SEOUL, July 11 (Korea Bizwire) — The host country South Korea beat Hong Kong 2-0 for their second straight victory at the East Asian Football Federation (EAFF) E-1 Football Championship on Friday. Kang Sang-yoon and Lee Ho-jae each scored their first international goals for the winning side at Yongin Mireu Stadium in Yongin, some 40 [...]
SEOUL, July 11 (Korea Bizwire) — Korean Air Co., South Korea’s leading air carrier, said Friday its net profit for the second quarter grew 13.4 percent from a year earlier thanks to stable demand in the company’s passenger services. The company’s net profit for the April-June period totaled 395.9 billion won (US$288.1 million) on a [...]
KUALA LUMPUR, July 11 (Korea Bizwire) — South Korea on Friday called for unified efforts toward resolving North Korea’s nuclear issues, vowing to make progress to achieve lasting peace on the Korean Peninsula under the new government of President Lee Jae Myung. First Vice Foreign Minister Park Yoon-joo made the remarks during the foreign ministers’ [...]
SEOUL, July 11 (Korea Bizwire) — The United States has made South Korea’s participation in its containment policy against China a prerequisite for bilateral cooperation in the shipbuilding sector, one of the key items in the two countries’ ongoing trade negotiations, a Seoul official said Friday. “The shipbuilding industry is one of the most notable [...]
KUALA LUMPUR, July 11 (Korea Bizwire) — South Korea, the United States and Japan reaffirmed Friday their “resolute” commitment to the complete denuclearization of North Korea, as they held their first high-level diplomatic talks since the launch of the Lee Jae Myung government. The 40-minute talks took place among First Vice Foreign Minister Park Yoon-joo, [...]
SEOUL, July 11 (Korea Bizwire) — K-pop star G-Dragon has canceled an upcoming concert in Thailand, citing concerns over fan safety due to extreme heat, his agency said Friday. The concert was scheduled to be held Aug. 2 at Rajamangala National Stadium in Bangkok as part of his “Ubermensch” world tour. Galaxy Corporation, the artist’s [...]
SEOUL, July 11 (Korea Bizwire) — Samsung Heavy Industries Co. said Friday it has provided a virtual reality (VR) training solution to Taiwan’s Evergreen Marine Corp. to support operations of eco-friendly container vessels of the shipping company. The VR solution is designed to allow crew members to familiarize themselves with dual-fuel methanol-powered ships in a [...]
SEOUL, July 11 (Korea Bizwire) — SK ecoplant Co., the construction arm of South Korea’s SK Group, has sold part of its stake in U.S.-based fuel cell company Bloom Energy Corp., sources said Friday. SK ecoplant offloaded 10 million common shares in Bloom Energy through an over-the-counter block trade at US$27.60 per share on Thursday, [...]
Vantaa, Finland, July 11, 2025 (Korea Bizwire) — Canatu Plc (CANATU, Nasdaq First North, Finland) has received Site Acceptance Test (SAT) approval for its first CNT100 SEMI reactor and for the related post-processing peripherals, shipped to a semiconductor customer in September 2024. The equipment successfully passed the extensive tests conducted on-site at the customer’s premises [...]
SEOUL, July 11 (Korea Bizwire) — The government will launch a debt restructuring scheme for individuals in October as part of efforts to reduce or ease their payment burdens, the country’s financial regulator said Friday. The so-called bad bank, a debt restructuring vehicle, will be sized at 800 billion won (US$581 million), around half of [...]