South Korea becomes super-aged society faster than expected
One in five South Koreans is now 65 years old or older as the Asian country grapples with the demographic challenge of a rapidly aging population an...
HD Hyundai gets global ship cyber security certifications
South Korea's HD Hyundai Co. announced on Tuesday that it obtained Approval In Principle (AiP) for its ship cyber security technology from the world...
Hanwha Ocean to design digital vessels with ABS
South Korea’s Hanwha Ocean Co. on Sunday announced its conclusion of a basic accord with the Houston-based American Bureau of Shipping (ABS) t...
S.Korean academics to verify truth of room-temperature superconductor
The Korean Society of Superconductivity and Cryogenics has recently established a verification committee composed of experts in response to the ongo...
Samsung Display's QD-OLED wins SID award
South Korea's Samsung Display announced on Wednesday that its quantum-dot organic light emitting diode (QD-OLED) product received "Displays of the Y...
MBK Partners eyes China’s local consumption: Letter to investors
Private equity giant MBK Partners focused on defending its portfolio last year, especially Chinese companies during the lockdown, while being active...
S.Korea's SK Ecoplant, POSCO develop K-floating body with domestic tech
South Korea's SK Ecoplant Co. and POSCO on Wednesday said they secured basic design certification from the Norwegian classification body DNV for "K-...
S.Korea's elderly population to exceed 10 million in 2024
The number of people in South Korea aged 65 or over next year is expected to break 10 million, with the country to enter an era in which 20% of the ...
Hyundai GV70 EV to be eligible for US subsidy after classification as SUV
The sport-utility vehicle (SUV) Hyundai Genesis GV70 electric vehicle in the first half of the year is expected to be eligible for subsidies in the ...
Samsung Heavy receives approval from US on gas recovery system
Samsung Heavy Industries, a major shipbuilder in South Korea, said on Tuesday that its boil-off gas recovery system (BReS) for LNG-powered vessels h...
Korean American women leaders in finance stress finding joy in work
NEW YORK – One by one, impeccably dressed Korean American women flocked into the Anchorage Capital Group’s headquarters in New York City...
Business magnates' startup investment fraternity V-Society going strong
Back in August 2000, a fraternity of domestic business magnates’ children and startup entrepreneurs named V-Society was founded. The frat...
Netflix’s Squid Game slammed by Kim Jong-un’s propagandists as ‘beastly’
SEOUL—“Squid Game,” Netflix Inc.’s dystopian drama set in South Korea, is the top-watched show in more than 9...
Giving away patents not in line with capitalist society
WASHINGTON D.C. -- US-based biotechnology company Moderna Inc. wasn’t a household name until the beginning of last year, when its fate changed...
Korean startup FuriosaAI's Warboy overtakes Nvidia
South Korea-based artificial intelligence semiconductor startup FuriosaAI Inc.'s silicon chip has delivered higher performance than the US-based chi...
Hyundai Motor’s Chung Euisun: Vision 2040 for hydrogen society
South Korea’s Hyundai Motor Group has set out its vision for a hydrogen society, in which the clean energy source is harnessed not just for tr...
Korean ATM maker hits jackpot abroad in cashless society
Sberbank of Russia, the country's No.1 bank, unveiled its cutting-edge automated teller machine (ATM) last month in a virtual event. The newly reveale...
