Archive by category Business

[Graphic News] Koreans spend big overseas
[Graphic News] Koreans spend big overseas

Lackluster consumer spending has been a headache for policymakers striving to reinvigorate the sluggish economy, but recent data show that Koreans are spending …

NPS purchases shares in Korean firms
NPS purchases shares in Korean firms

The National Pension Service, Korea’s largest institutional investor, said it had purchased shares of Korean companies in various sectors. In multiple …

[Super Rich] Nine hidden superrich
[Super Rich] Nine hidden superrich

The 2016 Forbes World’s Billionaires list released last month includes 31 Koreans after calculating their personal wealth — value of listed and …

[Super Rich] Questions over deal for succession at Daelim resurface
[Super Rich] Questions over deal for succession at Daelim resurface

The recent fuss involving misbehavior of Daelim Group‘s Lee Hae-wook has raised the public attention to how the relatively little-known third-generation …

Organica’s Anseong juice plant kicks off production
Organica’s Anseong juice plant kicks off production

Organica Day, the juice-making arm of Herald Corp. said Tuesday that it has begun operating its new juice production plant equipped with high pressure …

Korean stocks down 0.82% on oil slide, profit-taking
Korean stocks down 0.82% on oil slide, profit-taking

Korean stocks dropped 0.82 percent on Tuesday as foreign investors locked in profits by selling large cap shares following a slide in oil prices, analysts …

GM Korea to keep importing Impala sedan
GM Korea to keep importing Impala sedan

GM Korea said Tuesday that it has decided to continue importing Chevrolet’s premium sedan Impala instead of producing them here. “We decided to keep …

Korea, Mexico agree on drug standards deal
Korea, Mexico agree on drug standards deal

South Korea and Mexico signed an agreement in Mexico City Tuesday to mutually recognize each state’s pharmaceuticals qualification standards, a move expected …

Hyundai to seek ties with tech giants for connected car
Hyundai to seek ties with tech giants for connected car

Hyundai Motor Group, the world’s fifth largest automaker in sales, said Tuesday it will seek more tie-ups with global tech giants to take a lead in the …

Ho-Am Prize winners named
Ho-Am Prize winners named

The Ho-Am Foundation on Tuesday announced the six recipients of its annual prize, often referred to as the Korean equivalent of the Nobel Prize. The winners …

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