An elderly South Korean survivor of Japan’s wartime forced labor has accepted a disputed government-led compensation package, people familiar with the matter said Wednesday, joining others who have chosen to receive the payout despite a 2018 court rul…
Samsung SDI Co., a major South Korean battery maker, said Wednesday its third-quarter net profit plunged 63 percent from a year earlier due to a slowdown in electric vehicle sales.
Net profit for the three months to September fell to 230.4 billion wo…
Defense Minister Kim Yong-hyun has visited the U.S. Naval Sea Systems Command (NAVSEA), officials said Wednesday, as part of efforts to strengthen defense technology cooperation between the two nations.
During his visit Tuesday (local time), Kim was …
Expanding the role of green energy sources in South Korea’s energy mix will create economic opportunities in both trade and investment, the head of a renewable energy advocacy group said Wednesday.
Helen Clarkson, CEO of the London-based nonprofit Cl…
Hyundai Motor Co. said Wednesday it has signed a 610-gigawatt-hour (GWh) power purchase agreement (PPA) with SK E and S Co. and other partners, the latest in its renewable energy transition efforts.
The automotive giant said its renewable energy supp…