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US-China 'phase one' trade deal to be signed on Jan 15

A partial new US-China trade agreement will be signed in the middle of next month,...

Cryptocurrency Exchange Slapped with Massive Tax Bill

Korea's biggest cryptocurrency exchange Bithumb has been slapped with a W80 billion bill by the...

Lotte Buys Seattle Hotel

Lotte Hotel will open an establishment in Seattle in June next year.Alongside Hana Financial Investment,...

Samsung to Launch Another Foldable Phone in February

Samsung is expected to launch a new foldable smartphone in February next year.The new model...

India's start-ups generate $28bn worth of 'excitement' for global investors

Sanjay Bhatia is upbeat about the future of his business despite a slowdown in the...

Aging Population Contributes to Rising Home Prices

The aging population is a contributing factor to rising home prices over a long-term period,...

More University Graduates Take Jobs They're Overqualified for

Around 30 percent of college graduates in Korea were forced to find service, sales and...

Smaller Carmakers' Factories Idle

Assembly lines at Korea's three smaller carmakers GM Korea, Renault Samsung and Ssangyong idled for...

Lawyers Proliferate

There are now over 30,000 qualified lawyers in Korea as of Wednesday, five years after...

Jeju Air to Acquire Rival Eastar Jet

Budget carrier Jeju Air will buy out rival Eastar Jet in the first case of...

Household Debt Still Soars 2.7 Times Faster Than Income

The average debt shouldered by every household in Korea now stands at W80 million, rising...

Most High-End Cars in Korea Are Imports

Seven out of 10 top-end cars sold in Korea are imports, according to the Korea...

Samsung Named World's Most Innovative Company for 5th Straight Year

Samsung has been named the world's most innovative company for the fifth consecutive year.The tech...

Gov't Unveils Tougher Curbs on Property Prices

The government on Monday unveiled a new set of curbs including lending restrictions aimed at...

Korea to Get 3rd Online-Only Bank

Korea is set to get another online-only bank as Viva Republica, the fintech firm operating...

Korean Cosmetics Owe Much to Leading Distributor

Korean cosmetics still play a considerable part in the Chinese market, not least thanks to...