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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.

POSCO Holdings' Q3 net down 9.1% amid global steel industry slump

POSCO Holdings said Wednesday its third-quarter net income dropped 9.1 percent on-year due to a slump in the global steel industry and stagnation of electric vehicle demand.

Oct 30, 2024By Yonhap
POSCO Holdings' Q3 net down 9.1% amid global steel industry slump

POSCO Future M swings to loss in Q3

POSCO Future M on Wednesday reported its third-quarter net loss of 1.2 billion won ($867,177), turning from a profit of 23.2 billion won a year earlier.

Oct 30, 2024By Yonhap
POSCO Future M swings to loss in Q3

IFEZ hosts info session for foreign school in Midan City

The Incheon Free Economic Zone (IFEZ) Authority successfully held an information session to select a foreign school foundation for a new international school in Midan City, in Incheon's Yeongjong International City, Monday.

Oct 30, 2024By Kang Seung-woo
IFEZ hosts info session for foreign school in Midan City

Samsung SDI Q3 net profit down 63% to $166.5 mil.

Samsung SDI, a major Korean battery maker, said Wednesday its third-quarter net profit plunged 63 percent from a year earlier due to a slowdown in electric vehicle sales.

Oct 30, 2024By Yonhap
Samsung SDI Q3 net profit down 63% to $166.5 mil.

Hyundai Motor signs 610 GWh renewable energy deal with domestic partners

Hyundai Motor said Wednesday it has signed a 610-gigawatt-hour (GWh) power purchase agreement (PPA) with SK E&S and other partners, the latest in its renewable energy transition efforts.

Oct 30, 2024By Yonhap
Hyundai Motor signs 610 GWh renewable energy deal with domestic partners

New car sales dips to 11-year low for Jan.-Sept. period amid high interest rates

New automobile sales during the first nine months of the year fell over 8 percent from a year earlier amid high borrowing costs and a slowdown in global electric vehicle demand, industry data showed Wednesday.

Oct 30, 2024By Yonhap
New car sales dips to 11-year low for Jan.-Sept. period amid high interest rates

LG Chem to strengthen presence in automotive adhesives market

LG Chem, Korea's leading chemical firm, said Wednesday it will strengthen its presence in the global automotive adhesives market under its business diversification strategy.

Oct 30, 2024By Yonhap
LG Chem to strengthen presence in automotive adhesives market

Samsung SDS Q3 net income up 5.2% to $134.2 mil.

Samsung SDS on Wednesday reported its third-quarter net income of 185.8 billion won ($134.2 million), up 5.2 percent from a year earlier.

Oct 30, 2024By Yonhap
Samsung SDS Q3 net income up 5.2% to $134.2 mil.

Moguls gather in Riyadh to find answers to global challenges

RIYADH — The eighth Future Investment Initiative (FII) Conference kicked off in Saudi Arabia’s capital city of Riyadh, Tuesday (local time), aiming to shed light on the most critical challenges the world is facing today.

Oct 29, 2024By Park Jae-hyuk
Moguls gather in Riyadh to find answers to global challenges

K-beauty firms prepare for November shopping frenzy

Cosmetic firms in Korea have begun running their manufacturing plants at full capacity as they expect global demand for their beauty products to skyrocket with Black Friday and Singles’ Day in the next month, according to industry officials, Tuesday.

Oct 29, 2024By Ko Dong-hwan
K-beauty firms prepare for November shopping frenzy
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