Business - The Korea Times

Chaebol chiefs mourn Vietnamese leader's death

The heads of Korea’s largest conglomerates mourned the death of Vietnam’s Communist Party General Secretary Nguyen Phu Trong by visiting a memorial altar at the Vietnamese Embassy in Seoul during a two-day state funeral that took place between Thursday and Friday.

Jul 26, 2024By Park Jae-hyuk

Chaebol chiefs mourn Vietnamese leader's death

Reporter's Notebook Korean biz lobby promptly mourns Vietnamese leader's death

Korean construction equipment makers eye rebound with potential Trump win

Korean construction equipment manufacturers are cautiously optimistic about a potential rebound in global demand for heavy machinery if U.S. Republican presidential nominee Donald Trump returns to the White House.

Jul 26, 2024By Park Jae-hyuk

Korean construction equipment makers eye rebound with potential Trump win

AI, electric utility, transportation stocks to benefit from potential Trump return

POSCO Holdings Q2 net income down 37.5% to $360.6 mil.

POSCO Holdings on Thursday reported its second-quarter net profit of 500 billion won ($360.6 million), down 37.5 percent from a year earlier.

Jul 26, 2024By Yonhap

POSCO Holdings Q2 net income down 37.5% to $360.6 mil.

Presidential office 'closely watching' situation at WeMakePrice, TMON

The presidential office said Friday it is "closely watching" the uproar over delayed payments on e-commerce platforms WeMakePrice and TMON, but referred detailed questions to the ministries in charge.

Jul 26, 2024By Yonhap

Presidential office 'closely watching' situation at WeMakePrice, TMON

Hanwha Ocean picked as preferred bidder for Korean Navy's logistics support ship

Hanwha Ocean, a shipbuilding and defense industry unit of Korea's Hanwha Group, said Friday it has been selected as the preferred bidder for the 460.1 billion-won ($332.2 million) project to build the South Korean Navy's logistics support ship, AOE-II.

Jul 26, 2024By Yonhap

Hanwha Ocean picked as preferred bidder for Korean Navy's logistics support ship

Customers throng TMON, WeMakePrice for refunds as liquidity woes persist

Thousands of customers have swarmed the headquarters of TMON and WeMakePrice, two local affiliates of Singapore-based e-commerce platform Qoo10 Group, to seek refunds, according to company officials on Friday, as payment delays by the two online marketplaces sparked liquidity woes among sellers.

Jul 26, 2024By Yonhap

Customers throng TMON, WeMakePrice for refunds as liquidity woes persist

Hyundai Motor reports highest quarterly earnings on improved sales mix

Hyundai Motor set a new quarterly earnings record between April and June on its improved vehicle sales mix, focusing on profitable hybrid cars even amid falling demand for electric vehicles (EV), the carmaker said in a regulatory filing Thursday.

Jul 25, 2024By Lee Min-hyung

Hyundai Motor reports highest quarterly earnings on improved sales mix

Homeplus begins 'Summer Super Sale'

Homeplus has begun its "Summer Super Sale" discount event on Thursday, which is to run until Aug. 14.

Jul 25, 2024By Jhoo Dong-chan

Mercedes-Maybach EQS 680 SUV debuts

Mercedes-Benz Korea CEO Mathias Vaitl poses with the Mercedes-Maybach EQS 680 SUV during its launch event in Seoul, Thursday. The luxury electric SUV offers an extremely high level of comfort and unmatched luxurious driving experiences, according to the German automaker. The vehicle features twin electric motors and will be available for sale in August. Courtesy of Mercedes-Benz Korea

Jul 25, 2024By Lee Min-hyung

FTC inspects Qoo10 subsidiaries as bankruptcy jitters escalate

The nation's antitrust watchdog initiated an emergency on-site inspection into the headquarters of TMON and WeMakePrice, Thursday, as the two online shopping platforms face potential insolvency, with reported delays in payments to sellers and refunds to customers.

Jul 25, 2024By Lee Min-hyung

Companies

Chaebol chiefs mourn Vietnamese leader's death

Korean construction equipment makers eye rebound with potential Trump win

POSCO Holdings Q2 net income down 37.5% to $360.6 mil.

Presidential office 'closely watching' situation at WeMakePrice, TMON

Hanwha Ocean picked as preferred bidder for Korean Navy's logistics support ship

Customers throng TMON, WeMakePrice for refunds as liquidity woes persist

Hyundai Motor reports highest quarterly earnings on improved sales mix

Homeplus begins 'Summer Super Sale'

Mercedes-Maybach EQS 680 SUV debuts

FTC inspects Qoo10 subsidiaries as bankruptcy jitters escalate

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