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Antitrust watchdog dwells on SK Telecom’s takeover deal
Korea's antitrust watchdog has been deliberating top mobile carrier SK Telecom's takeover of the country's No. 1 cable TV operator for more than four months, fueling speculation it may grant conditional approval to the controversial deal, watchers said Wednesday. In ... Read More
Korean Air Provides Relief Goods to Victims of Earthquakes in Japan
Korean Air will provide emergency relief goods to those affected by recent earthquakes in Japan's Kumamoto Prefecture. South Korea's largest airline said Wednesday that its A330 airliner carrying 24-thousand bottles of water left on Flight KE787 headed to Fukuoka in ... Read More
8.7% of Top 500 S. Korean Firms Indebted Zombies
At least eight-point-seven percent of Korea’s top 500 firms have been found to be making less than their interest payment amounts for over three years. After analyzing yearly balance sheets and business reports of 380 of the top 500 firms, ... Read More
Iranian Envoy to Seoul Vows Support for S. Korean Firms
The Association of High Potential Enterprises of Korea(AHPEK) has invited Tehran's ambassador to Seoul Hassan Taherian to a forum to discuss business strategies with Iran. At the gathering, Ambassador Taherian told the association of over 500 South Korean firms that ... Read More
Hankook Tire fined in China for resale price-related violation
Hankook Tire, Korea's largest tiremaker, has been fined in China for breaching anti-monopoly regulations there, industry sources said Tuesday. According to the sources, Hankook Tire's affiliate in Shanghai was slapped with a fine of 2.17 million yuan ($334,000), which is ... Read More![[Market Now] Hyundai Heavy seen in back in profit in Q1](https://itpc-busan.kr/wp-content/uploads/2016/04/20160419000809_0-268x175.jpg "[Market Now] Hyundai Heavy seen in back in profit in Q1")
[Market Now] Hyundai Heavy seen in back in profit in Q1
Hyundai Heavy Industries is likely to report a return to profit in the first quarter of this year, as earnings from oil refinery business offset losses in offshore and plant construction segments, stock analysts said Tuesday. In a report Tuesday, ... Read More
Weak Exports Decrease Nation’s Dependence on Trade
South Korea’s dependence on trade significantly decreased last year due to a slowdown in exports. According to the Bank of Korea on Sunday, the ratio of the country’s foreign trade to gross national income (GNI) reached 88-point-one percent last year, ... Read More