Leaders of the American Chamber of Commerce in Korea recently concluded their senior-level “Doorknock” meetings in Washington, during which the delegation met with key officials of the Trump Administration, Congress and policy think tanks to discuss issues regarding Korea-US relations, according to a press release from AmCham on Sunday.During their visit last week, AmCham officials held more than 50 meetings from Monday to Thursday with White House officials and congressional leaders

 South Korea’s test bed for autonomous cars, dubbed K-City, is expected to complete construction in the second half of next year, as the government aims to commercialize level 3 self-driving by 2020.“Autonomous driving is a complex technology that encompasses various sectors including the automotive, artificial-intelligence, information and communication industries. We hope K-City becomes a hub for cooperation among local and foreign companies and academia.” said the spokesperson for the Korea T

President Moon Jae-in on Sunday named seven key members of the Cabinet and his secretariat, focusing on the diplomatic sector as part of his plan to tighten ties with partner states.(Yonhap)As deputy prime minister and finance minister to supervise the nation’s economic affairs in general, the president picked Kim Dong-yeon, incumbent chief of Ajou University, according to Cheong Wa Dae.(Yonhap)Kang Kyung-wha, policy aide to United Nations secretary-general, was tapped as foreign minister. Yonse

A consumer spends an average of over 160,000 won ($142) per year while watching advertisements on their mobile devices, showed a report released by a civic consumer group Friday.Last year, this was made up of 66,613 won spent on data to watch the ads, while the opportunity cost per time spent watching the ads came to 94,389 won, the Green Consumer Network said.The data expenses were gathered based on a report by digital ad agency DMC Media, which had shown that an online user watched an average

As you may have heard, soon-to-be-former President Donald Trump is very bad at being president.　Technically, that’s still just an opinion, but it’s edging ever-closer to becoming an indisputable fact.　We learned this week that Trump managed to blab classified information to Russian diplomats during a jovial Oval Office meeting that was closed to everyone except a Russian media outlet. The sensitive intelligence that was shared reportedly came from Israel and, according to the Wall Street Journal

Hyundai Motor, South Korea’s leading automotive company, on Friday officially denied a local news report that it is planning to convert into a holding company next week.Local news outlet Maeil Business Newspaper had reported that Hyundai Motor Group will hold a board member meeting next week to introduce a holding company structure.“The report that Hyundai Motor will convert into a holding company next week is not true,” said the spokesperson of Hyundai Motor Group.(Yonhap)Following Hyundai’s of

SEOUL EDITION -- British luxury carmaker Rolls-Royce Motor Cars on Friday unveiled the Ghost Seoul Edition, with an illustration of the landmark Namsan Seoul Tower, along with the colors red, blue, white and black inspired by Korea’s Taegeukgi, at its showroom in Cheongdam-dong, southern Seoul. (Yonhap)

MOKPO -- A set of bones found intact in the wreck of the Sewol ferry was confirmed to be that of a student who went missing in the 2014 disaster, officials said Friday.The remains found on Tuesday underwent multiple analyses by medical experts and have been confirmed to be of Heo Da-yoon. Heo Da-yoon (Yonhap)Officials said they checked the body's teeth and compared them to the dental records of the missing victims.She is the second person who has been identified based on the remains found during

The Bank of Korea has completed moving more than 10 trillion won ($8.88 billion) of cash -- previously stashed in an underground vault -- to its Gangnam office, bank officials said Friday.The move comes as the central bank will be starting its three-year renovation of its headquarters in central Seoul from the second half of the year. This will include reconstruction of the main annex building to enhance security and safety, the BOK said. While most of the BOK’s departments are moving

Under the new Moon Jae-in administration, the Finance Ministry has set up renewed guidelines for next year’s budget prioritizing Moon’s key policies, such as job creation and income growth, the ministry said Friday.The Ministry of Strategy and Finance said it has revised its budget guidelines for 2018, which had been announced on March 31, to reflect the new government’s key policy tasks. “To reflect the new government’s policies and streamline the fiscal spend

Startup COOLJAMM Company announced Thursday that it is planning to release an iOS version of its independently developed music composition application “HumOn” in August. HumOn is a mobile application that analyzes a melody hummed by the user and converts it into sheet music and even creates accompaniment chords. In this way, the application enables those with no professional training in music to create and write their own music simply by humming a tune.  A screenshot of the music composition app

Startup Crevel Korea announced on Thursday that it entered into a business agreement with the large Chinese baby goods store Cheerbb for the use of Crevel’s trademarks and trademark rights and technology transfers related to its products. Crevel produces innovative toy blocks designed to nurture the creativity of infants and children.The most prominent feature of Crevel’s toy blocks is that they are made from a flexible material, unlike the typical rigid and sharply angled products of other comp

Startup Radsone announced Thursday that it will be launching a campaign on Kickstarter, the American crowdfunding platform, for its high-definition Bluetooth receiver EarStudio on May 31. A Radsone spokesperson explained the product, saying, “EarStudio uses dithering to eliminate the noise that is present in most digital audio signals, allowing for the reproduction of sound that is both natural and sharp. We will be selling EarStudio on Kickstarter to early-bird customers at the discount price o