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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.

Hanwha Aerospace hires ex-Leonardo president to helm overseas business

Hanwha Aerospace, a major Korean defense equipment manufacturer, said Monday it has appointed Michael Coulter, former president of global defense firm Leonardo DRS International, to oversee its overseas business operations.

Dec 16, 2024By Yonhap
Hanwha Aerospace hires ex-Leonardo president to helm overseas business

Korean Air to generate more synergy after Asiana takeover

Korean Air will be able to create more tangible synergy after completing its long-awaited takeover of Asiana Airlines, market watchers said Sunday.

Dec 16, 2024By Lee Min-hyung
Korean Air to generate more synergy after Asiana takeover

Yoon impeachment threatens success of key energy projects

Key energy development projects led by President Yoon Suk Yeol face an uncertain future following the National Assembly's vote on Saturday to impeach him over his martial law order.

Dec 15, 2024By Ko Dong-hwan
Yoon impeachment threatens success of key energy projects

LG donates W12 bil. for neighbors in need

Ha Beom-jong, left, president and chief financial officer of LG Corp., poses with Kim Byong-joon, chairman of the Community Chest of Korea (CCK), at the CCK's headquarters in Seoul, Friday, after the conglomerate donated 12 billion won ($8.35 million). Since 1999, LG has donated a total of 240 billion won to the nonprofit. LG affiliates, including LG Electronics, LG Energy Solution and LG Display, have also contributed to various charitable initiatives, such as distributing charcoal briquettes, daily necessities and scholarships. Courtesy of LG Group

Dec 15, 2024By Kang Seung-woo
LG donates W12 bil. for neighbors in need

Korea exposed to Trump risk amid leadership crisis

Korea's ongoing leadership crisis, triggered by President Yoon Suk Yeol's attempt to impose martial law, is feared to leave the country vulnerable to potential new tariffs from the incoming Donald Trump administration during upcoming trade and economic negotiations, industry officials said Sunday.

Dec 15, 2024By Lee Min-hyung
Korea exposed to Trump risk amid leadership crisis

Samsung's union leaders face backlash from members over joining rally against Yoon

Leaders of the National Samsung Electronics Union (NSEU), the largest among the tech firm’s multiple labor unions, are facing a backlash from union members, following their decision to join a protest calling for the impeachment of President Yoon Suk Yeol.

Dec 13, 2024By Park Jae-hyuk
Samsung's union leaders face backlash from members over joining rally against Yoon

Hyundai Motor chair stresses innovation during trip to Singapore

Hyundai Motor Group Executive Chair Chung Euisun stressed the importance of innovation during a town hall meeting with employees at the group’s regional hub in Singapore, which marked its first anniversary.

Dec 13, 2024By Nam Hyun-woo
Hyundai Motor chair stresses innovation during trip to Singapore

Are businesses betting on Lee Jae-myung?

Business associations have begun reaching out to the opposition bloc, breaking their extreme silence on President Yoon Suk Yeol’s short-lived martial law declared on Dec. 3.

Dec 13, 2024By Park Jae-hyuk
Are businesses betting on Lee Jae-myung?

IMM takes over Korea's top waste management firm Ecorbit for $1.44 bil.

A consortium between IMM Private Equity and IMM Investment acquired Ecorbit, Korea’s largest waste management company, for 2.07 trillion won ($1.44 billion), the consortium said, Friday.

Dec 13, 2024By Nam Hyun-woo
IMM takes over Korea's top waste management firm Ecorbit for $1.44 bil.

Unionized workers of state-run bank to stage strike over wage deal

Unionized workers of the state-run Industrial Bank of Korea (IBK) have voted to stage a general strike later this month over failed wage negotiations with the management, union officials said Friday.

Dec 13, 2024By Yonhap
Unionized workers of state-run bank to stage strike over wage deal
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