Business
- Korean business leaders urge a halt to commercial law amendmentExecutives from 16 major South Korean corporations, including Samsung, SK, Hyundai Motor, and LG, issued an unprecedented joint s…Nov. 22, 2024 08:42
- Chey Tae-won appointed as chair of APEC CEO SummitChey Tae-won, Chairman of the Korea Chamber of Commerce and Industry (KCCI) and SK Group (photo), who will serve as the chair of …Nov. 18, 2024 07:45
- Samsung, LG win multiple CES Innovation AwardsSamsung Electronics and LG Electronics won a number of CES Innovation Awards announced on Thursday (local time) ahead of the worl…Nov. 16, 2024 07:41
- Won-dollar exchange rate remains above 1400 despite gov’t interventionDespite the South Korean government’s belated verbal intervention against the won-dollar exchange rate that has been soaring sinc…Nov. 15, 2024 08:06
- ‘Trump storm' hits South Korea's economyConcerns over U.S. President-elect Donald Trump’s second term are creating a perfect storm for the South Korean economy. Watchers…Nov. 14, 2024 07:50
- STX Engine’s K9 engine expected to boost exportsOn September 27, four days ahead of National Armed Forces Day, STX Engine CEO Lee Sang-soo announced that the locally developed K…Nov. 13, 2024 08:09
- US cuts interest rate by 0.25%p after September big cutThe U.S. Federal Reserve (Fed) cut its benchmark interest rate by 0.25 percentage points on Thursday (local time), continuing exp…Nov. 09, 2024 08:08
- LX Group chairman gifts 100 million won to employee family welcoming quadrupletsLX Group Chairman Koo Bon-joon recently awarded 100 million won in maternity incentives to employee Jeong Jae-ryong and his wife,…Nov. 08, 2024 08:35
- Japan’s value-up is the result of 10-year structural reformThe government's 'Valuation Up Program' is being promoted to address the persistent problem of 'Korea Discount' (undervaluation o…Nov. 07, 2024 08:27
- Meta fined 20 billion won for illegally collecting sensitive informationMeta, which operates Facebook and Instagram, was fined around 20 billion won for using sensitive information, such as users' reli…Nov. 06, 2024 08:29
- Hopeful for a ‘life worth living’ in a city with the highest murder rate“Mexico offers opportunities to everyone. Life is good and worth living.”This is the story of Ritine, who immigrated from Haiti, …Nov. 05, 2024 07:57
- Korea constrained by 52-hour workweek regulationKorean semiconductor companies are increasingly criticized for being constrained by regulations such as the 52-hour workweek. Nvi…Nov. 04, 2024 07:51
- Samsung pledges to channel all efforts into technological leadershipCelebrating the 55th year of its establishment, Han Jong-hee, the Device Experience division's head at Samsung Electronics, stres…Nov. 02, 2024 07:19
- Samsung Electronics to expand 5th Gen HBM Sales in Q4Samsung Electronics reported an operating profit of 3.86 trillion won from its semiconductor business in the third quarter. The c…Nov. 01, 2024 07:45
- Shinsegae Group officially splits department stores and E-Mart affiliatesShinsegae Group, ranked 11th in the business world, has officially separated its department stores from its E-Mart affiliates.On …Oct. 31, 2024 08:04
- BOK governor lowers growth forecast for this yearBank of Korea Governor Lee Chang-yong said Tuesday that the country’s annual economic growth rate is expected to fall below the A…Oct. 30, 2024 07:53
- Chey Tae-won to chair 2025 APEC CEO SummitChey Tae-won, chairman of the Korea Chamber of Commerce and Industry, will chair the 2025 Asia-Pacific Economic Cooperation (APEC…Oct. 28, 2024 09:47
Headline News
- Korean business leaders urge a halt to commercial law amendment
- Yoon begins extensive verification for cabinet and staff reshuffle
- Police confirm Pyongyang’s involvement in Ether heist in 2019
- Ukraine fires British Storm Shadows at targets on Russian territory
- Ulsan and Pohang compete to crown Korea’s soccer champions
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