Archive by category Business

KB Financial Group chief Yoon Jong-gyu said Friday that its planned takeover of Hyundai Securities will bring the group one step closer to his vision of …

KB Financial Group has emerged winner of the hotly contested takeover battle for Hyundai Securities, the sale’s manager announced Thursday. “KB Financial …

South Korea’s online sales to foreign customers nearly tripled last year from a year earlier on the back of rising demand from Chinese consumers, a report …

Foreign patients who undergo plastic surgery in Korea will receive VAT refunds starting April 1, the Ministry of Health and Welfare said Thursday. The measure …

South Korean stocks closed 0.3 percent lower on Thursday after foreign investors sold large cap shares, analysts said. The local currency rose to a four-month …

Two key economic indicators released Thursday sent mixed signals about the health of Korea’s economy. There were some improvements in manufacturing but …

Corporate profitability improved in 2015 as more Korean companies implemented cost-cutting measures. They also benefited from lower commodity prices, according …

Despite intensifying competition from foreign brands, South Korea’s homegrown coffee franchise Ediya Coffee on Wednesday expressed “high confidence” in …

CHINESE SHOPPERS CRUISE TO BUSAN — Chinese tourists shop at the newly opened Shinsegae Duty Free in Shinsegae Department Store’s Centum City branch in …

Asiana Airlines’ plans to launch a second budget carrier could be delayed as the government has rejected a flight certificate application, industry sources …