Bithumb targets 2028 IPO with governance overhaul

Korean cryptocurrency exchange Bithumb on Monday unveiled a detailed roadmap for its planned initial public offering by 2028, underlining that the listing process would be used to strengthen corporate governance…

Highest-level heat wave warning issued for Greater Seoul area

Seoul and parts of Gyeonggi Province came under the capital region’s first Heat Wave Emergency Warning on Monday, as record-breaking heat in southeastern South Korea spread westward. The Korea Meteorological…

Can 'waiting' become performance? Here, you wait 3 hours for eclipse

Director asks whether we can wait without expecting anything in modern world, where waiting is no longer necessary Can waiting itself become something worth watching? The question lies at the…

Univ. of Seoul-backed program produces Cambodia's first urban planning graduates

Cambodia’s first university department dedicated to urban planning, established with support from the University of Seoul, has produced its inaugural class of 31 graduates. The Department of Sustainable Urban Planning…

South Korea's military counterintelligence command reform takes shape, concerns remain

South Korea on Monday formally launched a new military counterintelligence system built around three separate organizations, completing the breakup of an agency that has faced numerous accusations of wrongdoing. Defense…

Korean women gain a bigger say in contraception: study

Women in South Korea are using contraception more consistently, while a growing share say they have the primary say in deciding whether to use it, according to a study released…

AI demand lifts MLCC profits — and Chinese rivals

Korean and Japanese leaders raise prices and pivot to premium products, opening lower-end market to Chinese suppliers The AI boom is turning multilayer ceramic capacitors into a major profit engine,…

Presidential veto of Criminal Procedure Act appears unlikely despite opposition pressure

The main opposition People Power Party on Monday upped calls for President Lee Jae Myung to veto a proposed revision to the Criminal Procedure Act, which is expected to be…

Hyundai, Kia set US July sales record as hybrids surge

Hyundai Motor Group posted record US sales in July as surging demand for hybrids offset a steep decline in electric-vehicle sales. Hyundai Motor and Kia sold a combined 165,284 vehicles…

Hanwha launches new holding firm under Kim Dong-seon

Hanwha M&S brings 57 technology and lifestyle affiliates under one roof, ahead of Aug. 25 Kospi debut Hanwha Group launched Hanwha Machinery & Services Holdings on Monday, placing 57 technology…