Ruling camp on edge as South Korea's April 10 polls approach

SEOUL, March 29 (AJU PRESS) - South Korea's upcoming general elections, scheduled for April 10, are shaping up to be a nail-biter, with pre-election surveys painting a conflicting picture and a resurgent third party threatening to shake the traditional two-party dominance. While the ruling People Power Party (PPP) is vying to regain control of the National Assembly, its position appears precarious. Discrepancies among major polling firms highlight the uncertainty: Hankook Rese

March 29, 2024

HD Hyundai selected to support Peruvian Navy's modernization project

SEOUL, March 29 (AJU PRESS) - South Korea's HD Hyundai Heavy Industries (HHI) has been chosen as the preferred bidder to assist in constructing four naval warships for the Peruvian Navy, worth $462.9 million. The project is the largest defense export by a South Korean company to South America. Peru's state-run SIMA Peru S.A. said on Thursday HHI was selected as the preferred negotiator for its joint project to build a 3400-ton frigate, a 2200-ton offshore patrol vessel, an

March 29, 2024

London-based investment firm to acquire S. Korean solar energy company

SEOUL, March 28 (AJU PRESS) - Investment firm Actis announced Thursday it is set to acquire Argo Energy, a South Korean company specializing in solar energy, as part of its initiatives to strengthen renewable energy projects in Asia. Based in London, the company aims to generate solar energy capable of powering over 85,000 households annually in South Korea, the eighth largest energy consumer in the world. Argo Energy specializes in developing small-sized solar panels and rooftop

March 28, 2024

Brazilian fintech company looking for deals with S. Korean content firms

SEOUL, March 28 (AJU PRESS) - Brazilian financial technology company EBANX is seeking partnerships with South Korean companies in the content industry to expand its business in countries in Latin America. The fintech firm, which provides payment services in 17 Latin American countries, has emphasized the importance of adopting local payment systems to launch businesses in Latin America, at a business forum in Seoul. During this forum on March 21, EBANX's Chief Marketing Offic

March 28, 2024

Seoul's bus labor union launches strike for first time in 12 years

SEOUL, March 28 (AJU PRESS) -- The operation of about 98 percent of buses running in Seoul came to a halt, Thursday, as unionized bus drivers began a general strike for the first time in 12 years, since 2012. Despite extensive negotiations lasting more than 11 hours, they failed to reach an agreement with management authorities. The two parties had been engaged in talks since 3 p.m. (0600 GMT) on Wednesday and continued for over 11 hours. However, they failed to reach an agreement

March 28, 2024

Turkish automotive association seeks partnership with S. Korean companies

SEOUL, March 28 (AJU PRESS) -- Türkiye's automotive industry exporters' association has stressed the importance of cooperation between two "brother countries" -- Türkiye and South Korea -- to become main players in the global finished car and car parts market. Uludağ Automotive Industry Exporters Association (OiB), organized an Automotive Sectoral Trade delegation to Seoul and held a series of business-to-business (B2B) meetings with South Korean counte

March 28, 2024

[OPINION] US political turmoil reflects our wider society – in 2024 and earlier elections

KENOSHA -- “We have met the enemy and he is us.” The ironic statement is from the durable comic strip “Pogo” by cartoonist Walt Kelly, widely syndic

March 27, 2024

Hanwha's cooperative robot wing showcases robot sommelier at 'Smart Factory + Automation World'

SEOUL, March 27 (AJU PRESS) -- At the "Smart Factory + Automation World (SFAW)," an annual tech event held in Seoul, the cooperative robot business wing of South Korea's Hanwha Group has showcased a robot sommelier that can decant wine, a crucial step for separating clean wine from sediment. By integrating artificial intelligence with various types of robots, the company aims to automate processes within the food tech sector. Decanting is the process of removing unne

March 27, 2024

[INTERVIEW] S. Korean mobility solution company targets historical city as gateway to Viet Nam

SEOUL, March 27 (AJU PRESS) -- Gbike, a South Korean mobility solution company, is set to expand its eco-friendly electric scooter and electric bicycle-sharing services into Viet Nam's historical city of Hue. With operations already in Los Angeles and Thailand, Gbike aims to introduce its services to Hue City, which boasts a rich cultural heritage. Personal mobility services, including electric scooter and bicycle-sharing services, became extremely popular in South Korea durin

March 27, 2024

Le Sserafim's "Easy" named on Billboard's top 200 popular albums chart for four consecutive weeks

SEOUL, March 27 (AJU PRESS) -- Le Sserafim's "Easy" has been named on Billboard's top 200 popular albums chart for four consecutive weeks. The album, containing five songs, depicts the story of the five-member band's concerns and fears that hide behind its confident demeanor. Billboard's chart released on March 30 showed that Easy ranked 112th on the Billboard 200 chart. The music video of its title track, "Easy," currently has garnered over 70

March 27, 2024