July 5, 2024

(EDITORIAL from Korea JoongAng Daily on July 5)

Political retaliation for retaliation’s sake

The motion submitted by the Democratic Party (DP) to impeach four prosecutors dumbfounds us. The majority party pressures them to quit their jobs for totally unreasonable grounds. The motion is aimed at r…

Hanwha Energy to buy larger stake in holding firm of Hanwha Group

Hanwha Energy Corp., fully owned by the three sons of Hanwha Group Chairman Kim Seung-youn, said Friday it will pay some 180 billion won (US$131 million) to buy an 8 percent stake in the group’s holding company, Hanwha Corp.

Hanwha Energy will make …

Hanwha Energy to buy larger stake in holding firm of Hanwha Group

Hanwha Energy Corp., fully owned by the three sons of Hanwha Group Chairman Kim Seung-youn, said Friday it will pay some 180 billion won (US$131 million) to buy an 8 percent stake in the group’s holding company, Hanwha Corp.

Hanwha Energy will make …