Kakao T, two other taxi-hailing brands register as transportation operators
Jun 19, 2021 19:52 pm UTC| Economy Business
South Koreas government has officially approved three major taxi-hailing service brands as platform operators, namely are Kakao T of Kakao Mobility, Banban Taxi of Kornatus, and i.M. Taxi of Jin Mobility to diversify means...
Singapore replacing Hong Kong as financial hub for S.Korean banks
Jun 19, 2021 15:26 pm UTC| Economy Business
Major South Korean banks are rushing to establish their presence in Singapore, which is replacing Hong Kong as Asias financial hub. Hana Financial Group Inc. and KB Kookmin Bank recently obtained preliminary approval to...
Hyundai NEXO, Toyota Mirai left to compete in fuel cell car market after Honda's exit
Jun 19, 2021 15:16 pm UTC| Economy Business
Japans Honda Motor Co. will stop producing the Clarity fuel-cell car in August this year as part of a broader push to trim underperforming models, thereby exiting the hydrogen fuel cell vehicle market. Hondas exit...
Sumitomo shareholders, board insist on financing fossil fuel projects
Jun 19, 2021 15:08 pm UTC| Economy Business
Sumitomo Corp shareholders defeated a resolution requiring the firm to align its business with international climate change targets at their annual general meeting. The Japanese trading houses board is against the...
S. Korea's nuclear research institute hacked by N. Korean agency: lawmaker
Jun 19, 2021 14:56 pm UTC| Economy Science
South Koreas Ministry of Science and ICT official is investigating a potential hack into a state-run Korea Atomic Energy Research Institute by a group suspected to be associated with a North Korean intelligence...
S. Korea to encourage private sector participation in miniature satellite project
Jun 19, 2021 14:29 pm UTC| Economy Science
South Korea will develop over 100 miniature satellites over the next decade to establish a national security monitoring system and testing next-generation network communications. The Ministry of Science and ICT expects...
S. Korea's GS Caltex buys carbon-neutral crude oil
Jun 18, 2021 20:37 pm UTC| Economy Business
South Koreas major oil company GS Caltex bought 2 million barrels of carbon-neutral crude oil from Swedens Lundin Energy to become the countrys first business group to purchase such petroleum products. GS Caltex is a...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects