Archive by category Business

KB, Korea Investment in race for Hyundai Securities stake
KB, Korea Investment in race for Hyundai Securities stake

KB Financial Group and Korea Investment Holdings are likely to face off again in the auction of a controlling stake in Hyundai Securities, one of the five …

LG Uplus starts high-speed Internet service in Seoul
LG Uplus starts high-speed Internet service in Seoul

Network operator LG Uplus said Sunday that it had started an Internet service that offers connection speeds of up to 1 gigabit per second over cable in Seoul. …

Samsung heir’s W300b cash draws attention
Samsung heir’s W300b cash draws attention

Speculation has been growing about Samsung Electronics vice chairman and Samsung Group heir apparent Lee Jae-yong’s recently acquired cash totaling 300 …

[Photo News] LG will unveil new wireless headset at MWC
[Photo News] LG will unveil new wireless headset at MWC

LG TO UNVEIL NEW WIRELESS HEADSET — LG Electronics said Sunday that it would showcase an upgraded model of neckband Bluetooth headset Tone , which offers …

[Photo News] Samsung wins award for its sineage
[Photo News] Samsung wins award for its sineage

SAMSUNG SINEAGE RECOGNIZED FOR EXCELLENCE — Tech giant Samsung Electronics has won the AV Display Innovation of the Year award for its outdoor display, …

Korea’s chocolate imports hit record high in 2015
Korea’s chocolate imports hit record high in 2015

(Yonhap) South Korea’s imports of chocolate edged up on-year to an all-time high in 2015 amid its growing popularity among local consumers, official data …

Number of top Korean goods in export markets shrinks in 2014
Number of top Korean goods in export markets shrinks in 2014

The number of South Korean products with the largest share in their global export market dropped slightly from a year earlier in 2014, but their combined share …

Korea’s home transactions plunge in January
Korea’s home transactions plunge in January

South Korea’s home sales plunged 21.4 percent last month from a year earlier due mainly to a base effect stemming from rapid growth posted last year, …

SK Telecom’s foreign ownership hits 15-year low
SK Telecom’s foreign ownership hits 15-year low

Foreign ownership of South Korea’s top mobile carrier SK Telecom Co. has tumbled to a 15-year nadir, data showed Sunday, amid growing skepticism over the …

Financial firms to hike dividend payouts sharply
Financial firms to hike dividend payouts sharply

Local banking and financial firms are expected to greatly boost their dividend payments for 2015, helped by a rise in their earnings and a government policy to …

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