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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 Biologics wins $1.4 bil. manufacturing deal in Europe

Samsung Biologics, a biotech arm of Korea's Samsung Group, said Tuesday it has received a contract manufacturing deal worth 2.07 trillion won ($1.4 billion) from a Europe-based biopharmaceutical firm.

Jan 14, 2025By Yonhap
Samsung Biologics wins $1.4 bil. manufacturing deal in Europe

TEST DRIVE Kia's Niro Hybrid solidifies its place as price-competitive, fuel-efficient SUV

Kia’s Niro Hybrid SUV seems to have solidified its identity, making it one of the most price-competitive and fuel-efficient options for drivers seeking both comfort and impressive fuel efficiency.

Jan 14, 2025By Lee Min-hyung
[TEST DRIVE] Kia's Niro Hybrid solidifies its place as price-competitive, fuel-efficient SUV

Audi Korea ready for rebound with new vehicle launches: CEO

Audi Korea is gearing up for a sales rebound in the local market by launching a “historic high” number of new models this year and strategically expanding its lineup of electric vehicles (EVs), its CEO said Monday.

Jan 13, 2025By Lee Min-hyung
Audi Korea ready for rebound with new vehicle launches: CEO

REC Silicon's Norwegian shareholders up in arms against Hanwha

Hanwha is facing strong opposition from Norwegian shareholders of REC Silicon.

Jan 13, 2025By Park Jae-hyuk
REC Silicon's Norwegian shareholders up in arms against Hanwha
  • Norwegian investors consider lawsuit against Hanwha-controlled REC Silicon

Hyundai Motor donates $1 mil. to Trump's inauguration

Hyundai Motor Company donated $1 million to the inauguration of U.S. President-Elect Donald Trump, scheduled for Jan. 20 (local time), the major Korean carmaker announced Sunday.

Jan 12, 2025By Ko Dong-hwan
Hyundai Motor donates $1 mil. to Trump's inauguration

HD Hyundai kicks off warship construction project in Peru

HD Hyundai Heavy Industries (HD HHI) has officially launched the Peru Warship Project, marking a significant milestone for Korea’s defense exports in Latin America. A ceremony was held on Friday, (local time) at the state-run SIMA Shipyard in Peru, where construction began on four key naval vessels, including a frigate, an offshore patrol vessel and an amphibious landing ship.

Jan 12, 2025By Ko Dong-hwan
HD Hyundai kicks off warship construction project in Peru

Proxy adviser ISS supports 4 nominees by biggest shareholder for Korea Zinc board amid management battle

Proxy adviser Institutional Shareholder Services (ISS) on Friday expressed support for four nominees for board members of Korea Zinc recommended by its biggest shareholder, Young Poong, amid a battle for control over the zinc smelter between company chairman and an alliance led by Young Poong.

Jan 10, 2025By Yonhap
Proxy adviser ISS supports 4 nominees by biggest shareholder for Korea Zinc board amid management battle

Shinsegae chairman to buy 10% stake in E-Mart for corporate value

Chung Yong-jin, chairman of retail giant Shinsegae Group, will acquire an entire 10 percent stake in the group's discount store affiliate, E-Mart, held by his mother and general chairwoman Lee Myung-hee to enhance corporate value, E-Mart said Friday.

Jan 10, 2025By Yonhap
Shinsegae chairman to buy 10% stake in E-Mart for corporate value

Korean Air unlikely to accept Busan’s call to spin off Air Busan

Korean Air is expected to reject calls to separate Air Busan ahead of its planned integration with Jin Air, despite strong opposition from the nation's southern port city, as the regional airline is on track to stabilize its earnings, according to industry officials on Friday.

Jan 10, 2025By Lee Min-hyung
Korean Air unlikely to accept Busan’s call to spin off Air Busan

Green light nears for Korea's participation in Czech nuclear project

Korea appears to have taken a step closer to signing a deal worth 400 billion Czech korunas ($16 billion) in March to build nuclear reactors in the Czech Republic, as Westinghouse Electric is expected to end its two years of dispute with Korea Hydro & Nuclear Power (KHNP) over the U.S. firm's intellectual property rights.

Jan 10, 2025By Park Jae-hyuk
Green light nears for Korea's participation in Czech nuclear project
  • Korea, US formally ink MOU on principles concerning nuclear exports, cooperation
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