BUSSINESS
November 21, 2024 06:10pm
LG chooses stability in leadership reshuffle amid uncertainties
LG Group chose stability in its year-end executive reshuffle on Thursday, rather than seeking drastic changes in the top brass amid growing uncertaint...
November 21, 2024 05:44pm
Paper firms fined W30b for colluding on newsprint prices
South Korea’s antitrust watchdog has fined three paper manufacturers a total of 30.5 billion won ($21.8 million) for colluding to raise newsprint pric...
November 21, 2024 05:10pm
Mercedes-Benz Korea helps startups expand globally
Mercedes-Benz Korea announced Thursday that it invited nine promising Korean startups to its headquarters in Stuttgart, Germany, earlier this month as...
November 21, 2024 03:39pm
Now is no time to add pressure on businesses: top executives
The top executives of 16 major Korean conglomerates, including Samsung, SK, Hyundai Motor and LG, on Thursday issued a rare joint statement opposing t...
November 21, 2024 03:24pm
[From the Scene] Gigantic Olive Young store lures young trend-setters in Seongsu
Stepping into Olive Young N Seongsu, just a minute’s walk from Seongsu Station’s Exit 4, visitors are immediately greeted by a vibrant and spacious in...
November 21, 2024 03:22pm
Korean Air offers special flights for mileage users
Korean Air has introduced a special flight schedule for customers wishing to redeem mileage points for trips to Jeju Island. Mileage users will have p...
November 21, 2024 03:16pm
Seoul’s department stores dazzle in festive holiday competition
Christmas has arrived early in Seoul’s department stores, where luxury retailers Shinsegae, Lotte, and Hyundai are locked in a competition to outshine...
November 21, 2024 03:14pm
LS, Denmark’s CIP join hands for Ulsan wind power project
LS Cable & System, a leading Korean cable manufacturer, is bolstering ties with global infrastructure investors to supply its submarine cables for flo...
November 21, 2024 03:07pm
CJ CheilJedang to spur overseas growth with new Hungary, US plants
South Korean food company CJ CheilJedang announced Thursday it plans to build new production facilities in Hungary and the US as part of efforts to ex...
November 21, 2024 02:45pm
LG Chem to secure massive supply of lithium from ExxonMobil
LG Chem has forged a deal with US energy giant ExxonMobil to secure up to 100,000 metric tons of lithium, a key material for cathodes used in electric...
November 21, 2024 02:38pm
[Herald Interview] Canada’s Genesis Fertilizers teams up with Korean builder for sustainable agriculture
In a step toward sustainable agriculture, Canadian fertilizer company Genesis Fertilizers has signed a $35 million front-end engineering design, or FE...
November 21, 2024 02:15pm
LG Uplus taps IT strategist as new CEO
LG Uplus, one of the nation's top three telecom carriers, announced Thursday that it has appointed Hong Bum-shik, head of corporate strategy at L...
November 21, 2024 02:14pm
KG Mobility’s Tivoli hits 300,000 units sold in Korea
KG Mobility’s compact SUV Tivoli has surpassed 300,000 units sold in South Korea, with its global cumulative sales exceeding 420,000 units since its d...
November 21, 2024 01:38pm
Hyundai Ioniq 9 debuts as electric SUV with home-like comfort
GOYANG, South Korea -- Hyundai Motor is expanding its electric vehicle lineup with the launch of the Ioniq 9, the company’s first large, all-electric ...