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BUSINESS

BUSINESS

Maum.AI’s automated AI Human services take on simple repetitive tasks

The 21st World Korean Business Convention, held for the first time overseas at the Anaheim Convention Center last week, has been deemed a success...
BUSINESS

Korea’s GDP expected to maintain modest growth until 2028

A state-run research institute projected Korea’s economic growth at 2 percent next year as a slowdown in the overall consumption and investment in the...
BUSINESS

Samsung, LG chiefs visit Europe in last-minute push for World Expo bid

Samsung Electronics Executive Chairman Lee Jae-yong and other Korean business chiefs are heading to Europe in their last spurt of support for Busan's bid...
BUSINESS

Prosecutors seek 5-year sentence for Samsung heir Lee Jae-yong

Prosecutors are seeking a five-year prison sentence for Samsung Electronics Executive Chairman Lee Jae-yong, alleging Lee engaged in unfair practices to inherit management rights...
BUSINESS

IMF ups Korea’s 2024 inflation outlook to 2.4%

The International Monetary Fund (IMF) has expected Korea to reach the country's inflation target of 2 percent by the end of next year, the...
BUSINESS

Samsung, LG win big at CES 2024 Innovation Awards

Samsung Electronics and LG Electronics swept prizes at CES 2024 Innovation Awards, which were held before the trade show that will take place next...
BUSINESS

Yoon, Apple CEO stress supply chain cooperation in surprise meeting

President Yoon Suk Yeol held a surprise meeting with Apple CEO Tim Cook, discussing solidifying supply chain cooperation on the margins of the APEC...
BUSINESS

Hyundai launches All-New Kona X Art Project in Madang Mall, Koreatown

  Hyundai Motor America (HMA) held a launch event for the 'All-New Kona X Art Project' to showcase the 2024 All-New Kona vehicle and unveil...
BUSINESS

Samsung dumps ASML shares for $3.3 billion investment war chest

Samsung Electronics shed additional shares of ASML as part of its efforts to rack up billions of dollars for future investment in chips, bracing...
BUSINESS

Pulmuone to make noodles fresh in California with new production line

Korean fresh food company Pulmuone added a new noodle production line at its plant in Gilroy, California, achieving an annual production capacity of 24...
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