Markets

LG Electronics To Build $250 Million Washing Machine Factory In The US

LG Electronics Inc. said that it will build a new factory in Tennessee in its latest efforts to grow its market share in the US.

March 1, 2017 at 9:24 am

Pokemon Go Fans Have Three More Updates To Look Forward To In 2017

Niantic is expected to come out with Pokemon trading, PvP battles, and a new gym system. However, the company has not released any details about the upcoming updates.

March 1, 2017 at 9:13 am

AMD Ryzen 7 1800X To Perform Much Better Than Intel's i7 And Costs Less

AMD Ryzen 7 1800X will be available on March 2.

March 1, 2017 at 4:01 am

China's Media Calls For Boycott Of Lotte And Other Korean Products Over THAAD

China's calls for a boycott after Lotte agreed to a THAAD-related land deal with the South Korean government. A boycott could greatly affect Korean companies.

March 1, 2017 at 4:02 am

Samsung Head Lee Jae-yong Indicted; What Does It Mean For Samsung?

The 48-year-old has been charged with bribery, embezzlement, and perjury. Lee's indictment comes at a crucial time for Samsung as the company tries to recover from the Galaxy Note 7 scandal.

February 28, 2017 at 7:37 am

Lotte Approves Land Swap With Government For Missile Defense System

Lotte has agreed to have a land swap with the South Korean government.

February 28, 2017 at 7:33 am

AMD Vega Release Date Confirmed For Q2 2017; Company Scared Of Intel?

The AMD Vega release date is expected to be this second quarter.

February 28, 2017 at 5:38 am

Samsung Gambles On The Tab S3 And The Galaxy Book; Will It Pay Off?

The South Korean giant hopes to lure in consumers with the Galaxy Tab S3 and the Galaxy Book. Both devices have been designed with high-end materials and specs.

February 28, 2017 at 1:43 am

24 Companies Have Availed Of Fast-Track Corporate Restructuring

A total of 24 companies has availed of the government's program for voluntary corporate restructuring through fast-track legal and administrative means, according to the trade ministry.

February 27, 2017 at 5:53 am

Shake Shack Korea Tops Global Sales

Shake Shack Korea's two restaurants are top sales performers, averaging anywhere from 2,500 to 3,500 burgers daily. A third restaurant is expected to open in April.

February 27, 2017 at 3:56 am

South Korea's Retailers Post 8.3 Percent Sales Growth In January

Robust sales by convenience stores and large chain supermarkets helped sales of major South Korean retailers in January from the previous year, according to the Ministry of Trade, Industry, and Energy.

February 26, 2017 at 9:18 pm

Daily FX Turnover Of South Korea's Banks Down In 2016

The daily foreign exchange turnover by both foreign and local banks in the country fell 0.1 percent last year from 2015, the Bank of Korea said.

February 25, 2017 at 1:22 am

Hyundai, Kia To Unveil Eco-Friendly Cars At Geneva Motor Show In March

South Korean carmakers Hyundai Motor Co. and its affiliate Kia Motors Corp. will be among those who will showcase their new line of eco-friendly cars in March at the Geneva International Motor Show, as they try to expand their presence in the European auto market.

February 24, 2017 at 7:26 am

LG Display Keeps Lead In Global LCD TV Shipments In January

LG Display Co. maintained its top spot last month in global shipments of liquid crystal displays for TVs, according to industry tracker WitsView.

February 23, 2017 at 6:36 am

Bank Of Korea Keeps Key Rates Steady At 1.25 Percent For 8th Straight Month

The central bank's Monetary Policy Board kept its key rate unchanged for an eighth consecutive month in February, as it tries to support growth as the economy faces a string of uncertainties ranging from rising household debt to additional US Fed rate hikes.

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