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BUSINESS

Korean orders accelerate for Tesla’s low-price Model Y

Tesla’s unconventional low-price strategy seems working in Korea so far, with surging orders of the latest Shanghai-made Model Y. Over 20,000 orders have been made...
BUSINESS

Naver joins global AI race with expanded range of services

Naver will unveil its hyperscale artificial intelligence (AI) service HyperClova X next month alongside a line of further affiliated services within this year, joining...
KOREA

One killed, 3 injured in knife attack outside Sillim Station in Seoul

A man in his 20s died and three were injured after being attacked by a person wielding a knife outside of Sillim Station in...
KOREA

Yoon Suk Yeol’s mother-in-law arrested for falsifying documents

President Yoon Suk Yeol’s mother-in-law Choi Eun-soon was arrested for falsifying documents in court on Friday. Her arrest was made after the appellate court upheld...
BUSINESS

U.S. road renamed ‘SK Boulevard’ in dedication of SK On

After driving some 70 miles east of Atlanta, the capital city of Georgia, a road named SK Boulevard comes into view. The road, near SK...
BUSINESS

Hyundai reveals technology for ‘self-healing’ cars of the future

Got a small scratch on your car bumper? Do not worry, it would have fixed itself in less than two hours. Forgot to charge your...
KOREA

Suicide spotlights abuse of teachers by students and parents

A student, with her mother, pays condolences to a teacher who took her own life in a classroom earlier this week at Seoul Seo...
KOREA

Missing marine found dead, anger expressed at safety measures

A Marine lance corporal who was swept away by strong currents Wednesday morning while searching for people missing from last week’s heavy rains in...
BUSINESS

Korea sets 2024 minimum hourly wage at 9,860 won

Korea raised the minimum hourly wage for 2024 by 2.5 percent to 9,860 won ($7.8) amid weak economic growth. The Minimum Wage Commission made the...
BUSINESS

Commercial vehicles lead Chinese automakers’ Korean invasion

Slowly but surely, China is expanding its presence in the Korean auto market with its competitively priced commercial electric vehicles. One third of new commercial...
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