South Korea to give $10 bn to India for infrastructure development

Last Updated: Monday, May 18, 2015, 11:09

South Korea Monday decided to provide USD 10 billion to India for infrastructure, development of smart cities, railways, power generation and other diversified areas as the two countries agreed to upgrade their bilateral relationship to a "Special Strategic Partnership".

Modi to meet tycoons of Hyundai, Samsung, LG in South Korea

Last Updated: Monday, May 18, 2015, 10:36

All three manufacturing giants operate plants in India where they enjoy sizeable shares of the vast consumer market for cars, smartphones and home appliances.

South Korea's Samsung Group heir apparent takes key leadership roles

Last Updated: Friday, May 15, 2015, 05:53

Samsung Group heir apparent Jay Y Lee will take over from his father Lee Kun-hee as head of two key foundations, the conglomerate said on Friday, suggesting that a transfer of leadership is underway at South Korea`s largest conglomerate.

SK Telecom first-quarter profit jumps 65.6%

Last Updated: Wednesday, May 6, 2015, 10:29

Net profits for January to March amounted to 442.7 billion won ($410.1 million), up from 267.3 billion a year ago but down 12 percent from the previous quarter.

S.Korea says to cooperate with Europe, US on Qualcomm probe

Last Updated: Wednesday, May 6, 2015, 09:39

South Korea`s antitrust body said on Wednesday it would cooperate with counterparts in Europe and the United States as part of the regulator`s investigation into US chip maker Qualcomm Inc .

Hyundai sales rise 2.6% in April to 51,505 units

Last Updated: Friday, May 1, 2015, 10:32

The company had sold 50,222 units in the same month last year, HMIL said in a statement.

Soon, see-through displays and smart windows

Last Updated: Wednesday, April 29, 2015, 18:13

A newly developed transparent light shutter may pave the way for see-through displays and smart windows, scientists say.

South Korea seeks expansion of free trade pact with India

Last Updated: Thursday, April 23, 2015, 14:36

South Korea, with which India has trade deficit of over USD 8 billion, has sought widening of the scope of free trade agreement by including more products under the pact.

EU court upholds LCD panel cartel fine for LG Display

Last Updated: Thursday, April 23, 2015, 14:20

The European Court of Justice upheld on Thursday a 210 million euro ($224.8 million) fine imposed on South Korea`s LG Display for participating in a cartel of LCD panel makers between 2001 and 2006.

Hyundai Motor Q1 profit falls as sales incentives rise, currencies drag

Last Updated: Thursday, April 23, 2015, 12:55

Hyundai Motor on Thursday posted its fifth consecutive drop in quarterly profit after South Korea`s biggest automaker boosted sales incentives in the United States and weaker overseas currencies put a drag on offshore revenue.