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...
KT to invest 23.6 billion won in fintech firms under Webcash Group
Jun 18, 2021 20:05 pm UTC| Economy Technology
KT Corp. will invest a total of 23.6 billion won in three companies under the fintech-focused Webcash Group to strengthen its foothold in financial services. Of the amount, 14.4 billion won would be invested in Webcash,...
S. Korea finds 378 firms falsifying communications equipment records
Jun 18, 2021 19:12 pm UTC| Economy Business
South Korea revoked conformity assessments on about 1,696 pieces of communications equipment from 378 companies, including those from Samsung Electronics Co. and Chinas Huawei Technologies Co. for falsified test...
Hyundai, Kia surpass Suzuki in vehicle sales in India
Jun 18, 2021 16:30 pm UTC| Economy Business
South Koreas for Hyundai Motor Co. and its affiliate Kia Corp. sold a combined 36,501 units in India in May, accounting for 35 percent share of the countrys auto sales, up from 23 percent in April, to claim market...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
The Mattei Plan: why Giorgia Meloni is looking to Africa
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight