Day: July 1, 2024

SK On Co., the loss-making battery unit of South Korea’s chip-to-construction conglomerate SK Group, said Monday it will freeze the annual pay of all

Medical professors at three Korea University-affiliated hospitals vowed Monday to start an indefinite voluntary walkout later this month, amid a prolonged standoff between doctors

Hanwha Aerospace Co. said Sunday it aims to generate 2.9 trillion won (US$2.08 billion) in sales from the global aviation engine components business by

Aerospace Alley is one of the world’s largest and most experienced concentrations of aerospace companies, housing around 130 parts companies and top-tier original equipment

The office of President Yoon Suk Yeol will create the position of political affairs minister in an effort to strengthen communication with the National

Major South Korean shipbuilder Hanwha Ocean Co. said Monday it has won orders totaling 2.15 trillion won (US$1.55 billion) for eight carriers from two

The government decided to put on hold a plan to raise gas prices this month despite the mounting losses of the state-run Korea Gas

South Korea’s exports extended on-year gains to the ninth straight month in June on the back of record performance of semiconductors, data showed Monday.