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Sat, September 23, 2023 | 19:12

US finalizes national security 'guardrails' for CHIPS funding

US finalizes national security 'guardrails' for CHIPS funding

The U.S. Department of Commerce announced Friday the final rule to restrict semiconductor subsidy recipients from expanding their manufacturing capacity in China, following Seoul's brisk diplomacy to minimize its potential impact on Korean businesses.

2023-09-23 10:14

Lawmakers want to grill business tycoons over decision to rejoin FKI

Lawmakers want to grill business tycoons over decision to rejoin FKI

The heads of Samsung, SK, Hyundai Motor and LG business groups are once again facing the prospect of appearing as witnesses at a National Assembly audit of the government next month, according to sources familiar with the matter, Friday.

2023-09-22 17:17

Hyundai Hope On Wheels marks 25th anniversary in US

Hyundai Hope On Wheels marks 25th anniversary in US

Hyundai Motor Group celebrated the 25th anniversary of its social campaign called Hyundai Hope On Wheels that helps children with cancer in the United States, the company said Friday.

2023-09-22 16:59

JSW in talks with LG Energy Solution to make EV batteries in India: sources

JSW in talks with LG Energy Solution to make EV batteries in India: sources

Indian steel-to-energy group JSW is in early stage talks with Korea's LG Energy Solution (LGES) about jointly manufacturing batteries in India, two sources told Reuters, as it presses ahead with plans to build electric vehicles locally.

2023-09-22 16:40

'Songpyeon' for low-income families

'Songpyeon' for low-income families

S-Oil CEO Anwar A. Al-Hejazi, left, performs the finger heart gesture while making “songpyeon,” traditional Korean half-moon-shaped rice cakes for the Chuseok holidays, at the oil refiner’s headquarters in Seoul, Friday, along with the company employees, children from neighboring daycare centers and students from Saudi Arabia. The CEO also delivered 50 milli...

2023-09-22 15:00

LG Energy Solution leads growth with differentiated technology

LG Energy Solution leads growth with differentiated technology

LG Energy Solution, which has continued innovation for the world's top technological capabilities, invested 470.7 billion won ($351.3 million) in research and development (R&D) in the first half of this year to enhance its business competitiveness, up 24.4 percent from the previous year.

2023-09-22 14:54

Foreign employees rewarded for contribution to Korea's shipbuilding industry

Foreign employees rewarded for contribution to Korea's shipbuilding industry

Two foreign workers received awards for their contribution to Korea’s shipbuilding industry, during the celebration of the 20th Shipbuilding and Offshore Day hosted on Wednesday by the Ministry of Trade, Industry and Energy and the Korea Shipbuilding & Offshore Association (KOSHIPA).

2023-09-22 14:36

EU biz lobby urges Korea to ease EV battery safety rules

EU biz lobby urges Korea to ease EV battery safety rules

A business lobby group representing European firms here urged the Korean government to ease rules on the nation’s electric vehicle (EV) battery safety certification, as it may be a trade barrier to global automakers, the European Chamber of Commerce in Korea (ECCK) said Thursday.

2023-09-21 16:56

Honey-dipped cookie to represent 'K-desserts' at global food expo in Germany

Honey-dipped cookie to represent 'K-desserts' at global food expo in Germany

Korean traditional honey cookies, known as "yakgwa," have become the flagship product of over 53 Korean desserts and finger foods to be showcased at a global food expo in Germany next month, according to SPC Samlip, Thursday.

2023-09-21 16:15

HD Hyundai confident of selling unmanned earthmovers to Saudi Arabia

HD Hyundai confident of selling unmanned earthmovers to Saudi Arabia

BORYEONG, South Chungcheong Province - Torrential rainfall on Wednesday could not hinder HD Hyundai XiteSolution’s unmanned excavator and dozer from digging and moving dirt piled up on the proving ground owned by the construction equipment maker’s subsidiary, HD Hyundai Infracore.

2023-09-21 16:10

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Top 10 Stories

1	Scientists find green way to turn CO2 into fuel with sunlight

2	Kim Jong-un's rejection of Russia's food assistance irritates North Korean defectors

3	Opposition party in turmoil as leader could be arrested on Tuesday

4	Korea boosts subsidies to rev up falling EV sales

5	Russia lodges protest to S.Korean envoy over Yoon's UN speech

6	Foreign employees rewarded for contribution to Korea's shipbuilding industry

7	Lawmakers want to grill business tycoons over decision to rejoin FKI

8	Gov't reviews changing description of Fukushima wastewater

9	'Songpyeon' for low-income families

10	Saudi Arabia celebrates 93rd National Day

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