SEOUL, Nov. 19 (Korea Bizwire) — One Russian and one Vietnamese suspect were recently extradited to the United States after being apprehended in South Korea earlier this year, the justice ministry said Tuesday. The Russian is under investigation by U.S. authorities on suspicions of using ransomware to encrypt data at multiple U.S. companies and then [...]
RIO DE JANEIRO, Nov. 18 (Korea Bizwire) — President Yoon Suk Yeol said Monday that South Korea will provide US$10 million worth of humanitarian aid to address the hunger crisis in Africa as part of a global initiative led by the Group of 20 (G20) major economies. Yoon made the pledge as a member of [...]
SEOUL, Nov. 18 (Korea Bizwire) — Hyundai Rotem Co. said Monday it has signed a comprehensive cooperation agreement with Peru’s Army Weapons and Ammunition Factory (FAME) aimed at exporting ground weapons to the country, including its K2 battle tanks and wheeled armored vehicles. The agreement was made on the sidelines of the Asia-Pacific Economic Cooperation [...]
JEJU, Nov. 16 (Korea Bizwire) – In a testament to shared culinary heritage across East Asian waters, a unique food tasting event comparing Jeju Island’s “gogi-guksu” and Okinawa’s “soki soba” drew enthusiastic crowds at a cultural exchange program in Okinawa. The comparative tasting was held on November 14 as part of the 2024 Resort Technology Expo [...]
SEOUL, Nov. 15 (Korea Bizwire) — Hyundai Motor Co. said Friday it has donated eight Ioniq 5 electric vehicle (EV) units and EV-charging infrastructure funds to the United Nations World Food Programme (WFP) as part of its strategic partnership with the humanitarian aid agency. A hand-over ceremony was held at WFP’s fleet center in Dubai [...]
LIMA, Nov. 14 (Korea Bizwire) — President Yoon Suk Yeol will hold a summit with Chinese President Xi Jinping on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in Peru on Friday, the presidential office said Thursday. It will be their second summit since their first meeting in Indonesia in November 2022. “The two [...]
SEOUL, Nov. 14 (Korea Bizwire) – Foreign Minister Cho Tae-yul and U.S. Secretary of State Antony Blinken will hold talks on the margins of the Asia Pacific Economic Cooperation (APEC) meeting in Peru later this week, Seoul’s foreign ministry said Thursday. The talks will take place early Friday (Seoul time) in Lima, where the two [...]
SEOUL, Nov. 14 (Korea Bizwire) — President Yoon Suk Yeol will hold a summit with Japanese Prime Minister Shigeru Ishiba on the sidelines of an Asia Pacific Economic Cooperation (APEC) forum in Peru this week, his office said Thursday. Yoon and Ishiba will hold their second meeting on the margins of the APEC summit to [...]
SEOUL, Nov. 13 (Korea Bizwire) – Lee, a 32-year-old office worker from Incheon, has been waking up in the middle of the night to check his investment portfolio, often exclaiming “Thank you, Musk” before falling back asleep. His enthusiasm stems from a remarkable turnaround in his 10-million-won investment in Tesla, which had previously plunged 30% amid [...]
SEOUL, Nov. 12 (Korea Bizwire) – A new report suggests that South Korean companies should proactively secure logistics infrastructure in the southeastern United States and along the U.S. borders with Canada and Mexico, anticipating these regions’ emergence as key global supply chain hubs under a potential second Trump administration. The Korea Chamber of Commerce and Industry [...]