Archive by category Business

Xiaomi’s affiliate ZMI forays into Korean market
Xiaomi’s affiliate ZMI forays into Korean market

SK Planet, the operator of e-commerce platform 11st, said Monday that it has joined hands with ZMI, an affiliate of Chinese budget smartphone-maker Xiaomi. …

Hopes high for Publicis-Cheil tie-up
Hopes high for Publicis-Cheil tie-up

Expectations are high for French ad giant Publicis Groupe’s rumored purchase of a controlling stake in Cheil Worldwide, Samsung Group’s advertising agency. …

[Photo News] KT to build smart farms with Japanese theme park operator
[Photo News] KT to build smart farms with Japanese theme park operator

  KT TO BUILD SMART FARMS — Yoon Kyung-lim(left), head of mobile carrier KT’s future convergence business office, and Katsuyuki Kitagawa, CEO of ASO …

[Newsmaker] Korean Air pilots call for 37% raise amid offer from overseas
[Newsmaker] Korean Air pilots call for 37% raise amid offer from overseas

The nation’s flagship carrier Korean Air faces a bumpy ride as its two pilot unions plan to cast a vote on the pay raise proposed by management — 1.9 …

KT&G’s exports exceed sales at home
KT&G’s exports exceed sales at home

KT&G Corp., the country’s largest tobacco-maker by market share, said Monday that its annual overseas cigarette sales surpassed its domestic sales for …

Seoul shares end almost flat on China rebound
Seoul shares end almost flat on China rebound

South Korean stocks closed nearly flat on Monday after falling as much as 1.3 percent in morning trade, as China’s stock rout took a breather. The Korean …

[Photo News] President Park visits KCCI campaign site
[Photo News] President Park visits KCCI campaign site

PUBLIC PETITION TO URGE BILL PASSAGE — President Park Geun-hye (center) on Monday visits a campaign site organized by the Korea Chamber of Commerce and …

LG Uplus halts online ads featuring Taiwanese K-pop singer
LG Uplus halts online ads featuring Taiwanese K-pop singer

Controversy over a Taiwan-born K-pop singer, who became the center of a political dispute between China and Taiwan for holding the national flag of the island …

China bonds fall as Yuan drop fuels concern outflows to quicken
China bonds fall as Yuan drop fuels concern outflows to quicken

China’s government bonds fell on concern a weaker yuan will spur capital outflows, impacting the availability of funds in the financial system. In a sign of …

Stock slump worsens in Asia as Iran sinks crude oil
Stock slump worsens in Asia as Iran sinks crude oil

The worst start to a year for global stocks extended into a third week as crude oil sank to a fresh 12-year low. Demand for haven assets supported government …

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