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BUSINESS

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LATEST NEWS
  • BTS' Suga releases collaboration with Halsey
  • Parliamentary speaker plans to put budget bill on review despite partisan c...
  • BTS’ music video second-most liked in world: Youtube
  • [Newsmaker] Political parties to withdraw filibuster, postpone fast-track b...
  • Everland holds New Year events
  • China says to exempt 'some' US soybean, pork from tariffs
  • US flies more surveillance planes over Korean Peninsula: aviation tracker
  • Some 30% of working moms were irregular workers: data
  • S. Korea to promote exports of its designed nuke reactors
  • International Criminal Court says it has no jurisdiction over NK leader
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  • CJ Cheiljedang, franchisees sign pact on fair transactions

    CJ Cheiljedang, franchisees sign pact on fair transactions

    CJ Cheiljedang Corp., South Korea's top food maker, and its franchisees signed a pact that helps promote fair business transactions between the two sides, the antitrust regulator said Thursday. It w...

    Dec 5, 2019

    Industry
  • S. Korea's current account surplus reaches 12-month high in Oct.

    S. Korea's current account surplus reaches 12-month high in Oct.

    South Korea's current account surplus grew slightly from a month earlier to reach a 12-month high in October as its service account deficit narrowed while its primary income account surplus expanded,...

    Dec 5, 2019

    Economy
  • Samsung overwhelms LG, Apple in local smartphone market share

    Samsung overwhelms LG, Apple in local smartphone market share

    Samsung Electronics dominated the South Korean market for smartphones in the third quarter, widening the gap with local competitor LG Electronics, as well as that with Apple of the United States, ind...

    Dec 4, 2019

    Technology
  • SK chief’s wife files divorce countersuit, claims 42.3% of his stake in firm

    SK chief’s wife files divorce countersuit, claims 42.3% of his stake in firm

    Roh So-young, founder of Art Center Nabi and wife of SK Group Chairman Chey Tae-won, has filed a divorce countersuit against her husband, claiming a huge stake in the nation’s third-largest conglomer...

    Dec 4, 2019

    Industry
  • Samsung heir to meet Sweden’s biggest biz tycoon Wallenberg

    Samsung heir to meet Sweden’s biggest biz tycoon Wallenberg

    De facto Samsung Electronics leader Lee Jae-yong is expected to meet with the owner of largest Swedish business group Wallenberg later this month, according to news reports Wednesday. Lee will repor...

    Dec 4, 2019

    Technology
  • Samsung likely to hide hinge in Galaxy Fold 2

    Samsung likely to hide hinge in Galaxy Fold 2

    Samsung Electronics appears to be working on hiding the hinge component in the second edition of Galaxy Fold that is expected to be launched next August, according to industry sources Wednesday. The...

    Dec 4, 2019

    Technology
  • Restructuring involves inevitable financial consequences: KDB chief

    Restructuring involves inevitable financial consequences: KDB chief

    Social disturbances and financial costs during restructuring are the inevitable price one has to pay in order to reform the economy and prevent further damages, according to the chief of South Korea’...

    Dec 4, 2019

    Finance
  • Samsung BioLogics bags W86b contract deal

    Samsung BioLogics bags W86b contract deal

    Analysts notch up earnings projection for 2020

    Dec 4, 2019

    Industry
  • S. Korea to spend W300b on ‘fintech unicorn’ project

    S. Korea to spend W300b on ‘fintech unicorn’ project

    The Finance Ministry announced Wednesday plans to establish a 12 trillion won ($10 billion) fund to help support competent startups scale up as unicorns, allocating 300 billion won exclusively for fi...

    Dec 4, 2019

    Economy
  • Naver joins cross-border mobile payment alliance

    Naver joins cross-border mobile payment alliance

    A financial arm of South Korea's leading portal operator Naver Corp. said Wednesday it has joined a cross-border mobile payment alliance with its Asian partners. The collaboration enables the four c...

    Dec 4, 2019

    Industry
  • 4 industry doyens join race to be next KOFIA leader

    4 industry doyens join race to be next KOFIA leader

    Four industry experts have joined the race to head the leading nonprofit, self-regulatory financial organization in South Korea. According to the Korea Financial Investment Association on Wednesday,...

    Dec 4, 2019

    Finance
  • Hyundai Motor to invest W61.1tr for R&D, future tech under 2025 road map

    Hyundai Motor to invest W61.1tr for R&D, future tech under 2025 road map

    Automaker aims to transform itself into ‘smart mobility solution provider’

    Dec 4, 2019

    Automode
  • Tax agency unveils list of habitual tax delinquents

    Tax agency unveils list of habitual tax delinquents

    The country's tax agency on Wednesday disclosed a fresh list of some 6,800 new citizens and corporate entities with unpaid taxes exceeding 200 million won ($167,462) for one year or longer. The Nati...

    Dec 4, 2019

    Economy
  • Finance minister dismisses fears of deflation

    Finance minister dismisses fears of deflation

    South Korea's chief economic policymaker said Wednesday he sees no acute risk of deflation, adding that next year's projected inflation rate will be higher than this year's. The remarks by Finance M...

    Dec 4, 2019

    Economy
  • Intel eyes AI on 'edge computing'

    Intel eyes AI on 'edge computing'

    US chipmaker Intel Corp. said Wednesday that it will focus on "edge computing" that could hold the key to the success of artificial intelligence in the future. Edge computing refers to the practice ...

    Dec 4, 2019

    Industry
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