SEOUL Hyundai Motor Co has appointed Jose Munoz as global chief operating officer and Americas chief, tapping a man formerly considered an ally and potential successor of Nissan Motor Co Ltd's ousted Chairman Carlos Ghosn.
GWANGJU, South Korea Park Byung-kyu once led Kia Motor's union in the city of Gwangju, fighting for labor protections against the powerful, family-run chaebol that dominated the economy during South Korea's rapid industrialization.
HONG KONG/SEOUL The sale of a controlling stake in the parent of South Korean gaming firm Nexon Co is now narrowing to a handful of serious bidders after generating fevered speculation.
HONG KONG/SEOUL, April 12 The sale of a
controlling stake in the parent of South Korean gaming firm
Nexon Co is now narrowing to a handful of serious
bidders after generating fevered speculation.
SEOUL SK Innovation Co Ltd is in talks to set up separate battery-making joint ventures with Volkswagen AG and Chinese partners, as the South Korean petrochemicals producer aggressively expands its involvement in electric vehicles (EVs).
SEOUL Korean Air Lines Co Ltd shareholders removed chief executive Cho Yang-ho from its board in a landmark vote on Wednesday, making him the first founding family member of any South Korean corporate giant to be forced off a board. | Video
* Shareholders to hold vote on Wednesday
(Adds Korean Air statement, bullets)
SEOUL Asiana Airlines revised its accounts and said its annual loss widened after auditors raised doubts about the financial statements of South Korea's second-biggest carrier, sending its shares tumbling almost 18 percent on Tuesday.
* Asiana shares dive nearly 18 pct, shareholder Kumho sinks
(Adds comments from analyst, credit rating agency; updates
SEOUL Hyundai Motor Group companies' shareholders rejected on Friday Elliott Management's demands for a massive special dividend and board seats, dealing a blow to the U.S. hedge fund's campaign to shake up South Korea's second-biggest family-run conglomerate.