Most Popular
-
1
10-man S. Korea lose to Indonesia to miss out on Paris Olympic football qualification
-
2
Hybe-Ador feud should have limited effect on Hybe's overall performance: analysts
-
3
Second Gimpo civil servant found dead, after apologizing for not finishing work
-
4
DP leader says he will meet Yoon without conditions
-
5
First-ever meeting of president, opposition chief set to finally happen
-
6
NewJeans' singles, Japanese debut to proceed as planned, despite Hybe-Ador feud
-
7
Blinken calls on China to press N. Korea to end its 'dangerous' behavior
-
8
Experts raise concerns about Japan putting pressure on Naver over Line
-
9
Samsung mobile chief, Google device head meet in Seoul
-
10
Ship linked to NK arms shipments to Russia is moored in China: State Dept.
-
KEPCO leads the way for shared-growth
The country’s main electricity supplier Korea Electric Power Corp., which marked its 50th anniversary this year, is renewing its efforts to become a socially responsible company.In addition to drawing up plans for becoming one of the world’s top five energy and engineering firms by 2020, the c
Aug. 24, 2011
-
Greenpeace finds toxic chemicals in branded clothing
BEIJING (AFP) - Traces of toxic chemicals harmful to the environment and to human health have been detected in products made by 14 top clothing manufacturers, Greenpeace said Tuesday.Samples of clothing from top brands including Adidas, Uniqlo, Calvin Klein, H&M, Abercrombie & Fitch, Lacoste, Conver
Aug. 24, 2011
-
With sense of crisis, Korea braces for software war
Korea’s information technology industry is facing crisis after enjoying a top spot for about 20 years with the government only stressing hardware and thinking less of software.Following recent mergers of global firms, such as Google’s acquisition of Motorola and Hewlett-Packard’s takeover of Autonom
Aug. 23, 2011
-
Samsung’s Lee stresses role of female executives
Samsung Electronics chairman Lee Kun-hee on Tuesday said women must be encouraged to become corporate CEOs when he lunched with a handful of the group’s female executives.“Women whose careers end before having a chance to become a CEO may not have fully exerted their potential,” Lee was quoted as sa
Aug. 23, 2011
-
Top 4 firms lose big in bearish market
Companies with greater global exposure lost almost W130trThe stock value of local conglomerates took a nosedive this month, with the total market capitalization of the nation’s top four companies shedding 128.8 trillion won ($11.8 billion).The decline over the past 15 days was an average 22.8 percen
Aug. 23, 2011
-
Sales of Samsung 3-D TVs plunge in China
South Korean electronics behemoth Samsung Electronics Co. is suffering a decline in sales of its 3-D TVs in China due to increased competition, an industry report showed Tuesday.According to the report by market research firm DisplaySearch, Samsung Electronics accounted for 9.3 percent of the 3-D TV
Aug. 23, 2011
-
‘Jeonse’ deposits exceed 50% of home prices
“Jeonse” prices soared in the metropolitan area to exceed half the value of new homes last month, research found Tuesday. The lump sum deposit that a tenant has to pay to the landlord reached 50.1 percent of home prices last month, the highest since 2006, research firm Real Today said. A passe
Aug. 23, 2011
-
Online sales of gold items rise sharply
A growing number of Koreans are turning to online retailers to purchase gold items at cheaper prices amid skyrocketing prices of pure gold here. G-Market, a leading online retailer, said Monday that its sales of solid gold items had increased almost sevenfold as of Aug. 15 compared to the same perio
Aug. 22, 2011
-
E-Mart to build logistics complex
E-Mart, Korea’s No. 1 discount store chain, said Monday that it will invest about 400 billion won ($370 million) to establish a logistics complex in Gyeonggi Province by 2014. The complex, located at a 500,000 square meter site in Anseong, 77 kilometers south of Seoul, will become the nation’s large
Aug. 22, 2011
-
Foreign investors’ H1 profits soar
Foreign investors saw the second largest returns on record during the first half of the year, Bank of Korea data showed Monday.According to the central bank, foreign investors’ profits for the first six months of the year rose 6.6 percent from the same period last year to come in at over $8.33 billi
Aug. 22, 2011
-
Samsung, LG sweep global TV market
Local companies beating out Japanese TV makers with brisk 3-D TV salesSamsung and LG led the global television market during the second quarter of this year on the back of brisk sales of 3-D TVs and other high-end sets, research institute data showed on Monday. Samsung Electronics stood at No. 1 in
Aug. 22, 2011
-
Overseas investment hits new high in H1
Korea’s direct overseas investment more than doubled in the first half of the year to a record high of $26.9 billion on the back of vigorous resources development projects, the government said Monday.The figure translates to a 132 percent rise from about $11.6 billion a year earlier and amounts to m
Aug. 22, 2011
-
Firms use games for marketing
SK Telecom, LG Electronics team up with game firmsFirms are turning their eyes to the online game industry for better marketing not only in Korea but also in the overseas markets.SK Telecom, the country’s top mobile carrier, said Monday it would join hands with NHN, operator of well-known online gam
Aug. 22, 2011
-
Ssangyong E&C expands presence in Malaysia’s high-end housing
Ssangyong Engineering and Construction Co., which has been focusing on luxury building projects in its overseas operations, is making headway in the growing market for luxury residential properties in Malaysia. Last week, the company announced that it won a $145 million contract to build two luxury
Aug. 21, 2011
-
Hacking strikes Epson, Gabia
Firms, government urged to step up efforts for better security oversightHackers have struck once again, this time at a local branch of a Japanese company to expose the personal information of up to 350,000 users amid rising concerns over hacking in the world’s most wired country. Epson Korea, the lo
Aug. 21, 2011
-
Homeplus COO named CEO of Tesco Malaysia
Homeplus said that its COO Do Sung-hwan has been named as the chief executive of Tesco Malaysia. Do Sung-hwanHomeplus started its operation here in 1999 as a joint venture between Samsung Group and Tesco. Currently, the U.K.-based retail giant holds almost 95 percent of company shares. In 12 y
Aug. 21, 2011
-
Korea to allow foreigners-only duty free shops
The government plans to allow foreigners-only duty free shops from next year, the Korea Customs Service said Friday. The customs agency revealed the plan during a meeting of the Presidential Council on National Competitiveness presided over by President Lee Myung-bak at Cheong Wa Dae.Under the plan,
Aug. 19, 2011
-
LG Electronics holds fair to recruit global talents in R&D
LG Electronics said Friday it was moving to recruit talented research and development personnel from other countries.The company held a tech conference in Tokyo on Friday, which invited 50 engineering students, including Korean students studying in Japan. A total of 20 executives in the firm’s resea
Aug. 19, 2011
-
Samsung, LG try to shake Android claims
Samsung and LG, the nation’s top two electronics companies, appeared to be bristling at claims from Google’s Andy Rubin that he had unsuccessfully pitched the Android operating system to them.In the Wall Street Journal’s Aug. 17 edition, Rubin was quoted as saying he had made the proposals to both S
Aug. 18, 2011
-
LG Uplus acquires most wanted radio spectrum
Company plans to use the 2.1 gigahertz radio spectrum late next yearLG Uplus is enjoying a positive outlook after it was made official Wednesday that the firm would take home the 2.1 gigahertz radio spectrum to be used for fourth generation network technologies.The Korea Communications Commission, t
Aug. 18, 2011