Archive by category Business

Korea trading firms turn eyes to post-sanctions Iran

South Korean general trading companies are turning their eyes to a potentially big Iranian market following the lifting of economic sanctions on the Middle …

LG Life Sciences’ diabetes drug to begin overseas sales
LG Life Sciences’ diabetes drug to begin overseas sales

LG Life Sciences, the biopharmaceuticals unit of LG Group, said Wednesday it plans to begin selling its self-developed diabetes treatment Zemiglo in five …

Heady rise and fall of Sbenu founder
Heady rise and fall of Sbenu founder

Hwang Hyo-jin, founder and CEO of …

Global oil money expected to leave Korean bourse
Global oil money expected to leave Korean bourse

Oil-producing countries will continue to pull their money out of the Korean stock market as they grapple with the prolonged slump in oil prices, a Korean …

[Graphic News] Low credit scores from overdue cell phone bills surge
[Graphic News] Low credit scores from overdue cell phone bills surge

With most telecom subscribers having only mobile phones, overdue payments are leading to a decline in their credit scores, the Korea Communications Commission …

LG Innotek to focus on new growth business
LG Innotek to focus on new growth business

Korea’s leading smartphone camera module-maker LG Innotek said Tuesday that it would focus on electronic components and materials in a bid to seek new growth …

‘Cloud transition vital for success’
‘Cloud transition vital for success’

Flexibility and mobility are core elements for businesses to counter challenges in fast-changing business environments. Cloud computing services, which enable …

Oracle hosts cloud computing conference in Korea

U.S. tech giant Oracle Corp. held a large-scale cloud computing conference in Seoul on Tuesday in an effort to tap into the fast-growing South Korean market. …

[Newsmaker] Korean biosimilar drugs on way to global expansion
[Newsmaker] Korean biosimilar drugs on way to global expansion

Led by Celltrion and Samsung Bioepis, South Korea’s biopharmaceutical companies are making strides in the emerging drug category of biosimilars — …

Seoul shares up 0.6% on China stimulus hopes

South Korean stocks rose 0.6 percent on Tuesday as investors bet on another Chinese stimulus after data showed weaker growth of the world’s No. 2 …

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