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KOREA

BUSINESS

CJ CheilJedang sells entire stake in Brazilian subsidiary CJ Selecta

CJ CheilJedang will sell its entire 66 percent stake in its Brazilian subsidiary CJ Selecta to Bunge Alimentos S.A. for an estimated transaction price...
KOREA

South Korea, U.S., Japan conduct first trilateral maritime interdiction drill in 7 years

South Korea, the United States and Japan held a maritime interdiction drill in the high seas southeast of Jeju on Tuesday, marking the first...
KOREA

Yoon orders safety measures for Koreans in Israel as conflict escalates

President Yoon Suk Yeol ordered the government Tuesday to thoroughly prepare safety measures for Korean residents and travelers in Israel amid concerns over the...
BUSINESS

SK Networks acquires En-core for $70.5M

SK Networks completed the acquisition of En-core, a local data solutions and consulting company, at 95.1 billion won ($70.5 million), the company announced Friday. SK...
BUSINESS

Google, Apple face $50.5M fine for unfair practices

A Korean regulator will slap Google and Apple with a combined 68 billion won fine ($50.5 million) for their unfair business practices forcing Korean...
KOREA

Korean, Greek vice foreign ministers meet in Seoul

BY ESTHER CHUNG
KOREA

First North Korean defector to become a full-time professor recalls starvation, hardship and danger

North Korean defector Kim Seong-ryeol, who came to the South after two attempts to flee the North, was named a professor of international studies...
BUSINESS

Former Kakao CEO leaves company for new passions

Namkoong Whon, a former Kakao CEO who resigned after a massive service outage last year, left the company by stepping down from an advisory...
BUSINESS

Samsung partners with Rebellions to develop AI chip

The processor, called Rebel, is due to be developed by the end of next year, according to Rebellions on Thursday. Rebel is a neural processing...
KOREA

Yoon pays tribute to Korean diaspora, pledges to expand global ‘playing field’

President Yoon Suk Yeol pledged Thursday to expand the "playing field" of Korean companies and people, including the diaspora around the world, and better...
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