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Korea Joongang Daily

2010.7.30 (Wed)

Seoul 23.9℃

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Lonestar gets green light to sell KEB: Financial Services Commission Chairman Kim Seok-dong, left, presides over a meeting held yesterday at the financial regulator’s headquarters in Yeouido, Seoul. The FSC approved Hana Financial Group’s takeover of the Korea Exchange Bank after months of delay. [YONHAP]The financial regulator gave th

KCC chief resigns due to aide’s problems
The top communications regulator in Korea and a close aide to President Lee Myung-bak resigned yesterday amid mounting allegations…
Second German strike for Samsung
Samsung Electronics, the world’s largest smartphone maker in 2011, was dealt another setback in its legal battle with Apple…
GNP’s new constitution takes aim at chaebol
The ruling Grand National Party has drafted a new party constitution highlighting the social responsibility of large companies…
Teenage bullying not confined to school grounds
Teenage bullying has gone beyond school walls. Seoul police said that it is investigating six middle school students who are suspected…
Investigator in hot water after text to president
An incumbent police official sent a text message that criticized the president’s performance regarding new jurisdiction for…
A proactive approach to battle bullies
Hapkido students undergo training at the hapkido studio in Wolgye-dong, northern Seoul. Provided by the studio“Yah! Yah! Yah!”…
Another chaebol pulls out from cafe business
Large conglomerates are yielding to government pressure and are pulling out of cafes, bakeries and other industries after being…
Samsung achieves record sales in Q4
Samsung Electronics, the world’s No. 1 maker of flatscreen TVs and computer memory chips, logged record sales and operating…
Gov’t braces for slowing export trade
Korea’s exports will likely grow at a much slower pace in 2012 than last year as the euro zone debt problems and the global economic…
Kia Motors posts record profit in 2011 on brisk overseas sales
Kia Motors said yesterday that it posted a record profit in 2011 thanks mainly to brisk sales in overseas markets. Net profit reached…
Hyundai Mobis sees earnings rise in 2011 on auto parts sales
LG Display, world’s second-largest maker of liquid crystal display panels, said yesterday that it logged a smaller net loss in…
LG Display reports smaller net loss from a year earlier
LG Display, world’s second-largest maker of liquid crystal display panels, said yesterday that it logged a smaller net loss in…

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