SEOUL, July 28 (Korea Bizwire) — A sculpture that recreates the barbed wire from the Demilitarized Zone (DMZ) on the Korean Peninsula has been displayed near the Memorial of the Berlin Wall in Germany. The sculpture, titled “A Leap of Faith,” is created by Korean artist Cha Joo-man and spans 42 meters in length. It [...]
SEOUL, July 28 (Korea Bizwire) — The Korean Cultural Center in Argentina on Tuesday (local time) held an opening ceremony for the exhibition “Illustrations for Korean Picture Books” by acclaimed author and illustrator Baek Heena. The exhibition was presented under the title “Reading Korean Stories through Pictures.” Baek, the 2020 laureate of the Astrid Lindgren [...]
SEOUL, July 28 (Korea Bizwire) — The unification ministry on Friday announced a plan to slim down and overhaul its organizational structure amid the freezing of ties between the two Koreas and growing security tensions over the peninsula. The ministry plans to relocate around 80 employees, roughly 15 percent of its workforce, and merge four [...]
SEOUL, July 28 (Korea Bizwire) — From its latest intercontinental ballistic missile (ICBM) to tactical weapons and a surveillance drone, North Korea’s vaunted military parade this week highlighted its defiant work under way to break through the closer-knit South Korea-U.S. alliance, analysts said Friday. The North conducted the parade at Kim Il Sung Square in [...]
VANCOUVER, British Columbia, July 28 (Korea Bizwire) – Arbor Metals Corp. (“Arbor” or the “Company”) (TSXV: ABR, FWB: 432) is pleased to announce that the Company has entered into an agreement to grant its technical team access to the data room of a strategically located set of mineral claims adjacent to the Jarnet Lithium Project in the James Bay [...]
SEOUL, July 28 (Korea Bizwire) — The number of foreign visitors to South Korea soared more than four times in June from a year earlier to hit a new monthly high since the COVID-19 pandemic broke out, data showed Friday. In June, around 961,000 foreign nationals came to Korea, up 321.9 percent on-year, according to [...]
July 27 (Korea Bizwire) — AKWEL (FR0000053027, AKW, PEA-eligible), the automotive and HGV equipment and systems manufacturer specialising in fluid and mechanism management and structural parts for electric vehicles, posted consolidated revenue of €545.8m over the first half of 2023. Consolidated revenue In € millions – unaudited 2023 2022 Variation Like-for-like variation (1) 1st quarter 274.6 245.8 +11.7% [...]
SEOUL, July 28 (Korea Bizwire) – 2023 will mark a major turning point for Samsung Electronics’ smartphone business, its mobile chief said Friday, with a goal to push up the portion of foldable phones to more than 20 percent of Galaxy flagship sales worldwide. “This year will serve as a tipping point for Samsung to [...]
SEOUL, July 28 (Korea Bizwire) — SK Innovation Co. said Friday it turned to the red in the second quarter as falling oil prices and thinner margins hurt its profitability. The company logged an operating loss of 106.8 billion won (US$83.2 million) in the April-June period, compared with the 2.32 trillion-won operating profit a year [...]
SEOUL, July 28 (Korea Bizwire) — Sales of cigarettes in South Korea moved down 0.6 percent on-year in the January-June period, data showed Friday. South Korean smokers purchased 1.77 billion 20-cigarette packs in the first half, falling from 17.8 billion packs posted a year earlier, according to the Ministry of Economy and Finance. Heat-not-burn tobacco [...]