KB News DeskUS’ $3b mineral drive spotlights Korea’s China-free supply chains
Korea Zinc, Posco gain strategic edge in US mineral push Washington’s new $3 billion critical minerals initiative has put South Korean processors and miners in the spotlight as the US…
Budget coffee takes Korean identity overseas
Chains seek growth abroad as domestic saturation and rising costs squeeze margins Korea’s budget coffee chains, built on affordability and accessibility, may be pushing the market to saturation, and rising…
Won nears 1,300s after sharpest swings since financial crisis
SK hynix dollar conversion, easing foreign sell-off, stronger yen drive rapid rebound The South Korean won is nearing the 1,300-per-dollar range after weakening to 1,550 in just over a month,…
HD Hyundai Heavy wins record $674m US data center power deal
HD Hyundai Heavy Industries said Monday it has secured a 956 billion won ($675 million) deal to supply power generation systems for a US data center project, marking its largest-ever…
After saving Gangneung's lone dolphin, Aqua Planet sets sea turtles free off Jeju
Aqua Planet plans to release rehabilitated green sea turtles (Chelonia mydas) off Jeju Island later this month, adding to a run of marine conservation work that recently included helping rescue…
Opposition lawmakers seek two-year extension of tax deferral for venture reinvestment
People Power Party Rep. Ahn Cheol-soo, a four-term lawmaker and former software entrepreneur, has joined with nine other PPP lawmakers to propose a two-year extension of a tax deferral scheme…
KT&G raises outlook after record first-half revenue
Overseas tobacco sales and price increases drive fourth straight quarter of double-digit profit growth KT&G delivered double-digit profit growth for a fourth straight quarter, posting record first-half revenue as its…
Seoul shares tumble over 4% on tech losses amid lingering AI concerns
South Korean stocks tumbled more than 4 percent Thursday due to losses in tech shares amid lingering concerns over profitability of artificial intelligence spending. The local currency rose against the…
‘No time to divide chip profits’: Industry minister
Kim urges Samsung, SK hynix to reinvest as China narrows technology gap South Korea should resist calls to redistribute the record profits of Samsung Electronics and SK hynix beyond the…
Did NPS rebalancing delay amplify Kospi volatility?
Unlike global peers, Korea’s pension fund delayed stock sales during rally, potentially leaving less room to cushion reversal The National Pension Service rode the Kospi above 9,000 to record returns.…
