South Korea’s corporate reform drive faces a crucial test as shareholder meeting season enters full swing, with investors demanding concrete steps to revive a world-beating stock rally.

Samsung Electronics Co. and SK Inc. said they plan to cancel a combined 20.8 trillion won ($14.1 billion) of treasury shares, one of the largest such moves by South Korean conglomerates as firms respond to governance reforms aimed at boosting shareholder returns.

South Korean President Lee Jae Myung called for the quick launch of a cap on fuel prices as the government moves to contain a spike in energy costs triggered by escalating conflict in the Middle East.

KKR & Co. will acquire a 348 billion won ($235 million) stake in South Korean renewable energy firm SK Eternix Co., stepping up its climate and environmental investments and underscoring its appetite for dealmaking despite market volatility stemming from the Iran war.

Digital lender K Bank Co. surged in its trading debut as South Korean stocks rebounded from the previous day’s record rout.

South Korea’s parliament approved a long-debated legal revision requiring companies to cancel treasury shares, a key step in the government’s drive to improve corporate governance and boost stock market valuations.

South Korea’s parliament approved a long-debated legal revision requiring companies to cancel treasury shares, a key step in the government’s drive to improve corporate governance and boost stock market valuations.

South Korea’s export-driven economy is expected to post “significantly higher” growth this year compared to last, supported by a chip boom and a stronger-than-anticipated global backdrop, the central bank said.

South Korea’s export-driven economy is expected to post “significantly higher” growth this year compared to last, supported by a chip boom and a stronger-than-anticipated global backdrop, the central bank said.

North Korean leader Kim Jong Un’s teenage daughter appears to have entered a phase of being designated as his successor, South Korea’s National Intelligence Service told lawmakers, offering Seoul’s clearest assessment yet that a fourth generation of the Kim family dynasty is in the making.

Samsung Electronics Co.’s shares gained their most in about six months after its co-chief executive officer quoted customers as saying “Samsung is Back,” further fueling a broader Asian tech stock rally Friday.

Samsung Electronics Co.’s shares gained their most in about six months after its co-chief executive officer quoted customers as saying “Samsung is Back,” further fueling a broader Asian tech stock rally Friday.

Coupang is offering compensation worth more than $1 billion to all customers affected by South Korea’s biggest-ever data breach.

Ford Motor Co. canceled a 9.6 trillion won ($6.5 billion) battery agreement with LG Energy Solution Ltd. after the US automaker rolled back its electric vehicle ambitions.

JPMorgan Chase & Co. and the US government are backing Korea Zinc Co.’s planned $7.4 billion smelter in Tennessee that will supply critical minerals essential for chip-making, defense and aerospace.

SK Hynix Inc. is exploring a potential New York share listing, a move seen helping to close the valuation gap between the South Korean memory chipmaker and global peers including Micron Technology Inc.

SK Hynix Inc. is exploring a potential New York share listing, a move seen helping to close the valuation gap between the South Korean memory chipmaker and global peers including Micron Technology Inc.

North Korean hacking group Lazarus is suspected of being behind an exploit that saw 45 billion won (about $30 million) drained from South Korea’s largest crypto exchange Upbit on Thursday, Yonhap News reported.

North Korean hacking group Lazarus is suspected of being behind an exploit that saw 45 billion won (about $30 million) drained from South Korea’s largest crypto exchange Upbit on Thursday, Yonhap News reported.

South Korea’s central bank chief said he is less concerned about the won approaching 1,500 per dollar than he is about the force driving it there: young Koreans piling heavily into overseas stocks.