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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.

Trump's Mexico tariff plan raises concerns for Korean firms

Major Korean companies, including Samsung Electronics and LG Electronics, are now exploring the possibility of reshaping their global supply chains in response to U.S. President-elect Donald Trump’s threat to impose a 25 percent tariff on goods imported from Mexico.

Nov 26, 2024By Lee Min-hyung
Trump's Mexico tariff plan raises concerns for Korean firms
  • Korean firms reviewing measures in response to Trump's tariff threat on Mexico-made goods

Apple TV+ series 'Pachinko' available on Tving

Tving’s premium subscribers will be able to access "Pachinko," a popular Apple TV+ original series, starting next month, with the launch of its brand channel for Apple’s streaming service.

Nov 26, 2024By Lee Min-hyung
Apple TV+ series 'Pachinko' available on Tving

Paris Baguette opens first European franchised store in London

Korean bakery brand Paris Baguette has opened its first European franchised store in Canary Wharf, London, the firm said Tuesday, marking the brand's initial step in expanding its presence in the European market.

Nov 26, 2024By Nam Hyun-woo
Paris Baguette opens first European franchised store in London

Samsung Electronics expected to make personnel reshuffle as early as this week: sources

Samsung Electronics is expected to go through a major personnel reshuffle this week at the earliest as part of efforts to overcome its sluggish business performance, industry sources said Tuesday.

Nov 26, 2024By Yonhap
Samsung Electronics expected to make personnel reshuffle as early as this week: sources

Hanwha Aerospace bags $336.9 mil. deal to supply parts for KF-21 fighter jet

Hanwha Aerospace said Tuesday it has won a 473 billion-won ($336.9 million) contract from Korea Aerospace Industries to supply components for Korea's next-generation KF-21 fighter jets.

Nov 26, 2024By Yonhap
Hanwha Aerospace bags $336.9 mil. deal to supply parts for KF-21 fighter jet

POSCO union votes to proceed with strike

POSCO’s unionized workers voted on Monday to take collective action, putting the steelmaker at risk of facing the first strike in its 56-year history.

Nov 25, 2024By Park Jae-hyuk
POSCO union votes to proceed with strike
  • Steelmakers face triple whammy
  • POSCO, Samsung struggle in labor negotiations with respective unions

Airlines enjoy earnings boosts from expanded Chinese e-commerce cargo

Korean Air and Asiana Airlines are enjoying rising earnings, fueled by increased cargo volume driven by the success of Chinese e-commerce firms in the region, according to data and industry officials, Monday.

Nov 25, 2024By Lee Min-hyung
Airlines enjoy earnings boosts from expanded Chinese e-commerce cargo

Korean, Japanese biz chambers agree to strengthen energy, supply chain ties

The Korea Chamber of Commerce and Industry (KCCI), a major Korean business lobby, on Monday held a meeting with its Japanese counterpart and agreed to strengthen ties in areas of energy, supply chains and advanced technologies.

Nov 25, 2024By Yonhap
Korean, Japanese biz chambers agree to strengthen energy, supply chain ties

Hyundai Motor, Kia, POSCO in dire need of gov't assistance amid Chinese competition

Hyundai Motor, Kia and POSCO are in urgent need of government assistance to thwart escalating pressure from their Chinese counterparts, as more price-competitive electric vehicles (EV) and steel products from Asia’s largest economy will make aggressive inroads into Korea in the era of U.S. President-elect Donald Trump, experts said Monday.

Nov 25, 2024By Lee Min-hyung
Hyundai Motor, Kia, POSCO in dire need of gov't assistance amid Chinese competition

Fortune names Samsung chairman one of 100 Most Powerful People in Business

Samsung Electronics Executive Chairman Lee Jae-yong made Fortune's list of the 100 Most Powerful People in Business, becoming the only Korean entrepreneur included.

Nov 25, 2024By Nam Hyun-woo
Fortune names Samsung chairman one of 100 Most Powerful People in Business
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