South Korea News: Latest Market and Industry Updates
South Korean chaebol reforms face resistance as Samsung shareholder pressure builds
South Korea's push to narrow the long-standing Korea Discount is facing a tougher phase as global investors press the country's biggest conglomerates to accelerate governance changes. While ...
South Korea stocks slump challenges confidence in equities push
South Korea’s stock market reversal is deepening pressure on the government after officials promoted equities as an alternative to property investment. The selloff has erased more than $1 ...
MSCI says South Korea market upgrade depends on regulatory changes in practice
South Korea's push to secure developed-market status from MSCI still hinges on whether recent regulatory reforms are implemented effectively. The review matters for the country's effort to attract ...
Asian tech stocks tumble as AI spending fears hit chipmakers
Asian technology shares are sliding after a sharp Wall Street sell-off pushes the Nasdaq Composite into correction territory. The decline is spreading across South Korean and Japanese chip and ...
South Korea expands anti-piracy deployment near Strait of Hormuz
South Korea is moving to widen the role of its Cheonghae anti-piracy unit in the Middle East as Seoul weighs how to protect commercial shipping routes without being drawn directly into the Iran ...
South Korea defense stocks face pressure as battlefield shift tests traditional arms makers
After two years of gains driven by global rearmament, South Korea's defense sector is coming under pressure as investors reassess how well its biggest weapons exporters fit the changing demands of ...
Hyundaicard Funding XVIII notes keep top Fitch rating on stable card receivables
Strong performance in the underlying credit card receivables is supporting the top ratings on Hyundaicard Funding XVIII Limited's asset-backed notes. The transaction backed by receivables from ...
South Korea chip sector tightens trade secret defenses as Chinese rivals gain ground
Competition for semiconductor engineers is increasing pressure on chipmakers to protect sensitive manufacturing know-how as Chinese memory groups strengthen their capabilities. A Seoul High Court ...
Seongsu property boom raises costs as Seoul creative hub faces gentrification pressure
Seongsu’s shift from an ageing industrial district into one of Seoul’s most sought-after creative and residential areas is driving sharp increases in rents and home prices. The transformation ...
Tesla faces South Korea consumer complaint over FSD marketing practices
South Korea's fast-growing imported-car market is coming under sharper scrutiny as Tesla faces allegations that it sold driver-assistance software to buyers who could not legally use it in most ...
Bank of Korea surveys major lenders on crypto hack exposure
South Korea’s central bank is asking banks and securities firms to assess how a major disruption in the crypto market could affect their operations as their involvement in digital assets ...
Seoul Guarantee Insurance rating affirmed at AA by Fitch
South Korea's credit insurance sector remains under pressure from a challenging economic backdrop, but Seoul Guarantee Insurance retains a strong financial standing. Fitch Ratings affirms the ...
South Korea inflation eases in October as rate hike expectations persist
South Korea's consumer inflation slows slightly in October, offering policymakers limited relief as price growth stays above the central bank's target. The moderation comes as markets still expect ...
Bank of Korea surveys lenders, brokerages on crypto risk exposure
South Korea's central bank is examining how deeper financial-sector involvement in digital assets could affect banks and brokerages under stress scenarios. The review covers potential disruption ...
South Korea manufacturing growth slows in October as PMI hits eight-month low
South Korea's manufacturing sector remains in expansion territory in October, but growth slows to its weakest pace in eight months as output and demand lose momentum. The latest survey shows ...
Asian markets face U.S. midterm policy risk for AI and chip sectors
Asian equity markets with heavy exposure to artificial intelligence and semiconductor supply chains are heading into the U.S. midterm elections amid uncertainty over Washington's next policy ...
Global equity funds extend inflow streak as tech and Asia demand stays firm
Investor demand for global equity funds remains positive in the week ended October 28, supported by a rebound in AI and chip shares and continued buying of technology-focused products. The pace of ...
SK Telecom, SK Broadband ratings affirmed at A- with stable outlook
South Korea's telecom sector continues to be supported by a stable competitive structure and mature network infrastructure, underpinning SK Telecom's credit profile despite last year's operational ...
Asian stocks come under pressure as tech selloff weighs on South Korea, Taiwan and Indonesia
Sentiment toward Asian technology stocks has weakened as investors reassess the returns on massive spending related to artificial intelligence. In Indonesia, market pressure has stemmed from ...
South Korea exports seen posting fastest growth in decades on AI chip demand
South Korea is set to extend its export recovery in October as semiconductor demand linked to AI investment continues to support trade and economic growth. The projected surge is also amplified by ...
Hyundai Motor Q3 operating profit rises, tops market forecasts
Favourable exchange rates are helping Hyundai Motor cushion pressure from labour disruptions and softer demand for older vehicle models in the third quarter. The South Korean automaker reports ...
