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BUSINESS

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LATEST NEWS
  • US seeks to denuclearize N. Korea in 'big bites': official
  • Leaders of S. Korea, India celebrate 150th anniversary of birth of Gandhi
  • FC Seoul head coach vows to restore club's reputation in 2019
  • Court finds medical staff not guilty in deaths of 4 newborns
  • Speed skater stands by harassment allegations against ex-teammate, claims t...
  • S. Korea to offer incentives to firms over job creation
  • For six decades, diva Lee Mi-ja sings with heart
  • Value of Yongbyon nuclear site underestimated: think tank
  • Samsung frontloads new Galaxy releases in bid to revive sales
  • [Graphic News] Koreans’ attendance rate of cultural and arts events tops 8...
  •  
  • [Monitor] Korea vows to create new innovative cities

    The South Korean government has decided to promote specific business interests by city and region for the sake of balanced regional development, injecting some 56 trillion won ($50.1 billion) over th...

    Jan 30, 2019

    Economy
  • SK Holdings invests $100m in US smart glass maker

    SK Holdings, the holding company of the nation’s second-largest conglomerate by market cap, has invested $100 million into American smart glass manufacturer Kinestral in a deal that gives the Korean ...

    Jan 30, 2019

    Automode
  • [Advertorial] Eximbank employees volunteer at soup kitchen

    The Export-Import Bank of Korea said Wednesday that its employees had taken part in a volunteer activity near Seoul Station on Tuesday, handing out food to people in need to mark the beginning of the...

    Jan 30, 2019

    Industry
  • Hyundai’s Genesis to debut in China, but faces hurdles

    South Korean auto giant Hyundai Motor is planning to launch its luxury brand Genesis in China, seeking a change in its sales strategy that has only targeted the mass market for years. Hyundai Motor ...

    Jan 30, 2019

    Automode
  • Samsung founder’s eldest daughter dies at 90

    Lee In-hee, an adviser to Hansol Group and the eldest daughter of Samsung Group founder Lee Byung-chull, died of an illness Wednesday. She was 90. Born in 1929, Lee was the eldest daughter of Lee By...

    Jan 30, 2019

    Industry
  • SK Telecom’s T Map to help Grab drivers in Singapore navigate

    SK Telecom’s navigation system T Map will run on vehicles of Singapore’s biggest car-sharing service provider Grab within the first quarter of the year, the South Korean mobile carrier said Wednesday...

    Jan 30, 2019

    Technology
  • Nexon’s future in doubt as Kakao mulls bid for gaming company

    South Korea’s top chat app operator Kakao has confirmed that it is reviewing a bid for gaming company, Nexon, but a rumored rival bid from Chinese gaming giant Tencent could prove stiff competition. ...

    Jan 30, 2019

    Industry
  • FSC vows to ease listing rules for 3rd bourse, rejuvenate SME investment

    South Korea’s chief regulator said Wednesday that it plans to ease listing rules for the nation’s tertiary bourse, focused on startups and small and medium-sized firms, to reform the capital market a...

    Jan 30, 2019

    Finance
  • Posco posts W5tr in operating profit for 2018, up 20%

    Steelmaker Posco’s operating profit surpassed 5 trillion won ($4.4 billion) for the first time in seven years due mainly to record-high profits from its overseas arms in Indonesia and India, accordin...

    Jan 30, 2019

    Industry
  • Hyosung hosts MIT industrial liaison program

    South Korean conglomerate Hyosung Corp. hosted a seminar with academics and researchers from the Massachusetts Institute of Technology in an effort to seek new business models, according to the firm ...

    Jan 30, 2019

    Industry
  • Kepco chief positive about Saudi Arabia’s nuclear bid

    With a month to go before Saudi Arabia shortlists bidders for its nuclear power plants, the chief of South Korea’s state-run utility company Kepco believes preparation for the bid is going well. Sau...

    Jan 30, 2019

    Industry
  • Seoul studio apartment rent prices highest in December, lowest in April

    The monthly rental price of one-room studio apartments in Seoul was highest in December and lowest in April last year, according to data released by South Korea’s real estate and housing listing site...

    Jan 30, 2019

    Economy
  • LG Electronics, Naver sign MOU on robot R&D

    South Korean home appliance maker LG Electronics Inc. and portal operator Naver Corp. on Wednesday agreed to jointly develop an advanced guidance robot based on the high-tech mobility platform. LG E...

    Jan 30, 2019

    Industry
  • Ilpoom Jinro 1924 gift set released for Lunar New Year

    HiteJinro will be releasing premium a soju gift set for the upcoming holiday, the company said Wednesday. In a promotion using the latest consumer trend favoring “sohwakhaeg,” or “small but fully sa...

    Jan 30, 2019

    Industry
  • Korea to come up with measures to boost exports

    South Korea's finance minister said Wednesday that the government will come up with measures next month to boost exports amid concerns that overseas shipments would contract in January from a year ea...

    Jan 30, 2019

    Economy
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