Archive by category Business

[Newsmaker] Samsung heiress ends storied marriage
[Newsmaker] Samsung heiress ends storied marriage

Ending a long-drawn dramatic episode that captivated the nation, Lee Boo-jin, the eldest daughter of Samsung Group chairman Lee Kun-hee, legally ended her …

Samsung CEO apologizes to leukemia victims
Samsung CEO apologizes to leukemia victims

Kwon Oh-hyun, the CEO and vice chairman of Samsung Electronics, handed a written apology to family members of former workers who contracted deadly diseases …

Park calls for boosting domestic demand, investment

President Park Geun-hye called Thursday to boost domestic demand and investment to help revitalize South Korea’s economy amid sluggish growth and …

CJ seeks takeover of China’s bio giant
CJ seeks takeover of China’s bio giant

CJ Group’s headquarters building in Seoul (Yonhap) CJ Cheiljedang, the country’s largest food company, is seeking to buy a controlling stake in China’s …

Antitrust watchdog to unveil governance structure of Lotte Group

South Korea’s antitrust watchdog will disclose information on the cobweb-like ownership structure of retail giant Lotte Group this month following a …

Hyundai Motor aims to sell 30,000 Ioniq hybrids
Hyundai Motor aims to sell 30,000 Ioniq hybrids

South Korea’s leading carmaker Hyundai Motor said Thursday it aims to sell up to 30,000 units of its first full-on “green car,” the Ioniq. The company …

Economic problems top concern for Korean adults

South Korean adults are most concerned about such economic problems as inadequate retirement funds, employment and income, a poll showed Thursday, reflecting …

Korea can surpass Israel’s start-up success: Yozma Korea chief
Korea can surpass Israel’s start-up success: Yozma Korea chief

Start-up Seoul is a series featuring figures in Korea’s emerging tech start-up scene. This is the 20th installment. ― Ed. In the early 1990s, Israel’s …

New finance minister stresses sweeping structural reforms

South Korea’s new finance minister said Wednesday that the country should mobilize all resources to carry out structural reforms in order to put the …

Twitter adopts autoplay function for live streams
Twitter adopts autoplay function for live streams

The winds of change are blowing through Twitter as it continues its quest for more functionalities on its 10-year-old social network platform. The San …

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