Nearly 7 in 10 foreign buyers think that South Korea's national brand is having a positive impact on their purchases of products from Asia's fourth-largest economy, a poll showed Thursday. According to the survey of 213 foreign buyers, 72.9 percent of the respondents replied that their imports of South Korean goods have been affected positively by the country's national brand. Slightly over 25....

Corporate direct financing in South Korea plunged nearly 44 percent in February from the previous month due mainly to a base effect, data showed Thursday. Local companies raised a combined 15.5 trillion won ($12.7 billion) by selling stocks and bonds last month, down 43.7 percent from January, according to the data from the Financial Supervisory Service. Direct financing refers to raising funds...

- SK E&S acquires the EverCharge, a complete charging solution provider that manufactures and operates electric vehicle (EV) chargers. - This is the first time that a Korean company has acquired the management rights of an EV charging company based in the U.S. - With its capability of installing 5 times more chargers than traditional charging systems, EverCharge is expected to bring more conve...

North Korean leader Kim Jong-un’s act of acknowledgement on the change of power in the rival South Korea was a sort of firework display –- the launching of a long-range missile supposedly capable of hitting the mainland of the United States, Seoul’s trusted military ally. To the embarrassment of the 34-year-old dictator, the intercontinental ballistic missile with a designed range of 12,000 kilom...

The world has responded to Russia’s invasion of Ukraine with sanctions, travel bans, and deliveries of humanitarian and military aid, all of which have been stepped up as Russian President Vladimir Putin’s war crimes claim more lives every day. Now, with the Ukrainian people’s courage and solidarity having stirred the collective conscience of Europe and much of the world, pressure is growing to c...

New customer-centric brand identity, name and tagline to reflect the brand's growth to a global travel distribution platform DUBAI , UAE, March 23, 2022 /PRNewswire/ -- TBO Group, a leading global travel distribution platform with over one million hotels on its platform and 100,000 buyers across more than 110 countries, is unveiling its new expression of customer-centric brand name - TBO.COM,...

SEOUL, South Korea , March 23, 2022 /PRNewswire/ -- Topco, Toptoon's parent company and a unique webtoon platform based in Korea, has established a new U.S. corporation to advance into the U.S. market. Toptoon Global reaches 1.5 million members, 9 months after opening. Toptoon Plus, a global website version of Toptoon, operated in the U.S., recently secured 1.5 million members in about ni...

Hanwha Solutions to become the largest shareholder of Norway -based U.S. polysilicon manufacturer REC Silicon after acquiring an additional 4.67% stake from Aker Horizons, increasing total investment to $204 million and ownership share to 21.34%. The acquisition is a part of Hanwha's efforts to rebuild the U.S. solar value chain and supply customers with 'Made in America' products. It aims t...

After the audience showed their appreciation for the veteran artist and his emotional performance, SPO performed the last piece of the night, “New World Symphony in Pops,” a reinterpretation of Dvorak’s “From the New World.” Applause filled the concert hall, bringing out “Hand in Hand,” the official song of the 1988 Seoul Olympics, as an encore. A portion of the proceeds will be donated to the ...

LG Innotek will shift to 100% renewable energy by 2030. LG Innotek will acquire Zero Waste to Landfill validation at all its business sites and replace all its business vehicles with zero-emission vehicles. "LG Innotek will raise customer value by practicing balanced ESG management." SEOUL, South Korea , March 23, 2022 /PRNewswire/ -- LG Innotek (CEO , Cheoldong Jeong) plans to achieve ca...

MOSCOW (AFP) -- President Vladimir Putin said Wednesday Russia will only accept payments in rubles for gas deliveries to "unfriendly countries", which include all EU members, after Moscow was hit by unprecedented sanctions over Ukraine. "I have decided to implement a set of measures to transfer payment for our gas supplies to unfriendly countries into Russian rubles," Putin said during a televis...