Archive by category Business

Lee Dong-gul Lee Dong-gul, a former vice chairman of Shinhan Investment, has been tapped to head the state-run Korea Development Bank, the Financial Services …

Hyundai Securities is being put up for sale just four months after a deal to sell a controlling stake in the brokerage arm of Hyundai Group fell through. The …

The prices of products and services targeted toward infants increased 6.6 times higher than consumer prices last year, according to the Korea Institute of …

Lotte Duty Free announced plans Wednesday to open a new store in Osaka, Japan, early next year, in addition to the Ginza branch also scheduled to open this …

South Korean beauty giant AmorePacific began offering immediate tax refunds to foreign nationals at select Aritaum, Innisfree and Etude stores in Seoul …

Bodyfriend, a South Korean health care company that specializes in making automated massage chairs, has launched an upgraded rendition of its premium massage …

LG Household and Healthcare introduced six types of automotive air fresheners featuring characters from KakaoTalk and Marvel this week. The KakaoTalk …

Beanpole, a fashion unit of Samsung C&T, has fused technology with fashion to launch a range of tech-savvy “smart accessories,” the company said. The …

Sales of lottery tickets in Korea jumped to a 12-year high in 2015 as hundreds of new stores selling tickets opened amid a prolonged economic slump, government …

Caffe Bene opened a store at Hayat Mall, a mega shopping complex in Riyadh, Saudi Arabia this week. Caffee Bene’s Hayat Mall store – its fifth in the …