Archive by category Feature

Shinsegae retracts proposal to buy control of S. Korea’s No. 2 carrier
Shinsegae retracts proposal to buy control of S. Korea’s No. 2 carrier

Shinsegae Group, South Korea’s largest retail company, said Friday it has retracted its proposal to buy a controlling stake in a formerly debt-ridden …

Hyundai Motor’s Accent tops subcompact market in China in Jan.
Hyundai Motor’s Accent tops subcompact market in China in Jan.

Hyundai Motor Co.’s Accent topped the subcompact car market in China in terms of sales last month, reflecting its growing appeal among local customers …

[Newsmaker] ‘China Valley’ in Korea to boost trade
[Newsmaker] ‘China Valley’ in Korea to boost trade

The reclaimed region of Saemangeum, North Jeolla Province, is in the limelight after the government announced plans to create a Korea-China free trade …

KITA calls for better business environment
KITA calls for better business environment

Kim In-ho, the newly appointed CEO of the Korea International Trade Association, on Thursday asked for more government support for improving the local business …

New KITA chair vows to support smaller firms’ overseas expansion
New KITA chair vows to support smaller firms’ overseas expansion

The newly elected chief of a major South Korean business lobby group said Thursday he will focus on helping small and medium enterprises expand overseas and …

LG to unveil LTE-based smartwatch at MWC
LG to unveil LTE-based smartwatch at MWC

LG Electronics Inc., South Korea’s No. 2 smartphone company, said Thursday it will showcase its latest smartwatch upgraded with the long-term evolution …

Samsung starts mass production of high-end flash memory for smartphones
Samsung starts mass production of high-end flash memory for smartphones

South Korea’s tech giant Samsung Electronics Co. said Thursday it has started mass production of an upgraded flash memory chip for smartphones with a …

Hyundai E&C bags $212 mln construction deal in Singapore
Hyundai E&C bags $212 mln construction deal in Singapore

South Korea’s No. 2 builder Hyundai Engineering & Construction Co. said Thursday it has clinched a $211.46 million project to construct a commercial …

Lotte Group hopes to buy Italian airport retailer
Lotte Group hopes to buy Italian airport retailer

Lotte Group hopes to acquire Italian airport retailer World Duty Free to grow into the world’s No. 2 duty-free shop operator, group officials said Wednesday. …

Hyundai aims to widen client pool with turbo-added 2015 Sonata
Hyundai aims to widen client pool with turbo-added 2015 Sonata

South Korea’s top carmaker Hyundai Motor Co. is, without a doubt, best known at home for its Sonata midsize sedan lineup, which celebrates its 30th …

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