Archive by category Business

[Weekender] Careful focus on public need key to urban regeneration
[Weekender] Careful focus on public need key to urban regeneration

Last month, an elevated road crossing located near Seoul Station officially closed down, signaling the beginning of the Seoul Metropolitan Government’s 23.2 …

Samsung’s SmartThings to enter Korea in Q1
Samsung’s SmartThings to enter Korea in Q1

SmartThings, a U.S. smart home start-up acquired by Samsung Electronics last August, will enter the Korean market in the first quarter of this year, company …

Finance Minister, BOK chief agree to work together
Finance Minister, BOK chief agree to work together

Two of the nation’s top economic policymakers have agreed to work together to shape fiscal and monetary policies for managing economic risks.  Finance …

Finance Minister, BOK chief agree to work together
Finance Minister, BOK chief agree to work together

Two of the nation’s top economic policymakers have agreed to work together to shape fiscal and monetary policies for managing economic risks.  Finance …

FSC chief calls for Korea’s MSCI index inclusion

South Korea’s top financial regulator called on the chief of global index provider MSCI Inc. on Friday to include the nation in its advanced market …

Hyosung chief gets 3 years in jail
Hyosung chief gets 3 years in jail

Hyosung Group chairman Cho Seok-rae was sentenced to three years in prison and a 136.5 billion won ($113 million) fine by the Seoul Central District Court on …

Seoul shares fall on China woes

South Korean shares dropped 1.1 percent to hit a five-month low on Friday as investor sentiment was again spooked by losses in the Chinese stock market. The …

Sudan expects S. Korean firms in gold mining: envoy

Sudan hopes for a rush of South Korean companies into its mining industry, the African country’s top envoy in Seoul said. “(We) expect South Korean …

Hyundai Motor fastest-growing auto brand in Germany

South Korea’s leading carmaker Hyundai Motor, sold a record number of cars in Germany in 2015, data showed Friday. The company was also found to have logged …

Hyundai Motor fastest growing auto brand in Germany
Hyundai Motor fastest growing auto brand in Germany

Hyundai Motor Group vice chairman Chung Eui-sun (Yonhap) South Korea’s leading carmaker Hyundai Motor, sold a record number of cars in Germany in 2015, data …

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