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1 day ago | 
pulse.mk.co.kr | Woo Jae-yoon |Kim Dae-eun |Moon Jae-yong |Han Yubin
South Korean steel giant POSCO Group has decided to invest nearly 1 trillion won ($706 million) in its secondary battery materials affiliates, including POSCO Future M Co., to support capacity expansion and stabilize operations. POSCO Holdings held a board meeting on Tuesday and approved a total investment of 922.6 billion won through a capital increase in three subsidiaries — POSCO Future M, POSCO-Pilbara Lithium Solution, and POSCO GS Eco-Materials.
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1 day ago | 
pulse.mk.co.kr | Shin Yoo-geoung |Yu Jun-ho |Han Yubin
South Korea’s state-run power utility Korea Electric Power Corp. (KEPCO) reported its strongest first-quarter earnings since 2016, driven by electricity rate hikes and declining international fuel prices. KEPCO announced on Tuesday that it posted an operating profit of 3.75 trillion won ($2.6 billion) in the first quarter, up 188.9 percent from the same period a year earlier. Sales rose 4 percent year-on-year to 2.22 trillion won.
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2 days ago | 
pulse.mk.co.kr | Shin Yoo-geoung |Han Yubin
With the final round of tariff negotiations with the United States set for July, South Korea is taking steps to address the U.S. concerns of trade imbalance by boosting energy imports from the U.S.Korea National Oil Corp. (KNOC) plans to replace 6 million barrels of Middle Eastern crude with U.S. light crude at its oil reserve base in Yeosu, South Jeolla Province. The replacement involves triple the volume from previous years.
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2 days ago | 
pulse.mk.co.kr | Lee So-yeon |Han Yubin
South Korea’s Lotte Non-Life Insurance Co. said Monday it has decided to delay the redemption of 90 billion won ($63 million) in subordinated bonds after failing to win approval from the country’s financial watchdog.
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2 days ago | 
pulse.mk.co.kr | Woo Jae-yoon |Han Yubin
Chung Ki-sun, executive vice chairman of South Korea’s HD Hyundai Co. will meet with Aramco Downstream President Mohammed Y. Al Qahtani on Tuesday to discuss cooperation in shipbuilding and energy sectors, industry sources said. Al Qahtani, seen as a likely successor to Aramco CEO Amin H. Nasser, is in Korea for high-level meetings as the state-owned oil giant deepens strategic ties with Korean firms.
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3 days ago | 
pulse.mk.co.kr | Chu Dong-hun |Han Yubin
South Korea’s top business groups unveiled a list of 100 key policy recommendations for the country’s next administration on Sunday, placing artificial intelligence (AI) at the forefront of efforts to overcome stagnant growth. The list, which is spearheaded by five major economic organizations, calls for the adoption of the so-called the AI 3+3 Initiative Policy to foster a virtuous cycle linking energy, data, and talent with infrastructure, AI models, and industry-wide reform.
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4 days ago | 
pulse.mk.co.kr | Han Yubin
Seoul Money Show 2025, South Korea’s largest financial investment expo, saw a strong turnout on its final day, particularly among younger visitors. The turnout highlights growing public interest in financial education and personal finance strategies amid the current economic uncertainty. Held at COEX in Gangnam District, Seoul, the event saw long lines forming an hour before opening on May 10th, 2025, despite the weather.
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6 days ago | 
pulse.mk.co.kr | Kim Si-gyun |Han Yubin
South Korean cinema operators Lotte Cultureworks Co. and MegaboxJoongang Inc. signed an agreement to merge, a move that could reshape the country’s struggling theater industry. Lotte Cultureworks, a unit of Lotte Shopping Co. that operates Lotte Cinema, and Megabox, which is owned by MegaboxJoongang, inked a memorandum of understanding (MOU) on Thursday to pursue the merger.
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6 days ago | 
pulse.mk.co.kr | Woo Jae-yoon |Han Yubin
South Korea’s steel exports to the United States rose nearly 15 percent in April from a year ago despite tariffs imposed by the Trump administration, data showed on Thursday. According to data released by the Korea Iron & Steel Association, the country’s steel exports to the U.S. stood at 237,774 tons in April, up 14.9 percent from the same month a year ago. Shipments to the U.S. had declined 13.9 percent on year in March.
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1 week ago | 
pulse.mk.co.kr | Yu Jun-ho |Han Yubin
The Czech government pre-approved a $18 billion contract with South Korea’s KHNP to build two new nuclear reactors at Dukovany, clearing all regulatory hurdles ahead of a final court ruling. Czech Prime Minister Petr Fiala said on Thursday the deal would be signed “without delay” once the court lifts an injunction, which is blocking the agreement due to a legal challenge from France’s EDF, which also participated in the bid.
