Archive by category Business

Hanwha tours Europe with scientific youths
Hanwha tours Europe with scientific youths

Hanwha Group is continuing its commitment to nurturing future Nobel Prize candidates with scientific talent through its social outreach program. The group said …

[Weekender] D’strict caters to K-pop fans visiting Korea
[Weekender] D’strict caters to K-pop fans visiting Korea

Chief financial officer of virtual tech firm D’strict said hologram technologies could provide more fun and better experiences for K-pop fans visiting South …

[Weekender] K-pop stars bet big on hologram to expand global reach
[Weekender] K-pop stars bet big on hologram to expand global reach

Hologram concert of G-Dragon in Play K-pop (D’strict) Korea’s record label giants SM Entertainment and YG Entertainment are betting big on hologram …

KT swings to profit in 2015
KT swings to profit in 2015

Telecommunications firm KT saw its operating profit surpass the 1 trillion won mark last year for the first time since 2012. The Korean telecom firm reported …

POSCO records net loss for first time
POSCO records net loss for first time

POSCO Group logged its first-ever net loss of 96 billion won ($79.4 million) in 2015, due to weak global demand for steel products and adverse currency …

Samsung Life to buy shares in Samsung Card
Samsung Life to buy shares in Samsung Card

Samsung Life Insurance will take over a 37.45 percent stake in Samsung Card from Samsung Electronics in a deal worth 1.54 trillion won ($1.27 billion), the …

After a robust year, KAI vows to expand overseas business
After a robust year, KAI vows to expand overseas business

 After securing a multibillion-dollar project to produce homegrown fighter jets late last year, the nation’s sole aircraft manufacturer Korea Aerospace …

Seeking nostalgia in slowing economy
Seeking nostalgia in slowing economy

Retro fever is spreading throughout South Korea, driving companies to invoke the past in their marketing efforts. Sparked by a series of TV programs and …

[Newsmaker] Samsung warns of tough year on weaker smartphone sales
[Newsmaker] Samsung warns of tough year on weaker smartphone sales

Samsung Electronics on Thursday warned of weaker earnings this year amid slowing demand for consumer electronics, especially its mainstay smartphones. In a …

McDonald’s introduces customizable gourmet burgers in Busan
McDonald’s introduces customizable gourmet burgers in Busan

McDonald’s Korea rolled out its “Signature Burger” menu in five stores in Busan last week, following the successful launch of the fast-food chain’s …

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