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Thursday, July 31, 2025

KOREA

Korean battery makers grow fearful as U.S. overhauls IRA subsidy program

A red alert has gone off for Korean battery makers as the United States released specific requirements on its Inflation Reduction Act (IRA) subsidy...

South Korea successfully launches solid-fuel space rocket with satellite

  The Defense Ministry announced that it had successfully launched a solid-fuel-propelled space launch vehicle (SLV) from the sea near Jeju Island on Monday afternoon. The...

Korea inks $2.6B deal to deliver 159 K-9 howitzers to Poland

Hanwha Aerospace announced Monday that it inked a 3.45-trillion-won ($2.6-billion) executive contract with Poland to deliver 159 K-9 self-propelled howitzers. The contract promises to deliver...

Korea and Japan re-establish $10 billion currency swap deal

Korea and Japan officially struck a $10 billion currency swap deal Friday. The announcement comes eight years after the end of the two countries'...

South sanctions 11 North Koreans linked to satellite launch

The South Korean government on Friday added 11 North Korean nationals who participated in the development of the recently launched spy satellite, including intercontinental...

Korea’s first homegrown spy satellite to lift off on Friday

Korea’s first homegrown reconnaissance satellite, which will be launching from the Vandenberg Space Force Base in California on SpaceX’s Falcon 9, has been raised...

Internet post accuses Posco of having ‘feminist’ gestures in recruitment video

Posco recently came under fire for using a pinching hand gesture in the company’s animated employee recruitment video, as the online hunt for the...

Israeli ambassador urges Korea to continue support for elimination of Hamas

Israeli Ambassador Akiva Tor called on Korea to continue being a “a good world citizen”with its support for the elimination of the militant group...

Asiana Airlines to offer up to 30% discount on LAX-ICN flights

  Asiana Airlines is hosting a special event to celebrate the expansion of its A380 (Airbus 380) route to LAX-ICN next year. Asiana announced on November...

Fruitless Busan bid still enabled Korea Inc. to seed fresh opportunities

Korean business organizations emphasized that Busan's campaign for the World Expo 2030 served as an opportunity to demonstrate the country's potential. The Korea Chamber of...