Archive by category Business

Samsung Group chairman Lee Kun-hee is known as Korea’s most powerful business tycoon and its wealthiest figure, but he is also an avid art collector – a …

On the wall of Korea Finance Investment Association chairman Hwang Young-key’s office in Yeouido, Seoul, is a work of calligraphy that reads, “Finance …

Prime Minister Hwang Kyo-ahn on Friday encouraged more couples to have smaller and more frugal weddings, saying that an extravagant event imposes huge …

Prices of Korean beef, or “Hanwoo,” are continuing to rise due to growing demand and fewer Korean-bred cattle, data showed Friday. According to the …

South Korea’s two budget carriers have been slapped with 600 million won ($524,000) in fines each for breaching flight safety regulations, the …

Hite Jinro Holdings said on Friday it will sell off 3 million of Hite Jinro shares to redeem the beverage seller’s debts and improve its overall financial …

Hyundai Merchant Marine expects its liquidity crunch to ease in the second half of the year, after selling its stake in Hyundai Securities at possibly triple …

Five bidders have been taken through to the final round in the auction of Sambu Construction Industrial, a local building materials-maker with annual revenue …

South Korean drug manufacturer Samsung Bioepis will be launching its second biosimilar product, Renflexis, in Korea at 363,530 won ($315) per box. Its price is …

Kakao Corp., the operator of South Korea‘s top mobile messenger KakaoTalk, has been included in a government list of large business groups whose mutual …