[Photo News] LG promotes Korea in Time Square

LG Electronics started this week to run promotion videos of Korean cultural heritage in Times Square, New York. The company said the 60 second video ad that portrays 11 cultural heritages and Bulguksa Temple will be displayed throughout August. Cultural Heritage Administration.

TechnologyAug. 3, 2016

[Photo News] Samsung unveils Galaxy Note 7 in New York

Tech giant Samsung Electronics unveiled the Galaxy Note 7, the sixth of the phablet lineup, in New York on Aug. 2. (Samsung Electronics)

TechnologyAug. 3, 2016

[Photo News] Policy briefing to CEOs

Finance Minister Yoo Il-ho speaks about the nation’s economic policy direction for the second half of this year during a CEO Summer Forum organized by the Federation of Korean Industries in PyeongChang, Gangwon Province, Saturday. (Finance Ministry)

July 31, 2016

[Photo News] CU opens Karaoke-style convenience store

KARAOKE CONVENIENCE STORE — South Korea’s leading convenience store chain CU has opened a new karaoke-style outlet in Hongdae, northwestern Seoul. The specialized CU store is housed on the first floor of the Luxury Su noraebang, a local karaoke bar franchise. The new store has been decorated with neon signs and disco balls to resemble a noraebang and also offers a wide variety of eateries and goods catered to local noraebang-goers, said CU’s operator BGF Retail. (BGF Retail)

IndustryJuly 28, 2016

[Photo News] Under pressure

Johannes Thammer, the head of AudiVolkswagen Korea, responds to questions from the Korean media after participating in the hearing over the emissions scandal at National Institute of Environmental Research in Incheon, Monday. Starting from Monday, the company said it would voluntarily suspend the sales of problematic vehicles which will face administrative measures from the Environment Ministry soon. (Yonhap)

IndustryJuly 25, 2016

[Photo News] After Sokcho, Pokemon Go now operational in Ulsan

 CATCHING POKEMON IN ULSAN — Citizens play Nintendo’s augmented-reality mobile game “Pokemon Go” in Ganjeolgot, a coastal park in the southeastern city of Ulsan in South Korea on Friday. "Pokemon Go" became partially operational in the area from Friday, as the game officially began service in nearby Japan the same day. The game has yet to officially launch in Korea, though it works in certain cities such as Sokcho and Ulsan as the game’s GPS signal is active there. (Yonhap)CATCHING POKEMON IN UL

TechnologyJuly 23, 2016

[Photo News] Global International Partner Meeting

Kim Young-pill (third from right), a president of Green Cross Medical Science, a subsidiary of Korean biopharmaceutical company Green Cross, poses with foreign clients, who attended the conference held at its headquarters located in Yongin City on Thursday. (Green Cross Medical Science)　　

TechnologyJuly 22, 2016

[Photo News] Faster wifi connection

KT Corp., Korea‘s second-largest mobile carrier, is launching GiGA WiFi 2.0 which enables mobile users to use wireless Internet services with speeds of up to 1.73 Gbps, the firm said Friday. (KT Corp.)

TechnologyJuly 22, 2016

[Photo News] A cool half-million

Models celebrate surpassing 500,000 sales of Samsung Electronics’ premium refrigerators at an event in Seoul on Thursday. (Yonhap)

TechnologyJuly 21, 2016

[Photo News] Hyosung's investment in Quzhou

Hyosung president Cho Hyun-joon (right) meets the Chinese party secretary Chen Shin in Quzhou to discuss the possibility of cooperation on the Korean firm’s investment in Quzhou’s spandex and NF3 business on Wednesday. (Hyosung)

IndustryJuly 20, 2016

[Photo News] Hyundai Motor heir's tribute to Halla founder

Hyundai Motor vice chairman Chung Eui-sun (right) is greeted by his uncle and Halla Group chairman Chung Mong-won during his visit to the cemetery where the late Halla chairman Chung In-young lies, on the occasion of the 10th anniversary of his death in Yangpyeong, Gyeonggi Province, on Wednesday. Chung In-young is a brother of the late Hyundai founder Chung Ju-yung whose grandson is Chung Eui-sun. (Yonhap)

IndustryJuly 20, 2016

[Photo News] Top duty-free brand

Lotte Duty Free was voted the most popular Korean duty-free brand by Chinese shoppers in an online survey conducted by Chinese news outlet People‘s Daily Online. Lotte Duty Free received the most votes out of all 250 Korean brands in the survey, according to the company. Pictured: Lotte Duty Free PR manager Noh Jae-seung (center right) accepts the award on behalf of Lotte Duty Free from Zhang Yue, People's Daily Online Korea Vice CEO, at the awards ceremony held at the Grand Hyatt Hotel in Seoul

IndustryJuly 20, 2016

[Photo News] Monetary policy

Bank of Korea Gov. Lee Ju-yeol speaks about Korea‘s monetary policy during an international forum co-hosted by the central bank, the Korea Institute for International Economic Policy and the U.S.-based Peterson Institute for International Economics in Seoul on Tuesday. (Yonhap)

July 19, 2016

[Photo News] New Cadillac CT6

General Motors Korea’s chief James Kim (left) poses with GM’s new flagship sedan Cadillac CT6 at its launch event at the Grand InterContinental Seoul on Monday. The price of the sedan, which is slated to go on sale in August, starts from 78.8 million won ($69,000) for the premium model and 95.8 million won for the platinum model. (GM Korea)

MobilityJuly 18, 2016

[Photo News] Fintech partnership

Samsung Electronics, the world’s top smartphone maker, and KEB Hana Bank have formed a partnership to nurture their financial technology interests and develop joint business opportunities in the fast-converging world of IT and finance, the two sides said Sunday. Shown in the left photo is KEB Hana Bank CEO Ham Young-joo and in the right picture is Samsung Electronics president and mobile business chief Koh Dong-jin. (KEB-Hana Bank)

July 17, 2016

[Photo News] Top in sales service

GM Korea CEO James Kim speaks at a ceremony at the carmaker’s Bupyeong headquarters in Incheon on Thursday to congratulate Chevrolet on winning the best prize among vehicle brands in the sales service category of the Korean Service Quality Index study conducted by Korea Management Association Consulting.GM Korea

IndustryJuly 14, 2016

[Photo News]

An electronic screen at KEB-Hana Bank shows KOSPI recovered the 2,000-point level in three weeks on Wednesday. Yonhap

July 13, 2016

[Photo News] Kia Motors rolls out K5 special trims Signature

Kia Motors unveiled its new K5 special trims Signature alongside plug-in hybrid electric vehicle K5 PHEV in Seoul on Tuesday. The cost of the luxury version Signature, which comes with two models 2.0 gasoline and 1.7 diesel, starts from 22 million won ($19,100). (Kia Motors)

MobilityJuly 12, 2016

[Photo News] Sungdong's closed shipyard sheds light on demise of shipbuilding business

FROM GREAT INDUSTRY TO GHOST TOWN — Two construction cranes stand at a closed shipyard formerly owned by South Korean shipbuilder Sungdong Heavy Industries in Masan, South Gyeongsang Province, Sunday. In light of the prolonged downturn of the local shipbuilding sector, Sungdong’s 700-ton “Goliath Crane” will soon be purchased by a shipbuilding company in Romania, while the shipyard itself was sold off to 20 different small and mid-sized companies in July 2015. (Yonhap)

IndustryJuly 10, 2016

[Photo News] Joining Hands

Lee Dong-geun (fourth from left), standing vice chairman of the Korea Chamber of Commerce and Industry, poses with Lim Chae-un (third from left), president of the Small and Medium Business Corporation and others in Seoul on Wednesday, after signing an agreement to cooperate to support local SMEs in going global. (KCCI)

July 6, 2016