Most Popular
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Dongduk Women’s University halts coeducation talks
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Defense ministry denies special treatment for BTS’ V amid phone use allegations
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Russia sent 'anti-air' missiles to Pyongyang, Yoon's aide says
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OpenAI in talks with Samsung to power AI features, report says
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Two jailed for forcing disabled teens into prostitution
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South Korean military plans to launch new division for future warfare
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Gold bars and cash bundles; authorities confiscate millions from tax dodgers
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Trump picks ex-N. Korea policy official as his principal deputy national security adviser
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Kia EV9 GT marks world debut at LA Motor Show
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Teen smoking, drinking decline, while mental health, dietary habits worsen
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Samsung Heavy suffers Q2 operating loss on restructuring costs
[THE INVESTOR] Ailing shipyard Samsung Heavy Industries posted an operating loss of 283.7 billion won (US$253.18) in the April-June period, mainly because of workforce restructuring costs, the company said in its quarterly earnings report on July 29. The fall, however, is an improvement from 1.54 trillion won loss a year earlier, up by 81.7 percent. Samsung Heavy Industries' shipyard.For the second quarter, the Samsung affiliate logged net loss of 212.4 billion won, narrowing the loss from 1.15
July 29, 2016
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Hanwha to wholly own defense affiliate
[THE INVESTOR] Hanhwa Techwin announced on July 29 that it will acquire 13.5 million shares of France’s Thales International in its affiliate Hanwha Thales for 288 billion won (US$253.95 million). The due date for acquisition is Nov. 23, making it the sole owner. The French defense giant has decided to sell its 50 percent stake in the defense electronics joint venture Hanwha Group acquired from Samsung last year. Hanwha Techwin, an aircraft engine manufacturer, and Hanwha Thales are two of the f
July 29, 2016