All posts tagged "Business"

  • In this Oct. 23, 2015 photo, Hwang Sang-gi, a founding member of advocacy group Banolim, holds a picture of his daughter Yu-mi during an interview denouncing Samsung’s response in its latest negotiations with sick workers outside Samsung buildings in Seoul, South Korea. Yu-mi’s death from leukemia in 2007 galvanized concern about conditions at Samsung factories and South Korea’s semiconductor industry in general. Samsung’s hopes of ending years of acrimony and bad publicity over whether its semiconductor factories caused cancer have hit a hitch: some sickened workers and their families say they’ll never accept its highly conditional offer of financial assistance. (AP Photo/Ahn Young-joon)
    Samsung money for sick workers comes with conditions, secrecy

    SEOUL, South Korea (AP) — Samsung’s hopes of ending years of acrimony over whether its computer chip factories caused cancer have hit a hitch: some sickened workers and their families say they’ll never accept its highly conditional...

    • Posted December 11, 2015
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  • In this July 17, 2015 file photo, employees walk past a logo of Samsung Group at the head office of Samsung C&T Corp. in Seoul, South Korea. South Korea's financial regulator said Friday, Dec. 4, 2015 it has launched an investigation into possible insider trading by Samsung executives related to a contentious takeover deal. (AP Photo/Ahn Young-joon, File)
    Samsung execs investigated for possible insider trading

    SEOUL, South Korea (AP) — South Korea’s financial regulator said Friday it is investigating possible insider trading by Samsung executives related to a contentious takeover deal. Kim Hong-sik, director of the capital markets investigation unit at the...

    • Posted December 4, 2015
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  • Lotte Group Chairman Shin Dong-bin apologizes in a press conference at Hotel Lotte in Seoul on Aug. 11, 2015. (Yonhap)
    Lotte founder asks prosecution to investigate his son

    SEOUL (Yonhap) — The Lotte Group founder on Tuesday asked the prosecution to investigate his son for allegedly obstructing business as the family is locked in a bitter succession feud between siblings. Shin Kyuk-ho filed the charges...

    • Posted December 1, 2015
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  • lg oled modeals
    LG to invest $8.7 billion in new OLED plant

    By Brian Han LG Display is putting all its chips on the table. The South Korean company announced that it will spend approximately 10 trillion won ($8.7 billion) on a new production facility that manufactures organic light-emitting...

    • Posted November 27, 2015
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  • Los Angeles' jobber market located in the downtown fashion district (Korea Times file)
    El Paso move becoming reality for Korean American apparel industry

    The Korean American apparel industry’s move from Downtown Los Angeles’ fashion district to El Paso, Texas, is picking up speed. According to the Korean American Garment Industry Association (KAGIA), which along with its counterpart apparel manufacturers and...

    • Posted November 25, 2015
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  • New York Senator Toby Ann Stavisky announced Thursday that construction would begin this month on a 149th Street bridge that has been closed since 2010.
    Flushing bridge near Koreatown to re-open construction after 5-year closing

    By The Korea Times New York staff A closed bridge near the Flushing food alley that has driven area business owners to file a class-action lawsuit against the construction company overseeing repairs will re-open next year, at...

    • Posted November 21, 2015
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  • Hyundai Motor Group Chairman Chung Mong-koo (Yonhap
    Hyundai chairman highest paid S. Korean CEO, $6 million over 9 months

    SEOUL (Yonhap) — Chairman of Hyundai Motor Group Chung Mong-koo topped the list of highest-paid owners and chief executive officers of large conglomerates in South Korea, data showed Monday. The 77-year-old was paid a sum of 7...

    • Posted November 17, 2015
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