New memorial monument erected to honor U.S. West Pointers killed in Korean War

SEOUL– The Korea Military Academy (KMA) and a veterans association established an additional monument to commemorate 14 U.S. Military Academy graduates who were killed in the 1950-53 Korean War, their officials said Friday.   The monument was erected at the academy in Seoul to remember the West Pointers who graduated from the military academy in … Read more

Hanwha Aerospace selected as preferred bidder for S. Korea’s space rocket project

SEOUL– Hanwha Aerospace Co., an aerospace business unit of chemical-to-financial conglomerate Hanwha Group, has been selected as preferred bidder for South Korea’s space rocket-upgrading project, the company said Friday.   Hanwha Aerospace beat the country’s sole aircraft manufacturer Korea Aerospace Industries Co. (KAI) in the 300-billion won (US$213 million) project spearheaded by state-run Korea Aerospace … Read more

World military culture expo opens in Gyeryong

SEOUL– An international military culture expo opened in a central South Korean city Friday with an aim to showcase the country’s advanced defense capabilities, enhance mutual understanding among world militaries and promote global peace.   The Gyeryong World Military Culture Expo is to run through Oct. 23 on a runway just next to the Gyeryongdae … Read more

KakaoBank mulls share buyback amid falling price: CEO

SEOUL– KakaoBank Corp., a major South Korean Internet-only bank, will review a set of shareholder return policies, including buybacks, its chief executive said Friday, as its share prices have been on a steep decline.   Shares in KakaoBank dropped by 9.38 percent to end at 18,350 won (US$13) Friday, hitting the lowest point since the … Read more

U.S. imposes sanctions on 5 people, firms for violating UNSC sanctions on N. Korea

WASHINGTON– The United States on Friday imposed sanctions on two people and three entities for violating U.N. Security Council (UNSC) sanctions on North Korea.   The Department of Treasury said the two individuals and three entities were involved in illegal ship-to-ship transfers of petroleum with North Korean vessels designed to evade UNSC sanctions.   “Today, … Read more

Kia Tigers reach 1st KBO postseason in 4 years

SEOUL– For the first time since 2018, the Kia Tigers are going to the postseason in South Korean baseball.   The Tigers locked down the fifth and final playoff spot in the Korea Baseball Organization (KBO) on Friday, thanks to their 11-1 victory over the KT Wiz at home, Gwangju-Kia Champions Field in the southern … Read more

David Korins and Robin Eley Bring Iconic Works of Art to the Metaverse with Matterport

The award-winning designer and renowned artist collaborate with Matterport to bring their latest exhibition to thousands of people around the globe SUNNYVALE, Calif., Oct. 06, 2022 (GLOBE NEWSWIRE) — In an industry first, Matterport, Inc. (Nasdaq: MTTR) collaborated with Emmy Award-winning creative director David Korins and hyperrealist artist Robin Eley, to create an immersive 3D experience […]

Pricing of CNH Industrial Capital LLC $400 million notes

London, October 6, 2022 CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) today announced that its wholly owned subsidiary, CNH Industrial Capital LLC, has priced $400 million in aggregate principal amount of 5.450% notes due 2025, with an issue price of 99.349%. The offering is expected to close on October 14, 2022, subject to the […]