SEOUL, Aug. 13 (Korea Bizwire) — Jailed former first lady Kim Keon Hee will appear for questioning by a special counsel team Thursday, less than two days after her arrest over corruption allegations. Special counsel Min Joong-ki’s team said Wednesday it was informed by Seoul Southern Detention Center, where Kim was placed in custody earlier [...]
SEOUL, Aug. 13 (Korea Bizwire) — The Hanwha Eagles broke their own South Korean baseball league record with their 48th sellout of the season Wednesday. The Eagles hosted the Lotte Giants before a capacity crowd of 17,000 at Daejeon Hanwha Life Ballpark in Daejeon, 140 kilometers south of Seoul. In 2024, the Eagles had established [...]
SEOUL, Aug. 13 (Korea Bizwire) — HD Hyundai, South Korea’s leading shipbuilding group, said Wednesday that senior government officials from South Korea and the United States visited its shipyard to discuss ways to expand bilateral cooperation in the shipbuilding sector ahead of a summit between their top leaders. Foreign Minister Cho Hyun; Joseph Yun, acting [...]
SEOUL, Aug. 13 (Korea Bizwire) — Financially troubled discount store chain Homeplus Co. said Wednesday it will close 15 outlets as part of emergency management measures amid a worsening business environment. Homeplus has been under a court-led rehabilitation program since March, when two local credit rating agencies downgraded its corporate bonds from A3 to A3-, [...]
SEOUL, Aug. 13 (Korea Bizwire) – President Lee Jae Myung will visit Japan from Aug. 23-24 for summit talks with Japanese Prime Minister Shigeru Ishiba to discuss ways to advance bilateral relations and trilateral partnership with the United States, the presidential office said Wednesday. Lee will make a two-day visit to Japan before traveling to [...]
SEOUL, Aug. 13 (Korea Bizwire) — South Korea’s transport ministry said Wednesday it has introduced a new system with the U.S. Transportation Security Administration (TSA) allowing air travelers from Incheon to Atlanta to connect to onward flights without having to reclaim and recheck their baggage. The ministry said it has begun implementing an international remote [...]
SEOUL, Aug. 13 (Korea Bizwire) — Samsung Display Co. has virtually won a U.S. lawsuit against BOE Technology Group Co., with Washington’s trade watchdog imposing a near 15-year import ban on the Chinese rival’s organic light-emitting diode (OLED) panels, sources said Wednesday. According to the sources, the U.S. International Trade Commission (ITC) made a preliminary [...]
SEOUL, Aug. 12 (Korea Bizwire) — LG CNS Co., an information technology affiliate of South Korea’s LG Electronics Inc., said Tuesday it has signed an agreement to build an artificial intelligence (AI) data center in Vietnam. A memorandum of understanding (MOU) was signed with Vietnam Posts and Telecommunications Group (VNPT) and Korea Investment Real Asset [...]
SEOUL, Aug. 12 (Korea Bizwire) — Police said Tuesday they have launched an investigation into K-pop star G-Dragon and Yang Hyun-suk, the founder and chief producer of major agency YG Entertainment, over alleged violation of copyright law. Seoul’s Mapo Police Station began the probe after receiving a complaint in November from a composer who claimed [...]
SEOUL, Aug. 12 (Korea Bizwire) — With each passing outing in one tough situation after another, NC Dinos reliever Chun Sa-min is learning more and more about himself. In his fifth Korea Baseball Organization (KBO) season at age 26, the 194-centimeter right-hander is finally realizing the value of trusting his pitches. And his superb outing [...]