Archive by category Business

KT&G rolls out limited edition SEASONS Summer Special
KT&G rolls out limited edition SEASONS Summer Special

‘SEASONS Summer Special’ KT&G will roll out limited edition SEASONS Summer Special cigarettes with a package designed for the season, the company …

Seoul shares decline slightly on profit-hunting

South Korean stocks retreated 0.34 percent on Monday as investors indulged in profit-taking after a weeks-long strong performance of the market, analysts said. …

Shinhan Bank employee sacked for embezzling W131m

An employee of the country’s third-largest bank was belatedly found to have misappropriated a massive amount of money from the bank last year, regulators …

Ford recalls over 2,200 Escape SUVs in Korea

Ford Sales and Service Korea, the local importer and distributor of U.S. automaker Ford Motor Co., is recalling more than 2,200 Escape sport utility vehicles …

Consortium to survey N.K.-Russia economic project

A South Korean consortium plans to carry out a second inspection on a North Korea-Russia economic project in a bid to closely examine its business feasibility, …

Teachers’ pension fund to boost stock investment

The Korea Teachers Pension, the country’s No. 2 retirement fund, will boost its equities investment this year as the local stock market is widely expected to …

[SUPER RICH] Living with a secret
[SUPER RICH] Living with a secret

The health issues of company owners have recently, taken precedence above all else in the corporate world following the recent hospitalization of Samsung Group …

Korea Yakult’s crown prince Yoon has a lot to prove

Yoon Ho-jung, executive director of Korea Yakult, has been flying under the radar. Forbes Korea assumes that Yoon has 592.2 billion won ($578 million) in …

Daum, Kakao announce merger
Daum, Kakao announce merger

Daum, Korea’s second-largest Internet portal giant, announced Monday that it had decided to merge with Kakao, the country’s top mobile messenger …

Samsung chairman regains consciousness

Samsung Electronics chairman Lee Kun-hee, being treated in hospital after a heart attack over the past two weeks, has regained consciousness, the company said …

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