KB News DeskProminent Hong Kong activist Joshua Wong pleads guilty in second national security case
Prominent Hong Kong pro-democracy activist Joshua Wong pleaded guilty Wednesday to conspiracy to collude with foreign forces to endanger national security under a Beijing-imposed law that has effectively stifled the…
China's Xi lands in Egypt as Iran war reshapes Middle East alliances
Chinese President Xi Jinping arrived in Egypt Tuesday, his first visit to the Arab world’s most populous nation in a decade, as countries across the Middle East reassess security and…
Posco chief calls for stronger Korea-Australia resource ties
Posco Group Chairman Chang In-hwa proposed strengthening resource supply chains at the 47th Korea-Australia Business Council annual joint meeting in Adelaide on Wednesday. About 200 government and business officials from…
Shinsegae to build Aman's first Korean property in high-end lifestyle push
Shinsegae Property, the real estate development arm of Shinsegae Group, is bringing ultra-luxury hospitality brand Aman’s first Korean property to Seoul’s Cheongdam-dong, under Chairman Chung Yong-jin’s vision of setting a…
Lotte wins antitrust approval to divest Lotte Rental stake to TPG
Lotte Group won approval from the Korea Fair Trade Commission on Tuesday to sell its stake in Lotte Rental, held by Hotel Lotte and Busan Lotte Hotel, with the deal…
Proposed civil servant pay hike to lift lowest-rank salary to above W3m per month
Civil servant pay may rise 3.9 percent next year, the biggest increase in 16 years, bringing the starting pay of the lowest-rank officials to above 3 million won ($2,200) a…
Three regional universities picked to receive up to W100b to close gap with Seoul National University
Pusan, Chonnam and Chungnam national universities to receive concentrated funding tied to regional growth industries, AI Three flagship regional national universities — Chonnam National University, Chungnam National University and Pusan…
South Korea proposes record W22.2 trillion agriculture budget for 2027
SEJONG — South Korea’s Ministry of Agriculture, Food and Rural Affairs has proposed a record 22.2 trillion won ($16.2 billion) budget for 2027, up 10.4 percent from the previous year,…
JungKwanJang retains global ginseng crown
JungKwanJang, KGC’s health supplement brand, ranked first in the global red ginseng and herbal dietary supplement markets for a 12th consecutive year, according to data from market researcher Euromonitor International.…
Leveraged ETF fallout stalls new market initiatives
Backlash over leveraged exchange-traded funds has the Financial Services Commission treading more cautiously on further capital market reforms, putting two planned market initiatives at risk of delay. The Korea Exchange’s…
