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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 Future M scales back investments amid EV glut

POSCO Future M has delayed and canceled its planned investments to improve profitability amid a lingering slump in the rechargeable battery industry caused by a slowdown in global demand for electric vehicles (EVs).

Sep 9, 2024By Park Jae-hyuk
POSCO Future M scales back investments amid EV glut

Korail, SR alarmed by large no-shows before Chuseok

Korail and SR, operators of South Korea’s two fastest railway services, have introduced plans to address an expected surge in seat cancellations with one of the country’s major holidays approaching in less than a week, the state-run railways said Sunday.

Sep 8, 2024By Ko Dong-hwan
Korail, SR alarmed by large no-shows before Chuseok

Former vice land minister appointed to lead ICAK

The International Contractors Association of Korea (ICAK) held an extraordinary general meeting of its members, Thursday, to appoint former Vice Minister of Land, Transport and Maritime Affairs Han Man-hee as the 20th chairman to lead the association over the next three years.

Sep 7, 2024By Park Jae-hyuk
Former vice land minister appointed to lead ICAK

Samsung Electronics vice chair buys 739 mil. won worth of company shares

Samsung Electronics Vice Chairman Han Jong-hee has purchased 739 million won ($555,600) worth of company shares, financial data showed Friday, in a move seen as part of broader efforts to support the company's share price.

Sep 6, 2024By Yonhap
Samsung Electronics vice chair buys 739 mil. won worth of company shares

Court of appeals upholds acquittal of SPC Group chief in breach of trust case

A court of appeals on Friday upheld the acquittal of Hur Young-in, the chairman of the nation's largest bakery chain, SPC Group, in controversial stock trading among group affiliates that was seen by prosecutors as suspected breach of trust and tax evasion.

Sep 6, 2024By Yonhap
Court of appeals upholds acquittal of SPC Group chief in breach of trust case

POSCO hosts event to boost innovation at startups

POSCO Group held a startup pitch event, Wednesday, with a group of promising companies to drive their innovation.

Sep 6, 2024By Lee Min-hyung
POSCO hosts event to boost innovation at startups

Korea mandates disclosure of EV battery information

The government decided Friday to mandate the disclosure of electric vehicle (EV) battery information and implement a string of other countermeasures to alleviate escalating fears of reported EV fires.

Sep 6, 2024By Lee Min-hyung
Korea mandates disclosure of EV battery information

KHNP plans to invest $40 mil. in Bill Gates' TerraPower

The state-run Korea Hydro & Nuclear Power (KHNP) plans to invest $40 million in TerraPower LLC, a U.S. small-sized nuclear reactor company founded by Bill Gates, an industry source said Friday.

Sep 6, 2024By Yonhap
KHNP plans to invest $40 mil. in Bill Gates' TerraPower

Korean cosmetics makers eye India's booming market

Korean beauty companies are ramping up efforts in India, where an increasing segment of the 1.45 billion-strong population is expressing interest in cosmetics and anti-aging products, according to industry officials, Friday.

Sep 6, 2024By Ko Dong-hwan
Korean cosmetics makers eye India's booming market

Health tech startups seek investments at LG Super Start Day

LG Group's annual startup festival showcased how technology can improve people's health with innovative smart solutions and devices.

Sep 5, 2024By Lee Min-hyung
Health tech startups seek investments at LG Super Start Day
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