Princess Anne visits HD Hyundai to bolster maritime ties

Princess Anne visited HD Hyundai Heavy Industries’ shipyard in Ulsan on Tuesday as the UK looks to strengthen its shipbuilding and maritime industries, the company said. The Princess Royal was…

Coupang secures injunction in FTC ownership dispute

A Seoul appeals court on Tuesday suspended the Fair Trade Commission’s decision to designate Coupang founder Bom Kim as the e-commerce giant’s controlling figure, or “same person,” putting the accompanying…

Creditors OK debt workout scheme for JoongAng Ilbo

JoongAng Ilbo Co., a major South Korean newspaper publisher, has won approval for a creditor-led debt workout program, industry sources said Friday. Main creditor Hana Bank and other lenders reached…

Creditors OK debt workout scheme for JoongAng Ilbo

JoongAng Ilbo headquarters (JoongAng Daily) JoongAng Ilbo Co., a major South Korean newspaper publisher, has won approval for a creditor-led debt workout program, industry sources said Friday. Main creditor Hana…

How Korea’s digital nomad visa works

Snowfall at Jeonju Hanok village in North Jeolla Province (Getty Images Bank) South Korea’s introduction of a digital nomad visa has strengthened its appeal to remote workers who want to…

FSC chief vows swift plan to ease network separation rules

Financial Services Commission Chairman Lee Eok-won speaks during an Information Security Day event held in Seoul on Friday. (Yonhap) Financial Services Commission Chairman Lee Eok-won said Friday that authorities will…

Seoul shares end 2.52% higher on chip rally; Korean won up

An electronic board showing the Korea Composite Stock Price Index at a dealing room of the Hana Bank headquarters in Seoul on Friday. (Yonhap) South Korean stocks closed higher Friday,…

Rookie Korean novelists land major translation deals abroad

From left, “The Tarot Reading Cafe,” “My Perfect Deserted Island” and “Sweet Dreams Gift Shop” (Changbi Publishers) An emerging generation of Korean novelists is breaking into the international publishing market,…

Kakao Bank CEO joins Lee delegation as Mongolia plans advance

Kakao Bank CEO Yun Ho-young speaks at the Korea-Mongolia Business Forum held in Ulaanbaatar, Mongolia, Thursday. (Kakao Bank) Kakao Bank CEO Yun Ho-young visited Mongolia this week as part of…

E-mart opens 1st No Brand-dedicated store in Mongolia

Korean retail giant eyes establishing network of 15 No Brand stores in Mongolia by 2028 A rendering of E-mart’s first No Brand-dedicated store in Mongolia (E-mart) E-mart said Friday it…