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Dead Korean Air Chief Gets Massive Severance Payment

Hanjin Group chairman Cho Yang-ho, who was ousted from the board of flagship subsidiary Korean...

Ford to Cut 7,000 Jobs, 10% of Global Staff

Ford plans to cut 7,000 jobs, or 10 percent of its global workforce, as part...

Google to Restrict Huawei from Android Operating System

The giant U.S. internet search engine Google said Monday it is restricting China's Huawei from...

Samsung Chief Tries to Market 5G Mobile Devices in Japan

Samsung chief Lee Jae-yong launched a marketing blitz to gain a foothold in Japan's 5G...

Hyundai's Hydrogen Fuel Cell SUV Starts Gaining Ground

Sales of Hyundai's second-generation hydrogen fuel cell SUV Nexo have passed 1,000 units so far...

Huawei will not bow to US pressure, says founder Ren Zhengfei

Chinese telecoms giant Huawei is ready to deal with Washington's crackdown and will reduce its...

Canada aims to ratify trade deal after lifting of tariffs

Ottawa plans to proceed "full steam ahead" on ratification of a free trade agreement with...

Homes in Seoul Cost 8.7 Years' Worth of Average Income

A salaryman would have to save every penny he earned for 8.7 years to buy...

More and More Koreans Give up Looking for Jobs

A growing number of people have given up looking for work altogether as the job...

Unemployment Hits Fresh Record in April

The number of employed people grew by just 170,000 last month, slowing from a deceptive...

China wary of jobs as trade war casts shadow over economy

Chinese Premier Li Keqiang has vowed to mobilise all resources to create jobs and stabilise...

Huawei in bid to grow enterprise business amid scrutiny on key telecoms segment

Huawei Technologies unveiled on Wednesday (May 15) a new database management system, in a bid...

Disney to take full control of Hulu

Walt Disney Co. will take full control of Hulu in a deal with co-owner Comcast...

LG Chem Signs Deal to Supply EV Batteries to Volvo

LG Chem signed a deal to supply batteries for Volvo's electric vehicles, it said on...

Seoul Mayor Proposes Relocating SNU Hospital

Seoul Mayor Park Won-soon has proposed relocating Seoul National University Hospital from Yeongeon-dong to Chang-dong...

China, US have 'wisdom' to resolve trade dispute, says senior diplomat

China and the United States both have the "ability and wisdom" to reach a trade...