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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.

Westinghouse feud complicates Korea's Czech nuclear deal

A U.S. nuclear energy firm's objection to the Czech Republic's choice of Korea as the preferred bidder for building two nuclear power units in the Central European country is feared to disrupt the project.

Aug 27, 2024By Ko Dong-hwan
Westinghouse feud complicates Korea's Czech nuclear deal

POSCO faces union backlash over restructuring plan

POSCO Group’s labor and management are at odds as the nation’s fifth-largest business group prepares to restructure unprofitable and non-core assets to secure cash for shareholder returns and investments in its core businesses.

Aug 27, 2024By Park Jae-hyuk
POSCO faces union backlash over restructuring plan

SK strengthens energy portfolio by merging SK Innovation, SK E&S

SK Innovation shareholders approved the firm's high-profile merger with SK E&S in a landslide vote of 85.75 percent on Tuesday, paving the way for the launch of a mega-sized energy company.

Aug 27, 2024By Lee Min-hyung
SK strengthens energy portfolio by merging SK Innovation, SK E&S

Medytox's No. 3 factory allowed to produce Neuramis for Ukraine

Medytox’s No. 3 factory in Cheongju, North Chungcheong Province, has received approval from the Ukrainian Center for Medical Certification and Prognostication for the production and export of the company’s hyaluronic acid (HA) filler, Neuramis.

Aug 27, 2024By Park Jae-hyuk
Medytox's No. 3 factory allowed to produce Neuramis for Ukraine

SK Innovation-SK E&S merger set to create biggest private energy firm in Asia

Shareholders of SK Innovation and its energy affiliate SK E&S on Tuesday overwhelmingly approved a proposed merger of the two companies that would create the largest private energy company in the Asia-Pacific region.

Aug 27, 2024By Yonhap
SK Innovation-SK E&S merger set to create biggest private energy firm in Asia

Combined net profit of credit card firms grows 5.8% in H1

Credit card companies in Korea saw their combined net profit rise from a year earlier in the first six months of the year, helped by an increase in sales, data showed Tuesday.

Aug 27, 2024By Yonhap
Combined net profit of credit card firms grows 5.8% in H1

Westinghouse protests Czech decision to pick S. Korea's KHNP as preferred bidder

A U.S. nuclear energy firm has filed an appeal with the Czech Republic to protest last month's decision to select a South Korean company as the preferred bidder to build two nuclear power units in the Central European country, it said Monday.

Aug 27, 2024By Yonhap
Westinghouse protests Czech decision to pick S. Korea's KHNP as preferred bidder

US agency to reexamine permit for Hyundai's $7.6 billion electric vehicle plant in Georgia

A federal agency plans to reassess its environmental permit for Hyundai's $7.6 billion electric vehicle plant in Georgia after a conservation group complained that regulators failed to properly examine the sprawling factory's potential impacts on the area's water supply.

Aug 27, 2024By AP
US agency to reexamine permit for Hyundai's $7.6 billion electric vehicle plant in Georgia

Samsung chief invests in young people for WorldSkills Lyon

The chief of Samsung Electronics is investing in the nation’s young people to prepare them for this year’s WorldSkills Competition, a biennial global event that will be held in Lyon, France, next month, according to the global company on Monday.

Aug 26, 2024By Ko Dong-hwan
Samsung chief invests in young people for WorldSkills Lyon

POSCO starts unloading non-core assets

POSCO Group’s restructuring of unprofitable assets has begun, starting with POSCO Future M’s divestment from P&O Chemical, a joint venture with polysilicon maker OCI.

Aug 26, 2024By Park Jae-hyuk
POSCO starts unloading non-core assets
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