Archive by category Business

WASHINGTON (AFP) – Janet Yellen said Thursday that the Federal Reserve had no plans to move toward negative interest rates, following the Swedish central …

HONG KONG (AFP) – A more than five percent plunge in Tokyo led another Asian rout Friday, bringing to an end one of the most painful weeks for investors …

Japanese government officials on Friday pledged to take “appropriate measures” as the surging yen fuels speculation that the central bank will …

South Korean stocks took another drubbing from a plunge in Japan and other major equity markets Friday as panicked investors dumped shares. The local currency …

Korean shares got off to a weak start on Friday, taking a cue from losses in global stock markets. The benchmark Korea Composite Stock Price Index (KOSPI) …

South Korean companies based in the North Korean border city of Gaeseong urged the government on Thursday to roll out follow-up measures to compensate damages …

Hyundai Heavy Industries Co., a South Korean shipbuilder, said Thursday it struck a deal with a Turkish counterpart to build two oil tankers tankers sized at …

Ikea posts recall orders on lamps Ikea Korea posted recall orders for its Rinna wall lamp, Lock ceiling lamps as well as Hyby lamps, after reports that the …

One hundred-twenty four South Korean companies that have been producing garments, shoes and watches in North Korea’s border city become casualties of the …

Despite her busy schedule, Kim Na-eun, a 30-year-old office worker in Seoul, visits a skin care clinic every now and then, whenever she feels the need to …