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Tuesday, December 30, 2025

KOREA

Korea, China hold first high-level meeting in months

Deputy Foreign Minister Choi Yong-sam met with Chinese Vice Foreign Minister Sun Weidong in Beijing on Tuesday, marking the first high-level meeting between the...

Samsung Display sues China’s BOE for patent infringement

Samsung Display has sued China’s BOE over patent infringement of multiple technologies related to OLED (organic light-emitting diode) panels. Samsung Display’s first legal action against...

Seoul mayor suggests immigration offers fix to low birthrates

Seoul Mayor Oh Se-hoon said he thinks a greater number of foreigners should be allowed to reside permanently in the capital, contingent upon the...

Korean companies keen on unique skills of foreign workers

“Companies hire foreigners because we are different and have new ideas,” said Nidhi Agrawal, an artist signed under Wave Entertainment. “If I tried to...

SK Biopharmaceuticals acquires majority share of U.S biotech firm

SK Biopharmaceuticals has acquired 60 percent of U.S. biotech company Proteovant Therapeutics for $47.5 million, the company said on Friday. Founded in 2020, Proteovant Therapeutics...

DP passes resolution on Fukushima water discharge

The liberal Democratic Party (DP) adopted a parliamentary resolution Friday calling on the government to file a complaint with the International Tribunal for the...

Korea’s tougher immigration investment requirement may target Chinese

The already frayed relations between Korea and China could escalate as the Justice Ministry’s plan to toughen the immigration investment program. The Justice Ministry on...

Flow of foreign workers welcomed by Korean firms

Small and medium-sized companies have thrown their support behind the government’s push to allow more foreign workers to Korea. “The increase in the quota for...

LG Electronics vows to become a leader in vehicle solutions

LG Electronics vowed to become an industry leader in the automotive solutions business by 2030. The company celebrated the 10th anniversary of its vehicle component...

Korea, Japan agree to revive $10 billion currency swap deal

Korea and Japan have agreed to revive a $10 billion currency swap line on Thursday after an eight-year hiatus. The swap agreement was signed during...