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CEO & Publisher: Oh Young-jinDigital News Email: webmaster@koreatimes.co.krTel: 02-724-2114Online newspaper registration No: 서울,아52844Date of registration: 2020.02.05Masthead: The Korea TimesCopyright © koreatimes.co.kr. All rights reserved.

Samsung Electronics decides to cancel $2 bil. worth of treasury stocks

Samsung Electronics said Tuesday it has decided to cancel 3 trillion won ($2.01 billion) worth of treasury stocks as part of its buyback plan to enhance shareholder value.

Feb 18, 2025By Yonhap
Samsung Electronics decides to cancel $2 bil. worth of treasury stocks

Antitrust body seeks talks with US on platform regulation to prevent trade conflict

The nation’s antitrust watchdog said it will deepen talks with the United States to minimize potential repercussions from its plan to regulate market-dominant tech firms, as fears of trade retaliation from the world’s largest economy loom larger under the Donald Trump administration.

Feb 17, 2025By Lee Min-hyung
Antitrust body seeks talks with US on platform regulation to prevent trade conflict

Samsung Electronics chief unlikely to return to board

Samsung Electronics Executive Chairman Lee Jae-yong is unlikely to rejoin the tech giant’s board in the coming years, as the company is considering the potential impact of a Supreme Court ruling on his involvement in a controversial merger of Samsung affiliates.

Feb 17, 2025By Nam Hyun-woo
Samsung Electronics chief unlikely to return to board

Face Pay emerges as rising strategy among convenience stores

Major convenience store franchise companies in Korea have started testing a new Face Pay service, with plans for rollout as early as next month.

Feb 17, 2025By Ko Dong-hwan
Face Pay emerges as rising strategy among convenience stores

Hanwha Ocean strengthens presence in global maritime defense sector

Hanwha Ocean has achieved a major milestone in Korea’s maritime defense industry, becoming the first domestic shipyard to secure maintenance, repair and overhaul (MRO) contracts for U.S. Navy vessels.

Feb 17, 2025By Park Jae-hyuk
Hanwha Ocean strengthens presence in global maritime defense sector

S-Oil's Shaheen project to boost Korea's petrochemical competitiveness

S-Oil’s Shaheen project is set to become a key driver of growth for the domestic petrochemical industry, which is grappling with slowing global demand, large-scale capacity expansions in China and persistent regional oversupply.

Feb 17, 2025By Park Jae-hyuk
S-Oil's Shaheen project to boost Korea's petrochemical competitiveness

Korea braces for Trump's impacts on shipping industry

The government is set to support Korean shipping companies, as U.S. President Donald Trump's protectionist policies have fueled uncertainties surrounding the logistics industry.

Feb 17, 2025By Park Jae-hyuk
Korea braces for Trump's impacts on shipping industry
  • Minister vows to host 2028 UN Ocean Conference in Korea
  • Korea sees increasing fishing boat accidents amid climate crisis

KOTRA promotes trade with Czech Republic

Korea Trade-Investment Promotion Agency (KOTRA) CEO Kang Gyeong-seong, second from left, and CzechInvest CEO Jan Michal, second from right, display the memorandum of understanding on their cooperation to boost bilateral trade and investment between the two countries, during the Korea-Czech Investment and Business Conference at the Korea Chamber of Commerce and Industry in Seoul, Monday. KOTRA said that the two agencies agreed to send delegations to each other and host exhibitions to strengthen the two countries' economic ties. From left are Trade, Industry and Energy Minister Ahn Duk-geun, Kang, Michal and Czech Industry and Trade Minister Lukas Vlcek. Korea Times photo by Shim Hyun-chul

Feb 17, 2025By Park Jae-hyuk
KOTRA promotes trade with Czech Republic

Innocean blends new technology with content production expertise for digital ad leadership

Innocean is moving to strengthen its expertise in the digital out-of-home advertising market by blending new technologies with its high-end content production capability, the advertising agency said Monday.

Feb 17, 2025By Lee Min-hyung
Innocean blends new technology with content production expertise for digital ad leadership

Hyundai Motor Group chief encourages KIA Tigers

Hyundai Motor Group Executive Chair Chung Euisun, right, shakes hands with KIA Tigers manager Lee Bum-ho at The Clubhouse Baseball in California, Sunday (local time). Chung visited the defending KBO champion's spring training camp and encouraged players and coaching staff during his business tour to the United States, which also included attending the 2025 Genesis Invitational golf tournament and managing a series of other business engagements. Courtesy of Hyundai Motor Group

Feb 17, 2025By Lee Min-hyung
Hyundai Motor Group chief encourages KIA Tigers
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