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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.

SK chief wins chance to challenge $986 mil. divorce settlement

SK Group Chairman Chey Tae-won will be able to breathe a sigh of relief after the Supreme Court’s decision to review a lower court’s order requiring him to pay an astronomical amount of money to his estranged wife, Roh Soh-yeong, in their property division settlement, experts and industry officials said Sunday.

Nov 10, 2024By Lee Min-hyung
SK chief wins chance to challenge $986 mil. divorce settlement

Lotte, Shinsegae in limelight after Trump win

The reelection of former U.S. President Donald Trump has shed new light on Lotte and Shinsegae, as their chairmen's personal connections with the president-elect and his family members position them to serve as a bridge between the Korean business community and the incoming U.S. administration, amid growing uncertainties surrounding Trump’s trade policies.

Nov 10, 2024By Park Jae-hyuk
Lotte, Shinsegae in limelight after Trump win
  • Shinsegae chairman becomes 1st Korean to meet Trump after reelection

KT&G reports triple growth in global tobacco market

KT&G reported "triple growth" in on-demand product volume, overseas sales and earnings in the third quarter, positioning itself to become a top-tier global tobacco company.

Nov 10, 2024By Ko Dong-hwan
KT&G reports triple growth in global tobacco market

LG Energy Solution to supply next-gen cylindrical batteries to Rivian

LG Energy Solution will supply its cylindrical batteries equivalent to 67 gigawatt-hours to U.S. electric vehicle (EV) maker Rivian over the next five years, the battery giant said Friday.

Nov 8, 2024By Nam Hyun-woo
LG Energy Solution to supply next-gen cylindrical batteries to Rivian

INTERVIEW 'New coffee varieties will help poor exporting countries'

The world needs more new varieties of coffee beans so that bean farmers and producers concentrated in developing countries can make more profits and the global coffee market doesn't get monopolized by a few coffee-producing countries or roasters that offer limited choices, according to the head of World Coffee Research (WCR), a U.S.-based global organization dedicated to agricultural innovation for coffee supply.

Nov 8, 2024By Ko Dong-hwan
[INTERVIEW] 'New coffee varieties will help poor exporting countries'

POSCO unveils 15 firms permitted to use steelmaker’s name

The list of 15 companies that are permitted to use the “Steel by POSCO” trademark was posted on the steelmaker’s website on Monday to help consumers avoid the purchase of products made with low-quality steel materials.

Nov 7, 2024By Park Jae-hyuk
POSCO unveils 15 firms permitted to use steelmaker’s name

Korean Air poised to benefit from Trump presidency

Donald Trump's victory in the U.S. presidential elections come as a boon to Korean Air, as the flag carrier will be able to absorb more demand from American and Chinese passengers amid possibly heightened political friction between the world's top two economies, analysts said Thursday.

Nov 7, 2024By Lee Min-hyung
Korean Air poised to benefit from Trump presidency
  • Seoul prepares for Trump's impact on economy

Coupang chairman to sell 15 mil. shares in company, donate 2 mil.

Kim Bom, chairman and founder of Korean e-commerce giant Coupang, will unload 15 million shares in the company, while donating 2 million other shares to charity, company officials said Thursday.

Nov 7, 2024By Yonhap
Coupang chairman to sell 15 mil. shares in company, donate 2 mil.

GS Group, Notion form partnership for generative AI development

GS Group has clinched a partnership with Notion, a U.S.-based organizational tool software developer, in efforts to strengthen the group’s artificial intelligence (AI)-powered corporate culture, both firms said Thursday.

Nov 7, 2024By Lee Min-hyung
GS Group, Notion form partnership for generative AI development

Trump woos Korean shipbuilders

U.S. President-elect Donald Trump indicated his incoming administration’s intent to strengthen partnerships with Korean shipbuilders during a Thursday phone call with President Yoon Suk Yeol.

Nov 7, 2024By Park Jae-hyuk
Trump woos Korean shipbuilders
  • Trump expected to use economic leverage to enhance US influence on Korean firms
  • Korean trade authorities prepare trade shifts after Trump's victory
  • Seoul prepares for Trump's impact on economy
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