LG Energy Solution was the most renewable company in South Korea in 2020, a report showed Monday. According to a report published by Carbon Disclosure Project, an environmental non-government organization, LG Energy Solution transitioned to renewable energy 33 percent, the highest figure among Korean firms participating in the Renewable Energy 100 initiative. Renewable Energy 100, or RE100, is ...

Lotte Chemical will inject more than 602 billion won ($502.3 million) to produce raw materials for electric vehicle batteries and build new facilities for carbon capture and liquefaction on a 67,000-square-meter site inside a petrochemical complex in Daesan, South Chungcheong Province. The chemical unit of Lotte Group will use the fund to manufacture high-purity ethylene carbonate and dimethyl c...

As the omicron variant spreads rapidly in South Korea, related figures have also hit fresh highs, according to the Korea Disease Control and Prevention Agency, Monday. As of midnight Sunday, the percentage of tests that were positive out of all tests administered in the country reached 26 percent, up 5.2 percentage points from the previous day’s 20.8 percent. This means that 1 out of 4 people w...

Flying cars have clearly been the main focus of automakers seeking to expand their mobility technology into the air. But Korean telecommunication companies, despite their lack of manufacturing experience, are also jumping into the air mobility business as they have critical jobs to do. SK Telecom said Monday it has signed a strategic collaboration agreement with a US company Joby Aviation to mat...

“The origin of zombie virus was introduced in the series as an attempt to highlight the people who take responsibility and those who do not when an event, such as school violence, occurs. Though it is another zombie action thriller, I thought the series provides the viewers with a chance to think about what kind of people they are,” Lee said. The 12-part series has topped the Netflix’s streaming...

To minimize uncertainty, the Education Ministry has devised a four-stage system for responding to the virus crisis at schools. At Level 1, schools run both classes and extracurricular activities. At Level 2, classes will run as usual, however extracurricular actives such as club activities and afterschool classes will be restricted. Under Level 3, schools will go hybrid, operating online and off...

Having spent mostly on furniture, home appliances and cars in the first year of the pandemic, consumers bought more bags and clothes last year, apparently getting ready to go out, statistics showed. Business has been good for furniture and home appliance companies for the past two years as COVID-19 persisted, keeping people at home. Meanwhile, shoe shops continued to see sluggish sales. The ret...

Top nuclear envoys of South Korea, the US and Japan will hold a trilateral meeting this week in Hawaii to discuss ways to restart the stalled talks and rid the North of its nuclear weapons, amid escalating tension after the regime’s back-to-back missile launches. South Korea’s Foreign Ministry said on Sunday that Noh Kyu-duk, special representative for Korean Peninsula peace and security affa...

President Moon Jae-in on Monday warned against panic in face of the spike in COVID-19 cases saying that it could be the “last hurdle” in returning to normalcy. “They say it’s always the darkest before dawn,” Moon said, referring to the record number of COVID cases in Korea. “I think this is the last hurdle on the way to recovery. If we believe in the government and work together, we will be able...

South Korea’s Woori Financial Group said Monday it has nominated Senior Deputy President Lee Won-duk to lead its flagship commercial bank. The firm’s CEO recommendation committee last month had shortlisted three candidates for the position -- Lee, Park Hwa-jae, deputy president of Woori Bank‘s credit support unit and Jeon Sang-wook, deputy president of the bank’s risk management unit. Lee was t...

South Korea's military unveiled its novel lineup of "robot chefs" at a boot camp on Monday in an effort to lessen Army cooks' workloads and meet growing calls to improve everyday troop meals. The kitchen has become the latest frontier for the military's tech-based operational strategy, as it seeks to enhance efficiency and safety in its personnel management amid concerns about possible troop sho...

GWANGJU -- Rescue workers on Monday discovered the body of presumably the last missing person trapped under rubble at the site of last month's apartment construction accident in the southwestern city of Gwangju. The body, presumed to be that of the sixth worker who went missing following the accident on Jan. 11, was found on the 27th floor of the damaged building in Gwangju, about 330 kilometers...

“‘The Second Step: Chapter One’ Do Treasure Concept Pop-up” will run for nine days from Feb. 19 at the Same Cafe, located in front of YG’s new headquarters in Hapjeong-dong, western Seoul. It is to open from noon to 8 p.m. It marks the start of the “Do Treasure” project, through which the 12 bandmates will invite fans to join them on a journey seeking the “Treasure Effect,” the company said. “D...

The presidential campaign for Lee Jae-myung of the ruling Democratic Party of Korea is embroiled in fresh controversy, this time over accusations of posthumous defamation of two iconic progressive presidents. The Democratic Party on Saturday uploaded two videos on its official YouTube channel featuring former presidents Roh Moo-hyun and Kim Dae-jung. The videos portrayed the two presidents backi...