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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.

Coupang under antitrust regulator's probe over service bundling allegations

The antitrust regulator said Monday that it is looking into e-commerce giant Coupang regarding allegations that it has unfairly bundled its food delivery service and music streaming platform while raising membership fees.

Aug 26, 2024By Yonhap
Coupang under antitrust regulator's probe over service bundling allegations

Hyundai Motor, Kia earn top ratings from global top agencies

Hyundai Motor and Kia have received A ratings from the world’s top three ratings agencies on their healthy financial management and flexible vehicle production capability, the carmakers said Monday.

Aug 26, 2024By Lee Min-hyung
Hyundai Motor, Kia earn top ratings from global top agencies

Power shortage risks rise as Hanam rejects KEPCO substation expansion

Concerns about a potential power shortage in Seoul and Gyeonggi Province are growing following Hanam City's rejection of Korea Electric Power Corp’s (KEPCO) plan to upgrade and expand its over 40-year-old substation in the city, according to industry watchers, Sunday.

Aug 25, 2024By Ko Dong-hwan
Power shortage risks rise as Hanam rejects KEPCO substation expansion
  • Why do power line expansions keep getting delayed in Korea?

Summer heat boosts shopping mall sales, demand for ready-to-eat meals

The record-breaking summer heat is driving more people to seek refuge in air-conditioned shopping malls and leading them to cook less at home, according to the country’s major shopping malls and superstore chains, Sunday.

Aug 25, 2024By Ko Dong-hwan
Summer heat boosts shopping mall sales, demand for ready-to-eat meals

Conglomerate leaders seek new business opportunities in Czech Republic

Leaders of Korea’s major conglomerates are seeking to create fresh business opportunities in Crezh Republic, particularly in the eco-friendly vehicle and energy sectors, according to company officials, Sunday.

Aug 25, 2024By Lee Min-hyung
Conglomerate leaders seek new business opportunities in Czech Republic

Dongsuh Foods showcases various beverages using Maxim instant coffee

Dongsuh Foods' café in Itaewon, Seoul, is gaining tourists' attention with its coffee-based beverages using the company's famous Maxim Mocha Gold instant coffee.

Aug 23, 2024By Nam Hyun-woo
Dongsuh Foods showcases various beverages using Maxim instant coffee

Financial authorities oppose restructuring of SK, Doosan

The government has indicated its opposition to merger plans proposed by SK and Doosan.

Aug 23, 2024By Park Jae-hyuk
Financial authorities oppose restructuring of SK, Doosan

Hanwha heir to buy W54.4 bil. worth of Hanwha Galleria shares

Kim Dong-sun, the third son of Hanwha Group Chairman Kim Seung-youn and vice president of Hanwha Galleria, will buy 54.4 billion won ($40.6 million) worth of Hanwha Galleria shares in a tender offer to strengthen his control over the commerce unit and buoy the company's bearish share prices.

Aug 23, 2024By Nam Hyun-woo
Hanwha heir to buy W54.4 bil. worth of Hanwha Galleria shares

Hyundai Motor adviser Sung Kim wins George F. Kennan Award

Sung Kim, former U.S. Special Representative for North Korea Policy and an adviser for Hyundai Motor, has been nominated as this year’s recipient of the George F. Kennan Award for Distinguished Public Service, the carmaker said, Friday.

Aug 23, 2024By Nam Hyun-woo
Hyundai Motor adviser Sung Kim wins George F. Kennan Award

Renault Korea's Grand Koleos SUV set to arrive soon

Renault Korea will begin delivering the Grand Koleos SUV to Korean consumers next month, it said Thursday.

Aug 22, 2024By Jhoo Dong-chan
Renault Korea's Grand Koleos SUV set to arrive soon
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