LS Cable & System to Build Korea’s First Rare-Earth Magnet Hub
Six petrochemical companies indicted over alleged 16 trillion won price-fixing scheme
Shinhan Bank says data on about 25,000 customers was exposed
Novelis Korea to lift Yeongju plant lockout on October 1
US State Department flags Korean regulatory enforcement as investment concern
Coupang Privacy Fine Reveals Regulator's Hard Line
Newly disclosed deliberations show why Korea's privacy watchdog rejected key reduction arguments in a 423.6 billion won leak penalty
Hanwha Aerospace Apologizes Over Hiring Restrictions
The company says age and university-background limits in an experienced-hire guideline were improper and promises disciplinary and process changes
SK and LG Outline New Mexico Investment and Health-Care Plans
South Korean business leaders used President Lee's Mexico visit to pitch vaccine cooperation and wider manufacturing investment
Holiday Delivery Rush Lifts Convenience Store Quick-Commerce Sales
Convenience-store delivery demand jumped during the Chuseok logistics gap, with some sales up as much as 205 percent
August Retail Sales Rise 7.7% as Chuseok Spending Shifts Earlier
KFTC starts preliminary review of Uber's Delivery Hero deal
POSCO Future M signs KRW 1.1 trillion LFP cathode deal with SK On
The three-year supply contract begins in 2027 and can be extended by two more years.
Solidigm seeks about $5 billion in pre-IPO funding
SK hynix plans to finalize the investor lineup next month as large global funds review participation.
SK hynix dismisses four new hires over training-rule violations
The employees were dismissed after drinking during new-hire training, while two workers at affiliated firms reportedly received pay cuts.
Youngpoong signs $300 million US export deal for Yopokki
The Daegu food company says the four-year agreement will begin in 2027 and use US distribution partners to expand its Yopokki brand.
Court challenges put Korea's Fair Trade Commission enforcement powers under pressure
Samsung Electronics union shifts its center to the semiconductor division
Samsung DX union begins open-ended protest seeking direct Lee Jae-yong talks
Tighter inheritance rules raise succession concerns for regional SMEs
Broker referred over counterfeit K-beauty products sold online
Posco union expands partial strike as Pohang prepares economic support
The union is widening its second partial strike to additional production lines, while Pohang mobilizes financing and consumption support.
Ssangyong E&C wins record $2.15 billion Singapore hospital contract
The Korean builder says the 1,534-bed project is the largest single contract in its history.
Oil above $100 raises fresh cost pressure on Korean industry
A prolonged Middle East conflict and higher US rates are hitting Korean companies with both input-cost and financing risks.
Most Korean firms plan four-day Chuseok break as bonus payments slip
A national employer survey found 76.5 percent of holiday-closing firms expect a four-day break, while fewer plan to pay bonuses.
Daegu builder Taewang E&C enters rehabilitation
Government weighs debt relief for inter-Korean firms
South Korea's Unification Ministry is reviewing ways to address about 160 billion won in unpaid loans held by companies that joined inter-Korean economic projects in the 2000s, according to Kyunghyang Shinmun. The debt is tied to firms involved in projects such as Mount Kumgang tourism and the Kaesong Industrial Complex, many of which have had no practical route to restart the business activity that originally supported the borrowing.
Abu Dhabi plans Korea-focused manufacturing zone
Abu Dhabi is preparing a dedicated manufacturing zone aimed at attracting Korean companies and production facilities, according to Dong-A Ilbo. The plan was outlined at the Abu Dhabi Investment Forum in Seoul, where an Abu Dhabi official said the emirate wants to connect Korean manufacturing and information-technology expertise with local capital, infrastructure and energy networks.
FSS probes alleged ETF front-running at Samsung Active
South Korea's Financial Supervisory Service is investigating allegations that employees at Samsung Active Asset Management traded shares before those stocks were added to exchange-traded funds, Maeil Shinmun reported. The inquiry centers on whether nonpublic information about planned ETF holdings was used to buy shares in advance and profit from later market moves.
POSCO union starts 120-hour partial strike after wage talks stall
POSCO workers are beginning a second partial strike after management and the union failed to narrow differences in renewed wage negotiations.
