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Yoon discusses nuclear industry cooperation with European nations

July 11, 2024

President Yoon Suk Yeol held a series of talks with the leaders from the Czech Republic, the Netherlands, Sweden and Finland on Wednesday to discuss cooperation in the nuclear industry, hoping to boost South Korea’s bid in upcoming deals.

Yoon held s…

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BASF ENVIRONMENTAL CATALYST AND METAL SOLUTIONS BREAKS GROUND ON NEW GREEN HYDROGEN INVESTMENT IN BUDENHEIM, GERMANY

July 11, 2024

BUDENHEIM, Germany, BASF Environmental Catalyst and Metal Solutions (ECMS) commenced construction of its first state-of-the-art production facility for green hydrogen and fuel cell components in Budenheim, Germany, near Frankfurt. The products produce…

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(LEAD) Activist fund proposes changes in CEO compensation scheme at KT and G

July 11, 2024

Activist fund Flashlight Capital Partners (FCP) on Thursday proposed changes in the compensation system for the chief executive of South Korea’s dominant tobacco company KT and G Corp.

In its proposals sent to KT and G, the Singapore-based private eq…

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(LEAD) Seoul shares up for 3rd day ahead of U.S. inflation data

July 11, 2024

Seoul shares closed higher Thursday to extend their winning streak to a third day as investors also wait for the U.S. inflation data. The local currency gained against the U.S. dollar.

The benchmark Korea Composite Stock Price Index gained 23.36 poin…

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Hyundai Motor to launch GV60 Magma SUV in S. Korea next year

July 11, 2024

Hyundai Motor Co. said Thursday it will launch the GV60 Magma SUV in South Korea next year as it beefs up high-performance models.

The GV60 Magma will be the first model under the Genesis Magma program, which was officially launched at the Genesis sh…

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