The inauguration of South Korea’s new government in May will be an opportunity to assess the current state of South Korea-China relations and seek further development in the future. President-elect Yoon Suk-yeol presented his plans to turn South Korea into a global pivotal state during his election campaign. He has also declared that strengthening the US-South Korea alliance and South Korea-Chin...

The South Korean government called Thursday on North Korea to refrain from escalating tensions in the region, responding to a threat by its leader Kim Jong-un to strengthen the regime's nuclear capabilities. "Our government and the international community have maintained the stance that North Korea should stop all acts that heighten tensions, including the advancement of its nuclear capabilities...

The Supreme Court on Thursday upheld lower courts' acquittal of a former judge accused of meddling in several politically sensitive trials during the previous administration. The top court confirmed a not guilty verdict by a district court and an appellate court for Lim Seong-geun, a former senior justice of the Seoul High Court who was indicted in 2019 on charges of abuse of power and obstructi...

Retail sales in South Korea rose 7.1 percent in March from a year earlier on the back of growing demand for foodstuff, daily items and luxury goods amid the worst wave of the COVID-19 pandemic, the industry ministry said Thursday. The combined sales of 25 major offline and online retailers reached 13.69 trillion won ($10.81 billion) last month, up from 12.8 trillion won a year earlier, according...

SINGAPORE , April 28, 2022 /PRNewswire/ -- Forrester (Nasdaq: FORR) today announces its global technology awards for two categories: Technology Strategy Impact and Enterprise Architecture. These awards will recognize organizations that have technology strategies that are outcome-driven, put the customer at the center of their firm's operating model, and accelerate business growth. Nominatio...

The ruling Democratic Party has forcefully ended the main opposition People Power Party's filibuster designed to block a controversial prosecution reform bill, sending the bill to a plenary vote later this week. As soon as a plenary National Assembly session opened Wednesday afternoon, the PPP immediately launched the filibuster to block the passage of the legislation that would reduce and ultim...

President-elect Yoon Suk-yeol plans to attend the annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, in January next year, his spokesperson said Thursday. Yoon expressed his intention to attend the forum in Davos after receiving an invitation from World Economic Forum Chairman Klaus Schwab during their meeting Wednesday, according to Yoon's spokesperson Bae Hyun-jin. The WE...

South Korea plans to send part of its liquefied natural gas (LNG) supplies to Europe to help ease an energy crisis over Russia's invasion of Ukraine, officials said Thursday. Concerns have grown over natural gas supply disruptions in Europe amid the ongoing crisis surrounding Ukraine, as Russia is the biggest provider of gas to Europe. On Wednesday, Russia's state-owned gas producer Gazprom sai...

Pre-registration Numbers Have Exceeded 300,000 TOKYO , April 28, 2022 /PRNewswire/ -- Bank of Innovation, Inc. (HQ: Shinjuku-ku, Tokyo ; President and CEO: Tomohiro Higuchi , hereinafter referred to as "BOI") is pleased to announce that their smartphone RPG, MementoMori . is now available to pre-order on the App Store, as well as that the game has amassed more than 300,000 pre-registrat...

South Korea's exports of autos declined for the first time in seven quarters in the January-March period amid global supply chain disruptions and Russia's war with Ukraine, customs data showed Thursday. The country's outbound shipments of cars came to $10.93 billion in the first quarter, down 0.6 percent from the previous year, according to the data from the Korea Customs Service. Autos account...

BANGKOK , April 28, 2022 /PRNewswire/ -- Athena Mentor, a new blockchain startup just emerging from stealth, is introducing today its core mentor-to-earn service. The key feature is "wisdom mining": users can transform their wisdom into crypto tokens, with the goal of distributing skills and experience from mentors to mentees worldwide. To build the wisdom mining protocol, Athena constructed a...

South Korean chip-to-consumer electronics giant Samsung Electronics posted a record quarterly revenue for three quarters in a row and logged a 51 percent increase in operating profit in the first quarter, its earnings guidance showed Thursday. Samsung Electronics said the solid chip demand for servers and high-end applications, as well as strong sales of the Galaxy S22 Ultra, which started repla...

GIMPO -- A North Korean defectors' group has sent 20 big balloons carrying propaganda leaflets, including those on the news of Yoon Suk-yeol's election as president, to North Korea across the western inter-Korean border, the group said Thursday. Some 1 million anti-Pyongyang leaflets were sent over to North Korea in the latest leaflet campaign carried out in Gimpo, west of Seoul, on Monday-Tuesd...

Discussions have been under way between South Korea and the United States to arrange a meeting between outgoing President Moon Jae-in and US President Joe Biden when Biden visits Seoul next month for summit talks with incoming President Yoon Suk-yeol, an official said Thursday. Yoon, who is set to take office on May 10, and Biden will hold their first summit in Seoul on May 21, Yoon's officials ...