stress

Private equity Glenwood Credit stresses role as reliable financial partner: CEO Lee

Many companies, big and small, sell or buy affiliated units to raise funds or narrow their focus during economic downturns, and to fund expansion or...

Corporate strategy Lotte leader Shin Dong-bin stresses pivot to AI-centered innovation

Shin Dong-bin, chairman of South Korea’s retail, food and chemicals conglomerate Lotte, on Friday urged affiliate executives to ramp up effort...

Electronics Samsung to unveil Galaxy Fit3 in global market

Samsung Electronics Co. announced on Thursday that it will release its new fitness band, the Galaxy Fit3. The device features an expansive 40mm di...

Regulations State intervention in HSCEI-tied ELS sale debacle could backfire: scholars

South Korea’s economics scholars oppose government-led countermeasures, including compensation packages, to handle mounting retail investor lo...

Steel POSCO Group chief: steel desperately needs corporate solidarity

South Korea’s POSCO Group on Tuesday said its Chairman Choi Jeong-woo presided over the regular meeting of the World Steel Association on Su...

Corporate strategy Lotte Group's Shin stresses unlearning as key to innovation

Disregarding existing ways and being open to new opportunities are challenging in South Korea’s large conglomerates, where a strict corporate ...

Tech, Media & Telecom LG Elec, SM to launch home fitness app in July

LG Electronics Inc. and SM Entertainment Co. will jointly launch next month a home fitness app nine months after the project was delayed in Septem...

Airlines Korean Air says it can conclude Asiana takeover via big concessions

The head of Korean Air Lines Co. has expressed confidence over the airliner's proposed acquisition of Asiana Airlines, saying, "We will make it happ...

Artificial intelligence South Korea’s Hyundai Elevator applies AI to boost customer convenience

"Miri is a leading example of digital transformation in the elevator sector that raises a notch service speed and customer convenience. Let’s ...

North Korea North Korea's first spy satellite launch imminent

North Korean leader Kim Jong-un instructed officials to make preparations to launch its first military reconnaissance satellite as planned, the Nort...

Corporate strategy Shared growth with startups essential for GS Group: Chairman Huh

GS Group, a South Korean energy-to-retail conglomerate, plans to aggressively invest in startups and venture companies with promising technology &nd...

Leadership & Management LG Group Chairman names AI, bio, clean tech as new growth engines

LG Group Chairman Koo Kwang-mo has pledged to continue investing in future-oriented businesses and human resources despite the global economic slowd...

Energy SK Enmove stresses pursuit of energy efficiency: CEO

"This year is the first year of SK Enmove's process of becoming an energy-efficiency company," said Park Sang-kyu, CEO of SK Enmove, a lubricant sub...

Steel Hyundai Steel co-hosts symposium on low-carbon construction materials

Hyundai Steel has joined hands with the construction industry to increase the recycling of steel byproducts.On Tuesday, the steel maker organized a ...

Banking & Finance KB Financial Group holds investment conference via metaverse

South Korea's KB Financial Group on Tuesday presented its investment philosophy to individual and institutional customers in the metaverse, a three-...

Leadership & Management Kyobo Life chief says data can overcome uncertain future

Shin Chang-jae, chairman and CEO of South Korea's Kyobo Life Insurance, has urged the overcoming of the economic crisis based on leadership of VUCA,...

Business & Politics Korean government to finance $625 million for K-content in 2023

South Korean President Yoon Suk-yeol emphasized on Thursday the importance of K-content, saying content will become the most important industry to s...

Economy Finance ministry stresses need to reduce maximum corporate tax rate

A total of 103 companies, a mere 0.01% of the total number of corporations in South Korea, are paying more than 40% of the country’s total cor...

Banking & Finance Korean American women leaders in finance stress finding joy in work

NEW YORK – One by one, impeccably dressed Korean American women flocked into the Anchorage Capital Group’s headquarters in New York City...

Korean chipmakers US chipmaking association chief stresses Chip 4 Alliance not about China

John Neuffer, president and CEO of the United States Semiconductor Industry Association (SIA), visited South Korea earlier this week on the primary ...

Korean startups Startup CEOs suffer depression, anxiety: survey

About one-third of South Korean startups' chief executives are more prone to stress and depression than general adults, with funding constraints and...

Business & Politics Yoon, Biden highlight 'economic security alliance' following Samsung tour

South Korean President Yoon Suk-yeol and visiting US President Joe Biden emphasized the two countries' iron-clad commitment to economic security all...

Central bank BOK governor nominee stokes slower rate hike expectations

South Korea’s nominee for its new central bank governor stoked expectations that the Bank of Korea may raise interest rates less than predicte...

CES 2022 Convergence, metaverse, green: Korea Inc.’s themes at CES 2022

South Korea’s major companies are showcasing robots, mobility and the metaverse rather than cutting-edge models of their conventional products...

ASEAN Korea needs to expand investment in ASEAN, import good products more

The Association of Southeast Asian Nations (ASEAN) is South Korea’s largest source of trade surplus. The Northeast Asian country generated $34...

Korean startups AI startup DevUnlimit gamifies home fitness to offer stress-free exercise

South Korea-based fitness content startup DevUnlimit Inc. has developed an artificial intelligence-based fitness platform that gamifies exercise rou...

Carbon neutrality Hyundai Motor chairman vows to go carbon neutral, stresses electrification

Chung Euisun, chairman of Hyundai Motor Group, has vowed to go carbon neutral in the group's processes, from automaking to vehicle disposal, in a mo...