Edition:
United States

Hyunjoo Jin

Hyundai hires former Ghosn ally Munoz as global COO, Americas head

Apr 18 2019

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.

In South Korea's struggling Kia Town, 'bad jobs' better than no jobs

Apr 15 2019

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.

Explainer: Who is in the driver's seat in battle for South Korean gaming giant Nexon?

Apr 11 2019

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. 

EXPLAINER-Who is in the driver's seat in battle for S.Korean gaming giant Nexon?

Apr 11 2019

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.

Exclusive: SK Innovation in talks to set up EV battery JVs with Volkswagen, China partners

Apr 10 2019

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).

'Nut rage' fallout: Korean Air chief ousted from board in landmark vote

Mar 27 2019

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

UPDATE 2-State pension fund to oppose Korean Air CEO's re-election to board

Mar 26 2019

* Shareholders to hold vote on Wednesday (Adds Korean Air statement, bullets)

Asiana Airlines reveals wider loss after auditor's red flags, shares plunge

Mar 26 2019

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.

UPDATE 3-Asiana Airlines reveals wider loss after auditor's red flags, shares plunge

Mar 26 2019

* Asiana shares dive nearly 18 pct, shareholder Kumho sinks 28 pct (Adds comments from analyst, credit rating agency; updates stocks price)

Hyundai shareholders inflict big defeat on U.S. fund Elliott in proxy vote

Mar 22 2019

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.

World News