Archive by category Business

Korean shares closed lower Thursday as a drop in global oil prices and fears of a possible U.S. rate hike down the road spooked investors. The local currency …

Eating insects is not new to Koreans. During the postwar era, people struggled to find sources of protein, particularly in rural areas. Now decades later, they …

GIVING BACK TO COMMUNITY — S-Oil president Kim Dong-cheoul (left) poses with Siru representative Pyo Jae-soon (center) and S-Oil senior vice president …

Korea will cut red tape related to “robo advisers,” allowing intelligent machines to advise retail investors where to put their money from later this year, …

LG Electronics’ mobile business chief Cho Ju-no said Thursday that the company’s upcoming flagship smartphone G5 will offer differentiated value to …

Hyundai Heavy Industries, the nation’s top shipbuilder, said Wednesday the company has signed a memorandum of understanding with General Electric to form a …

Hyundai Merchant Marine, the nation’s second-largest shipping company, said Thursday it is striving to lower freight rates on chartered fleets in a desperate …

Samsung Electronics on Thursday unveiled a new corporate vision, called “Start-up Samsung,” with aims to mimic the flexible and creative business models of …

Starbucks Korea offers ‘Cherry Blossom’ drinks Starbucks Korea is offering three types of “Cherry Blossom” drinks as part of its limited-edition spring …

China has enough policy tools to keep the economy stable despite “deep rooted” structural problems and downward pressure, Premier Li Keqiang said on …