Latest
-
Lee Jae Myung urges expanded defense, energy cooperation with Qatar in meeting with emir’s envoy
President Lee Jae Myung asked Qatar to expand cooperation with South Korea in areas including defense, the defense industry and energy, his office said Tuesday. Cheong Wa Dae spokesperson Kim Nam Jun said in a written briefing that Lee met in the morning with Mohammed bin Abdulaziz Al-Khulaifi, a special envoy of Qatar’s emir. Lee said the envoy’s swift visit after last week’s phone call with Emir Sheikh Tamim bin Hamad Al Thani showed “the two countries’ firm commitment to cooperation.
January 28, 2026
-
KOSPI's bull run pushes South Korea to world's 10th-largest stock market
SEOUL, January 28 (AJP) - South Korea's benchmark KOSPI continued its bull run, closing at 5,170.81, while the junior KOSDAQ also finished above the 1,100 level at 1,133.52. The weeks-long rally that began at the start of the new year has lifted South Korea's stock market to a valuation of $3.25 trillion, surpassing Germany's $3.22 trillion and making it the world's 10th-largest stock market, just behind Taiwan, according to Bloomberg's compiled data. Wednesda
January 28, 2026
-
KSD: 25 Listed Companies Changed Par Value Last Year, Down 12 From Prior Year
The Korea Securities Depository said on Tuesday that 25 listed companies, including Young Poong Co., changed their shares’ par value last year, down 12 from the previous year. By market, five companies on the Korea Exchange’s main board and 20 on the Kosdaq carried out par value changes, down two and 10, respectively. Par value changes include stock splits and reverse stock splits. By type, 13 companies conducted stock splits, often aimed at improving trading liquidity, while 12 carried
January 28, 2026
-
HiteJinro’s Filite Hits Record 2025 Shipments; Cass Tops Brand Hall of Fame Again
HiteJinro’s Filite posts record 2025 shipments HiteJinro said Tuesday that 2025 annual shipments of Filite, the top brand in South Korea’s malt-based sparkling beer category, reached about 340 million cans (based on 350 milliliters), the highest on record. Cumulative sales totaled 2.66 billion cans, nearing 2.7 billion. According to Nielsen Korea data through December 2025, Filite kept its No. 1 position, widening its lead over the No. 2 brand by more than fourfold. It ranked first in sa
January 28, 2026
-
Blue House Says End of Multiple-Home Tax Surcharge Grace Period Follows Administrative Principles
Breaking: The Blue House said ending the grace period for heavier taxes on owners of multiple homes is a matter of administrative principle, adding it is reviewing whether to allow a one- to two-month extension.* This article has been translated by AI.
January 28, 2026
-
Kim Keon Hee Says She Accepts Court’s Stern Criticism, Apologizes for Concern
Breaking: Kim Keon Hee said she “humbly accepts” the court’s stern criticism and apologized for causing concern.* This article has been translated by AI.
January 28, 2026
-
Celltrion, Hanmi, Dong-A ST, HLB and Jaseng report U.S. growth, deals and approvals
Celltrion’s Zymfentra posts record weekly prescriptions, ramps up U.S. marketing Celltrion said Wednesday that prescriptions for its subcutaneous infliximab treatment Zymfentra rose about 27% from the same period a month earlier and about 352% from a year earlier, based on the second week of January. The company said the figure was the highest weekly total prescriptions (TRx) recorded since the drug’s U.S. launch in March 2024, according to IQVIA. Celltrion said its ongoing online and o
January 28, 2026
-
South Korea’s Black Eagles Get First-Ever Refueling Support at Japan Air Base
South Korea’s Air Force aerobatic team, the Black Eagles, received refueling support at a Japan Air Self-Defense Force base. The Yomiuri Shimbun and other outlets reported that the team refueled Tuesday at the JASDF base in Naha, Okinawa. It was the first time the JASDF has provided refueling support to a South Korean Air Force aircraft. The aircraft departed from Wonju Air Base in Gangwon Province and arrived at Naha around 10 a.m., one after another. Pilots also met with JASDF personn
January 28, 2026
-
South Korea’s Kospi Closes at Record 5,170.81; Kosdaq Jumps 4.7%
South Korea’s Kospi, which has held above the 5,000 mark, set another record high on Tuesday, extending gains from the previous session. The Kosdaq surged more than 4% to finish above 1,130. According to the Korea Exchange, the Kospi rose 85.96 points, or 1.69%, to close at 5,170.81. It opened up 60.54 points, or 1.19%, at 5,145.39 and climbed further on buying by foreign and institutional investors. In the main market, foreigners bought a net 574.2 billion won and institutions bought a
January 28, 2026
-
Kia Says U.S. Tariffs Cut Profit; Bets on Hybrids and EVs to Rebound
Kia said U.S. tariffs pushed its operating profit below 10 trillion won for the first time in three years, and it expects its annual tariff bill to remain above 3 trillion won despite a lower rate. The automaker said it plans to expand sales in major markets including the United States, Europe and India and step up cost-cutting to restore operating profit to 10 trillion won this year. In a regulatory filing on Tuesday, Kia reported 114.1409 trillion won in revenue last year and 9.0781 t
January 28, 2026