Ssangbangwool Group, a South Korean underwear company, said Friday it has submitted a letter of intent (LOI) to buy the debt-ridden automaker SsangYong Motor. Ssangbangwool‘s bid came as a deal to buy SsangYong Motor by local electric bus and truck maker Edison Motors Co. collapsed late last month after its failure to meet the deadline to make the full payment for the proposed takeover. ...

BEIJING , April 8, 2022 /PRNewswire/ -- The first episode of a series of peony-themed live streaming activities kicked off on Wednesday in Luoyang city, central China's Henan Province , bringing the audience a unique online journey of the city's peony culture and industry. Photo shows the Longmen Grottoes surrounded with peony flowers in Luoyang, central China's Henan Province. The one-ho...

South Korea has dispatched a patrol ship to carry out search and rescue operation for six South Koreans that went missing in waters west of Taiwan after their vessel sent a distress call, Seoul‘s foreign ministry said Friday. The 3,000-ton patrol ship dispatched by the Coast Guard will begin the search operation immediately after arriving in Taiwan at around 11 a.m. Saturday, an official at ...

MANILA, Philippines , April 8, 2022 /PRNewswire/ -- Leading Philippine digital solutions platform Globe Telecom is investing into the creative economy, backing a new "TraDigital" company to promote Filipino talent in the global arena. The new company, KROMA Entertainment, launched on April 6 and introduced a suite of brands that cover the entertainment spectrum, from film production and mus...

South Korea may start recommending a third COVID-19 vaccination for people who have recovered from a breakthrough infection to prepare for any future variants and ensuing waves, according to the Korea Disease Control and Prevention Agency. The national health protection agency told reporters Friday that a review by the advisory committee on immunization practices was underway, the agency said. ...

Ahn Cheol-soo, the chief of President-elect Yoon Suk-yeol’s transition team, and Hyundai Motor Group Chairman Chung Euisun met on Friday to discuss the country’s future mobility outlook as well as measures for nurturing and expanding the industry’s workforce. Ahn and other committee member lawmakers visited Hyundai Motor Group’s R&D center in Namyang, Gyeonggi Province. “A future mobility indus...

YICHANG, China , April 8, 2022 /PRNewswire/ -- On March 29, 2022 , Three Gorges Group completed the first phase of its Dongyuemiao Data Center Project in Yichang, Hubei . Huawei Digital Power provides the overall data center infrastructure solution for this project. The data center is located on the right bank of the Three Gorges Dam — one of the world's largest hydropower stations. Once ...

A new opinion poll out Friday showed some 6 in 10 South Koreans think K-pop sensation BTS and other top artists who have contributed to boosting the country’s image should be exempted from active duty military service. A Gallup Korea survey of 1,004 Koreans aged 18 and older, conducted from Tuesday to Thursday, showed nearly 59 percent responding that K-pop artists should be able to carry out an...

Naver Webtoon announced Friday that it has expanded its partnership with DC Comics to release three new DC originals as webtoon series -- “Vixen: NYC,” “Red Hood: Outlaws” and “Zatanna & The Ripper,” starting next month. The two companies launched “The Batman: Wayne Family’s Adventure” project series last September, which follows the DC universe and its characters. The project has garnered over ...

South Korea’s financial watchdog warned potential bidders for the debt-ridden SsangYong Motor on Thursday that authorities would pay close attention to possible signs of stock manipulation along the way. The warning follows after Mirae Corp. -- a local semiconductor equipment manufacturer and affiliate of the nation’s leading underwear maker Ssangbangwool -- sold over 6.47 million of its shares ...

XI'AN, China , April 8, 2022 /PRNewswire/ -- Tianlong's integrated PCR lab solution is installed in Jakarta's international airport in Indonesia to help conduct nucleic acid testing for inbound and outbound passengers. Since its installation in September 2021 , Tianlong's COVID-19 solution has helped diagnose hundreds of positive cases at the Jakarta International Airport. Timely entry...

YG Entertainment is hosting a cover contest on YouTube to celebrate the release of K-pop juggernaut Big Bang’s new song, “Still Life,” the company said Friday. Kicking off on Friday, the cover contest will run through April 29. Participants can upload a video on YouTube of themselves singing or playing instruments to the entire song, the agency said. Applicants must include the contest’s specif...

Korea’s online luxury sellers who have enjoyed the recent resell market boom are strengthening the counterfeit inspection process amid a scandal involving fashion commercial platform Musinsa, industry sources said Friday. On April 1, Naver’s online reselling platform Kream announced that the Essentials T-shirts sold through Musinsa by the brand operator Fear of God were proven to be fake. Musins...

Impeached President Park Geun-hye on Friday endorsed her close aide Yoo Young-ha, who seeks to run for Daegu mayor in the June elections, making her first political move after being freed from prison in December. “I believe that the dream I wanted to achieve will come true by Yoo in Daegu that is my hometown and Yoo’s,” the former leader said in a five-minute video released via Yoo’s YouTube cha...