North Korea's trash-carrying balloons have disrupted runway operations at South Korea's two biggest airports for an accumulated 413 minutes this year, government data showed Wednesday. Operations at Incheon International Airport and Gimpo International Airport were disrupted 20 times this year as of Monday, according to the Seoul Regional Aviation Administration data submitted to Rep. Yang Bu-nam of the main opposition Democratic Party of Korea. This first occurred at Incheon on June

A Joint Effort Between LG and Top Research Universities, Consortium to Accelerate the Development of Next-Generation Heat Pump and Establish Industry Standards SEOUL, South Korea, Sept. 24, 2024 /PRNewswire/ -- LG Electronics (LG) is hosting the first-ever meeting of the Global Heat Pump Consortium in Seoul, South Korea, from September 23-26. A cooperative venture between LG and a growing number of international universities, the consortium is focused on developing new, more efficient hea

PRAGUE -- South Korea and the Czech Republic will increase nonstop flights for the first time since 1998, as President Yoon Suk Yeol's visit to Prague is expected to offer people from the two countries more opportunities for exchanges. The growing potential of strengthened ties between the two countries -- partly with a South Korean group being selected as the preferred bidder for the 24-trillion won nuclear export deal in the Central European country in July -- led to a decision to "i

South Korea’s defense firm LIG Nex1 said Friday it has signed a 3.7 trillion won ($2.78 billion) deal with Iraq’s defense ministry to export its medium-range surface-to-air missile defense system Cheongung-II. This is the third export contract worth over 1 trillion won that LIG Nex1 has clinched, following those with the United Arab Emirates and Saudi Arabia. Cheongung-II includes four launch vehicles with eight tubes, multi-function radar and traffic management command. It will be p

Seoul shares opened higher Friday, tracking gains on Wall Street, after the US Federal Reserve's first rate cut in more than four years lifted investor sentiment. The benchmark Korea Composite Stock Price Index rose 1.09 percent, or 28.01 points, to 2,608.81 in the first 15 minutes of trading. Overnight, the Dow Jones Industrial Average added 1.3 percent to 42,025.19 points, and the tech-heavy Nasdaq Composite jumped 2.5 percent to 18,013.98. On Wednesday, the Fed kicked off its monetary-ea

Seoul shares ended higher Thursday as investors cheered the US Federal Reserve's first rate cut in more than four years. The Korean won fell against the US dollar. The benchmark Korea Composite Stock Price Index (Kospi) rose 0.21 percent, or 5.39 points, to close at 2,580.80. Trading volume was moderate at 378.78 million shares worth 12.6 trillion won ($9.5 billion), with gainers exceeding decliners 497 to 371. The Fed cut its overnight lending rate to a range of 4.75 percent to 5 percent a

Rainfall reaching up to 250 millimeters will fall nationwide from Friday afternoon, bringing an end to the prolonged summer weather in South Korea, said the Korea Meteorological Administration on Thursday. The atmosphere above the Korean Peninsula was covered by the Tibetan and North Pacific high-pressure systems, resulting in unprecedented heat waves and tropical nights during Chuseok, Korea’s traditional mid-autumn festival to wish for a good harvest. According to the KMA, the continued

South Korean oil refiner GS Caltex said Thursday that it has supplied some 5,000 kiloliters of sustainable aviation fuel to Japan’s Narita International Airport, as part of its efforts to expand its carbon reduction business. The fuel was produced by GS Caltex by blending conventional aviation fuel with sustainable aviation fuel provided by Neste, a leading biofuel producer in Finland. The supply deal was facilitated by Japanese trading company Itochu Narita Airport plans to sell the fuel

South Korean electric wire and cable maker Taihan Cable & Solution said Thursday it has secured a 90 billion-won ($67.5 million) cable system supply deal in the US. The company has been selected as supplier to US-based LS Power Grid California for 320-kilovolt voltage source converters used in high-voltage direct-current (HVDC) transmission and a 500-kilovolt heating, ventilation and air conditioning (HVAC) power systems. Making its first foray into North America’s high-capacity, long-

VANCOUVER, BC, Sept. 19, 2024 /PRNewswire/ -- Steelhead LNG, a Vancouver-based developer in the liquefied natural gas (LNG) industry, today announced the commencement of patent infringement proceedings against [Cedar LNG] and Samsung Heavy Industries Co., Ltd. ("Samsung Heavy") in the Republic of Korea. This litigation marks a significant step in Steelhead LNG's ongoing efforts to protect its proprietary technology and intellectual property rights. Steelhead LNG has filed a la

Maintaining 28,500 American troops in South Korea is "essential," the nominee for US Forces Korea commander has said, amid concerns that former President Donald Trump could weigh a USFK troop reduction should he return to the White House. Lt. Gen. Xavier Brunson staked out his position in written answers to lawmakers' questions ahead of his Senate confirmation hearing on Tuesday. If confirmed, he would lead the South Korea-US Combined Forces Command, United Nations Command and USF

Smoking accounted for more than 80 percent of in-flight illegal acts reported by South Korea's 10 carriers in the past five years, government data showed Tuesday. In the five years through July this year, 1,509, or 80.8 percent, out of 1,868 illegal acts were related to smoking onboard, according to data from the Ministry of Land, Infrastructure and Transport. Under South Korean law, a fine of up to 10 million won ($7,500) will be imposed once in-flight smoking, including e-cigarettes, is f

True American-style hamburger in Seoul Craving an authentic American-style hamburger in Seoul? Brooklyn the Burger Joint is your go-to spot. First opened in 2010 in Seorae Maeul, Seoul's French village in Seocho-gu, this American diner-style restaurant now has nine additional locations across Seoul and two in Bundang-gu, Gyeonggi Province. Brooklyn the Burger Joint stays true to the classic, authentic taste of American-style hamburgers, focusing on high-quality ingredients. The restaurant u

SEOUL, South Korea, Sept. 12, 2024 /PRNewswire/ -- Hanwha Aerospace, in collaboration with SK Enmove, has unveiled the world's first immersion cooling Energy Storage System (ESS), marking a significant step towards non-flammable battery technology. jwplayer.key="3Fznr2BGJZtpwZmA+81lm048ks6+0NjLXyDdsO2YkfE="   Hanwha Aerospace and SK Enmove showcase the mechanism of a non-flammable energy storage system to media members at Hanwha Group headquarters i

Iraq is set to buy South Korea's homegrown medium-range, surface-to-air missile defense system, called Cheongung-II, with a deal expected to be concluded next week, according to Iraqi media reports Thursday. The reports said that Iraq's defense ministry is expected to sign a US$2.5 billion contract with Korean defense firms to purchase eight units of the Cheongung-II system, which is designed to defend against aircraft, cruise missiles and ballistic missiles. The decision is part of Ir