Opinion: Cryptocurrencies use massive amounts of power – but eco-friendly alternatives come with their own risks

SEOUL, June 7 (AJU PRESS) - As the urgency of climate change ramps up, focus is increasing on digital currencies to address their environmental impact. According to industry forecasts, the global cryptocurrency market is expected to surge to US$4.94 billion by 2030. But the process of mining digital currencies such as Bitcoin requires immense computational power – causing a significant drain on energy resources. "Miners" use sophisticated hardware to solve compl

June 7, 2024

PHOTOS: Gov't offers exit option for trainee doctors in protest

SEOUL, June 5 (AJU PRESS) - The government announced it will allow hospitals to accept resignations from trainee doctors in protest, paving the way for them to return to work or find new jobs elsewhere. That removes legal burdens that might have prevented their return. Minister of Health and Welfare Cho Kyoo-hong said Wednesday that the government will allow hospitals to accept their resignations, enabling them to pursue other career paths. He also said there will be no penalties for the stri

June 5, 2024

Korean, African business leaders discuss stronger economic ties

SEOUL, June 5 (AJU PRESS) - Korea signed a slew of agreements aimed at boosting cooperation with African countries during a business summit held in Seoul, the Ministry of Trade, Industry and Energy said Wednesday. The business gathering on the sidelines of the inaugural Korea-Africa Summit the previous day to discuss business opportunities was attended by Korean and African government officials, business leaders and prominent African state leaders. Among them were Mohamed Ould C

June 5, 2024

PHOTOS: Activists take to streets to mark World Environment Day

SEOUL, June 5 (AJU PRESS) - Gwanghwamun Square, at the heart of Seoul, turned into a stage for environmental activism on Wednesday. Marking World Environment Day, Green Korea United, a prominent environmental organization, staged a guerrilla street performance titled "Symbiosis," calling for legal personhood for animals, plants and the natural environment. By bestowing legal rights upon cherished natural habitats and threatened wildlife, a stronger foundation can be laid for th

June 5, 2024

G-Dragon joins KAIST as visiting professor

SEOUL, June 5 (AJU PRESS) - G-Dragon of boy band Big Bang has joined the Korea Institute of Science and Technology as a visiting professor, the tech-heavy school said Wednesday. He will offer lectures for graduate and undergraduate students in Department of Mechanical Engineering during his two-year tenure until June 2026. Known for his flamboyant style and interest in fashion, the singer is expected to bridge cutting-edge technology with pop culture, sharing his experiences as a

June 5, 2024

Netflix' erroneous Spanish subtitle for East Sea triggers anger among Koreans

SEOUL, June 5 (AJU PRESS) - Netflix's latest Korean hit series caused a stir by erroneously referring the East Sea as the "Sea of Japan" in its Spanish subtitle, reigniting patriotic Koreans' sentiments about the geographical name. "The 8 Show," which has been popular since its release last month, used the "unproper" exonym for Koreans in a scene where one male character sings Korea's national anthem. The erroneous description quickly r

June 5, 2024

Samsung Climate Control's stock soars amid growing demands for data center cooling devices

SEOUL, June 5 (AJU PRESS) - Samsung Climate Control's stock price has soared amid growing demand for cooling devices for data centers, driven by the ongoing artificial intelligence (AI) boom. The company's shares closed at 14,990 won ($10.94) on Tuesday, marking a 22.82 percent increase from the previous day's close. The car parts unit of the tech giant Samsung specializes in HVAC (heating, ventilation, and air conditioning) technology. Data centers, the backbone of A

June 5, 2024

SM Entertainment warns cyberbullies targeting boy band NCT members

SEOUL, June 5 (AJU PRESS) - SM Entertainment, one of Korea's iconic entertainment powerhouses, sent out a stern warning against cyberbullies on Wednesday, pledging to take legal action against groundless online rumors without leniency, regardless of who they are. The announcement came shortly after social media posts written in Japanese were uploaded early this week, accusing two members of the boy band NCT -- Johnny and Haechan -- of visiting a hotel with a fan in Japan. Thes

June 5, 2024

LG Energy Solution and Analog Devices join forces to enhance battery management technology

SEOUL, June 5 (AJU PRESS) - LG Energy Solution and Analog Devices, Inc. (ADI) have signed a memorandum of understanding (MOU) to collaborate on the development of advanced battery cell internal temperature measurement technology for electric vehicles. The signing ceremony took place at ADI's headquarters in Boston, Massachusetts, on Wednesday (local time). Under the two-year agreement, the companies will work together to supply high-performance battery management integrated circ

June 5, 2024

Opinion: Modi's narrow win suggests Indian voters saw through religious rhetoric, opting instead to curtail his political power

SEOUL, June 5 (AJU PRESS) - India's ruling Bharatiya Janata Party, or BJP, had hoped for a landslide victory in the country's six-week general election – the largest display of democracy, by far, in a year of voting around the world. But with results still coming in on June 4, 2024, the party, led by Prime Minister Narendra Modi, looked to be heading to only a narrow parliamentary majority. The BJP needs 272 seats to form a government on its own, failing which it wil

June 5, 2024