Rubber duck artist shrugs off disputed Lotte tie

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KRX unveils 4 new dividend indices

South Korea's bourse operator on Tuesday unveiled a set of new indices that track high dividend-paying stocks, hoping that they will serve as key investment tools in the era of low market rates and low growth.The four new indices -- the KOSPI high dividend index, the KRX high dividend inde...

Updated : 2014.10.21 15:30

SK hynix develops world's highest density backup memory chip

SK hynix Inc., South Korea's No. 2 chipmaker, said Tuesday it has developed a non-volatile memory module with the highest density in the industry, further enhancing data stability and restoration.  The 16-gigabyte, non-volatile Dual In-line Memory Module(NVDIMM) is based on 4 gigabit dyn...

Updated : 2014.10.21 15:01

SK Telecom publishes S. Korea's first 5G white paper

SK Telecom Co., South Korea's top mobile carrier, said Tuesday it has published the nation's first white paper on the fifth-generation mobile communications technology to introduce the key features and prospects for the industry.SK Telecom unveiled the paper during the 5G Global Summit, a ...

Updated : 2014.10.21 14:59

Samsung promises 5G debut at 2018 PyeongChang Olympics

Samsung Electronics, the world's largest handset maker, is making aggressive efforts to launch products based on the fifth-generation (5G) network in time for upcoming international sport events, its senior official said Tuesday.While 5G has yet to become a standard, the South Korean tech ...

Updated : 2014.10.21 14:07

S. Korea's corporate bill default rate slips in Sept.

The default rate of corporate bills in South Korea dipped in September compared with the previous month when the figure soared to the highest level in more than three years, central bank data showed Tuesday.The default rate of corporate bills -- bonds, checks and promissory notes -- reache...

Updated : 2014.10.21 14:06

Korean Air starts code sharing arrangement with LAN Peru

Korean Air Lines Co., South Korea's largest full-service carrier, said Tuesday that it has started offering daily code-shared flights with LAN Peru S.A., that can greatly enhance travelers' convenience.The move allows people who want to fly from Incheon International Airport (IIA) to Lima'...

Updated : 2014.10.21 13:59

5G network needs more frequency spectrum: Ericsson official

The fifth-generation (5G) wireless mobile technology will require new frequency spectrum to embrace the rising long-term data traffic demand for mobile communication, said a senior official at Ericsson, the Sweden-based multinational wireless network gear provider.Jan Farjh, vice president...

Updated : 2014.10.21 11:08

KT opens APG network center in Busan

South Korea's top fixed-line network operator KT Corp. said Tuesday it has launched the Asia Pacific Gateway (APG) Network Operation Center in Busan to manage the submarine cable connecting South Korea and eight Asian countries."By opening the center, KT will take its role as the leader of...

Updated : 2014.10.21 11:04

S. Korea's tax collection down 300 bln won in 1st eight months: finance ministry

South Korea's national tax revenue declined by about 300 billion won (US$281 million) on-year in the January-August period due to the slowing economic recovery, raising worries that the government might face tougher income conditions, government data showed Tuesday.According to the data pr...

Updated : 2014.10.21 10:18

Lotte ties up with Southeast Asian retailers

South Korea's Lotte Department Store said Tuesday it has forged partnerships with major department stores in Southeast Asia to capture foreign shoppers as part of its efforts to seek new growth engines. Under the agreements signed with Singapore's Robinsons, Hong Kong's Time Square and Th...

Updated : 2014.10.21 10:15

ITU meeting aims to set new goals

BUSAN ― South Korean President Park Geun-hye on Monday called on members of the International Telecommunication Union to work together to combat rising digital inequality.In a keynote speech to launc...

Updated : 2014.10.20 21:31

[Graphic News] Korean currency, stocks trail Asia rivals

South Korean currency and stocks have been the worst performers among emerging markets in Asia this month amid concerns of a slow economic recovery and a set of negative external factors, market data ...

Updated : 2014.10.20 21:22

[SUPER RICH] Rise of the new breed

The rich are generally considered to be somber, strictly guarding their privacy and loath to mingle with strangers. However, this typical image does not seem to fit the profile of the youngest daughte...

Updated : 2014.10.20 21:11

[SUPER RICH] Hyundai Heavy shifting to third-generation ownership

In an effort to create a sense of urgency for change, Hyundai Heavy Industries, the world’s largest shipbuilder, is moving toward a generational shift in its ownership. Last Thursday, the shipbuilder...

Updated : 2014.10.20 21:03

Siemens chief meets prime minister

The chief executive officer of Siemens, Joe Kaeser, met Prime Minister Chung Hong-won, in Seoul, to discuss ways to bolster economic cooperation Monday. Kaeser, who is in Korea on an official visit, m...

Updated : 2014.10.20 20:56