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    Hybe's new boy group Boynextdoor aims to be 'one and only' presence in K-pop

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Thu, June 1, 2023 | 10:29
Asiana Airlines' Q1 net losses widen on weak won
Asiana Airlines' Q1 net losses widen on weak won
Asiana Airlines, Korea's second-biggest carrier by sales, said Monday its net losses widened in the first quarter from a year earlier as a weak won drove up operating costs.
2023-05-15 17:59
BMW breaks ground on R&D center in Incheon's Cheongna
BMW breaks ground on R&D center in Incheon's Cheongna
BMW Group Korea has begun the construction of a research and development center in Incheon's Cheongna International City, said the Korean office of the global automotive titan, Monday.
2023-05-15 16:39
Samsung Electronics to open flagship store in Gangnam to rival Apple
Samsung Electronics to open flagship store in Gangnam to rival Apple
Samsung Electronics is preparing to open a flagship store near Gangnam Station in southern Seoul, in response to Apple's fifth domestic Apple Store, Apple Gangnam. The Samsung store, named Samsung Gangnam, is expected to open by the end of June.
2023-05-15 16:34
Electricity, gas rates to be raised to cap soaring losses
Electricity, gas rates to be raised to cap soaring losses
A four-person household will shoulder an additional 7,400 won ($5.52) increase on average in their combined monthly gas and electricity bills from June following an 8 won per kilowatt hour (kWh) hike in power rates and a 1.04 won per megajoule (MJ) rise in gas bills, the government said Monday. The new electricity and gas rates will come into effect from May 16.
2023-05-15 16:10
  • Will utility fee hikes affect inflation cooldown?
Doosan Enerbility starts manufacturing parts for new nuclear reactors
Doosan Enerbility starts manufacturing parts for new nuclear reactors
CHANGWON, South Gyeongsang Province - A 17,000-ton forging press, 23 meters high and eight meters wide, was operating on Monday at Doosan Enerbility's main factory in the southeastern industrial city.
2023-05-15 15:30
Hyundai Motor posts solid growth in India
Hyundai Motor posts solid growth in India
Hyundai Motor Group is expanding its presence in the Indian market, which has evolved into the world's third-largest car market after the U.S. and China. According to the Society of Indian Automobile Manufacturers (SIAM) Monday, the combined sales of Hyundai Motor and Kia Corp. in India from January to April reached 295,359 vehicles, approaching the 300,000 mark and up 15.5 p...
2023-05-15 14:59
China suspected of hampering Busan's World Expo bid
China suspected of hampering Busan's World Expo bid
Concerns have been raised among Korean businesspeople, as China is said to be trying to thwart their ongoing efforts to win international support for Busan's bid to host the World Expo 2030, according to industry officials, Sunday. The world's second-largest economy has reportedly been asking developing countries to vote for the Saudi Arabian capital of Riyadh at November's m...
2023-05-14 16:54
Samsung chief meets Elon Musk for partnership in autonomous driving, system chips
Samsung chief meets Elon Musk for partnership in autonomous driving, system chips
Samsung Electronics Executive Chairman Lee Jae-yong met with Tesla CEO Elon Musk at Samsung Semiconductor U.S. R&D Labs in Silicon Valley, Thursday to discuss cooperation in the future advanced industrial field including autonomous driving semiconductor production, the company said Sunday. This was the first private meeting between the two.
2023-05-14 16:20
'Samsung Electronics to establish high-tech semiconductor R&D base in Japan'
'Samsung Electronics to establish high-tech semiconductor R&D base in Japan'
Samsung Electronics will build a development facility in Yokohama, in what is a collaboration between the chip industries of Japan and Korea, according to a Nikkei report, Sunday. Samsung was unavailable for comment.
2023-05-14 16:06
Kakao restructures money-losing affiliate
Kakao restructures money-losing affiliate
Kakao Enterprise, the business-to-business (B2B) subsidiary of Kakao Corp., said it will fortify cloud-based businesses, in a move to restructure the money-losing entity which is certain to extend years of losses that began in 2021.
2023-05-14 15:14
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Top 10 Stories
1Seoul City takes flak for bungled emergency text alert on NK's rocket launch Seoul City takes flak for bungled emergency text alert on NK's rocket launch
2Rude cabbies in Seoul face stricter penaltiesRude cabbies in Seoul face stricter penalties
3[INTERVIEW] Asia expected to be key driver of ESG growth: Deloitte ESG Partner INTERVIEWAsia expected to be key driver of ESG growth: Deloitte ESG Partner
4North Korea's spy satellite launch fails as rocket falls into sea North Korea's spy satellite launch fails as rocket falls into sea
5Retailers adopt generative AI to offer personalized products, services Retailers adopt generative AI to offer personalized products, services
6Committee calls for lowering requirements for foreigners to teach English online Committee calls for lowering requirements for foreigners to teach English online
7Chinese account for 54% of foreign-owned homes in Korea Chinese account for 54% of foreign-owned homes in Korea
8AMCHAM stresses S. Korea-US ties after NK fires 'space launch vehicle' AMCHAM stresses S. Korea-US ties after NK fires 'space launch vehicle'
9LS chairman appears in YouTube commercial LS chairman appears in YouTube commercial
10Samsung Sharing Kiosk raises $174,000 to help children in need Samsung Sharing Kiosk raises $174,000 to help children in need
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