Archive by category Business

[Market Now] KB, Korea Investment in takeover battle over Hyundai Securities
[Market Now] KB, Korea Investment in takeover battle over Hyundai Securities

The race to take over Hyundai Securities will come down to two Korean financial holdings giants – KB Financial Group and Korea Investment Holdings – …

Netmarble may seek IPO on main bourse
Netmarble may seek IPO on main bourse

Netmarble Games, South Korea‘s No.1 mobile game developer and publisher, is expected to seek listing on the country’s main bourse instead of the tech-heavy …

[Weekender] ‘Giving up not an option for Korea’s space development’
[Weekender] ‘Giving up not an option for Korea’s space development’

DAEJEON — Like many people, Cho Gwang-rae, president of the Korea Aerospace Research Institute, has always been fascinated by space rockets and outer …

[Photo News] Hotel Shilla opens new duty-free shop
[Photo News] Hotel Shilla opens new duty-free shop

HOTEL SHILLA OPENS NEW DUTY-FREE SHOP — Hotel Shilla president Lee Boo-jin (center), the eldest daughter of Samsung Electronics chairman Lee Kun-hee, …

HDC Shilla formally opens duty-free store in central Seoul
HDC Shilla formally opens duty-free store in central Seoul

HDC Shilla Duty Free, a joint venture between Hotel Shilla and Hyundai Development, officially opened its new duty-free store in central Seoul on Friday, …

Government to check non-tariff barriers against Korean goods
Government to check non-tariff barriers against Korean goods

The Korean government will conduct a close inspection of non-tariff barriers in overseas markets that restrict sales of Korean-made goods as part of its …

DSME may face investor class-action suit over false earnings report
DSME may face investor class-action suit over false earnings report

Daewoo Shipbuilding & Marine Engineering, one of the nation’s top shipbuilders, may face a class-action lawsuit by long-term investors over its past …

Hanwha, Daewoo land $20b Saudi housing deal
Hanwha, Daewoo land $20b Saudi housing deal

A three-party consortium including Hanwha Engineering & Construction has won a $20 billion project to build 100,000 homes in Saudi Arabia, company …

Three bid for KDB Capital
Three bid for KDB Capital

Three groups have submitted preliminary bids for KDB Capital, an equipment leasing and venture capital firm 99.9 percent owned by Korea Development Bank, the …

LG Uplus CEO acquires 20,000 shares
LG Uplus CEO acquires 20,000 shares

LG Uplus, the nation’s No. 3 telecom carrier, said Thursday that CEO and vice chairman Kwon Young-soo has acquired 20,000 company shares.  The company’s …

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