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Korean cracking facilities shuttering amid naphtha crunch, Seoul reacting to crisis
SEOUL, March 23 (AJP) - South Korea's major naphtha cracking facilities at the Yeosu Industrial Complex are shuttering as a worsening naphtha supply crunch triggered by the blockade of the Strait of Hormuz forces the industry into emergency measures. LG Chem, the country's largest petrochemical firm, said Monday it would suspend operation
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Samsung Electronics and union reopen talks, strike risk lingers
SEOUL, March 23 (AJP)-Management at Samsung Electronics and its labor union held an unexpected executive-level meeting Monday, signaling a possible thaw in tensions after the union abruptly canceled a planned rally outside Chairman Lee Jae-yong’s residence. Vice Chairman Jun Young-hyun, who leads the critical Device Solutions (DS) division, met a four-member delegation from a joint protest committee that i
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Frenzied retail stock buying triggers Seoul warning on forced liquidation
SEOUL, March 23 (AJP) - Leveraged stock buying by retail investors remained feverish on Monday despite 6-percent rout on escalating Gulf war fears, prompting the financial regulator to warn on forced liquidations. The Financial Supervisory Service issued a set of guidelines on Monday aimed at preventing disputes in margin trading, saying recent sharp swings in the domestic stock market had heightened the ri
S. Korean broadcaster wins final copyright suit against China's video platform Bilibili
BTS week continues with back-to-back Tonight Show and Netflix documentary
Kim Hyo-joo captures Founders Cup title to reclaim throne after 11 years
Im Sung-jae finishes fourth at Valspar as Fitzpatrick claims victory
SONGZIO X BTS turns comeback stage into a living archive of Korean history
BTS' comeback album and show 'ARIRANG' make a splash on Spotfiy and Netflix
