V, a member of K-pop juggernaut BTS, has fully recovered from COVID-19 and been released from isolation, his agency said Tuesday. The 26-year-old singer, whose real name is Kim Tae-hyung, tested positive a week ago after experiencing a mild sore throat. "V was released from isolation today as he was confirmed to have fully recovered from COVID-19," Big Hit Music said on the group's online fan c...

Solus Advanced Materials, which supplies electric vehicle battery materials to Tesla, will break ground on a new factory in Quebec, Canada, in July, the company said Monday. Once completed, the Quebec facility will begin the mass production of copper foils of up to 17,000 tons starting the second half of 2024. The annual production capacity could potentially expand up to 60,000 tons. Formerly k...

The chiefs of all three major telecommunication firms in South Korea -- KT, SK Telecom and LG Uplus -- are poised to attend the forthcoming tech event Mobile World Congress 2022 onsite in Barcelona, Spain, where next-generation network technologies are set to take center stage. At the MWC 2022, which runs from Feb. 28 to March 3, Korean telcos will showcase how they have shifted gears in their r...

South Korean pharmaceutical giant Celltrion Inc. said Tuesday that a high-concentration version of its autoimmune disease biosimilar Yuflyma has won approval from European drug authorities. The European Medicines Agency (EMA) gave the green light to Celltrion's application to sell Yuflyma -- a biosimilar referencing blockbuster drug Humira by AbbVie Inc. The drug is used to treat patients with ...

South Korea's household debt reached a fresh high in the fourth quarter of last year, but it grew at a slower pace from the three months earlier amid tightened lending rules, central bank data showed Tuesday. Household credit came to 1,862.1 trillion won ($1.56 trillion) as of end-December, up 1 percent, or 19.1 trillion won, from three months earlier, according to the data from the Bank of Kore...

President Moon Jae-in instructed officials Tuesday to make thorough preparations for a safe presidential election and swiftly execute a newly approved extra budget amid the raging COVID-19 pandemic. Moon made the remark during a Cabinet meeting at Cheong Wa Dae as daily COVID-19 cases have reached 100,000 in recent days with two weeks to go until the election on March 9. "The election managemen...

The chief of the ruling Democratic Party (DP) has said the resumption of a shuttered inter-Korean joint industrial complex in North Korea is possible through conditional relief of sanctions and in-kind payment of wages, officials said Tuesday. Rep. Song Young-il made the remarks during a meeting Monday with Tomas Ojea Quintana, the UN special rapporteur on North Korea's human rights situation, a...

South Korea's Navy plans to participate in a multilateral naval exercise led by India starting later this week, informed sources said Tuesday. A Navy frigate with around 100 troops on board is heading to the Indian Ocean for Milan 2022, slated to run from Friday to March 4. The biennial exercise is aimed at improving counter-piracy capabilities and interoperability, they added. It was postponed...

South Korea's leading botox maker Hugel Inc. said Tuesday its botulinum toxin product, Letybo, has won approval from Austrian drug authorities. The Austrian Federal Office for Safety in Health Care granted the use of Letybo for the treatment of frown lines in adult patients. It marks the first time for a homegrown botulinum toxin product to win marketing approval from European authorities. The...

The Seoul city government said Tuesday it will launch an experimental welfare program aimed at providing regular subsidies to low-income households in the capital under Mayor Oh Se-hoon's initiative. Under the project, a total of 800 households in the bottom 33 percent income bracket and with less than 326 million won ($272,575) in assets will be given monthly subsidies over the next three years...

LG Electronics Inc. shipped more than four million units of premium OLED TVs last year, double the volume from a year earlier, on steady demand for premium TVs, a report showed Tuesday. The South Korean consumer electronics giant shipped a total of 4.04 million OLED TVs last year, with record quarterly sales of more than 1.41 million units in the fourth quarter, market researcher Omdia said. La...

The COVAX Facility, a global vaccine distribution platform, has reduced the amount of COVID-19 vaccines allocated for North Korea, a UN website showed Tuesday, apparently canceling a batch of jabs developed by a US company, in a move seen attributable to the lack of a response from Pyongyang. A total of 1.29 million vaccines have been allocated to the North, according to the UN Children's Fund's...

A surge in coronavirus cases has been wreaking havoc on playing schedules in South Korean professional sports this month, an eerie deja vu to previous springs when seasons were postponed or even canceled outright at the onset of the pandemic. The top two divisions in pro football just had their first weekend of the season, and it's the volleyball and basketball leagues, with their seasons in ful...

- Hitachi Solutions further cements its position as a leader in accelerating digital transformation across industry verticals in the ASEAN region.

North Korea's military massacred more than 1,100 South Korean Christians and Catholics during the 1950-53 Korean War, a state reconciliation panel said Tuesday. The North's Korean People's Army killed 1,026 Christians and 119 Catholics during its retreat from the South following an amphibious Incheon landing operation by United Nations forces, also known as Operation Chromite, on Sept. 26, 1950,...