Services Corporate

Korea’s household debt has recently been increasing in tandem with rising mortgages on the back of relaxed regulations on borrowings and recovery in…

HDC Shilla Duty Free, the joint venture of Hotel Shilla and Hyundai Department Co. (HDC), is in talks with Hermes and Chanel to host the luxury brands…

Bank of Korea (BOK) Governor Lee Ju-yeol rejected Thursday the government call for the central bank to print more money to recapitalize state-run…

The import structure of China, Korea's largest market, is rapidly changing to consumer goods, but Korean exports are still focusing on intermediary…

Major commercial lenders in Korea are tightening standards on new loans for large conglomerates over fears of rising bad loans amid the ongoing…

Korea’s top three shipbuilders — Hyundai Heavy Industries, Samsung Heavy Industries, and Daewoo Shipbuilding & Marine Engineering — recorded improved…