An SK Road sign is posted in Ivancsa, a Hungarian industrial village, in recognition of Korena battery-maker SK On's economic contributions to the region. The newly designated road stretches approximately 1.8 kilometers, connecting the Ivancsa industrial park to SK On’s electric vehicle battery manufacturing plant. SK On has also donated 15 million forints ($39,000) to local communities to help improve the urban environment, upgrade school facilities, revitalize local events and provi

A man who was convicted of rape in his 20s an once more in his 30s, has been sentenced to prison for rape yet again at the age of 45. The Seoul High Court on Wednesday upheld an earlier court ruling that gave a 15-year prison term to the defendant, surnamed Kim. It also ordered him to wear an electronic monitoring anklet for 20 years after he is released. "The initial ruling does not appear to be too heavy or too light in proportion to the crime," the court said in its verdict. Kim was

CJ Logistics, South Korea’s largest logistics firm, announced Thursday that it has commenced operations of its new cold chain logistics center in Gainesville, Georgia. The facility spans 24,904 square meters, with 90 percent dedicated to cold chain logistics and the remaining 10 percent allocated for ambient storage. The center can adjust the temperature in accordance with each product’s storage requirements. The center features a blast-freezing system that rapidly lowers product tem

진행자: 홍유, Elise Youn Deer incidents put Seoul's southern suburbs on alert 기사 요약: 경기 수원시에 이어 의왕시에서도 도로에 사슴이 나타나 소방당국에 포획됐다. [1] Residents south of Seoul are watching their step as another deer incident has put local authorities on high alert, just days after attacks left two people injured. watch one's step: 신중하게 행동하다 [2] A deer was spotted late Saturday on a roadway in Uiwang, Gyeonggi Province, prompting an immediate response from fire officials. The emergency call came in around

With some experts suspecting that the worn-down hull had caused last week's sinking of a 34-year-old boat, government data showed Thursday that nearly 40 percent of the fishing boats in South Korea are at least 21 years old. According to the Ministry of Oceans and Fisheries, 24,504 of the fishing boats in the country were aged 21 years or above as of 2023, accounting for 38.1 percent of all registered fishing boats. A total of 12,205 of them were built at least 26 years ago. Korea does no

The South Korean police on Thursday revealed the name, age and mugshot of a man accused of murdering his former girlfriend and injuring her mother. Seo Dong-ha, 34, is suspected of killing a woman in her 30s at an apartment complex in Gumi, North Gyeongsang Province, on Nov. 8. Seo also attacked the victim's mother, inflicting non-critical damage with his knife. He reported himself to the police and was arrested shortly after. Seo and the victim had dated for four months earlier in the ye

The annual college entrance exam kicked off nationwide Thursday with a record number of retakers driven in part by an increase in medical school admissions. A total of 522,670 students, including high school seniors and graduates, were registered to take the state-administered College Scholastic Ability Test, up 18,082 from last year. High school seniors numbered 340,777, accounting for 65.2 percent of the total, while graduates numbered 161,784, the largest figure since 2003. Many of the gradua

The Supreme Court on Thursday upheld a lower court's suspended prison sentence for former lawmaker Youn Mee-hyang convicted of embezzling funds donated to help support women who were forced into wartime sexual slavery by Japan during World War II. The top court confirmed the Seoul High Court's 1 1/2-year prison term, suspended for three years, delivered to Youn in September last year, saying the verdict did not contain any errors or misunderstanding of the legal principles. The top cou

South Korea's fiscal deficit grew markedly during the first nine months of 2024, the finance ministry said Thursday, partly due to increased expenditure. The managed fiscal balance, a key gauge of fiscal health calculated on stricter terms, posted a deficit of 91.5 trillion won ($65.1 billion) in the January-September period, up 20.9 trillion won from the same period last year, according to the finance ministry. This year's tally was the third-largest figure for the cited period, the m

The government unveiled a package of measures aimed at addressing long-standing consumer complaints in the wedding industry Thursday, which has often been cited as a significant factor driving up the high costs of marriage. The measures were introduced at an economic ministers' meeting in Seoul, led by Finance Minister Choi Sang-mok, who also serves as the deputy prime minister for economic affairs. "The high costs of wedding services have become a financial burden for young people, an

Finance Minister Choi Sang-mok said Thursday the government will take active steps, if necessary, to address excessive volatility in the foreign exchange (FX) market. Since Donald Trump's victory in the US presidential election last week, the local currency has been fluctuating around the psychologically significant level of 1,400 won against the US dollar. In a meeting with other economic policymakers in Seoul, Choi said that if there is excessive volatility in the financial and FX markets