Business
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CJ CheilJedang promotes Korean food with Times Square ad
SEOUL, July 18 (AJU PRESS) - CJ CheilJedang, a leading Korean food company, announced its large-scale 3D advertisement for its Bibigo brand in New York's Times Square on Thursday, aiming to boost global recognition of Korean cuisine. The advertisement, which began on July 1 and will run for eight weeks until August 25, features a 3D media art display showcasing Bibigo's new logo, brand slogan 'Live Delicious,' and popular products such as dumplings and chicken. It wi
July 18, 2024 -
Carcinogens found in underwear sold on e-commerce site Shein
SEOUL, July 18 (AJU PRESS) - Korean authorities have discovered a carcinogenic substance in women's underwear sold on Shein, a popular Chinese e-commerce platform. The Seoul Metropolitan Government announced on Thursday that the underwear contained arylamine, a known carcinogen, at levels nearly three times higher than the Korean safety standard. The investigation, conducted from June 11 to July 11, examined 330 items including clothing, cosmetics, food containers and hygiene pr
July 18, 2024 -
Korea's KHNP selected as preferred bidder for Czech nuclear plant project
SEOUL, July 18 (AJU PRESS) – A Korean consortium led by the state-run Korea Hydro & Nuclear Power (KHNP) has been selected as the preferred bidder to construct nuclear power plants in the Czech Republic, estimated to be worth 400 billion koruna ($17.3 billion). The Czech government announced on Wednesday that KHNP was chosen over French electric utility firm Électricité de France to build at least two nuclear reactors in Dukovany. The deal would mark a sig
July 18, 2024 -
SK Innovation, SK E&S boards approve mega-merger plan
SEOUL, July 18 (AJU PRESS) - The boards of SK Group's two energy subsidiaries, SK Innovation and SK E&S, have approved a plan to merge on Nov. 1, which will result in the creation of Asia's largest energy company with assets worth 106 trillion won ($76.8 billion). As part of a large-scale business restructuring effort, SK Group has been pushing for a merger between SK Innovation, the energy holding company, and SK E&S, an unlisted affiliate. Under the plan passed
July 18, 2024 -
Health supplement brand Foodology garners popularity in Japan
SEOUL, July 17 (AJU PRESS) - Foodology, a health supplement brand created by Adapt, topped sales in the food category during a large-scale online discount event in Japan in the second quarter, the Korean beauty product maker said Wednesday. The event, called "Mega Wari," is a major quarterly promotion held four times a year on Qoo10 Japan, an online marketplace. Foodology achieved cumulative sales of over 60,000 units, nearing daily sales of 200 million won ($144,770),
July 17, 2024 -
SK Innovation, SK E&S boards discuss proposed merger
SEOUL, July 17 (AJU PRESS) - SK Group's two energy subsidiaries, SK Innovation and SK E&S, are holding board meetings on Wednesday to discuss a merger proposal, which could result in the creation of a mega energy company with assets worth 106 trillion won ($76.8 billion) as early as November. As part of a business restructuring effort, SK Group has been pushing for a merger between SK Innovation, the energy intermediate holding company, and SK E&S, which is considered a
July 17, 2024 -
Samsung teams up with Tomorrow X Together for new brand song
SEOUL, July 17 (AJU PRESS) - Samsung Electronics unveiled a new Galaxy brand song titled "Open Always Wins" on Wednesday in collaboration with K-pop group Tomorrow X Together (TXT). The release of the song, which aims to emphasize the Galaxy brand value of "openness," coincides with the launches of new products such as the Galaxy Z Fold6 and Z Flip6. The alternative rock track features energetic guitar sounds and powerful vocals, encouraging listeners to appro
July 17, 2024 -
Korean cosmetics exports hit record high in first half
SEOUL, July 17 (AJU PRESS) - South Korea's cosmetics exports hit a record high of $4.82 billion in the first half of 2024, an 18.1 percent increase from the same period last year, driven by robust global demand, particularly in the United States, according to data from the Korea Customs Service released on Wednesday. If this trend continues, annual exports could surpass $10 billion for the first time, surpassing the previous record of $9.22 billion set in 2021. The trade su
July 17, 2024 -
SK Ecoplant to merge with 2 promising group units ahead of IPO
SEOUL, July 17 (AJU PRESS) - SK Ecoplant, a construction arm of SK Group, is expected to absorb two group companies as part of efforts to improve its bottom line ahead of its planned public offering. Industry sources said SK Ecoplant’s board may approve its integration of SK Materials Airplus, an industrial gas company, and Essencore, a semiconductor processing and distribution unit, on Thursday. SK Materials Airplus produces industrial gases required for semiconductor proc
July 17, 2024 -
Krafton unit's 'Dark and Darker Mobile' game set for global test
SEOUL, July 17 (AJU PRESS) - Bluehole Studio, a subsidiary of game developer Krafton, is accepting applications for a large-scale global test of its upcoming game "Dark and Darker Mobile." The test, scheduled for August 1 to 11, will be available in key markets including the United States, Japan, Türkiye, and Korea. The game will introduce new content, including a highly anticipated "Wizard" class, which specializes in powerful ranged attacks. It will als
July 17, 2024
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Seoul expresses regret over Japan's handling of memorial service at Sado mines
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Value of North Korean currency has dropped sharply in recent months: report
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BTS' Jungkook nominated for multiple Billboard Music Awards
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PHOTOS: Star-studded cast introduces new thriller series 'Family Matters'
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Exports of dried seaweed set new record as global demand soars
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Bank branches, ATMs shrink as digital banking grows
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North Korea cuts power lines to shuttered industrial complex in Kaesong
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India rejects Apple's request to withhold antitrust report
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Japan, Italy sign military cooperation pact
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Tourist boat sinks off Red Sea coast, 16 missing