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Doosan Group turns around in 2016 as affiliates pick up in business

Business performance of Doosan Group stood out last year as most of its affiliates closed in the black under the fourth-generation CEO of the group's founding family, market watchers said Monday. Pa...

Updated : 2017.02.20 12:11

7 in 10 listed firms suffer 'earnings shock' in Q4

Nearly seven in 10 listed South Korean companies failed to meet market expectations in their fourth-quarter operating profits last year, data showed Monday. FnGuide, a financial information provider...

Updated : 2017.02.20 11:51

Hanjin Shipping bondholders face huge losses

Bondholders of Hanjin Shipping Co., declared bankrupt last week, are feared to face up to 1.2 trillion won ($1.05 billion) in losses, industry sources said Monday. According to the sources, Hanjin S...

Updated : 2017.02.20 11:38

Chicken prices surge amid supply shortage

The prices of chicken in South Korea has surged in the past few months largely due to a supply shortage stemming from the massive culling of chickens in the wake of the avian influenza spreading, ind...

Updated : 2017.02.19 17:17

Samsung family’s stock value plunges on heir’s arrest

Members of the founding family of South Korea’s top conglomerate Samsung Group saw the value of their shareholdings tumble last week as its heir apparent was taken into custody, data showed Sunday. ...

Updated : 2017.02.19 17:17

Korean Air building parts for B787 Dreamliner in Busan

BUSAN -- About 10 minutes outside Gimhae International Airport in Busan stands a cluster of buildings that make up the Korean Air Busan Tech Center. Housing facilities for airplane maintenance, repai...

Updated : 2017.02.19 16:04

[Newsmaker] What’s next for Lee Jae-yong?

Samsung heir apparent Lee Jae-yong’s life has been turned upside down since he was taken into custody on allegations of bribery Friday. For the second consecutive day on Sunday, Lee stood handcuffe...

Updated : 2017.02.19 15:58

[NEWS ANALYSIS] Chaebol’s governance restructuring hangs in balance

South Korea’s key conglomerates are expected to closely watch the National Assembly’s move this week over whether lawmakers would pass pending bills to limit their ownership in the course of govern...

Updated : 2017.02.19 15:55

Samsung vows normal operation despite arrest

Samsung Electronics Vice Chairman Lee Jae-yong appeared for the second day of questioning by a special counsel team Sunday, two days after his arrest made headlines here and abroad, with the conglome...

Updated : 2017.02.19 15:39

Chicken price surges amid supply shortage

The price of chicken in South Korea has surged in the past few months largely due to a supply shortage stemming from the massive culling of chickens in the wake of the avian influenza spreading, indu...

Updated : 2017.02.19 11:20

Samsung chief questioned for 2nd day on bribery charges

Lee Jae-yong, de facto leader of Samsung Group, appeared before special prosecutors for the second straight day Sunday to undergo questioning over an influence-peddling scandal involving President Pa...

Updated : 2017.02.19 11:05

Samsung heir Lee Jae-yong resummoned by special prosecution

Samsung Electronics Vice Chairman Lee Jae-yong was summoned again by the special prosecution team investigating the Choi Soon-sil scandal Saturday, his first summons since he was arrested on Friday m...

Updated : 2017.02.18 15:12

Harman votes to approve merger with Samsung Electronics

Shareholders of US auto parts supplier Harman International approved the company’s merger with Samsung Electronics Friday. According to a regulatory filing with the US Securities and Exchange Commi...

Updated : 2017.02.18 11:44

Singapore Airlines to launch full-course Korean meals

Singapore Airlines will begin serving full-course Korean meals on flights in collaboration with chef Yim Jung-sik, a renowned South Korean chef-restaurateur, on routes between Korea and Singapore sta...

Updated : 2017.02.17 17:41

[Weekender] Driven by parents’ desire, Korea’s kids market thrives

Kim Ji-young, a mother of a 7 year-old boy in Seoul, has been busy shopping. “My kid becomes a first grader this school year and there’s a lot to buy before he starts to attend classes,” she said...

Updated : 2017.02.17 17:02