Latest

  • SK hynix to cancel 12.24 trillion won in treasury shares to boost shareholder value
    SK hynix to cancel 12.24 trillion won in treasury shares to boost shareholder value SK hynix said in a regulatory filing on Tuesday that it has decided to cancel 12.24 trillion won ($12.24 trillion) worth of its own shares. The company will cancel 15.3 million common shares on Feb. 9. The par value is 5,000 won per share. SK hynix said the cancellation will be carried out under the proviso to Article 343(1) of the Commercial Act, using treasury shares previously acquired within the limit of distributable profits and canceled by a board resolution. It said the January 28, 2026
  • SK hynix posts record annual revenue of 97.1 trillion won and operating profit of 47.2 trillion won
    SK hynix posts record annual revenue of 97.1 trillion won and operating profit of 47.2 trillion won Breaking: SK hynix posts record annual revenue of 97.1 trillion won and operating profit of 47.2 trillion won* This article has been translated by AI. January 28, 2026
  • Ruling, opposition parties agree to pass 90 noncontroversial bills; filibuster dropped
    Ruling, opposition parties agree to pass 90 noncontroversial bills; filibuster dropped The ruling and opposition parties agreed to pass 90 noncontroversial livelihood-related bills at Wednesday’s plenary session. The People Power Party said it will withdraw its filibusters on those bills. Cheon Jun-ho, floor operations deputy chief of the Democratic Party, and Yoo Sang-bum, floor operations deputy chief of the People Power Party, said they reached the deal Tuesday during talks at the National Assembly on the plenary agenda. Cheon said that of 175 bills slated for the plena January 28, 2026
  • SK hynix Q4 revenue tops 32 trillion won, a quarterly record
    SK hynix Q4 revenue tops 32 trillion won, a quarterly record SK hynix Q4 revenue tops 32 trillion won, a quarterly record SK hynix said its fourth-quarter revenue topped 32 trillion won, setting a record for the company’s quarterly sales.* This article has been translated by AI. January 28, 2026
  • Lotte Cinema Unveils February Exclusive “Lottepick” Animation Lineup
    Lotte Cinema Unveils February Exclusive “Lottepick” Animation Lineup Lotte Cinema has announced its February lineup for “Lottepick,” a series of exclusive theatrical releases. With animation emerging as a major draw at the box office, the chain said it curated three themed titles aimed at both families on school break and dedicated animation fans. “I Am Star! X Pripara The Movie -Miracle of Encounter!-,” a collaboration marking the 10th anniversary of “I Am Star!” and “Pripara,” will open exclusively on Feb. 4. The two franchises are long-running staples January 28, 2026
  • Former first lady sentenced to 20 months in prison for bribery charges
    Former first lady sentenced to 20 months in prison for bribery charges SEOUL, January 28 (AJP) - Former first lady Kim Keon Hee was sentenced on Wednesday to one year and eight months in prison for accepting bribes, one of multiple allegations against her. In a televised verdict, the Seoul Central District Court in southern Seoul found her guilty of accepting luxury handbags and jewelry in return for favors from secretive religious sect Unification Church, better known as the Moonies. However, it dismissed charges that she was allegedly involved i January 28, 2026
  • South Korea to End Capital-Area Commuter Buses Run by Relocated Public Agencies
    South Korea to End Capital-Area Commuter Buses Run by Relocated Public Agencies Public agencies that relocated outside the Seoul metropolitan area will be required to stop operating chartered commuter buses to and from the capital region, a move aimed at strengthening the effectiveness of the relocation policy. The government said it will also prepare measures to improve living conditions in innovation cities. According to the government on Tuesday, the Ministry of Land, Infrastructure and Transport sent official notices to public agencies on Monday and Tuesday inst January 28, 2026
  • South Korea to Launch Public Growth Fund in June, Begins Design Talks
    South Korea to Launch Public Growth Fund in June, Begins Design Talks South Korea’s Public Participation Growth Fund is expected to be launched and sold around June. The Financial Services Commission said it held its first task force meeting on Tuesday to discuss the fund’s product structure and management plan. The policy fund is designed to let ordinary investors make long-term investments in advanced strategic industries through a publicly offered fund. The public fund will spread money across multiple sub-funds managed by private investment professiona January 28, 2026
  • SK hynix to Cancel 12.24 Trillion Won in Treasury Shares
    SK hynix to Cancel 12.24 Trillion Won in Treasury Shares * This article has been translated by AI. January 28, 2026
  • ADOR Says Min Hee Jin’s NewJeans Tampering Claims Should Be Settled in Court
    ADOR Says Min Hee Jin’s NewJeans Tampering Claims Should Be Settled in Court ADOR distanced itself from a news conference held by former CEO Min Hee Jin’s side over allegations of “tampering” involving K-pop group NewJeans. After the news conference on Tuesday, ADOR said, “If they have claims, it’s something to be argued in court.” Earlier Tuesday, a news conference titled “The truth about tampering by former ADOR CEO Min Hee Jin and the Dabolink stock price manipulation case” was held at the Kyowon Jonggak Building in Seoul’s Jongno district. Kim Sun Woong, a January 28, 2026