SEOUL, Sept. 30 (Korea Bizwire) — Hyundai Motor Co. on Monday reached a major milestone of 100 million units in global cumulative production, an achievement accomplished in 57 years since the company’s foundation, the automaker said. In celebration of the achievement, Hyundai Motor held a ceremony at its plant in Ulsan, some 300 kilometers southeast [...]
SEOUL, Sept. 30 (Korea Bizwire) — A court has sentenced Suga of K-pop superband BTS to a fine of 15 million won (US$11,469) on charges of driving an electric scooter under the influence of alcohol, sources said Monday. Late at night on Aug. 6, police officers found Suga trying to get up after falling off [...]
SEOUL, Sept. 30 (Korea Bizwire) — Prosecutors on Monday grilled an e-commerce tycoon believed to be at the center of the large-scale insolvency incidents involving online shopping platforms TIMON and WeMakePrice. Ku Young-bae, CEO of the Singapore-based Qoo10 Group, the parent company of TIMON and WeMakePrice, underwent questioning as a fraud and embezzlement suspect at [...]
SEOUL, Sept. 30 (Korea Bizwire) — South Korea’s media regulator said Monday that Telegram has pledged to adopt a zero-tolerance policy and immediately remove deepfake pornography and other illegal content from its platform, in cooperation with local authorities. The Korea Communications Standards Commission (KCSC) said it had a face-to-face working-level meeting with Telegram on Friday, [...]
SEOUL, Sept. 30 (Korea Bizwire) — Nongshim Co. said it will nearly double the sales of its Shin Ramyun instant noodles in Japan by 2026 as it further penetrates the local noodle market. Nongshim, South Korea’s leading instant noodle maker, aims to achieve 20 billion yen (US$140 million) in Shin Ramyun sales in 2026, up [...]
SEOUL, Sept. 30 (Korea Bizwire) — North Korean leader Kim Jong-un has stressed the importance of bilateral relations with Cuba in a message, widely seen as an effort to strengthen their long-standing ties, despite a setback over South Korea’s recent establishment of diplomatic relations with Havana. Kim had conveyed cordial greetings to Cuban President Miguel [...]
SEOUL, Sept. 30 (Korea Bizwire) – Google, which dominates internet traffic in South Korea, is facing criticism for its substantial carbon footprint and alleged evasion of social responsibility, according to a report by a South Korean lawmaker. Kim Woo-young, a Democratic Party representative in the National Assembly’s Science, Technology, Information Broadcasting, and Communications Committee, revealed that [...]
SEOUL, Sept. 30 (Korea Bizwire) — Rising young stars based in Europe have been called up for South Korea’s two World Cup qualifying matches in October. Head coach Hong Myung-bo unveiled his 26-man squad on Monday for the next pair of matches for South Korea in Group B of the third round in the Asian [...]
SEOUL, Sept. 30 (Korea Bizwire) — Prosecutors on Monday demanded a 3 1/2-year prison term for popera star Kim Ho-joong on charges of ramming into a taxi in Seoul and fleeing the scene. Kim was arrested and indicted for allegedly crashing into a stationary taxi in the opposite lane in Seoul’s southern district of Gangnam [...]
HOUSTON and TEMECULA, Calif., Sept. 29 (Korea Bizwire) — ABS issued an approval in principle (AIP) for a new ammonia fuel supply system (FSS) from Nikkiso Clean Energy & Industrial Gases, part of Nikkiso Co., Ltd.’s Industrial Division. The ammonia fuel supply system features high efficiency pumps and an integrated fuel management system and can [...]