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New platform strives to bridge foreign and Korean entrepreneurs A unique business platform is set to kick off in Korea later this month to bridge foreign and Korean entrepreneurs, according to the Global Business Alliance (GBA) on Nov. 18. The grand...

Line in merger talks with Yahoo Japan Two major high-tech corporations of Korea and Japan are poised to join hands so as to challenge such global players as Amazon in the United States and China’s Tencent. Line, the biggest instant messaging...

HDC consortium named preferred bidder for Asiana Kumho Asiana Group named the consortium of Hyundai Development (HDC) and Mirae Asset Daewoo as the preferred bidder for Asiana Airlines, the country's No. 2 flag carrier. Kumho, which tries to sell its 31.05...

Vision Fund troubles feared to spill over to Korean e-commerce giant During the third quarter of last year, SoftBank Group chalked up around $6.5 billion in profit based on stellar performances of its giant Vision Fund, which invested in various...

Osiris web browser creator expects success on global exchange Decenternet, which developed a net-neutral browser dubbed Osiris, has joined hands with BW Exchange to be listed on the global exchange later this month. The company, which also recently came up with...

8th-grade boy penalized for insulting K-pop group If you hope to become instantly famous in the K-pop world, you may have to hate an eminent band instead of loving it. K-pop refers to a genre of popular music originating in...

Three players strive to purchase No. 2 flag carrier Two consortia led by Aekyung Group and Hyundai Development (HDC) each strive to acquire Asiana Airelines, the country’s second-largest flag carrier that is up for grab. A total of three consortia headed...

3Q profit plunges amid weak demand for chips Samsung Electronics saw its bottom line more than halve during the July-September period from a year ago due to the struggling memory chip market, which shows no signs of rebounding. The Seoul-based outfit...

Korean builder faces criticism across the board Daewoo Engineering & Construction (E&C) is one of the largest builders in Korea. But the Seoul-based outfit does not seem to live up to its reputation as a business bellwether. Lawmakers recently cried foul...

SK accuses LG of reneging on 2014 patent deal SK Innovation renewed its claim that LG Chem reneged on a patent deal between the two rechargeable battery makers, which are stuck in lawsuits in the United States and Korea. This time...