Archive by category Business

Kakao seeks larger offline presence
Kakao seeks larger offline presence

Kakao, the nation’s largest mobile messenger operator, has been showing an endless appetite for new revenue sources by acquiring start-ups in recent months. …

Falling prices fuel debate over housing oversupply

Apartment prices are now turning down after having remained unchanged for weeks, adding fuel to the debate over whether the housing market is at an increasing …

Seoul to export stock trading system to Vietnam
Seoul to export stock trading system to Vietnam

Korea Exchange, the operator of the main South Korean bourse said Monday it plans to export its integrated information technology system for stock trading to …

Brokerages’ net nearly doubled in 2015
Brokerages’ net nearly doubled in 2015

Korean brokerage firms’ net profit nearly doubled in 2015 from a year earlier due to an increase in commission income, the financial watchdog said Monday. …

Korean manufacturing sentiment remains low for March
Korean manufacturing sentiment remains low for March

Korean manufacturers’ business sentiments continued to remain bleak for the upcoming month while their actual business conditions in February turned out …

Ssangyong to unveil Tivoli XLV in Geneva
Ssangyong to unveil Tivoli XLV in Geneva

The Tivoli Air will be introduced as the XLV during the Geneva International Motor Show next month. Two vehicles of Ssangyong Motor — the XLV and the …

S-Oil hosts diverse programs to give back to community
S-Oil hosts diverse programs to give back to community

S-Oil, South Korea’s third-largest oil refiner, is working to give back to the local community through its ongoing social contribution efforts, which touch …

Six-way race for Hyundai Securities
Six-way race for Hyundai Securities

The race to acquire Hyundai Securities, the smallest of Korea’s five main brokerage houses, is turning out hotter than initially expected, after parent …

Korea to inject W200b into moon exploration for 3 years
Korea to inject W200b into moon exploration for 3 years

South Korea will spend a total of 746.4 billion won ($603 million) on its space program this year, as part of efforts to realize its long-cherished goal of …

Samsung rumored to sell off security arm
Samsung rumored to sell off security arm

As part of Samsung Group’s efforts to streamline its complex business structure, the conglomerate is seeking to sell its security arm S-1 Corporation to …

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