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BUSINESS

BUSINESS

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...
BUSINESS

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...
BUSINESS

Samsung Vice Chairman facing key tests following pardon

Friday August 12, 2022 After being granted a special presidential pardon, Samsung Electronics Vice Chairman Lee Jae-yong now faces critical tests of weathering unfavorable market...
BUSINESS

Samsung Electronics unveils Galaxy Z Flip 4 and Z Fold 4

Samsung Electronics introduced its foldable duo — the Galaxy Z Flip 4 and Z Fold 4 — in New York on Wednesday, hoping that...
BUSINESS

Korea joining ‘Chip 4’ meeting despite Beijing’s opposition

Korea is joining "Chip 4," Minister of Trade, Industry and Energy Lee Chang-yang said Monday. "We have decided to take part in a preliminary meeting...
BUSINESS

Danuri heads to the moon and takes Korea into space club

A Korean spacecraft is on its way to the moon after successfully launching and reaching a slingshot trajectory.It is the country's first step into...
BUSINESS

Tea takes Korea as Koreans take to tea

The tea market is expanding in Korea as consumers look for healthier options and as tea becomes an alternative to coffee.   Tea drinks blended...
BUSINESS

Won renews 13-year low against the dollar on Friday

The won renewed a 13-year low against the dollar on Friday, punching through the 1,320-won mark.   It reached as low as 1,326.10 won, down more...
BUSINESS

Shoppertainment – The Symbiosis of K-Pop and TV Home Shopping

  On April 3, K-pop girl group Oh My Girl's unit group Oh My Girl Banhana made a debut through a showcase performance. Interestingly, the...
BUSINESS

Korean Online Shopping Brand ‘Style Nanda’ Sell 70% Stake to L’Oreal

French cosmetics company L’Oreal is to acquire 70% stake in South Korean online clothing and cosmetic product brand Style Nanda. One of the leaders of...
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