E-commerce operators keep splurging despite snowballing deficits In the classic game of chicken, two cars drive straight to each other. As the loss of swerving is trivial compared to the crash if nobody swerves, the rational option is to swerve...
Korean biosimilar maker promises to invest $34 billion Celltrion, a Korean biosimiar manufacturer, strives to surpass U.S. juggernaut Pfizer by 2030, according to the former’s Chairman Seo Jung-jin on May 16. Toward that end, Seo said that the Incheon-based company will...
Korean automaker named best certified CPO program Autotrader, the most visited third-party car shopping site in the United States, picked Hyundai Motor as the best non-luxury certified pre-owned (CPO) program among the non-luxury pack on May 16. In other words, Hyundai...
41-year-old chairman officially becomes LG king Every May, the Fair Trade Commission (FTC) confirms the existing heads of chaebol, or designates new ones in order to define responsibilities under the relevant law. Chaebol are Korea’s unique business conglomerates where founding...
era-of-convergence

Era of convergence

Automaker develops air purification system The era of convergence dawns as the boundaries between different industries continue to blur as a South Korean company dubbed Hyundai Motor amply demonstrates. The Seoul-based automaker announced May 16 that it developed an intelligent air...
Seoul-based lender sees revenue, profit drop in early 2019 Citibank Korea netted 60.1 billion won in profit during the first three months of this year, down 17.7 percent from a year ago. It is an affiliate here of global giant...
BTS-in-Big-Apple

BTS in Big Apple

K-pop band performs in New York K-pop colossus BTS arrived in New York to perform in Central Park on May 15. Like other cities, die-hard fans waited outside the park for days to see the seven-member boy band. The free performance...
Lotte chief meets US President Seven months ago, Lotte Group Chairman Shin Dong-bin was in a prison cell less than 7 square meters in size in a detention center near Seoul awaiting the results of an appeal after being found...
Korean tech giant hosts Foundry Forum in US Samsung Electronics is ready for 3 nanometer (nm) technology, which will speed up innovations in advanced applications such as artificial intelligence and internet of things. One nanometer is a length that is...
Propofol investigations continue for 2 months Police raided a cosmetic clinic in southern Seoul early this week to investigate the suspicion that it administered an addictive drug of propofol in 2016 to Hotel Shilla CEO Lee Boo-jin. Seoul Metropolitan Police Agency...

ADVERTISEMENTS

LG-Uplus-banner-ads  

POPULAR ARTICLES

ADVERTISEMENTS

LG-Uplus-banner-ads  

LATEST ARTICLES

Carbon-neutrality

Carbon neutrality

LG plans to expand carbon offset projects LG Electronics kicked off an ambitious initiative aimed at achieving net zero carbon emissions from its operations across...

ADVERTISEMENTS

LG-Uplus-banner-ads