Archive by category Business

Youth unemployment soars to 12.5%, an all-time high
Youth unemployment soars to 12.5%, an all-time high

Korea’s youth unemployment soared to its highest level on record in February, as economic slowdown takes its heaviest toll so far on fresh and inexperienced …

Herald inks partnership with Korea Green Building Council
Herald inks partnership with Korea Green Building Council

Korean media and lifestyle company Herald Corp. signed an agreement with the Korean arm of World Green Building Council on Tuesday to jointly promote …

IBM’s Watson chief: No need to fear AIs
IBM’s Watson chief: No need to fear AIs

Google has sparked a great deal of interest in artificial intelligence in Korea, with the recent match between Go master Lee Se-dol and AI program AlphaGo …

[Photo News] Guinness on St. Patrick’s
[Photo News] Guinness on St. Patrick’s

GUINNESS ON ST. PATRICK‘S — Irish Ambassador to Korea Aingeal O’Donoghue (left) and Irish deputy ambassador David Murphy pose at a Guinness …

[Graphic News] As men’s waists widen, women’s legs get longer
[Graphic News] As men’s waists widen, women’s legs get longer

Korean men are getting fatter and women’s legs are getting longer, according to a survey on Korean body size and obesity released Monday. The poll of 6,413 …

AlphaGo wins match against Go champ Lee Se-dol 4-1
AlphaGo wins match against Go champ Lee Se-dol 4-1

Go-playing artificial intelligence program AlphaGo won a historic match against Korean Go grandmaster Lee Se-dol with a final score of 4-1. Although Lee put up …

Korean firms hurt by rigid workplace culture: survey
Korean firms hurt by rigid workplace culture: survey

A rigid corporate culture marked by authoritative leadership and unproductive work hours are some of the key factors that undermine the global competitiveness …

KRX probes sudden spike in Codes Combine shares

Bourse operator Korea Exchange is investigating a seemingly unexplainable rally of Codes Combine shares, suspecting a stock price manipulation. “The Market …

[SUPER RICH] The rich relatives of chaebol owners
[SUPER RICH] The rich relatives of chaebol owners

Making it on this year’s exclusive 2016 Forbes billionaire list, 31 out of 1,810 billionaires are Korean. Of the 31 selected billionaires, 17 are the largest …

Bumpy road to boardroom

SK Group chairman Chey Tae-won faces a bumpy road for his return to the boardroom of the holding company SK Holdings, with some shareholders and civic groups …

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