Latest news
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Three Korean skiers dead after car crash in New Zealand
SEOUL, August 22 (AJU PRESS) - Three members of Korea's national ski team were killed in a head-on collision near Geraldine in New Zealand's Canterbury region on Wednesday, according to The Herald. The accident occurred when the vehicle carrying them, traveling in the opposite direction, collided with a sports utility vehicle (SUV). The identities of the victims and the cause of the crash remain unclear. Among the deceased are a national team coach and two alpine ski ra
August 22, 2024 -
Survey reveals widespread AI adoption among Korean firms
SEOUL, August 22 (AJU PRESS) - Three out of four South Korean companies have either implemented or are piloting artificial intelligence (AI) technologies, according to a study released Thursday. The survey, conducted in March by data storage company Pure Storage and pollster Embrain, involved IT professionals from 200 domestic firms with over 500 employees. The findings indicate that 34.5 percent of businesses have already integrated AI into specific departments, while 39 percent
August 22, 2024 -
Seoul residents eat less fruit and veg, study reveals
Boxes of grapes are displayed at a supermarket chain in Seoul on Aug. 11, 2024. Yonhap SEOUL, August 22 (AJU PRESS) - Rising prices of fruit and vegetables have taken a toll on the dietary habits of Koreans, a survey reveals. According to a report released by the Seoul Institute on Thursday, based on a long-term analysis of nearly 13,000 residents in Seoul between 2012 and 2021, their average daily fruit consumption decreased by 33.2 percent from 182.4 grams to 121.8 over the decade.
August 22, 2024 -
Blast at Indian pharmaceutical plant claims 17 lives
SEOUL, August 22 (AJU PRESS) - An explosion at a pharmaceutical factory in Andhra Pradesh, southern India, has resulted in 17 fatalities and injured nearly 40 people. The incident, which occurred on Wednesday at Escientia Advanced Sciences' 40-acre facility in Anakapalli district, marks the state's worst such event in recent years. As of Thursday, rescue operations have concluded, according to a senior state official. The blast is believed to have originated in a chemical re
August 22, 2024 -
Thailand holds steady on key interest rate amid political shifts
SEOUL, August 22 (AJU PRESS) - Thailand's central bank maintained its key interest rate at 2.5 percent on Wednesday, marking the fifth consecutive hold, amidst political changes and economic uncertainties. The Bank of Thailand's (BOT) monetary policy committee decided to keep the rate steady, aligning with most economists' expectations in a recent survey, according to Reuters. BOT Assistant Governor Piti Disyatat commented on the potential for future adjustments, sayi
August 22, 2024 -
Japanese cartoonist of atomic bomb manga inducted into U.S. comics hall of fame
SEOUL, August 22 (AJU PRESS) - Keiji Nakazawa, the creator of "Hadashi no Gen" (Barefoot Gen), a seminal manga depicting the 1945 atomic bombing of Hiroshima, has been posthumously inducted into the Will Eisner Comic Awards Hall of Fame on Thursday, Kyodo News reported. Nakazawa, who survived the bombing at age six, lost several family members in the attack. His autobiographical work, first published in 1973, has been widely translated and used as an educational tool to te
August 22, 2024 -
Korea's scientific output lags behind heavy investments: Nature
SEOUL, August 22 (AJU PRESS) - South Korea's research output is not keeping pace with its substantial investments in science and technology, as gender gaps, a shrinking population and cultural barriers hinder the country's innovation ecosystem, a new report from Nature said. The prominent science magazine released a special edition of Nature Index focusing on South Korea's research landscape on Wednesday. According to the report, South Korea leads major countries in
August 22, 2024 -
Underdog Korean high school in Kyoto reaches baseball championship final
SEOUL, August 22 (AJU PRESS) - A small school in the historic town of Kyoto, Japan advanced to the final of Koshien, the island country's annual high school baseball tournament. Kyoto International Junior and Senior High School defeated Aomori Yamada Junior and Senior High School in the semifinals held in Hyogo, western Japan on Wednesday. Only 49 baseball teams from about 4,000 Japanese high schools qualify to compete in the prestigious baseball tournament held every summer.
August 22, 2024 -
Korean banks log record interest income in first half
SEOUL, August 22 (AJU PRESS) - Korean banks posted a record-high interest income of 29.8 trillion won ($22.3 billion) in the first half of 2024, up 1.4 percent year-on-year, the Financial Supervisory Service (FSS) reported on Thursday. However, net profit for the period declined by 11 percent to 12.6 trillion won, primarily due to a decrease in non-interest income and operating losses from provisions for equity-linked securities (ELS). The FSS noted that banks' interest incom
August 22, 2024 -
Bank of Korea holds key rate amid property market concerns
SEOUL, August 22 (AJU PRESS) - Korea's central bank kept its benchmark interest rate unchanged at 3.5 percent on Thursday amid concerns over rising housing prices and household debt. The Bank of Korea's (BOK) Monetary Policy Board decided to freeze its seven-day repurchase rate for the 13th consecutive time since February 2023, marking the longest-ever streak of rate holds. The decision was widely expected. Despite BOK Governor Rhee Chang-yong's recent hints in July o
August 22, 2024
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S-Oil signs MOU with T'way Air for sustainable aviation fuel supply
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Korea's imports of Chinese EVs surpass 1 trillion won
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Hanwha Ocean commits to strengthening workplace safety following worker fatalities
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PHOTOS: Indian Embassy teases upcoming festival
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Taihan Cable wins first U.S. HVDC contract
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GS Caltex exports commercial-scale bio aviation fuel to Japan
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Samsung launching AI-based washer-dryer in Peru, Argentina
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USFK nominee warns of North Korean missile threats
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India's expanding medical device market presents opportunities for global companies
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UN reports Myanmar junta killed 5,350 civilians since 2021 coup