SK Innovation, SK E&S boards approve mega-merger plan

SEOUL, July 18 (AJU PRESS) - The boards of SK Group's two energy subsidiaries, SK Innovation and SK E&S, have approved a plan to merge on Nov. 1, which will result in the creation of Asia's largest energy company with assets worth 106 trillion won ($76.8 billion). As part of a large-scale business restructuring effort, SK Group has been pushing for a merger between SK Innovation, the energy holding company, and SK E&S, an unlisted affiliate. Under the plan passed

July 18, 2024

Opinion: Conspiracy theories on Trump assassination attempt are spreading like wildfire – on both sides of politics

SEOUL, July 18 (AJU PRESS) - As the sound of gunshots interrupted Donald Trump's rally in Butler, Pennsylvania, on July 13, the former U.S. president clutched his right ear before squatting to the ground. Members of the Secret Service quickly surrounded Trump, who fiercely pumped his fist towards the crowd. It was during this moment an instantly iconic photo was taken as Trump stood, fist raised, in front of the U.S. flag – blood running from his ear to his cheek. Almos

July 18, 2024

VISUALS: Defectors discuss arts, education in North Korea

SEOUL, July 17 (AJU PRESS) - "Talk Concert with North Korean Defector Artists - North Korean Culture and Arts" was held at the National Folk Museum of Korea in central Seoul on Wednesday. Professor Jeon Young-sun of Konkuk University gave a lecture on the changes in North Korean culture and arts, followed by a talk concert with famous North Korean defector artists Jung Yu-na, a broadcaster, and Park Yu-sung, a filmmaker. They shared interesting stories about cultural education in

July 17, 2024

PHOTOS: Veterans denounce opposition party for disparaging remarks about military

SEOUL, July 17 (AJU PRESS) - Retired military personnel took to the streets in Yeouido, Seoul, on Wednesday to protest what they called insults from opposition politicians towards the armed forces. Despite heavy rain, veterans, including retired generals, gathered for a rally in front of the headquarters of the opposition Democratic Party, condemning its members for allegedly making disparaging remarks about the military, especially regarding the 2010 sinking of the South Korean warship Cheon

July 17, 2024

Lotte Mart to launch AI-selected crisp peaches

SEOUL, July 17 (AJU PRESS) - Lotte Mart, a major Korean retailer, announced on Wednesday that it will introduce peaches selected by artificial intelligence (AI) starting July 18. The company said it aims to enhance product quality through an advanced AI-based sorting system that utilizes deep learning algorithms to improve accuracy in fruit selection. The AI system employs high-speed cameras to capture three to four images per second of peaches on a conveyor belt, identifying de

July 17, 2024

Health supplement brand Foodology garners popularity in Japan

SEOUL, July 17 (AJU PRESS) - Foodology, a health supplement brand created by Adapt, topped sales in the food category during a large-scale online discount event in Japan in the second quarter, the Korean beauty product maker said Wednesday. The event, called "Mega Wari," is a major quarterly promotion held four times a year on Qoo10 Japan, an online marketplace. Foodology achieved cumulative sales of over 60,000 units, nearing daily sales of 200 million won ($144,770),

July 17, 2024

UN report condemns forced labor in N. Korea

SEOUL, July 17 (AJU PRESS) - North Korean has committed grave human rights abuses by subjecting its people to a "controlled and exploited" system of forced labor, according to a fresh U.N. report released on Tuesday. Based on 183 interviews conducted between 2015 and 2023 with victims and witnesses of such labor system, UN Human Rights Office highlighted the renegade country's serious human rights violations in the report. "The testimonies in this repor

July 17, 2024

Seminar explores S. Korea's diplomatic relations with Russia amid recent developments

SEOUL, July 17 (AJU PRESS) - A seminar offering insights on South Korea's diplomatic relation with Russia took place in central Seoul early this week. The three-hour-long seminar was part of a weekly program, hosted by a community learning center run by Seoul's Jongno district office. It invites notable figures from various fields every Tuesday to give classes and lectures on a wide range of topics. They are open to all residents, with a particular focus on providing learnin

July 17, 2024

SK Innovation, SK E&S boards discuss proposed merger

SEOUL, July 17 (AJU PRESS) - SK Group's two energy subsidiaries, SK Innovation and SK E&S, are holding board meetings on Wednesday to discuss a merger proposal, which could result in the creation of a mega energy company with assets worth 106 trillion won ($76.8 billion) as early as November. As part of a business restructuring effort, SK Group has been pushing for a merger between SK Innovation, the energy intermediate holding company, and SK E&S, which is considered a

July 17, 2024

Samsung teams up with Tomorrow X Together for new brand song

SEOUL, July 17 (AJU PRESS) - Samsung Electronics unveiled a new Galaxy brand song titled "Open Always Wins" on Wednesday in collaboration with K-pop group Tomorrow X Together (TXT). The release of the song, which aims to emphasize the Galaxy brand value of "openness," coincides with the launches of new products such as the Galaxy Z Fold6 and Z Flip6. The alternative rock track features energetic guitar sounds and powerful vocals, encouraging listeners to appro

July 17, 2024