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South Korea’s SMEs and Startup Ministry and Indonesia’s Cooperatives and Small and Medium Enterprises Ministry are set to co-host the fourth Korea-ASEAN Business Model Competition for SDGs 2023, which will run from August through October. According to the organizing committee Wednesday, the annu...
With the increasing likelihood of losses occurring for investors of a fund worth 250 billion won ($197 billion) for a Hong Kong office building managed by Mirae Asset, Woori Bank has decided to provide partial compensation to its clients. Back in June 2019, Mirae Asset Securities financed the Gold...
LG Group’s artificial intelligence think tank LG AI Research on Wednesday unveiled the upgraded version of its hyperscale AI multimodal Exaone that was designed to learn expertise data and use it for research and development and marketing across industry sectors. The Exaone 2.0 is the first upgra...
Korean researchers have developed the world’s first humanoid pilot, Korea Advanced Institute of Science and Technology said Wednesday. According to KAIST, a group of researchers led by professor Shim Hyun-chul demonstrated a human-like robot’s successful flight simulation operation while sitting...
Son's name written in Korean is printed across the neon pink body of the boots, which feature bright colorways in the names "Lucid Lemon," "Bright Royal" and "Lucid Pink." Adidas also released an animated film featuring Son's most iconic moments, including his first major goal in Hamburg, Germany ...
HD Korea Shipbuilding and Offshore Engineering, an intermediate holding company of South Korea’s heavy industries conglomerate HD Hyundai, said Wednesday that it has scored an order to build the world’s largest liquefied carbon dioxide, or LCO2, carrier. According to HD Hyundai, the shipbuilder ...
At the G-20 event, Choo also met with his Chinese counterpart, Liu Kun. It is the first time since 2019 for the two top financial policymakers of the respective countries to hold a one-on-one, face-to-face meeting. At the meeting, Choo underscored the importance of the two countries' partnership i...
Lee Yu-jin, a 34-year-old office worker who has gone on parental leave, thought about deleting her KakaoTalk account, as she wanted to disconnect from co-workers and acquaintances during her temporary break. But she could not get away from the messaging app, as it has become a crucial conversationa...
BC Card announced Tuesday that it has signed a memorandum of understanding with Uzbekistan’s state-run payment network operator National Interbank Processing Center to establish a payment network connecting the two countries. The signing event was held earlier in the day at the Central Bank of Uz...
At first glance, South Korea appears to have the right mix for an unmanned retail revolution. The country is known for its swift embrace of technology, widespread adoption of cashless payments, well-developed urban centers and relatively low crime rate. But owners of unmanned shops here say that r...
Tesla's Chinese-made all-electric sport utility vehicle Model Y is unlikely to be eligible for full government subsidies in Korea, according to the Ministry of Environment. The ministry issued a note saying that the EV subsidy assessment was still ongoing, and that the rear-wheel drive car, manufa...
Mirae Asset Global Investments revealed Tuesday that its exchange-traded fund business has surpassed $100 billion in assets under management. As of Tuesday, Mirae Asset manages a portfolio of 538 ETFs across various regions worldwide, spanning Korea, the US, Canada, Australia, and Japan. The tota...
SK Biopharmaceuticals plans to increase its corporate value to $15 billion by 2026, largely buoyed by burgeoning sales of the company’s seizure treatment Xcopri, or cenobamate, said the company's CEO Lee Dong-hoon during a press conference in Seoul on Tuesday. Lee added that profits from Xcopri c...
Prestige BioPharma, a Singapore-based Kosdaq-listed pharmaceutical company said Tuesday that the company has joined the Cancer Moonshot Project, a White House initiative aimed at advancing cancer prevention and treatment. The Cancer Moonshot initiative was first launched in 2016 and relaunched in ...
The postal operator heads pledged to bolster cooperation by sharing individual measures and strategies to respond to changes in global norms such as the toughened customs clearance policies of the European Union. According to the data by the Korea Post, Korea’s international mail shipments to KPG...
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