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BUSINESS

BUSINESS

Korea and Japan re-establish $10 billion currency swap deal

Korea and Japan officially struck a $10 billion currency swap deal Friday. The announcement comes eight years after the end of the two countries'...
BUSINESS

Internet post accuses Posco of having ‘feminist’ gestures in recruitment video

Posco recently came under fire for using a pinching hand gesture in the company’s animated employee recruitment video, as the online hunt for the...
BUSINESS

Asiana Airlines to offer up to 30% discount on LAX-ICN flights

  Asiana Airlines is hosting a special event to celebrate the expansion of its A380 (Airbus 380) route to LAX-ICN next year. Asiana announced on November...
BUSINESS

Fruitless Busan bid still enabled Korea Inc. to seed fresh opportunities

Korean business organizations emphasized that Busan's campaign for the World Expo 2030 served as an opportunity to demonstrate the country's potential. The Korea Chamber of...
BUSINESS

Korea-U.S. alliance at ‘unprecedented heights,’ foreign minister says

Korean Foreign Minister Park Jin said that Korea-U.S. alliance has reached “unprecedented heights” as the two nations' economic ties, which began in military security,...
BUSINESS

Korean American tour company to resume New Year’s sunrise tour

  Aju Tours has launched its first sunrise tour of the new year and is looking to attract customers. The company announced the return of its...
BUSINESS

Korea to double ceiling for immediate tax return for foreign tourists

Tourists and locals on the streets of Myeong-dong in central Seoul The maximum limit of purchases eligible for an immediate tax refund by foreign...
BUSINESS

Int’l rights groups speak out against Saudi Arabia’s Expo bid

  Fifteen international human rights organizations expressed opposition to Saudi Arabia’s bid to host the World Expo 2030 in a joint letter released Tuesday, citing...
BUSINESS

2023 LA Auto Show showcases the latest in automotive innovation

  The 2023 Los Angeles Auto Show, a hub for the latest trends in the North American automotive industry, commenced on November 17 at the...
BUSINESS

Korea, Britain agree to deeper cooperation in nuclear sector

Korea and Britain agreed to strengthen their cooperation in the nuclear sector, including the construction of new power plants, the Industry Ministry said Tuesday. The...
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