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Sunday, July 20, 2025

KOREA

Samsung Heavy Industries faces contract cancellation due to Russian sanctions

Samsung Heavy Industries' Vasily Dinkov, the world's first bi-directional icebreaking oil tanker, built in 2007 Samsung Heavy Industries is facing a potential contract cancellation...

South Korea teams up with Japan, U.S. for missile defense drill against North

South Korea, the United States and Japan conducted a joint missile defense exercise in international waters south of the Korean Peninsula on Tuesday in...

South, U.S. and Japan chide North for satellite tests at UN

Representatives of South Korea, the United States and Japan condemned North Korea for its satellite tests at a UN session on space threats in...

Activist shareholders push for HMM sale to German giant

Shareholder activism has hit HMM, Korea's largest container shipper, as its minority shareholders are vocalizing a desire for the company to be acquired by...

Exports fail to shine, but chip recovery on the horizon

From left, Cho Sang-hyeon, the head of KITA's Institute for International Trade, and Jeong Marn-ki, KITA's executive vice chairman, speak at the press briefing...

Government policies in Korea still fail to resolve long commutes

Commuters in Korea continue suffering from long commute times and distances despite governmental efforts to resolve the issue.“Commuting on the so-called hell trains is...

North Koreans begin heading home after entry ban lifted

North Korea has lifted an entry ban imposed on its overseas nationals at the beginning of the Covid-19 pandemic, state media reported Sunday.The announcement...

Kia reveals all-electric EV5 SUV

The Kia EV5 SUV, the carmaker's first electric-only model manufactured in China, made its global debut on Friday during the Chengdu Motor Show held...

Fukushima water discharge deals blow to Korean fisheries

Japan's decision to release treated radioactive water from the Fukushima Daiichi nuclear power plant is dealing a critical blow to Korean fisheries as they...

Everland in discussions with China for panda’s return

Everland, a theme park in Yongin, Gyeonggi, is in discussions with its Chinese counterparts to return Fu Bao the giant panda to the country.Jung...