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Hyundai Motor wins bid for KEPCO land with $10 billion

Hyundai Motor Group becomes the new owner of Korea Electric Power Corp. (KEPCO) headquarter land by offering 10.55 trillion won (approximately 10.14 billion U.S. dollars). The KEPCO뭩 land has been regarded as the most coveted land available for development in Gangnam area of Seo...
Finance minister vows to launch hotline for business sector

iPhone 6 pre-orders hit record 4 million on first day
Apple said Monday (local time) that pre-orders of its new product iPhone 6 and iPhone 6 Plus topped a record 4 million in the first 24 hours. This means the two products...

Gov`t to crack down on cigarette cornering ahead of price hike
As there are signs of hoarding cigarettes ahead of the planned increase in cigarette prices, the government has decided to levy a fine of up to 50 million won (50,000...

Hyundai, Kia sold 84.8% of its vehicles overseas
A report says Hyundai-Kia cars sold overseas accounts for the third-largest portion among a company뭩 total production of global automakers. Among 100 units, Hyundai-Kia...

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Facebook뭩 market value tops $200 billion 2 years after IPO Sep. 10, 04:06
Gov`t to hike direct subsidies for rice farming Sep. 06, 08:48
Financial watchdog upgrades disciplinary actions against top KB officials Sep. 05, 04:00
Makgeolli contains plenty of anticancer agents squalene Sep. 04, 06:14
Korea ranks 8th in trade volume in 1st half Sep. 01, 06:04
Vegetable prices jump ahead of Chuseok Sep. 01, 05:54

Nat`l Assembly should scrutinize super-sized budget for economy boosting
The government has announced a 376 trillion won budget...
Genes of the super rich
Globally, there are some 2,325 billionaires. Since...
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