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Reporter : Kim Yoo-chul

Fri, April 27, 2018 | 07:54

GDP grows 1.1% on strong exports in 1Q

The Korean economy expanded 1.1 percent in the first three months of 2018 from the previous quarter on strong exports by semiconductor makers and robust facility investments, the data showed Thursday.

Policies | 2018-04-26 16:47

Samsung's Q1 profit reaches all-time high

Samsung Electronics posted a record quarterly operating profit, for the first three months of 2018, mostly powered by better-than-expected memory chip prices and solid sales of its latest flagship smartphone.

IT | 2018-04-26 16:45

Bank employees in hot seat for 'excessive' demands

Maintaining flexibility and a work-life balance is truly an integral part of society and how companies and organizations should operate. There's no debate about that.

Finance | 2018-04-26 15:43

IBK agrees to buy Mitraniaga bank in Indonesia

Industrial Bank of Korea (IBK), the country's leading lender, will acquire a controlling stake in Indonesia's PT Bank Mitraniaga Tbk.

Finance | 2018-04-25 16:26

Woori moving to downsize workforce

Woori Bank has decided to implement a voluntary retirement program primarily to reduce the number of senior managers, despite its record profits over the past year.

Finance | 2018-04-25 15:32

US gov't inspects Korean banks over compliance issues

Financial authorities in New York plan to inspect seven Korean banks operating there as they are suspected of failing to meet compliance guidelines.

Policies | 2018-04-24 16:34

KT named as official telecom provider for Korea summit

KT was chosen as the official telecom service provider for an upcoming summit between the two Koreas.

IT | 2018-04-23 17:02

'Inter-Korean summit makes little impact on stocks'

The upcoming summit between South Korean President Moon Jae-in and the North's Kim Jong-un will have little impact on the stock market because investors are weighing more on “market trends,” said a portfolio manager at KB Securities.

Inter-Korean summit 2018 | 2018-04-23 17:02

Samsung ordered to change byzantine ownership

Samsung Group is coming under increasing pressure to overhaul its web-like corporate structure, with the country's top financial regulator officially pushing the corporation to simplify its cross-holdings system.

Policies | 2018-04-23 15:22

Samsung's Jay Y. Lee seeks better access to Trump

When Samsung Electronics Vice Chairman Lee Jae-yong took the reins of the Samsung conglomerate from longtime charismatic corporate leader Lee Kun-hee in 2014, the Harvard-educated leader moved to maintain close connections with Silicon Valley in the U.S.

IT | 2018-04-20 17:07

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Missile attack on Syria