Aju Business Daily

Central bank freezes policy rate at 1.5 pct for May: Yonhap

[Bank of Korea] SEOUL -- South Korea's central bank on Thursday held its key rate steady for May amid signs…

2018-05-24 11:06:33

Chinese securities firm off to business in S. Korea after year-long delay

[China Merchants Securities] SEOUL -- China Merchants Securities, a major Chinese securities firm, has officiall…

2018-05-24 10:44:26

Financial supervision aims to develop competitive commercial sector: regulator: Yonhap

[Photo by Yoo Dae-gil=dbeorlf123@ajunews.com] SEOUL -- The end goal of the state's financial supervision is t…

2018-05-18 14:43:49

S. Korea's sovereign fund considers canceling contract with U.S. fund Elliott

[Iclickart] SEOUL -- The head of South Korea's sovereign wealth fund said Thursday he would consider cancelin…

2018-05-17 16:50:01

Stainless steel bars from Taiwan and Italy face dumping probe

[Yonhap Photo] SEOUL -- Stainless steel bar products from Taiwan and Italy will face a dumping probe on complaint…

2018-05-17 16:27:16

[INTERVIEW] Biotech startup PaxGenBio envisions global player with innovative technology

PaxGenBio head Park Young-Suk holds up a test kit. [Aju News DB] SUWON -- Established in 2015 as one of South Kor…

2018-05-17 16:01:30

S. Korea promises to disclose forex market intervention gradually

[Yonhap News Photo] SEOUL -- Bowing to U.S. pressure to introduce a transparent foreign exchange policy, South Ko…

2018-05-17 09:06:23

​S. Korean web portal giant Naver invests in AI advertising startup

[Adriel] SEOUL -- Naver, South Korea's largest web portal service, invested in Adriel, an artificial intellig…

2018-05-16 17:12:00

SK Telecom pursues smartphone leasing business with Australia's Macquarie

[Yonhap Photo] SEOUL -- South Korea's top mobile carrier SK Telecom has reportedly joined hands with Australi…

2018-05-16 15:15:11

S. Korea's Lotte retail group strengthens online e-commerce business

[Courtesy of Lotte] SEOUL -- South Korea's top retail group Lotte unveiled a new strategy to bolster its e-…

2018-05-15 16:48:10

S. Korean builder GS allowed to resume delayed development project in Vietnam

[GS Engineering & Construction] SEOUL -- Shares of GS Engineering and Construction were on the rise on Monday on …

2018-05-14 11:37:15

Lotte decides to sell one regional hypermarket operation in China to local retailer

[Courtesy of Lotte Mart] SEOUL -- The hypermarket chain of South Korea's Lotte Group has decided to sell one …

2018-05-11 13:40:19

U.S. fund Elliott seeks over $670 mln in compensation

[Yonhap Photo] SEOUL -- U.S. activist hedge fund Elliott Management seeks more than 670 million US dollars in com…

2018-05-11 10:28:17

Scandal-stricken Hanjin Group chairman resigns as Jin Air CEO

[Aju News DB] SEOUL -- Cho Yang-ho, the head of South Korea's Hanjin Group, resigned as CEO of Jin Air, a low…

2018-05-10 18:45:12

Deutsche Asset buys Kumho Asiana building in Seoul

[Courtesy of Kumho Asiana] SEOUL -- Deutsche Asset Management, an international investment management group, has …

2018-05-09 17:16:10

U.S. exit from Iran deal feared to affect oil imports: Yonhap

[AP / Yonhap] SEOUL -- The United States' decision to reinstate sanctions on Iran could constrain South Korea…

2018-05-09 16:50:25

​Amore Pacific posts poor Q1 performance

[Amore Pacific] SEOUL -- South Korea's top beauty and cosmetics conglomerate, AmorePacific, reported a poor p…

2018-05-09 16:43:40

Shares of low-cost carrier Jin Air down over possible business cancellation

[Courtesy of Jin Air] SEOUL -- Shares of Jin Air, a low-cost airline run by South Korea's Hanjin group, fell …

2018-05-09 11:28:05

Hyundai Heavy's holding company forges partnership with German robot producer

[Hyundai Robotics] SEOUL -- The holding company of South Korea's Hyundai shipbuilding group has forged a stra…

2018-05-08 15:24:27

Budget carrier Jeju Air posts record-high Q1 net profit

[Courtesy of Jeju Air] SEOUL -- South Korea's top budget carrier, Jeju Air, posted a 117 percent increase i…

2018-05-08 11:33:06