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Thursday, July 3, 2025

KOREA

Tesla troubles hit Korean companies supplying EV maker

Prospects are dimming slightly for Korean companies betting on big business with Tesla as trouble descends on Elon Musk's pride and joy. With the world's...

Top national stories of the year in Korea 2022

1. 158 die in Itaewon Halloween crowd crush During Halloween celebrations in Itaewon on Oct. 28, 158 people were killed in a crowd crush. It was...

Miky Lee makes the 2022 Women in Entertainment Power 100 by The Hollywood Reporter

Miky Lee, vice chairwoman of CJ Group, made the 2022 Women in Entertainment Power 100 published by The Hollywood Reporter, according to CJ ENM...

SPC Group companies fined for industrial safety violations

Companies in the SPC group were fined 600 million won ($472,000) for violating safety regulations. Legal action may be taken against top management of...

NCSoft to launch Throne and Liberty within first half of 2023

NCSoft will launch its new game Throne and Liberty within the first half of 2023, the publisher said Tuesday. Anticipated to be the biggest title...

Ex-Yongsan police chief arrested for Itaewon tragedy

Former Yongsan Police Station chief Lee Im-jae was arrested on Friday for allegedly failing to respond quickly to the crowd crush in Itaewon on...

Cube Entertainment signs $62 million deal with Kakao Entertainment

Cube Entertainment signed an 80-billion-won ($62 million) music distribution deal with Kakao Entertainment, the agency said Wednesday. Over the next five years, the Kakao subsidiary...

Seoul, Washington considering large-scale live-fire demonstration next year

South Korea and the United States are reviewing holding a large-scale combined live-fire demonstration next year to mark the 70th anniversary of the establishment...

Wavve buys 40 percent of Kocowa for $71 million

Wavve acquired 40 percent of Kocowa, a Los Angeles-based streaming provider, for 90.1 billion won ($70.62 million) as it works to bring K-content to...

Hyundai Motor throws cash at six Korean footballers for contribution at World Cup

Hyundai Motor granted six football players 240 million won ($187,000) for their contribution to making Korea advance to the round of 16 in the...