Archive by category Business

A Korean fashion event drew the curtains after achieving a record-high number of export deals from foreign fashion businesses, state data revealed Wednesday. …

Korean credit card firms saw their combined net profits shrink last year from a year earlier, marking the first fall in three years, as they spent more on …

Hanmi Science, the holding company of South Korean pharmaceutical company Hanmi Pharmaceutical, on Tuesday said it has purchased roughly 200,000 square meters …

Creditors, led by the state-run Korea Development Bank, decided Tuesday to give some breathing room for cash-strapped shipping company Hyundai Merchant Marine, …

Samsung Life Insurance will relocate its headquarters in July to a corporate building in Seocho-gu, southern Seoul, following Samsung Electronics’ move to …

STARBUCKS START-UP CAFE — Minister of Science, ICT and Future Planning Choi Yang-ho (second from right), Starbucks Coffee Korea CEO Lee Seock-koo (third from …

Hyundai Corp., a leading Korean trading company, has become the latest member of the pan-Hyundai empire, which refers to Hyundai Motor Group, Hyundai Group, …

Korean stocks closed 0.62 percent higher Tuesday as downbeat U.S. economic data raised questions over a near-term rate increase by the Federal Reserve, …

When the superrich win big, they also lose big. This is especially true regarding the stock wealth of owners of chaebol — Korean family-owned …

SAMSUNG PAY HITS CHINESE MARKET — Samsung Electronics said Tuesday that it has rolled out mobile payment solution Samsung Pay, currently available on …