Finance news

'World No. 1' An Se-young (Samsung Life) is back in action. The Korea Badminton Association announced on the 1st via its official account, 'Don't miss the chance to see the badminton queen, An Se-young, compete live! Join us in Yeosu.' The event will take place from the 3rd to the 8th for six days...

According to reports from Web Economy on the 1st, SK Discovery has appointed Yoon Byung-seok as the new CEO of SK Gas, while SK Hynix has established a new Americas division to respond to U.S. big tech clients. SK Corp. is focusing on improving affiliate operations...

On the 1st, at the Elysian Jeju Country Club (Par 72 | 6,924 yards) located in Jeju City, Jeju Island, the final round of the 28th tournament of the 2026 KLPGA Tour, the '20th S-OIL Championship (total prize money of 1 billion KRW, winner's prize of 180 million KRW)' is taking place...

On the 1st, the final round of the 20th S-OIL Championship (total prize money of 1 billion KRW, winner's prize of 180 million KRW), the 28th event of the 2026 season KLPGA Tour, was held at the Elysian Jeju Country Club (Par 72, 6,924 yards) located in Jeju City, Jeju Island.

On the 1st, the final round of the 20th S-OIL Championship (total prize money of 1 billion KRW, winner's prize of 180 million KRW), the 28th tournament of the 2026 season KLPGA Tour, was held at the Elysian Jeju Country Club (Par 72 | 6,924 yards) located in Jeju City, Jeju Island.

Teams must compete from the lowest level, the 'Qualifying Stage', to advance to the higher rounds. The highly anticipated Grand Finals to determine the tournament champion will be held from December 11 to 13 in Istanbul, Turkey. Photo: Krafton

Lee Jae-Yong, Chairman of Samsung Electronics, and Chey Tae-Won, Chairman of SK Group, are trending on social media for a video of them performing a girl group dance together. The video features Bang Si-Hyuk, Chairman of HYBE, former Ador CEO Min Hee-Jin, actress Na Moon-Hee, and the late Lee Soon-Jae dancing together...

The drill involved 10 relevant agencies including Yeongju City, Yeongju Fire Station, Yeongju Police Station, Korea Gas Corporation Daegu-Gyeongbuk Headquarters, Yeongju Red Cross Hospital, Army Unit 3260, and Yeongju Comprehensive Volunteer Center, along with 4 private organizations such as volunteer fire brigades and self-defense teams, as well as related public officials.

Lee Jae-Yong, Chairman of Samsung Electronics, visited the advanced semiconductor packaging research center (APL) in Yokohama, Japan on the 1st, where he inspected the site with Hiroichi Kawahira (left), Director of DS Research Japan, and Takashi Kariya, Head of the APL Lab. Photo courtesy of Samsung Electronics.

The Korea Baseball Organization (KBO) will begin ticket sales for the Korean Series between the KT Wiz and Samsung Lions, starting at 11 AM on the 2nd, ahead of the series opener on the 3rd. Tickets will be available through NOL (Yanolja), the exclusive seller for postseason tickets.

After finishing third in the regular season and defeating the LG Twins in the playoffs with three consecutive wins, KIA raised the excitement of fall baseball... They improved their performance in the second half of the season, finishing third in the regular season and winning three straight against LG in the playoffs...

Samsung Electronics also fell from 268,500 won to 225,000 won, a decline of 16.20%. The significant double-digit drops of Samsung Electronics and SK Hynix, which represent the domestic semiconductor industry, have limited the KOSPI's rebound.

The collateral contract for 58,651 shares of Duol provided by Jeong Jae-yeol, a related party of Duol, to Mirae Asset Securities has been extended to December 21. The largest shareholder, Motrex IFM, reported this in a large shareholder report submitted on the 27th.

The Gunsan shipyard has not completed any vessels since HD Hyundai Heavy Industries ceased operations in 2017. A special purpose company, J Ocean Industries, established by Eco Prime Marine Pacific, the largest shareholder of HJ Heavy Industries, signed a 780 billion won agreement with HD Hyundai Heavy Industries last June.

IS Dongseo, the largest shareholder of Insun ENTI, announced changes to its stock-related agreements. On the 27th, IS Dongseo submitted a report on its large shareholding status to the Financial Supervisory Service's electronic disclosure system, fulfilling its reporting obligations.

Among the three domestic battery companies, LG Energy Solution secured an ESS order backlog of 140GWh as of early this year and is the first non-Chinese company to locally produce LFP batteries in North America at its Michigan plant. Samsung SDI signed a 2 trillion won deal with a U.S. company last December...

The PGS hosted by Krafton will combine three tournaments into a single 'circuit' to accumulate scores starting this year. PGS12 is... Meanwhile, Krafton will rename the domestic league 'PUBG Weekly Series (PWS)' to 'PUBG Korea League (PKL)' starting next year.

According to Kakao Pay's analysis in the '2025 Money Report', the average amount sent using wedding cash gift envelopes exceeded 100,000 won for the first time last year. This is double the approximately 50,000 won in 2019. Concerns about cash gifts...

It was analyzed that this reflects the impact of reduced equity method profit due to Hyundai Motor's poor performance (-40% YoY) and foreign exchange asset valuation losses due to currency fluctuations. Researcher Kim noted that the sales growth is backed by the combined global sales of Hyundai and Kia, which have increased YoY for four consecutive quarters.

|Central Economy News Reporter Yoon Nam-woong| China's Changxin Memory Technologies (CXMT), which is challenging the global DRAM market led by Samsung Electronics and SK Hynix, announced progress in the development of next-generation semiconductor technology. The memory cell...

The number of shares included in the stock collateral loan agreement of EcoPro's largest shareholder, Lee Dong-chae, has increased. The combined ownership stake of Lee Dong-chae and related parties remains at 25.53%. This was submitted to the Financial Supervisory Service's electronic disclosure system (DART) on the 30th.

According to the bill, the South-West Investment Corporation to be established will have a legal capital of 5 trillion won, with the government as the largest shareholder, along with major institutions such as Korea Development Bank, Korea Export-Import Bank, and Korea SMEs and Startups Agency.

Hanwha Life held a sports day for young cancer survivors and their families to assist in their recovery and reintegration into society. The 'We Care Reset' initiative, which started in 2024, has seen participation from over 380 individuals this year, helping young people embrace new beginnings.

Led by the Ministry of Science and ICT, military, police, fire services, Korea Electric Power Corporation, local governments, and major telecommunications companies collaborated. KT assessed the situation immediately after the disaster, informed relevant agencies, and activated the disaster response headquarters. Subsequently, power, wireless, lines, and telephone...

KOTRA, in collaboration with the Ministry of Climate, Energy and Environment, the Korea Environmental Industry Association, and POSCO International, dispatched the '2026 Australia Green and Energy Trade Delegation' to Melbourne, Australia from October 27 to 30. Overview of the Korean Pavilion at the All-Energy Exhibition in Australia....

The Ministry of Science and ICT announced on the 1st that Kim Se-woong, former Vice President of Kakao and AI Synergy Performance Leader, has been appointed as the head of the National AI Service Innovation Promotion Team. Kim founded and managed the tech startup MightyWorks in 2009 before joining Kakao.

Kang Kyung-Doo of Celltrion exercised stock options to acquire 1,000 common shares. The report under Kang's name was also posted on the Financial Supervisory Service's disclosure list for Celltrion investors as of October 30.

Wonju DB triumphed 104-98 against Changwon LG in the second round of the 2026-2027 KCC Professional Basketball League held at Changwon Gymnasium on the 1st. In a tightly contested match, DB gained an advantage in firepower to secure a valuable victory, ending their two-game losing streak.

Shinsegae Department Store will begin broadcasting Christmas videos on the media facade of its main store on the 6th, while Galleria Department Store... Shinsegae Department Store is expanding last year's holiday market, which was held at its Gangnam and main stores, to a total of four locations including Daejeon and Centum City stores.

Kim Sung-hee, an executive at LG Display, purchased 7,087 common shares. According to a report submitted to the Financial Supervisory Service's electronic disclosure system on October 29, the purchase date was October 28, and the acquisition price per share was...