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Saturday, December 21, 2024

BUSINESS

Asian markets tumble in 2016

The Asian market, as well as Seoul’s main bourse, was heavily shaken on the first trading day of 2016, raising concerns that the global...

2015 was just fine for some industries, awful for others

The year 2015 was marked by the stellar performance of pharmaceuticals and cosmetics companies. While cosmetics companies took the crown as a star performer for...

Social networks alter the media landscape

As the impact of social networks on people’s daily lives grows thanks to a wide distribution of digital devices, the way we consume news...

Natural gas to play bigger role in future

The Korean government has decided to expand the use of natural gas to lower the nation’s dependence on crude imports and realize the carbon...

Samsung’s new processor aims at health market

Samsung Electronics has become the first semiconductor developer to produce a chip that integrates two separate functions - measuring biological signals and processing the...

At Instagram, it’s all about communication

Back in April 2012, Facebook CEO Mark Zuckerberg announced his decision to acquire Instagram for a cool $1 billion. The news stunned the global IT...

For the lonely, robots offer all kinds of intimacy

When one American man started using Ashley Madison, the online dating website marketed to aspiring adulterers, he hoped to be connected to women looking...

For second year, Sonata is nation’s top vehicle

Hyundai Motor’s Sonata sedan will probably be the best-selling car of the year in the domestic market, clinching the No. 1 position for the...

GDP in Gyeonggi surpasses Seoul

Gyeonggi last year overtook Seoul in terms of regional economy for the first time since 1998, when the government started gathering data. According to Statistics...

Shake Shack is coming to Korea

Shake Shack, a New York-based global burger chain, will launch in Seoul next year in partnership with Korean bakery giant SPC, according to the...