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Monday, September 15, 2025

KOREA

Samsung SDI, GM to build $3 billion battery plant in Indiana

Samsung SDI and General Motors (GM) will jointly invest at least $3 billion to build an electric vehicle (EV) battery plant in Indiana, the...

Korean, Chinese consumers show hostility as tensions rise

With the relations between China and South Korea hitting new lows almost on a daily basis, consumers in each country are avoiding one another's...

Activists warn U.S. Congress that North Koreans could get repatriated from China

Almost 2,000 North Koreans held in detention centers in China could be forcibly repatriated once Pyongyang opens its borders, human rights activists told a...

Atomic Wallet hack losses more than double

North Korean hackers made off with more than $100 million from users of a decentralized cryptocurrency wallet system, which is more than double the...

IBM to release updated AI system called ‘watsonx’ in July

IBM will release its updated AI system called "watsonx" in July both at home and abroad, targeting the fast-growing demand for large-scale, generative AI. The...

U.S. will extend chip exemptions for Samsung, SK hynix

A high-ranking U.S. Commerce Department official has indicated that Samsung Electronics and SK hynix can maintain their chip business in China, at least for...

Dispute continues as Yoon questions ‘attitude’ of Chinese envoy

Seoul and Beijing continued sparring over Chinese Ambassador Xing Haiming's recent controversial remarks, with President Yoon Suk Yeol questioning whether the envoy "has an...

Russia resumes oil shipments to North, possibly for weapons

Russia officially resumed shipments of refined oil to North Korea in December last year according to the United Nations Security Council website on Tuesday,...

Stocks close lower amid worsening Korea-China relations ahead of FOMC

Stocks finished lower Monday on foreign selling, as investors remain keen on the Federal Open Market Committee's (FOMC) rate-setting meeting this week. The won...

Former Samsung executive charged for leaking secrets in China

A former Samsung Electronics executive has been charged for allegedly leaking at least 300-billion-won ($232.7 million) worth of trade secrets to build a copycat...