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South Korea’s new administration has announced a $14.7 billion supplementary budget aimed at boosting consumer spending and reviving
As the military conflict between Israel and Iran enters its second week following an initial surprise attack, concerns
South Korea’s HD Hyundai and U.S. chip giant NVIDIA have joined a USD 650 million funding round for
South Korean shipbuilder Hanwha Ocean recently hosted a delegation from British Columbia (BC), Canada, to explore cooperation on
(Photo=Kakao Corp) Kakao Corp., a major South Korean tech company best known for its mobile messaging app KakaoTalk, plans to invest $437 million to build a large-scale artificial intelligence (AI) hub in Namyangju, a city located in the Gyeonggi Province near Seoul. Several industry sources confirmed on June 12 that Kakao has reached an agreement with Gyeonggi Province and the
CJ CheilJedang’s Bibigo Soba Bar Chicken is gaining popularity at Costco stores across the United States, further fueling the global rise of K-Food. More than just a frozen meal, this product plays a key role in introducing the taste of Korea to tables around the world. On June 12, Suburbs 101, a New York-based suburban lifestyle guide, featured Bibigo Soba
Samsung Electronics has begun production of the Galaxy S25 Ultra at its facility in Egypt, marking the first time the company has manufactured a flagship smartphone on the African continent. A dedicated production line for the Galaxy S25 has been established at the Beni Suef plant, which previously focused on producing TVs and monitors. The company plans to expand its
(Photo=Piexbay) The federal government has voiced support for developing what could become the country’s second rare earth mine, signaling renewed efforts to strengthen domestic critical mineral supply chains. Several media outlets report that Interior Secretary Doug Burgum said in a June 8 interview with Fox News that the Colosseum Mine project in California represents “a pivotal step toward enhancing the
(Photo=HYBE) South Korean investment firm KB Securities has raised its target price for HYBE Corporation from $230 to $270, citing growing expectations for a full BTS reunion and stronger future earnings. Analyst Sunhwa Lee noted that BTS is set to complete its military service cycle on June 21, when member SUGA is discharged. "With all members returning, excitement is building
