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News
Korean Air to begin booking migration ahead of Asiana integration
8+ hour, 8+ min ago (136+ words) SEOUL, Sept. 14 (Yonhap) -- Korean Air Co. said Monday it will begin migrating Asiana Airlines bookings and flight numbers to its system in November ahead of the carriers' full integration in December. Korean Air will carry out the migration in phases…...
LG opens Middle East's first B2B AI home experience space in Saudi Arabia
8+ hour, 6+ min ago (175+ words) SEOUL, Sept. 14 (Yonhap) -- LG Electronics Inc., a major South Korean home appliance maker, said Monday it has opened the Middle East's first business-to-business (B2B) artificial intelligence (AI) home experience space in Saudi Arabia. The company recently established the B2B-focused AI home…...
Nominee for KB Financial Group's next chief
14+ hour, 15+ min ago (74+ words) Yonhap News Agency Lee Jae-keun, head of the group's global business division at KB Financial Group Inc., meets the press at the headquarters of the banking group in Seoul on Sept. 14, 2026, after the financial holding firm's nomination committee picked him…...
Samsung Heavy secures 1.6 tln-won deal for 4 LNG carriers, 2 oil tankers
11+ hour, 10+ min ago (130+ words) SEOUL, Sept. 14 (Yonhap) -- Samsung Heavy Industries Co. said Monday it has clinched a 1.6... SEOUL, Sept. 14 (Yonhap) -- Samsung Heavy Industries Co. said Monday it has clinched a 1.65 trillion-won (US$1.22 billion) contract to build four large liquefied natural gas (LNG) carriers and…...
Foreign investors turn net sellers of S. Korean bonds in Aug.
1+ day, 11+ hour ago (242+ words) SEOUL, Sept. 13 (Yonhap) -- Foreign investors turned net sellers of South Korean bonds in August for the first time in about 3 1/2 years, industry data showed Sunday, as the yield advantage from currency-hedged investments declined. Foreign investors sold a net 839.7 billion won…...
Kia's PV5 sales surpass 50,000 units in 13 months
1+ day, 12+ hour ago (190+ words) SEOUL, Sept. 13 (Yonhap) -- Kia Corp. said Sunday that cumulative global sales of the PV5, its first dedicated purpose-built vehicle (PBV), have surpassed 50,000 units just 13 months after its launch. A total of 53,530 PV5 units had been sold worldwide as of the end of…...
SK chairman calls for sustainable AI biz model amid investment boom
1+ day, 12+ hour ago (319+ words) ULSAN, Sept. 13 (Yonhap) -- SK Group Chairman Chey Tae-won has called for efforts to develop a sustainable business model for artificial intelligence (AI), saying massive investment in the technology must ultimately generate returns to sustain investment and growth. Chey made the…...
KB Financial selects seasoned financier as candidate for next chief
3+ day, 3+ hour ago (128+ words) SEOUL, Sept. 11 (Yonhap) -- KB Financial Group Inc., a major South Korean banking group, s... SEOUL, Sept. 11 (Yonhap) -- KB Financial Group Inc., a major South Korean banking group, said Friday it has selected a veteran financier as the candidate for the group's…...
Exports up 83 pct in first 10 days of Sept.
3+ day, 13+ hour ago (79+ words) Yonhap News Agency SEOUL, Sept. 11 (Yonhap) -- South Korea's exports surged 83 percent from a year earlier over the first 10 days of September, customs data showed Friday. Outbound shipments reached US$35 billion in the Sept. 1-10 period, according to the data from the…...
S. Korea's economic recovery remains solid, led by exports: finance ministry
3+ day, 12+ hour ago (313+ words) SEOUL, Sept. 11 (Yonhap) -- South Korea's economy continues to show solid signs of recovery, supported by robust exports and improving domestic consumption, the finance ministry said Friday. The Ministry of Finance and Economy offered the assessment in its monthly economic report,…...