KB News DeskLee set to meet Milei on Korea-Mercosur trade pact, lithium ties
President Lee Jae Myung is set to meet Argentine President Javier Milei on Friday to forge a supply-chain partnership on critical minerals and seek fresh momentum for stalled South Korea-Mercosur…
NPS eyes corporate pension oversight, stirring competition concerns
State pension fund’s OCIO push raises fears of market distortion and weaker foreign investor interest South Korea’s National Pension Service is seeking to serve as an outsourced chief investment officer,…
SK chief makes first personal purchase of SK hynix shares
SK Group Chairman Chey Tae-won bought 3,620 shares of SK hynix on Thursday, marking his first personal investment in the chipmaker and signaling confidence in its long-term prospects. Chey purchased…
Hanwha promotes chairman’s three sons in leadership reshuffle
Conglomerate also names new chief executives for five affiliates, including Hanwha Aerospace and Hanwha Systems. Hanwha Group on Thursday promoted Kim Dong-kwan to executive vice chairman as the South Korean…
Seoul shares again dip over 1% after 2-day deep rout amid AI spending concerns
Seoul shares fell by more than 1 percent Thursday as retail investors heavily sold tech stocks following deep declines over the previous two sessions amid concerns over artificial intelligence spending…
Mirae Asset's global ETF assets top W678tr
Mirae Asset Global Investments’ assets under management surpassed 678 trillion won ($471 billion), driven by strong inflows into its exchange-traded funds and growth across pensions and alternative investments. The milestone…
Won hits five-month high as Kospi remains volatile
Kospi rebound fizzles despite Samsung Electronics’ record Q2 earnings The South Korean won strengthened to its strongest intraday level in about five months Thursday, reaching the 1,430 range even as…
Hyundai chief visits Brazil as automaker steps up SUV, EV push
Hyundai Motor Group plans to expand its SUV lineup, pursue local production of electric vehicles and strengthen research and development in Brazil as Chinese automakers rapidly gain ground in Latin…
Samsung’s AI boom lifts chips, tests foundry and mobile units
Tech giant looks to foundry recovery and premium mobile strategy to sustain AI momentum Samsung Electronics’ semiconductor business delivered its strongest-ever second-quarter performance, fueled by booming demand for artificial intelligence…
Samsung SDI posts first profit in seven quarters
Samsung SDI reported an operating profit for the second quarter, its first in seven quarters, and the figure far exceeded market expectations. Operating profit was 203.8 billion won ($141.6 million),…
