Browsing: Korea

SEOUL, Sept 7 (Reuters) – South Korea and the United States have agreed on the size of Seoul’s planned ‌investment in a gas project in Texas at ‌around $22.3 billion, Korean media outlet Edaily reported on Monday, citing unidentified officials ​and politicians.

Add to Google Preferred Sources South Korea’s Financial Services Commission, together with the Financial Supervisory Service and Financial Security Institute, has finalized a second round of emergency easing measures for network separation regulations. The application threshold for financial companies has been lowered from total assets of ₩10 trillion (approximately $7.4 billion) and 1,000 full-time employees…

The South Korean government is firming up plans for a state-backed venture investment arm modeled on In-Q-Tel, the U.S. Central Intelligence Agency’s investment vehicle, according to the Ministry of SMEs and Startups. The institution is expected to launch by the end of the first half of next year at the earliest, or during the second…

The South Korean government will select 100 small and venture companies each year as “new security innovation firms” and provide intensive support, targeting businesses with advanced technologies in artificial intelligence, drones, robotics and space. Next year it will launch an investment company modeled on In-Q-Tel, the venture capital arm established by the U.S. Central Intelligence…

South Korea’s deep-tech venture cycle has entered its payout phase. On Thursday, SBI Investment Korea — one of the country’s oldest and most active venture capital firms — announced its portfolio companies are now at various stages of the KOSDAQ listing process, spanning autonomous driving, AI data infrastructure, and semiconductor precision manufacturing. The announcement arrives…

Woori Financial Group won the honor at the 9th Korea Accounting Awards hosted by Maekyung Media. Woori Finance won the grand prize after being evaluated as having made efforts to improve audit quality by upgrading the group’s internal accounting management system that encompasses domestic and foreign corporations and increasing audit time and resource input even…

A U.S. class-action lawsuit over Coupang’s massive data breach began with a fundamental question: Should the case be heard in the United States or in Korea?

[Sportschosun Reporter Jo Ji-young] Actress Seo Eun-soo said, “I ate to my heart’s content and gained weight to portray a robust prosecutor.”

The AI for All program is intended to provide citizens with free access to the premium features of local chatbots. Seoul seeks to reduce its dependence on the United States and China.

[Sportschosun, Reporter Park Ah-ram] Woo Seo-yoon, the eldest daughter of former national basketball player Woo Ji-won, is drawing intense attention after being crowned the top title, Miss Korea Jin, at the 70th Miss Korea pageant.