Archive by category Business

The Asian elephant eats the most out of all the animals at Seoul Grand Park, which contains a zoo. It eats up to 102.3 kilograms of food on a daily basis. On …

PLEDGE FOR FAIR TRADE—POSCO chairman Kwon Oh-joon (seventh from right) poses with Fair Trade Commission chairman Chung Jae-chan (eighth from right) and …

Korea Communications Commission chairman Choi Sung-joon said Thursday he will have discussions with top officials from the U.S. communications regulator over a …

From China to the U.S., South Korean cosmetics firms have been making inroads into the global market by diversifying their product lines and brand image to …

The duty-free unit of Hotel Lotte will seek to acquire global luxury brands as well as foreign tax-free operators as part of efforts to expand its presence and …

Korean shares closed slightly higher Thursday as the U.S. Federal Open Market Committee’s (FOMC) March minutes met expectations, analysts said. The local …

Korea’s antitrust watchdog has launched an investigation into foreign banks on speculation over collusions on foreign exchange swap bids, sources said …

Tightened taxation rules affected sales of luxury company cars with more than 1 million won ($86,805) price tag, most of which are foreign car brands, in the …

The antitrust watchdog is likely to slap 13 Korean builders with combined fines of 500 billion won ($430 million) for collusion, industry sources close to the …

Since its launch a decade ago, Pangyo Techno Valley in Pangyo, Gyeonggi Province, has grown to become the largest venture hub in South Korea. It houses more …