KoreaTimes - Business

The Korea Times

The Korea Times

The Korea Times

Business

Sat, September 23, 2023 | 19:05

Daimler Trucks Korea to reshape brand identity with electric trucks

Daimler Trucks Korea is set to reshape its future brand identity as a manufacturer of fully electric trucks, as part of its next-generation mobility growth strategy, the company said Thursday.

2023-09-14 15:46

Lotte Healthcare launches digital health care platform CAZZLE

Lotte Healthcare launches digital health care platform CAZZLE

Lotte Healthcare is entering the digital health care market with the launch of CAZZLE, the company said Thursday. CAZZLE is a personalized health care platform that aims to provide easy health management, the health care subsidiary of Lotte Group said.

2023-09-14 15:31

POSCO International wins more orders for motor cores from Hyundai Motor

POSCO International wins more orders for motor cores from Hyundai Motor

POSCO International signed contracts with Hyundai Motor Group to supply an additional 3.53 million traction motor cores to the automotive group's factories in Korea and the U.S., the POSCO Group affiliate said, Thursday.

2023-09-14 14:14

Hyundai E&C seeks expansion in Poland

Hyundai E&C seeks expansion in Poland

Hyundai E&C CEO Yoon Young-joon, left, poses with Polish Association of Construction Employers Chief Economist Damian Kazmierczak in Warsaw, Tuesday (local time), after signing a memorandum of understanding (MOU) regarding their collaboration for nuclear power plant construction projects. The Korean builder also signed MOUs with Poland's National Centre for Nuclear Resear...

2023-09-14 13:41

McLaren 750S unveiled in Korea

McLaren 750S unveiled in Korea

The McLaren 750S is exhibited at an event venue on Some Sevit Floating Island in Seoul, Wednesday. The British luxury automotive manufacturer unveiled the vehicle for the first time here. The vehicle boasts a top speed of 332 kilometers per hour. Courtesy of McLaren

2023-09-13 16:46

Citibank Korea, JPMorgan colluded for currency swap bid: Supreme Court

Citibank Korea, JPMorgan colluded for currency swap bid: Supreme Court

The Supreme Court has ruled in favor of a decision by the Fair Trade Commission (FTC) to slap penalties on four foreign financial firms, including Citibank Korea and JPMorgan, for colluding on currency exchange swap bids here, according to the antitrust agency, Wednesday.

2023-09-13 16:46

Hyundai, Hanwha, POSCO promote latest hydrogen tech

Hyundai, Hanwha, POSCO promote latest hydrogen tech

Korea's major conglomerates are displaying their state-of-the-art hydrogen technologies at the nation's largest industry fair, with a view to promoting eco-friendly energy use.

2023-09-13 16:46

Costco Korea fined $22,565 for safety violations in connection to worker's death

Costco Korea fined $22,565 for safety violations in connection to worker's death

Costco Whole Sale Korea was fined 30 million won ($22,565) by the Ministry of Employment and Labor for delaying reporting the death of an employee who died while organizing shopping carts during a heat wave in June, according to the ministry, Wednesday. The ministry said it recently fined Costco Wholesale Korea for violating the Occupational Safety and Health Act.

2023-09-13 16:35

Samsung Biologics invests in local antibody drug conjugate developer

Samsung Biologics invests in local antibody drug conjugate developer

Samsung Biologics invested in AimedBio, a local biotech company specialized in antibody-drug conjugates (ADCs), in a bid to expand into the next-generation drug business, the company said Wednesday.

2023-09-13 15:14

Hyundai, Kia ask US court to reject car theft-related suits in 17 cities

Hyundai, Kia ask US court to reject car theft-related suits in 17 cities

Hyundai Motor and its smaller affiliate Kia said Wednesday they have asked a U.S. court to reject class-action lawsuits filed in 17 cities over a series of car thefts of their vehicles.

2023-09-13 15:02

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