...of Korean smartphone users recently topped 20 million, largely sparked by the introduction of Apple’s iPhone two years ago. The growing user base is giving fresh energy to the hitherto fledgling mobi...00 advertisers for its mobile platform “Adam,” and its monthly page views total 10 billion. Google’s AdMob platform has surpassed 4 billion page views per month, trailing behind Daum. Google’s streng...

...ent. Many Hyundai vehicles exported to Africa are being produced at its Indian plant. The company’s Indian unit, Hyundai Motor India, began producing vehicles in 1998 with an annual production capac...r increase for the 12th consecutive year aided by the subcompact i10, which took the title of India’s bestselling model for the second consecutive year in 2010. Further, Hyundai Motor India was also ...

... directors as corporate watchdogs, despite a slight increase in their number at large firms here. According to a report from the Fair Trade Commission, the portion of outside directors at the nation’s top 35 owner companies was 47.5 percent as of June 30, up from 46.3 percent a year earlier. The average at the nation’s total 735 listed firms was 39.7 percent. The antitrust regulator, however, pointed out that their increased number has not led to them playing a more active role in protecting share value or keepin...

...stocks are forecast to move upward next week, analysts said Saturday, with the Greek prime minister’s latest victory in a confidence vote and an upcoming meeting among European financial ministers lik...Seoul bourse, however, recouped most of its losses on Friday, jumping more than 3 percent as Greece’s decision to cancel the referendum and the European Central Bank’s move to cut key interest rates r...

North Korea’s mineral exports to China have tripled this year compared to a year ago, a study showed Sunday. A joint study of Chinese data by the Yonhap news agency and Seoul-based IBK Economic Research Institute showed that China imported 8.42 million tons of minerals from North Korea from January to September this year, worth $852 million. Over the first nine months of last year, China brough...

South Korea’s per capita income is expected to reach a record high this year, surpassing $20,000 for the second consecutive year, a government official said Sunday. The official from the Ministry of... will likely reach between $23,500-$24,000. The amount marks over 13 percent growth from last year’s $20,759. The International Monetary Fund predicted a similar level of growth for South Korea’s ec...

South Korea’s exports of information technology products reached the third largest monthly volume in the country’s history last month, though they dropped slightly from a year earlier when the country posted record shipments, the government said Sunday. The country shipped $13.79 billion worth of IT products in October, down 2.2 percent from the same month last year, according to the Ministry of...

Regulator’s action against Lone Star Funds raises legal issues Hana Financial Group continues to face a hurdle in its plan to acquire Korea Exchange Bank from Lone Star Funds despite a court’s ruling that the U.S.-based equity fund engaged in stock manipulation. Over the past month, the Financial Services Commission has been in the preliminary stages of ordering Lone Star to sell a large portio...

...PA) ― Land Rover and Mercedes are planning new models of their Range Rover and GL models next year, with increased demand for large, luxury sports utility vehicles (SUVs) in China and Russia, Germany’s Autobild newspaper reports. The new Mercedes GL, built on the basis of the M-Class, is expected to be ready early next year, with only small changes to the exterior, the report said. Both the Merc...