WASHINGTON -- New satellite imagery of Sinpo South Shipyard has shown "unusual movement" of North Korea's experimental ballistic missile submarine that may indicate a possible submarine-launched ballistic missile (SLBM) test in the future, a US monitor said Wednesday. "Satellite image collected on March 22 shows unusual movement of the 8.24 Yongung (August 24th Hero) experimental ballistic missi...

Seoul Mayor Oh Se-hoon reported personal assets worth 5.9 billion won ($4.88 million) as of the end of last year, the largest among the 14 heads of metropolitan governments across the country, a government gazette showed Thursday. According to the Public Service Ethics Committee gazette on the financial statements of high-ranking officials, Oh's net wealth, including those of his direct family m...

More than eight in 10 lawmakers saw their personal assets grow in value last year amid the pandemic, data showed Thursday. As of December 2021, 240 lawmakers, or 83 percent of the 289 legislators who disclosed their assets, said their assets expanded compared with a year earlier, according to the National Assembly data. Of them, 147 reported that their assets increased by between 100 million wo...

More than eight in 10 ranking public officials mandated by an ethics law to annually disclose their personal wealth reported an asset increase last year, the government gazette showed Thursday. A total of 1,978 senior government and public officials had declared an average of 1.62 billion won ($1.34 million) in personal assets as of the end of last year, marking a rise of 166.3 million won from ...

President-elect Yoon Suk-yeol’s plan to relocate the presidential office before his May 10 inauguration is abrupt and absurd. The decision, slathered in opaqueness, not only defies public opinion and risks gross overspending, it intensifies security concerns amid increasing North Korean missile tests. None of that seems to matter to Yoon, known for his bulldog mentality when he was a prosecutor....

Q4 2021 Financial Highlights: Revenue was RMB 8.59 billion , an increase of 11.5% year on year. A record high fourth quarter in the company's history. Generated RMB 2.64 billion cash from operations, an increase of 46.2% year on year. With net capex investments of RMB 1.34 billion , free cash flow for the quarter was RMB 1.30 billion . Net profit was RMB 0.84 billion , a record high ...

The combination of J.S. Held and Ocean Tomo uniquely presents experts on complex technical, scientific, and financial matters across all assets and value at risk. JERICHO, New York , March 30, 2022 /PRNewswire/ -- J.S. Held, a global consulting firm, announced today that it has acquired Ocean Tomo LLC, an expert advisory firm specialized in Intellectual Property (IP) and other intangible asse...

Citibank Korea Inc., the Korean unit of US banking giant Citigroup, said Wednesday it spent a total of 1.2 trillion won ($991 billion) on its voluntary retirement programs last year. Early-retiring employees were paid in advance the salaries that they would have earned until the legal retirement day, with an upper limit of 700 million won, the bank said. According to its regulatory filing, the ...

Approval is based on results of a multicenter, randomized, open-labeled and controlled IDE clinical study that demonstrated the superiority of Agili-C™ implant to the current surgical standard of care, debridement and microfracture in the knee joint KFAR SABA, Israel, March 30, 2022 /PRNewswire/ -- CartiHeal Ltd , developer of implants for the treatment of cartilage and osteochondral defects...

SHUNDE, China , March 30, 2022 /PRNewswire/ -- Midea Group Co., Ltd. (000333CH) was honoured as a pioneer of Industry 4.0 technologies with two factories, Midea Heifei and Midea Jingzhou, included in the Global Lighthouse Network of the World Economic Forum (WEF), showing the Group's efforts in achieving both production efficiency and sustainability. The Global Lighthouse Network is a communi...

According to the Korea National Oil Corp., the average nationwide gasoline price rose to 2,001.9 won ($1.64) per liter in the fourth week of March, edging up 7.5 won from a week earlier. It was the first time since October 2012 that the figure has surpassed the 2,000-won mark. The price of diesel oil also skyrocketed to 1,920 won per liter during the same period, hitting the highest level since...

Boy band CIX released its first studio album in Japan on Wednesday. As the title “Pinky Swear” suggests, the LP is about the band’s wish to meet their fans in person. The main track of the same title goes back to the promise they made in “All for You,” its second single in Japan from last year. One of the 10 tracks, “Wondering,” was released in advance last week. The band will take to...