Archive by category Business

[Photo News] K-Bank moves into new head office
[Photo News] K-Bank moves into new head office

K-BANK MOVES INTO NEW HEAD OFFICE– Employees of the K-Bank online-only bank, which will be incorporated in the coming months, participate in an event to …

Daewoo Shipbuilding to issue new shares worth W600b to improve finances

Daewoo Shipbuilding & Marine Engineering is expected to issue additional new shares worth 600 billion won ($507 million) this year, as part of efforts to …

Kakao to introduce webtoon-inspired dramas, films in China
Kakao to introduce webtoon-inspired dramas, films in China

Korea’s largest mobile messenger operator Kakao said Monday that five of its webtoons will be remade into movies, TV and web dramas. Webtoons are comics that …

Hanjin chairman under fire for trivializing pilots’ job
Hanjin chairman under fire for trivializing pilots’ job

The owner of Hanjin Group, parent company of the country’s largest flag carrier Korean Air, came under fire Monday for demeaning pilots by stating that they …

Drastic deregulation needed to boost FDI in Korea
Drastic deregulation needed to boost FDI in Korea

Foreign direct investment in Korea reached a record annual high of $20.91 billion last year on the reporting basis, according to recent data from the Ministry …

Real wage grew faster than economy due to low inflation
Real wage grew faster than economy due to low inflation

Real-wage growth surpassed economic growth in Korea last year mainly due to a record-low inflation rate, government data showed Sunday. According to the …

[Newsmaker] Lee Se-dol proves human intuition still powerful in Go
[Newsmaker] Lee Se-dol proves human intuition still powerful in Go

Korean Go master Lee Se-dol has proved human intuition can still surpass the ever-evolving artificial intelligence technology, with his first victory against …

Lee Se-dol wins first victory against AlphaGo
Lee Se-dol wins first victory against AlphaGo

After three straight defeats, Korean Go master Lee Se-dol finally won a victory against Google’s artificial intelligence AlphaGo in their fourth match on …

Kumho Asiana holds speech contest in Japan
Kumho Asiana holds speech contest in Japan

 Kumho Asiana Group held a speech contest in Tokyo on Saturday to bridge cultural differences between Japan and Korea, officials said Sunday. Nearly 600 …

Korean men turn to cheaper presents on White Day
Korean men turn to cheaper presents on White Day

Male consumers appear to be cutting back on their spending on White Day gifts this year, purchasing cheap candies instead, amid the prolonged economic …

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