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Kyobo Life Insurance CEO and Chairman Shin Chang-jae's ethical business practices received global recognition at the Geneve Entrepreneurship Forum on Thursday. The leading life insurer in South Korea said Monday that Shin was awarded the Global Ethics & Stakeholder Commitment Award at the annual e...
SK On, the battery unit of South Korean chip-to-construction conglomerate SK Group, said Monday it will freeze the annual pay of all executive-level officials until it turns to profit, declaring emergency management amid its sluggish performance. The company decided to drastically revamp all worki...
Korea Exchange CEO Jeong Eun-bo held a roundtable meeting with mid-sized companies listed on the nation’s main bourse Kospi to encourage their active participation in the government-led corporate “value-up” program. This is the third meeting of its kind following Jeong's previous ones with larg...
The business communities of Korea, the United States and Japan gathered together in Washington, DC to launch and formalize a trilateral business dialogue, according to the Federation of Korean Industries on Thursday. The FKI, an association for Korean industries, hosted the inaugural Korea-US-Japa...
The Korea Chamber of Commerce and Industry, a major South Korean business lobby, said on Thursday it launched a task force to prepare for business leaders’ meetings to be held on the sidelines of the Asia-Pacific Economic Cooperation summit scheduled to take place here next year. As the 2025 APEC...
CJ CheilJedang, a leading South Korean food company, is signaling European expansion with the recent opening of its Bibigo brand store on Amazon Germany, the company said Tuesday. Opened last month, the brand store is featuring 19 products on Germany’s foremost e-commerce platform. The products ...
LG Uplus, one of the top three telecommunications providers in South Korea, launched its self-developed generative artificial intelligence model ixi-GEN on Tuesday. Ixi-Gen is a small language model that learned LG Uplus’ communication and platform data based on LG AI Research Institute’s Exaone...
South Korea's antitrust regulator plans to wrap up its over 16-month investigation into YouTube next month to determine whether the US platform breached any rules by bundling its music streaming service with its ad-free premium subscription program. Korea Fair Trade Commission Chairman Han Ki-jeon...
South Korea retained its emerging market status by Morgan Stanley Capital International, with the ongoing short selling ban cited as a hindrance to the country's efforts for a status upgrade. "The recent short selling ban introduces market accessibility restrictions," MSCI said Thursday when annou...
President Yoon Suk Yeol declared a "national emergency on population" Wednesday, rolling out measures to expand cash support for newborn babies to reverse the declining birth rate trend. "The population crisis caused by extremely low birthrates is the foremost and critical issue among the various ...
South Korea is to introduce a separate visa track to lure foreign nationals who aspire to become K-pop stars, in a move to attract more tourists from overseas, the Finance Ministry announced on Monday. Based on the concern that the country’s tourism revenue -- the amount that inbound visitors pay...
In the meantime, industry officials said that the nation’s convenience store industry boom came with various merchandising efforts from domestic companies in recent years. “Not only Korean customers but also foreign visitors love visiting convenience stores in Korea due to their diverse and uniq...
The Korea Forest Service and the Kazakh government agreed to enhance bilateral cooperation in forestry management through a memorandum of understanding signed at the Presidential Palace in Astana, Kazakhstan, Wednesday. Under the agreement, formalized on the sidelines of the summit between Preside...
South Korea's ban on the short selling of stocks is set to be extended until March next year. The projected deadline was discussed during a government-parliament meeting between the country's top financial regulators and the ruling People Power Party on Thursday to discuss the enhancement of short...
Debate over a bill expanding the responsibilities a company director not only to the interest of the firm but also to the interest of the shareholders has been rekindled, with business groups showing strong resistance, arguing it could invite damage claims from individual shareholders. Rep. Jeong ...
[Contribution] Investment diary of a CIO’s son
[KH Explains] For Korean automakers, Chinese EVs may loom larger than Tump’s tariffs
Renault Grand Koleos boasts 30% share in hybrid SUVs
Korea Zinc pulls back on capital increase scheme
Solidigm launches industry's largest capacity eSSD for AI data centers
Samsung stocks fall to 4-year low