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Sat, June 3, 2023 | 06:29
SKT to focus on 'IoE,' big data
SK Telecom said Thursday that it will make additional efforts to take the lead in the industry’s shift toward the so-called Internet of Everything (IoE) and big data business.
Lexus to focus on hybrid models
Toyota Motor Korea CEO Akihisa Yoshida on Wednesday pledged to make the Japanese automaker’s Lexus the “most respected brand” in Korea with a full range of hybrid models.
Infiniti to challenge German cars
Nissan’s luxury brand Infiniti recently launched the Q50 luxury compact sedan in Korea to expand its presence in the German brand-dominated local luxury market.
Hyundai launches new Sonata
Hyundai Motor Group launched the fully remodeled Sonata sedan, Monday, with the aim of taking the lead in the global family sedan market.
Double standards on fuel efficiency
Fuel efficiency has always been one of the major factors that drivers consider when buying a new vehicle amid high oil prices.
Chinese banks under inspection
Foreign banks operating here have expressed concerns over financial regulators’ moves to look into foreign currency deposits at Seoul branches of Chinese lenders. They pointed out that such a move goes against President Park Geun-hye’s drive to ease regulations to attract foreign investment. On Thursday, Park held a seven-hour meeting with 160 businessmen, officials and regul...
Nuclear body aid unprivileged
Korea Hydro & Nuclear Power (KHNP) is taking a lead in social contributions by engaging in various activities to help the underprivileged.
Lax control causes worst loan scandal
It was first thought that the worst-ever loan fraud involving 17 banks was a result of the personal misconduct of an employee at KT ENS, an affiliate of KT, and his accomplices.
China risks weighing on economy
Fears over a Chinese economic slowdown are continuing to grow and are perceived as a major threat to the Korean economy, which is heavily dependent on trade with the neighboring nation.
Spam text messages to be blocked
Financial regulators will soon set up a system to block spam text messages sent by scammers impersonating financial firms or government organizations.
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