The Korea Times

POSCO International Corp celebrated the completed construction of the first gas processing facility at Senex Energy’s Atlas natural gas field in the Australian state of Queensland, Sunday, commencing the trial run of the facility.

HD Hyundai presented the grand prize at its annual honorary awards, known as The HD Hyundai Honor Awards, to the Purme Foundation, recognizing the nonprofit for its 20 years of dedication to supporting the rehabilitation of people with disabilities, the company said Sunday.

The prosecution requested an arrest warrant for former Woori Financial Group Chairman Son Tae-seung, Friday, over allegations that Woori Bank — under the group — extended improper loans to Son's relatives and acquaintances while he was in office.

INCHEON — Incheon is establishing itself as a rising global business hub in Korea as leaders from foreign chambers of commerce in the country highlighted the western coastal city’s potential to drive future international trade at a roundtable discussion, jointly hosted by the city government and The Korea Times, Tuesday.

Top executives of Korea's major conglomerates issued an urgent joint statement, Thursday, protesting a controversial revision plan to the Commercial Act, arguing that the revision, intended to be more favorable to shareholders, will undermine corporate growth momentum.

Samsung Biologics said on Wednesday it surpassed the 5 trillion won ($3.59 billion) mark in its accumulated orders this year for the first time in the company’s history, after securing two new deals with a combined valued of nearly 1 trillion won.

CJ CheilJedang to invest $572 mil. to build new facilities in Europe, US

The corporate value of KB Bank has strengthened significantly under the leadership of chairman Yang Jong-hee over the past year, as evidenced by about 70 percent surge in the firm share price since his Nov. 21 inauguration last year, market watchers said Tuesday.

CJ Corporation is speeding up its efforts to reshape its portfolio by shaking up its top brass and tapping into the sales of its cash-generating bio product business in apparent preparation for the growing uncertainties of its U.S. businesses under the incoming Donald Trump administration.

The European market has emerged as a land of opportunity for Korea’s three largest farming machine manufacturers.