Archive by category Business

[Herald Interview] Financial services broaden Mercedes appeal
[Herald Interview] Financial services broaden Mercedes appeal

Adi Ofek, managing director of Mercedes-Benz Financial Services Korea, had no hesitations on joining the Korean team in January. Among several options given to …

Infiniti aims to build Japan business in three years
Infiniti aims to build Japan business in three years

Nissan Motor’s Infiniti said it may set up business in Japan within three years as the luxury unit seeks to build its brand. “My personal expectation is …

GM now says 47 crashes tied to defect on ignition switch

General Motors as now linked 47 crashes to small cars with defective ignition switches while saying it hasn’t increased the number of deaths tied to the …

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 …

National Pension Fund reaps heavy profit from stock investment in Samsung

South Korea’s national pension fund made more than 1 trillion won ($975.1 billion) in two weeks from its Samsung Group stocks, an analysis of its latest …

Foreign investors’ dividends jump nearly 14 percent 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 …

Apple seeks order blocking sale of some 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 …

[Weekender] Accessorize Accessorize Accessorize
[Weekender] Accessorize Accessorize Accessorize

“Fashion is not something that exists in dresses only. Fashion is in the sky, in the street, fashion has to do with ideas, the way we live, what is …

[Weekender] Korea still lacks affordable secondary lines

A growing number of global luxury fashion powerhouses are tapping into secondary lines for mass-market consumers. The reason is simple: to offer affordable …

[Weekender] Brands rush to find middle ground
[Weekender] Brands rush to find middle ground

In the world of fancy footwear and watches, a new philosophy is unfolding: Keep it chic and classic like a Manolo Blahnik or a Rolex, but with cheaper price …

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