Archive by category Business

Seoul shares close lower on dull Chinese market

South Korean stocks closed lower Wednesday as the Chinese bourse remained sluggish, analysts said. The South Korean won traded lower against the U.S. dollar. …

Boeing names Eric John new Korea chief
Boeing names Eric John new Korea chief

Eric John Boeing on Wednesday named Eric John, a former international service officer for the U.S. government, as new president of Boeing Korea. The new Korean …

FTC probing KEPCO for unfair business practices

The Fair Trade Commission has launched a probe into the state-run power monopoly Korea Electric Power Corp. on allegations of unfair business activities, …

Chevrolet셲 next 쁁umblebee to appear at Busan motor show

Chevrolet plans to show off 24 concept and production vehicles at the upcoming Busan International Motor Show, including the Camaro concept car that is making …

Samsung smartphones top U.S. consumer satisfaction index

Samsung Electronics topped the American Customer Satisfaction Index for smartphones for the first time, helped by its Galaxy lineup. The South Korean company …

Power without wheels
Power without wheels

They float as if flying through the air. They can move faster and hardly make a sound compared to conventional trains with wheels. Magnetic levitation trains …

Bullet trains go wireless
Bullet trains go wireless

Consumer electronics such as smartphones and toothbrushes are not the only things that can be charged wirelessly anymore. Korean researchers have developed …

Samsung to invest $24b in facilities

South Korea셲 tech giant Samsung Electronics Co. may spend up to 25 trillion won ($24.39 billion) this year on facility investment, an 8.6 percent increase …

BOK chief worried by weak consumption
BOK chief worried by weak consumption

The head of South Korea셲 central bank on Wednesday expressed his concerns over signs of waning domestic demand over the past month in the wake of the ferry …

[Herald Interview] 쁅oreigners only law may dent Korea셲 casino plans
[Herald Interview] 쁅oreigners only law may dent Korea셲 casino plans

MACAU The casino business is one of the very few industries that has been enjoying double digit growth over the years, especially in Asia, but whether …

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