Archive by category Business

Boeing Korea vows more R&D investment in Korean firms
Boeing Korea vows more R&D investment in Korean firms

Boeing Korea president Eric John said Thursday he would invest more in aerospace research and development projects in Korea to forge closer ties with Korean …

Eli Lilly chairman visits Samsung drug companies
Eli Lilly chairman visits Samsung drug companies

The chairman of American pharmaceutical giant Eli Lilly & Co. visited the headquarters of Samsung BioLogics and Samsung Bioepis on Wednesday, fueling …

KOSDAQ stability questioned after suspicious Codes Combine rally
KOSDAQ stability questioned after suspicious Codes Combine rally

A loss-making apparel company’s mysterious nine-day rally on KOSDAQ has many investors questioning the stability of the country’s secondary bourse, which …

Korean stocks, won hit yearly highs on Fed’s dovish stance
Korean stocks, won hit yearly highs on Fed’s dovish stance

Korean shares hit a yearly high on Thursday, buoyed by increased demand for risky assets following the Federal Reserve’s decision to freeze rates, with …

Competition intensifies over premium instant noodles
Competition intensifies over premium instant noodles

Competition in Korea’s instant noodle market is heating up with food processing companies seeking new business models to increase their revenues amid the …

LG bets big on G5, Friends smart products
LG bets big on G5, Friends smart products

LG Electronics has been making all-out marketing efforts for its upcoming marquee smartphone G5 and a smart device lineup, dubbed Friends, ahead of their …

Chinese EV maker mulls production line in Korea
Chinese EV maker mulls production line in Korea

Joylong Automobile, a Chinese electric vehicle manufacturer, signed a memorandum of understanding with Gwangju Metropolitan City on Wednesday to build its …

Samsung still skeptical about OLED TV
Samsung still skeptical about OLED TV

Samsung Electronics, the world’s largest TV maker, appears to be skeptical about producing its own version of organic light-emitting diode display TVs …

China emerges as Korea’s biggest bond investor
China emerges as Korea’s biggest bond investor

China has become Korea’s largest bond investor for the first time, according to the Financial Supervisory Service on Thursday. The world’s second-largest …

Kia eyes small SUV market with ‘Niro’ hybrid
Kia eyes small SUV market with ‘Niro’ hybrid

Kia Motors has set its sights on the compact sport utility vehicle market this year, armed with its first hybrid SUV, dubbed the “Niro,” to cement market …

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