Archive by category Business

[Weekender] Let the shoes do the talking
[Weekender] Let the shoes do the talking

Kwon Ji-won, 33, who works as a human resources manager at a local consulting firm, is the certified shoe-buff at her office. “I prefer shoes to other …

Hanwha Group ventures into solar power business in Turkey
Hanwha Group ventures into solar power business in Turkey

Hanwha Group has recently established a branch in Turkey in what was seen as a move to grab one of the world’s fastest-growing solar power markets. Hanwha …

Samsung, LG lead global TV market
Samsung, LG lead global TV market

Korean tech giants Samsung Electronics and LG Electronics maintained their leadership in flat TV sales in the first quarter of this year with their aggregate …

Hyundai adopts 2-track pricing strategy for Sonatas in U.S

Hyundai Motor, South Korea’s largest carmaker, has adopted a two-track pricing strategy for its brand new Sonata sedan, asking for a “fair price” for …

Won set to end three-week rally on intervention

The won was set to stall a three-week rally amid speculation South Korean authorities acted to limit the currency’s appreciation. The Bank of Korea and the …

Seoul shares close flat on profit-taking

South Korean stocks closed almost flat Friday as profit-taking institutional investors offset foreign buying, analysts said. The South Korean won closed lower …

Kyobo Life Insurance carries out restructuring

Kyobo Life Insurance, the nation’s third-largest life insurance provider in terms of assets, is set to start downsizing its organization amid persistent …

Commerce minister urges public firms to normalize

South Korea’s commerce minister on Friday urged continued efforts by public firms, especially energy companies, to reduce their debts and enhance their …

Korea’s trade terms improve in April

South Korea’s terms of trade improved in April from a year earlier as prices for imports fell at a faster pace than those for exports, the central bank said …

Monthly household income grows 5% in Q1

Monthly household income in South Korea grew 5 percent on-year during the first quarter, thanks to improving labor market conditions that led to more …

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