Hyundai Mobis Co. on Friday reported its 2023 net income of 3.42 trillion won (US$2.6 billion), up 37.6 percent from a year earlier.
Operating income for the year was 2.29 trillion won, up 13.3 percent from the previous year,
South Korea and the United States have conducted their first cyber security drills to bolster their joint posture against rising cyber threats, the defense ministry said Friday.
The Cyber Alliance drill, held from Jan. 15-26 at South Korea’s Cyber
Cambodia and the Republic of Korea (ROK) have recently discussed cooperation on investment in particular, and ways to boost Korean investment in Cambodia.
The discussion was held between H.E. Sun Chanthol, Deputy Prime Minister and First Vice Presid…
A Pentagon spokesperson expressed concerns Thursday that North Korea’s arms support to Russia would prolong the war in Ukraine, as additional U.S. military aid to the war-torn country has been stalled amid a political logjam.
Deputy Pentagon spokesp…
Sam Altman, CEO of U.S. artificial intelligence company OpenAI, has visited South Korea to discuss ways to set up a global network for artificial intelligence (AI) chip manufacturing with key chipmakers here, industry sources said Friday.
Altman loo…
Seoul shares turned higher late Friday morning on tech and battery gains, after overnight Wall Street gains following a report indicating the U.S. economy remains stronger than expected.
The benchmark Korea Composite Stock Price Index had risen 1.2 …
The Song Saa private island of the Kingdom of Cambodia is recognised among the Best Hotels and Resorts in Asia: The Gold List 2024, according to the Condé Nast Traveller (CNT), a luxury travel magazine.
‘Like many of the
U.S. officials have warned that North Korean leader Kim Jong-un could take some form of “lethal” military action against South Korea in the coming months, though they do not see an imminent risk of a full-blown war on the
North Korea could resort to nuclear weapons in a crisis “more easily” as it is making “significant” progress toward implementing a more robust nuclear strategy, a U.S. think tank report said Thursday.
The conservative Heritage Foundation released th…
Seoul shares closed higher Friday on battery gains amid a report that the U.S. economy remains resilient. The Korean won fell against the U.S. dollar.
The benchmark Korea Composite Stock Price Index (KOSPI) rose 0.33 percent, or 8.22 points,