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Home » Archives for June 4, 2024 » Page 4

June 4, 2024

KT, Microsoft to jointly develop AI, cloud technologies

June 4, 2024

SEOUL, KT Corp., a South Korean telecom company, said Tuesday it will join hands with U.S. technology giant Microsoft to develop the local artificial intelligence (AI) and cloud computing industries.

Under the partnership, the two companies will joi…

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Subsidiaries of top 5 conglomerates more than double in 16 yrs: civic group

June 4, 2024

SEOUL, The number of subsidiaries belonging to the country’s top five conglomerates more than doubled in the past 16 years, a civic group said Tuesday.

The Citizens’ Coalition for Economic Justice disclosed the finding in a press conference in Seoul…

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S. Korea signs dozens of cooperation agreements, MOUs with African nations

June 4, 2024

SEOUL, South Korea has signed 12 agreements and 34 memorandums of understanding (MOUs) with African nations on the sidelines of the Korea-Africa Summit aimed at enhancing cooperation with the resource-rich continent in various fields, the presidentia…

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Presidential office orders compensation for damage caused by N.K. trash balloons

June 4, 2024

SEOUL, The presidential office said Tuesday the government will come up with measures to compensate people who suffered property damage from North Korea’s trash-filled balloons.

Presidential chief of staff Chung Jin-suk ordered the presidential secr…

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BOK to pick qualified local banks for inter-foreign currency trading

June 4, 2024

SEOUL, The Bank of Korea (BOK) said Tuesday that it will pick local banks qualified for inter-foreign currency trading with the central bank ahead of extended currency trading hours slated for July.

According to the BOK, it will pick local banks tha…

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