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KOREA

BUSINESS

Behind the Mercedes explosion: The decision to tap a little-known Chinese battery maker

Mercedes-Benz's ties with an obscure Chinese battery maker came under heavy scrutiny in Korea over the revelation that its EV at the center of...
KOREA

North Korea’s trash balloon causes record damage with fire at Paju warehouse

A fire broke out at a warehouse in Paju, Gyeonggi, after a trash-laden balloon carrying a detonator that was launched from North Korea landed...
KOREA

North Korea’s economic crisis fuels surge in prostitution and heinous crimes to make money

Recently released videos exposing the realities of life in North Korea are shedding light on the emergence of new types of crimes despite the...
KOREA

U.S., South Korea, and Japan to strengthen efforts against North Korean cyber theft

The United States, South Korea, and Japan have agreed to continue sharing intelligence on North Korea’s cyber theft operations and money laundering activities facilitated...
BUSINESS

Mercedes-Benz dealers in South Korea refuse used EQEs over EV explosion

With Mercedes-Benz EVs flooding Korea's used car market following an explosion of an EQE last month, Mercedes dealers are refusing to stock EVs in...
BUSINESS

South Korea’s nuclear energy corporation to invest $40 million in Bill Gates’ TerraPower

The board of Korea Hydro & Nuclear Power (KHNP) has conditionally approved the state-run company's decision to invest $40 million in TerraPower, a U.S....
KOREA

North Korea floods wash away housing land equal to 100 soccer fields, recovery efforts slow

The recent floods in northern North Korea have washed away housing land equivalent to 100 soccer fields, leaving a vast area in ruins. Satellite...
KOREA

North Korea launches trash balloons towards South again, prompting emergency response at Baseball game

In the span of two days, North Korea has launched objects suspected to be balloons filled with trash towards the South three times. The...
BUSINESS

Chip packaging is tech’s new frontier — and Korea is lagging behind

Chip packaging — or the manufacturing of the casing that surrounds a semiconductor — has become a new battleground in the tech industry. While the...
KOREA

Asiana passenger who opened plane door during landing ordered to pay $523K

The passenger who caused pandemonium by opening the door of an Asiana plane during landing in May last year has been ordered by a...
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