Latest news
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LTechUVC secures green ammonia supply deal in Thailand
SEOUL, June 26 (AJU PRESS) - Korea's LTechUVC has signed a supply deal with Thai energy company MA Corporation Oil Co. to supply 200,000 tons of green ammonia annually for 15 years. The green ammonia producer said the two entities held a signing ceremony in Bangkok on Tuesday (local time). A total of 3 million tons of green ammonia, valued at $2.25 billion, will be supplied to MA Corporation Oil over 15 years. MA Corporation Oil specializes in energy trading, supplying oil an
June 26, 2024 -
Samsung's Bespoke refrigerator sells 300 million units since 2019 launch
SEOUL, June 26 (AJU PRESS) - Samsung Electronics' Bespoke refrigerator has sold 300 million units in South Korea since its 2019 launch, the company said Wednesday. The Bespoke line revolutionized the appliance market by offering customizable product types, materials, and colors. In 2021, it expanded to 360 prismatic color options and introduced a lifetime warranty on its digital inverter compressor. 2022 saw the launch of the Bespoke Infinite Line, focusing on durability and
June 26, 2024 -
SK On inks lithium supply deal with ExxonMobil
SEOUL, June 26 (AJU PRESS) - Korean battery maker SK On has signed a memorandum of understanding with ExxonMobil to secure up to 100,000 tons of lithium from the U.S. oil giant's Arkansas brine field, the company said on Wednesday. The agreement, inked at in Fastmarkets LRBM Conference 2024, the world's largest lithium and battery raw materials conference in Las Vegas on June 24, aims to bolster SK On's supply chain of U.S.-sourced lithium, a critical component in electr
June 26, 2024 -
N. Korea's ballistic missile explodes shortly after launch
SEOUL, June 26 (AJU PRESS) - North Korea fired a ballistic missile toward the East Sea early Wednesday morning, but the missile exploded in mid-air shortly after liftoff, South Korea's Joint Chiefs of Staff (JCS) said. The JCS said the missile was launched at around 5:30 a.m. from an area near Pyongyang, but it is "believed to have failed." The South Korean and U.S. intelligence authorities are conducting further analysis. The missile launch follows Pyongyang'
June 26, 2024 -
Seoul mayor unveils controversial plan for towering patriotic flagpole
SEOUL, June 26 (AJU PRESS) - Seoul plans to erect a 100-meter flagpole in Gwanghwamun Square by 2026 to hoist a giant national flag, serving as a new national symbol to inspire patriotism. Conservative Mayor Oh Se-hoon unveiled the plan on Tuesday during a meeting with Korean War (1950-53) veterans at City Hall, commemorating the 74th anniversary of the conflict's outbreak. City officials said the envisioned pole will display the country's largest national flag, or Taege
June 26, 2024 -
Opinion: Julian Assange will be freed after striking plea deal with US authorities
SEOUL, June 26 (AJU PRESS) - Julian Assange has reached a deal with the United States Department of Justice to allow him to return to Australia after pleading guilty to violating American espionage law. Assange, 52, was released from London's Belmarsh Prison, where he has spent more than five years and later was seen at a London airport boarding a private plane. He left around 5 p.m. on Monday London time. Australia's High Commissioner to the United Kingdom, Stephen Smith, i
June 26, 2024 -
VISUALS: How to Remember Korean War
SEOUL, June 25 (AJU PRESS) - South Korea marked the 74th anniversary of the outbreak of the 1950-53 Korean War with solemn ceremonies across the country. The war began when the North made a surprise invasion at dawn on June 25, 1950, and escalated into an international conflict involving U.S.-led U.N. forces supporting the South, and the Soviet Union and China backing the North. The two Koreas are still technically at war, as the war ended in an armistice, not a peace treaty.
June 25, 2024 -
PHOTOS: Small business owners rally demanding freeze on minimum wage
SEOUL, June 25 (AJU PRESS) - Around 2,000 small business owners gathered in front of the National Assembly in Seoul's Yeouido to demand a freeze on the minimum wage for 2025 and the implementation of industry-specific rates. The Korea Federation of Micro Enterprise (KFME), the organizer of the rally, argued wage hikes would further worsen conditions for small businesses in food, accommodation and other sectors already suffering from declining sales amid an economic slowdown and increased
June 25, 2024 -
Korea's first transgender soldier laid to rest at national cemetery amid controversy
SEOUL, June 25 (AJU PRESS) - Korea's first-ever transgender soldier was buried at the National Cemetery in Daejeon on Monday. Some 60 activists gathered to protest her burial there, arguing her service did not qualify her to be laid to rest in the cemetery. Byun Hee-soo, who killed herself in 2021 after being forcibly discharged from the military, made headlines in Korea, a country known for its conservative stance on controversial LGBT issues. Born male in 1998, Byun enliste
June 25, 2024 -
PHOTOS: Rival regions seek harmony through cultural fest
SEOUL, June 25 (AJU PRESS) - North Gyeongsang Province and South Jeolla Province are holding a joint festival in Seoul to promote exchanges between the two regions, which have been politically at odds throughout history. The third annual event is underway at Gwanghwamun Square, central Seoul, from Monday to Wednesday. The festival features a dance contest, music concerts, an art exhibition, a tourism fair, media shows and an agricultural market.
June 25, 2024
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As Trump takes office, uncertainty looms for South Korea amid power vacuum
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Season's first fine dust advisory issued for Seoul
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Lotte Card faces uncertain prospects in second sale attempt
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Police in another attempt to search for evidence in martial law debacle
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Dozens of Yoon's young die-hard supporters to face arrest after violent court intrusion
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PHOTOS: Kyungdong Market in eastern Seoul offers authentic slice of local life
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Korean companies see opportunities, risks under Trump
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Korean petrochemical firms seek $1.37 billion by issuing bonds
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Yoon in isolated cell barred from seeing visitors as he remains uncooperative with questioning
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PHOTOS: Markets bustle with festive food ahead of Lunar New Year holidays