KB News DeskSeoul shares rise for 2nd day on tech gains despite renewed Mideast tensions
South Korean stocks rose for the second consecutive session Tuesday on gains in tech shares despite escalating tensions in the Middle East following a resumption of airstrike exchanges between the…
FTC raids Coupang again after first attempt comes up empty
Regulator deploys 30 investigators under different law, sidestepping procedural dispute over earlier inspection South Korea’s antitrust regulator sent about 30 investigators to Coupang’s Seoul headquarters Tuesday, taking the unusual step…
Samsung vs. LG battle for AI cooling heats up
Crosstown rivals expand overseas production as liquid cooling becomes critical to data-center growth Samsung Electronics and LG Electronics are scaling up their data-center cooling businesses as power-hungry AI chips turn…
S. Korea's defense budget tops 70 tln won for first time
2027 budgets submitted to National Assembly for review South Korea’s defense budget is set to surpass 70 trillion won ($50.9 billion) for the first time next year, as Seoul steps…
Korea plans record W821tr budget on chip tax windfall
Expansionary fiscal plan pushes annual spending past W1,000tr by 2030 South Korea will raise government spending by 12.8 percent to a record 820.9 trillion won ($599.5 billion) in 2027, the…
LG Energy Solution secures W2tr lithium carbonate deal with US supplier
LG Energy Solution said Tuesday it had signed a long-term supply agreement with US-based Smackover Lithium to secure lithium carbonate, strengthening its local battery material supply chain for the North…
Korea’s AI rally must go beyond chips: Societe Generale
HIT Forum speaker Frank Benzimra sees wider investment opportunities on AI gains and governance reforms South Korea’s artificial intelligence rally must expand beyond Samsung Electronics and SK hynix if the…
Samsung unveils memory road map at Semicon Taiwan
Chipmaker turns to 3D memory to boost capacity, bandwidth and efficiency for AI Samsung Electronics on Tuesday unveiled a next-generation memory strategy at Semicon Taiwan 2026, betting on 3D architectures…
KGCCI, Herald ink media partnership for APK 2026
The Korean-German Chamber of Commerce and Industry and Herald Media Group signed a media partnership agreement Tuesday for the Asia-Pacific Conference of German Business 2026, which will bring senior German…
Hyundai Motor union approves wage deal, ending months of labor strife
Hyundai Motor’s labor union has approved a tentative agreement that includes higher base pay, bonuses and new hiring commitments, concluding months of contentious wage negotiations and strikes. The carmaker said…
