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How Hyundai beat Volkswagen by cracking the formula for surviving China's price war
With the Korean automotive group's operating profit trouncing the German giant's, competition in sales may narrow as the owner of Audi and Porsche goes for a heavy restructuring.
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Royal guard ceremony resumes
The Royal Guard Changing Ceremony takes place at Gwanghwamun Gate of Gyeongbok Palace in Jongno District, central Seoul, on Aug. 9.
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Fuel prices fall for 12th week
Gasoline and diesel prices nationwide declined again in early August, though both remain in the 1,800 won-per-liter ($4.84-per-gallon) range.
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Homeplus reopens dozens of stores, but recovery remains uncertain
The supermarket chain has resumed operations at 67 stores with thin inventory and unpaid suppliers, as workers and nearby businesses await signs its court-led rehabilitation can hold.
