Manufacturers' sentiment worsens to 18-month low for Feb.

South Korean manufacturers' sentiment for business conditions weakened to the lowest level in 18 months amid lingering uncertainties, a poll showed Friday.The business sentiment index, which measures the outlook of manufacturers ...

Samsung posts robust chip growth

Strong sales of Apple’s iPhone 6 and Xiaomi’s low-end smartphones pushed Samsung Electronics, the world’s largest smartphone maker by sales volume, to record its weakest annual earnings in three years.The Korean tech giant said...

[Graphic News] Coffee imports hit all-time high

Imports of coffee hit an all-time high last year despite the nation’s economic slowdown.In 2014, Korea imported 139,764 tons of coffee beans and powder-based materials, a 14 percent increase from 2013. The total value of imports ...

Hyundai to enter duty-free bidding

Hyundai Department Store announced Thursday that it would join the bid for a license to open a city duty-free store in Seoul, adding fuel to the fierce competition in the 3.2 trillion won ($2.9 billion) market. In its first attemp...