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Saturday, August 2, 2025

KOREA

KAI secures $1B deal to produce combat helicopters

Korea Aerospace Industries (KAI), an aircraft manufacturer, clinched a 1.4-trillion-won ($1.08-billion) deal from the country’s defense procurement agency to produce combat helicopters. The contract, announced...

Lee Sun-kyun, ‘Parasite’ actor, 48, dies

Lee Sun-kyun, a renowned actor famously known for his role in "Parasite," died on Wednesday at the age of 48. Lee was at the peak...

Korea’s October birthrate hit an all-time low

The number of babies born in Korea this October fell to its lowest point for any October to date. The number fueled predictions that...

Samsung shares reaches 52-week high as the world braces for an AI boom

Shares of Samsung Electronics continued their winning streak Tuesday amid upbeat expectations for AI and memory chips next year. The company's shares closed at 76,600...

HD Hyundai teams up with Google Cloud for AI solutions

HD Hyundai partnered with Google Cloud to create an AI-based platform providing enterprise solutions in key sectors such as shipbuilding and construction machinery. The collaboration,...

South to prosecute North’s human rights violators after unification

The perpetrators of human rights violations in the North will face criminal punishments once the two Koreas are unified, said the government in Seoul...

North Korea’s economy contracts for third straight year

North Korea’s economy shrank for the third consecutive year while the country’s population reached 25.7 million, around half of South Korea’s 51.67 million. The North’s...

Hanwha Ocean signs $845M deal to build diesel submarine

Hanwha Ocean clinched a 1.1 trillion-won ($845 million) deal Friday to build a 3,600-ton submarine for the Korean Navy. The agreement, formalized with the Defense...

Korea’s efforts to promote rural cities are paying off, foreigners say

Xavier, a master's student at Ajou University, was pleasantly surprised on a recent trip to Tongyeong, South Gyeongsang, for its vibrant atmosphere. The city's bustling...

Palace vandals were also told to spray paint King Sejong statue, police find

An unidentified person who ordered two teens to vandalize Gyeongbok Palace in central Seoul also told them to spray paint the adjacent Statue of...