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Tsingtao beer popularity grows in S. Korea despite diplomatic row: sources

Sales of China's Tsingtao beer have risen sharply in South Korea in recent months despite South Korean firms being hit by Beijing's retaliation against Seoul for the deployment of a US missile defens...

Sept 19, 2017
Industry
Samsung Electronics' reputation plunges on heir's arrest

Samsung Electronics Co.'s reputation plunged in 2017 compared with the year before, industry data showed Tuesday, apparently due to the arrest of its de facto head coupled with the Galaxy Note 7 deba...

Sept 19, 2017
Industry
SMEs lose to large firms in most patent suits: lawmaker

South Korea's smaller firms have lost nearly 86 percent of patent suits against large businesses this year due mainly to their lack of legal expertise and resources to protect their intellectual prop...

Sept 19, 2017
Industry
BOK says prices of agricultural products up 14.2% in Aug.

Prices of agricultural products rose 14.2 percent in August from a month earlier as rains and a heat wave have reduced the output of agricultural products, central bank data showed Tuesday. The mont...

Sept 19, 2017
Economy
US trade representative heralds renegotiation of Korea trade deal

WASHINGTON -- US Trade Representative Robert Lighthizer said Monday that a renegotiation is in order for trade agreements that lead to growing trade deficits, a remark indicative of his stance on the...

Sept 19, 2017
Economy
Banks urged to tighten home loan screening to slow household debt

The nation's top financial regulator on Tuesday urged banks to tighten their screening of home loan applications to help slow the growth of household debt. South Korea tightened lending rules for mo...

Sept 19, 2017
Economy
Seoul shares open tad lower despite Wall Street rally

South Korean stocks opened slightly lower Tuesday despite an overnight Wall Street rally as investors sought to lock in recent gains, analysts said. The benchmark Korea Composite Stock Price Index i...

Sept 19, 2017
Finance
FTC investigating Asiana for alleged unfair business practices

The fair trade watchdog has begun looking into allegations that the nation‘s second-largest air carrier demanded unfair financial investments from a company that supplies the airline’s in-flight meal...

Sept 18, 2017
Industry
Amorepacific receives award for mobile point-of-sale system

Amorepacific‘s self-developed mobile point-of-sale system has been recognized at the 2017 e-Asia Awards, according to the company Monday. The mobile POS system allows store employees to scan custome...

Sept 18, 2017
Industry
[Monitor] SMEs anticipate financial problems during Chuseok

Nearly half of surveyed small and medium-sized enterprises anticipate financial problems during the 10-day holiday that includes Chuseok in early October, according to the Korea Federation of Small a...

Sept 18, 2017
Economy
Household debt tops W1,400tr in July: lawmaker

South Korea's household debt jumped 9 percent in July from a year earlier, a lawmaker said Tuesday, despite the government's tightened lending rules. The country's overall household debt came to 1,4...

Sept 18, 2017
Economy
Kakao AI speaker sold out on 1st day of preorders

South Korea's top mobile messenger operator Kakao Corp. said Monday its artificial intelligence speaker was sold out on the first day of the preorder. Kakao, which also operates the country's No. 2 ...

Sept 18, 2017
Technology
Income-led growth policy put to test

The relevance of President Moon Jae-in’s income-led growth policy is being put to an early test by the worsening unemployment problem. Data released by Statistics Korea last week showed the on-year ...

Sept 18, 2017
Economy
Korea to benchmark Japan’s forestry job creation

With South Korea aiming to quadruple its forestry employment, Japan’s policy -- which has sparked an interest among the young generation -- could be the thing to aim for. The high-level dialogue Mon...

Sept 18, 2017
Industry
Airlines to impose fuel surcharges on intl. routes

South Korea's airlines will impose fuel surcharges on international passengers next month to reflect an increase in jet fuel prices, industry sources said Monday. In the past five months through Sep...

Sept 18, 2017
Industry

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