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Korea’s June inflation below 3% for first time in 21 months on lower oil prices 매일경제12:09South Korea’s inflation fell under 3 percent for the first time in 21 months in June as the gain slowed for five straight months on reduced inflationary pre
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Samsung Electronics realigns memory, network organizations 매일경제12:06Samsung Electronics Co. has introduced personnel and organizational changes to strengthen its competitive edge in new businesses, such as High Bandwidth Memo
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Korea rises as emerging market for luxury cars worth over $229,621 매일경제11:57More than 6,000 ultra-expensive passenger cars priced higher than 300 million won ($229,621) have been sold in South Korea, and global automakers that produc
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Korean webtoon maker YLAB aims to go public, become IP specialist 매일경제11:45Korean webtoon production company YLAB Corp. is accelerating its footsteps to expand its business areas to intellectual property (IP) from content production...
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Singapore-based Qoo10 intends to buy SK square’s 11Street 매일경제11:42Qoo10, a Singapore-based e-commerce platform that has purchased multiple South Korean e-commerce giants, intends to acquire 11Street Co. owned by SK square C
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Samsung Electronics to go paperless in reporting and meetings 매일경제11:33Samsung Electronics Co. Vice Chairman Han Jong-hee, head of the Device Experience (DX) division, has declared that the company will no longer use paper docum
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Hyundai Motor to unveil high-performance models in H2 매일경제11:27Hyundai Motor Co. will release a series of high-performance models later this year, targeting global markets, including China and North America, as the compa
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Korean secondary battery, cathode stocks gain on Tesla’s robust sales report 매일경제11:06Stocks of South Korean secondary battery and component manufacturers are flying high following the surprising sales announcement by U.S. Tesla Inc., the worl...
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POSCO Group to invest $93 bn by 2030 to build hydrogen reduction steel plant 매일경제11:03POSCO Group, owner of South Korea’s biggest steel mill, announced plans Monday to invest 121 trillion won ($92.6 billion) by 2030 to build a hydrogen reduct
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Korea’s Hanwha Q CELLS tops solar module markets in U.S. 매일경제10:51Hanwha Q CELLS Co., a solar module-making unit of South Korea’s chemicals-to-construction conglomerate Hanwha Group, achieved its highest-ever market share
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Yoon asks new vice ministers to ruthlessly fight cartels with vested interests 매일경제10:36South Korean President Yoon Suk Yeol instructed newly appointed vice ministers Monday to “ruthlessly” fight against “cartels with vested interests,” his
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Investigation shows $446 mn worth of misuse in Korea’s energy project aid 매일경제10:33A recent investigation by the Yoon Suk Yeol government into energy projects carried out under the previous government showed that a total of 582.4 billion wo
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Korean defense companies seek major orders from U.S., U.K. 매일경제10:12South Korean defense companies have launched efforts to grab orders in major countries, including the U.S. and Canada, with hopes to expand their overseas pr
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Korean pharmaceuticals turn to Humira biosimilars 매일경제10:09South Korean pharmaceuticals plan to set themselves apart from their global rivals by featuring high concentrations and interchangeability as global market p
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Korea’s major labor group presses on with two-week general strike 매일경제10:00The Korean Confederation of Trade Unions (KCTU), a major labor group in South Korea, has begun a two-week general strike as announced earlier at a time when