MONT SAINT GUIBERT, Belgium , Dec. 7, 2021 /PRNewswire/ -- In an effort to better serve the global brewing community Yakima Chief Hops (YCH), the largest grower-owned hop supplier based in Yakima, Washington , has completed construction of a state-of-the-art cold storage warehouse in Belgium . Dec. 7, 2021 – In an effort to better serve the global brewing community, Yakima Chief Hops,...

Samsung Electronics has replaced all its CEOs and combined its mobile and home appliance business divisions in a surprise move, ditching the decade-old system that landed the South Korean tech giant in the top position in smartphones, TVs and semiconductors. In a year-end leadership reshuffle announced Tuesday, the company said it was reorganizing its operational structure, which will now consis...

South Korea’s Krafton, the company behind megahit video game PlayerUnknown’s Battlegrounds, said Tuesday it would help secure investment of 13 billion won ($11 million) for Tamatem, a leading mobile game publisher in the Middle East and North Africa. The Korean game developer, which has already invested 7 billion won in the Jordan-based publisher, will work with investors like Venture Souq and E...

The US decision to have its diplomats boycott the 2022 Beijing Olympics is posing a dilemma for South Korea, as Washington could prod allies to follow suit, while Seoul hopes to use the games as an opportunity to restart dialogue with Pyongyang. Amid the struggle between the two global superpowers, South Korea has taken an ambiguous diplomatic position, as it values both its security alliance wi...

The Supreme Court has raised the maximum recommmended sentence for those convicted of child abuse resulting in death to 22 1/2 years in prison amid calls for tougher punishment for such heinous crimes, sources said Tuesday. The highest court's sentencing commission held a meeting Monday and raised the standard sentence for the crime to 4-8 years in prison, with up to 15 years of imprisonment pos...

Lee Jae-myung, the presidential candidate of the ruling Democratic Party (DP), on Tuesday defended his election pledge to provide low-interest loans for youths, saying there are "good debts." "Whether they are national debts or personal debts, it is a foolish thought to say all debts are bad," Lee said at a lecturing event at Seoul National University. "If using your future assets in advance is ...

Led by major biopharmaceutical companies in Celltrion and Samsung Biologics, South Korea is poised to make a bigger impact on the global market, according to German science and technology group Merck. “Executives at Merck headquarters think the Korean government’s vision to turn the country into a global vaccine hub by 2025 is impressive. There were suggestions to actively cooperate with the Kor...

Trade Week 2021 -- the Seoul Business Agency’s global trade conference, established to offer export opportunities for small and medium-sized enterprises in Seoul -- began its four-day run Tuesday. The SBA, a city-run agency that supports SMEs in the capital, said a total of 300 companies will participate in more than 1,200 online export consultations with 500 foreign buyers from more than 20 cou...

The star-studded presenter lineup of musicians, actors, dancers and comedians for the upcoming “2021 Mnet Asian Music Awards was unveiled Tuesday. Singer-actors Rain, Uhm Jung-hwa, Choi Soo-young, Super Junior’s Choi Si-won and singer Tiffany Young were confirmed as presenters. Lachica’s Gabee and Prowdmon’s Monika, who appeared on the hit TV program “Street Woman Fighter,” will also appear as p...

South Korea’s Office of National Security will establish a new technology and cybersecurity role to take charge of strengthening innovative research capabilities and coordination among related ministries, officials said Tuesday. The launch of the new position, Secretary to the President for Emerging and Critical Technologies and Cybersecurity, comes amid an intensifying global technology competi...

North Korean leader Kim Jong-un urged the military to improve its education system and nurture commanding officers with “absolute loyalty” to the ruling party, in a move in line with the regime’s ongoing ideological campaigns. According to the North’s state media on Tuesday, Kim made instructions at the Eighth Conference of Military Educationists of the Korean People’s Army, which was held at th...

The South Korean government has again raised concern about Japan’s plans to treat radioactive water from the stricken Fukushima nuclear plant and release it into the sea, saying Tokyo has only looked at the short-term impact on the marine environment. Korean officials and experts voiced their concerns to their Japanese counterparts at a special virtual session held last Friday, in regard to a...

PARIS , Dec. 7, 2021 /PRNewswire/ -- For 25 years now, Artprice by Artmarket – world leader in art market information – has been studying, analyzing and researching the structure of the art market from every possible angle. This work has engaged all of its human and technical resources, including its art history department, its databases, its econometricians and statisticians, its sociologists...

South Korea’s Woori Bank opened its first representative office in Budapest, Hungary, after financial authorities there last week granted the license to operate, the firm said Tuesday. Woori said it plans to finance both Korean businesses that have entered the market and Hungarian businesses through the new office. Hungary has grown as a key destination for Korean businesses seeking to launch el...

South Korean authorities are speeding up an inoculation plan for students as schools across the nation saw a significant spike in COVID-19 infections after returning to full-scale, in-person classes. From Nov. 29 to Sunday -- the second week since schools have fully reopened -- 1,450 students in Seoul tested positive for the coronavirus, according to a report from the Seoul Metropolitan Office o...