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Thursday, April 3, 2025

BUSINESS

Finance Minister Choo meets U.S., Chinese counterparts

Finance Minister Choo Kyung-ho met with his U.S. and China counterparts on Monday on the sidelines of the G20 Finance Ministers and Central Bank...

Legal battle over late LG chairman’s inheritance begins

A legal battle over inheritance between LG Chairman Koo Kwang-mo and his adoptive mother and siblings began on Tuesday as the two sides held...

Samsung, SK hynix battle for HBM supremacy

High bandwidth memory (HBM) is now a major battleground between Samsung Electronics and SK hynix, with demand skyrocketing thanks to the increasing use of...

Asiana flight to Vietnam canceled as pilot union strike looms

Asiana Airlines canceled one of its international flights Sunday amid an ongoing wage dispute with its pilot union. The flights between Incheon and Ho Chi...

BOK’s Rhee warns against quick rate cut

Bank of Korea (BOK) Gov. Rhee Chang-yong on Friday advised the public not to expect a rate cut any time soon. “Do not place great...

Son Heung-min tapped as new face of Samsung’s Galaxy brand

Korean football star Son Heung-min has been selected as the face of Samsung Electronics’ Galaxy brand. “Samsung Electronics is delighted to work together with Son...

21st World Korean Business Convention gears up to attract local businesses

With just over 90 days until the 21st World Korean Business Convention (WKBC), which will be held overseas for the first time, the WKBC...

Bank of Korea holds rate steady at 3.5 percent

The Bank of Korea kept its policy rate unchanged Thursday for the fourth consecutive time, holding it at 3.5 percent. It was a widely expected...

Korean streaming platforms face uphill battle against Netflix

“Down with Netflix!” is presumably a slogan uniting all Korean streaming platforms, but they face a harsh reality. Netflix is still ranked at the top...

Strikers bring Hyundai Motor production lines to a halt

Production lines at Hyundai Motor ground to a halt on Wednesday after unionized workers launched a strike. According to the Korean Metal Workers’ Union under...