Archive by category Business

Lotte founder‘s elder son eyes holding firm’s listing

The former vice president of Tokyo-based Lotte Holdings on Friday said he will push for the listing of the de facto holding company of Lotte Group on the …

Unionized pilots of Korean Air vote for strike

Unionized pilots of South Korea‘s No. 1 flag carrier Korean Air Lines Co. voted for a strike Friday, providing legal grounds for them to engage in labor …

Seoul warns of action as won slides to near 6-year low
Seoul warns of action as won slides to near 6-year low

South Korea’s currency sank to its lowest level in almost six years against the U.S. dollar Friday, as Cold War-era geopolitical tensions with North Korea …

Geopolitical risk adds to economic woes
Geopolitical risk adds to economic woes

Concerns are mounting over the South Korean economy, which has already been dented by the global economic slowdown and falling oil prices, as it faces …

Attocube to participate in Mobile World Congress Barcelona 2016
Attocube to participate in Mobile World Congress Barcelona 2016

On February 16, Attocube (CEO: Sangtaek Han) announced that it will be participating in the Mobile World Congress (MWC) in Barcelona on February 22 through the …

Tokyo stocks fall sharply by break on stronger yen, weaker oil
Tokyo stocks fall sharply by break on stronger yen, weaker oil

Tokyo stocks fell sharply by the break on Friday, as a stronger yen dented exporters and another fall in oil prices hammered energy-linked firms. US crude …

S&P sends Brazil deeper into junk territory
S&P sends Brazil deeper into junk territory

Standard and Poor’s cut Brazil’s already dire junk credit rating a further notch from BB to BB Wednesday, warning the world’s seventh biggest …

Bank account portability to go into full swing next week
Bank account portability to go into full swing next week

The government will make it easier for people to shift their accounts from one bank to another starting next week, which is expected to improve overall …

BOK chief says more uncertainty in global financial market
BOK chief says more uncertainty in global financial market

South Korea’s central bank head forecast additional difficulties for the economy Friday, saying uncertainties in the global financial market were …

LG Electronics to apply Danish audio on G5
LG Electronics to apply Danish audio on G5

(Yonhap) LG Electronics Inc. said Friday it has joined forces with a Danish-based audio firm to provide better sound-related features on its smartphones, …

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