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Wed, November 29, 2023 | 21:37
Court ruling to put SK in limbo
The worst-case scenario has just unfolded for SK Group, as the top court Thursday upheld a lower court’s four-year prison sentence for its boss Chey Tae-won.
FTC rules in favor of Korean tech giant
The anti-trust watchdog on Wednesday rejected claims by Apple that Samsung’s counter-patent suit against the U.S. firm violates the country’s fair competition rules.
Allianz CI insurance gets popular
Allianz Life Insurance Korea’s life insurance product is becoming increasingly popular for its wide coverage of critical illnesses and damage cover for accidents.
Kwon shakes up POSCO board
POSCO’s new Chairman Kwon Oh-joon has taken the first step to overhaul the world’s fifth-largest steel maker by reshuffling its board members and establishing a risk-management entity.
Renault upgrades customer service
Renault Samsung Motors is strengthening its after-sales services.
Samsung to steal spotlight at MWC
Samsung Electronics will steal the spotlight at this year’s Mobile World Congress (MWC) when it unveils the “next big thing” for mobile consumers.
Local builders win mega deal in Iraq
A consortium of four major Korean builders, led by Hyundai Engineering & Construction (E&C), has bagged a $6.04 billion oil refinery contract from the Iraqi government, the company said Wednesday.
DSME opens R&D center for warships
Daewoo Shipbuilding & Marine Engineering (DSME), the world’s second-largest shipbuilder, has opened a research and development center specializing in warships, the company said Wednesday.
Controversial ruling hits Ssangyong
Ssangyong Motor Wednesday said it will appeal a recent controversial court ruling to nullify its layoffs in 2009, arguing that it has put the automaker’s years-long efforts to rebound on the verge of failure.
Toyota fined for safety rule breach
Toyota Motor Korea (TMK) will be fined 150 million won and be required to recall a number of its popular models for violating a safety regulation, the transport ministry said Monday.