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News
From Musinsa to Daiso, K-beauty is rewriting Korea’s retail playbook
8+ hour, 31+ min ago (619+ words) Life&Culture From Musinsa to Daiso, K-beauty is rewriting Korea’s retail playbook Published: Sept. 14, 2026 - 14:21:40 Korean retailers are finding new ways to capitalize on the booming K-beauty market, expanding beauty offerings into fashion platforms, pharmacies and discount stores. Fashion retailer Musinsa…...
Samsung, SK hynix reject Kepco’s W25tr power-bill proposal
11+ hour, 25+ min ago (500+ words) Business Samsung, SK hynix reject Kepco’s W25tr power-bill proposal Published: Sept. 14, 2026 - 11:27:23 Inside Korea’s chaebol leadership and tech industry Samsung Electronics and SK hynix have rejected a proposal from Korea Electric Power Corp. to prepay a combined 25 trillion won ($18.4 billion) in electricity…...
S. Korea's 2 major chipmakers reject KEPCO's proposal to prepay 5 yrs of electricity bills
13+ hour, 2+ min ago (386+ words) Business S. Korea's 2 major chipmakers reject KEPCO's proposal to prepay 5 yrs of electricity bills Published: Sept. 14, 2026 - 09:51:00 South Korea's two major chipmakers, Samsung Electronics Co. and SK hynix Inc., have rejected a proposal from state-run Korea Electric Power Corp. to prepay five…...
Seoul stocks open sharply lower amid Mideast uncertainty
13+ hour, 33+ min ago (367+ words) Business Seoul stocks open sharply lower amid Mideast uncertainty Published: Sept. 14, 2026 - 09:19:37 Updated: Sept. 14, 2026 - 09:27:39 Seoul stocks opened sharply lower Monday, bucking advances on Wall Street, as geopolitical uncertainties in the Middle East pushed up oil prices. The benchmark Korea Composite Stock…...
Finance minister nominee says corporate tax cut not under consideration
1+ day, 2+ hour ago (413+ words) Business Finance minister nominee says corporate tax cut not under consideration Published: Sept. 13, 2026 - 20:33:27 Updated: Sept. 13, 2026 - 21:24:09 Finance Minister nominee Lee Hyoung-il said Sunday the he is not considering a corporate tax cut, citing the restoration of the corporate tax rate that…...
Suspected customs code misuse reports surge fourfold in 2 years
1+ day, 5+ hour ago (600+ words) National Suspected customs code misuse reports surge fourfold in 2 years Published: Sept. 13, 2026 - 17:36:38 Customs agency introduces authentication safeguards as stolen codes used for tax evasion and drug smuggling Reports of suspected misuse of personal customs clearance codes more than quadrupled in…...
KRX to extend trading hours from Monday
1+ day, 8+ hour ago (390+ words) The Korea Exchange, South Korea's main bourse operator, will launch a real-time after hours market Monday, extending trading until 8 p.m. and opening most Kospi...
SK chief says Big Tech AI data center cooperation gaining pace
1+ day, 8+ hour ago (164+ words) SK Group Chairman Chey Tae-won said Friday that the group’s cooperation with Big Tech companies on artificial intelligence data centers was advancing rapidly. “...
Foreign investors turn net sellers of S. Korean bonds in Aug.
1+ day, 11+ hour ago (78+ words) Foreign investors turned net sellers of South Korean bonds in August for the first time in about 3 1/2 years, industry data showed Sunday, as the yield advantag...
Seoul shares dip 1.76% on rising oil prices, inflation woes
3+ day, 13+ hour ago (466+ words) Business Seoul shares dip 1.76% on rising oil prices, inflation woes Published: Sept. 11, 2026 - 16:13:40 Seoul shares fell sharply Friday as surging oil prices heightened inflation concerns, with investors awaiting key US inflation data for clues about the Federal Reserve's future interest rate…...