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AmCham forum addresses KORUS FTA hits, misses after 5 years

Commemorating the fifth anniversary of the Korea-US Free Trade Agreement on Wednesday, members of the American Chamber of Commerce in Korea and the Korea International Trade Association held a joint ...

Updated : 2017.03.15 17:47

Korean airlines temporarily reduce flights to China

Korean air carriers are temporarily reducing flights to China, as the country’s unofficial ban on travel to Korea went into effect Wednesday. The nation’s largest air carrier Korean Air said that...

Updated : 2017.03.15 17:46

Korea to beef up support on masters in SE clusters

South Korean government announced a plan Monday to prop up small enterprise clusters run by craft masters and help them take advantage of state-sponsored services, as well as information technologies...

Updated : 2017.03.15 17:20

LG to install EV charging stations at all offices

(Yonhap) LG Electronics will install electric car charging stations at all of its business sites in a combined effort with the Korean government to build up infrastructure for the eco-friendly car i...

Updated : 2017.03.15 17:17

S. Korea’s online advertising market grows 15%

South Korea’s digital advertising generated revenue of 3.7 trillion won ($3.2 billion) in 2016, marking a 15 percent on-year increase despite the sluggish ad industry, said the Korea Onlinead Associa...

Updated : 2017.03.15 17:12

Patent lawsuits in China surge 37%: report

With China moving to enhance the protection of intellectual property rights against its widespread reputation as the land of counterfeit goods, the number of patent lawsuits filed within the mainland...

Updated : 2017.03.15 15:51

HNA Group invests W160b in Kumho Asiana Group

Kumho Holdings announced Wednesday that China’s HNA Group will be investing 160 billion won ($139.8 million) in Kumho Asiana Group. It said that the Chinese company will be acquiring bonds with a w...

Updated : 2017.03.15 14:57

Heads of Korean shipbuilders due at Gastech for LNG carrier orders

Chief executives of South Korea's three major shipbuilders will join the world's biggest gas and liquefied natural gas conference in Japan next month, industry sources said Wednesday, amid the growin...

Updated : 2017.03.15 14:36

Samsung may provide real-time VR for PyeongChang Olympics

Samsung Electronics is looking to allow viewers at home to feel in real time as if they are at the PyeongChang 2018 Olympics through virtual reality headsets. “We plan to offer virtual technology s...

Updated : 2017.03.15 11:54

Falling oil prices to boost consumption in emerging economies

Falling crude oil prices will likely boost petroleum and petrochemical products consumption in emerging economies that will benefit South Korea's refiners, industry sources said Wednesday. Benchmark...

Updated : 2017.03.15 11:35

Korea vigilant as China's travel ban takes effect

South Korea is keeping a close watch on China's next moves that may work to further hurt its industries, as Beijing's travel ban to its neighboring country came into effect Wednesday, the latest host...

Updated : 2017.03.15 11:33

Korea's ICT exports rise for 4th month in Feb.

South Korean exports of information and communications technology products increased for the fourth month in a row in February on brisk overseas sales of semiconductors and displays, government data ...

Updated : 2017.03.15 11:32

Analysts give mixed forecasts on sales of Samsung's S8 smartphone

Some analysts on Wednesday gave mixed forecasts on sales of Samsung Electronics Co.'s upcoming Galaxy S8 smartphone, which will be unveiled later this month. Two analysts in South Korea expected sal...

Updated : 2017.03.15 11:30

Creditors mull over another rescue package for cash-strapped Daewoo Shipbuilding

Creditors of Daewoo Shipbuilding & Marine Engineering Co. are looking at an option to map out another rescue package worth up to 3 trillion won ($2.6 billion) for the cash-strapped shipbuilder, as th...

Updated : 2017.03.15 09:46

Most Korean firms are exposed to dangers of Chinese retaliation over THAAD

Most of South Korea's major firms may be held hostage by China in the latter's attempt to express its anger over Seoul's planned deployment of a US missile defense system, due largely to their growin...

Updated : 2017.03.15 09:11