UPDATE : 2018.9.23 SUN 21:17
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S. Korea says Elliott's claim over Samsung merger groundless
South Korea has denied a claim by U.S. activist fund Elliott Associates that it gave discreet backing for a 2015 merger of two Sam...
Choi Seong-Pil  |  2018-08-18 06:19
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Gov't decides not to cancel Jin Air's license
South Korea's government said Friday that it has decided not to revoke Jin Air's license, ending weeks of business uncerta...
Hillary Kang  |  2018-08-18 06:13
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S. Korea's unemployment rate rises in July, job increase lowest in over 8 yrs
South Korea's unemployment rate rose slightly in July due to fewer positions in the health care, education academy and manufac...
Hillary Kang  |  2018-08-17 09:37
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Banks report 4 pct rise in H1 profits on interest income
South Korean banks reported a 4 percent rise in their combined net profit for the first half of this year, thanks to a solid rise ...
Kim Cheol-hoon  |  2018-08-16 10:52
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Gov't bans operation of uninspected BMW vehicles
South Korea on Tuesday issued an order to suspend the operation of all BMW vehicles that have yet to receive safety inspections am...
Hillayr Kang  |  2018-08-15 08:19
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Next year's budget to be focused on job creation
South Korea's chief economic policymaker said Tuesday that next year's budget spending will be focused on creating jobs, r...
Kim Sua  |  2018-08-15 08:13
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Samsung cuts average smartphone prices amid escalating competition
Samsung Electronics Co. stood in fifth place in terms of the average selling price of smartphones in the second quarter, data show...
Kim Cheol-hoon  |  2018-08-14 09:32
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Hyundai Grandeur best-selling car in S. Korea in H1: data
Hyundai Motor Co.'s Grandeur full-size sedan was the most popular car model in South Korea in the first half of 2018, despite ...
Kim Jung-mi  |  2018-08-12 09:19
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Samsung unveils Galaxy Note 9 with stronger battery, enhanced stylus
Samsung Electronics Co. unveiled Friday the Galaxy Note 9 phablet, which is equipped with a new stylus and the best battery and st...
Kim Jung-mi  |  2018-08-11 07:41
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Export-led recovery being maintained amid growing uncertainties: finance ministry
South Korea's economic recovery being maintained by robust exports, although capital spending and production are facing adjust...
Kim Jung mi  |  2018-08-10 10:22
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Finance minister calls for corporate support in job creation, innovative growth
South Korea's top economic policymaker on Monday urged Samsung Group, the country's leading conglomerate, to do more to cr...
Hillary Kang  |  2018-08-06 16:21
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BMW sedan catches fire amid safety concerns over German brand
A BMW sedan caught fire on a street in South Korea Saturday, the latest in a spate of reported car fires related to the German bra...
Hillary Kang  |  2018-08-05 08:51
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Kia Stinger named segment winner in JD Power 2018 APEAL Study
Kia Motors Corp. beat its rivals to win the J.D. Power Automotive Performance, Execution and Layout (APEAL) award for its Stinger ...
Hillary Kang  |  2018-08-04 09:56
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KT Q2 net rises 8.8 pct on revised accounting rules
KT Corp., South Korea's second-biggest wireless services provider, said Friday its second-quarter net profit rose 8.8 percent ...
Kim Sua  |  2018-08-04 09:18
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S. Korea's 1st floating offshore wind turbine to begin test operation next year
South Korea's first floating offshore wind turbine will enter test operations off the coast of the southeastern city of Ulsan ...
Kim Chol-hoon  |  2018-08-02 16:12
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State firms to spend over 30 tln won to nurture innovative growth
State-led companies plan to spend over 30 trillion won (US$27 billion) in key leading sectors, such as autonomous driving, by 2022...
Sua Kim  |  2018-08-02 15:42
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Another BMW 520d vehicle catches fire on expressway
Another automobile produced by German carmaker BMW 520d sedan caught fire while being driven on a local expressway on Thursday, fu...
Hillary Kang  |  2018-08-02 15:34
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26 firms off antitrust watch list during May-July period
The number of South Korean business groups' affiliates under tight restrictions on mutual investment and loan guarantees fell ...
Kim Sua  |  2018-08-02 10:19
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Hyundai parts affiliates perform poorly in 2017 sales rankings
Auto parts affiliates of Hyundai Motor Group suffered sales declines last year due mainly to their heavy reliance on Hyundai Motor...
Kim Sua  |  2018-08-01 11:06
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LG Electronics opens first overseas AI research lab
LG Electronics Inc. said Wednesday it has opened its first overseas research center devoted solely to the development of artificia...
Kim Jung mi  |  2018-08-01 10:40
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