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Business
GM Korea and unions signed agreement on compact SUV development 4 years ago
What kind of car is GM’s next-generation compact SUV Trax (development code name 9BUX)? The recent controversy surrounding GM Korea centers on that question. GM Global, the majority shareholder of..
Tue, 12 Mar 2019 17:33:25 GMT
[Photo] Should airlines continue flying the Boeing 737 Max 8?
Following a tragic crash of an Ethiopian Airlines flight involving a Boeing 737 Max 8 aircraft, observers are increasingly questioning the safety of the Boeing 737 Max 8 and asking why airlines contin..
Tue, 12 Mar 2019 17:02:20 GMT
[Photo] Samsung and LG slip in global reputation rankings
The Reputation Institute published its 2019 Global RepTrak report on Mar. 10. The report revealed that several global giants, including Google, Samsung and Facebook, have slipped in their reputation r..
Mon, 11 Mar 2019 16:38:03 GMT
Chaebol families fraudulently pocket profits through work funneling
According to a new report, the families that control South Korea’s large conglomerates, known as the chaebol, have pocketed 35.8 trillion won (US$31.72 billion) through methods such as hogging corpora..
Sun, 10 Mar 2019 16:39:38 GMT
S. Korean companies engage in investment race in electric car battery industry targeting European market
An intense investment competition has taken shape among three South Korean battery companies – with the direct motivation behind the increased investment lying in predictions of electric car mar..
Sun, 10 Mar 2019 16:18:00 GMT
New compact SUV originally set to be developed at GM Korea to be developed in China instead
Despite reports that GM would be developing a compact sports utility vehicle (SUV) and a crossover utility vehicle (CUV, a mix between an SUV and a sedan) at the GM Korea Technical Center, an R&D-focu..
Sat, 09 Mar 2019 14:25:24 GMT
[Photo] OECD lowers 2019 growth projection for South Korea to 2.6%
The OECD’s Interim Economic Outlook released on Mar. 6 reveals that South Korea’s projected growth rate for 2019 is 2.6%, compared to the 2.8% projection in November 2018. The report stated that globa..
Thu, 07 Mar 2019 16:00:32 GMT
[Photo] Hyundai develops smartphone-based car key
The Hyundai Motor Group announced on Mar. 4 that it has developed a smartphone-based car key that allows drivers to open and lock their car doors and start the engine without a separate key. The new d..
Tue, 05 Mar 2019 13:04:05 GMT
[Reporter’s notebook] Moon admin. grants permission for SK semiconductor factories in Yongin
SK announced plans on Feb. 21 to invest 120 trillion won (US$106.86 billion) in semiconductors. The project involves building four factories in the “semiconductor cluster” in Yongin, Gyeonggi Province..
Sun, 24 Feb 2019 08:44:30 GMT
[Photo] Hyundai Heavy Industries union votes to go on strike against Daewoo Shipbuilding merger
The Hyundai Heavy Industries labor union has officially taken an opposing stance on Hyundai’s acquisition of Daewoo Shipbuilding based on a vote among its members. Among 10,438 members in the Hyundai ..
Thu, 21 Feb 2019 17:17:02 GMT
[Photo] Prosecutors investigate Hyundai Motor QC department for concealing car defects
The Supreme Prosecutors’ Office (SPO) of Korea sent investigators to the quality control department of Hyundai Motor headquarters in Seoul on Feb. 20. The automaker is under suspicion of covering up c..
Wed, 20 Feb 2019 16:50:38 GMT
Silent restructuring in S. Korean mobile phone manufacturing as industry declines
“When our managers made us work without a day off for more than a decade, they always told us we wouldn’t have a job without the company. And now they give us a pink slip right before the Lunar New Ye..
Sun, 17 Feb 2019 15:36:53 GMT
[Photo] School uniform bazaar for students draws crowd
With costs for school uniforms on the rise, an event was held in Seoul on Feb. 14 offering school uniforms at affordable prices. People walked away with full uniforms for less than 30,000 won (US$26.5..
Fri, 15 Feb 2019 15:01:24 GMT
U.S. reaction "not bad" on exempting S. Korean autos from tariffs: Trade minister
South Korean Minister of Trade Kim Hyun-chong briefed on Feb. 13 on the possibility of South Korea being exempted from automobile (automobile parts) import tariffs according to Section 232 of the US T..
Thu, 14 Feb 2019 14:19:46 GMT
[Photo] Hyundai Heavy Industries emerges as sole bidder in acquisition of Daewoo Shipbuilding
The Hyundai Heavy Industries Group has confirmed its acquisition of Daewoo Shipbuilding and Marine Engineering. The deal requires Hyundai to acquire the stake of Daewoo’s largest shareholder, the Kore..
Wed, 13 Feb 2019 17:54:06 GMT
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Editorial・opinion
[Column] A year and a half of Yoon’s foreign, security policies has added to Korea risk
[Column] Korea’s diaspora discrimination
[Column] Climate hypocrisy by rich nations
[Editorial] Korea’s Supreme Court once again rules Japanese firms must directly compensate forced labor victims
[Editorial] With right-hand man as interim PPP leader, Yoon to solidify grip on party
[Editorial] Pope’s OK’ing of blessings for same-sex couples should be wake-up call for Korea
[Column] China’s insistence on “bright prospects” is stifling its economy
[Column] Chun Doo-hwan and Roh Tae-woo, Yoon Suk-yeol and Han Dong-hoon
[Column] Yoon’s oblivious diplomacy ended in expo rout – will it also fail to respond to N. Korea’s nukes?
[Column] Yoon’s war on Korea’s free press earns him headlines in global news outlets
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Korea’s top constitutional expert predicts Yoon will be dismissed from office
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Korea’s steel industry could buckle under Trump’s tariff war
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Human rights watchdog draws criticism for recommending guarantees for Yoon’s right to defense
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‘Deeply mortified’: Moon apologizes to Koreans for enabling Yoon’s rise
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