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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.

Sales of Japanese products rebound in Korea

Once-boycotted Japanese fashion brands are experiencing a rebound in sales in Korea.

Dec 9, 2024By Ko Dong-hwan
Sales of Japanese products rebound in Korea

Martial law fallout leads to NPS' abstention in vote on Doosan's restructuring

The National Pension Service (NPS) decided on Monday it would vote for Doosan Enerbility’s controversial plan to spin off Doosan Bobcat to place it under the control of Doosan Robotics, only if the stock prices of the plant equipment supplier and the robotics firm exceed their respective appraisal rights prices as of Tuesday.

Dec 9, 2024By Park Jae-hyuk
Martial law fallout leads to NPS' abstention in vote on Doosan's restructuring
  • Doosan Enerbility's Bobcat spin-off plan faces growing opposition
  • Yoon's resource exploration project in peril amid martial law fiasco

Why LG Electronics picked India for overseas IPO

LG Electronics has officially launched its bid to go public in India, betting high on the country’s attractiveness as a budding electronic appliance market and a lucrative investor destination.

Dec 9, 2024By Nam Hyun-woo
Why LG Electronics picked India for overseas IPO

Celltrion wins approval for allergic asthma treatment biosimilar in Canada

Korea's pharmaceutical giant Celltrion said Monday that it has received approval from Canadian health authorities for a biosimilar treatment for allergic asthma.

Dec 9, 2024By Yonhap
Celltrion wins approval for allergic asthma treatment biosimilar in Canada

Korean battery makers' global market share drops amid intensifying competition

Three Korean electric vehicle battery makers saw their combined global market share fall from a year earlier in the first 10 months of 2024 amid robust growth of Chinese rivals, industry data showed Monday.

Dec 9, 2024By Yonhap
Korean battery makers' global market share drops amid intensifying competition
  • US blacklisting of CATL boosts prospects for Korean battery firms

Controversy lingers over Air Busan

Busan’s politicians, businesspeople and civic groups have been trying to prevent Korean Air from relocating Air Busan to Incheon International Airport from the nation’s second-largest city.

Dec 9, 2024By Park Jae-hyuk
Controversy lingers over Air Busan
  • Korean Air wins much-awaited EU approval to acquire Asiana Airlines
  • Korean Air to finalize controlling-share acquisition of Asiana Airlines next week

Telecoms in emergency mode as massive rallies continue

Telecom firms will remain in emergency mode to prevent any unexpected network shutdowns at some major gathering points in Seoul and metropolitan cities, as the public, angered by the National Assembly's failed attempt to impeach President Yoon Suk Yeol, are expected to continue taking to the streets, industry officials said Sunday.

Dec 8, 2024By Lee Min-hyung
Telecoms in emergency mode as massive rallies continue

Tables turned? Korean firms now tasked with reassuring US partners

Prolonged political turmoil in Korea has put businesspeople here under pressure to reassure their U.S. partners, leaving them little room to discuss how to address the challenges posed by the incoming Donald Trump administration's protectionist trade policies.

Dec 8, 2024By Park Jae-hyuk
Tables turned? Korean firms now tasked with reassuring US partners

CJ ENM gears up for US expansion via Prime Video

CJ ENM is set to make aggressive inroads into the United States by releasing more than 150 premium content for Amazon Prime Video subscribers there, the Korean entertainment giant said Sunday.

Dec 8, 2024By Lee Min-hyung
CJ ENM gears up for US expansion via Prime Video

Yoon's resource exploration project in peril amid martial law fiasco

Major economic initiatives including President Yoon Suk Yeol’s flagship gas and oil exploration project in the East Sea are at risk of running aground due to the president’s abrupt declaration of martial law, which caused serious political unrest in the country before being reversed six hours later.

Dec 6, 2024By Nam Hyun-woo
Yoon's resource exploration project in peril amid martial law fiasco
  • Martial law fallout leads to NPS' abstention in vote on Doosan's restructuring
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