(ATTN: RECASTS headline, lead with latest developments; UPDATES more details throughout; RESTRUCTURES)
By Oh Seok-min
SEOUL, The troubled Taeyoung Engineering and Construction Co. has taken steps to fulfill self-rescue efforts and is expected to an…
SEOUL, South Korea’s defense chief called Monday for the military to beef up its defense posture and combat capability against rising threats posed by North Korean drones.
Defense Minister Shin Won-sik visited the Drone Operations Command in Pocheon…
LAS VEGAS, South Korea’s SK Group said Sunday its up-to-date clean tech solutions from hydrogen energy to electric vehicle batteries and artificial intelligence capabilities are ready to catch the eyes of global partners and tech enthusiasts at the u…
SEOUL, Seoul shares ended lower for a fourth straight day Monday as investors sat on the sidelines ahead of the release of major U.S. economic data, which will give clues on the Federal Reserve’s monetary policy direction. The Korean won fell against…
SEOUL, Taeyoung Engineering and Construction Co.’s application for a debt-restructuring program would have limited impact on the construction industry, as it is “an exceptional case” in terms of the exposure to real estate project financing (PF) loan…