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Sale process of Asiana Airlines to begin this weekIndustryJul 23, 2019Creditors and Kumho Industrial, the largest stakeholder of Asiana Airlines, will post a public notice to sell the nation’s second-largest air carrier on Thursday, which is likely to be the largest de... -
BAT Korea names first Korean CEOIndustryJul 22, 2019British American Tobacco Group has named Kim Eui-soung, a cross-border industry marketing expert, as new chief executive officer and president of its South Korean unit, the company said Monday. Kim ... -
Despite labor tension, Hyundai Motor’s Q2 profit jumpsTransportJul 22, 2019Amid growing tension between the management and unionized workers, Hyundai Motor said Monday it saw its operating profit rise 30 percent in the second quarter chiefly on the weaker Korean won and sal... -
2 SK Innovation subsidiaries acquire 35% stake in Myanmar’s BOCIndustryJul 21, 2019SK Innovation said Friday that two of its subsidiaries, SK Energy and SK Trading International, have acquired a combined 35 percent stake in Best Oil Co., the second-largest oil retailer in Myanmar. ... -
![[Behind the Wheel] Venue designed for singletons, not exactly for thrills](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2019/07/16/20190716000582_0.jpg)
[Behind the Wheel] Venue designed for singletons, not exactly for thrillsTransportJul 21, 2019YONGIN, Gyeonggi Province -- Hyundai Motor’s latest sports utility vehicle Venue targets a specific group of people -- those in their 20s and 30s pursuing a single and minimalist lifestyle. Well, as... -
Calm, steady approach needed to tackle Japan’s export curbs: SK chief CheyIndustryJul 18, 2019SEOGWIPO, Jeju Island -- SK Group Chairman said Thursday he will come up with countermeasures against Japan’s strengthened export control of three materials crucial for chip fabrications in a calm ma... -
KCCI head calls for full support businesses seeking alternatives amid Japan’s export curbsIndustryJul 17, 2019SEOGWIPO, Jeju Island -- Amid the growing tension between South Korea and Japan, the head of the largest organization representing businesses here urged the government and political parties to provid... -
Doosan, Ceres team up for power system’s commercial useIndustryJul 16, 2019South Korean energy-to-industrial equipment company Doosan Corp. has agreed with UK-based Ceres Power to develop solid oxide fuel cell power systems for commercial buildings here, the companies said ... -
Hanwha Total co-CEO elected as Korea head of CCEIndustryJul 16, 2019Jean-Marc Otero del Val, co-CEO of Hanwha Total Petrochemical, a 50-50 venture between South Korean conglomerate Hanwha and French petrochemical firm Total, has been elected as a representative of Fr... -
Israeli president calls for bigger partnership with Hyundai MotorTransportJul 15, 2019Israeli President Reuven Rivlin said he hopes to see expanding cooperation between the Middle East country’s startups and South Korean carmaker Hyundai Motor in the fields of smart, connected and gre... -
![[News Focus] Throwing sand in wheels of world trade: Foreign experts weigh in on Japan export curbs](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2019/07/15/20190715000541_0.jpg)
[News Focus] Throwing sand in wheels of world trade: Foreign experts weigh in on Japan export curbsIndustryJul 15, 2019Experts from the US, Japan and Southeast Asia voiced concerns over the escalating trade dispute between South Korea and Japan, saying Tokyo’s restrictive measures aimed at Korean chipmakers would not... -
Hyundai aims to sell 15,000 Venue annuallyTransportJul 11, 2019Hyundai Motor announced Thursday the launch of its smallest sport utility vehicle Venue, setting an annual sales target of 15,000 units in the future and 8,000 units within the year. The Venue compl... -
Chip firms wary of criticizing Japan curbsIndustryJul 10, 2019An emergency meeting with President Moon Jae-in was arranged on Wednesday with chiefs of the country’s major businesses to seek short- and long-term solutions to the problem of import-dependent manuf... -
Lotte chief visits Tokyo amid anti-Japanese sentiments in KoreaIndustryJul 9, 2019The chief of South Korean retail giant Lotte Group -- with deep family roots in Japan -- is attempting to douse the flames following a diplomatic row between Tokyo and Seoul early this month that wil... -
SK Innovation’s trading unit to quadruple oil blending capacityIndustryJul 8, 2019A trading unit of SK Innovation, which owns the country’s largest refiner SK Energy, will quadruple its offshore low-sulfur fuel supply in 2020 to meet the growing demand for diesel fuel with substan...
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