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SK Telecom inks agreement with The Pokemon Company for popular mobile game

South Korea's top mobile operator SK Telecom Co. said Monday it has decided to roll out joint marketing projects with The Pokemon Company to promote the popular mobile game that involves catching Jap...

Updated : 2017.03.20 10:35

SM Group chief eyes more takeovers

SM Group will acquire more companies, including overseas shippers, to beef up its status in the sector, its chief said Monday. The midsized South Korean shipping group has been taking over a series ...

Updated : 2017.03.20 10:14

Market cap of Samsung affiliates gains 12.1% this year

The combined market capitalization of 23 Samsung Group affiliates has gained 12.1 percent so far this year, helped by a rally in the group's crown jewel, Samsung Electronics Co., according to the Kor...

Updated : 2017.03.20 10:13

Producer prices up in Feb. on price hike of petrochemical products

South Korea's producer prices rose slightly last month from a year earlier due to a hike in the prices of coal and petrochemicals, the central bank said Monday. The producer price index came to 102....

Updated : 2017.03.20 09:16

80% of Lotte outlets on China suspended over THAAD spat

South Korea's Lotte Group said Sunday 80 percent of its hypermarket chains operating in China have been forced to shut down temporarily, adding to woes that Beijing's reprisal against Seoul over the ...

Updated : 2017.03.19 21:49

SK E&C to build, operate 5 power plants in Iran

SK Engineering & Construction has partnered with major Belgium-based Turkish energy firm Unit International for a multitrillion-won project to build and operate five new gas-fired power plants in Ira...

Updated : 2017.03.19 17:21

NPS’ ‘rubber stamp’ tendency continues this year

South Korea’s state pension fund has changed little in playing a “rubber stamp” role this year when it comes to exercising its voting rights in major conglomerates’ shareholders meetings. The la...

Updated : 2017.03.19 16:42

Everland launches new virtual reality robot ride

Everland, the amusement park operating unit of Samsung C&T Corp., said Sunday it will soon launch a new virtual reality attraction that offers riders an experience in which they control a robot. The...

Updated : 2017.03.19 16:26

[Advertorial] LG Chem to invest W2.7tr in capex

LG Chem, a major battery maker in South Korea, said Sunday it plans to invest 2.7 trillion won ($2.3 billion) in capital expenditure, a 40 percent increase on-year, with the aim of advancing its busi...

Updated : 2017.03.19 15:56

Korea to take part in IFE UK 2017

Korea’s Agriculture Ministry and the Agro-Fisheries and Food Trade Corp. said Sunday that they will be representing Korea at the United Kingdom’s largest biannual food trade show. Korea will be pa...

Updated : 2017.03.19 15:32

Online retailers venture offline

Online retailers are expanding their reach to offline shoppers, setting up independent stores and entering department stores, with 13 such new stores slated to open at Lotte Department Store in the f...

Updated : 2017.03.19 15:31

Korea signs MOU with Jordan to help provide water shortage solution

South Korea and Jordan signed a memorandum of understanding to expand cooperation in water management in the Middle Eastern country that is made up of 90 percent arid desert, the Ministry of Land, In...

Updated : 2017.03.19 14:38

Korea's smart health care industry at standstill: report

South Korea's smart health care industry that is viewed as a next growth engine for the country has been at a standstill for the past five years due to lack of policy coordination, a report by a loca...

Updated : 2017.03.19 13:03

SME corporation sets up cooperation channels with Vietnam, Cambodia, India

South Korea's state-run small and medium-sized business support corporation said Sunday that it has set up cooperation channels with key Asian countries as part of its ongoing efforts to bolster regi...

Updated : 2017.03.19 12:58

Hyundai Heavy wins order for 4 LNG-fueled tankers

Hyundai Heavy Industries Co., a leading global shipyard, said Sunday that it secured an order to build four tankers that run on liquefied natural gas. The four vessels ordered by state-run Russian s...

Updated : 2017.03.19 12:57