Archive by category Business

FTC to get tough on intra-company trade, revise fair trade law
FTC to get tough on intra-company trade, revise fair trade law

The nation’s antitrust watchdog head said Thursday that it would take a tougher stance on conglomerates’ inter-subsidiary dealings, stressing that they …

Samsung NEXT launches Q Fund for next generation of AI startups
Samsung NEXT launches Q Fund for next generation of AI startups

Samsung NEXT, which focuses on entrepreneurs based in Mountain View, California, said Thursday it has launched a new fund to help enable startups with …

Hyundai Motor to sponsor La Liga’s Atletico Madrid
Hyundai Motor to sponsor La Liga’s Atletico Madrid

Hyundai Motor has become a global automotive sponsor for La Liga’s leading football club Atletico Madrid, stepping up sports marketing efforts in Europe, the …

Korea needs a boost to domestic demand
Korea needs a boost to domestic demand

With the prospects for Korea’s exports in the coming years dimming, there is increased pressure to expand domestic demand, particularly by promoting service …

Would you buy meat from vending machines?
Would you buy meat from vending machines?

With the rise in the number of one-person households in the nation, 24-hour vending machines selling meat are going to be in service starting end of June. …

[US-NK Summit] Major research institutes, ministries join peace mood of US-NK summit
[US-NK Summit] Major research institutes, ministries join peace mood of US-NK summit

South Korea’s state-owned energy corporations and think tanks have recently been observed empowering their inter-Korean economic cooperation functions, in …

Police begin probe into Coinrail hacking attack
Police begin probe into Coinrail hacking attack

The South Korean police began an investigation on Monday after Korea’s seventh largest crypto exchange Coinrail lost more than 40 billion ($37 million) in …

Seoul’s stock market buzzes ahead of Trump-Kim summit
Seoul’s stock market buzzes ahead of Trump-Kim summit

Seoul’s stock market is expected to be highly active this week, with investors optimistic about the widely tipped momentum following the Washington-Pyongyang …

[Herald Interview] Bridging Seoul and London, with a British touch
[Herald Interview] Bridging Seoul and London, with a British touch

It all started from a mere curiosity of Korea and its complex but unfortunate history. In the eyes of Sean Blakeley, CEO of the British Chamber of Commerce in …

Kakao Bank to launch chatbot to upgrade unmanned customer service
Kakao Bank to launch chatbot to upgrade unmanned customer service

Kakao Bank, South Korea’s largest internet-only bank, on Friday showcased a beta version of a customer service chatbot it expects to play a crucial role in …

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