Eximbank provides $150 mil. for UAE solar power generation project

The Export-Import Bank of Korea (Eximbank) is providing $150 million in project financing for the...

More firms delist due to stringent Corporate Value-up Program requirements

An increasing number of companies in Korea are opting to delist from the stock market...

Hyundai Motor completes EV production ecosystem in Indonesia

Hyundai Motor Group has established a complete production chain for electric vehicles (EV) in Indonesia,...

Unionized workers at Hyundai Motor to refuse overtime work from next week

Unionized workers at Hyundai Motor Co. have decided to refuse to work overtime on Saturdays...

Son of Lotte chairman elected to board of directors at Lotte Holdings in Japan

The only son of Lotte Group Chairman Shin Dong-bin on Wednesday has been elected to...

T’way Air, Air Premia, Korean Air face safety probes ahead of peak travel season

T’way Air, Air Premia and Korean Air are facing safety probes from the transport ministry...

KEPCO to freeze Q3 electricity rates amid inflationary pressure

The state power utility will freeze the third-quarter electricity rates for a high demand season...

Hyundai Steel increases production of earthquake-resistant steel beams

Hyundai Steel is increasing production of construction beams with strengthened earthquake resistance as the natural...

HLB bioStep aims for global expansion into beauty care, animal pharmaceuticals

HLB bioStep, an affiliate of HLB Group, aims to enter the global market by acquiring...

Samsung’s S24 Ultra to power Paris Olympics broadcast

Samsung Electronics plans to provide live broadcast support for the 2024 Paris Olympics opening ceremony...