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Sunday, July 13, 2025

KOREA

Trilateral summit will be first of its kind, Seoul’s envoy says

The trilateral leaders’ summit between Korea, the United States and Japan scheduled later this month will be a first of its kind, Korea's envoy...

CJ Cheiljedang sells 60% take in Chinese subsidiary for $236M

CJ Cheiljedang sold its entire 60 percent of ownership stake in Chinese food subsidiary Sichuan Jixiangju Food for 300 billion won ($235.5 million). The shares were acquired by...

Costco faces public backlash for cart pusher death

Costco Korea is under fire after its country manager allegedly made blunt remarks at the funeral of an employee who died while working as...

Seoul dismisses Pyongyang’s report on South’s human rights

The Unification Ministry on Monday hit back at North Korea's latest report on the state of South Korean human rights, which included a myriad...

Biden to host trilateral summit with Yoon, Kishida at Camp David on Aug. 18: White House

U.S. President Joe Biden will host a trilateral summit with Korean President Yoon Suk Yeol and Japanese Prime Minister Fumio Kishida at Camp David...

Lotte partially opens $624 million retail complex in Vietnam

Lotte has partially opened its 800-billion-won ($624 million) hotel and entertainment complex in Hanoi, an initiative billed as the largest retail complex in Vietnam...

Samsung aims to sell more than 10 million units of its foldables in 2023

Samsung Electronics' foldable sales in 2022 has "nearly hit" its initial target of 10 million units, according to the company's president Roh Tae-moon, who...

Korea protests Japanese white paper laying claim to Dokdo

Seoul’s Foreign Ministry on Friday criticized Tokyo’s claim to Korea’s easternmost islets in a new annual defense white paper adopted by the Japanese cabinet...

North flaunts drones, ICBMS to Russian and Chinese officials at parade

Drones and intercontinental ballistic missiles (ICBM) took center stage at a nighttime military parade held by North Korea in downtown Pyongyang late Thursday to...

Major automakers team up for EV charging, challenge Tesla

Hyundai Motor is partnering with six major global automakers for a massive charging network in North America to counter Tesla’s Superchargers. The Korean automaker said...