Archive by category Business

[Photo News] Korean food in the air
[Photo News] Korean food in the air

KOREAN FOOD IN THE AIR – Celine Balmelle, general manager of Air France-KLM in Korea (far right) and chef Kim Youn-young of Korean restaurant Woonsan …

Korean Air to begin regular flights to Okinawa
Korean Air to begin regular flights to Okinawa

Korean Air, the country’s largest airline, will begin servicing regular flights to Okinawa from Incheon, the company said Monday. Starting May 5, the airline …

Mr. Pizza chairman faces police probe over alleged assault
Mr. Pizza chairman faces police probe over alleged assault

The police has summoned the chairman of MPK Group, which runs the Korean pizza chain Mr. Pizza, over an allegation that he assaulted a security personnel for …

Stocks close higher on foreigners after trading flat
Stocks close higher on foreigners after trading flat

Korean shares closed higher Monday on the back of foreigners, although the market traded sluggish earlier in the session as investors eyed the U.S. Federal …

[News Focus] Tesla secures upper hand over suppliers
[News Focus] Tesla secures upper hand over suppliers

Tesla Motors, upbeat on soaring orders for its new $35,000 full-electric family sedan Model 3, seems to have already secured an upper hand in its upcoming …

Government to invest W100b to develop supercomputers
Government to invest W100b to develop supercomputers

The Korean government has rolled up its sleeves to develop more advanced supercomputing systems than AlphaGo after the artificial intelligence by Google’s …

Korea seeks to foster insect industry
Korea seeks to foster insect industry

From healthy snacks to cosmetics, the government is seeking to expand the use of insects in everyday items through a five-year comprehensive plan released on …

12cm begins smart stamp service at Japan’s FamilyMart
12cm begins smart stamp service at Japan’s FamilyMart

On March 30, the O2O (Online to Offline) service company 12cm (CEO: Jeong Gyoun Han) announced that it recently began offering its smart stamp service at …

Hanwha Total pays record-high dividends
Hanwha Total pays record-high dividends

Hanwha Total, one of the three chemical units of Hanwha Group, is set to pay its shareholders a record high of 434.1 billion won ($377 million) in cash …

Car in transit to smart device: Hyundai CEO
Car in transit to smart device: Hyundai CEO

Hyundai Motors America CEO David Zuchowski has forecast that a car will eventually evolve into a smart device combining the know-how of both tech firms and …

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