Business
Positively Yours Episode 9 Preview Teases Trouble for Jang Hui Won and Kang Du Jun
Positively Yours episode 9 will air on Channel A on Saturday (February 14) at 10:30 PM KST. In this chapter, Jang Hui Won and Kang Du Jun…
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Won
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Positively Yours Episode 5 to Feature Love Triangle Between Jang Hui Won, Kang Du Jun, Cha Min Uk
Positively Yours episode 5 will air on Channel A on Saturday (January 31) at 10:30 PM KST. The chapter will feature a love triangle…
Business
Straits Trading unit to divest South Korea logistics property for 432 billion won
The Straits Trading Company is divesting a freehold logistics facility in Incheon, South Korea, for 432 billion won (S$377.6 million) as…
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South Korea’s Lee sees won strengthening to 1,400 level in a month or two
South Korean authorities expect the won to strengthen to around the 1,400 per dollar level in a month or two, although domestic policies…
Business
Bank of Korea stands pat as board wary of weak won, property market rally
South Korea’s central bank left its benchmark interest rate unchanged in a widely expected move, as authorities monitor the weakening won…
Business
SK Hynix to build 19 trillion won AI memory chip packaging plant
Memory has become a bottleneck that directly limits how quickly data centres can bring new AI accelerators online SK Hynix plans to spend…
Business
South Korea makes checks on increasing US dollar deposits as won falls
South Korean authorities summoned seven local banks last week to question them about increasing US dollar deposits, officials and bank…
Business
Samsung Electronics to buy 2.5 trillion won of its shares for employee compensation
Samsung Electronics on Wednesday said it would acquire 2.5 trillion won (S$2.2 billion) worth of its own shares for employee and executive…
Business
South Korea pension fund initiates new round of strategic FX hedging to support won
The won sharply reversed course on the news to rally as much as 1.6% to 1,458.0 per dollar South Korea’s national pension fund has…
Business
S Korea pension fund initiates new round of strategic FX hedging to support won
The won sharply reverses course on the news to rally as much as 1.6% to 1,458.0 per dollar South Korea’s national pension fund has…
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South Korea digs deeper into intervention toolkit as won slides
The won has been Asia’s worst-performing currency in the second half of the year In South Korea, calls for action to stem the won’s…
Business
Ford cancels EV battery deal worth 9.6 trillion won with South Korea’s LG Energy Solution
South Korea’s LG Energy Solution said on Wednesday (Dec 17) that Ford Motor has terminated an electric vehicle (EV) battery-supply deal…
Business
South Korea central bank sees upside inflation risk with a weaker won
South Korea’s central bank said on Wednesday (Dec 17) that headline inflation in 2026 could exceed earlier forecasts, if the won stays at…
Business
Samsung SDI in talks with Tesla to supply energy storage batteries in deal worth over 3 trillion won
South Korea’s Samsung SDI said on Tuesday it is in talks to supply energy storage batteries to Tesla, in an order that Korean media said…
Business
Samsung Electronics family to sell 1.7 trillion won stake amid share rally
The company has secured supply deals with other major customers and expectations have risen that the company will be able to supply its…
Business
‘Baby Shark’ creator Pinkfong seeks to raise 76 billion won from Seoul IPO
The company behind Baby Shark, the most-watched YouTube video of all time, is seeking to raise as much as 76 billion won (S$70 million)…
Business
Who are Jason Wei and Hyung Won Chung? Meta Hires 2 More OpenAI Engineers
Meta, the parent of Facebook, has recruited two high-profile researchers from OpenAI—Jason Wei and Hyung Won Chung—in its latest AI hiring…
Beauty
What Beauty Products Won Mother’s Day, According to Macy’s, Amazon and Saks Execs
Moms, too, just want K-beauty. At least, that’s what data from TikTok Shop detailing what sold best on the platform during the run-up to…
Beauty
The 30 Fragrance, Skin and Makeup Brands That Won Social Media During the First Quarter
Beauty‘s first-quarter social media report cards are in. According to CreatorIQ, which uses earned media value to measure the value and…
Business
Goldman sees central banks buying more renminbi, won, Singapore dollars
South Korea, Singapore and China’s currencies are likely to be the biggest Asian beneficiaries as central banks look to diversify their…
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Giambattista Valli Won a Bridal Award in Barcelona
Barcelona Bridal Fashion Week has handed Giambattista Valli its 2025 Industry Impact Award, which recognizes significant contributions to…
Business
Bank of Korea holds rate steady after inflation sped up and won wobbled
The Bank of Korea (BOK) held its benchmark interest rate steady to foster stability after consumer inflation unexpectedly picked up and…
Business
This airline won an award for its cabin design
At TheDesignAir Awards 2024, Hong Kong-based Cathay Pacific took home three honors, including Design Airline of the Year, Asia. It…
Business
Parole Examiner Lee Spoilers: Baek Ji Won Shares Crucial Details About Choi Hwa Ran
Actress Baek Ji Won, who will portray legendary loan shark Choi Hwa Ran in the upcoming tvN drama Parole Examiner Lee, recently shared…