One of South Korea’s wealthiest people, the billionaire founder of the country’s biggest mobile messenger operator KakaoTalk, promised Monday to give away more than half his wealth. The decision by …
$43 bn deal for world’s biggest offshore wind farm in South Korea
A $43 billion deal was signed Friday to build what the South Korean government said will be the world’s biggest offshore wind power complex, as it seeks to achieve carbon neutrality by 2050. Asia …
$43 bn deal for world’s biggest offshore wind farm in South Korea
A $43 billion deal was signed Friday to build what the South Korean government said will be the world’s biggest offshore wind power complex, as it seeks to achieve carbon neutrality by 2050. Asia …
Apple cars: South Korea’s Hyundai and Kia say they are not talking to iPhone maker about self-driving vehicles
Shares of Hyundai and Kia plunged on Monday after the South Korean automakers said they were not in talks with Apple to develop self-driving cars after all.
South Korea seeks to reassure ageing residents after raising COVID-19 vaccine questions
With one of the fastest ageing populations in the world, South Korea this week sought to reassure elderly residents as it said it would push ahead with AstraZeneca’s COVID-19 vaccine but is still …
LG Display raises investment at Vietnam factory by $750 million to $3.25 billion: media
Vietnam has awarded a licence to South Korea’s LG Display Co. to raise its investment in the country’s northern port city of Haiphong by $750 million to $3.25 billion, local media reported on Monday.
The Latest: South Korea’s daily new cases drop under 300
South Korea’s daily tally of newly confirmed coronavirus cases has fallen below 300 for the first time in more than two months as authorities slightly ease tough physical distancing rules in the count …
Unrelenting bird flu spread sparks egg shortages in South Korea
SEOUL (Bloomberg) – A mom-and-pop bakery in South Korea’s capital is bustling even during the pandemic as customers look to buy its famous pecan pie or cheese tart. But the owners of the store are …
Key North Korea factory shuts down from COVID-19 parts shortage
One of North Korea’s largest fertilizer plants has halted operations due to a lack of replacement parts, a trade group based in South Korea says, the latest sign of damage to the rogue state’s economy …
UAE ranks first regionally and fourth globally in the Global Entrepreneurship Index 2020
UAE has outperformed many of the major global economies such as the US, Canada, the UK, Australia, EU countries, China, Japan and South Korea in the overall rankings of the index …