Aju Business Daily

Daewoo workers vote to strike against acquisition by Hyundai shipyard

[Daewoo Shipbuilding & Marine Engineering] SEOUL -- The labor union of Daewoo Shipbuilding & Marine Engineering (…

2019-02-19 17:27:39

Busan city seeks to resuscitate S. Korea's biggest desalination plant

[Aju News DB] SEOUL -- South Korea's biggest seawater desalination plant may come back to life, almost five y…

2019-02-18 16:45:17

Philippine banks agree to reschedule debt of Hanjin shipyard in Subic

[Yonhap Photo] SEOUL -- Hanjin Heavy Industries & Construction secured approval from Philippine banks to reschedu…

2019-02-15 12:44:29

Mobile carrier LGU+ signs deal to acquire top cable channel operator

[Yonhap Photo] SEOUL -- LGU+, a third mobile carrier, signed a deal to acquire a controlling stake in a top cable c…

2019-02-14 17:15:07

Stock exchange suspends Hanjin shipyard for capital impairment

[Courtesy of Hanjin Heavy Industries & Construction] SEOUL -- Share trading of Hanjin Heavy Industries & Construc…

2019-02-13 16:11:10

Posco Daewoo acquires controlling stake in Ukraine grain terminal

[Courtesy of Posco Daewoo] SEOUL -- Posco Daewoo, a trading company affiliated with South Koren steel giant Posco…

2019-02-13 12:58:43

Hyundai shipyard selected as sole bidder for Daewoo shipyard

[Daewoo Shipbuilding & Marine Engineering] SEOUL -- Hyundai Heavy Industries (HHI), the world's largest shipb…

2019-02-12 14:09:54

Double bottom structure required for small tankers in S. Korea

[Yonhap Photo] SEOUL -- From 2020, all small tankers below 600 DWT (deadweight tonnage) in South Korea must have …

2019-02-12 13:08:16

National Assembly Building to house hydrogen fuel charging station to ease public safety concern

[Yonhap Photo] SEOUL -- In a symbolic move to ease public safety concerns, South Korea's parliament voluntee…

2019-02-11 16:48:56

CJ E&M promises to make announcement later on proposed deal with LGU+

[CJ ENM] SEOUL -- CJ E&M, a key distributor and exporter of Hallyu (Korean cultural wave) in Asia, promised to ma…

2019-02-11 14:42:31

Hyundai Glovis opens business stronghold in Vladivostok

[Hyundai Glovis] SEOUL -- Hyundai Glovis, the logistics wing of South Korea's Hyundai auto group, has opened …

2019-02-08 14:58:47

SK group unit agrees to distribute Bloom Energy fuel cells

[Courtesy of SK D&D] SEOUL -- SK D&D, a real estate and renewable energy development arm of South Korea's SK …

2019-02-07 14:51:26

[FOCUS] Integrated corporation proposed to jointly manage Hyundai and Daewoo shipyards

[Yonhap Photo] SEOUL -- After years of painful restructuring, South Korea's shipbuilding industry embarked on…

2019-01-31 18:20:09

Hyundai shipyard agrees to acquire controlling stake in Daewoo shipyard

[Courtesy of Hyundai Heavy Industries] SEOUL -- In a deal to create an unrivaled player in the global market, Hyu…

2019-01-31 16:55:33

Game publisher Netmarble discloses bid for Nexon

[Netmarble] SEOUL -- South Korea's leading game publisher Netmarble relied on patriotism as it disclosed a …

2019-01-31 14:47:12

Samsung predicts gradual rebound in microchip business

[Aju Business DB] SEOUL -- Samsung Electronics posted a 30.7 percent on-year drop in net earnings in the fourth q…

2019-01-31 11:54:14

Shipyard workers surprised at reported talks on consolidation

[Yonhap Photo] SEOUL -- Unionized workers at Hyundai Heavy Industries (HHI) suspended a vote on a new wage agreem…

2019-01-31 09:11:28

SK invests $100 mln in California-based smart-tinting glass producer

[Iclickart] SEOUL -- The holding company of South Korea's SK Group has made a $100 million strategic investme…

2019-01-30 17:36:06

Kakao cited as potential buyer of popular game developer Nexon

[Courtesy of Kakao] SEOUL -- Kakao, a major web service company involved in a variety of technology-related busin…

2019-01-30 09:27:45

Activist fund wants Korean Air to spin off and list aerospace manufacturing division

[Yonhap News Photo] SEOUL -- As part of a campaign to reform the corporate governance of the troubled Hanjin Grou…

2019-01-29 14:39:49