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Wed, October 17, 2018 | 00:34

To dump or keep: Morgan Stanley in dilemma over Nolboo

Morgan Stanley Private Equity has failed to increase the corporate value of Nolboo as the restaurant franchise is valued lower than what the U.S. private equity fund paid for it seven years ago, according to industry analysts Tuesday.

Light industries | 2018-10-16 16:41

Naver, Kakao fail to rebound in 2nd half

Securities companies are cutting their target prices for Naver and Kakao as the two IT firms have continued to fail to turn around in the latter half of the year. Their profitability has worsened as they spend more to make inroads into new businesses while online ads and other existing cash cows have begun losing steam, according to securities analysts.

IT | 2018-10-16 17:06

Samsung launches brands for automotive semiconductors

Samsung Electronics launched new automotive semiconductors Tuesday, seen by analysts as the first step to nurture auto chips as its next growth engine.

IT | 2018-10-16 19:21

Competition heats up in home interior market

Competition has been heating up in the rapidly-growing home interior and remodeling market among furniture makers and retailers as people are willing to spend more to upgrade their living spaces, according to industry analysts Tuesday.

Light industries | 2018-10-16 08:22

KT upgrades IPTV services for children

KT released upgraded services for children on its internet protocol television (IPTV) Olleh TV, Tuesday, in a bid to attract more users and widen its lead over competitors in the domestic IPTV market.

IT | 2018-10-16 17:08

For greener Seoul

Starbucks Coffee Korea CEO Lee Seock-koo, fourth from right, poses with Vice Minister of Environment Park Chun-kyoo, fifth from right, in front of a Starbucks store in downtown Seoul, Tuesday, during an event to celebrate the installation of recycling bins for disposable cups. The coffeehouse chain will donate 100 million won ($88,628) to the government for the installation o...

Photo News | 2018-10-16 16:35

'MAN Truck Korea concealing defects'

Truckers are accusing MAN Truck & Bus Korea (MTBK), which recently claimed its trucks have no safety issues and their engines never get rusty, of “lying” to conceal their defective engines.

Automotive | 2018-10-15 16:48

Schindler files lawsuit against Korea for $300 million

Schindler Group has filed a lawsuit against the government asking for $300 million in compensation for the loss it suffered due to Hyundai Elevator's rights offerings between 2013 and 2015, according to the Ministry of Justice and the Swiss firm, Monday.

Heavy industries | 2018-10-15 16:38

Philips launches new premium electric shaver

Dutch electronics firm Philips rolled out its new S9000 Prestige premium electric shaver in Korea for the first time in the world, Monday.

IT | 2018-10-15 17:44

Korea to treat game addiction as mental disorder

The Ministry of Health and Welfare has made it clear that it will accept the stance of the World Health Organization (WHO) that game addition is a mental disorder, drawing a backlash from game developers and publishers here.

Game | 2018-10-15 18:41

SK Telecom makes first 5G call

SK Telecom has successfully transmitted and received data using fifth-generation (5G) equipment, the company said Monday, claiming it is the first mobile carrier in the world to do so.

IT | 2018-10-15 17:44

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