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U.S., South Korea sanction a North Korean banker

Seoul and Washington jointly levied sanctions on a North Korean individual tied with the regime’s illicit cyber activities and weapons programs. Jointly announced by the...

Hyundai Motor sees highest judicial risk in U.S. market

Nearly 30 class action and administrative lawsuits have been filed against Hyundai Motor Company across the country. The series of lawsuits highlights the urgent need...

Hanwha Solutions to supply 2.5 million solar panels to U.S.

Hanwha Solutions inked a deal with Virginia-based Summit Ridge Energy to supply 2.5 million solar panels, which can eventually offer electricity to 140,000 homes...

U.S. Chips Act requirements ‘concerning’: Korean trade minister

The recently released requirements for the U.S. chip manufacturing subsidy program are “concerning,” the trade minister said Monday, promising to negotiate with the United...

Korea-U.S. cooperation key to overcoming ‘polycrisis’: Foreign Minister

A polycrisis cannot be overcome by any single country, Korean Foreign Minister Park Jin declared Thursday, stressing the importance of cooperation between Korea and...

Hybe acquires U.S. hip-hop label to expand global business portfolio

SEOUL, Feb. 9 (Yonhap) -- Hybe said Thursday its American unit has agreed to acquire QC Media Holdings, the parent company of an influential...

Korean Air to increase U.S. and Europe flights starting in March

Korean Air will increase the number of flights to the United States and Europe in March. The airline announced Wednesday that it will be flying at...

Lots of diplomacy this week on the U.S. IRA

Korean and U.S. officials are holding discussions about the U.S. Inflation Reduction Act (IRA) and its impact on Korean industries. Second Vice Foreign Minister Lee...

U.S. envoy for North Korea holds rare talks with Chinese counterpart over recent provocations

U.S. Special Representative for North Korea Sung Kim held talks this week with his Chinese counterpart to discuss North Korea's increasingly provocative behavior, the...

71st Operation Christmas Drop begins, Korea joins U.S. and its allies

Korea is taking part in Operation Christmas Drop for the second consecutive year, with an Air Force C-130 flying to remote Pacific islands and...

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