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SK chief’s wife files divorce countersuit, claims 42.3% of his stake in firm

Roh So-young, founder of Art Center Nabi and wife of SK Group Chairman Chey Tae-won, has filed a divorce countersuit against her husband, claiming a huge stake in the nation’s third-largest conglomer...

Dec 4, 2019
Samsung BioLogics bags W86b contract deal

Analysts notch up earnings projection for 2020

Dec 4, 2019
Naver joins cross-border mobile payment alliance

A financial arm of South Korea's leading portal operator Naver Corp. said Wednesday it has joined a cross-border mobile payment alliance with its Asian partners. The collaboration enables the four c...

Dec 4, 2019
Intel eyes AI on 'edge computing'

US chipmaker Intel Corp. said Wednesday that it will focus on "edge computing" that could hold the key to the success of artificial intelligence in the future. Edge computing refers to the practice ...

Dec 4, 2019
Seoul Court upholds W1tr penalty for Qualcomm

US chipmaker to immediately appeal to Supreme Court

Dec 4, 2019
S. Korea to nurture food sector as new growth engine

South Korea said Wednesday it will double the size of key food industries by 2030 to serve as a new growth engine by easing regulations and revamping related policies. Under the plan, South Korea pl...

Dec 4, 2019
GS Group chairman retires, passes baton to younger brother

GS Group said Tuesday that Huh Tae-soo, vice chairman of its TV shopping channel subsidiary, will lead the energy-to-retail giant and also be chairman of its board. The leadership succession at Sout...

Dec 3, 2019
Heads of Posco, SK say CSR new business opportunity

The heads of South Korea’s two major conglomerates, Posco and SK Group, attended a rare joint event Tuesday to promote corporate social responsibility, indicating a possible partnership to generate s...

Dec 3, 2019
Foreigners scoop up Kakao on improving earnings, biz diversification

Foreign investors' love for Kakao Corp. seems to be showing no signs of a letup, even during their weekslong sell-off spree of local stocks, on expectations that the operator of the country's most po...

Dec 3, 2019
Sephora opens 2nd beauty shop in downtown SeoulGlobal cosmetics chain

Sephora said Tuesday it has opened a second shop in South Korea in a popular retail area of central Seoul to attract fashion-savvy locals and foreign travelers. Sephora's second shop landed in Myeon...

Dec 3, 2019
[Herald Interview] China’s No. 1 aesthetic laser firm sees Korea as bridge to Asian markets

Israeli company Alma Lasers, a leading player in China’s skin rejuvenation market, is undertaking an aggressive expansion into South Korea, viewing the country as a strategic market for its brand ima...

Dec 3, 2019
3 more financial instutions end support for coal projects

Three South Korean financial institutions -- DB Insurance, Korean Teachers’ Credit Union and Public Officials Benefit Association -- said Tuesday they had decided to stop coal project financing in or...

Dec 3, 2019
Online shopping purchases continue to rise in October

Purchases made using the Internet and mobile devices in South Korea continued to show solid growth in October, government data showed Tuesday, demonstrating the popularity of smartphones, fast delive...

Dec 3, 2019
Recent BMW vehicle fires unrelated to EGR system

South Korea's transport ministry said Tuesday that six recent cases of fires in BMW vehicles were not caused by problems in exhaust gas recirculation coolers and pipes. The Transportation Safety Aut...

Dec 3, 2019
JTI Korea clinches deal with labor union after years of conflict

JTI Korea said Monday that it has signed an agreement with the labor union to resolve disputes that have been festering for over three years. The tobacco maker said the negotiations were conducted i...

Dec 2, 2019

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Publisher. Editor : Kwon Chung-won
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