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Korea to sell $11.31 bil. worth of government bonds in March

Korea plans to sell 15 trillion won ($11.31 billion) in state bonds next month, the finance ministry said Thursday.

Seoul , Soult-ukpyolsi , South-korea , Courtesy-of-ministry-economy , Ministry-of-economy , Vice-minister , Finance-kim-yoon-sang , Jongno-district , Maturity , Ministry , Country

Yoon allocates $2.47 bil. to revive Korea's nuclear renaissance

President Yoon Suk Yeol pledged, Thursday, to revive the country's once-thriving nuclear power industry by pledging 3.3 trillion won ($2.47 billion) in projects and extending 1 trillion won in financing.

Changwon , Kyongsang-namdo , South-korea , Yoon-suk-yeol , Ahn-duk-geun , Shin-hanul , Samsung-electronics , President-yoon-suk-yeol , South-gyeongsang-provincial-government , South-gyeongsang-province , Energy-minister-ahn-duk-geun , Companies

Korea to execute record budget in H1 to boost consumption

The government decided Thursday to execute 398 trillion won ($300.06 billion) of budget in the first half of 2024 to prop up weak domestic demand, the finance ministry said.

Seoul , Soult-ukpyolsi , South-korea , Ministry-of-economy , Economy , Recovery , Investment , Ministry , People , Weak , Won

KG Mobility achieves major turnaround after 7 years

KG Mobility has achieved a major turnaround in 2023 with a surprising triple-digit operating profit for the first time since 2016, buoyed by robust sales of its diverse SUV lineups - such as Torres and Rexton - the company said Wednesday.

Ssangyong-motor , Company , Torres , Product , Won , Lineups , Profit , Automaker , Sales , Improved , Vehicle

Asiana workers face job insecurity, zero bonuses amid record sales

Upon receiving a conditional approval from the European Union (EU) over the merger between Korean Air and Asiana Airlines, the sale of Asiana Airlines' cargo business has officiall...

Seoul , Soult-ukpyolsi , South-korea , Korea , European-union , Asiana-airlines , Korea-development-bank , Korean-air , Asiana-airline , Us-department-of-justice , Government-complex-seoul

BTS' Jungkook wins People's Choice Award

BTS' Jungkook has won in the 'Male Artist' category of the People's Choice Awards, according to the organizer Monday, becoming the first Asian artist to do so.

Group-duo , Choice-awards , Stray-kids , Artist , Jungkook , Bts , Military , Won , Voting , Orea , Outh-korea

More young people leave once-sought-after jobs at financial institutions

Young finance sector workers in their 20s and 30s are quitting their traditionally-coveted jobs at the Bank of Korea (BOK), the Korea Development Bank (KDB) and the Financial Supervisory Service (FSS) at an increasing pace, according to industry officials, Friday.

Busan , Pusan-gwangyoksi , South-korea , Seoul , Soult-ukpyolsi , Korea , Hana-bank , Kakao-bank , Financial-services-commission , Young , Financial-supervisory-service

Samsung chief visits biotech drug arm

Samsung Electronics Chairman Lee Jae-yong on Friday visited Samsung Biologics, a biotech drug unit of Samsung Group, marking his first local schedule since he was acquitted in connection with the controversial 2015 merger of two affiliates.

Seoul , Soult-ukpyolsi , South-korea , Cheil , Kangwon-do , Songdo-incheon , Lee-jae-yong , Samsung-biologics , Samsung-electronics , Courtesy-of-samsung-electronics , Cheil-industries-inc , Samsung-group

BGF Retail employees angered by reduced bonuses, increased dividends to owner family

Employees of BGF Retail, an operator of the country's major convenience franchise CU, have begun mobilizing a protest against the company.

Seoul , Soult-ukpyolsi , South-korea , Hong-suk-jo , Lg-energy-solution , Chairman-hong-suk-jo , Percent , Sales , Employees , Protest , Company

Kakao to drive growth with AI-powered chat app in 2024

'We are experimenting with the integration of KakaoTalk and AI so that all people can experience AI in their daily lives,” Kakao CEO Hong Eun-taek told investors during a 2023 fourth-quarter conference call. “Last December, we launched features such as summarizing unread messages and changing the tone of messages in chat rooms based on a lightweight language model developed by Kakao Brain, and 1.5 million people experienced it in just a month.”

Seongnam , Kyonggi-do , South-korea , Gyeonggi , China , Chinese , Hong-eun-taek , Baek-byung-yeul , Hong-eun-taek-newsis , Choi-joo-yeon , Gyeonggi-province