KB News DeskTOPIK test fee reimbursement offered to foreign residents
The Korea Financial Industry Foundation is offering financial support to foreign residents and young people from immigrant backgrounds who are looking to improve their Korean-language skills. Those who take the…
North Korea resumes long-delayed naval base construction amid fleet modernization
North Korea appears to have resumed construction of a long-delayed naval base on its east coast, as Pyongyang accelerates efforts to modernize its fleet with new destroyers and a nuclear-powered…
Smoking, drinking to be banned at Cheonggyecheon
Smoking or drinking along Cheonggyecheon, a popular stream in downtown Seoul, could result in fines of up to 100,000 won ($70), starting this year. The Seoul Metropolitan Government announced Wednesday…
Mirae Asset profit eclipses 3 of Korea’s big 4 banking groups
Record W1.91tr quarterly earnings trail only KB Financial as investment gains and overseas operations surge Mirae Asset Securities’ quarterly profit eclipsed three of South Korea’s four largest banking groups, trailing…
Should Korea loosen its 52-hour workweek for chipmakers?
Government officials are weighing greater flexibility for chipmakers even as Samsung Electronics and SK hynix make limited use of existing exemptions A debate over whether South Korea should loosen its…
Korean regulators risk undermining US-Korea trade, tech alliance, expert says
A US trade and technology expert has criticized South Korean regulators for applying rules unevenly in ways that disadvantage US companies, warning that Seoul’s approach to digital regulation could undermine…
AI rewrites the rules of memory chip sales
Samsung, SK hynix and Micron lock customers into multiyear deals that could soften — but not end — boom-and-bust cycle The artificial intelligence boom is changing not only how much…
Lee vows full backing for seven future industries to drive next wave of growth
President Lee Jae Myung on Wednesday pledged full government support for seven advanced technologies, describing them as the country’s next “mega projects” that will power future economic growth. Speaking at…
SK hynix effectively becomes Kioxia’s top shareholder
Voting rights remain limited, but change in shareholder structure could widen SK hynix’s options in NAND market SK hynix has effectively secured the position of the largest shareholder in Japanese…
Welfare ministry logs nearly 700,000 heat-related home health checks in a month
The Ministry of Health and Welfare carried out a total of 696,566 heat-response health management cases through its home-visit health care program over about a month of severe heat, it…
