Archive by category Business

SK hynix셲 operating profit likely to plunge in Q1
SK hynix셲 operating profit likely to plunge in Q1

SK hynix, the world셲 third-largest chipmaker by sales, is expected to see its operating profit more than halve during the first three months of this year, …

Samsung steps up self-driving car technology push
Samsung steps up self-driving car technology push

Tech giant Samsung Electronics has been accelerating its push into the autonomous vehicle segment by trying to attract seasoned researchers in the field. The …

N. Korea-China trade volume up 12.7% on-year in Q1
N. Korea-China trade volume up 12.7% on-year in Q1

Trade volume between North Korea and China posted double-digit growth in the first quarter of 2016 from a year earlier despite the United Nations’ …

[Market Now] Dasan Networks acquires Zhone Technologies
[Market Now] Dasan Networks acquires Zhone Technologies

Dasan Networks Dasan Networks said that it will acquire Zhone Technologies through share swaps by June this year. Dasan is a KOSDAQ-listed telecommunications …

IKEA disciplined to revise refund terms
IKEA disciplined to revise refund terms

(Yonhap) South Korea’s antitrust watchdog said Wednesday that it has recommended global furniture giant IKEA revise its terms regarding refunds for …

SC Bank Korea’s high-interest savings products draw interest
SC Bank Korea’s high-interest savings products draw interest

Standard Chartered Bank Korea셲 savings products are getting renewed interest from savers seeking higher return on their money in this era of abysmal …

Korea셲 fundamentals remain strong: finance minister
Korea셲 fundamentals remain strong: finance minister

Finance Minister Yoo Il-ho said that South Korea셲 national debt in proportion to its gross domestic product is relatively low compared with other major …

Korea’s ICT exports drop for 7th consecutive month in March
Korea’s ICT exports drop for 7th consecutive month in March

South Korea’s exports of information communication technology (ICT) products fell for the seventh consecutive month in March as weak global demand and a …

Dior apologizes for photograph demeaning Korean women
Dior apologizes for photograph demeaning Korean women

An artwork displayed by French luxury house Dior at its flagship store in Seoul has sparked public outrage, fueled by claims that it portrays Korean women as …

Tax revenue grows on rising income, consumption
Tax revenue grows on rising income, consumption

Korea셲 tax revenue grew significantly from a year earlier in the first two months of the year, partly due to an increase in income and consumer spending, a …

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