Archive by category Business

Lotte Group founder Shin Kyuk-ho on Tuesday was replaced from the board room of the retail giant’s hotel unit, putting an end to his 43-year-grip amid an …

LG TEAMS UP WITH STATHAM FOR TV AD – LG Electronics has joined hands with movie actor Jason Statham and filmmaker Fredrik Bond to roll out a TV …

Network operator KT said on Wednesday it has started offering long-term evolution-machine — or LTE-M — services, which allow cost-effective …

Korea’s top steelmaker POSCO will be expanding its global business through its world premium automotive steel sheet products, the company said Tuesday. With …

Asia’s biggest international biotechnology and health care convention Bio Korea 2016 will kick off at Coex in southern Seoul on Wednesday, bringing together …

The Korean Transportation Ministry has filed a complaint against the Korean unit of German carmaker Mercedes-Benz with the prosecution on charges of having …

Korea’s largest network operator SK Telecom said Monday it will team up with Samsung Electronics to build the Internet of Things test bed in Daegu, in their …

With Me, Shinsegae Group‘s convenience store chain, has rolled out a new line of coffee priced at 500 won (43 cents) per cup, the cheapest takeout coffee …

Korean stocks closed slightly lower Monday as investors took to the sidelines ahead of the Fed chair’s speech that could provide clues to the U.S. …

Hyundai Motor Group chairman Chung Mong-koo and other high-ranking officials presented the firm’s investment and R&D roadmaps for future mobility to a …