SK REIT eyes stock market debut in Sept.
SEOUL– The real estate investment trust (REIT) unit of SK Group, South Korea’s No. 3 conglomerate, said Wednesday it will carry out an initial public offering in September. SK REIT…
August 18, 2021
S. Korea to foster 1,800 5G service firms by 2026
SEOUL– South Korea aims to create around 1,800 companies that specialize in new 5G services in the next five years, the ICT ministry said Wednesday, to boost adoption of promising…
Steelmakers in talks with shipbuilders over price hike
SEOUL– South Korean steelmakers appear to be in the final stage of negotiations with shipbuilders over prices of thick steel plates, people familiar with the matter said Wednesday. POSCO, the…
Biden has no intention to reduce troop levels in S. Korea or Europe: U.S. official
WASHINGTON/SEOUL– U.S. President Joe Biden has no intention to reduce the presence of American troops in South Korea or Europe, his top security advisor has said, as the U.S.’ pullout…
KT teams up with KAIST to develop hyperscale AI model
SEOUL– KT Corp., a major South Korean telecom operator, said Wednesday it has joined hands with the country’s top science university KAIST to develop a hyperscale artificial intelligence (AI) language…
Homegrown batters dominate KBO leaderboards as foreign players struggle
SEOUL– This has been an unusual season in South Korean baseball in more ways than one, and the absence of former major leaguers from overseas at the top of batting…