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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 Group chairman appeals high court ruling on his divorce case

SK Group Chairman Chey Tae-won on Thursday appealed a high court's ruling ordering him to pay 1.38 trillion won ($1 billion) in property division to his estranged wife in the country's most expensive divorce suit, sources said.

Jun 20, 2024
SK Group chairman appeals high court ruling on his divorce case

Korea hints at penalizing Saudia Airlines for suspending Incheon-Riyadh route

The Ministry of Land, Infrastructure and Transport is hinting that Saudi Arabia’s state-run air carrier may face penalties for violating Korean law by planning to cancel flights between Seoul and Riyadh without obtaining prior approval from the government, according to the ministry, Thursday.

Jun 20, 2024By Ko Dong-hwan
Korea hints at penalizing Saudia Airlines for suspending Incheon-Riyadh route

SK set to divest non-core affiliates amid worsening profits

SK Group will merge its affiliates doing similar businesses and replace more senior executives in a bid to improve its worsening business performance, according to industry officials, Thursday.

Jun 20, 2024By Park Jae-hyuk
SK set to divest non-core affiliates amid worsening profits

McDonald's Korea halts sales of french fries due to concerns about 'substandard' frozen potato

McDonald's Korea, the local unit of fast food giant McDonald's, said Thursday it has been forced to halt sales of french fries because of concerns about "substandard" frozen potato.

Jun 20, 2024
McDonald's Korea halts sales of french fries due to concerns about 'substandard' frozen potato

Construction firms on alert as early heat wave grips Korea

An early heat wave gripping the country is raising concerns over heat-related illnesses among workers at construction sites this summer. Construction companies are on high alert to prevent such illnesses and potential casualties, especially after the introduction of a law that holds company heads accountable for worker deaths resulting from a failure to comply with safety protocols.

Jun 20, 2024By Park Jae-hyuk
Construction firms on alert as early heat wave grips Korea

Hyundai Steel increases production of earthquake-resistant steel beams

Hyundai Steel is increasing production of construction beams with strengthened earthquake resistance as the natural disaster is occurring more frequently at stronger magnitudes in the country, according to the country’s major steelmaker Thursday.

Jun 20, 2024By Ko Dong-hwan
Hyundai Steel increases production of earthquake-resistant steel beams

EU 'ready to react appropriately' against possible safety issues involving T'way's European routes: EASA

The European Union's aviation safety authority will be "ready to react appropriately" against possible flight maintenance issues of the European operation of Korean low-cost carrier T'way Air, which has recently been plagued by frequent delays due to aircraft maintenance issues, an agency spokesperson said Thursday.

Jun 20, 2024
EU 'ready to react appropriately' against possible safety issues involving T'way's European routes: EASA

IKEA expands price cuts in Korea

Swedish furniture giant IKEA said Thursday it has expanded price cuts on its products in Korea to provide more products at lower prices.

Jun 20, 2024
IKEA expands price cuts in Korea

Korea conducts probe into imported Toyota, Yamaha models over fraudulent Japanese testing

 

Jun 20, 2024
Korea conducts probe into imported Toyota, Yamaha models over fraudulent Japanese testing

Aqua Planet 63 to close this month after 39 years

Korea's oldest existing public aquarium, Aqua Planet 63, will permanently close on June 30 after 39 years of operation, according to its announcement posted earlier this week.

Jun 19, 2024By Jung Min-ho
Aqua Planet 63 to close this month after 39 years
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