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Samsung Electronics to hike DS division's H1 hiring sharply

South Korean tech behemoth Samsung Electronics Co.'s display and semiconductor division will sharply increase its employment of new employees in the first half to meet growing demand for its products...

Updated : 2017.03.15 09:09

Angry Chinese disappear from Korean tourist sites

Early spring is usually high season for tourism at Seongsan Sunrise Peak on the southern resort island of Jeju. But it was hard to spot foreigners visiting the site on Monday afternoon as the spat b...

Updated : 2017.03.15 09:04

Korea's jobless rate hits over 7-year high in Feb.

South Korea's jobless rate rose to an over seven-year high in February amid increased youth unemployment, government data showed Wednesday. The unemployment rate in Asia's fourth-largest economy sto...

Updated : 2017.03.15 08:59

Hanwha E&C’s new city project in Iraq takes shape

About 5,000 households have so far moved into a new city in Iraq, developed by Hanwha Engineering and Construction, the South Korean firm said Tuesday. Hanwha E&C has been building new houses and in...

Updated : 2017.03.14 18:53

Merck generates record sales in 2016

German pharmaceutical company Merck said Monday its sales and earnings rose significantly in 2016, as major strategic advances were made in all three business sectors. “2016 was a successful year f...

Updated : 2017.03.14 18:35

Samsung to push structural split despite political scandal

Samsung Electronics’ chief financial officer said the company plans to announce the company’s plan to split itself as scheduled. “Regardless of the group issue (political scandal and the company ...

Updated : 2017.03.14 18:30

Korean airlines to cut back China-bound flights

South Korean airlines said Tuesday they will reduce China-bound flights temporarily to cope with falling tourist demand after Beijing ordered its travel agencies to stop selling group tours in protes...

Updated : 2017.03.14 18:21

Hanwha chairman meets GE chief for new growth engines

Hanwha Group Chairman Kim Seung-youn met with General Electric Chairman Jeffrey Immelt at the company’s headquarters in Seoul on Monday to seek new business partnerships, the company said Tuesday. ...

Updated : 2017.03.14 18:19

[Photo News] Daily Casa

Furniture brand Casamia launches a new brand called Daily Casa focusing on interior design items and furniture at affordable prices, with two stores located at Homeplus outlets in Incheon and Suwon. ...

Updated : 2017.03.14 17:19

35 by Imperial crowned ‘best of best’ whisky

Premium whisky brand Imperial‘s low-strength whisky brand “35 by Imperial” was crowned “Best of Best” in the whisky category at the 2017 Korean Wine & Spirits Awards, according to parent company...

Updated : 2017.03.14 17:18

Korean companies anxiously await Chinese consumer day

Korean companies with business interests in China anxiously awaited the World Consumer Rights Day set for Wednesday, as they anticipated heavy blows from the Chinese government in retaliation for Kor...

Updated : 2017.03.14 16:47

Chaebol face 2nd round of probes for bribery related to impeached president

South Korea's major business groups face another round of investigations for their alleged involvement in the bribery scandal that led to the impeachment of President Park Geun-hye, industry and lega...

Updated : 2017.03.14 16:18

AmorePacific to expand R&D, production facility in Yongin

AmorePacific Corp., South Korea's top cosmetics maker, unveiled a plan Tuesday to spend more than 160 billion won ($139.6 million) on expanding its research and development and production complex, as...

Updated : 2017.03.14 15:32

SM Group picked as preferred bidder for STX

A SM Group-led consortium was picked as the preferred bidder for STX Corp., the company said Tuesday. SM Group and three others made offers earlier last week to buy the cash-strapped STX, an affilia...

Updated : 2017.03.14 15:19

Samsung to review holding company structure regardless of chief‘s detention

Samsung Electronics Co. has been considering whether to transition into a holding company structure, regardless of the leadership vacuum caused by the detention of its de facto chief, Lee Jae-yong, a...

Updated : 2017.03.14 15:16