Archive by category Business

Korean Air, South Korea‘s largest flag carrier said Thursday its operating profits surged 58.6 percent last year from the previous year, due to cheap oil …

The government said Tuesday that it would fully support corporate investment and hiring plans in order to keep the nation’s economic growth momentum for this …

The nation’s largest steelmaker POSCO is tightening its belt in a desperate effort to restore profitability across its affiliates amid a supply glut and …

LG Electronics on Tuesday unveiled online its first-ever Super Bowl ad, featuring actor Liam Neeson as a “mysterious man from the future.” The 60-second …

Hyundai Group, a major Korean conglomerate facing a protracted slump, said Tuesday it would again seek to sell its financial units and its chairwoman will chip …

CHEONAN, South Chungcheong Province – Thyssenkrupp, a leading German diversified industrial group, is looking to combine its engineering expertise with …

Korea’s top cosmetics maker AmorePacific Co. said Tuesday its fourth-quarter earnings jumped 77.6 percent on-year thanks to a strong performance in …

Korean stocks snapped a four-day winning streak on Tuesday to end 0.97 percent lower as weak economic data in China and falling oil prices fueled a risk-averse …

WeMakePrice, one of the nation’s top three daily-deal sites, said Tuesday the number of its unique visitors during the first three weeks of January outpaced …

Korea’s top mobile carrier SK Telecom Co. said Tuesday its net profit fell 15.8 percent on-year in 2015 due mainly to losses from an equity investment in …