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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.

SK struggles to calm workers protesting merger plan

SK Group is facing a backlash from employees of SK Innovation and SK E&S over the planned merger of the two energy affiliates, which is partially intended to support the money-losing battery unit SK On, according to industry officials, Tuesday.

Jul 23, 2024By Park Jae-hyuk
SK struggles to calm workers protesting merger plan

FDA approves Samsung Bioepis' Epysqli as cost-effective biosimilar to Soliris, offering new hope for patients

The U.S. Food and Drug Administration (FDA) has approved Samsung Bioepis' Epysqli as a biosimilar to Soliris, one of the most expensive drugs used for treating patients with paroxysmal nocturnal hemoglobinuria (PNH) and atypical hemolytic uremic syndrome (aHUS).

Jul 23, 2024By Nam Hyun-woo
FDA approves Samsung Bioepis' Epysqli as cost-effective biosimilar to Soliris, offering new hope for patients

Hyundai Motor supplies EV buses to Japan's Iwasaki

Hyundai Motor will supply its electric buses to Japan’s Iwasaki Group, enabling the tourism service firm to operate a total of five Elec City vehicles on routes on Yakushima Island, a tropical island off the southern coast of Kyushu, Japan, the Korean automaker announced Tuesday.

Jul 23, 2024By Lee Min-hyung
Hyundai Motor supplies EV buses to Japan's Iwasaki

Talks between Samsung Electronics and striking workers end without agreement

Samsung Electronics Co. and its largest labor union resumed wage talks Tuesday but failed to reach an agreement, informed sources said.

Jul 23, 2024By Yonhap
Talks between Samsung Electronics and striking workers end without agreement

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

Senior executives of the Korea Chamber of Commerce and Industry (KCCI) were busy last Friday checking messages from Vietnam, during the last dinner at the 47th KCCI Jeju Forum, the leading business lobby’s largest event of the year.

Jul 23, 2024By Park Jae-hyuk
[Reporter's Notebook] Korean biz lobby promptly mourns Vietnamese leader's death
  • Chaebol chiefs mourn Vietnamese leader's death

Trilateral partnership to train US shipbuilding experts

Shin Jong-gye, second from left, technical adviser to HD Korea Shipbuilding & Offshore Engineering (KSOE), poses with U.S. Secretary of the Navy Carlos Del Toro, left, Senior Adviser to the Secretary of the Navy Steve Brock, second from right, and Jonathan Page, naval architecture and marine engineering professor at the University of Michigan, after signing a memorandum of understanding to nurture U.S. shipbuilding experts at Macomb Community College in Michigan, Monday (local time). HD Hyundai, the parent firm of HD KSOE, said Tuesday that it agreed with the University of Michigan and Seoul National University to jointly train marine engineers in the U.S. Courtesy of HD Hyundai

Jul 23, 2024By Park Jae-hyuk
Trilateral partnership to train US shipbuilding experts

Kakao founder arrested over alleged stock manipulation

The founder of Korean tech giant Kakao was arrested Tuesday on charges of stock price manipulation related to the firm's takeover of K-pop powerhouse SM Entertainment last year, prosecutors said.

Jul 23, 2024By Yonhap
Kakao founder arrested over alleged stock manipulation

Korean Air to order up to 50 wide-body aircraft from Boeing for estimated $22 bil.

Korean Air signed a memorandum of understanding (MOU) with Boeing in the U.K. on Monday (local time), marking a significant commitment to expand its fleet with the purchase of 20 Boeing 777-9 aircraft and 20 Boeing 787-10 Dreamliners, with an option to purchase 10 more of the largest variant of the 787 Dreamliner in the future, the airline said on Monday.

Jul 22, 2024By Park Jae-hyuk
Korean Air to order up to 50 wide-body aircraft from Boeing for estimated $22 bil.

Yoon could send special envoy to Czech Republic to follow up on nuclear plant talks

President Yoon Suk Yeol is considering sending a special envoy to the Czech Republic to follow up on discussions about Korean nuclear power plant exports, his office said Monday, after a Korean consortium was selected as a preferred bidder to build two nuclear reactors in the European country.

Jul 22, 2024By Yonhap
Yoon could send special envoy to Czech Republic to follow up on nuclear plant talks

Major conglomerates remain undecided on FKI membership dues

Korea's major conglomerates have yet to decide whether to pay membership fees to the Federation of Korean Industries (FKI) — once considered the nation's most influential business lobby, according to industry officials, Monday.

Jul 22, 2024By Lee Min-hyung
Major conglomerates remain undecided on FKI membership dues
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