BUSSINESS
October 30, 2024 02:22pm
LG Chem ups automotive adhesives drive
LG Chem, South Korea’s leading chemicals company, is ramping up its automotive adhesives business as the rising market for electronic components in ve...
October 29, 2024 03:14pm
Hanon Systems to build 1st electric compressor plant in North America
Hanon Systems, a Korean automotive thermal management supplier, announced plans to build a new manufacturing plant for electric compressors in Ontario...
October 29, 2024 02:50pm
Innocean hosts 2024 Partners Day for shared growth
Innocean, a South Korean marketing agency affiliated with Hyundai Motor Group, held its annual Partners Day event Tuesday. The event, which brought to...
October 29, 2024 02:26pm
Posco, JSW team up to build integrated steel facility in India
South Korean steelmaker Posco Group said Tuesday it plans to establish a comprehensive steel manufacturing facility in India in partnership with India...
October 28, 2024 03:08pm
LG Energy Solution to cut down investment next year
LG Energy Solution will tighten its belt next year to cope with uncertain market conditions due to the slowing growth of the electric vehicle sector...
October 27, 2024 02:34pm
Hanwha, HD Hyundai vie for Poland’s $2.7b submarine program
Hanwha Ocean and HD Hyundai Heavy Industries -- Korea’s two leading shipbuilders under conglomerates Hanwha Group and HD Hyundai, respectively -- are ...
October 27, 2024 02:19pm
Posco completes Argentina’s first lithium hydroxide plant
Posco Holdings announced Sunday it has completed the first phase of its lithium hydroxide plant in Argentina, a key step in securing a stable supply o...
October 24, 2024 03:24pm
Hyundai Motor's Q3 profit missses estimates
Hyundai Motor Company reported 3.58 trillion won ($2.5 billion) in third-quarter operating profit Thursday, down 6.5 percent from the same quarter las...
October 23, 2024 04:02pm
[From the Scene] S-Oil’s Shaheen project on track for 2026 completion
ULSAN -- The construction site of S-Oil’s Shaheen project at its Onsan plant in Ulsan showed little to no activity Tuesday afternoon. Although the day...
October 23, 2024 02:12pm
SPC invited to Macron’s exclusive dinner in Paris
South Korean bakery giant SPC Group said Wednesday that President Hur Jin-soo attended a dinner banquet hosted by French President Emmanuel Macron at ...
October 22, 2024 06:19pm
Daewoo E&C eyes bigger footing in Indonesia
Daewoo Engineering & Construction Chairman Jung Won-ju met with former Indonesian President Joko Widodo to explore new business ventures in the coun...
October 22, 2024 03:36pm
APR expands K-beauty influence in Hong Kong
South Korean beauty company APR announced Tuesday that it has strengthened its presence in Hong Kong’s competitive market through strong sales from bo...
October 22, 2024 09:36am
8 out of 10 companies support raising retirement age: survey
Eight out of 10 businesses support a proposal to raise the mandatory retirement age for employees, currently set at 60, according to a survey released...
October 21, 2024 06:00pm
Doosan attempts business restructuring plan again
Doosan Group announced Monday a revised business realignment plan to go ahead with its earlier bid to incorporate Doosan Bobcat into Doosan Robotics a...