SEOUL, Dec. 15 (Yonhap) -- SsangYong Motor Co. said Tuesday it has missed the repayment of 60 billion won (US$54.8 million) of debt to its three creditors.
The South Korean subsidiary of Indian ...
20:32 Dec. 15
SEOUL, Dec. 15 (Yonhap) -- LG Group, South Korea's fourth-largest conglomerate, on Tuesday refuted claims that its planned spin-off of affiliates could undermine shareholder value, saying the move ...
13:48 Dec. 15
SEOUL, Dec. 15 (Yonhap) -- South Korean companies' earnings declined by the most in 11 years in 2019, as the manufacturing sector remained sluggish amid the global economic slowdown, data showed Tu...
12:00 Dec. 15
SEOUL, Dec. 15 (Yonhap) -- Hyundai Motor Group, South Korea's second-largest conglomerate, on Tuesday named the new CEO for its flagship unit in its latest senior executive reshuffle focusing on fu...
11:20 Dec. 15
SEOUL, Dec. 15 (Yonhap) -- South Korea's exports of information and telecommunication products surged 15.8 percent in November from a year earlier, extending their rise for the sixth consecutive mo...
11:00 Dec. 15
SEOUL, Dec. 15 (Yonhap) -- The number of overseas tourists visiting South Korea is expected to slump to the lowest level in 32 years amid the new coronavirus pandemic that has practically paralyzed...
10:53 Dec. 15
By Nam Kwang-sik
SEOUL, Dec. 15 (Yonhap) -- South Korean power plant builder Doosan Heavy Industries & Construction Co. said Tuesday that its U.S. unit Doosan GridTech Inc. has signed a 100 billio...
10:53 Dec. 15
SEOUL, Dec. 15 (Yonhap) -- Sales of excavators by Doosan Infracore Co. in China are expected to reach the highest in a decade this year on strong demand in the world's No. 2 economy, industry data ...
09:54 Dec. 15
SEOUL, Dec. 15 (Yonhap) -- Samsung Electronics Co. took the No. 1 position in the global foldable smartphone market this year with the launch of new devices, a report showed Tuesday, as it tries to...
09:26 Dec. 15
SEOUL, Dec. 15 (Yonhap) -- South Korea said Tuesday its outbound shipments to New Zealand will be completely tariff-free starting in 2021, a move that could help local exporters penetrate deeper in...
08:40 Dec. 15
SEOUL, Dec. 14 (Yonhap) -- SK Innovation Co. has invested in an electric vehicle (EV) battery plant in China in the latest move to boost its production capacity amid growing demand for zero-emissio...
21:11 Dec. 14
SEOUL, Dec. 14 (Yonhap) -- South Korea has established free Wi-Fi networks on around 35,000 city buses operating across the nation, allowing citizens aboard to access the internet free of charge an...
18:06 Dec. 14
SEOUL, Dec. 14 (Yonhap) -- Three consortia have submitted bids for financially troubled Hanjin Heavy Industries & Construction Co., its main creditor said Monday.
The three consortia include th...
17:48 Dec. 14
SEOUL, Dec. 14 (Yonhap) -- South Korea's Hyundai Motor Co. topped the global hydrogen vehicle sales in the first nine months of the year on rising demand for the Nexo model, data showed Monday.
...
13:46 Dec. 14
By Choi Soo-hyang
SEOUL, Dec. 14 (Yonhap) -- South Korea was the 10th-largest arms exporter in the 2015-2019 period, accounting for 2.1 percent of the world's total defense exports, an annual gover...
11:43 Dec. 14
By Nam Kwang-sik
SEOUL, Dec. 14 (Yonhap) -- Korea Shipbuilding & Offshore Engineering Co. said Monday that it has signed a 400 billion won (US$367 million) deal to build four crude carriers with a...
11:23 Dec. 14
By Kang Yoon-seung
SEOUL, Dec. 14 (Yonhap) -- South Korea's auto exports dropped 10.2 percent on-year in November, falling at a faster pace compared with the previous month, amid the global resurge...
11:00 Dec. 14
SEOUL, Dec. 14 (Yonhap) -- Unionized workers at Kia Motors Corp. will extend their partial strike this week to demand higher wages and bonuses amid the COVID-19 pandemic, the union said Monday.
...
08:54 Dec. 14
SEOUL, Dec. 13 (Yonhap) -- South Korean steelmaker POSCO said Sunday it will expand hydrogen production capacity in the next three decades to meet growing demand for the clean energy source and fos...
13:00 Dec. 13
SEOUL, Dec. 13 (Yonhap) -- Starbucks has opened seven new stores in South Korea, bringing the total number of outlets that the U.S. coffee giant has launched since its debut here 21 years ago to 1,...
11:38 Dec. 13
