North Korean leader Kim Jong Un said the navy must become part of the country’s nuclear war deterrent, using a ship inspection to underscore Pyongyang’s military ambitions ahead of Chinese President Xi Jinping’s expected visit next week.
North Korean leader Kim Jong Un said the navy must become part of the country’s nuclear war deterrent, using a ship inspection to underscore Pyongyang’s military ambitions ahead of Chinese President Xi Jinping’s expected visit next week.
Kim Jong Un and his daughter observe the sea trials of the destroyer Kang Kon at an undisclosed location in North Korea on June 4 in a photo provided by the North Korean government. Source: Korean Central News Agency/Korea News Service/AP
When Lee Kun-hee, the patriarch behind Samsung Electronics Co. died in 2020, his dynasty soon dealt with a crisis on two fronts: first, a multi-billion-dollar inheritance tax. The following year, his son Jay Y. Lee was jailed after being convicted of bribing South Korea’s former President Park Geun-hye to win support for his succession.
When Lee Kun-hee, the patriarch behind Samsung Electronics Co. died in 2020, his dynasty soon dealt with a crisis on two fronts: first, a multi-billion-dollar inheritance tax. The following year, his son Jay Y. Lee was jailed after being convicted of bribing South Korea’s former President Park Geun-hye to win support for his succession.
Jay Y. Lee, left, takes a selfie photo with Narendra Modi, India's prime minister, center, and Lee Jae Myung, South Korean president, during a luncheon hosted by Modi in New Delhi, India, on April 20. Source: Yonhap/Pool/EPA/Shutterstock
South Korea nominated Shin Hyun Song as the nation’s next central bank governor, charging the senior Bank for International Settlements official with steering monetary policy at a time of growing uncertainty due to the conflict in Iran.
South Korea nominated Shin Hyun Song as the nation’s next central bank governor, charging the senior Bank for International Settlements official with steering monetary policy at a time of growing uncertainty due to the conflict in Iran.
Shin Hyun Song Photographer: Dhiraj Singh/Bloomberg
South Korea nominated Shin Hyun Song as the nation’s next central bank governor, charging the senior Bank for International Settlements official with steering monetary policy at a time of growing uncertainty due to the conflict in Iran.
South Korea nominated Shin Hyun Song as the nation’s next central bank governor, charging the senior Bank for International Settlements official with steering monetary policy at a time of growing uncertainty due to the conflict in Iran.
Shin Hyun Song Photographer: Dhiraj Singh/Bloomberg
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.
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.
The Kospi’s blistering rally has been driven in part by expectations that companies will follow through on governance changes.
Digital lender K Bank Co. surged in its trading debut as South Korean stocks rebounded from the previous day’s record rout.
The K Bank Co. app arranged on a smartphone in Seoul, South Korea, on Tuesday, Sept. 10, 2024. Online lender K Bank has filed for an initial public offering in Seoul that may raise as much as 984 billion won ($732 million), in what would be the biggest South Korean listing in almost three years.
Seoul apartment prices extended their gains, ahead of next week’s central bank meeting to review interest rates, though the pace of increase slowed to the weakest in about five months as the Lunar New Year holiday dampened demand.
Seoul apartment prices extended their gains, ahead of next week’s central bank meeting to review interest rates, though the pace of increase slowed to the weakest in about five months as the Lunar New Year holiday dampened demand.
South Korea is likely to roll out around 10 trillion won ($6.8 billion) in fresh fiscal stimulus as early as March to address uneven economic growth, with support expected for sectors including culture and the arts, Citigroup said in a report Thursday.
South Korea is likely to roll out around 10 trillion won ($6.8 billion) in fresh fiscal stimulus as early as March to address uneven economic growth, with support expected for sectors including culture and the arts, Citigroup said in a report Thursday.
The National Assembly in Seoul. Photographer: SeongJoon Cho/Bloomberg
The frenzy for the company behind the viral children’s hit “Baby Shark” has quickly cooled, with shares dropping below the initial public offering price just days after their trading debut.
The frenzy for the company behind the viral children’s hit “Baby Shark” has quickly cooled, with shares dropping below the initial public offering price just days after their trading debut.
South Korea’s property market picked up steam, reversing three straight weeks of moderating price increases in a signal that strengthens the case for the central bank to hold interest rates steady at next week’s policy meeting.
South Korea’s property market picked up steam, reversing three straight weeks of moderating price increases in a signal that strengthens the case for the central bank to hold interest rates steady at next week’s policy meeting.
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