Archive by category Feature

Korean Air suffers drop in domestic passengers following nut rage incident
Korean Air suffers drop in domestic passengers following nut rage incident

The number of passengers using Korean Air Line Co., South Korea’s top flag carrier, dropped in December apparently affected by the so-called “nut …

GS E&C wins $2.62b Venezuela plant deal
GS E&C wins $2.62b Venezuela plant deal

GS Engineering & Construction, one of South Korea’s leading builders, said Thursday it has clinched a $2.62 billion contract to build a gas plant in …

Okchundang, a Leader Prepared to Share with the World about the Excellence of Oriental Medicine
Okchundang, a Leader Prepared to Share with the World about the Excellence of Oriental Medicine

Unlike Western medicine, which grew out of an anatomical and physiological framework following the invention of the microscope in the 17th century, the medical …

Google’s self-driving car to be equipped with LG battery
Google’s self-driving car to be equipped with LG battery

LG Electronics Inc. said Thursday it will supply battery packs to the self-driving cars to be launched by U.S. Google Inc. a move that will certainly help …

Korea earmarks W180tr to build creative economy
Korea earmarks W180tr to build creative economy

The government plans to invest 180 trillion won ($166 billion) this year to foster a start-up ecosystem, new industries and markets with growth potential. Five …

Samsung, BlackBerry deny takeover talks
Samsung, BlackBerry deny takeover talks

Samsung Electronics on Thursday denied media reports that it had offered to buy Canadian smartphone-maker BlackBerry for as much as $7.5 billion. “It is not …

Korean Air to face fine for ticketing fault
Korean Air to face fine for ticketing fault

Korean Air, South Korea’s top air carrier, will be fined for a ticketing error to a Korean signer that violated the country’s aviation law, a Transport …

Will Hyundai’s duty-free plan succeed?
Will Hyundai’s duty-free plan succeed?

Hyundai Development is planning to open a duty-free store, in an attempt to pick up the last slice of one of the very few flourishing industries in Korea. …

S. Korea slashes 2015 economic growth forecast
S. Korea slashes 2015 economic growth forecast

South Korea’s central bank on Thursday slashed its 2015 economic growth forecast and kept its benchmark interest rate unchanged at a record low amid …

Samsung begins mass production of 20-nano graphic DRAM
Samsung begins mass production of 20-nano graphic DRAM

Samsung Electronics Co. said Thursday it has started mass production of 8-gigabit graphic memory chips that adopt 20-nanometer technology, completing the full …

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