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KOREA

KOREA

Korean and U.S. leaders visit the Korean War Veterans Memorial

WASHINGTON – President Yoon Suk Yeol and U.S. President Joe Biden visited the Korean War Veterans Memorial Tuesday evening in Washington in their first...
KOREA

Netflix announces plans to invest $2.5 billion in K-content in meeting with Yoon

WASHINGTON — Netflix announced plans to invest $2.5 billion in K-content over the next four years in a meeting between the company's co-CEO Ted...
KOREA

28 Korean nationals return to Korea from Sudan

Korean nationals who were evacuated from war-torn Sudan arrived safely back in Korea on Tuesday afternoon. A KC-330 military tanker transport aircraft that took off...
BUSINESS

Six U.S. companies to invest $1.9 billion in Korea

Six U.S. tech companies agreed to invest a total of $1.9 billion in Korea’s semiconductor, hydrogen and environmentally-friendly businesses. The announcement was made at a...
BUSINESS

Strengthening economic alliance meets U.S. protectionism

Korea and the United States are at a crucial juncture in economic cooperation after the two countries pledged to work together in a wider...
BUSINESS

Korean companies to invest $8 billion in U.S. battery factories

SK On and Hyundai Motor and related companies will together invest $5 billion to build an electric vehicle battery plant in Georgia, a major...
KOREA

South Korean President Yoon arrives in Washington today

South Korean President Yoon Suk-yeol arrives in Washington D.C. today. It is the first state visit by a South Korean president in 12 years,...
BUSINESS

Hyundai Mobis demonstrates car that can drive sideways to park

Hyundai Mobis has succeeded in applying its e-Corner System to a functioning vehicle, which allows it to move sideways like a crab and spin...
KOREA

U.S., South Korea sanction a North Korean banker

Seoul and Washington jointly levied sanctions on a North Korean individual tied with the regime’s illicit cyber activities and weapons programs. Jointly announced by the...
BUSINESS

Hyundai Motor Group begins development of lunar exploration vehicle

Hyundai Motor Group has begun developing a vehicle for lunar exploration, with the goal of sending it to the moon in 2027. The automaker said...
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