S. Korea to boost product competiveness in overseas markets: minister

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Samsung C&T CEO confident of winning votes on merger deal

Samsung C&T on Wednesday expressed confidence in winning at a shareholders meeting on July 17, where its merger deal with Cheil Industries will be put to a vote.The construction unit of Samsung Gro...

Updated : 2015.07.01 18:01

Court ruling boosts chances of Samsung merger

The headquarters of Samsung C&T in southern Seoul YonhapA South Korean court on Wednesday rejected an injunction request by U.S. hedge fund Elliott Associates to block a proposed merger of two Samsung...

Updated : 2015.07.01 17:44

Hyundai, Kia cars rated best quality in China

Hyundai Motor Co. and Kia Motors said Sunday that seven of their car models have received the highest customer satisfaction scores in a Chinese automobile survey.According to the 2014 China Automobile...

Updated : 2015.07.01 15:38

More firms added on antitrust watch list in July

The number of business group affiliates subject to restrictions on mutual investments and loan guarantees rose in July from a month earlier, the antitrust watchdog said Wednesday.   The Fair Trade Commission said the number of firms on its watch list stood at 1,686 as of this month, up ...

Updated : 2015.07.01 15:11

Court dismisses Elliott's injunction requests on Samsung merger

A Seoul court turned down a request on Wednesday by a U.S. hedge fund to block a proposed merger of two Samsung Group units, lifting a legal hurdle for South Korea's top conglomerate to push ahead wit...

Updated : 2015.07.01 11:11

[SUPER RICH] SPC chief’s sons come to the fore

The two sons of SPC chairman Hur Young-in are assuming bigger roles in management as the Korean food giant is aggressively expanding its business at home and abroad.In what pundits view as preparation...

Updated : 2015.06.30 18:39

Cheil Industries vows higher dividends amid merger dispute

Cheil Industries announced Tuesday that it will increase dividend payouts to investors in an apparent attempt to win over stakeholders’ approval of its proposed merger with Samsung C&T.In a bid to sw...

Updated : 2015.06.30 17:30

[Photo News] Kumho's support for violinist

Kumho Asiana Group chairman Park Sam-koo (right) poses with violinist Lim Ji-young, the winner of the 2015 Queen Elisabeth Competition at the Lotte Hotel in Seoul, Tuesday. The chairman pledged to off...

Updated : 2015.06.30 17:04

Asiana launches services to Rome

Asiana Airlines has launched a new service to Rome in a bid to expand its footprint in Europe, the South Korean carrier said Tuesday. "The new Incheon-Rome service will strengthen its European network...

Updated : 2015.06.30 17:01

[SUPER RICH] Creative, open office spaces of tech giants

Famous tech companies both domestically and abroad are clamoring to create open and creative office environments for their employees, believing that having an enjoyable working environment is a crucia...

Updated : 2015.06.30 16:39

[Graphic News] Koreans spend more time sleeping and eating

The average Korean spent more time sleeping and eating, and less time studying, compared to five years ago, survey results showed Monday.The time use poll on 12,000 households showed that compared to ...

Updated : 2015.06.30 16:30

Industrial output dips for 3rd month in May

South Korea's industrial output fell for the third straight month in May as the sluggish pace of global recovery hurt its outbound shipments and affected production of cars and semiconductors, a government report showed Tuesday.  According to the report by Statistics Korea, production in...

Updated : 2015.06.30 09:35

S. Korean manufacturers' July sentiment dips to near 3-year low

South Korean manufacturers' business confidence for July plunged to the lowest level in almost three years, a poll showed Tuesday, as the outbreak of MERS in Asia's fourth-largest economy is feared to further worsen already feeble domestic demand.  The business sentiment index, which mea...

Updated : 2015.06.30 09:34

Lone Star case calls for look back on Seoul's legal, financial efficacy

One of the most controversial and scrutinized corporate deals in the recent history of South Korea is heading into overtime, inspiring the need to look back on the capability of financial and judiciary officials here.  The second round of hearing for a multi-billion-dollar case between t...

Updated : 2015.06.30 09:32

EBay to support smaller firms

EBay Korea, the operator of Korea’s largest online shopping site Gmarket and Auction.co.kr, signed a deal with the Small & Medium Business Corporation to support domestic small and medium-sized compa...

Updated : 2015.06.29 19:24