Posco International, the trading arm of Posco Group, is seeking to triple sales at two of its gas fields in Australia by 2025 by leveraging its recently acquired Australian energy company Senex Energy, the Korean firm said Thursday. Posco International CEO Joo Si-bo visited the Senex Energy headquarters on Tuesday and Wednesday to look around the natural gas plants and meet with employees there,...

Litigation in the high court between internet provider SK Broadband and global streaming service Netflix is taking a twist, as Netflix invokes new logic to argue it has no obligation to pay network usage fees to the South Korean company. Legal representatives of Netflix argued in a Seoul High Court trial Wednesday evening that the two companies had consented to the principle that the interconnec...

While there, she had the opportunity to work at the world’s most prestigious medical schools, such as Harvard Medical School, University of North Carolina and the Johns Hopkins University School of Medicine. “I myself have experienced a lot of explosive growth come out of setbacks,” she said. She was two years’ behind her colleagues in Korea because she failed to get into the residency program ...

Retail investors who enjoyed record-low borrowing costs and abundant market liquidity during the COVID-19 pandemic have quickly come to face growing risks from plummeting stock and crypto markets hit by 40-year high inflation in the US and the rapid rate hikes that have followed. The benchmark Kospi on Thursday closed at 2,451.41, 0.16 percent higher from the previous close, when it dipped to it...

The state-run Korea Electric Power Corp. demanded an electricity rate hike for the three months starting July amid rising fuel costs and record losses. The company on Thursday submitted its rate outline to the Ministry of Trade, Industry and Energy and the Ministry of Economy and Finance, which will make the decision. Electricity rates consist of a basic fuel cost, a climate environment fee and...

Meanwhile, Showbox also revealed more than 40 new movies and TV series lineups during the event. Among them, the Showbox CEO highlighted three films in particular. “First of all, the most anticipated work is ‘Emergency Declaration,’ since it is scheduled to be released Aug. 3,” Kim said. Directed by Han Jae-rim, “Emergency Declaration” had its world premiere at last year’s Cannes Film Festival...

The abolition of the Ministry of Gender Equality and Family is “definite,” its new minister said Thursday. “Things have changed over time, and the abolition of the ministry will clearly come,” Gender Equality Minister Kim Hyun-sook told reporters at a press event in central Seoul, though she said that there has not yet been detailed discussion on its abolition. Kim is a former lawmaker who has...

North Korea appears to be at work to reactivate another unused tunnel at the Punggye-ri nuclear testing site, and has completed preparations for an oft-speculated nuclear test in Tunnel No. 3, a Washington-based think tank said Wednesday. Commercial satellite images acquired Tuesday show new indications of construction activity below the entrance to Tunnel No. 4 at the nuclear test site in Pungg...

The largest fair in South Korea for startups wishing to go abroad kicked off on Thursday in Seoul. The aim is to help the nation‘s budding enterprises attract investment and forge partnerships with big corporations. The annual event titled NextRise is hosted by the Korea International Trade Association and Korea Development Bank. This year’s event will be held for two days, starting on Thursday ...

SK Geocentric Co., a chemical unit under South Korea's SK Group, said Thursday it has signed an initial deal with France's Suez S.A. and a Canadian partner to build a joint plastic waste recycling plant in the European country. The agreement with the French water management company and Loop Industries, a Quebec-based plastic waste recycling firm, commit the three to work together to build an ann...

The Latest Investment Hotspot Supported by International Industry Giants HONG KONG , June 16, 2022 /PRNewswire/ -- Owing to the overwhelming global support, the world-esteemed developer CapitaLand is launching Zenity, the rare riverside project situated in District 1 CBD with Asia Bankers Club, Golden Emperor and Ashton Hawks , offering all of their exclusive foreign quotas in their lau...

About the Study The study "Health-related Quality of Life in Virologically Suppressed PLWH in Taiwan – What is the Status Quo?" assessed the health-related quality of life according to EuroQOL's EQ-5D-5L questionnaire. 120 people living with HIV enrolled into the study have been on long-term anti-retroviral therapy (mean= 8 years) and are virally suppressed. A 20-question HIV Symptom Index/Sym...

Daegu FC's Brazilian forward Cesinha was named South Korean football's best player for May on Thursday, capturing his fourth career monthly prize. The Korea Professional Football League (K League) announced that Cesinha beat out three nominees for the Player of the Month prize for May. The winner was chosen based on votes by the K League's technical study group (60 percent), fans (25 percent) a...

K-pop supergroup BTS flatly rejected rumors Thursday that the band is taking steps to disband itself following its recent announcement of a pause in group activities. "We'll try to show good performances either as a team or individuals," RM, the band leader, said in a post to Weverse, a K-pop fan community platform. He said he has received the most phone calls in his nine-year career since the ...