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Lotte aims for trendy with latest budget hotel option

When walking into L7, a new midrange hotel by Lotte Hotels & Resorts opening today in Myeong-dong, central Seoul, it’s hard to miss the...
BUSINESS

Samsung has a course to test driverless cars

The Speedway motor racecourse at Everland, an amusement park run by Samsung C&T in Yongin, Gyeonggi, will be used as a testing area for...
BUSINESS

Convergence continues to be key at 2016 CES

The personal computer was the star of the Consumer Electronics Show (CES) back in the 1980s. In the ’90s, consumer gadgets were all the...
BUSINESS

When one job just isn’t secure enough

Mr. Lee, a manager at a major construction company in Seoul, works seven days a week. His company job keeps him busy on weekdays....
BUSINESS

Kia touts revamped K7

HWASEONG, Gyeonggi - Kia Motors has partially revealed some of the features of the new K7 sedan, which it hopes will do well in...
BUSINESS

Samsung SDI says its EV battery is strongest

Samsung SDI unveiled Monday the prototype of what it claims to be the highest-density battery cell, which will make it possible for an electric...
BUSINESS

Kakao buys Loen and its MelOn music service

Kakao announced Monday it bought a controlling share of Loen Entertainment, operator of Korea’s top digital music streaming-download service MelOn, for 1.87 trillion won...
BUSINESS

Seoul’s homeless continue to hold out hope

Christmas carols could be heard all around and salespeople promoted their bargains through bullhorns to catch the attention of passersby. Seoul Station Plaza bustled...
BUSINESS

Kia promises driverless cars by 2030

Kia Motors said Wednesday it will roll out fully driverless cars within the next 15 years. During the Consumer Electronics Show (CES) 2016 being held...
BUSINESS

Big companies to see ranks shift

More than half of the large corporations in Korea are expected to see their ranking fluctuate in 2016 as they try to keep up...
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