Won falls to almost year-low on Greek, Fed rate woes

The U.S. dollar approached its strongest level of the year against the Korean won Tuesday over aggravated uncertainty due to Greek woes.After gaining Monday, the greenback further climbed Tuesday to close at 1,130.2 won, up 3.7 wo...

Samsung C&T expects W60tr in synergies from Cheil Industries merger

Samsung C&T, the trading and construction unit of Samsung Group, has reiterated its goal to double its annual sales following its tie-up with Cheil Industries, the group’s de facto holding company.Samsung C&T claimed that synergi...

Artday to hold July auction

Artday, a subsidiary of Herald Corp., will hold an online art auction from Wednesday to July 15. The auction presents some 190 works by modern and contemporary artists, including paintings by Korean art masters such as Kim Tschang...

SMEs urge government to resume inter-Korean tour program

A group of South Korean firms that invested in an inter-Korean tour program urged the government Tuesday to resume the long-suspended project as soon as possible, as they are grappling with heavy losses.The South has suspended the...