Archive by category Business

Korea, Macao agree on exchanges of tax documents

South Korea and Macao agreed on Sunday to exchange tax documents to root out South Koreans in the special administrative region of China who are trying to …

Korea’s diesel vehicle imports set record in 2015

South Korea’s imports of diesel vehicles set a new record in 2015, data showed Sunday, despite German carmaker Volkswagen AG’s fabrication of the …

[Photo News] Samsung heir poses for selfie
[Photo News] Samsung heir poses for selfie

Samsung Electronics vice chairman Lee Jae-yong on Friday poses at a college classroom in Daejeon together with a group of students. The Samsung heir made a …

Korea’s imports of Japanese fishery goods on rise

South Korea’s imports of Japanese fishery products increased on-year in 2015, data showed Sunday, marking the first rise since the 2011 Fukushima nuclear …

Hyundai Motor sells more cars in India than Europe in 2015

South Korea’s top carmaker Hyundai Motor Co. sold more automobiles in India than European countries combined in 2015, data showed Sunday, with the …

Korean goods’ presence in Iran falls amid rise of China

South Korean products’ market presence in Iran has fallen over the past few years despite increased exports volume, data showed Sunday, due to China …

Seoul shares forecast to remain flat ahead of FOMC meeting

South Korean shares are expected to trade in a limited range next week ahead of the U.S. Federal Open Market Committee (FOMC) meeting, with volatile oil prices …

Fake hoverboard batteries plague Samsung, LG
Fake hoverboard batteries plague Samsung, LG

Fake batteries are becoming a headache for Korean battery-makers Samsung SDI and LG Chem, after recent hoverboard fire and explosion cases in the U.S. …

FTC probes VW over clean diesel ads
FTC probes VW over clean diesel ads

The nation’s antitrust watchdog has launched a full-scale investigation upon suspicions that Volkswagen Korea ran false advertisements about vehicles for …

[Photo News] Hanwha Group scions in Davos
[Photo News] Hanwha Group scions in Davos

Hanwha Q Cells chief strategy officer Kim Dong-kwan (right) shakes hands with Zhao Haishan (center), vice mayor of Tianjin, China, and Hanwha Life Insurance …

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