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Sat, September 23, 2023 | 20:32

Hyundai, Kia ask US court to reject car theft-related suits in 17 cities

Hyundai, Kia ask US court to reject car theft-related suits in 17 cities

Hyundai Motor and its smaller affiliate Kia said Wednesday they have asked a U.S. court to reject class-action lawsuits filed in 17 cities over a series of car thefts of their vehicles.

2023-09-13 15:02

Paris Baguette to open 150th store in North America

Paris Baguette to open 150th store in North America

SPC's Paris Baguette is set to open nine more shops in the United States and Canada this month marking the milestone 150th store opening for the major Korean bakery brand's North America operations.

Ko Dong-hwan | 2023-09-13 14:46

Samsung on track to achieve net zero by 2050: sustainability report

Samsung on track to achieve net zero by 2050: sustainability report

With the one year anniversary of Samsung Electronics' release of its mid- to long-term environmental management strategy nearing, the Korean tech giant has said it was on the path toward achieving net zero companywide by 2050.

2023-09-13 13:39

Incheon urged to maximize potential to replace Hong Kong

Incheon urged to maximize potential to replace Hong Kong

INCHEON - Incheon should take advantage of its location suitable for supplying renewable energies, as well as its status as the gateway for international interactions, to achieve its goal of becoming a global business hub replacing Hong Kong, according to foreign chambers of commerce in Korea, Tuesday.

Park Jae-hyuk | 2023-09-13 12:29

Hyundai Motor, union reach tentative wage deal

Hyundai Motor, union reach tentative wage deal

Hyundai Motor and its labor union reached a tentative wage agreement Tuesday, raising expectations of averting a strike for the fifth consecutive year, the company said.

2023-09-13 09:07

Korea urged to do more to bring back companies

Korea urged to do more to bring back companies

Economists and industry officials, Tuesday, called for the government to provide enhanced corporate tax incentives to repatriate the overseas production lines of local firms, promoting domestic economic growth and job creation in the face of rising global protectionism.

Lee Min-hyung | 2023-09-12 17:00

POSCO discusses growth strategy for key businesses

POSCO discusses growth strategy for key businesses

POSCO Group has discussed sustainable growth strategies for its seven core businesses, as part of efforts to catch up with a major industrial paradigm shift, the company said Tuesday.

Lee Min-hyung | 2023-09-12 15:01

Regulator fines Pokemon Korea over Lucky Boxes lacking sufficient information

Regulator fines Pokemon Korea over Lucky Boxes lacking sufficient information

Korea's antitrust regulator said Tuesday it has decided to slap a fine of 1 million won ($753) on Pokemon Korea for failing to display necessary information when selling its random boxes of toys.

2023-09-12 14:02

Kumho Tire workers threaten to strike, urge Doublestar to update local factories

Kumho Tire workers threaten to strike, urge Doublestar to update local factories

Kumho Tire is at risk of an all-out strike by its workers, as China's Doublestar, which acquired the Korean tire manufacturer in 2018, has not fulfilled its earlier pledge to make equipment investments in Kumho's two outdated factories here, according to industry officials, Monday.

Lee Min-hyung | 2023-09-12 08:26

Hyundai workers warn of partial strike for higher wages

Hyundai workers warn of partial strike for higher wages

Hyundai Motor said Monday its unionized workers have warned of a partial strike this week to demand higher wages after signing wage deals in the past four years without industrial actions, the company said Monday.

2023-09-11 17:49

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