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BUSINESS

BUSINESS

Exports fail to shine, but chip recovery on the horizon

From left, Cho Sang-hyeon, the head of KITA's Institute for International Trade, and Jeong Marn-ki, KITA's executive vice chairman, speak at the press briefing...
BUSINESS

Kia reveals all-electric EV5 SUV

The Kia EV5 SUV, the carmaker's first electric-only model manufactured in China, made its global debut on Friday during the Chengdu Motor Show held...
BUSINESS

Fukushima water discharge deals blow to Korean fisheries

Japan's decision to release treated radioactive water from the Fukushima Daiichi nuclear power plant is dealing a critical blow to Korean fisheries as they...
BUSINESS

Ariana Grande’s exit rumor leaves HYBE in pickle

Rumor has it that Ariana Grande is leaving her manager Scooter Braun. Should it be true, the biggest loser may not be Braun but...
BUSINESS

Bank of Korea keeps rate, growth forecast steady

The Bank of Korea (BOK) kept the key rate unchanged at 3.50 percent on Thursday for a fifth consecutive time. It was a unanimous decision by the...
BUSINESS

Ray EV comes back with a half-price tag, doubles driving range

Kia's mini Ray EV returns from a five-year break at half its previous price but with double the driving range. The Korean automaker will begin...
BUSINESS

Bank workers in Korea choosing voluntary retirement while getting is good

Banks are reaping record profits, but ironically, more and more workers are feeling encouraged to leave. Workers are happy to move on to the next...
BUSINESS

Young Koreans cut food budget amid soaring prices

Young Koreans are preferring a home-packed lunch and packaged meals over eating out amid surging consumer prices. Koreans in their 20s spent 6.6 percent less...
BUSINESS

Disney+ struggles to grow share in Korean market

When Disney+ was first launched in Korea in November 2021, Star Wars, Marvel and animation fans were thrilled to dig into a treasure trove...
BUSINESS

Korea looking to accelerate nuclear power exports

Korea is on a quest to find new markets for its nuclear power plant exports as more countries, including the Netherlands, Canada and the...
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