Archive by category Business

Dongbu Steel may avoid a forced exit from the stock market, as its main creditor pushes for a debt-equity swap that would help the company reduce debt and meet …

Doosan Group chairman Park Yong-maan’s announcement he would hand over his top position to his nephew Park Jeong-won surprised the corporate world here this …

Korea’s savings banks slashed interest rates on time deposits to below 2 percent, approaching the levels offered by commercial banks, amid the central …

GS Group chairman Huh Chang-soo called for shared growth between big businesses and local small and medium-sized enterprises during his visit Thursday to the …

The Berklee College of Music in Boston said Thursday it has named Lee Mie-kyung, vice chairwoman of South Korean conglomerate CJ Group, as a new member of its …

Burberry unveils “Art of the Trench in Seoul” projectBurberry, a British luxury clothing and accessories brand, has launched its “Art of the Trench in …

Loans extended to South Korea’s local firms grew at a slower pace in the fourth quarter of last year, mainly led by contractions in the manufacturing and …

IOT PARTNERSHIP — Network operator LG Uplus teamed up with Samsung Electronics to release a refrigerator that can be operated by mobile devices. The two …

Korea’s Internet banking transactions surged to a record high last year, central bank data showed Thursday. The daily amount of money transferred through …

AUDI INTRODUCES NEW Q7– Audi Korea on Thursday launched the New Audi Q7, an improved version of the German carmaker’s signature premium sports utility …