Archive by category Feature

Hyundai Motor, Kia Motors see marketing spending ratio drop over
Hyundai Motor, Kia Motors see marketing spending ratio drop over

 South Korea’s two largest automakers – Hyundai Motor Co. and Kia Motors Corp. — saw the ratio of their marketing spending to sales decline …

Korean unit of Macquarie Funds ordered to suspend partial business
Korean unit of Macquarie Funds ordered to suspend partial business

South Korea’s top financial regulator on Wednesday imposed a three-month partial business suspension and a fine of 100 million won ($92,000) on the local …

KDI chief presses labor flexibility as he warns against following
KDI chief presses labor flexibility as he warns against following

South Korea must make its labor market more flexible and take heed of Japan’s mistakes because failure to do so could result in more serious …

S. Korea’s trade promotion agency seeks ‘open collaboration’ in
S. Korea’s trade promotion agency seeks ‘open collaboration’ in

The new head of South Korea’s trade promotion agency said Wednesday he will strengthen “open collaboration” with other state agencies and …

Apple, Xiaomi outsell Samsung in Chinese smartphone market
Apple, Xiaomi outsell Samsung in Chinese smartphone market

Samsung Electronics Co., once China’s No. 1 smartphone vendor, sold fewer smartphones in China for the fourth quarter of last year than Apple Inc. and …

Jeju Air to launch 4 new int’l flights in H1
Jeju Air to launch 4 new int’l flights in H1

Jeju Air Co., South Korea’s largest low-cost carrier, said Wednesday that it will launch four new flights bound for nearby Asian cities in the first half …

S. Korea to allow more corporate investment in online banks
S. Korea to allow more corporate investment in online banks

South Korea is to begin a deregulation drive to encourage investment in Internet-only banks to be introduced in the first half of 2015, the financial regulator …

Hyundai Motor to launch fund for innovative technologies
Hyundai Motor to launch fund for innovative technologies

Hyundai Motor Group said Tuesday it will launch a 177.5 billion won (US$163.9 million) fund to support the development of new technologies and business …

Asiana Airlines exceeds Korean Air in flying passengers on
Asiana Airlines exceeds Korean Air in flying passengers on

Asiana Airlines Inc., South Korea’s second-largest flag carrier, ranked first in passenger transportation for the Gimpo-Jeju Island route for the first …

SK Telecom, Intel to work together on IoT
SK Telecom, Intel to work together on IoT

South Korea’s top mobile carrier, SK Telecom Co., said Tuesday it has agreed with U.S.-based Intel Corp. to exchange technology know-how and search for …

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