Who rules Kospi? Samsung, SK hynix locked in battle for No. 1

AI memory boom is reshaping investor perceptions of Korea’s two chip giants Samsung Electronics (left) and SK hynix logos (Yonhap) Samsung Electronics’ 26-year reign as the benchmark Kospi’s most valuable…

SK, KKR to launch Korea's largest renewable energy company

SK headquarters in Seoul (SK Inc.) SK Inc. said Wednesday it will partner with US private equity firm KKR to launch South Korea’s largest renewable energy company, consolidating group-wide clean…

US Embassy celebrates 250th anniversary of American independence in Seoul

Foreign Minister Cho Hyun (first from left) and James Heller, charge d’affaires ad interim at the US Embassy in Seoul (second from left), salute the US flag during a reception…

CJ CheilJedang reshapes portfolio to boost profitability

(CJ CheilJedang) CJ CheilJedang is replacing its food-and-bio framework with a three-division structure — lifestyle food, technology materials and core ingredients — as it reallocates capital to higher-growth businesses. The…

Samsung C&T, Japan's Infroneer join forces on global infrastructure development

Samsung C&T CEO Oh Se-chul (second from right) and Infroneer Holdings CEO Kazunari Kibe (second from left) pose for a photo after signing an agreement in Tokyo on Tuesday. (Samsung…

For UAE tycoon Al Ketbi, mobility's future turns on AI sovereignty

Obaid Al Ketbi, founder and chairman of Abu Dhabi-based Dr. O Group Holding, delivers a keynote on the convergence of AI and mobility at Future AI Mobility Summit 2026 at…

Crow is main culprit in downed power line accident

A concrete mixer truck is seen after a severed power line from a roadside utility pole struck the top of the vehicle on a paved farm road in Taean, South…

Samsung Epis opens 1st overseas R&D center in China

Samsung Bioepis China in Beijing’s Changping district (Samsung Epis Holdings) Samsung Epis Holdings has opened its first overseas research and development office in Beijing, looking to leverage the local talent…

Minimum wage gap narrows, but breakthrough still elusive

Revised offers leave W1,540 divide as negotiations likely to stretch into mid-July Labor and business representatives participate in negotiations over next year’s hourly minimum wage at the government complex in…

Ruling party set to win 11 committee chairs amid opposition boycott

People Power Party lawmakers hold placards to protest National Assembly’s decision to put 11 committee chair nominations to vote on Tuesday (Yonhap) The National Assembly on Tuesday is set to…