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Thursday, June 20, 2024

BUSINESS

Korea warns currency speculators again, threatens intervention

Currency speculators were again warned by the government, which said it will intervene in the bond market if necessary.The comments come as the won...

Samsung Electronics develops toilet tech for developing countries

The Bill & Melinda Gates Foundation and Samsung Electronics have worked on a challenge facing many underdeveloped countries but is relatively underpublicized: toilets.  After three...

LG Innotek in talks with Tesla to supply camera modules

LG Innotek is in talks with Tesla to supply the automaker with camera modules, according to the Korean electronics component maker on Thursday.  The deal...

[ANALYSIS] Hyundai Motor faces conundrum after failing to make U.S. subsidy

Hyundai Motor has found itself on the edge of a precipice as none of its eco-friendly vehicles were placed on Joe Biden’s “Made-in-America” electric...

Stocks fall over 1 percent Tuesday as investors shun risky assets

Stocks fell more than 1 percent Tuesday as investors shunned risky assets amid concerns over further aggressive rate hikes by the U.S. Federal Reserve....

Koreans still view Chinese as economic partners

Nearly 44 percent of respondents believe economic cooperation is the best direction for Korea-China relations, according to a JoongAng Ilbo survey released Tuesday ahead...

Odyssey Ark, 55-inch curved monitor, released by Samsung

Samsung Electronics on Tuesday released the Odyssey Ark, a 55-inch curved gaming monitor and the latest addition to its Odyssey gaming monitor brand lineup.The...

K-pop companies’ earnings are ‘Up&Down’ in second quarter

K-pop companies reported mixed second-quarter earnings as JYP Entertainment and YG Entertainment fended off economic uncertainties by selling concert tickets and subsidiaries, while SM...

SK Inc. and SK Innovation invest $250 million in TerraPower

SK Inc. and 33.4-percent-owned SK Innovation have invested $250 million into TerraPower, a Bellevue, Washington company that develops nuclear reactors.The two companies are part...

Hyundai Motor, affiliates invest more in robots

Friday August 12, 2022 Hyundai Motor and its affiliates announced an investment of $424 million Friday to build a research center for robots in the...