56.7 F
Los Angeles
Saturday, March 2, 2024

BUSINESS

Hyundai Card CEO regrets not bringing Taylor Swift’s ‘Eras Tour’ to Korea

Hyundai Card CEO and vice chairman Chung Tae-young publicly shared his bitterness over not bringing Taylor Swift's "The Eras Tour" to Korea. "I should’ve brought the concert...

Tiger Woods-hosted PGA Tour 2024 Genesis Invitational tees off in LA

  The 2024 Genesis Invitational, where Tiger Woods is set to make his PGA Tour season debut, kicked off Thursday. The event is sponsored by...

Korean researchers identify effect of radiation on humans in groundbreaking study

  A Korean research team identified the mutational impact of radiation on human and animal cells in the first study of its kind ever to...

EU conditionally approves Korean Air’s acquisition of Asiana Airlines

The European Union (EU)'s antitrust regulators have given conditional approval for Korean Air's acquisition of its smaller rival, Asiana Airlines. To secure approval from the...

Sky race gathers pace as ‘flying cars’ hover ever nearer

Flying cars from sci-fi films like “Back to the Future” and “Blade Runner” are no longer a vision of a very distant future. With the...

Chinese e-commerce giants overtake U.S. in Korea’s online shopping market

China has clinched the top spot in Korea's overseas direct purchasing market, toppling the United States for the first time since 2014. This surge...

Samsung chip factory in Taylor to receive occupants ‘no later than July 1’

Samsung Electronics' chip factory in Taylor, Texas, will begin operating by July this year, according to a court session in Williamson County, where the...

LG Chem inks $19 billion EV battery materials deal with GM

  LG Chem has inked a 25 trillion won ($19 billion) deal with General Motors (GM) for EV battery materials. The Korean company said Wednesday the...

Gov’t looks to end ‘Korea Discount’ with foreign exchange overhaul

The Finance Ministry will facilitate foreign exchange transactions for overseas investors, a move in line with the government’s latest initiative to lure foreign investors...

Samsung chairman Lee Jae-yong acquitted in controversial merger case

  The Seoul Central District Court on Monday acquitted Lee Jae-yong, chairman of Samsung Electronics Co., on charges of breach of trust and accounting fraud...