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Investors Sue Banks for Losses on Risky Derivatives

Korean investors are suing banks for mis-selling them short-term derivative-linked securities involving German sovereign bond...

Renault Samsung to Slash Production in Busan

Renault Samsung will downsize production volume at its plant in Busan by 25 percent from...

Trade Wars 'Could Hit Korea Worst'

Credit ratings firm Fitch warned on Tuesday that failure to deal with the U.S.-China trade...

China says has no intention to play 'Game of Thrones' but won't be threatened on trade

China's top diplomat hit back at US criticism on Tuesday (Sep 24), saying Beijing had...

KOSPI Rallies Above 2,100 Points

The Korea Composite Stock Price index closed up 0.45 percent on Tuesday at 2,101.04 points,...

Huawei CFO fighting US extradition says her rights were violated

Huawei Chief Financial Officer Meng Wanzhou returned to a Vancouver court on Tuesday as her...

Hyundai Motor Group, Aptiv to set up US$4 billion self-driving car venture

Hyundai Motor Group will invest US$1.6 billion in a joint venture to develop self-driving vehicle...

End of Boeing 737 MAX grounding up to individual countries: US FAA

The Federal Aviation Administration said on Monday (Sep 23) that it still has no timeframe...

Sensex opens over 200 points higher; Nifty tops 11,600

Equity benchmark BSE Sensex jumped over 200 points in early session on Tuesday, driven by...

Galaxy Fold Survives Brutal Endurance Test on YouTube

Samsung's new foldable smartphone, the Galaxy Fold, has survived a brutal endurance test that included...

Kakao to Launch Premium Taxi Service

Messaging app giant Kakao has caved in to government and taxi-lobby pressure and will now...

Hyundai Dominates Korean Market as Rivals Struggle

Hyundai has dominated the domestic car market so far this year, while the country's smaller...

Emirates to roll out biometric boarding option for US-bound flights

Emirates customers flying via Dubai to the United States, including those from Singapore, will soon...

SoftBank mulls bringing 40 companies to Brazil: Executive

Japan's SoftBank Group Corp is considering bringing around 40 companies with high growth potential to...

Huawei to join forces with China Mobile to bid for Brazil's Oi: report

Chinese telecoms equipment maker Huawei Technologies Co is joining forces with China Mobile to potentially...

Thomas Cook travel firm in talks with UK government, investors over rescue deal

Iconic British travel firm Thomas Cook has failed to find further private investment to stave...