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The Korea Times

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Sat, June 3, 2023 | 00:40

US weighs suit against Korean Air's planned acquisition of Asiana: Politico

US weighs suit against Korean Air's planned acquisition of Asiana: Politico

The U.S. Justice Department is considering suing to block Korean Air's planned acquisition of Asiana Airlines, U.S. news website Politico reported on Thursday.

2023-05-19 08:16

Renault Korea, Geely developing new SUV for launch next year

Renault Korea, Geely developing new SUV for launch next year

Renault Korea Motors, the South Korean unit of Renault S.A., has said it is developing a new SUV in a joint project with a Chinese automaker initially for a domestic launch next year.

2023-05-18 20:31

FKI vows drastic reform to invite more member firms

FKI vows drastic reform to invite more member firms

The Federation of Korean Industries (FKI) will take drastic reform measures to attract more member companies, including affiliates of Samsung, SK, Hyundai Motor and LG, by transforming into a think tank-type economic organization, equipped with new roles, functions and governance, its interim head said Thursday.

Kim Hyun-bin | 2023-05-18 16:56

POSCO International hires IR expert to bolster shareholder value

POSCO International hires IR expert to bolster shareholder value

POSCO International, the trade affiliate of POSCO Group, has appointed Jeong In-cheol as the first head of a new investor relations new division aimed at bolstering the firm's share price and subsequent shareholder value, the firm said Thursday.

Lee Kyung-min | 2023-05-18 16:35

Samsung, SK, POSCO chiefs meet Canadian PM Trudeau

Samsung, SK, POSCO chiefs meet Canadian PM Trudeau

Samsung Electronics Executive Chairman Lee Jae-yong was among the Korean business tycoons who met with Canadian Prime Minister Justin Trudeau in Seoul on Wednesday afternoon, along with SK Group Chairman Chey Tae-won and ...

Park Jae-hyuk | 2023-05-18 16:29

Hyundai to launch upgraded G70 models in Korea

Hyundai to launch upgraded G70 models in Korea

Korea's Hyundai Motor said Thursday it will launch the G70 and G70 Shooting Brake upgraded models in the domestic market.

2023-05-18 16:21

KCCI chief promotes Busan's Expo bid

KCCI chief promotes Busan's Expo bid

Korea Chamber of Commerce & Industry (KCCI) Chairman Chey Tae-won, front left, meets KCCI Global Supporters group members during an unscheduled event to promote Busan's bid to host the World Expo 2030, at a traditional market in Seoul, Wednesday. Courtesy of KCCI

Kim Hyun-bin | 2023-05-18 15:24

'Value' and 'valued' partners: new chapter of innovation and prosperity

'Value' and 'valued' partners: new chapter of innovation and prosperity

As South Korea and Germany celebrate the 140th anniversary of their bilateral relations, German Chancellor Olaf Scholz is visiting South Korea on May 21 for a summit with President Yoon Suk Yeol. This is a historic visit as Scholz will be the first German leader to come to Seoul in 13 years since former Chancellor Angela Merkel's trip in 2010 to attend a G20 summit.

Park Jae-hyuk | 2023-05-18 13:46

LG Chem to supply filter membranes for water desalination project in Israel

LG Chem to supply filter membranes for water desalination project in Israel

LG Chem said Thursday it has won a contract to exclusively supply its key filter membrane product for a large-scale water desalination project in Israel.

2023-05-18 10:49

Korean, Japanese biz leaders vow to enhance economic, new industry cooperation

Korean, Japanese biz leaders vow to enhance economic, new industry cooperation

Korea and Japan agreed Wednesday to enhance bilateral cooperation in new industry fields and promote exchanges for a stronger economic and business partnership by maximizing a recent thaw in their diplomatic relations, an association concerned with bilateral economic ties said.

2023-05-17 20:39

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Top 10 Stories

1	Hyundai Elevator launches AI, IoT-powered maintenance service

2	More banks offer daily interest payments on deposits

3	Roland Garros 2023

4	Airlines fiercely compete to acquire additional aircraft

5	Seoul imposes sanctions on North Korean hacking group for role in space launch

6	LG Chem joins Korean firms strengthening ties with Japan

7	HMM tasked with preventing sale of Hyundai LNG to foreign firm

8	Korean stocks feared to lose steam on prolonged trade deficit, real estate doldrums

9	POSCO, GM expand joint EV battery materials investment in North America

10	Indo-Pacific region highlighted as important for Korean economy's future

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