BUSINESS

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Seoul stocks snap 3-day rise on tech slump

Seoul stocks snap 3-day rise on tech slump

SEOUL, Aug. 28 (Yonhap) -- Seoul stocks closed sharply down Friday to snap their...

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Global foundry market grows 29 pct in Q2 on strong AI chip demand: report

Global foundry market grows 29 pct in Q2 on strong AI c...

SEOUL, Aug. 28 (Yonhap) -- The global pure-play semiconductor foundry market gre...

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POSCO secures US$700 mln IDB credit facility for Argentina lithium project

POSCO secures US$700 mln IDB credit facility for Argent...

SEOUL, Aug. 28 (Yonhap) -- South Korean steelmaker POSCO Holdings Co. said Frida...

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SKT, KT, Kakao consortiums selected for free AI service for public

SKT, KT, Kakao consortiums selected for free AI service...

The government on Friday selected three consortiums, each led by SK Telecom, KT ...

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SK hynix to start US AI chip output in 2029, sees memory shortage through 2030

SK hynix to start US AI chip output in 2029, sees memor...

WEST LAFAYETTE, Indiana — Korean chipmaker SK hynix said on Thursday it plans to...

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Court allows cash-strapped JTBC to begin rehabilitation process

Court allows cash-strapped JTBC to begin rehabilitation...

The Seoul Bankruptcy Court on Friday approved troubled local broadcaster JTBC's ...

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GKL brings workplace counseling to casino employees

GKL brings workplace counseling to casino employees

Employees at Grand Korea Leisure (GKL), the operator of Korea’s Seven Luck forei...

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Nongshim brings Shin Ramyun to  world's biggest gaming expo

Nongshim brings Shin Ramyun to world's biggest gaming ...

Nongshim is betting that a bowl of spicy noodles can speak the language of gamer...

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KAIST unveils homegrown AI model for predicting protein structures, drug binding

KAIST unveils homegrown AI model for predicting protein...

Researchers at the Korea Advanced Institute of Science and Technology (KAIST) sa...

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Samsung helps flood-hit communities in Korea

Samsung helps flood-hit communities in Korea

Samsung will donate 3 billion won ($2.2 million) to help residents and communiti...

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NCT contributes to Seoul Fashion Week with costumes, runway music

NCT contributes to Seoul Fashion Week with costumes, ru...

K-pop boy band NCT is bringing both their costumes and music to Seoul Fashion We...

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Samsung Biologics rights offering highlights future growth, but stock price drops

Samsung Biologics rights offering highlights future gro...

Samsung Biologics will issue new shares worth 3 trillion won ($2.17 billion) to ...

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Korea Times to deliver KIS-powered investor insights

Korea Times to deliver KIS-powered investor insights

The Korea Times signed an agreement with Korea Investors Service (KIS), a credit...

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(2nd LD) Samsung Electronics expects up to 110 tln won for shareholder returns this year

(2nd LD) Samsung Electronics expects up to 110 tln won ...

SEOUL, Aug. 21 (Yonhap) -- Samsung Electronics Co. said Friday it expects funds ...

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S. Korea, Japan finance ministries discuss bilateral exchanges, latest economic developments

S. Korea, Japan finance ministries discuss bilateral ex...

SEOUL, Aug. 21 (Yonhap) -- South Korea and Japan held a vice finance ministerial...