KB News DeskBusiness leaders seek AI-led growth at Jeju Forum
Chey Tae-won tells executives AI requires redesigning business operations, not simply adopting new technology, as annual KCCI forum opens South Korea’s leading business figures gathered Wednesday on Jeju Island to…
Hanwha shareholders approve split, sharpening succession roadmap
Hanwha Corp., the holding company of Korea’s seventh-largest conglomerate Hanwha Group, won shareholder approval Wednesday for a corporate split to separate its core defense, shipbuilding, energy and financial businesses from…
Leveraged chip ETFs test Korea's market structure
Daily rebalancing fuels debate over whether Korea’s cash-based structure amplifies volatility more than Hong Kong’s swap-based model Surging trading in South Korea’s single-stock leveraged exchange-traded funds tracking Samsung Electronics and…
Seoul shares end over 6% higher on tech rally despite Middle East tensions
Seoul shares ended more than 6 percent higher Wednesday, led by gains in technology heavyweights, although persistent tensions in the Middle East remained a key concern for investors. The Korean…
France, Korea to deepen strategic solidarity, envoy says on Bastille Day
France and South Korea are moving to deepen their “strategic solidarity” as wars in Europe and the Middle East expose how closely their security and economic interests have become intertwined,…
Minimum wage rises, but the bigger fight is over who pays
A single nationwide rate is carrying more weight than it was built to bear South Korea’s decision to raise the hourly minimum wage by 3.7 percent to 10,700 won ($7.19)…
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…
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…
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.…
