Chung Ki-sun, the grandson of Hyundai Group founder Chung Ju-young, on Tuesday was named CEO of Hyundai Heavy Industries Group and its subholding company Korea Shipbuilding & Offshore Engineering, opening a new chapter for the world’s largest shipbuilder. Shareholders of the two companies approved the appointment on the eve of the group’s 50th anniversary, when it aims to reestablish its brand i...

The fate of Yongsan-gu, Seoul’s geographically central district set to see a changing landscape in years to come, is clouded again as the feud over whether to house a new presidential office there escalates between the outgoing and incoming presidents. President-elect Yoon Suk-yeol is rushing to relocate the presidential office to the Defense Ministry complex in Yongsan before taking office on M...

After “Squid Game” creator Hwang Dong-hyuk said the series will return with a second season due to popular demand, one burning question remains: Who will be starring in the next season? On the red carpet at the Producers Guild Awards ceremony on March 19, Hwang said told the press that he was working on many ideas and hinted that Jung Ho-yeon might play the role of a twin sister to Sae-byeok, Ju...

SHENZHEN, China , March 22, 2022 /PRNewswire/ -- Global LED manufacturer Absen, today announced the start of a new recruitment phase in a bid to further expand its global partnership network and strengthen its leading position as LED innovations and technologies specialist and to support market growth. Absen global recruitment for 1000+ partners Supporting the exponential growth of the LED m...

- Ski in Winter, Surf in Summer: As the winter season winds down, sports enthusiasts may continue finessing their athletic prowess in Sanya this summer. SANYA, China , March 22, 2022 /PRNewswire/ -- As travel picks up pace around the world, more people are seeking new experiences both at home and abroad. Sanya, the popular resort city on China's Hainan Island's southern tip, saw a dramati...

Kia’s first all-electric vehicle EV6 won the Best of the Best award in the prestigious 2022 Red Dot Design Awards, according to Kia on Tuesday. The Red Dot Design Award is among the world’s most prestigious design awards that reward the most innovative design concepts besides the iF Design Award and International Design Excellence Awards. EV6 also claimed the Red Dot Innovative Products awards....

The center is part of a collaboration between the renowned Prof. Kypros Nicolaides and the hospital's fetal medicine department ABU DHABI , UAE, March 22, 2022 /PRNewswire/ -- A new fetal medicine and therapy center has been opened at Burjeel Medical City (BMC) in association with the world-renowned fetal medicine expert Prof. Kypros Nicolaides . Famously known as the 'Father of Fetal Medic...

SEJONG -- President-elect Yoon Suk-yeol’s transition team is scheduled to receive a policy briefing from the Ministry of Land, Infrastructure and Transport over real estate issues later this week, government officials said Tuesday. In line with Yoon’s earlier pledges to supply 2.5 million housing units nationwide for five years if elected, the Land Ministry’s report could possibly include the ma...

South Korean stocks ended higher Tuesday on institutional buying, with investors eyeing the Ukraine war, surging energy prices, and inflationary risks. The Korean won fell against the US dollar. The benchmark Korea Composite Stock Price Index (KOSPI) rose 23.95 points, or 0.9 percent, to close at 2,710 points. Trading volume was moderate at about 468.54 million shares worth some 8.4 trillion wo...

South Korea’s daily COVID-19 infections jumped back up above 350,000 on Monday, the country’s health authorities said Tuesday, while the rapid spread of the stealth omicron variant cast doubt on the government’s projection that the peak of the current wave is ending. According to the Korea Disease Control and Prevention Agency, the country added 353,980 new COVID-19 cases during the 24 hours of ...

Five South Korean CEOs took home more than 10 billion won ($8.2 million) last year, bolstered by either the exercise of stock options or large compensation packages, data released as of Tuesday showed. The data excludes those who received retirement packages. CJ Group Chairman Lee Jay-hyun earned a total of 21.86 billion won last year, his salary nearly doubling from the previous year and ranki...

Dunamu, the operator of Korea’s largest cryptocurrency exchange Upbit, said Tuesday it has donated 1 billion won ($820,000) to the United Nations World Food Program in a bid to provide food aid for war-torn Ukraine. According to Dunamu, it is the first Korean company to donate to WFP’s emergency assistance program that gives local food and food vouchers to civilians affected by the conflict in U...

LG Energy Solution is going all out to practice sustainable management in terms of eco-friendly energy, battery reuse and recycling, and responsible management of supply chains. To tackle climate change, the company is reducing energy use throughout its battery production process and introducing renewable energy to minimize greenhouse gas emissions. The storage battery manufacturer was the firs...