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KOREA

BUSINESS

Hyundai Motor, Advent Technologies sign advanced fuel cell deal

Hyundai Motor and Kia will jointly develop a core component for advanced fuel cells with Advent Technologies, a Boston-based fuel cell component manufacturer. Hyundai Motor...
BUSINESS

U.S. Chips Act offers some comfort to Korean chip makers

Samsung Electronics and SK hynix will be able to maintain and upgrade their manufacturing facilities in China — albeit marginally — even after the...
KOREA

Korea, U.S. set for ‘largest-ever’ live-fire drills to mark alliance’s 70th anniversary

South Korea and the United States plan to conduct their "largest-ever" combined live-fire drills in June as part of a program to celebrate the...
BUSINESS

Lotte Confectionery signs MOU with American Institute of Baking International

Lotte Confectionery signed a memorandum of understanding (MOU) with the American Institute of Baking (AIB) International to better the quality of its food products. Lotte...
KOREA

U.S. traveler identified in bullets-on-a-plane case in Korea

A U.S. traveler in his 70s is suspected of having carried two bullets onto a Korean Air plane about to take off from Incheon...
BUSINESS

U.S. state attorneys general target #kiaboyz in letter to automakers

A group of 23 U.S. state attorneys general penned a letter to Hyundai Motor and Kia Monday, urging the carmakers to take swift action...
BUSINESS

Coupang hacked by Russians, report says, company denies

Coupang was the target of a significant theft of customer data, according to a local media report. The company said this is impossible and blamed...
KOREA

North fires missile into East Sea ahead of UN meeting

North Korea fired a ballistic missile that landed in the East Sea, according to South Korea's Joint Chiefs of Staff on Sunday, ahead of...
BUSINESS

Korean start-up Innospace launches test launch vehicle Hanbit-TLV

Innospace, a Korean space start-up, said Monday its suborbital test launch vehicle, Hanbit-TLV, has been launched. The 8.4-ton thrust single-stage hybrid rocket was fired from...
KOREA

North Korea says tested missile was Hwasong-17 ICBM

North Korea’s state media said Friday that it test-fired a Hwasong-17 intercontinental ballistic missile (ICBM) the day before to demonstrate its “toughest response posture”...
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