Most Popular
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Exports to US reach all-time high, widen gap with China
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Trump rekindles criticism: US forces defending 'wealthy' S. Korea 'free of charge'
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[Music in drama] Rekindle a love that slipped through your fingers
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S. Korea discussed possible participation in AUKUS Pillar 2 with Australia: defense minister
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Opposition-led Assembly unilaterally passes bill to probe Marine's death
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[New faces of Assembly] Architect behind ‘audacious initiative’ believes in denuclearized North Korea
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Seoul Metro to seek legal action against malicious complaints
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Illit, mired in controversy, remains on Billboard charts for 5th week
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On May Day, labor unions blast Yoon's foreign nanny proposal
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[KH Explains] Will alternative trading platform shake up Korean stock market?
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Park Sam-koo out to rebuild Kumho Asiana Group
[THE INVESTOR] Kumho Asiana Group chairman Park Sam-koo is seeking to buy back Kumho Buslines that was sold to a private equity fund in 2015 in a move to rebuild the company. Park is also said to be pushing to buy back Kumho Tire, another Kumho affiliate that is crucial for him to reclaim control of the group. He is expected to create a 1 trillion won consortium when the creditors put the company’s 42 percent stake up for sale in September. Kumho Industrial, Kumho Tire and Asiana Airlines repres
July 25, 2016
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Chaebols contribute less on job growth: report
[THE INVESTOR] South Korea’s top five conglomerates have grown even bigger in terms of assets they hold and revenue they produce in the past three years, but their contribution to creating new jobs is lagging, a report showed Sunday.According to conglomerate tracking research firm Chaebul.com, the combined assets of the top five largest companies -- Samsung, Hyundai Motor, SK, LG and Lotte -- recorded about 930 trillion won ($817 billion) last year, a 15.5 percent rise from 2012. This accounted
July 24, 2016
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Samsung chairman Lee Kun-hee mired in sex scandal
[THE INVESTOR] Korean news outlet NewsTapa reported on July 21 that Samsung Group chairman Lee Kun-hee has been paying for sex for years.NewsTapa aired video clips showing a group of women enter a house in southern Seoul where the chairman is waiting. The dialogue between Lee and the women indicates that illegal sexual services were provided. The women are also shown accepting envelopes from Lee that allegedly contained 5 million won (US$4,400) each. Samsung Group chairman Lee Kun-hee (center).F
July 22, 2016