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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.

Hyundai deepens India bet, files for IPO that could be country's biggest

Hyundai Motor's India unit sought regulatory approval on Saturday for a stock market listing in Mumbai which could be the nation's biggest and will see the Korean parent sell a stake of up to 17.5 percent in the company.

Jun 16, 2024
Hyundai deepens India bet, files for IPO that could be country's biggest

Korea, Uzbekistan forge ties in mineral supply chains, cutting-edge tech

Korea and Uzbekistan agreed to enhance their partnerships in mineral supply chains and cutting-edge technology, they said on the sidelines of their bilateral business forum on Friday.

Jun 14, 2024By Lee Min-hyung
Korea, Uzbekistan forge ties in mineral supply chains, cutting-edge tech

Air Incheon reportedly picked as preferred bidder for Asiana Airlines' cargo unit

Air Incheon, South Korea's cargo airline, has been reportedly selected as the preferred bidder to acquire the cargo division of full-fledged carrier Asiana Airlines, according to industry sources Friday.

Jun 14, 2024
Air Incheon reportedly picked as preferred bidder for Asiana Airlines' cargo unit

Hyundai to sell up to 17.5 percent stake in India unit IPO, sources say

Hyundai Motor is looking to sell a stake of up to 17.5 percent in the planned initial public offering of its India unit to raise up to $3 billion, three sources familiar with the matter said, in what could be India's biggest ever IPO.

Jun 14, 2024
Hyundai to sell up to 17.5 percent stake in India unit IPO, sources say

Science ministry to revoke license of new mobile carrier Stage X due to funding questions

Second Vice Science Minister Kang Do-hyun said Friday that the ministry will cancel the license of Stage X as a new mobile carrier due to the company's failure to secure paid-in capital and meet other requirements.

Jun 14, 2024
Science ministry to revoke license of new mobile carrier Stage X due to funding questions

Georgia Gov. Kemp meets top executives at Hyundai, SK in Seoul

Gov. Brian Kemp of the U.S. state of Georgia has met with top executives at Hyundai Motor and SK groups in Seoul this week to discuss ongoing business partnerships, according to industry sources Friday.

Jun 14, 2024
Georgia Gov. Kemp meets top executives at Hyundai, SK in Seoul

Hyundai Rotem secures 1st high-speed train export deal in Uzbekistan

Korean train manufacturer Hyundai Rotem signed a contract to supply high-speed trains to Uzbekistan on Friday during President Yoon Suk Yeol's state visit to the Central Asian nation, marking the first export of bullet trains built with homegrown technology.

Jun 14, 2024
Hyundai Rotem secures 1st high-speed train export deal in Uzbekistan

Coupang escalates tit-for-tat with antitrust watchdog

Coupang is stepping up counteractions against the nation’s antitrust watchdog, in response to what experts and industry officials describe as "excessive and unjust" sanctions imposed on the leading e-commerce firm.

Jun 14, 2024By Lee Min-hyung
Coupang escalates tit-for-tat with antitrust watchdog

HD Hyundai-Hanwha rivalry leads to conflict between municipalities

The Geoje city government is actively opposing HD Hyundai Heavy Industries (HHI) to help Hanwha Ocean secure a contract for the Republic of Korea Navy's next-generation destroyers. Geoje Island, located in the southeast, is home to Hanwha Ocean's shipyard.

Jun 14, 2024By Park Jae-hyuk
HD Hyundai-Hanwha rivalry leads to conflict between municipalities

T'way Air passengers stranded at airport for 11 hours after technical issues

Passengers of T’way Air who were bound for Osaka, Japan, were stranded at Incheon International Airport for 11 hours because of technical issues, the airport operator said on Friday.

Jun 14, 2024By Jung Min-ho
T'way Air passengers stranded at airport for 11 hours after technical issues
  • T'way Air ordered to take measures over repeated safety, delay issues
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