Tax havens are drawing media limelight after a journalist group disclosed 245 Korean businessmen and their families suspected of evading taxes by running paper companies in countries or territories t...
Samsung was named one of the 100 most valuable global brands for 2013, a survey has shown. According to the list of the Top 100 Most Valuable Global Brands for 2013 released by Millward Brown, a glo...
South Korea has the third-highest cases of computer malware detected on computers in the world after the United States and Brazil, data showed. According to a Microsoft Security Intelligence Report,...
South Korea’s service industries, such as culture, entertainment, social welfare, health care, education and finance, have failed to grow in importance over the past few years. According to researc...
A magnitude 4.9 quake occurred near waters off of Baengnyeongdo Island in the Yellow Sea, marking the eighth time in a week that a tremor was reported in South Korea, the Korea Meteorological Adminis...
Arctic states Wednesday accepted South Korea, China, Japan, India, Italy and Singapore as permanent observers to the Arctic Council. They are joining the existing group of the United Kingdom, France...
Korea’s household debt has increased by 52 trillion won in just a year, according to a government figure, ringing alarm bells about the nation’s economy. The Financial Supervisory Service revealed...
The weak yen has led to an average 5 percent decrease in the price of Japanese export products, dealing a blow to their Korean rivals’ competitiveness, data showed on Tuesday. According to reports ...
The number of people in Korea who earned more than 10 billion won in dividends last year was 19, data showed. Most of them were chiefs of the nation’s top conglomerates and their family members. Th...
Consumers’ complaints against the nation’s financial institutions have gradually increased over the past three years, data showed. According to a report released by the Financial Supervisory Servi...
When it comes to populations of rich people, Asian cities are second to none. According to a list of cities with the most millionaires, multimillionaires and billionaires released by Wealth Insight,...
Some conglomerates’ financial woes and households’ growing difficulties in repaying debts are increasing local banks’ bad debt. The total sum of nonperforming loans from the country’s six larges...
Korea and Poland were rated as the most politically stable among 30 emerging countries, according to a survey by Eurasia Group. In its latest Global Political Risk Index, the U.S.-based political an...
The number of Internet Protocol television subscribers surpassed 7 million on Friday, according to the Korea Digital Media Industry Association. Since its first appearance in January 2009, the IPTV ...
Hyundai Motor and its sister automaker Kia Motors have revved up their presence in the U.S. market since early this year, recovering from last year’s lackluster sales dwarfed by Japanese carmakers. ...
