Archive by category Business

[Photo News] BMW’s new X1 model
[Photo News] BMW’s new X1 model

BMW’S NEW X1 MODEL — BMW Korea launched its new X1 xDrive 18d model this month. It has a higher fuel efficiency compared to the previous model xDrive …

[Photo News] Ford introduces a mobile app for customers
[Photo News] Ford introduces a mobile app for customers

FORD LAUNCHES MOBILE APP — Ford Korea said Friday it is introducing a mobile application “Ford Owners App” for maximizing customer satisfaction. …

Jaguar XE surpasses Audi A4 sales in Q1
Jaguar XE surpasses Audi A4 sales in Q1

Jaguar Land Rover’s premium compact sedan XE surpassed the Audi A4 in sales in the first quarter of this year, industry data showed. According to the Korea …

Allianz ‘bargain’ sale highlights troubles in life insurance sector
Allianz ‘bargain’ sale highlights troubles in life insurance sector

The stunningly low price of Allianz Life Insurance Korea being sold to China’s Anbang Insurance Group highlights the depth of troubles facing Korea’s life …

McDonald’s Korean unit up for sale
McDonald’s Korean unit up for sale

McDonald’s, the world’s largest restaurant chain, has put its Korean unit up for sale, industry sources said. The company has asked financial services …

Finance Ministry to accelerate policy push after general election

Korea is preparing a renewed push for economic recovery after this week’s general election in a desperate attempt to jump-start the economy after a worse …

CJ chairman absent from son’s wedding
CJ chairman absent from son’s wedding

The ailing CJ Group chairman didn’t attend his son’s wedding on Saturday, due to his health condition and the court’s order that bans him from leaving …

LG develops world’s first UHD TV chip
LG develops world’s first UHD TV chip

LG Electronics said Sunday it has developed the world’s first TV reception chip that allows streaming ultrahigh-definition content without a separate set-top …

Samsung Galaxy sales up 30% in U.S.
Samsung Galaxy sales up 30% in U.S.

Samsung Electronics’ flagship Galaxy S7 is off to a promising start, with its sales in the U.S., the home turf of its archrival Apple’s iPhone, soaring 30 …

Celltrion donates least among top Korean pharma companies
Celltrion donates least among top Korean pharma companies

Celltrion has offered the least amount in charitable donations among Korea’s top 10 pharmaceutical companies last year, data showed Sunday. According to its …

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