Photo=Korea Zinc Korea Zinc has made a strategic investment in the U.S. Nasdaq-listed deep-sea mining company The Metals Company (TMC), acquiring approximately 5% of its shares for over $85 million. The deal also grants Korea Zinc the right to purchase additional shares at a discounted price if TMC’s valuation increases. This move is part of Korea Zinc’s broader effort to

(Photo=South Korea’s Ministry of Culture) A large-scale K-culture festival bringing together global fans and content industry leaders will take place this week in Seoul. South Korea’s Ministry of Culture, Sports and Tourism, along with the Korean Foundation for International Cultural Exchange (KOFICE), announced that the inaugural “2025 MyK FESTA” will be held from June 19 to 22 at Olympic Park

Photo=KAI Korea Aerospace Industries (KAI) is seeking to expand exports of its KT-1 basic trainer aircraft to Indonesia. Through a "Made in Indonesia" strategy, the company aims to contribute to the development of the country's defense industry. Following collaboration on the next-generation fighter project (IF-X), KAI is now looking to broaden cooperation by targeting Indonesia’s aerospace and defense market, which

(Photo=Hyundai Motor Group) Hyundai Motor Group, South Korea’s largest automaker and a global leader in mobility solutions, has signed an exclusive engine oil supply agreement with Shell Philippines, introducing custom-formulated lubricants tailored for Hyundai vehicles to service centers across the country. Several industry sources reported on June 16 that Hyundai Motor Philippines signed a deal with Shell’s local affiliate to

(Photo=UPbit) Dunamu, the South Korean fintech company behind the cryptocurrency exchange Upbit, announced on June 16 that it invested approximately $10.8 million in cybersecurity in 2024, continuing its steady commitment to strengthening information security. Since 2021, Dunamu has consistently increased its cybersecurity budget and dedicated personnel. This year’s $10.8 million allocation accounts for 9.6% of the company’s total IT investment