Posco said it will supply 2,100 tons of hot-rolled steel material to be used in a hyperloop, or a high-speed transportation system where pressurized vehicles travel through a low-pressure tube, at a test facility in the Netherlands. The steelmaker said it will begin supplying the PosLoop355, specially developed to be used for the hyperloop tube, to Hardt, the Dutch company that is building the E...

In normal times, it would be difficult enough for South Korea to take on Brazil, world No. 1 in men's football and a team that the Taeguk Warriors haven't beaten in more than two decades. But these aren't normal times for head coach Paulo Bento and his 20th-ranked South Korea. The team will be missing a few mainstays to injuries, including sturdy center back Kim Min-jae and playmaking midfielder...

“The Roundup,” the sequel to the hit crime film “The Outlaws” (2017), sold more than 3.55 million tickets in the first week of its release, according to the Korean Film Council. It surpassed Marvel’s “Doctor Strange in the Multiverse of Madness” (2022), which sold 3,497,393 tickets during the first seven days of the film’s release. The sequel to the 2017 hit Korean comedy topped the local box o...

Foreign bank branches in South Korea saw their combined net profit down 4.5 percent in 2021 due to a rise in securities-linked losses amid market downswings, data showed Monday. The combined net income of 35 foreign lenders' local branches stood at 1.15 trillion won ($904.4 million) in the fiscal year of 2021, down 53.5 billion won from a year earlier, according to the data from the Financial Su...

Foreign currency deposits at banks in South Korea shrank for the second straight month in April due in part to companies' increased withdrawals to pay for investments and imports, central bank data showed Monday. Residents' outstanding foreign currency-denominated deposits had reached $86.99 billion as of end-April, down $5.72 billion from the previous month, according to the data from the Bank ...

Colombia will participate in the 2022 Seoul International Book Fair (SIBF) next month as the guest of honor to commemorate the 60th anniversary of diplomatic ties between South Korea and the South American country, the event's organizers said Monday. This year's SIBF, the country's biggest annual book fair, will kick off on June 1 for a five-day run at the Convention and Exhibition Center in sou...

Heo Hyang-jin, the candidate for the ruling People Power Party in the upcoming Jeju Province gubernatorial election, bids to transform the island into a global tourism hub by adding new attractions for travelers with diverse tastes. Revitalizing the island’s tourism sector, he believes, is one of the most important tasks for the next governor, as the province and its residents have sustained los...

While Jeju Island is loved by many for its appeal as a tourist destination, the province has also incurred sizable damage for years from much of its areas overhauled for new hotels, resorts and attractions. Even though the island invites more than 15 million visitors a year, such a strategy is no longer viable, raising the need to find new ways to promote sustainable growth, argues Oh Young-hun ...

South Korean vaccine maker SK Bioscience Co. said Monday it has secured a $31.3 million deal from the Pan American Health Organization (PAHO) to supply chickenpox vaccines to Latin American countries. SK Bioscience said it has recently delivered its first batch of shipments of SKY Varicella, the company's chickenpox vaccine introduced in 2018, to Central and South American countries through PAHO...

South Korea will mostly roll with familiar names as they host four friendly matches next month in preparation for this year's FIFA World Cup. Head coach Paulo Bento unveiled a 28-man roster for the men's national team Monday ahead of June matches. They will host Brazil on June 2, Chile on June 6 and Paraguay on June 10. South Korea are also set to play on June 14, likely against an African oppo...

The data and imagery will enable the island nation and SPC to mitigate risk and improve disaster resilience. PORT VILA, Vanuatu , May 23, 2022 /PRNewswire/ -- Woolpert has been contracted by the Pacific Community ( SPC ) to acquire, process and deliver topographic and bathymetric lidar data and aerial imagery for Vanuatu , a nation of multiple islands in the South Pacific. The project, fu...

SMU College of Integrative Studies will unveil a new approach in education, cultivating deep, integrative interdisciplinarity in graduates Students enrolled in the College's flagship Individualised Major will be guided through a customised major that leverages their strengths, areas of interest and allows them to respond to the dynamic needs of industry and society Another innovation the Colle...

SHANGHAI and HONG KONG , May 23, 2022 /PRNewswire/ -- Antengene Corporation Limited ("Antengene" SEHK: 6996.HK), a leading innovative, commercial-stage global biopharmaceutical company dedicated to discovering, developing and commercializing first-in-class and/or best-in-class medicines for cancer, announces that the first patient has been dosed in the single-arm Phase I/II SWATCH Study (th...

Lee Ru-bin, a 31-year-old Korean woman who lives with her Lithuanian boyfriend, Paulius, in Germany, can attest to the vast difference in perceptions. “I think couples should live together before getting married to understand each other more. Whether your partner has a sense of hygiene or unique lifestyle is something that you can’t see while going for dates outside. This is the case not only in...

To Mark Campari's First Year as an Official Partner of the Festival de Cannes , the Brand Hosted a Spectacular Evening that Brought the Great Stories of Cinema to Life NEW YORK , May 23, 2022 /PRNewswire/ -- During the first year as an official partner of Festival de Cannes , the iconic Italian red aperitivo, Campari ® , continued to push the boundaries of creativity to bring its Red...