BUSSINESS
November 21, 2024 03:24pm
[From the Scene] Gigantic Olive Young store lures young trend-setters in Seongsu
Stepping into Olive Young N Seongsu, just a minute’s walk from Seongsu Station’s Exit 4, visitors are immediately greeted by a vibrant and spacious in...
November 21, 2024 03:22pm
Korean Air offers special flights for mileage users
Korean Air has introduced a special flight schedule for customers wishing to redeem mileage points for trips to Jeju Island. Mileage users will have p...
November 21, 2024 03:16pm
Seoul’s department stores dazzle in festive holiday competition
Christmas has arrived early in Seoul’s department stores, where luxury retailers Shinsegae, Lotte, and Hyundai are locked in a competition to outshine...
November 21, 2024 03:14pm
LS, Denmark’s CIP join hands for Ulsan wind power project
LS Cable & System, a leading Korean cable manufacturer, is bolstering ties with global infrastructure investors to supply its submarine cables for flo...
November 21, 2024 03:07pm
CJ CheilJedang to spur overseas growth with new Hungary, US plants
South Korean food company CJ CheilJedang announced Thursday it plans to build new production facilities in Hungary and the US as part of efforts to ex...
November 21, 2024 02:45pm
LG Chem to secure massive supply of lithium from ExxonMobil
LG Chem has forged a deal with US energy giant ExxonMobil to secure up to 100,000 metric tons of lithium, a key material for cathodes used in electric...
November 21, 2024 02:38pm
[Herald Interview] Canada’s Genesis Fertilizers teams up with Korean builder for sustainable agriculture
In a step toward sustainable agriculture, Canadian fertilizer company Genesis Fertilizers has signed a $35 million front-end engineering design, or FE...
November 21, 2024 02:15pm
LG Uplus taps IT strategist as new CEO
LG Uplus, one of the nation's top three telecom carriers, announced Thursday that it has appointed Hong Bum-shik, head of corporate strategy at L...
November 21, 2024 02:14pm
KG Mobility’s Tivoli hits 300,000 units sold in Korea
KG Mobility’s compact SUV Tivoli has surpassed 300,000 units sold in South Korea, with its global cumulative sales exceeding 420,000 units since its d...
November 21, 2024 01:38pm
Hyundai Ioniq 9 debuts as electric SUV with home-like comfort
GOYANG, South Korea -- Hyundai Motor is expanding its electric vehicle lineup with the launch of the Ioniq 9, the company’s first large, all-electric ...
November 21, 2024 11:23am
Samsung Electronics introduces 2nd-generation AI model, Gauss 2
Samsung Electronics Co. on Thursday unveiled the Samsung Gauss2, the second generation of its generative artificial intelligence model, at an annual t...
November 21, 2024 11:21am
Celltrion to buy back its shares for 5th time this year
South Korean biopharmaceutical firm Celltrion Inc. said Thursday it will spend around 100 billion won ($71.5 million) to buy back its shares for the f...
November 21, 2024 11:04am
Lotte Group says total assets stand at W139t, shrugging off liquidity concerns
Lotte Group, one of South Korea's largest conglomerates, on Thursday refuted concerns of a liquidity crisis, stating its total assets, including ...
November 21, 2024 10:20am
SK hynix begins production of world's first 321-layer NAND flash memory chips
SK hynix said Thursday it has started mass production of the industry's first triple-level cell-based 321-layer NAND flash memory chips. NAND fla...