ANDONG, Aug. 11 (Korea BIzwire) — A natural monument pine tree, designated as such, partially collapsed due to the strong winds accompanying the arrival of Typhoon Khanun. The Gyeongbuk Fire Service Headquarters on Thursday received a report regarding the partial collapse of the Multi-stem Pine located in Dokdong-ri, Gumi, North Gyeongsang Province. The pine tree [...]
SEOUL, Aug. 11 (Korea Bizwire) — South Korea’s top instant noodle maker Nongshim Co. said Friday its net profit jumped more than 60 percent in the second quarter from a year earlier largely thanks to stronger demand for instant noodles amid high inflation and growth in overseas markets. Net profit for the three months ended [...]
SEOUL, Aug. 11 (Korea Bizwire) — About 120 people have been apprehended nationwide for posting murder threats on various online sites following the recent back-to-back fatal stabbing attacks in the Seoul metropolitan area, the Korean National Police Agency (KNPA) said Friday. The KNPA said it has detected 315 online murder threats and nabbed 119 suspects [...]
SEOUL, Aug. 11 (Korea Bizwire) — Samsung Electronics Co. and LG Electronics Inc. said Friday they will attend IAA Mobility 2023, an annual global mobility show to be held in Germany, for the first time, in a step seen as an attempt to gain a bigger share in the fast-growing electric vehicle (EV) parts market. [...]
SEOUL, Aug. 11 (Korea Bizwire) — More energy companies, including South Korea’s Hanwha Corp. and the Netherlands-based Shell Gas & Power Developments B.V., have joined the consortium for a major carbon capture and storage (CCS) project in Malaysia, SK Innovation Co. said Friday. The state-run Korea National Oil Corp. and Air Liquide Korea, an affiliate [...]
SEOUL, Aug. 11 (Korea Bizwire) — SK Telecom Co., South Korea’s largest wireless carrier, said Thursday it has utilized artificial intelligence (AI) technology to generate vivid videos of prominent independence activists, whose images have remained blurry in photographs. The video media art showcases historical figures such as Ahn Jung-geun and Yu Gwan-sun, all produced using [...]
SEOUL, Aug. 11 (Korea Bizwire) — South Korean cosmetics and household goods maker LG H&H Co. said Thursday its Toothbrush Diet Project had won the top prize in the packaging design category at the Red Dot Design 2023 awards. Through the incorporation of a lengthened handle and purposeful gaps between the handle and the body [...]
SEOUL, Aug. 11 (Korea Bizwire) — South Korean beverage giant Lotte Chilsung Beverage Co. said Thursday it will launch an online game featuring Kaerubang, the flagship character from its hangover relief brand Kaesugang, and will operate it until September 7. In this game, Kaesuang characters take on and overcome hangover-spreading villains to accumulate points. These [...]
SEOUL, Aug. 11 (Korea Bizwire) — Samsung Electronics Co. has introduced a variety of popular dessert brands, favored by individuals in their 20s and 30s, to its in-house cafeterias as a morale-boosting initiative for its employees. Since July, the company has been providing renowned donuts from well-known dessert brand Cafe Knotted, operated by local restaurant [...]
SEOUL, Aug. 11 (Korea Bizwire) — South Korean banking sector has become entangled in a series of massive corruption scandals, revealing serious weaknesses in its internal control systems. The Financial Supervisory Service (FSS) on Wednesday launched an emergency investigation after receiving allegations that employees of DGB Daegu Bank, located in the southeastern city of Daegu, [...]