kim Myung-soo (center) speaks to reporters as he appears before a special counsel team for questioning over his alleged role…