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News
KRX seeks clarity on ETF after-market participation amid industry pushback
1+ day, 2+ hour ago (781+ words) Business KRX seeks clarity on ETF after-market participation amid industry pushback Published: Aug. 7, 2026 - 16:29:06 Updated: Aug. 7, 2026 - 16:30:36 Exchange seeks to verify whether firms have finalized decisions not to participate and assess demand changes after suspending applications The Korea Exchange will urgently convene…...
Kakao wage deal ends labor dispute after first-ever strikes
1+ day, 1+ hour ago (59+ words) Kakao said Friday it has reached a final wage agreement with its labor union, bringing an end to a dispute that led to the company’s first strikes since its fou...
Heat illness? Gyeonggi insurance covers foreign residents
1+ day, 1+ hour ago (81+ words) As temperatures approach 40 degrees Celsius across the Greater Seoul area, registered foreign residents of Gyeonggi Province may be eligible for insurance payme...
Hyundai Department Store, KOCCA partner to help fashion brands tap overseas markets
1+ day, 5+ hour ago (126+ words) Hyundai Department Store said Friday it had signed a memorandum of understanding with the Korea Creative Content Agency to help Korean fashion brands expand int...
Ediya Coffee offers discounts for foreign customers via Alipay+ promotion
1+ day, 7+ hour ago (372+ words) Business Ediya Coffee offers discounts for foreign customers via Alipay+ promotion Published: Aug. 7, 2026 - 10:44:03 Ediya Coffee said Friday it was offering discounts to foreign customers through a promotion with cross-border digital payment platform Alipay+, aiming to improve payment convenience for international…...
Naver Q2 net income up 41.6% as AI boosts core biz
1+ day, 9+ hour ago (176+ words) Naver Corp., South Korea's largest online portal operator, said Friday its second-quarter net profit rose from a year earlier, as artificial intelligence helped...
[Editorial] Leveraged ETF fallout
1+ day, 13+ hour ago (703+ words) Published: Aug. 7, 2026 - 05:30:01 Korea must restore policy credibility after financial populism fuels market turmoil Markets have a habit of exposing political wishful thinking. They can absorb disappointing earnings and slower growth. They are far less forgiving when governments try to rewrite…...
KT&G raises outlook after record first-half revenue
2+ day, 1+ hour ago (189+ words) KT&G delivered double-digit profit growth for a fourth straight quarter, posting record first-half revenue as its profitability strategy and robust overseas sal...
Daewoo E&C taps new CEO nominee
2+ day, 1+ hour ago (499+ words) Business Daewoo E&C taps new CEO nominee Published: Aug. 6, 2026 - 17:19:29 Veteran insider to lead Korean builder into next growth phase Daewoo Engineering & Construction said Thursday that CEO Kim Bo-hyun has decided to step down voluntarily ahead of the expiration of…...
Did NPS rebalancing delay amplify Kospi volatility?
1+ day, 23+ hour ago (732+ words) Published: Aug. 6, 2026 - 15:11:27 Unlike global peers, Korea’s pension fund delayed stock sales during rally, potentially leaving less room to cushion reversal The National Pension Service rode the Kospi above 9,000 to record returns. Its decision not to rebalance aggressively during the rally,…...