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KOREA

KOREA

North Korea fires two ballistic missiles into East Sea: JCS

North Korea fired two short-range ballistic missiles towards the East Sea, South Korea’s Joint Chiefs of Staff (JCS) said Thursday evening. The missiles were launched...
CONSUMER

Tourism businesses welcome surge of Korean tourists to U.S. for first summer season after the pandemic

As the number of Koreans visiting the United States for the first summer vacation season since the end of the pandemic is expected to...
BUSINESS

Samsung SDI, GM to build $3 billion battery plant in Indiana

Samsung SDI and General Motors (GM) will jointly invest at least $3 billion to build an electric vehicle (EV) battery plant in Indiana, the...
BUSINESS

Korean, Chinese consumers show hostility as tensions rise

With the relations between China and South Korea hitting new lows almost on a daily basis, consumers in each country are avoiding one another's...
KOREA

Activists warn U.S. Congress that North Koreans could get repatriated from China

Almost 2,000 North Koreans held in detention centers in China could be forcibly repatriated once Pyongyang opens its borders, human rights activists told a...
KOREA

Atomic Wallet hack losses more than double

North Korean hackers made off with more than $100 million from users of a decentralized cryptocurrency wallet system, which is more than double the...
BUSINESS

IBM to release updated AI system called ‘watsonx’ in July

IBM will release its updated AI system called "watsonx" in July both at home and abroad, targeting the fast-growing demand for large-scale, generative AI. The...
BUSINESS

U.S. will extend chip exemptions for Samsung, SK hynix

A high-ranking U.S. Commerce Department official has indicated that Samsung Electronics and SK hynix can maintain their chip business in China, at least for...
KOREA

Dispute continues as Yoon questions ‘attitude’ of Chinese envoy

Seoul and Beijing continued sparring over Chinese Ambassador Xing Haiming's recent controversial remarks, with President Yoon Suk Yeol questioning whether the envoy "has an...
KOREA

Russia resumes oil shipments to North, possibly for weapons

Russia officially resumed shipments of refined oil to North Korea in December last year according to the United Nations Security Council website on Tuesday,...
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