SEOUL– South Korea’s major industry, trade and energy public agencies have suffered more than 1,600 hacking attempts so far this year, the industry ministry said Thursday. A total of 1,603 hacking attempts targeting 53 institutions in the industry, trade and energy sector were detected for the first 11 months of this year, according to … Read more
SEOUL– Atlas Air of the United States, one of the world’s largest air cargo carriers, plans to build a large-scale aircraft maintenance facility at Incheon International Airport, west of Seoul, the airport’s operator said Thursday. Incheon International Airport Corp. (IIAC), the operator of the nation’s largest airport, said it signed a formal agreement with … Read more
SEOUL– The Supreme Court on Thursday finalized a not-guilty verdict for President Yoon Suk-yeol’s mother-in-law accused of taking state health insurance benefits after illegally opening a care hospital. The 76-year-old mother of first lady Kim Keon-hee was charged with opening the long-term care hospital for the elderly in February 2013 without a medical license … Read more
SEOUL– South Korean stocks extended losses late Thursday morning after the U.S. Federal Reserve signaled its plans for additional interest rate hikes next year. The benchmark Korea Composite Stock Price Index (KOSPI) had fallen 20.72 points, or 0.86 percent, to 2,378.53 as of 11:20 a.m. Overnight, the Dow Jones Industrial Average lost 0.4 … Read more
SEOUL– South Korea has the highest foreign dependency among its rival countries for the supply of critical minerals for secondary batteries, with China accounting for the majority of the imports, a report said Thursday. South Korea topped Japan, China and Germany with the highest ratio of 77.1 percent in the reliance on a single … Read more
SEOUL– South Korea’s unmanned space vehicle Danuri will perform its first lunar orbit insertion (LOI) maneuver later this week as a way to enter the orbit around the moon as planned, the science ministry said Thursday. The LOI is the adjustment process for a space vehicle to lower its speed and commit itself to … Read more
SEOUL– Sales of companies in South Korea increased at a slower pace in the third quarter, affected in part by a global economic slowdown, central bank data showed Thursday. Combined sales of 3,907 corporations subject to external auditing grew 17.5 percent on-year in the July-September period, slowing from the second quarter’s 20.5 percent rise, … Read more
SEOUL– A total of 12 foreign nationals have been arrested on charges of defrauding female victims in internet romance schemes, police said Thursday. The suspects are accused of a wire fraud of 3.7 billion won (US$2.8 million) in total against 31 victims between November of last year and October, according to the Seoul Metropolitan … Read more