United Kingdom

Heekyong Yang

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

10 Apr 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).

Scandal-prone Korean Air chairman dies weeks after board ouster

08 Apr 2019

SEOUL Korean Air patriarch, chairman and CEO Cho Yang-ho died of a chronic illness on Monday, weeks after shareholders ended his 27-year tenure on the board of the country's biggest carrier due to perceived leadership failings.

Samsung Electronics sees lowest quarterly profit in more than two years

05 Apr 2019

SEOUL Samsung Electronics Co Ltd said on Friday it was heading for its lowest quarterly profit in more than two years as a glut in memory chips, slowing panel sales and rising competition in smartphones hit margins. | Video

UPDATE 2-S.Korea's Asiana to cut unprofitable routes, fleet size in revamp bid

01 Apr 2019

* Cash-strapped airline to cut down routes and fleet size - CEO

Asiana Airlines CEO Park quits in aftermath of accounting fiasco

28 Mar 2019

SEOUL Asiana Airlines' co-CEO resigned on Thursday and its debt-ridden parent Kumho Asiana Group sought financial support from its top creditor after an accounting fiasco at the South Korean carrier threatened the group's liquidity position.

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

27 Mar 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

26 Mar 2019

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

Samsung Elec flags earnings miss as chip prices slide

26 Mar 2019

SEOUL Samsung Electronics Co Ltd said on Tuesday first-quarter profit would likely miss market expectations due to falls in chip prices and slowing demand for display panels, in an unprecedented statement ahead of its earnings guidance.

South Korea's Asiana fails to get accounting sign-off; shares suspended

22 Mar 2019

SEOUL South Korea's second-biggest carrier Asiana Airlines Inc said on Friday an independent auditor has not signed off its 2018 financial statements due to a lack of information, rendering its stock at risk of being added to a watch list.

World News