Archive by category Business

Issuance of derivatives-linked securities hits record high
Issuance of derivatives-linked securities hits record high

Korea’s issuance of derivatives-linked securities has soared to a record level as more investors turn to buy stocks indirectly for decent returns amid …

Biz community calls for early resumption of operations at inter-Korean factory zone

South Korea’s business community on Wednesday expressed hopes that the shutdown of an inter-Korean industrial park in the North’s border city will be …

Shinhan Group’s profit rises 14% in 2015
Shinhan Group’s profit rises 14% in 2015

The net profit of Shinhan Financial Group, the nation’s largest banking group by assets, jumped to 2.37 trillion won ($1.9 billion) in 2015, a 14 percent …

Hyundai gets nod for best Super Bowl ad
Hyundai gets nod for best Super Bowl ad

A Hyundai Motor commercial has been picked as the favorite advertisement aired during the U.S most-watched sporting event Super Bowl 50, the automaker said …

Samsung to cut facility investment in chips in 2016
Samsung to cut facility investment in chips in 2016

Samsung Electronics, the nation’s largest tech giant, is expected to reduce facility investment in its chip business in 2016 from a year ago, data showed …

KT&G expands business in Iran
KT&G expands business in Iran

KT&G is expanding its business in Iran as the Islamic country is requesting more investment from Korea’s largest tobacco firm, company officials said …

GS E&C seeks to retake lead in Iran’s construction market
GS E&C seeks to retake lead in Iran’s construction market

As companies around the world rush to take on new business opportunities in post-sanctions Iran, South Korean builder GS E&C is out to regain its former …

Concerns rise over volatile exchange rate
Concerns rise over volatile exchange rate

The won-dollar exchange rate has shown sharp fluctuations in recent months, raising concerns over the possible negative impact of such volatility on the …

LG’s diabetes drug on way to global expansion
LG’s diabetes drug on way to global expansion

LG Life Sciences, the biopharmaceuticals unit of LG Group, is out to swiftly commercialize its self-developed diabetes treatment Zemiglo in new markets around …

Shares of builders are bullish riding Iran hope
Shares of builders are bullish riding Iran hope

Construction firms were the top winners on the main stock bourse in early trading this year, data showed Wednesday, as investors cheered growing opportunities …

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