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Kakao cooperates with South Korean prosecutors and hands over requested data for investigation to prevent cyber defamation. (Photo by Chung Sung Jun / Getty Images)

Oct 29, 2015 PM EDT - Diana Tomale

Kakao Data Handover Ends Year-Long Privacy Dispute With The South Korean Government

Kakao has agreed to cooperate with the South Korean prosecutors by handing over data requested by the latter for investigation to prevent cyber defamation.


Oct 29, 2015 AM EDT - Ji Hyun Joo

South Korea Explores Economic Potential Of Salmon Farming

Salmon might be the new business in South Korea.

Oct 27, 2015 AM EDT - Simeon Luz

Chase Pay Vs. Apple Pay; JPMorgan Competes With Apple in Mobile Pay market.

JPMorgan Chase recently announced it will launch Chase Pay, challenging Apple Pay in the market of mobile apps for cash-less payments.

A KUH-1 Surion helicopter hovering above Pocheon, South Korea (Photo by Chung Sung Jun/Getty Images)

Oct 26, 2015 PM EDT - Czarelli Tuason

Korea Aerospace Industries Allegedly Earns Nearly $48 Million From Falsified Development Expenses

According to the Bureau of Audit and Inspection, two suspects allegedly released falsified development expenses for a fleet of helicopters for Seoul's military earning an unjust profit of at least $ 47.9 million.

Former Korea Development Bank Daejeon branch. (Photo by Lawinc82)

Oct 26, 2015 PM EDT - Diana Tomale

Korea Development Bank To Sell 43 Percent Stake In Daewoo In Package With KDB Asset Management

An official from Korea Development Bank reveals that they will sell KDB Daewoo Securities in package with KDB Asset Manangement. The state-run bank owns 43 percent and 100 percent of Daewoo and KDB Asset and Management respectively.

Apple News Update: Apple Removes More Than 250 Apps For Accessing User’s Information

Oct 26, 2015 PM EDT - Simeon Luz

New Apple TV Features Third-Party Apps, Siri, Touch Remote, & More

The fourth generation Apple TV is open for pre-orders today. The new device comes with new updates, special features, and two sizes.

Oct 26, 2015 PM EDT - Simeon Luz

FedEx Warns About Black Friday, Christmas Eve Holiday Shipping Peak

FedEx is preparing early for a record-breaking volume of shipping during the holiday season. FedEx announced on Monday that they expect an increase of shipping during the peak period of holiday shipping between Black Friday and Christmas Eve.

LG (Photo by David Ramos/Getty Images)

Oct 26, 2015 AM EDT - Therese Agcopra

LG’s Dual-Screen V10 Racks Up Disappointing Sales In South Korea

The LG V10 has failed to capture South Korean consumers as it dips to 15th place in terms of domestic smartphone sales.

(Author: Autoviva) Hyundai Motor reported its lowest quarterly income in over five years.

Oct 24, 2015 AM EDT - Diana Tomale

Hyundai Motor's Quarterly Earnings Down By Over 25 Percent With Q3 Net Income Of 1.2 Trillion Won

Hyundai Motor reported its lowest quarterly income in over five years. The South Korean carmaker recorded a net income of 1.2 triliion won in the third quarter of 2015.

(Author: Kaflan) Bank of Korea reveals that the number of

Oct 23, 2015 PM EDT - Diana Tomale

"Zombie Companies" Unable To Generate Sufficient Revenue To Pay Tax And Interest Dues Exceed 3,000 Over The Past Five Years

"Zombie companies" in South Korea continues to increase and exceeded 3,000 over the past five years, according to Bank of Korea.

Korea’s 1st PGA Tour

Oct 22, 2015 PM EDT - Diana Tomale

Korea's Largest Chemical Company LG Chem To Supply Lithium-Ion Batteries For Yamaha Motors' Golf Carts Until 2016

LG Chem will be the supplier of lithium-ion batteries for Yamaha Motors' golf carts until next year. Yamaha Motors is one the largest golf cart makers in the world.

Samsung Galaxy S6 (Photo by Spencer Platt / Getty Images News)

Oct 21, 2015 PM EDT - Czarelli Tuason

Analysts Predict A Low Profit For Samsung Electronics In The Third Quarter Of 2015

As sales for Samsung Electronics' smartphones continue to struggle, analysts forecasted low profits for the tech giant with a 6.4 percent decline.

Volkswagen sales in South Korea drop following emissions test cheating scandal. (Photo by Denis Doyle/Getty Images News)

Oct 20, 2015 PM EDT - Czarelli Tuason

Volkswagen’s September Sales In South Korea Is The Company's Weakest Following The Outbreak Of Diesel Emissions Scandal

A scandal broke out in September stating that Volkswagen has been installing emissions cheating software on their deisel vehicles since 2009, causing a nosedive on the company's Spetember sales.

Hyundai Heavy Industries Closed a Multi-billion Deal

Oct 20, 2015 PM EDT - Diana Tomale

Unionized Workers At Hyundai Heavy Industries Demand Salary Increase and Performance-Based Benefits

The unionized workers at Hyundai Heavy Industries (HHI) continue its call for salary increase. The members of the union are asking the management to sell-off its company-owned shares and real state to increase their salaries.

A Korean designer bag brand is gaining popularity overseas. (Photo by: Pascal Le Segretain / Getty Images Entertainment)

Oct 20, 2015 PM EDT - Diana Tomale

Korean Designer Bag Brand Kwani Gains Popularity Overseas Due To Positive Feedbacks From Customers

Korean designer bag brand Kwani is gaining popularity overseas in just a couple of years. Kwani CEO says they are receiving good feedbacks from customers because of their design, quality and reasonable price.

Editor's Pick

IU Donates 10 Million KRW To Alma Mater

IU talked about her controversial album 'Chat-shire' during her recent concert.

Feb 23, 2017 AM EST - Chiqui Guyjoco

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