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Shares of Samsung Electronics surpassed 300,000 won ($198) in intraday trading for the first time Friday, marking a new milestone as the labor union's walkout has been suspended. Samsung Electronics started trading at 300,000 won in regular trading on the day, rising to as high as 300,500 won. It later pared the gains on profit-taking and stood at 294,000 won as of 10:40 a.m. Though the memory chip giant touched the 300,000 won mark in pre-trading Thursday, following the last-minute tentative la
Hana Financial Group is investing 1 trillion won ($667 billion) in Dunamu, operator of Korea's largest crypto exchange Upbit, in the biggest tie-up yet between a major Korean banking group and a domestic digital asset firm. Hana disclosed Friday that its board approved the purchase of 2,284,000 Dunamu shares from Kakao Investment for 1.033 trillion won. The deal will give Hana a 6.55 percent stake in Dunamu, making it the company's fourth-largest shareholder after founder and Chair Song Chi-hyun
Shinhan Card said Thursday it had signed a memorandum of understanding with Solana Foundation to collaborate on stablecoin payment technologies and expand its high tech payment ecosystem. The companies plan to conduct an advanced proof-of-concept building on a preliminary PoC completed last year, to jointly explore commercial opportunities in various sectors. Using the Solana testnet, they will develop payment scenarios between customers and merchants while assessing the technical stability of t
Gentle Monster vs. Blue Elephant: Behind K-eyewear's global boom, a bitter battle over imitation
Musinsa brings Japanese fashion to Seoul with Zozotown
AmCham chief receives honorary doctorate from Korea Aerospace University
Korea's manufacturing jobs rise for first time in 27 months
Bentley hits the battlegrounds in PUBG's latest update
Samsung's top brass convene in Tokyo as Japan chip ties deepen