[Graphic News] US dominates world military spending

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Tesla plans 14 supercharger stations in Korea this year

US electric carmaker Tesla Motors Inc. said on Tuesday it will set up 14 rapid-charging stations in South Korea this year.In its webpage, the 14 supercharger sites include five in Seoul, one in Bundan...

Updated : 2017.04.25 17:41

Kia unveils high-performance features of Stinger sports sedan

Kia Motors Corp., South Korea's second-biggest carmaker by sales, on Tuesday unveiled the high-performance features of its Stinger sports sedan ahead of the planned launch next month.The car will be d...

Updated : 2017.04.25 17:40

Samsung BioLogics posts 2% revenue hike in Q1

Samsung BioLogics, the contract drug manufacturing arm of South Korea’s Samsung Group, said Tuesday that its first quarter revenue this year grew 1.9 percent on-quarter to 107.6 billion won ($95.6 mi...

Updated : 2017.04.25 17:17

[Monitor] More companies have their credit ratings upgraded

The number of companies that had their credit ratings upgraded increased by 76.9 percent last year compared to the previous year. Those that had their credit ratings downgraded, meanwhile, dropped by ...

Updated : 2017.04.25 16:27

Social robot patent applications rise sharply on AI, robotics advances: data

The application of patents for social robots that can interact and communicate with humans has risen sharply in South Korea in recent years with the advances being made in robotics and artificial inte...

Updated : 2017.04.25 16:22

Korea's 3rd bourse to ease listing rules

South Korea's stock market for venture firms and start-ups plans to ease its listing rules, allowing more small firms to raise funds via the market, the nation's financial regulator said Tuesday. The ...

Updated : 2017.04.25 16:19

Annual AIIB meeting to be held in Jeju on June 16-18

The second annual meeting of the Asian Infrastructure Investment Bank  will be held on South Korea's southern island of Jeju in June, the finance ministry said Tuesday.The meeting of the board of gov...

Updated : 2017.04.25 16:17

Kospi hits a 6-year high on foreign buying

South Korean stocks on Tuesday hit a six-year high, on strong buying from foreign investors with the global stock market rally, brokerage data showed.The nation’s benchmark Kospi closed at 2,196.85, ...

Updated : 2017.04.25 16:01

Samsung’s facial recognition not ready for mobile payments

Samsung Electronics’ facial recognition technology requires more than four years to be solely used for mobile payment, a source from Samsung and industry watchers predicted on Monday. Facial recognit...

Updated : 2017.04.25 15:45

Nissan smartens up with Maxima

Nissan Korea, the local unit of Japanese automaker Nissan Motor, highlighted the “intelligent mobility” of its flagship luxury sedan Maxima to give a boost to the brand’s image, according to the co...

Updated : 2017.04.25 15:32

Samsung keeps top spot in US home appliance market

Samsung Electronics retained the No. 1 spot in the US home appliance market for a fourth consecutive quarter, a survey by market researcher TraQline showed Tuesday.In the quarterly survey of market sh...

Updated : 2017.04.25 15:30

SK Innovation‘s Q1 operating profit up 19% to W1tr

South Korea’s leading oil refiner SK Innovation said Tuesday that its operating profit increased 19 percent to surpass 1 trillion won ($887 million) in the first quarter. (Yonhap)The firm’s sales a...

Updated : 2017.04.25 15:23

LS displays smart energy solution at Hannover

LS Industrial Systems, a South Korean manufacturer of electric and automation equipment, has joined Hannover Messe, a leading industrial show that kicked off Monday for a five-day run. LS is presentin...

Updated : 2017.04.25 15:20

Hyundai Samho lands W300b IMM Private Equity investment

Hyundai Samho Heavy Industries, a shipbuilding affiliate of Hyundai Heavy Industries, has landed a 300 billion won ($265.7 million) pre-initial public offering investment with IMM Private Equity. Unde...

Updated : 2017.04.25 15:08

IATA chief urges Korea to join unruly passengers agreement

The top executive of the International Air Transport Authority encouraged South Korea to ratify an international agreement laying out the legal responsibilities following incidents with unruly passeng...

Updated : 2017.04.25 15:07