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SNU edits plant gene using ‘non-GMO’ method

Professor Koh Hee-Jong (left), head of Seoul National University‘s Plant Molecular Breeding Center. (Plant Molecular Breeding Center)The Plant Molecular Breeding Center of Seoul National University, ...

Updated : 2016.12.04 16:15

Samsung Galaxy retains top spot in brand value

Samsung Electronics’ flagship smartphone Galaxy maintained the top spot in brand value among the top 100 firms in 2016, a market research firm said Sunday. According to Brandstock’s list of the leading 100 brands for this year in South Korea, Samsung’s Galaxy ranked No. 1 for the sixth ...

Updated : 2016.12.04 16:13

Tycoons to face tough questions at Assembly

South Korea’s top business heads are on full alert this week as they face a tough parliamentary hearing Tuesday over their alleged connections with the presidential corruption scandal.The chiefs of e...

Updated : 2016.12.04 16:10

Jeju sees increase in departure tax revenue from more tourists

Jeju Island, one of South Korea's most well-known tourist destinations, on Sunday reported a spike in departure tax this year caused by greater foreign visitor traffic.The provincial government said it collected 46.7 percent more departure tax from outbound international travelers in the 1...

Updated : 2016.12.04 09:29

Power outage hits COEX mall

A sudden blackout hit the COEX mall in Gangnam, Seoul, causing an evacuation of visitors and office workers on Friday afternoon. No cases of damage have been reported, according to the Korea Internati...

Updated : 2016.12.02 18:26

Samsung BioLogics denies alleged link to Choi gate

Samsung BioLogics on Friday denied growing speculations that it had received preferential treatment for its market debut in connection with Samsung Group allegedly lobbying President Park Geun-hye’s ...

Updated : 2016.12.02 18:03

Daewoo Shipbuilding to hive off IT biz unit

Daewoo Shipbuilding & Marine Engineering Co., a major shipyard here, said Friday that it plans to spin off its IT business unit next year in an effort to streamline its business structure.The unit, tentatively named DSME Information System, will be launched on Jan. 1, the shipbuilder said....

Updated : 2016.12.02 14:55

Dongbu Daewoo sued for discrimination in UK office

Dongbu Daewoo Electronics on Friday was mired in an alleged gender and racial discrimination controversy at its UK branch after a female manger claimed that she was demoted for failing to bow to her b...

Updated : 2016.12.02 12:15

S. Koreans, Italians discuss biz cooperation in Milan

Businesspeople from South Korea and Italy on Thursday discussed ways to enhance exchanges and cooperation at a one-day forum in Milan, an industrial hub in northern Italy, the South Korean Embassy in Rome said.The third South Korea-Italy Business Forum, organized by the embassy, brought 17...

Updated : 2016.12.02 11:45

Food, liquor are best-selling items at discount stores

Food and liquor products have been among the best-selling items at South Korean discount stores in2016 as major chains have released a variety of home replacement meals and ready-to-eat products, industry data showed Friday. E-Mart, the nation's largest chain operated by Shinsegae, said li...

Updated : 2016.12.02 11:42

S. Korean card firms to pay for Visa's fee hike

South Korea's credit card issuers will cover the increase in fees for local customers' overseas purchases using Visa's networks, industry officials said Friday.Visa Inc., a global payment chain based in California, plans to jack up the fee for Koreans' settlements abroad from the current 1...

Updated : 2016.12.02 11:35

Higher oil prices stoke hope for Korean shipbuilders

Global oil prices have rallied this week, and may settle above the $50 level in the near future, a boon for Korean shipbuilders still struggling with falling new orders, industry sources said Friday.O...

Updated : 2016.12.02 11:33

HMM denies reports on 2M partnership failure

Hyundai Merchant Marine on Thursday denied reports that it had failed to join the 2M Alliance.“The concrete negotiation for the 2M partnership is still in progress and will be finalized after the mee...

Updated : 2016.12.01 17:53

SK Innovation to withdraw chemical joint project with Sinopec

Korea’s top oil refiner SK Innovation will scrap its plan to enter into a joint venture with China’s state-run Sinopec Group, citing the slump in the global market, officials said Thursday.In 2013, ...

Updated : 2016.12.01 16:47

More coffee shops, less pubs registered this year

The number of coffee shop licensees rose 20.1 percent, while the figure for pubs dropped 5.8 percent on-year, between January and August, government data showed Thursday.During the same period, the to...

Updated : 2016.12.01 16:11