Korea Floats AI 'Citizen Dividend'; KOSPI Whipsaws, Samsung Falls 2.3%
Korea's policy chief Kim Yong-beom floated an AI-revenue 'National Dividend,' sending KOSPI down as much as 5.12% before Cheong Wa Dae called it a personal view.
Samsung (005930.KS) Unveils Z Fold8, AI Glasses July 22
Samsung Electronics (005930.KS), Korea's largest consumer-electronics and memory-chip maker, plans to hold its second-half Galaxy Unpacked event in London on July 22
SK Hynix (000660.KS) CEO Kwak to Meet Gates, Nadella at Microsoft Summit
SK hynix CEO Kwak Noh-Jung is attending Microsoft's invitation-only CEO Summit in Redmond this week, with meetings expected with Bill Gates and Satya Nadella.
Samsung Securities (016360.KS) Opens IBKR Omnibus Channel for Foreign Retail Investors
Samsung Securities (016360.KS), a full-service Korean brokerage whose largest shareholder is Samsung Life Insurance (29.4%), said on May 12 it has formally launched
Celltrion (068270.KS) Buys France's Gifrer to Tap 9,000 Pharmacies
Celltrion (068270.KS), Korea's largest biosimilar maker, said on May 12 it has acquired 100% of Gifrer, a 1912-founded French over-the-counter (OTC) and pharmacy pro
Samsung Family Stock Wealth Tops ₩100 Trillion as Lee Jae-yong Crosses ₩50 Trillion Mark
Samsung Electronics Chairman Lee Jae-yong's stock holdings rose to ₩51.66 trillion ($35.1B) on May 11, making him the first South Korean businessman to clear the ₩50 trillion mark.
NTS Audit Targets Meritz Securities as Korea's Finance Sweep Widens
Korea's National Tax Service (NTS), the country's central tax authority, opened a special tax audit of Meritz Securities on May 11, according to Chosun Biz.
Lotte E&C Lands AAA Rating on ₩300 Billion ABS in Credit Rehabilitation Step
Lotte Engineering & Construction (Lotte E&C), the Lotte Group construction affiliate and South Korea's eighth-largest builder by capability evaluation, said Monday i
Korea's 'Big-Hand' Retail Orders Hit Record as Samsung-Hynix Drive KOSPI Past 7,000
Korea's wealthiest retail investors are pouring money into the country's two semiconductor giants at an unprecedented clip.
Samsung Bonus Civil War: '1%' Question Splits Unions Before Strike-Eve Mediation
Samsung Electronics (005930.KS), the world's largest memory chipmaker, enters two days of state-supervised mediation Monday with an unusual problem: the labor side c
Samsung (005930.KS): May 11 Bonus Mediation, Union Splits
Kakao Faces First-Ever Strike Risk as Union Demands 15% Profit Bonus
Kakao (035720.KS) is heading into formal labor mediation after four affiliate unions sought a 2026 bonus equal to 13-15% of operating profit.