Archive by category Business

National pension fund to increase stock investment

South Korea’s national pension fund plans to boost its stock investment in the coming years while cutting exposure to safer assets in order to raise its …

[Newsmaker] Integrated emergency response system in need
[Newsmaker] Integrated emergency response system in need

Korea prides itself for being superfast at adopting and building new things like none other. It can make planes, trains and automobiles, and even ships, robots …

Will Samsung join Qualcomm’s AllJoyn open source platform?
Will Samsung join Qualcomm’s AllJoyn open source platform?

Samsung Electronics is considering joining Qualcomm’s AllJoyn project, but there is some debate over the possibility as Samsung is currently developing its …

Korea expands global transport partnership
Korea expands global transport partnership

South Korea is seeking to expand its ties with other nations in finding transport solutions to global challenges such as urbanization and climate change. A …

Integrated resorts seen as cash cows for gaming biz
Integrated resorts seen as cash cows for gaming biz

MACAU ― In a struggle to challenge Macau in the casino business, up-and-coming players such as Singapore have introduced the concept of integrated resorts, …

[Photo News] All new Carnival
[Photo News] All new Carnival

Kia Motors unveils the refashioned version of its Carnival minivan at a launch event on Thursday at a Seoul hotel. The car’s fourth row of seats can be …

SPC opens Paris Baguette outlets in Boston, California
SPC opens Paris Baguette outlets in Boston, California

Paris Baguette on Massachusetts Avenue in Boston. (SPC) SPC Group opened two Paris Baguette outlets in the U.S., the food maker said Thursday. The …

Hyundai Mobis to invest W1.8tr in R&D by 2015

Hyundai Mobis, South Korea’s largest car parts manufacturer, said Thursday it will invest 1.8 trillion won ($1.75 billion) into research and development by …

Korea recoups 63.5% of bailout funds

The government has recouped 63.5 percent of the public funds it spent to bail out troubled financial firms during the 1997-98 Asian financial crisis, the …

Seoul and Beijing to hold new round of FTA negotiations

South Korea and China will hold a fresh round of negotiations for a bilateral free trade agreement next week, the government said Thursday. The 11th round of …

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