Archive by category Business

South Korea and China have agreed to better implement the bilateral free trade agreement and ease non-tariff barriers for Korean companies operating businesses …

Shareholders of Hyundai Merchant Marine on Friday gave a nod to a capital reduction designed to keep the country’s No. 2 shipping line listed on the local …

LG Electronics said Friday it will start the global sales of its latest flagship smartphone, the G5 as of Mar.31. First introduced at the Mobile World Congress …

South Korean share prices edged up on Friday following overnight gains on Wall Street. The benchmark Korea Composite Stock Price Index gained 5.22 points, or …

President Park Geun-hye said Thursday she would create and preside over a strategic council on science and technology that will overhaul South Korea’s …

The Financial Services Commission said on Thursday that it held a closed-door meeting with officials from the Financial Supervisory Service, Bank of Korea and …

Samsung C&T on Thursday denied rumors that it was in talks with paint group KCC to sell its residential construction business. “We’re not considering …

Volvo Trucks aims to double its annual sales in Korea to 4,000 units by 2020, Volvo Group CEO Martin Lundstedt said in Seoul on Thursday. “The year 2015 was …

An average Korean household holds 300,000 won ($255) in cash, a Bank of Korea survey shows. Those with heads of households who are older tend to hold larger …

Chinese Premier Li Kequiang (center) visits the GCCEI in Pangyo, Gyeonggi Province, in November. (Yonhap) “Wait a minute. I have a question. What is in it …