BUSSINESS
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 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 03:07pm 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 20, 2024 02:31pm Coway unveils winter-ready home appliances South Korean home appliance maker Coway has introduced new products designed to improve indoor air quality and provide personal comfort during the win...
November 20, 2024 02:29pm Posco shuts down wire rod mill on oversupply concerns South Korean steel giant Posco Group said Wednesday that it will shut down a wire rod mill at its steelworks in Pohang, North Gyeongsang Province, cit...
November 20, 2024 02:29pm Samsung Biologics hits W5tr in annual orders Samsung Biologics said Wednesday that its cumulative orders this year have exceeded 5 trillion won ($3.59 billion), driven by consecutive large-scale ...
November 19, 2024 02:41pm Daewoong develops drug candidate for oral obesity treatment Daewoong Pharmaceutical announced Tuesday that it has filed for a domestic patent for a new obesity drug that suppresses appetite and promotes fat bur...
November 18, 2024 05:23pm Korea Zinc buyout could jeopardize high-tech supply chains: sources Young Poong’s bid to buy Korea Zinc has been met with concerns that the takeover of the world’s largest zinc smelter could erode its position in the g...
November 17, 2024 03:20pm LG Chem promotes fair trade practices LG Chem is ramping up efforts to strengthen ties with partner companies through a series of new initiatives to promote sustainable development across ...
November 15, 2024 04:23pm Hyundai Motor appoints 1st foreign CEO Hyundai Motor Group appointed Jose Munoz, global chief operating officer at Hyundai Motor Co., as the next CEO of the auto brand on Friday, marking th...
November 15, 2024 03:05pm Hanwha chief appointed to lead defense affiliate Hanwha Group Chairman Kim Seung-youn has taken a top position at the conglomerate’s main defense affiliate, Hanwha Aerospace, to ramp up the firm’s gl...
November 14, 2024 09:17pm Samsung Electronics, labor union reach preliminary deal in wage talks Samsung Electronics and its largest labor union reached a preliminary agreement on a 5.1 percent pay increase Thursday, officials said, paving the way for ending stalled wage negotiations that have involved ...
November 14, 2024 03:07pm HD Hyundai vice chairman promoted in CEO reshuffle HD Hyundai announced new nominees to head its affiliates on Thursday as the Korean shipbuilding conglomerate aims to cope with changes in the global b...
November 14, 2024 02:33pm LG Energy Solution to supply ESS for US Terra-Gen LG Energy Solution has secured a contract to supply up to 8 gigawatt-hour energy storage systems to US renewable energy firm Terra-Gen, the Korean bat...
November 13, 2024 02:00pm Amorepacific unveils bold growth goals South Korean cosmetics giant Amorepacific has unveiled its new global business strategy, aiming to strengthen its position as a leader in the beauty i...
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