Latest news
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ASEAN-Korea Centre opens pop-up store to promote Southeast Asian foodPoster for ASEAN Flavor Town Courtesy of the ASEAN-Korea Centre SEOUL, June 14 (AJU PRESS) - The ASEAN-Korea Centre on Friday launched a pop-up store event in Seoul to promote Southeast Asian food to Koreans. The event, titled ASEAN Flavor Town, opened at Lotte Department Store in the city center and will run until next Thursday. ASEAN stands for the Association of Southeast Asian Nations, which includes Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Thailand
June 14, 2024 -
Admiral Yi Sun-shin named most admired figure among KoreansSEOUL, June 14 (AJU PRESS) - Admiral Yi Sun-shin remains the most revered figure among many Koreans, according to a recent survey by pollster Gallup Korea. In the survey of nearly 2,000 people aged 13 and above released this week, some 14 percent named the historical naval hero as the person they respect the most. Yi had previously topped the same survey in 2014 and 2019. The admiration for Yi seems stronger among men, with 18 percent choosing him, compared to 9 percent of women.
June 14, 2024 -
Samsung, LG target data center cooling system market as AI drives demandSEOUL, June 14 (AJU PRESS) - Samsung Electronics and LG Electronics are intensifying their efforts to gain a competitive edge in the global market for cooling devices used in data centers amid the ongoing artificial intelligence boom. Demand for heating, ventilation and air conditioning (HVAC) systems is surging as they play a crucial role in preventing facility overloads and reducing energy consumption at data centers, which consume substantial power and generate significant heat
June 14, 2024 -
Toxic substances found in products sold on AliExpress, TemuSEOUL, June 14 (AJU PRESS) - An investigation by the Korea Consumer Agency has revealed alarming levels of heavy metals, phthalates and other hazardous substances in various products sold on the popular overseas direct-buying platforms AliExpress, Temu and Qoo10. The semi-government watchdog said Friday that of 88 products examined, including cosmetics, children's toys and motorcycle helmets, 27 items, or 30.7 percent, failed domestic safety standards. Excessive lead 65 times
June 14, 2024 -
Coupang threatens to halt rocket delivery, curb investments after record antitrust fineSEOUL, June 14 (AJU PRESS) - South Korea's e-commerce giant Coupang has signaled that it may halt its fast delivery service and investment plans after the government imposed a record fine on the company for providing unfair business advantages to its private-label products. The Fair Trade Commission (FTC) on Thursday slapped Coupang with a 140 billion won ($108 million) fine for manipulating search algorithms and posting false product reviews. Alongside imposing the heaviest pen
June 14, 2024 -
Canadian Embassy calls for collaborative efforts in Arctic marine conservationSEOUL, June 14 (AJU PRESS) - The Embassy of Canada to Korea hosted a special event in Seoul on Thursday to raise awareness about protecting the marine environment. The event, held in collaboration with the Korea Polar Research Institute and the Korea Maritime Institute, brought together environmentalists and other experts to discuss conservation efforts for the Arctic marine environment. Among the participants were visiting Inuit delegates, indigenous to the Arctic, who came to S
June 14, 2024 -
Hyundai Motor's hydrogen vehicle exports fall to zero in MaySEOUL, June 14 (AJU PRESS) - Hyundai Motor Co.'s exports of hydrogen-fueled electric vehicles dipped to zero last month, signaling the Korean carmaker’s declining presence in the market, data showed Friday. According to the Korea Automobile & Mobility Association (KAMA), Hyundai sold no hydrogen passenger or commercial vehicles overseas in May, marking the second time this has happened since October 2023. Hyundai is the sole manufacturer of hydrogen fuel-cell cars i
June 14, 2024 -
Young Korean filmmaker's meteoric rise at Cannes shows how luck favors the preparedSEOUL, June 14 (AJU PRESS) - A young Korean director suddenly became the talk of the town when her short film was invited to this year's Cannes Film Festival in May. "Forest of Echoes" directed by Lim Yoo-ri was invited to the prestigious festival's La Cinef, a section showcasing short- and medium-length films submitted by film school students around the world, aimed at exploring new talents and aspiring directors. The 22-minute short was among 18 finalists sele
June 14, 2024 -
Opinion: China's premier visits Australia for first time in 7 years – what can we expect?SEOUL, June 14 (AJU PRESS) - Chinese Premier Li Qiang is visiting Australia from June 15 to 18. It is the first visit to Australia by a Chinese premier in seven years, and signals a further thawing of the once-frosty relations between the two countries. Who is Li Qiang? The premier leads the State Council and is ranked second in the seven-member governing Politburo. Only President Xi Jinping, as the head of the Chinese Community Party, outranks him. In the same way as both o
June 14, 2024 -
Media outlets pursue innovative business models amid industry transformationThe World Association of News Publishers (WAN-IFRA) issued its annual report “Innovation in News Media World Report 2024-25" in late May, highlighting major challenges faced by the global news industry. The following is the second in a four-part series summarizing key insights from the report. This second installment focuses on business models. – Ed. SEOUL, June 14 (AJU PRESS) - In the ever-evolving media landscape, traditional publishing business models are facin
June 14, 2024
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K Bank readies third and possibly final KOSPI bid, betting on sustained market rally
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AI detectors questioned for efficacy while Korean universities wrestle with AI use
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Sober reckoning on Korea's college entrance ritual as record number awaits the test day
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South Korea sets ambitious target for greenhouse gas emissions over next decade
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Carbon-neutral hydrogen seaport eyed in South Korea's Pyeongtaek
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Asian stocks give up morning gains; KOSPI barely holds positive terrain
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South Korea's Auros Technology to provide chipmaking tools to Samsung
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Flights to be grounded for 30 minutes to reduce noise for test-takers during their crucial exam
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Japanese R-rated anime dominates Korean box office amid drought in Korean cinema
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Sookmyung Women's University Technology Holdings invests in livestock distribution startup Pink Packer
