Latest news
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K-water becomes first S. Korean state agency to join Ukraine's dam reconstruction project
SEOUL -- K-water, a state water resource development and management agency in South Korea, has partnered with Ukrhydroenergo, a Ukrainian firm in charge of the operation of hydroelectric dams, to rebuild the Kakhovka Dam in Ukraine's southern region. The water resource developer has become South Korea's first state-run company to be involved in a reconstruction project for the dam destroyed in June 2023. The destruction of the dam located in Kherson took the lives o
July 27, 2023 -
GI Innovation registers European patent for allergy drug treatment combined with microbiome therapy
SEOUL -- South Korea's bio-venture company GI Innovation has registered GI-301, an allergy treatment drug, and a microbiome-based combination therapy, at the European Patent Office. Through patent registration, the company can prevent other pharmaceutical firms from commercializing the microbiome by incorporating it into a fusion protein in Europe. GI-301 is a fusion protein capable of effectively handling allergic reactions with its Immunoglobulin E (IgE), a type of antibody tha
July 27, 2023 -
Hanwha Aerospace secures contract to build 129 Redback infantry fighting vehicles for Australia
SEOUL -- Hanwha Aerospace, a South Korean defense contractor, has secured a contract to build 129 Redback infantry fighting vehicles for the Australian government. The South Korean company had been locked in a competition for about five years with Rheinmetall Defense of Germany for Australia's Land 400 Phase 3 program to acquire armored vehicles that would replace old M113AS3 armored personnel carriers. Redback, a 42-ton IFV with a 40mm caliber automatic cannon specially develope
July 27, 2023 -
Hyundai and Kia join hands with global automakers to build EV charging network in N. America
SEOUL -- To gain a competitive edge in North America's electric vehicle charging market, Hyundai and Kia will establish a joint venture with five major automakers -- BMW, General Motors, Honda, Mercedes-Benz, and Stellantis. Without disclosing details on the investment amount, the seven carmakers said they would install at least 30,000 fast chargers in urban areas and highways in the United States and later expand its infrastructure to Canada. The deal can help the South Korean compa
July 27, 2023 -
New Zealand's governor-general visits SM Entertainment to explore Korean Wave
SEOUL -- New Zealand's governor-general Dame Cindy Kiro visited the office of South Korea's entertainment powerhouse SM Entertainment to explore the country's music industry. During the meeting with the agency, the New Zealand delegate of Maori descent suggested discussing collaboration methods with artists of traditional Maori music performance "kapa haka." Kapa haka is a traditional Maori performing art that involves singing, dancing, and chanting. It is
July 26, 2023 -
Lunit to provide AI solution for breast cancer to Middle East
SEOUL -- "Lunit INSIGHT MMG," a solution specializing in detecting breast cancer created by South Korea's medical artificial intelligence company Lunit, will be supplied to hospitals operated by Dr. Sulaiman Al Habib Medical Group, a major healthcare provider in the Middle East. The Saudi Arabia-based group runs more than 20 hospitals in various regions including the United Arab Emirates and Bahrain. Lunit INSIGHT MMG compares and analyzes medical images of breast can
July 26, 2023 -
Hyundai Motor and Seoul National University open joint research center for next-generation batteries
SEOUL -- In a bid to acquire homemade technology for next-generation high-performance batteries that are used in electric vehicles and energy storage systems, Hyundai Motor and the Seoul National University have opened a joint research center. The establishment of the joint battery research center has been discussed since November 2021 when the South Korean carmaker and the prominent university signed a memorandum of understanding to cooperate in the mid and long-term research of bat
July 26, 2023 -
Virtual model Lucy to make foray into Thailand's live commerce market
SEOUL -- Lucy, a 29-year-old virtual model created by the home shopping channel of South Korea's conglomerate Lotte, will make her make a foray into Thiland's live commerce market through Lazada, one of the leading e-commerce platforms in Southeast Asia. The virtual influencer with more than 175,000 Instagram followers will promote various fashion items in Thai targeting young consumers in the Southeast Asian country. The virtual human was created by synthesizing a face wit
July 26, 2023 -
Seoul provides Asia-Pacific region's top 5G mobile download speed: data
SEOUL -- Recent market research data by OOKLA, an internet access performance analysis firm, showed that Seoul provides the fastest 5G mobile download speed in the Asia-Pacific region. South Korea, which commercialized 5G mobile data communication in 2019, has some 30 million 5G mobile phone service subscribers. According to OOKLA, the average download speed of 5G data communication in Seoul stood at 533.95 megabits per second while the average 5G download speed in Kuala Lumpur stood
July 26, 2023 -
NewJeans' mini album 'Get Up' gains explosive popularity on Spotify
SEOUL -- K-pop super rookie band NewJeans has garnered explosive popularity on Spotify, the world's most popular music streaming service, through its new mini-album "Get Up." All six songs in the album entered the top 50 on Spotify's daily chart which ranks most streamed songs in the United States. Six songs in the album entered the US Daily Top Song Chart on Spotify on July 24, the five-member band's agency said. "Super Shy" landed at number 10, &qu
July 25, 2023
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Landslide kills 15 at illegal gold mine in Indonesia
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Indian steel industry calls for measures to address surge of cheap Chinese imports
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Fake hotel websites plague Vietnamese resort town
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Samsung's AI-powered mobile devices surpass 20 million units in Korea
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Telegram pledges stern action against illegal content
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India investigates fire at iPhone component manufacturer
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Qoo10 CEO questioned in e-commerce fraud probe
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BTS member Suga fined 15 million won for drunk driving
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UAE's Sharjah attracts expats with affordable prices
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China, Russia conclude joint naval exercise