Archive by category Business

[Newsmaker] Internal strife simmering at KB Financial
[Newsmaker] Internal strife simmering at KB Financial

The falling credibility of KB Financial Group shows no sign of abating, even appearing to further deteriorate amid escalating internal troubles. The …

[Graphic News] Prolonged doubt over consumption growth
[Graphic News] Prolonged doubt over consumption growth

Both disposable income and consumption of South Korean households increased in the first quarter on-year, a data from Statistics Korea said. However, the …

World airport execs start meeting in seoul

The general assembly meeting of the Airports Council International, the world’s largest gathering of airports, kicks off in Seoul on Monday, with more than …

Seoul shares expected to continue rise on foreign buying

The South Korean stock market is likely to gather ground this week, helped by overseas investors, analysts said Saturday. The benchmark Korea Composite Stock …

Apple seeks order banning older Samsung phones

Apple, following a jury verdict that Samsung Electronics infringed three of its patents, is seeking a U.S. sales ban on some older models of the South Korean …

Kakao-Daum tie-up rumored
Kakao-Daum tie-up rumored

Rumors are rising that Kakao, the nation’s top mobile messenger provider, and Daum Communications, the nation’s second-largest Internet portal company, are …

Cuba’s deputy trade minister to visit Korea for investment talks

Cuba’s deputy trade minister will visit South Korea this week, becoming the highest ranking official from the Latin American country to do so since the …

North Korea importing large number of digital TVs

North Korea’s imports of digital television sets from China have more than quadrupled this year, a South Korean trade group said Sunday, amid reports that …

Corporate dividends to foreign investors jump 14% in 2013

South Korean companies’ dividend payouts to foreign investors surged nearly 14 percent from a year earlier in 2013, partly reflecting a growth in foreign …

Postal banking services suffer network failure

The state-run Korea Post offering postal banking services said on Sunday that it fully recovered from a computer network failure that occurred early Saturday …

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