Korea's big 4 conglomerates donate W7b following heavy rain damage

Samsung pledges 3 billion won, SK 2 billion won and Hyundai Motor and LG 1 billion won each, while affiliates roll out emergency aid in affected communities. South Korea’s four…

Posco Holdings secures W1tr line of credit for Argentina lithium push

Posco Holdings said Friday it had secured an 1 trillion won ($728 million) line of credit from the Inter-American Development Bank Group (IDB Group) for its Argentina lithium project, advancing…

Seoul stocks snap 3-day rise on tech slump

Seoul stocks closed sharply down Friday to snap their three-day winning streak, as investors sold off tech heavyweights amid external uncertainties, such as Washington’s trade policy. The Korean won rose…

Dunamu partners with Visa on next-generation financial services

Dunamu, operator of South Korea’s largest cryptocurrency exchange Upbit, said Friday it had partnered with global payments provider Visa to develop financial and payment services using stablecoins and AI. The…

SK hynix open to US investment, sees memory shortage through 2030

SK hynix CEO Kwak Noh-jung said Thursday the company remained open to further US semiconductor investment, while forecasting a global memory chip shortage through the end of 2030. “We are…

Lee Moonwon Clinic expands global reach with Korean hair-loss treatment

Selected for Seoul’s ‘100 Beauty & Wellness’ list for second consecutive year Lee Moonwon Korean Medicine Clinic, a Gangnam-based facility specializing in hair-loss treatment, is expanding Korean traditional medicine’s global…

Samsung’s $700 Galaxy 26 FE Gets a Price Hike Even With Many Tradeoffs

Samsung Electronics Co. introduced the Galaxy S26 FE, its latest smartphone aimed at consumers who want a device that’s priced well below high-end models but still offers at least a…

Border renewables to K-food hub: Local leaders pitch bold growth plans to President Lee

Local leaders brought a diverse slate of growth proposals to President Lee Jae Myung on Wednesday, from renewable energy projects along the inter-Korean border to building a K-food hub in…

South Korea seeks regional power pricing, W2.8tr in industry savings

Industrial users outside southern Seoul and southern Gyeonggi Province could save a combined 2.8 trillion won ($2 billion) a year in electricity costs under a regional pricing system the government…

Learn Korean business terms before starting your own business

Seoul Global Center will offer a free online lecture on practical Korean for people interested in starting a business in Korea. The two-hour session will run from noon to 2…