Lee Jae Myung Pledges Government Support for AI Megaprojects
President Lee Jae Myung pledged Monday to mobilize full government resources behind three semiconductor and AI megaprojects. He made this commitment while presiding over...
SK Hynix Raises $26.5 Billion Through Nasdaq ADR Offering
SK hynix raised approximately 40 trillion won through an American depositary receipt offering on Nasdaq recently. Industry sources say this substantial dollar inflow will...
Subsidiary Listings Face Tighter Rules Under New Korea Guidelines
South Korea's financial regulators introduced draft guidelines Monday that will make subsidiary listings considerably harder for listed parent companies to pursue. The Financial Services...
Market Access Expands as South Korea Launches 24-Hour Currency Trading
South Korea officially transitions to a 24-hour foreign exchange market structure starting this coming Monday morning. This significant reform allows continuous dollar-won trading from early...
LG Electronics Forms Dedicated Robotics Business Center Under Direct CEO Oversight
LG Electronics announced Tuesday it will establish a new robotics business center reporting directly to its chief executive. The Robotics Business Center launches Wednesday...
