In the face of the Saudi Arabian government’s pledge to attract foreign companies to relocate their regional headquarters to its capital city of Riyadh, LG Electronics is being pressured to move on par with other multinational companies. According to LG Electronics and news reports, the tech company, dedicated to manufacturing TVs, monitors, laptops and home appliances, is considering establishi...

The minor opposition People’s Party presidential candidate Ahn Cheol-soo on Wednesday filed an injunction to stop the airing of the TV debate between presidential candidates of the Democratic Party of Korea and People Power Party, protesting the decision to exclude him. On Wednesday, Lee Tae-kyu, the head of the election committee at People’s Party, filed an injunction in Ahn’s name at the Seoul...

BEIJING , Jan. 19, 2022 /PRNewswire/ -- On December 7, 2021 , MIOK Keratoprosthesis was approved for listing by NMPA, the Chinese agency for regulating drugs and medical devices. MIOK Keratoprosthesis is the world's first ever approved artificial cornea that requires no co-implantation of donor corneas, and is of great significance across the 60 million patients with corneal blindness worldw...

Lee Soo-jung, a criminal psychology professor at Kyonggi University, stepped down as an advisor to the main opposition People Power Party’s election camp after apologizing to a victim of a #MeToo scandal for remarks made by presidential candidate Yoon Suk-yeol’s wife Kim Keon-hee about the matter. She told a local media outlet that apologizing to the victim Kim Ji-eun ”was my conscience,” adding...

The South Korean government said on Wednesday it will invest 402.7 billion won ($337.4 million) in the development of processing-in-memory (PIM) chips, in addition to the 1 trillion won it pledged earlier to spend on artificial intelligence semiconductors over nine years to 2029. PIM semiconductors are known as next-generation AI chips with higher processing efficiency. The Ministry of Science ...

Heavy show fell in Seoul, Gyeonggi and Gangwon provinces on Wednesday, prompting authorities to issue alerts over potential traffic disturbances and frozen roads. According to the Korea Meteorological Administration, Seoul received 3.5 centimeters of snow while Gangwon Province‘s Seoraksan and the southeastern Ulleung Island saw heavy snow of 18.5 centimeters and 19.5 centimeters, respectively, ...

The number of fake South Korean banknotes touched a record low in 2021 due largely to the coronavirus pandemic, the central bank said Wednesday. The number of counterfeit banknotes found in Asia's fourth-largest economy stood at 176 last year, down 96 from a year earlier, according to the Bank of Korea (BOK). It marked the lowest tally since the BOK began releasing such data in 1998. The number...

National Assembly Speaker Park Byeong-seug will visit Sri Lanka this week for talks on expanding cooperation in mineral resources, his office said Wednesday. Park will depart Wednesday and meet with his Sri Lankan counterpart Mahinda Abeywardena, as well as the country's President Gotabaya Rajapaksa and Prime Minister Mahinda Rajapaksa during the four-day trip. The two sides are expected to dis...

Ruling party presidential candidate Lee Jae-myung said Wednesday he will institutionally recognize the virtual asset industry and guarantee various business opportunities. Lee of the Democratic Party made the remarks in a meeting with heads of the nation's four major cryptocurrency exchanges and industry experts in Seoul, apparently targeting voters in their 20s and 30s who have a relatively str...

Main opposition presidential candidate Yoon Suk-yeol pledged Wednesday to ease the tax burden on profits from cryptocurrency investments by raising the threshold from the current 2.5 million won ($2,097) to 50 million won. Yoon of the conservative People Power Party announced the pledge at the party's headquarters, saying he will raise the bottom limit to the same level as stocks and give tax ex...

South Korea will take on Moldova on Friday in their final men's football friendly match before their World Cup qualifying campaign resumes, with domestic league players getting their last shot to stake their claim for roster spots. The second-ever meeting between the two countries will kick off at Mardan Sports Complex in Antalya, Turkey, at 2 p.m. local time, or 8 p.m. in South Korea. It will ...

South Korea's military on Wednesday reported 70 additional COVID-19 cases, including 69 breakthrough infections, raising the total caseload among its personnel to 3,727. Of the new cases, 53 are from the Army, 12 from the Air Force, two from the Navy, two from the Marine Corps, and one from a unit under the direct control of the defense ministry. The Army infection count included 29 trainees at...

Johnson Controls brand Sensormatic Solutions releases new white paper detailing its multi-faceted approach to empower retailers, shoppers, and its own organization to reach sustainability goals Sensormatic leverages big data and AI to optimize retailers' sustainability through a range of digitally enabled solutions and services NEUHAUSEN, Switzerland , Jan. 19, 2022 /PRNewswire/ -- Sensor...

HYDERABAD, India and SHENZHEN, China , Jan. 19, 2022 /PRNewswire/ -- Excelra, a leading global Data & Analytics organization, today announced the partnership for its Global Online Structure Activity Relationship Database (GOSTAR) with XtalPi Inc., an AI-based pharmaceutical biotechnology company reinventing the industry's approach to drug research and development with its Intelligent Digital...

South Korean forward Kim Gun-hee thought he had his first senior international goal last Saturday against Iceland, only to have the marker wiped off by a questionable offside call. There was no video assistant referee (VAR) in the friendly match at Mardan Sports Complex in Antalya, Turkey, and the game continued without a review. Television replays showed, however, that it was a borderline call ...