Author: Seoul Reporter

[ad_1] Hanwha Group signed memorandums of understanding (MOUs) for strategic funding and cooperation with 5 Canadian corporations within the metal, AI, and house sectors on Jan. 26 (Canada native time) to safe orders for Canada’s next-generation submarine venture. From left, Philip Jennings, Canadian deputy minister of innovation, science and financial growth, Son Jae-il, CEO of Hanwha Methods, Ivan Zhang, co-founder of Cohere, Kim Hee-chul, CEO of Hanwha Ocean, Kim Jung-kwan, Korean minister of commerce, trade and Sources, and Victor Fedeli, minister of financial growth of Ontario. (Photograph courtesy of Hanwha Group) Hanwha Group, which is waging an all-out battle…

[ad_1] Mexican President Claudia Sheinbaum speaks throughout a press convention on the Nationwide Palace in Mexico Metropolis, Mexico, on Jan. 19. EPA-YonhapMEXICO CITY — Large demand to see Okay-pop boy band BTS, among the many world’s hottest artists, has led Mexican President Claudia Sheinbaum to formally request of her counterpart, South Korean President Lee Jae Myung, that he assist organize extra concert events in Mexico.”Everybody needs to go,” Sheinbaum mentioned at her day by day morning press convention on Monday, including that she had despatched a diplomatic letter to South Korea’s Lee searching for extra concert events.”Round 1 million younger…

[ad_1] Citibank Korea CEO Yoo Myung-soon, fourth from left, poses with officers of Korea Commerce Insurance coverage Company and iMarketKorea throughout a enterprise cooperation signing ceremony on the financial institution’s headquarters, Friday. Courtesy of Citibank Korea Citi Korea has partnered with the Korea Commerce Insurance coverage Company to assist iMarketKorea’s industrial advanced improvement undertaking in america, aimed toward serving to Korean corporations set up native manufacturing bases and broaden their world operations, the lender stated Tuesday.Below the deal, Citi Korea acted as the only real coordinator for a $60 million syndicated mortgage, backed by Okay-SURE’s abroad undertaking finance insurance coverage…

[ad_1] Samsung Epis Holdings constructing in Songdo, Incheon (Samsung Epis Holdings) Samsung Bioepis introduced on Jan. 26 that it achieved record-high efficiency when it comes to gross sales final yr, pushed by expanded biosimilar gross sales within the world market. In accordance with Samsung Epis Holdings’ earnings announcement, Samsung Bioepis recorded consolidated gross sales of 1.672 trillion gained and working revenue of 375.9 billion gained final yr. Gross sales elevated 9% in comparison with the earlier yr, setting a brand new annual document. Working revenue decreased 14% as a result of influence of diminished one-time milestone…

[ad_1] Trade Minister Kim Jung-kwan, proper, the presidential chief of employees who additionally serves as a particular envoy for strategic cooperation Kang Hoon-sik, middle, and Minister of Protection Acquisition Program Administration Lee Yong-cheol, communicate forward of their departure for Canada at Incheon Worldwide Airport, Monday. Yonhap Korea has held a joint industrial cooperation discussion board with Canada, Seoul’s business ministry stated Tuesday, a transfer apparently geared toward supporting the nation’s bid to win Canada’s main submarine venture.The Ministry of Commerce, Trade and Sources held the Korea-Canada industrial cooperation discussion board in Toronto on Monday (native time), selling bilateral collaboration in…

[ad_1] On this mixture of recordsdata, Brazil’s President Luiz Inacio Lula da Silva, left, delivers a speech in the course of the launch of a house renovation program for low-income households at Planalto Palace in Brasilia on Oct. 20, 2025, and U.S. President Donald Trump reacts as he attends the Gaza Peace Summit in Sharm El-Sheikh, in Egypt, on Oct. 13, 2025. AFP-YonhapBRASILIA — Brazilian President Luiz Inacio Lula da Silva held a cellphone name along with his U.S. counterpart Donald Trump on Monday and agreed to go to Washington quickly, the Brazilian authorities mentioned in an announcement.The 2 leaders…

[ad_1] Galaxy Z Flip 7 Olympics Version / Courtesy of Samsung ElectronicsSamsung Electronics showcased its Galaxy Z Flip 7 Olympic Version on Tuesday, introducing options geared toward enhancing athletes’ expertise through the upcoming Winter Olympics in Italy.The machine can be supplied to round 3,800 athletes from 90 nations collaborating within the Milan-Cortina Winter Olympics and Paralympics, which is able to kick off Feb. 6, the Korean tech big mentioned.The brand new version of the Galaxy Z Flip comes with a design reflecting “cultural resonance of Italian azure” and “the spirit of unity and sportsmanship embodied by the Olympic Video games,”…

[ad_1] TelePIX CI (Picture courtesy of TelePIX) Area synthetic intelligence (AI) resolution firm TelePIX introduced on Jan. 26 that it has handed the technical analysis for technology-based particular itemizing and is launching full-scale preparations for an preliminary public providing (IPO) concentrating on a KOSDAQ itemizing within the second half of the 12 months. This technical analysis represents the primary time amongst home house firms to go analysis standards categorised below the AI-Large Information sector, and Telepix assessed this as official recognition not solely as a satellite tv for pc {hardware} producer however as an AI…

[ad_1] President Lee Jae Myung (proper) and U.S. President Donald Trump shake arms earlier than beginning their summit assembly in Gyeongju, North Gyeongsang Province, on Oct. 29. (Captured from the White Home web site) U.S. President Donald Trump claimed that the Korean Nationwide Meeting has not proceeded with the authorized procedures essential to implement commerce agreements between Korea and the U.S., and introduced he would increase tariffs on Korean merchandise again to pre-trade settlement ranges. Trump said in a publish on social networking service (SNS) Reality Social on Jan.26 (native time), “South Korea’s Legislature just…

[ad_1] The promotional poster for the Korea Home to be arrange in Milan through the 2026 Winter Olympic Video games in northern Italy, Tuesday. Courtesy of Korean Sport & Olympic Committee The sports activities ministry and the nationwide Olympic committee introduced Tuesday they’ll collectively function a hospitality home in northern Italy through the upcoming Winter Video games.The Korea Home will likely be arrange by the ministry and the Korean Sport & Olympic Committee (KSOC) inside Villa Necchi Campiglio, a historic home museum in Milan owned by the nonprofit Fondo Ambiente Italiano (FAI), or the Nationwide Belief of Italy. Sports activities…