SK hynix suspended plans to take its US semiconductor subsidiary Solidigm public, citing unfavorable capital market conditions. The freeze affects the company's efforts to raise capital and establish the unit as an independent public company. This delays a key diversification move for the chipmaker.
South Korea's central bank froze interest rates at its October policy meeting after raising them in July and August. The move affects borrowers (mortgage and business loans become cheaper to service temporarily) and savers (deposit rates remain elevated). The BOK maintains tight policy to combat inf
Image: KBS World (original article) The Bank of Korea (BOK) paused its rate-hiking cycle on Thursday, October 22, 2026, keeping its benchmark interest rate at …
President Lee Jae Myung called for aggressive police reform on Oct. 21 to address wrongful practices and institutional failures. The push reflects ongoing tensions between law enforcement accountability and crime prevention policy, a recurring debate in Korean governance.
Shinsung E&G CEO Lee Ji-sun purchased 115,600 shares (worth ~2 billion won) from founder/Chairman Lee Wan-keun using a stock-backed loan on Oct. 19. The two are father and daughter. The transaction signals potential succession planning in the family-controlled construction company but raises questio
Monthly rental (월세: short-term lease, typically with deposit) accounted for over 50% of Seoul apartment leases Jan–Sep 2026, per Seoul Real Estate Information Plaza data—a structural shift from deposit-heavy long-term leases. This affects renters seeking flexibility and landlords adjusting cash-flow
President Lee Jae-myung formally appointed Kim Ji-yong as the new Commissioner of the Serious Crimes Investigation Agency (the main body investigating high-level officials) on October 19. This agency investigates corruption and major crimes involving government figures and judges. The appointment re
Deputy PM Finance Minister Lee Hyoung-il projects 3-3.5% growth for 2026, citing strong demand for AI chips. This outlook affects savers (interest-rate expectations) and workers (hiring outlook). The forecast reflects Korea's reliance on semiconductor exports, which account for roughly 20% of total
South Korea's government froze fuel subsidies at the 11th price-cap level on Oct. 16, a temporary measure that caps how much drivers pay at the pump. The freeze affects all vehicle owners and small trucking operators who depend on stable fuel costs. Policymakers are debating whether to extend the su
Image: ETNEWS (original article) Rising memory chip prices are forcing Chinese smartphone makers to shrink their budget lineups, with some low-end models shelved entirely before …