Latest news
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Korea selects first drilling site in East Sea gas development project
SEOUL, July 16 (AJU PRESS) - The Korea National Oil Corporation (KNOC) has chosen the location for its first exploratory drilling in the East Sea deep-sea gas field development project, industry sources said on Tuesday. The site named "Blue Whale," spans the northern parts of Blocks 8 and 6-1 in an east-west direction and is estimated to have the largest oil and gas reserves among seven promising structures identified in the area. The KNOC is currently finalizing its revie
July 16, 2024 -
SK Telecom invests $200 million in US AI data center solutions firm
SEOUL, July 16 (AJU PRESS) - SK Telecom on Tuesday announced a $200 million investment in Smart Global Holdings (SGH), a U.S.-based data center integration solutions company. In its largest artificial intelligence-related investment to date, SK Telecom has recently signed a deal to secure about 10 percent stake in SGH through convertible preferred stock. SGH, headquartered in Silicon Valley, specializes in designing, building and operating AI clusters with large-scale GPU servers. T
July 16, 2024 -
PHOTOS: Koreans mark chobok, the first of three dog days of summer
SEOUL, July 15 (AJU PRESS) - Koreans marked chobok, the first of the three dog days of summer, on Monday. The Korea Meteorological Administration reported that temperatures across most regions nationwide soared above 30 degrees Celsius. On this occasion, health food restaurants across the country are experiencing a surge in business as samgyetang (ginseng chicken soup), grilled eel, and raw croaker are particularly in high demand. At some renowned eateries, reservation wait times have stretch
July 15, 2024 -
Police investigate cable manufacturer over alleged technology leak
SEOUL, July 15 (AJU PRESS) - Korean police are investigating the alleged leak of submarine cable technologies from LS Cable & System, the nation's top cable manufacturer, to its competitor, Taihan Cable & Solution. The Gyeonggi Nambu Police Agency said its investigators recently raided Taihan Cable's headquarters and offices and are examining seized documents as part of the probe. Previously, the police booked Taihan Cable and a construction design firm, which is
July 15, 2024 -
Korea witnesses largest-ever number of lottery first prize jackpots with 63 winners
SEOUL, July 15 (AJU PRESS) - Korea saw an unprecedented number of Donghang Lottery jackpots on Saturday, with 63 winners sharing the top prize. According to the Korean Lottery Commission, operated by the Ministry of Strategy and Finance, the record-breaking 63 winners surpassed the previous record of 50 winners set in June 2022. Each winner from Saturday's draw received approximately 419 million won ($303,074), which is about a quarter of the average Korean Lotto first-plac
July 15, 2024 -
PHOTOS: Government employees rally to demand higher pay
SEOUL, July 15 (AJU PRESS) - Government employees in Korea rallied on Monday to demand higher salaries and allowances. The Confederation of Korean Government Employees' Union staged a demonstration in front of the Government Complex in central Seoul, claiming that low wages had caused an unprecedented wave of resignations among new civil servants.
July 15, 2024 -
Samsung's Tizen OS adopted by luxury German TV brand LOEWE
SEOUL, July 15 (AJU PRESS) - Samsung Electronics announced Monday its Tizen operating system will be installed in LOEWE's premium TV lineup, "Stellar." LOEWE, a century-old German brand known for high-end home cinema products, will now offer Samsung's TV Plus, Gaming Hub, and SmartThings services through Tizen OS. Tizen OS, developed by Samsung, is one of the world's largest TV platforms, powering over 270 million Samsung smart TVs as of 2023. It provides a wid
July 15, 2024 -
Shinhan Bank provides digital consultation service for foreign customers
SEOUL, July 15 (AJU PRESS) - Shinhan Bank has launched a digital consultation service to help foreign customers more easily access and manage their banking needs, the company announced on Monday. The service, called "Shinhan Global Plus," is designed to assist foreign customers in using Shinhan's digital lounge and video consultation-based channels. The digital lounge is equipped with digital desks and smart kiosks, with concierge staff on hand to ensure that anyone ca
July 15, 2024 -
LG Chem to supply membranes for Oman's largest desalination plant
SEOUL, July 15 (AJU PRESS) - LG Chem announced on Monday it will supply 23,000 reverse osmosis (RO) membranes to GS Inima, the contractor for Oman's Ghubrah III Desalination Project. The plant, set to become Oman's largest when operational in the first quarter of 2027, will produce 300,000 cubic meters of fresh water daily, serving 2.5 million people in the capital area, according to the company. Reverse osmosis is a water purification process that uses a partially permeabl
July 15, 2024 -
PHOTOS: Animal rights group protests traditional summer chicken dish
SEOUL, July 15 (AJU PRESS) - A Korean animal rights organization staged a protest Monday against a traditional summer chicken dish, claiming it promotes animal cruelty. The group Animal Liberation Wave held a rally in central Seoul, condemning the consumption of samgyetang, a soup made with a whole young chicken stuffed with rice, ginseng, and other ingredients. It has traditionally been eaten during the hottest days of summer in Korea. The protest coincided with boknal, a day marking the pe
July 15, 2024
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PHOTOS: Retro street in central Seoul faces uncertain future
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PHOTOS: Seoul Summer Beach transforms Gwanghwamun into urban water park
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PHOTOS: Incheon Airport gears up for summer travel boom
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From lovebugs to nutrias: Korea grapples with growing threat of alien species
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Dark web drug ring with 4,000 buyers busted
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Defense chiefs of S. Korea, US, Japan to meet in Tokyo next week
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Actor Yu Ah-in booked on allegations of sexually assaulting man in his 30s
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Amid e-commerce settlement dispute, Tmon begins refunds after customers occupy office
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Peruvian Embassy in Seoul celebrates Independence Day
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Korea Eximbank, IDB sign $300 million co-financing deal for Latin America infrastructure projects