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Reporter : Lee Min-hyung
Sun, December 10, 2023 | 10:35
Korea-Ireland business roundtable
Korea Enterprises Federation Chairman Sohn Kyung-shik, front row fifth from left, poses with Ireland’s Trade Minister Simon Coveney, front row sixth from left, before holding a meeting with the latter’s delegation to discuss ways of enhancing economic and business ties between the two countries. Courtesy of Korea Enterprises Federation
Asiana Airlines grapples with mounting debt amid delayed acquisition by Korean Air
Asiana Airlines is struggling with worsening finances, as the planned acquisition by Korean Air has hit a snag following an unexpected disruption in the cash-strapped airline’s recent board meeting.
EcoPro, ioneer partner for lithium business
EcoPro Innovation CEO Kim Yoon-tae, right, poses with ioneer Chairman James Calaway at the Korean company’s office in the southeastern port city of Pohang, Oct. 31. Both sides agreed to pursue joint development of lithium in the U.S. state of Nevada, which is home to a lithium mine. Courtesy of EcoPro Innovation
Hankook Tire's iON raises global profile amid booming EV industry
Hankook Tire is expanding its global profile with an electric vehicle (EV)-specific tire brand known as iON, which feature quick responsiveness and noise suppression, the Korean tire maker said Tuesday.
Korean Air delays submission of documents to EC for Asiana takeover
Korean Air will delay submission of ammended documents to the European Commission (EC) for the takeover of Asiana Airlines, after the latter's overnight board meeting ended in stalemate, according to company officials Tuesday.
POSCO Future M rated 'A' for ESG management
POSCO Future M has achieved an environmental, social and corporate governance (ESG) rating of “A,” an upgrade of one level from a year earlier, from Korea’s most influential ESG ratings agency, the company said Monday.
Hyundai, LG, Samsung to realign EV strategies amid falling demand
Hyundai Motor, LG Energy Solution and Samsung SDI are expected to realign their respective electrification strategies due to a possible earnings slowdown triggered by slowing electric vehicle (EV) demand here and abroad, market analysts and industry officials said Sunday.
SK teams up with Vietnam for net-zero initiative
SK Group Chairman Chey Tae-won has pledged to build a green business framework with Vietnam for the latter’s transition to a net-zero economy, the Korean conglomerate said Sunday.
SK, Danfoss partner for sustainable future
SK Inc. Vice Chairman and CEO Jang Dong-hyun, right, shakes hands with Danfoss CEO Kim Fausing, after clinching a partnership for a sustainable future in five areas, including urbanization and electrification, at the latter’s headquarters in Denmark, Friday. Courtesy of SK Inc.
Hyundai Motor to boost sales of eco-friendly, luxury vehicles
Hyundai Motor will focus on widening sales for eco-friendly and value-added luxury vehicles, as it braces for escalating macroeconomic and geopolitical uncertainties here and abroad, the company said Thursday during a preliminary regulatory filing.
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