All posts tagged "Business"

  • kakao black
    Kakao unveils deluxe call taxi service

    By Yoon Sung-won Kakao, provider of the nation’s top mobile messenger service, KakaoTalk, plans to launch a mobile deluxe call taxi service. For the company, which also operates Korea’s most sought-after mobile call taxi service, KakaoTaxi, the...

    • Posted October 20, 2015
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  • A group of Korean merchants in Flushing's food alley neighborhood are filing a class-action lawsuit as a result of damages suffered following the closing of a bridge in 2010. (Photo courtesy of Korean American Association of Queens)
    Flushing Korean business owners affected by closed bridge to file lawsuit

    A two-lane Flushing bridge that has been blocked off for five years has spurred Korean business owners in the area to file a class-action lawsuit. The site, located at 149th Street in New York City’s Koreatown, lies...

    • Posted October 20, 2015
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  • (Screenshot of
    America is undergoing a K-beauty frenzy

    By Park Ji-hye The American makeup market is undergoing a K-beauty frenzy. Influenced by increasing word-of-mouth on quality and affordable pricing, as well as by exposure via K-pop and K-drama stars, South Korea has seen about $69...

    • Posted October 16, 2015
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  • A plaza on Wilshire/Manhattan in Koreatown, Los Angeles, will say goodbye to four businesses Saturday to make way for an MTA Purple Line expansion. (Park Sang-hyuk/Korea Times)
    Four K-Town businesses close doors for Purple Line expansion

    By Kim Chul-soo The expansion of the MTA Purple Line to West Los Angeles is pushing a line of Korean business owners out of a plaza situated on Wilshire Boulevard in Koreatown. Under eminent domain, four businesses...

    • Posted October 14, 2015
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  • South Korea Samsung Succession
    Samsung Electronics ranks 7th in global brand value

    SEOUL, Oct. 5 (Yonhap) — South Korea’s tech giant Samsung Electronics Co. ranked seventh in the world this year in terms of brand value, a global consultancy report showed Monday. According to the annual report compiled by...

    • Posted October 5, 2015
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  • Hyundai and Kia have been accused of violating patents in their hybrid engine design. (PRNewsFoto/Hyundai Motor America)
    Hyundai, Kia ordered to pay $28.9 million for patent infringement in US

    SEOUL (Yonhap) — Hyundai Motor Co. and its affiliate Kia Motors Corp. have been ordered by a U.S. federal jury to pay $28.9 million for the infringement of patents related to hybrid engines, company officials said Friday....

    • Posted October 2, 2015
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  • In this Sept. 9, 2015 photo, Suh Kyung-bae, chairman and CEO of AmorePacific speaks to the media during the company’s 70th anniversary media conference in Seoul, South Korea. South Korea is known around the world for Samsung phones, kimchi and Hyundai cars but ask that question in Asia and the answer might be equally be “air cushion” compacts or sleeping masks. (AP Photo/Lee Jin-man)
    Self-effacing S. Korean billionaire behind rising Asian beauty brand

    SEOUL, South Korea (AP) — South Korea is known around the world for Samsung phones, kimchi and Hyundai cars, but ask that question in Asia and the answer might equally be “air cushion” compacts. One of the...

    • Posted September 30, 2015
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