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Ruling party seeks financial version of Serious Accidents Punishment Act 매일경제13:39South Korea’s ruling party is looking to have a “financial version of Serious Accidents Punishment Act” in place sometime next year, which will hold finan... -
Korea’s 14 public firms projected to log $5 bn in losses this year 매일경제11:45Fourteen troubled public enterprises, including Korea Electric Power Corp. (KEPCO) and Korea Railroad Corp. (KORAIL), are projected to see their combined los -
Korea’s proposed brain-computer data format approved as international standard 매일경제11:36South Korea is expected to play an active role in establishing an international standard for data formats used to connect human brains to computers. Accordin -
Korea may review another electricity rate hike as KEPCO’s debt exceeds $150 bn 매일경제11:30The South Korean government is reviewing whether to carry out an additional hike in electricity rate as the entire debt of the state-run utility firm, Korea -
Lotte Duty Free to benefit as Chinese group tourists return to Korea 매일경제11:24Lotte Duty Free, a leading duty-free operator in South Korea, is expected to benefit more than its competitors despite its failure to win the duty-free busin -
Six out of 10 Korean companies have no hiring plans in H2: survey 매일경제11:12Six out of 10 large companies in South Korea either have no plans to hire new employees for the second half of the year or have not yet finalized their hirin -
Liquor market in Korea hits record $7.4 bn 매일경제11:09South Korea’s alcohol market grew to a record 10 trillion won ($7.49 billion) last year as Covid-19 pandemic entered its endemic phase. The alcoholic bevera -
Korean steelmaker stocks undervalued on weak property market 매일경제10:57The stocks of South Korean pure-play steel companies have rebounded this year but their price-to-earnings ratios (PBRs) remain at an all-time low of less tha -
Yoon pledges $300 mn to Green Climate Fund at G20 summit 매일경제10:51South Korean President Yoon Suk Yeol assured global leaders of the nation’s commitment to global efforts to overcome the climate challenge as he unveiled an -
New KT leadership bolsters AI ambitions with startup investments 매일경제10:30South Korean telecommunication operator KT Corp. invested in two leading domestic startups specializing in artificial intelligence (AI), making a strategic m -
HLB on a quest for next-generation target cancer therapy CAR-T: CEO interview 매일경제10:18South Korean pharmaceutical HLB Co. is poised to venture into new therapeutic areas, including chimeric antigen receptor T cell, or CAR-T cell therapy, and a -
Korean retail investors eye long-term U.S. bond ETFs for profit 매일경제10:09South Korean retail investors are flocking to bond exchange-traded funds (ETFs), particularly U.S. long-term ETFs, as they believe that bond prices are under -
Korea’s virtual human market expands AI, CG technologies 매일경제10:00South Korean information technology (IT) companies are scrambling to expand their presence in the growing market for intelligent, communicating virtual human -
Korean outlets offer refurbished furniture, home appliances for young consumers 매일경제09:54Premium outlets in South Korea are offering refurbished furniture and home appliances as seasonal demand grows. Refurbished items refer to those displayed in -
FTC faces criticism over organizational restructuring 매일경제09:48The Fair Trade Commission (FTC), South Korea’s regulatory authority for economic competition, underwent an organizational restructuring in April that separa
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