BUSSINESS
November 22, 2024 04:16pm
AmCham seminar discusses US-Korea trade outlook for Trump’s 2nd term
The American Chamber of Commerce in Korea hosted a seminar Wednesday in Seoul, partnering with local law firm Kim & Chang to explore key trade and tar...
November 22, 2024 02:10pm
Celltrion’s Prolia, Xgeva biosimilars receive approval in Korea
South Korean biosimilar giant Celltrion announced Friday that its biosimilars, Stoboclo and Osenvelt, have been approved by the Ministry of Food and D...
November 22, 2024 02:00pm
LG Innotek invests W376b for Vietnam facility
LG Innotek said Friday it would invest 375.9 billion won ($268.3 million) in a facility in Vietnam to respond to new models in the optical solutions b...
November 22, 2024 10:21am
S. Korea to enhance cooperation with Mexico to remove biz uncertainties over Trump
South Korean Trade Minister Cheong In-kyo said Friday the government will establish cooperative channels with Mexico in an effort to minimize uncertai...
November 21, 2024 06:10pm
LG chooses stability in leadership reshuffle amid uncertainties
LG Group chose stability in its year-end executive reshuffle on Thursday, rather than seeking drastic changes in the top brass amid growing uncertaint...
November 21, 2024 05:44pm
Paper firms fined W30b for colluding on newsprint prices
South Korea’s antitrust watchdog has fined three paper manufacturers a total of 30.5 billion won ($21.8 million) for colluding to raise newsprint pric...
November 21, 2024 03:39pm
Now is no time to add pressure on businesses: top executives
The top executives of 16 major Korean conglomerates, including Samsung, SK, Hyundai Motor and LG, on Thursday issued a rare joint statement opposing t...
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 03:14pm
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 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 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...