Archive by category Business

Korean Air heiress denies assault allegation
Korean Air heiress denies assault allegation

Cho Hyun-min, a former senior vice president of Korean Air, returned home after 15 hours of police questioning during which she reportedly denied allegations …

LG Electronics unveils G7 ThinQ in New York
LG Electronics unveils G7 ThinQ in New York

LG Electronics unveiled its seventh edition of G series smartphone, dubbed G7 ThinQ, to its global consumers in New York on Wednesday, highlighting on its …

[Photo News] Package deliveries continue on Labor Day
[Photo News] Package deliveries continue on Labor Day

DELIVERIES ON LABOR DAY — A deliveryman unloads packages from a truck at an apartment complex in Seoul on Tuesday, Korea’s official Labor Day. Under …

Inter-Korean thaw strengthens Korean won
Inter-Korean thaw strengthens Korean won

The local currency strengthened against the greenback for two consecutive trading days until Monday on heightening expectations of a thaw in inter-Korean …

Asiana opens direct Seoul-Venice flights
Asiana opens direct Seoul-Venice flights

Asiana Airlines, the country’s second-largest air carrier, has launched a direct air route to Italy’s Venice that operates three times a week, marking the …

Live video of Inter-Korean summit attracts 2.5 million viewers on Twitter
Live video of Inter-Korean summit attracts 2.5 million viewers on Twitter

The inter-Korean summit livestreamed Friday on Twitter attracted around 2.5 million viewers, according to the social networking service firm on Monday. Around …

Samsung, SK hynix sued by US consumers for fixing DRAM prices
Samsung, SK hynix sued by US consumers for fixing DRAM prices

The world’s two-largest memory makers based in South Korea, Samsung Electronics and SK hynix, are facing a legal battle against US consumers who claim that …

Stocks end higher on historical summit
Stocks end higher on historical summit

South Korea’s stock markets ended higher Friday in the wake of a historic inter-Korean summit that signaled the path to denuclearization of the Korean …

GM, Seoul government agree to invest $7.1 billion in local unit
GM, Seoul government agree to invest $7.1 billion in local unit

US auto giant General Motors and the Seoul government agreed to inject a combined $7.1 billion to save the ailing local unit, the company said Thursday. GM has …

GM expedites negotiation ahead of Q1 2018 earnings conference call
GM expedites negotiation ahead of Q1 2018 earnings conference call

Two days since GM Korea and the union narrowly avoided court protection, GM headquarters is speeding up its push to reach an agreement with the South Korean …

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