Archive by category Business

Bank of Korea Gov. Lee Ju-yeol said Tuesday that he saw room for further monetary easing to rejuvenate growth, but was not convinced that an additional …

Controversy mounted over a rare demand for dividends by a U.S. hedge fund to GS Home Shopping on Tuesday as the Korean multimedia retailer vowed to defend such …

Local banks and brokerage firms are rushing to attract more customers ahead of a new regulation that would allow the entry of a new savings product entailing …

Korean conglomerate CJ Group, which has a reputation as a leading food and consumer product manufacturer, is now prospering in the media and entertainment …

LG Uplus said Tuesday it would offer the world’s fastest tri-band LTE service with peak speeds of up to 400 megabits per second. The breakthrough comes as …

Korean stocks soared 1.4 percent Tuesday as foreigners and institutions loaded up on shares on rising hopes for a global economic recovery. The local currency …

POSCO’S TIES WITH ARGENTINA — POSCO chairman Kwon Oh-joon (left) poses with Mauricio Macri, president of Argentina, and Choo Jong-youn, Korean …

   POSCO, the nation’s top steelmaker, filed a defamation lawsuit against a former senior company official Monday, a rare move by the nation‘s top …

Prosecutors said on Tuesday they recently raided the headquarters of the nation’s only tobacco maker KT&G over allegations it created slush funds. The …

Daewoo Engineering & Construction said Tuesday it has inked an $82 million deal to construct a highway in Ethiopia. Daewoo was commissioned by a state-run …