DSME completes test of CO2 capture unit

SEOUL– South Korean shipyard Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Thursday it has finished testing an onboard carbon dioxide (CO2) capture and storage (OCCS) unit. The new system…

Excess funds shrink in Q2 amid rate hikes

SEOUL– South Korea’s excess funds decreased in the second quarter from a year earlier amid fast-rising interest rates, the central bank’s preliminary data showed Thursday. The country’s total excess funds…