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Hyundai directors kept in dark on size of $10 bln land bid: Sources

Hyundai Motor and two listed affiliates did not seek board clearance for the size of their record $10 billion bid for a plot of land in Seoul.

Posco Q2 profit jumps 102.6%

The company said global steel demand would rise three percent this year thanks to fast recovery in advanced markets including the United States. 

S Korean firm charged with stealing Kevlar secrets

A South Korean firm and five of its employees have been charged with stealing trade secrets from the DuPont Co to mimic its Kevlar body armor.