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Retailers are worried about the trade war, Hong Kong executive says

Retailers are apprehensive about the U.S.-China trade war, an executive at a Hong Kong cosmetics...

Abu Dhabi wealth fund sues Goldman Sachs over 1MDB scandal

An Abu Dhabi sovereign wealth fund is suing Goldman Sachs over an alleged conspiracy involving...

China’s new economy grew by 14.1% in 2017: NBS

For the first time ever, China has released a new indicator measuring the value added...

US stocks fall with oil shares in retreat and retailers mixed

Wall Street stocks fell early Friday, with petroleum shares down on plunging oil prices and...

Oil prices plunge as glut fear triggers heavy selling

Oil prices fell on Friday to lows not seen since last year as concerns over...

Income Gap Widens Despite Gov't Pledges

Fresh figures show that the income gap has widened to unprecedented levels despite the Moon...

Korea to Ban Monazite in Consumer Products

Production and imports of consumer products containing monazite, a radioactive mineral that emits radon, will...

LG to Give 3,900 Temps Permanent Contracts

LG Electronics said Thursday that it will give 3,900 temporary workers at 130 service centers...

Ministry of Industry and IT boosts support to SMEs

China’s Ministry of Industry and Information Technology revealed that it is taking the lead in...

Shanghai and Shenzhen stock exchanges to regulate trading suspensions

Both the Shanghai and Shenzhen stock exchanges successively issued guidelines to regulate listed companies’ suspension...

SoftBank Invests $2 Billion in Coupang

Korea's biggest e-commerce company Coupang has secured a US$2 billion investment from Japan's SoftBank Vision...

Household Debt Soars to W1,500 Trillion

Korea's household debt has surpassed W1,500 trillion or an average of W80 million for every...

Samsung to Release 'Bigger Phone with Multiple Cameras' Early Next Year

Samsung's upcoming flagship smartphone Galaxy S10, set for release early next year, will come with...

Chinese telecom Huawei nets 5G contracts worldwide

Chinese major phone maker and telecom equipment manufacturer Huawei has signed 22 contracts with carriers...

Samsung Records Worst-Ever Performance in China

Samsung is struggling in the Chinese smartphone market, selling only 700,000 smartphones in the world's...

State-Run Shopping Channel to Sell Only Locally Made Products

The government is turning the state-run home-shopping channel into an exclusive outlet for products made...