Archive by category Business

Disputes escalated Wednesday over the government’s possible move to grant additional licenses to duty-free operators — Lotte and SK — which lost …

The government recently struck an upbeat tone on the outlook for the country’s economy in an abrupt change of stance that many economists think is not backed …

Shares in Codes Combine, a loss-making clothing company, closed 6.68 percent lower Wednesday, ending a nine-day rally that prompted the bourse operator to …

The income share of Korea’s top 10 percent earners to total earnings is the highest in Asia, according to a report released by the International Monetary …

The Perfect Imperfections charity fashion show to raise funds for physically challenged children took place at the residence of the Dutch Consul-General …

The Transport Ministry on Wednesday announced a new set of guidelines for low-cost carriers, urging them to allocate seats in order of flights canceled due to …

Eugene Corp., the country’s largest ready-mixed concrete maker, declared Tuesday a takeover bid for its smaller rival Tongyang, saying it will raise its …

The Indonesian branch of South Korean cosmetics manufacturer Cosmax has officially secured halal certification, paving the way to enter the global cosmetics …

Income equality in South Korea was the highest among 22 countries in Asia, according to a recent report by the International Monetary Fund. The findings showed …

Korean shares ended higher Wednesday as investors expect the U.S. Fed to freeze its policy rates, analysts said. The local currency fell against the U.S. …