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Hyundai Unveils Revamped Genesis Luxury Sedan

Hyundai's premium brand Genesis unveiled its new G90 luxury sedan, a face-lifted version of the...

Korea to Export 3 More Trainer Jets to Indonesia

Korea Aerospace Industries inked a deal with Indonesia to supply three more training aircraft.KAI said...

CBIRC to up proportion of lending to private firms

China’s banking regulator pledged to increase the proportion of lending to private enterprise, which will...

Samsung Unveils Foldable Smartphone Screen

Samsung on Wednesday unveiled a latest foldable smartphone screen and other gadgets like machine-learning software.The...

Most Small Businesses Have Under W50 Million Seed Money

Seven out of 10 small business owners in Korea started their mom-and-pop stores with less...

Hyundai to Pump Billions into Southeast Asia's Grab Taxi App

Hyundai vice chairman Chung Eui-sun is investing an extra W284 billion into ride-hailing app Grab,...

Shanghai promotes industry map to attract foreign investors

The Shanghai municipal government has released an industry map to help match foreign investors with...

Insurance giant to remain hands off with HSBC

Chinese conglomerate Ping An Insurance said it has no plans to enter HSBC’s management, despite...

Banks should treat private firms and SOEs equally: PBOC

Commercial banks are being urged to adapt to the country’s strategic needs of economic restructuring...

Current Account Surplus Surpasses $10 Billion for 1st Time in a Year

Korea's current account surplus exceeded US$10 billion for the first time in a year in...

Hiring Grinds to Halt at Small Businesses

Small businesses have no hiring plans for the latter half of this year amid economic...

No, Johns Hopkins isn’t barring foreign scientists due to spies

Though politicians in Washington have grown increasingly suspicious of Chinese involvement in US academic research,...

PBOC eyes three financing channels to aid private firms

The People’s Bank of China announced it will help private companies ease their financing difficulties...

Alibaba’s food purchaser inks US$1.9 bn in import deals

Alibaba Group’s global fresh food purchaser Yunphant has signed two major deals worth US$1.9 billion...

Local governments issued US$37 bn in bonds in October

The pace of local government bond issuance slowed down in October, with a total of...

Exports of Korean Chicken Soup to China Soar

Exports to China of samgyetang or whole chicken cooked in ginseng soup soared a staggering...