KB News DeskLess China, more America: K-beauty's big two report strong Q2
Amorepacific, LG H&H post 53.3%, 87.5% second-quarter profit gains respectively Korea’s two largest cosmetics companies, Amorepacific and LG Household & Health Care, posted double-digit second-quarter growth, much of it a…
Korean cartoonist Sanho wins Eisner Award for 'Purgatory Funeral Cakes'
South Korean cartoonist Sanho has become the first Korean creator to win an Eisner Award, one of the comics industry’s most prestigious honors. Publisher Munhakdongne announced Friday that Sanho’s “Purgatory…
Coupang faces 100,000 won payout per victim over data breach
Coupang was ordered to compensate victims of a major personal data leak with 100,000 won ($70) each in either cash or Coupang Cash, South Korea’s Consumer Dispute Settlement Commission ruled…
Seoul shares surge record 18% to reclaim 6,500-point level on chip rally
South Korean stocks skyrocketed by a record 18 percent to reclaim the 6,500-point level Friday, driven by robust semiconductor gains as better-than-expected Microsoft earnings eased concerns over artificial intelligence spending.…
Korea's industrial output posts biggest gain in 6 years on autos, chips
Production, consumption and investment rise together for first time in three months South Korea’s industrial output expanded at the fastest pace in six years in June, as a sharp rebound…
Korea, Morocco highlight growing partnership on Throne Day
South Korea and Morocco underscored their commitment to deeper economic and strategic cooperation Thursday, with trade negotiations, railway infrastructure and investment emerging as key pillars of their growing partnership. Officials…
Hyundai Engineering pivots toward energy, AI infrastructure
Hyundai Engineering has unveiled a new corporate vision aimed at expanding beyond its traditional engineering, procurement and construction business into future energy and advanced industrial facilities. The company announced the…
Lee 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…
