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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.

Korean steelmakers uneasy about Trump tariffs

U.S. President Donald Trump alarmed Korean steelmakers, Monday, with his declaration of additional 25 percent tariffs on all steel and aluminum imports into his country.

Feb 10, 2025By Park Jae-hyuk
Korean steelmakers uneasy about Trump tariffs
  • Trump to announce 25% steel and aluminum tariffs in latest trade escalation
  • Fears on Trump's tariffs overshadow Korea's exports
  • Korean firms face decline in US sales in case of further tariffs: report

BAT Rothmans CEO bolsters supports for single parents, orphans

BAT Rothmans CEO in Korea has extended its almost decade-long social outreach campaign by renewing its partnership with the Korea Welfare Services (KWS), according to the global cigarette maker's Korean office, Monday.

Feb 10, 2025By Ko Dong-hwan
BAT Rothmans CEO bolsters supports for single parents, orphans

Maserati Korea struggles with weakening brand recognition

Maserati Korea is struggling to rev up its faltering sales here, as the brand is losing recognition amid customers’ growing preference for rival luxury carmakers such as Porsche, according to data and industry officials, Monday.

Feb 10, 2025By Lee Min-hyung
Maserati Korea struggles with weakening brand recognition

LG Energy Solution picked as bidding operator of Jeju offshore wind farm

LG Energy Solution, Korea's leading battery maker, said Monday it has been named the renewable energy bidding service operator for the country's largest wind farm on the southern island of Jeju.

Feb 10, 2025By Yonhap
LG Energy Solution picked as bidding operator of Jeju offshore wind farm

Temu steps up preparations to directly enter Korean market: sources

Chinese e-commerce platform Temu has been stepping up its preparations to directly enter the Korean market since late last year, an industry source said Monday.

Feb 10, 2025By Yonhap
Temu steps up preparations to directly enter Korean market: sources

Lotte accelerates confectionery biz in India

Lotte Wellfood has launched a new manufacturing plant in India, where the Korean confectionery giant is looking to expand its presence, Lotte Corp., the holding company of Lotte Group, said Sunday.

Feb 9, 2025By Ko Dong-hwan
Lotte accelerates confectionery biz in India

Samyang's earnings rise on popularity of Buldak instant noodles

Samyang Foods is on track to become Korea’s most profitable instant noodle maker in 2024, as the export performance of its hit Buldak instant noodle product lineup, has been bolstered by a stronger dollar.

Feb 9, 2025By Nam Hyun-woo
Samyang's earnings rise on popularity of Buldak instant noodles

German shipper mulls placing container ship order with Hanwha Ocean: reports

German shipping firm Hapag-Lloyd may turn to Korean shipbuilder Hanwha Ocean for its next batch of container ship newbuildings worth over 1.7 trillion won ($1.2 billion), according to foreign news media.

Feb 9, 2025By Yonhap
German shipper mulls placing container ship order with Hanwha Ocean: reports

Korean Air swings to black in Q4 on cargo demand

Korean Air, Korea's leading airline, said Friday it has swung to the black in the fourth quarter from a year earlier thanks to robust cargo demand.

Feb 7, 2025By Yonhap
Korean Air swings to black in Q4 on cargo demand

Woori Financial's net rises 23% in 2024

Woori Financial Group said Friday its net profit surged 23.1 percent from a year earlier in 2024 on the rise in both interest and non-interest income.

Feb 7, 2025By Yonhap
Woori Financial's net rises 23% in 2024
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