HYUNDAI MOTOR TO BUILD FIRST OVERSEAS HYDROGEN FUEL-CELL SYSTEM PLANT IN CHINA
Highlights – Hyundai Motor to build first overseas hydrogen fuel-cell system plant in China. Hyundai will produce 6,500 fuel-cell systems…
S. KOREAN PRESIDENT URGES JAPAN TO WORK TOWARDS BILATERAL RELATIONS
Highlights – S. Korean President urges Japan to work towards bilateral relations. Moon Jae In met with outgoing Japanese ambassador…
SOFTBANK GROUP SOLD $2 BILLION SHARES OF UBER TECHNOLOGIES LAST WEEK
Highlights – SoftBank Group sold $2 billion shares of Uber Technologies last week. SoftBank Group had invested in Uber since…
S. KOREA’S ICT MINISTRY TO INVEST $114.1 MILLION TO DEVELOP NEURAL PROCESSORS
Highlights – S. Korea’s ICT Ministry to invest $114.1 million to develop neural processors. Neural processing units are referred to…
KOREA SHIPBUILDING & OFFSHORE ENGINEERING CO. WINS US$263 MILLION ORDER
Highlights – Korea Shipbuilding & Offshore Engineering Co. wins US$263 million order. Korea Shipbuilding has won orders from companies in…
S. KOREA REPORTS SLOW RECOVERY IN SERVICE SECTOR DUE TO NEW COVID-19 CASES
Highlights – S. Korea reports slow recovery in service sector due to new COVID-19 cases. S. Korea’s manufacturing sector rather…
HYUNDAI MOTOR SHARES SOAR HIGH OVER POTENTIAL PARTNERSHIP WITH APPLE INC.
Highlights – Hyundai Motor shares soar high over a potential partnership with Apple Inc. Hyundai Motor shares jumped by 14…
BOK REPORTS EXCESS FUNDS BY HOUSEHOLDS AND NON-PROFIT AGENCIES ROSE IN Q3
Highlights – BOK reports excess funds by households and non-profit agencies rose in Q3. The net financial funds held by…
SOUTH KOREA SPENT US$11.7 BILLION IN 2021 AS PART OF ITS DIGITAL NEW DEAL PROGRAM
Highlights – South Korea spent US$11.7 BILLION IN 2021 as part of its digital new deal program. The government plans…
BOK REPORTS S. KOREA SPENDING AN ALL-TIME HIGH IN LIQUOR AND CIGARETTES
Highlights – BOK reports S. Korea spending an all-time high in liquor and cigarettes. In the third quarter local households…