BUSSINESS
November 22, 2024 06:07pm
Hyundai Motor’s Genesis US push challenged by Trump’s tariff hike: sources
The US sales expansion of Hyundai Motor Company’s luxury brand, Genesis, may face setbacks with President-elect Donald Trump’s proposed tariff hikes, ...
November 22, 2024 05:17pm
Daewoo E&C chair honored in India for boosting bilateral economic ties
South Korean builder Daewoo Engineering & Construction said Friday that Chairman Jung Won-ju was honored with the Mahatma Gandhi International Award i...
November 22, 2024 04:55pm
SK chief underlines power of 'design thinking' amid global uncertainties
SK Group Chairman Chey Tae-won suggested responding to deepening global uncertainties with "design thinking" at the annual Tokyo Forum on Friday. “Mos...
November 22, 2024 04:51pm
Hanjin inks partnership with DHL to boost logistics competitiveness
Hanjin Logistics Corporation said Friday it has signed a strategic partnership agreement with DHL Supply Chain Korea, to strengthen collaboration in l...
November 22, 2024 04:50pm
Hanwha Ocean drops police complaint against HD Hyundai in destroyer contract bid
Hanwha Ocean said Friday it withdrew its police complaint against rival HD Hyundai concerning the bidding process for the 8 trillion won ($5.7 billion...
November 22, 2024 04:40pm
OpenAI in talks with Samsung to power AI features, report says
OpenAI, the creator of ChatGPT, has reportedly engaged in discussions with Samsung Electronics to integrate artificial intelligence capabilities into ...
November 22, 2024 04:16pm
AmCham seminar discusses US-Korea trade outlook for Trump’s 2nd term
The American Chamber of Commerce in Korea hosted a seminar Wednesday in Seoul, partnering with local law firm Kim & Chang to explore key trade and tar...
November 22, 2024 03:01pm
Kia EV9 GT marks world debut at LA Motor Show
Hyundai Motor Group’s subsidiary Kia showcased the EV9 GT, the high-performance version of its large electric sport utility vehicle, at the Los Angele...
November 22, 2024 02:10pm
Celltrion’s Prolia, Xgeva biosimilars receive approval in Korea
South Korean biosimilar giant Celltrion announced Friday that its biosimilars, Stoboclo and Osenvelt, have been approved by the Ministry of Food and D...
November 22, 2024 02:00pm
LG Innotek invests W376b for Vietnam facility
LG Innotek said Friday it would invest 375.9 billion won ($268.3 million) in a facility in Vietnam to respond to new models in the optical solutions b...
November 22, 2024 10:21am
S. Korea to enhance cooperation with Mexico to remove biz uncertainties over Trump
South Korean Trade Minister Cheong In-kyo said Friday the government will establish cooperative channels with Mexico in an effort to minimize uncertai...
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...