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Source: Reuters

Seoul :: South Korea | updated 2014-07-28 05:32:32 -0700 | business-news

33am EDT Cars made by GM Korea are seen in a yard of GM Korea's Bupyeong plant before they are transported to a port for export, in Incheon, west of Seoul August 9, 2013. General Motors' South Korean unit reached...
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Source: Sydney Morning Herald

Seoul :: South Korea | updated 2014-07-27 05:52:03 -0700 | business-news

It was a miracle that the ship actually sailed as far as it did; it could have tipped over any time," said Kim Woo-sook, dean of the graduate school at Mokpo National Maritime University. "For them, cargo was cash."...Photo: AFP...
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Source: Washington Post

Seoul :: South Korea | updated 2014-07-25 03:53:52 -0700 | business-news

District-based deal purveyor LivingSocial narrowed its losses in the second quarter of the year, regulatory filings show, after enduring financial struggles that included steep losses, business closures and layoffs. The company posted a net loss of $11 million for April,...
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Source: The Boston Globe

Seoul :: South Korea | updated 2014-07-24 22:48:48 -0700 | business-news

O The revival of Tokyo's IPO market, or a bubble in the making? When news broke that Line, Japan's mega messaging app, was finally preparing to list its shares in Tokyo after months of speculation, investors had good reason to...
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Breaking News: South Korea ferry businessman`s cause of death impossible to decide: Agency
 
Source: Zee News

Seoul :: South Korea | updated 2014-07-25 04:12:06 -0700 | business-news

South Korea's forensic agency said on Friday it was impossible to determine the cause of death of a businessman linked to a ferry that capsized and killed more than 300 people in April...Yoo, the target of the country's largest manhunt,...
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Source: GMA News

Seoul :: South Korea | updated 2014-07-24 21:47:26 -0700 | business-news

South Korea's Kia Motors said Friday its second-quarter profit fell 13.3 percent year on year, as a pick-up in sales was offset by a stronger won that hurt exports.   Net profit for April-June at the country's second largest auto...
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Source: India Abroad

Seoul :: South Korea | updated 2014-07-24 20:26:08 -0700 | business-news

T he Adani Group allegedly siphoned off loans taken from public sector banks while importing equipment from South Korea and China, the directorate of revenue intelligence informed the Central Bureau of Investigation. CBI is currently probing the misuse of loans...
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Source: The Economic Times

Seoul :: South Korea | updated 2014-07-24 03:09:20 -0700 | business-news

General Motors Co's South Korean subsidiary on Thursday said it has told its employee union that the US carmaker could consider making the next-generation Chevrolet Cruze in South Korea if the union calls off a wage-related strike. The announcement follows...
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Source: Turks and Caicos Free Press

Seoul :: South Korea | updated 2014-07-24 02:09:05 -0700 | business-news

KS> aims to raise about 2 trillion won ($1.95 billion) by the end of 2015 through restructuring efforts, the steelmaker said after reporting quarterly earnings on Thursday.
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Breaking News: LG Electronics says 2Q profit more than doubled as mobile division ends streak of losses
 
Source: Star Tribune

Seoul :: South Korea | updated 2014-07-24 08:24:54 -0700 | business-news

South Korea LG Electronics Inc. says its quarterly profit more than doubled as its mobile division ended three quarters of losses. The South Korean consumer electronics company said Thursday its net income for the April-June quarter was 411.8 billion won...
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Breaking News: Hyundai Motor second-quarter profit slips as firmer won, U.S. discounts hurt
 
Source: Turks and Caicos Free Press

Seoul :: South Korea | updated 2014-07-24 10:50:36 -0700 | business-news

South Korea's Hyundai Motor said its net profit fell by the most in five quarters, as the local currency's sharp gain and higher U.S. discounts to entice customers overshadowed solid April-June vehicle sales in China and at home. Hyundai Motor,...
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Source: The Hindu

Seoul :: South Korea | updated 2014-07-23 23:44:04 -0700 | business-news

The Human Development Index is a composite index that measures income, education (average years of education completed by adults, and expected years of education for children entering school) and health (life expectancy)...With an HDI value of 0.586 out of a...
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Breaking News: South Korea's growth slows on weak consumption
 
Source: Associated Press

Seoul :: South Korea | updated 2014-07-24 01:45:02 -0700 | business-news

South Korea's economic growth has hit its lowest level in three quarters. The Bank of Korea said Thursday that growth in Asia's fourth-largest economy slowed to 3.6 percent during the April-June period over a year earlier, after expanding 3.9 percent...
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Breaking News: LG Display Q2 profit down 55.4 % than year earlier
 
Source: The Economic Times

Seoul :: South Korea | updated 2014-07-23 00:59:05 -0700 | business-news

South Korea's LG Display Co Ltd said on Wednesday operating profit fell by an annual 55.4 percent in the second quarter, slightly weaker than analyst estimates, as a stronger won and subdued demand for personal computers and tablets weighed. The...
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Source: Turks and Caicos Free Press

Seoul :: South Korea | updated 2014-07-21 04:13:15 -0700 | business-news

Production has been indefinitely halted at a Chinese supplier to Samsung Electronics Co Ltd after the factory was suspected of using child workers. Samsung, the world's biggest smartphone maker, said last week it had stopped doing business with the Dongguan...
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