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Reporter : Park Jae-hyuk
Sat, December 9, 2023 | 17:50
Hanwha Aerospace's plan to acquire space technologies from gov't hits snag
State-sponsored space rocket researchers, who tried to join Hanwha Aerospace, were referred to prosecutors last week for alleged industrial espionage, according to the government and sources familiar with this matter, Tuesday.
Oceans minister vows to enhance cooperation with China over maritime affairs
SEJONG - Korea seeks continuous cooperation with China in maritime affairs, Minister of Oceans and Fisheries Cho Seung-hwan said Monday, while explaining the purpose of his attendance at the third Belt and Road Forum for International Cooperation in Beijing, Oct. 18.
Hanwha Ocean seeks greener, smarter shipyard
GEOJE, South Gyeongsang Province - Warning messages written in seven different languages were seen at every corner of Hanwha Ocean’s shipyard on the southeastern island of Geoje last Friday, indicating the importance of migrant labor in the Korean shipbuilding industry.
Busan to keep up efforts for Expo bid until final moment
Korea will continue with its all-out efforts to support Busan’s bid to host the World Expo 2030, until the election for the international event’s host city, which is now less than a month away, according to government and industry officials, Sunday.
Grandsons carry on late Hyundai Group founder's legacy in Middle East
The two grandsons of late Hyundai Group founder Chung Ju-yung were the businesspeople who attracted the greatest amount of attention among a 200-member-strong Korean business delegation that accompanied President Yoon Suk Yeol on his recent state visit to Saudi Arabia and Qatar.
Samsung chief returns from Saudi Arabia to commemorate his late father
The family that owns a controlling stake in Samsung Group gathered for a ceremony at a private burial ground in Suwon, Gyeonggi Province, Wednesday, to commemorate the third anniversary of late Chairman Lee Kun-hee’s death.
Kakao faces biggest crisis since its foundation
Kakao’s acquisition of SM Entertainment earlier this year ended up causing the biggest crisis for the company since its foundation in 2006, exposing the founder and top executives to possible prison time on stock price manipulation charges, according to industry officials, Wednesday.
Police probe mysterious sales of jailed EcoPro founder's shares
A police investigation is underway over a series of attempts last week to sell 2.5 billion won ($1.9 million) worth of EcoPro stocks owned by Lee Dong-chae, the company’s imprisoned founder, according to the battery materials firm, Tuesday.
Korea moves closer to 2nd construction boom in Middle East
President Yoon Suk Yeol’s state visit to Saudi Arabia this week paved the way for Korea to achieve its ambitious plan to win $50 billion in overseas construction orders every year until 2027, via a second construction boom in the Middle East, according to the land ministry, Tuesday.
Samsung SDI to supply EV batteries to Hyundai Motor in Europe
Samsung SDI signed a contract with Hyundai Motor to supply batteries from 2026 to 2032 for the carmaker’s next-generation electric vehicles (EVs) targeting the European market, the battery maker said Monday.
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