Archive by category Business

KB Financial, Hyundai Securities to ink takeover deal next week

KB Financial Group is expected to sign a stock-purchase agreement to take over Hyundai Securities Co. next week, industry sources said Saturday. KB Financial …

Hyundai garners 3 of Germany’s top-10 popular import-cars
Hyundai garners 3 of Germany’s top-10 popular import-cars

South Korea’s top automaker Hyundai Motor Co. took up three out of the top 10 best-selling import cars in Germany, industry data showed Saturday, …

Seoul shares forecast to take breather next week

South Korean shares are expected to remain in a tight range next week as investors take to the sidelines ahead of corporate earnings seasons at home and …

LG Chem’s takeover deal to be finalized next week

LG Chem Co., South Korea’s top chemicals company, said Friday that it has agreed to take over a local pesticides and fertilizer maker for 425 billion won …

Hyundai to launch world’s first fuel cell car sharing service in Germany
Hyundai to launch world’s first fuel cell car sharing service in Germany

Hyundai Motor said Friday it will debut its car-sharing service — based on its hydrogen fuel cell electric vehicle — in Munich, Germany this …

Falling number of Korean cattle raises price worries
Falling number of Korean cattle raises price worries

The number of Korean-bred cattle is continuing to fall, adding to speculation that the prices of prized local beef, known as hanwoo, will keep soaring, showed …

Korean stocks down 0.1% on profit-taking
Korean stocks down 0.1% on profit-taking

Korean stocks shed 0.1 percent on Friday as institutional investors opted to lock in recent gains following overnight falls in Wall Street, analysts said. The …

Park stresses job creation through ‘creative economy’
Park stresses job creation through ‘creative economy’

President Park Geun-hye emphasized the need to foster a “creative economy” that can help churn out more jobs and address the biggest challenge …

Drive to attract regional corporate headquarters losing steam
Drive to attract regional corporate headquarters losing steam

A report on the attractiveness of six Asian locations as regional corporate headquarters showed Korea lags far behind. The study titled “Asia Pacific …

[Photo News] President’s visit to innovation center
[Photo News] President’s visit to innovation center

PRESIDENT’S VISIT TO INNOVATION CENTER — President Park Geun-hye (left) and LG Group chairman Koo Bon-moo look at products made by venture companies …

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