Kia Corp., South Korea's second-biggest carmaker, said Thursday it will sell only electric vehicles in Europe from 2035 and in other major markets from 2040 as it seeks to gradually phase out internal combustion-engine cars in global markets.    Kia announced the 2045 carbon neutrality strategy as governments around the globe are adopting more aggressive policies to fight climate change and carmakers are stepping up efforts to transition away from fossil fuels.    Under th

Even for Seoulites, the city will look very different when seen as a backdrop for eye-opening performances and art exhibitions.   Seoul Street Arts Festival, which is organized by the Seoul Foundation for Arts and Culture, will be held in three districts -- Mullae, Yongsan, Seodaemun – and on Nodeul Island in the capital through Sunday. A total of 30 different art groups are showcasing 30 different performances and art exhibitions during the festival. Along with the offline event, t

The National Museum of Korea announced Thursday that it will complete classifying and examining the artworks bequeathed by the late Samsung Group Chairman Lee Kun-hee by 2025. The announcement came after the Ministry of Culture, Sports and Tourism announced Tuesday that nearly all of the works of art bequeathed Lee would be housed together at the “Lee Kun-hee Donation Hall,” which is to open in Songhyeon-dong, Seoul, in 2027. The museum added that it will transfer all the donated

South Korea and Indonesia reached an agreement Wednesday on the payment Indonesia would have to make for their joint fighter jet project after concerns for months that Jakarta could default on the deal to produce a cheaper, less-stealthy alternative to the US-made F-35. The KF-21 program -- in which Indonesia seeks a 20 percent share and technology know-how while Korea holds the rest -- aims to mass produce jets as early as 2027, but the Southeast Asian nation had hardly paid its contributions

Kai of EXO is putting out his second solo EP, “Peaches,” Nov. 30, label S.M. Entertainment announced Thursday. 　 It has been about a year since his eponymous album, which topped iTunes top albums charts in 55 regions as well all major charts at home. The music video for the song “Mmmh” had more than 100 million views on YouTube as of October. 　 The second EP consists of six tracks that span across genres. 　 Meanwhile, he will appear as one of six entertainers competin

Samsung Electronics receive 43, LG Electronics 24 CES 2022 Innovation Award honors

SK Group announced Thursday that it will invest $340 million in Crown X, a consumer retail platform within Vietnam’s Masan Group, in an effort to expand its strategic partnerships in Southeast Asia. SK Group recently bought a 9.5 percent stake in the Vietnamese consumer goods company, in line with its Global Story initiative to discover new market opportunities through direct foreign investment. Crown X is a subsidiary of Masan Group and owns Masan Consumer Holdings, a food and bevera

US Embassy refutes news reports, asking fair and thorough investigation

Critical COVID-19 patient numbers reach new high for 2nd day in a row

Japan’s newly appointed Foreign Minister on Thursday expressed willingness to step up dialogue with South Korea to improve their strained ties, but urged Seoul to take appropriate action to resolve the historical issues at the center of their feud.  Veteran lawmaker Yoshimasa Hayashi was named the country’s top diplomat the previous day, as Fumio Kishida was formally inaugurated as Japan’s new prime minister. Hayashi replaced Toshimitsu Motegi, who now occupies the rulin

South Korean e-commerce giant Coupang has launched a three-day “Singles Day Mega Sale” to celebrate China’s annual shopping bonanza. The massive sales, from Nov. 10 to 12, was inspired by the Chinese version of US’ Black Friday. During the event, Coupang plans to woo Chinese customers with daily special offers using its “Rocket Jikgu” overseas delivery service. The firm will hand out coupons for an additional 10,000 won off purchases of 60,000 won or more.