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Hyundai Heavy Industries, South Korea’s largest shipbuilder, will file a suit for damages this week against its labor union over disruptive action at the company‘s shareholders meeting in May and ill...
South Korea is sparing no efforts to persuade the international community this week to help press Japan withdraw its export restrictions on high-tech materials and impugn Tokyo’s reasoning behind its...
Doosan Corp., a major fuel cell power systems developer in South Korea, said on July 16 it has signed an agreement with British fuel cell technology firm Ceres Power to co-develop a solid oxide fuel ...
Lotte Chemical said on July 15 it will establish a petrochemical joint venture with GS Energy. The two companies signed an agreement to form a JV, tentatively named Lotte-GS Chemical Co., this ye...
Posco International, the trade and resources development arm of Posco, said on July 14 it sent some 30 executives and employees to Papua, Indonesia, for medical volunteer work. Together with 30 medi...
Samsung Heavy Industries said on July 11 that it has clinched a deal worth 147 billion won ($124 million) to build two crude carriers. Under the deal with a Panamanian shipping firm, Samsung Heav...
Doosan Infracore said on July 11 it has opened an engine training center in Vietnam to expand its presence in the Southeast Asian market. The center in Ho Chi Minh will provide services, includin...
Samsung Heavy Industries said on July 11 it will build a research and development facility to boost its competitiveness in technologies related to liquefied natural gas. The shipbuilder said it h...
LG Chem will try to quintuple its electric vehicle battery business by 2024, the company’s CEO said on July 9. CEO Shin Hak-cheol said the company is targeting 59 trillion won ($49.9 billion) in ...
South Korea maintained the top spot in global shipbuilding orders for the second straight month last month, industry data showed on July 9. In June, local shipyards won orders totaling 340,000 co...
The Korea Electric Power Corp. plans to sell stake in its two affiliates, officials at the state-run utility company said on July 8, in a bid to improve its financial status. The two affiliates a...
Samsung Heavy Industries said July 8 it has successfully built the world’s largest container vessel. The shipbuilder said one of the six 23,000 20-foot equivalent unit-class container ships order...
Hanjin Heavy Industries & Construction, a midsize shipbuilding and construction company in South Korea, said on July 4 it has signed a strategic partnership with a Filipino builder to win infrastruct...
Hyundai Glovis said on July 4 it has expanded sales network in India to strengthen its presence in the emerging market. The company has recently set up sales offices in the northern Indian city o...
SoftBank CEO Masayoshi Son, also known as Son Jeong-Ui in South Korea, will visit Seoul on July 4 and meet with heads of conglomerates including Samsung Group’s Lee Jae-young, local media reported on...
Russia approves HDC’s Asiana takeover, final stage for merger deal cleared: HDC
Hyundai Mobis invests W25b in US tech funds for future mobility
Korean PEF inches closer to KDB Life acquisition
Authorities to expand local companies’ access to financial database
Kakao Pay Securities highlights fun factor in stock trading
Watchdog urges full compensation for damages from ponzi-involved Lime fund
Seoul emerges top 20 in global startup ecosystem report
FSS finds no proof on alleged hacking attempts of Toss: sources
July 08, 2020
