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Sunday, February 23, 2020
Hanwha’s up-to-date weapons systems drew keen attention during an Indian defense trade show that ended the last weekend, according to industry officials. Hanwha’s defense business units participated in the DefExpo 2020, a defense and aerospace exhibition held in Lucknow,...
Big Hit Entertainment, the agency that manages seven-piece K-pop boy group BTS, almost doubled its annual sales in 2019 just before going public. The Seoul-based label said in a briefing this week that it recorded $495 million in the 2019...
A South Korean consortium headed by Hyundai Engineering & Construction (E&C) has won a $2.81 billion deal to build a metro line in Panama, the builder said Wednesday. On top of Hyundai, the consortium is composed of two other Korean...
Korea's 'bread king' faces mixed results in court decisions Over the past two months, SPC Group Chairman Hur Young-in faced mixed results in lawsuits related to him and his group, Korea’s largest maker of food and confectionary products. One is good...
Night Repair Violet Ampoule wins No. 2 position The First Treatment Essence has been picked as the best Missha product, according to a recent customer survey on the Seoul-based cosmetics brand. Able C&C, which operates the Missha brand, said on Jan....
Diabetes patients may no longer have to prick their finger to monitor the levels of glucose in the blood thanks to new technologies found in South Korea. Samsung Electronics said Wednesday that its research center developed non-invasive alternatives to check...
Belgian beer Hoegaarden is accused of selling products in rusty cans in South Korea so as to cause worries among health-conscious consumers here. But Oriental Breweries, which imports the Hoegaarden brand, continues to sell the beers in question, claiming that...
Antoni Martinez will have to deal with burger probe McDonald’s Korea has appointed Antoni Martinez, who was once a crew member of the fast-food chain, as its new chief, the company announced on Jan. 29. He will replace outgoing Managing Director...
Wrapping up a five-year divorce suit, South Korea’s top court ordered Monday Hotel Shilla CEO Lee Boo-jin to pay $12 million to her ex-husband. The Supreme Court upheld a lower court’s verdict that the oldest daughter of Samsung Group Chairman...
Booyoung chairman sentenced to 30-month prison term Booyoung Group Chairman Lee Joong-keun was imprisoned Wednesday as a court found him guilty of embezzlement and other charges. The group is one of the country’s largest builders. The Seoul High Court handed...

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