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Money

Markets, companies, and the economy at home and abroad.

BOK Governor Signals More Hikes Ahead After Rate Rises to 3 Percent

By Korea First Staff

KB Financial Narrows Chairman Race to Three as Yang Seeks Another Term

By Korea First Staff

The Bank of Korea sign is mounted on the building's facade above a statue in the foreground.

Bank of Korea Delivers Second Straight Rate Hike, Pushes Base Rate to 3 Percent

By Korea First Staff

A speaker stands on stage in front of a large screen reading 2026 CEO Investor Day, Hyundai Motor Company.

Hyundai Sets Sights on 100 New Models and a 9 Percent Margin by 2030

By Korea First Staff

An aerial view of Incheon Global Campus in Songdo shows university buildings, a stadium, and tennis courts among the city's towers.

Stanford's Songdo Center Closes After 12.3 Million Dollars in Korean Support

By Korea First Staff

A granite marker with the Financial Supervisory Service name in Korean and English stands in front of the agency's building in Seoul.

Most FSS Staff Say They Would Quit Over a Move to Sejong

By Korea First Staff

Kakao's Spin-Off Plan Hits a Wall of Investor Skepticism

By Korea First Staff

Samsung Electronics Unveils Record Shareholder Payout of Up to $79.6 Billion for 2026

Samsung Electronics Unveils Record Shareholder Payout of Up to $79.6 Billion for 2026

By Paul

Seoul Holds Fuel Price Ceilings Steady as Middle East Tensions Keep Oil Markets on Edge

Seoul Holds Fuel Price Ceilings Steady as Middle East Tensions Keep Oil Markets on Edge

By Paul

Portraits of SK Group Chairman Chey Tae-won and his former wife Roh Soh-yeong side by side.

A Demand for Cash Reportedly Pushed SK's Chairman to Appeal a 666 Million Dollar Divorce Bill

By Korea First Staff

TerraPower board chairman Bill Gates shakes hands with HD Hyundai Chairman Chung Ki-sun.

HD Hyundai and SK Back Bill Gates' TerraPower in a Push into Small Reactors

By Korea First Staff

The land minister speaks at a government briefing.

Government Plans 230,000 New Homes for the Seoul Area to Tame Housing Prices

By Korea First Staff

Shoppers crowd the aisles of a reopened Homeplus store.

Homeplus Reopens to Crowds and Half-Price Beef, but the Court Still Looms

By Korea First Staff

A man in a bucket hat looks out over a dense skyline of high-rise apartments in Gyeonggi Province.

Gyeonggi Presses Seoul to Extend Jeonse Fraud Relief to Foreign Victims

By Korea First Staff

Workers wave white flags at an outdoor union rally.

Rich Chip Bonuses at Samsung and SK Are Unlikely to Become a Korean Norm

By Korea First Staff

Industry Minister Kim Jung-kwan gestures with both hands while speaking into a microphone at a podium.

Trade Minister Says US Lawmakers Misread Coupang as a Pipeline for American Goods

By Korea First Staff

Finance Minister Koo Yun-cheol speaks at a Ministry of Finance and Economy briefing beside a sign-language interpreter.

Korea's Tax Overhaul Zeroes In on Costly Second Homes While Sparing Owner-Occupiers

By Korea First Staff

Two people look at a currency exchange board displaying dollar, euro, yen and yuan rates at a booth in Korea.

The Won Posts Its Best Month Since 2009 as Dollars Flow Back In

By Korea First Staff

Students line up outside a university job support center in Seoul.

Most Young Koreans Expect Their Country to Be Worse Off in 20 Years, Survey Finds

By Korea First Staff

An electronic board at a Seoul dealing room shows the KOSPI at 5,593.56 and the won at 1,437.50 against the dollar.

A Leveraged ETF Blowup Puts Lee's Economic Team on the Defensive

By Korea First Staff

Foreign seasonal workers in conical hats harvest potatoes and load them into crates in a Korean field.

Foreign Residents Cross 4 Percent of Korea's Population as the Workforce Grays

By Korea First Staff

What's Driving Tungsten Demand?

What's Driving Tungsten Demand?

By Adrian Sydenham

Korean and global tech executives clasp hands together over a small robot at a waterside gathering in San Francisco.

Korean and Global Tech Giants Seal 950 Billion Dollars in AI Cooperation Deals

By Korea First Staff

A woman stands before a large screen showing the KOSPI index at 7,096.89, up 4.40 percent.

KOSPI Storms Back Above 7,000 as Alphabet Reignites the AI Trade

By Korea First Staff

The Hyundai Motor and Kia headquarters towers in Seoul under a clear sky.

A Supplier Fire Cuts Into Hyundai's Second-Quarter Profit

By Korea First Staff

Stacked shipping containers and cargo cranes at a South Korean port terminal.

Korea's Economy Beats Expectations With 0.6 Percent Growth in Second Quarter

By Korea First Staff

A trading floor display showing the KOSPI index alongside Samsung Electronics and SK hynix quotes, all marked with downward arrows

Tighter Rules on Leveraged Chip ETFs Draw Anger From the Investors They Protect

By Korea First Staff

Finance Minister Koo Yun-cheol speaking into a microphone at a government meeting, papers in front of him

Finance Minister Turns to Summit Deals as Washington Weighs a 12.5 Percent Tariff

By Korea First Staff

The Samsung Biologics headquarters building, a dark glass facade photographed from below against a blue sky

Samsung Biologics Buys Swiss Peptide Maker PolyPeptide in a $1.8 Billion Cash Deal

By Korea First Staff

Hanwha Solutions Settles on a 1.2 Trillion Won Rights Offering, Half Its Original Plan

By Korea First Staff

A bank employee counting a fan of 50,000 won notes behind stacked bundles of cash

Foreign Investors Will Be Able to Hold Won Abroad Without a Korean Bank Account

By Korea First Staff

Government economic officials seated at a podium during a joint policy briefing, with a sign language interpreter behind them

A Chip-Led Export Surge Puts Per Capita GDP Within Sight of $40,000

By Korea First Staff

Lee Han-woong, chief executive of Santen Pharmaceutical Korea, standing before a wall displaying the company's values and mission statement

Santen Korea's Lee Han-woong Named Among Korea's Most Respected CEOs

By Korea First Staff

Lee Joo-ho, chief executive of Gowoonsesang Cosmetics, in a linen jacket with arms folded against a neutral backdrop

Gowoonsesang's CEO Builds a Workplace Around an Idea He Calls Protectorship

By Korea First Staff

Chung Seung-wook, general manager of Herbalife Korea, in a grey suit against a pale studio backdrop

Herbalife Korea Rebuilt Its Culture After Its Own Staff Survey Fell Short

By Korea First Staff