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Cuban diplomat visits Seoul for talks on opening embassy
Wang voices hope to develop bilateral ties with S. Korea 'without interference'
NewJeans' members' parents complained to Hybe, email shows
Ministry, doctors clash over decision process of expansion plan
Seoul vows action over Naver's Line, Yahoo dispute
[New faces of Assembly] Trump factor sets mood for South Korea to cultivate its ‘nuclear potential’: lawmaker-elect
Samyang shares soar on upbeat sales of Buldak ramyeon in US
[Herald Interview] S. Korea, EU embrace 'great opportunities' for advancing climate action: envoy
[Today’s K-pop] Seventeen hits Billboard 200 at No. 5 with best-of album
NewJeans to appear on reality show amid ‘Hybe-Ador’ dispute
Ador CEO’s fate to be decided on May 17
China’s AliExpress, Temu sign rare pact in Korea to ensure product safety
[Herald Review] Highlight kicks off Asia tour with memory-filled Seoul concert
Seoul shares almost flat ahead of US inflation data
Samsung doubles down on Vietnam
[Herald Interview] Kimsooja expands Bottari philosophy with vast mirror installation
Processed food satisfaction rate keeps falling: report
Herald CEO named chief of foreign language newspaper association
Yuhan-Kimberly’s reforestation campaign marks 40th year
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Doosan wins W150b supply deal for Saudi power plants
Mar 11, 2024
Doosan Enerbility, a leading energy solutions provider in South Korea, announced on Monday that it has signed a contract valued at 150 billion won ($114 million) to supply equipment for Saudi Arabia's largest combined-cycle power plant project. The agreement was reached with China’s SEPCO-3, responsible for the engineering, procurement and construction of the combined-cycle power plants in the T...
Samsung Electronics to launch washer-dryer combo globally in Q2
Mar 11, 2024
Samsung Electronics said Monday it will launch its latest Bespoke AI Combo washer-dryer globally within the second quarter of this year. The Bespoke AI Combo, which combines a 25 kilogram washing capacity with a 15 kg heat-pump drying capability, debuted in South Korea late last month. Within just two weeks, it garnered significant popularity, with over 3,000 units sold in the country. "We've ...
Samsung’s H1 hiring season starts Monday
Mar 11, 2024
Samsung Group, South Korea’s top conglomerate, said Sunday that its official recruitment in the first half of this year will start Monday, with 19 affiliates joining the large-scale hiring of entry-level workers. The key affiliates include Samsung Electronics, Samsung Display, Samsung Biologics, Samsung SDS and Samsung SDI, Samsung C&T, Samsung Life Insurance and The Shilla Hotel. Applicants ar...
EcoPro to inject W1.2tr in Pohang battery hub
Mar 11, 2024
South Korean battery materials maker EcoPro said Sunday it would invest 1.2 trillion won ($910 million) in its Pohang campus in North Gyeongsang Province this year to expand its comprehensive secondary battery supply chain, which covers everything from producing key components to recycling. The company plans to allocate 690 billion won to expanding its precursor plant, with additional funds dire...
Factorial Energy, Hyundai Motor step forward in EV battery development
Mar 11, 2024
Alex Yu, CTO of US battery developer, says competition encourages advancement of solid-state battery technology
Hanwha Ocean hints at entering drilling business
Mar 11, 2024
Hanwha Ocean, a South Korean manufacturer specializing in ships and LNG plants, has recently registered two trademarks for new entities, hinting at its expansion into maritime energy development, according to industry sources, Friday. The registration of these two trademarks -- Hanwha Drilling and Hanwha Haeun (the direct romanization of the Korean term for "shipping") -- indicates the company’s...
Shinsegae’s 55-year-old heir promoted to chair
Mar 8, 2024
South Korean retail giant Shinsegae Group said Friday that it has promoted Chung Yong-jin, the 55-year-old son of the conglomerate’s Chair Lee Myung-hee, to chair with a mission to address the challenges in the country’s retail sector. "The increasingly competitive retail market is facing a wide variety of crisis factors, making 'strong leadership' even more necessary than in the past,” said Shi...
Handok-Genexine’s long-acting growth hormone gets orphan drug status in Korea
Mar 8, 2024
South Korean pharmaceutical company Handok announced Friday that GX-H9, a long-acting recombinant human growth hormone it co-developed with Genexine, has won orphan drug designation from the country's Ministry of Food and Drug Safety. Handok said the designation for GX-H9, which it received on Monday this week, will help the company speed up the launch of the medicine. In Korea, when a drug qua...
Lotte Group CEOs gather for AI conference in digital push
Mar 8, 2024
South Korean retail giant Lotte Group Chair Shin Dong-bin is stepping up efforts to increase the group’s artificial intelligence capability. Lotte Group, on Friday, announced that the company held a conference on AI technology at Lotte World Tower on Thursday. Around 110 officials from the group and its affiliates joined the conference, including Lotte Group Chair Shin, his eldest son and execut...
Hyundai Mipo Dockyard christens ship set for self-sailing test
Mar 8, 2024
South Korean shipbuilder Hyundai Mipo Dockyard on Friday held a christening ceremony for a container ship in this southeastern port, which is slated to undergo a test for autonomous navigation. The 1,800 twenty-foot equivalent unit (TEU) vessel, christened the Pos Singapore, will be delivered to Pan Ocean, South Korea's leading bulk carrier, at the end of this month, the shipyard said. In April...
Air Premia, Air Incheon strong contenders for Asiana’s cargo arm
Mar 7, 2024
Close competition is predicted among the four domestic low-cost carriers vying for the acquisition of Asiana Airlines' cargo division, with Air Premia and Air Incheon emerging as the prime contenders, according to industry sources on Thursday. Financial services firm UBS, which is overseeing the sale of Asiana Airlines' cargo division, recently selected four LCCs -- Jeju Air, Eastar Jet, Air Pre...
Lotte, LG in talks to sell petrochemicals plants
Mar 7, 2024
Korean petrochemicals firms are downsizing their businesses as they are grappling with lower demand and higher supply of products from China, according to industry sources Thursday. Lotte Chemical, South Korea’s leading petrochemicals company, has reportedly embarked on the process of selling its Malaysian unit Lotte Chemical Titan Holdings. In addition, its domestic rival LG Chem is said to be ...
Hyundai E&C seeks to join UK SMR project
Mar 7, 2024
Hyundai Engineering & Construction announced Wednesday that the company signed business agreements with US energy equipment supplier Holtec International, and with UK construction firms Balfour Beatty and Mott MacDonald, in a bid to join the UK government’s small modular reactor project. The UK government plans to expand nuclear energy capacity to 24 gigawatts by 2050, through building a fleet o...
HD Hyundai Heavy opens engineering office in Manila
Mar 7, 2024
South Korean shipbuilding giant HD Hyundai Heavy Industries said Thursday it has opened an office in the Philippines in an effort to tap deeper into Southeast Asia's growing warship market. HD Hyundai Heavy, a unit of HD Korea Shipbuilding & Offshore Engineering, said it held an opening ceremony for the engineering office for special vessels in Manila on Wednesday. The office will be manned by ...
Korean firms eye chances in net zero, global market: ChatGPT report
Mar 6, 2024
Early adoption of AI technology would be decisive factor for market positioning
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Controversy rekindled over when to name criminals, suspects
Seoul transit pass for travelers to be available starting July
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Hybe-Ador CEO conflict gets messier
Battery makers ramp up efforts to diversify graphite supply chain
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Prosecutors to summon pastor who allegedly gave Dior bag to first lady
‘Monk’ DJ spreading Buddhism goes global
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[LLG] Unseen inheritance: Trauma of transnational adoption 'trickles down' to adoptees' children
Court's ruling set to shape path of medical school expansion
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[KH Explains] Hyundai Motor’s plan for new landmark keeps hitting bumps
Loans of self-employed swell 50% in four years
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