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BUSINESS

BUSINESS

Third launch of Nuri rocket slated for May 24

Korea’s domestically developed "Nuri" rocket will take off in two and a half weeks for its third launch, this time with an actual “commercial-grade...
BUSINESS

Samyang Foods eyes Buldak sauces as next money makers

Samyang Foods, well known for its popular Buldak Ramen products, will concentrate on its Buldak Sauce business to grow its worth to 100 billion...
BUSINESS

U.S. chip production is expensive, Korean chipmakers find

Korean chipmakers are facing a multitude of challenges in building and expanding capacity in the United States, after committing billions of dollars to the...
BUSINESS

Korea eyes stronger ties with U.S. in chip industry

The government will take follow-up measures to make full use of President Yoon Suk Yeol's recent visit to the United States and solidify the...
BUSINESS

Hyundai, Kia want consumer class claims dismissed

Hyundai and Kia Motors have asked the California federal judge to dismiss the consolidated consumer class claims filed by victims of car theft. On May...
BUSINESS

Samsung Electronics promises memory-based supercomputer by 2028

Samsung Electronics will develop its own supercomputer by the end of 2028. "Samsung Electronics aims to develop a memory-based supercomputer by 2028," Kyung Kye-hyun, CEO...
BUSINESS

BLACKPINK-emblazoned Korean Air jet to promote Busan Expo bid

A Korean Air jet emblazoned with an image of K-pop girl group BLACKPINK will help promote South Korea's bid to host the 2030 World...
BUSINESS

W+K opens in Seoul to ride the K-wave

Wieden+Kennedy, an advertising agency best known for creating Nike's "Just Do It" tagline, is just doing it in Korea, with the aim of tapping...
BUSINESS

SK On signs deal with Colorado-based Westwater Resources to develop anode materials

  SK On signed an agreement with Colorado-based Westwater Resources to co-develop anode materials, the key component in making electric vehicle batteries. Under the three-year agreement,...
BUSINESS

Kospi gains points, U.S. Fed meeting expected to raise interest rate

Stocks closed higher Tuesday for a third day, ahead of the U.S. Federal Reserve's policy meeting later this week. While the won fell against...
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