Aju Business Daily

Samsung's virtual head declares end to father-to-son power succession

Jay Y. Lee, the de facto leader of Samsung Group, lowers his head in a gesture of apology during a new conference at the…

2020-05-06 18:14:24

Construction of bunkering ship for LNG-powered offshore vessels begins this week

[Gettyimages Bank] SEOUL -- A state project to build South Korea's first bunkering ship for offshore vessels po…

2020-05-06 13:41:56

Pandemic seen as blessing in disguise for EV battery makers

[Gettyimages Bank] SEOUL -- A coronavirus pandemic coupled with low crude prices has curtailed demand for electric …

2020-05-04 13:46:07

Mirae Asset accuses China's Anbang of violating contract

[Courtesy of Mirae Asset] SEOUL -- Mirae Asset Global Investments, a unit of South Korea's major financial …

2020-04-28 17:36:31

Hyosung partners with Linde to build world's largest liquid hydrogen plant

[Gettyimages Bank] SEOUL -- South Korea's Hyosung Group partnered with Linde, a Dublin-based engineering grou…

2020-04-28 15:48:08

Doosan Heavy to receive $652 mln in fresh loans from state lenders

[Yonhap News Photo] SEOUL -- Doosan Heavy Industries & Construction, a key contractor in South Korea's energy i…

2020-04-28 09:14:22

Lotte benchmarks Netflix to launch integrated online e-commerce platform

[Courtesy of Lotte] SEOUL -- South Korea's retail group Lotte has benchmarked Netflix, the world's top …

2020-04-27 17:17:41

Korean Air to receive $971 mln emergency credit from state lenders

[Courtesy of Korean Air] SEOUL -- Korean Air will receive an emergency credit of 1.2 trillion won ($971 million) fr…

2020-04-24 17:36:18

World's largest container carrier named HMM Algeciras at Daewoo shipyard

[Yonhap Photo] SEOUL -- The world's largest container ship capable of carrying 23,964 containers was christened…

2020-04-23 17:34:58

SK Telecom leads consortium to develop next-generation AI NPU

[Courtesy of SK Telecom] SEOUL -- SK Telecom, a top mobile carrier in South Korea, will lead a domestic consortiu…

2020-04-23 16:28:22

KEPCO E&C exports nuclear power plant pipe management program to UAE

[Gettyimages Bank] SEOUL -- KEPCO E&C, the power plant design and engineering wing of South Korea's state ele…

2020-04-23 15:08:37

Shipping industry receives short-term liquidity to overcome financial woes

[Courtesy of Korea Line] SEOUL -- South Korea will inject 1.25 trillion won ($1.01 billion) into its shipping ind…

2020-04-23 13:02:28

Pandemic and teleworking boost exports of computers and related equipment

[Gettyimages Bank] SEOUL -- Exports of South Korean personal computer products and related equipment have been on t…

2020-04-23 12:24:03

SK hynix posts 6.3 % increase in Q1 sales despite global pandemic

[Courtesy of SK hynix] SEOUL -- SK hynix, the second-largest memory chip producer in South Korea, posted a 6.3 perc…

2020-04-23 10:53:05

Hyundai Oilbank vows to go ahead with HPC project despite pandemic

[Yonhap Photo] SEOUL -- A coronavirus pandemic sparked a gloomy outlook for refining and petrochemical industries, …

2020-04-23 09:24:39

Eximbank extends new loans for Doosan Heavy to repay $500 mln in foreign currency bonds

[Courtesy of Doosan Heavy Industries & Construction] SEOUL -- Doosan Heavy Industries & Construction, a key cont…

2020-04-22 16:02:30

Moon unveils $40.5 bln in fresh relief fund for key industries and job security

[Yonhap News Photo] SEOUL -- President Moon Jae-in proposed a fresh relief fund of 50 trillion ($40.5 billion) wo…

2020-04-22 14:58:15

Hyundai Engineering wins $340 mln order to expand Datan power plant in Taiwan

[Courtesy of Hyundai Engineering] SEOUL -- Hyundai Engineering has clinched an order worth $340 million from Taiw…

2020-04-22 12:39:24

Hyundai Elevator partners with Woowa to commercialize system linking elevators and robo

[Courtesy of Hyundai Elevator] SEOUL -- Hyundai Elevator, the largest elevator and escalator producer in South Ko…

2020-04-21 14:40:45

GS E&C consortium wins $450 mln deal to build train testing center in Singapore

[Courtesy of GS Engineering & Construction] SEOUL -- A consortium led by GS Engineering & Construction, a major bui…

2020-04-21 10:52:24