Koreas
South Korea’s SK Hynix to invest 103 trillion won by 2028 in AI, chips
SOUTH Korea’s SK Hynix, the world No 2 memory chip maker, will invest 103 trillion won (S$102 billion) till 2028 to strengthen its chips business, focusing on artificial intelligence...
South Korea’s SK Innovation and SK E&S to pursue merger, report says
SOUTH Korea’s SK Innovation, the parent of the country’s largest oil refiner and battery maker SK On, is expected to pursue a merger with energy affiliate SK E&S, resulting...
Meteoric rise of South Korea’s webtoons powers Nasdaq IPO
WHEN Bae Jin Soo quit his well-paying job at one of South Korea’s biggest conglomerates to write stories, his parents were so upset they kicked him out of the...
South Korea’s Air Incheon is preferred bidder for Asiana cargo unit
South Korean budget airline Air Incheon is the preferred bidder to buy Asiana Airlines’ cargo business, Korean Air said on Monday, paving the way for a final go-ahead from...
South Korea’s jobs growth cools to slowest pace since 2021
SOUTH Korea’s labour market showed signs of cooling in May as employment growth slowed to its slowest pace in more than three years, a weak outcome that may support...
MSCI says South Korea’s short-selling accessibility is ‘deteriorating’
SOUTH Korea’s short-selling accessibility is “deteriorating”, according to MSCI. The practice has gone from “+” to “-,” according to the New York-based index provider’s annual market accessibility review released on...
Who is Chey Tae-won ? SK Group Chairman Ordered to Pay $1 Billion in South Korea’s Largest Divorce Settlement
In a landmark ruling, South Korean billionaire Chey Tae-won has been ordered to pay 1.38 trillion won ($1 billion) to his wife, Roh So-young, marking the country's largest divorce...
South Korea’s Yoon approves exploration of vast oil, gas prospects
South Korean President Yoon Suk Yeol gave the green light on Monday (Jun 3) to conduct exploratory drilling for potentially vast oil and gas prospects found off the east...
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