SEOUL, May 7 (Korea Bizwire) — A digital certificate belonging to CJ OliveNetworks Co., the IT service arm of South Korea’s CJ Group, has been found to have been leaked and exploited in a suspected North Korean cyberattack, according to cybersecurity sources Wednesday. According to the sources, a malicious file linked to North Korea discovered [...]
SEOUL, May 7 (Korea Bizwire) — The state-run Korea Hydro & Nuclear Power Co. (KHNP) submitted a request for arbitration with an international mediation court Wednesday regarding a conflict with parent company Korea Electric Power Corp. (KEPCO) over a payment dispute involving additional construction costs for a nuclear power plant in the United Arab Emirates [...]
SEOUL, May 7 (Korea Bizwire) — South Korea’s landmark bid to export nuclear power plants to the Czech Republic has encountered stiff legal resistance from France, highlighting the intensifying global rivalry in the nuclear energy sector and underscoring Korea’s growing competitiveness. Led by Korea Hydro & Nuclear Power (KHNP), the so-called “Team Korea” secured its position [...]
WASHINGTON, May 7 (Korea Bizwire) — A U.S. congresswoman has reintroduced a bill calling on the U.S. government to step in if South Korea takes regulatory measures that might harm America’s digital businesses, Congress’ website showed Tuesday. On Monday, Rep. Carol Miller (R-WV) introduced the bill, titled “To authorize the appropriate administrative authorities to impose [...]
SEOUL, May 7 (Korea Bizwire) — South Korea and the United States have recently discussed the possibility of expanding their cooperation in the areas of naval shipbuilding and maintenance to military aircraft, the South’s defense ministry said Wednesday. The discussion took place when the allies held their Korea-U.S. Integrated Defense Dialogue (KIDD) in Washington last [...]
SEOUL, May 7 (Korea Bizwire) — The Korea Biotechnology Industry Organization (KBIO) said Wednesday it has requested the United States to exempt South Korea from the Donald Trump administration’s plan to impose tariffs on pharmaceutical imports. KBIO said it submitted such an opinion formally to the U.S. Department of Commerce on Tuesday (U.S. time) regarding [...]
SEOUL, May 6 (Korea Bizwire) — Russia said Tuesday that North Korea will be represented at the ambassador level at Victory Day celebrations in Moscow this week, with the reclusive regime’s leader, Kim Jong-un, staying at home. Per reports out of Moscow, Yuri Ushakov, foreign policy adviser to Russian President Vladimir Putin, said North Korea’s [...]
SEOUL, May 6 (Korea Bizwire) – A government delegation from Belarus will visit North Korea this week for talks on economic cooperation between the two nations, Pyongyang’s state-run media reported Tuesday. The delegation was scheduled to visit Pyongyang from Tuesday to Friday to hold a meeting of the intergovernmental joint committee for trade and economic [...]
PRAGUE, May 6 (Korea Bizwire) — A Czech court on Tuesday temporarily blocked the government in Prague from signing a multibillion-dollar agreement with South Korea for the construction of two nuclear reactors, according to multiple reports, making it highly unlikely that an official contract will be concluded this week. A South Korean consortium led by [...]
SEOUL, May 5 (Korea Bizwire) — A South Korean national was safely released Monday, three days after being kidnapped in the Philippines, Seoul’s foreign ministry said. The kidnapping happened early Friday as the individual was traveling by car with two Chinese and two Philippine nationals to Nasugbu, near Manila, for a fishing trip when a [...]