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South Korea's Parliament Passes Kim Min-seok’s as New PM

South Korea's Parliament Passes Kim Min-seok’s as New PM

(MENAFN) South Korea's National Assembly officially approved Kim Min-seok's appointment as prime minister on Thursday, with 173 lawmakers voting in favor, three opposing the motion, and three ballots deemed invalid. Kim, a seasoned four-term...

South Korea’s Imported Car Market Climbs in June

South Korea’s Imported Car Market Climbs in June

(MENAFN) South Korea's imported car market saw a solid increase in sales during June, driven largely by strong demand for German luxury vehicles and U.S.-made electric cars, according to industry data released on Thursday. The number of imported...

Euro area quarterly balance of payments and international investment position: first quarter of 2025

Euro area quarterly balance of payments and international investment position: first quarter of 2025

3 July 2025 Current account surplus at €366 billion (2.4% of euro area GDP) in four quarters to first quarter of 2025, after a €319 billion surplus (2.2% of GDP) a year earlier Geographical counterparts: largest bilateral current account surplus...

Ex-South Korean PM, Industry Minister Interrogated Over Martial Law Bid

Ex-South Korean PM, Industry Minister Interrogated Over Martial Law Bid

(MENAFN) Former South Korean Prime Minister Han Duck-soo, alongside Industry Minister Ahn Duk-geun, appeared before a special prosecutor on Wednesday as part of an ongoing investigation into ex-President Yoon Suk Yeol's failed attempt to declare...

Ex-South Korea’s PM gets questioned over ex-leader martial law attempt

Ex-South Korea’s PM gets questioned over ex-leader martial law attempt

(MENAFN) On Wednesday, South Korea’s former Prime Minister Han Duck-soo and current Industry Minister Ahn Duk-geun were summoned by a special prosecutor investigating ex-President Yoon Suk Yeol’s failed attempt to declare martial law last year,...

S. Korea’s President Pushes for U.S. Trade Deal, North Korea Talks

S. Korea’s President Pushes for U.S. Trade Deal, North Korea Talks

(MENAFN) South Korean President Lee Jae-myung announced Thursday his commitment to negotiating a "mutually beneficial" trade agreement with the United States and pursuing talks with North Korea aimed at establishing "peace and coexistence" on the...

S. Korea’s President Casts Doubt on Meeting U.S. Trade Deal Deadline

S. Korea’s President Casts Doubt on Meeting U.S. Trade Deal Deadline

(MENAFN) South Korean President Lee Jae-myung expressed uncertainty on Thursday about meeting the U.S. deadline of July 8 for finalizing a trade deal, particularly regarding the implementation of "reciprocal tariffs" set by U.S. President Donald...

South Korea’s Top Prosecutor Steps Down

South Korea’s Top Prosecutor Steps Down

(MENAFN) South Korea's Prosecutor General, Shim Woo-jung, has announced his resignation, approximately nine months after taking office in September of the previous year, according to multiple media outlets on Tuesday. Shim submitted his...

South Korean Court Prolongs Detention of Two Military Officials

South Korean Court Prolongs Detention of Two Military Officials

(MENAFN) A military court in South Korea extended the detention of two high-ranking military officials on Monday for their alleged involvement in former President Yoon Suk Yeol's brief attempt to impose martial law, media reported. The court in...

South Korean Military Court Extends Detention of Generals

South Korean Military Court Extends Detention of Generals

(MENAFN) A military tribunal in Seoul on Monday prolonged the confinement of two senior South Korean military officers accused of involvement in former President Yoon Suk Yeol's brief martial law attempt, according to a news agency. The court...

Ettifos Secures USD 11 Million in Series B Funding Round for Global V2X Expansion

Ettifos Secures USD 11 Million in Series B Funding Round for Global V2X Expansion

Ettifos, a leading innovator in V2X technology, has secured USD 11 million in its Series B funding round. SEONGNAM-SI, GYEONGGI-DO, SOUTH KOREA, July 4, 2025 /⁨EINPresswire.com⁩/ -- Ettifos, a leading innovator in V2X technology, has secured USD...

Global Times: Japanese organization fights for justice, demands its government to apologize and compensate ‘comfort women’ survivors

Global Times: Japanese organization fights for justice, demands its government to apologize and compensate ‘comfort women’ survivors

Beijing, China, July 02, 2025 (GLOBE NEWSWIRE) -- On the first Wednesday of every month since 2005, rain or shine, a determined circle forms outside Osaka Station. Holding portraits of silver-haired women and signs reading "Let us build a society...

Utility and Kunwha E&C Partner to Launch Clean Hydrogen Projects in South Korea

Utility and Kunwha E&C Partner to Launch Clean Hydrogen Projects in South Korea

Joint development agreement to deploy H2Gen® technology for carbon-negative hydrogen from biogas, supporting Korea’s Hydrogen Economy Roadmap HOUSTON, TX, UNITED STATES, July 1, 2025 /⁨EINPresswire.com⁩/ -- Utility, the off-gas-to-value company...

South Korea Lending Rates Drop for Sixth Month in May

South Korea Lending Rates Drop for Sixth Month in May

(MENAFN) South Korean bank lending rates declined for the sixth month in a row, driven by successive policy rate reductions, according to data released Monday by the Bank of Korea (BOK). In May, the weighted average interest rate on newly issued...

Military Robotics Market: Latest Trends, Growth Forecast & Top Companies 2025 | DataM Intelligence

Military Robotics Market: Latest Trends, Growth Forecast & Top Companies 2025 | DataM Intelligence

The Global Military Robotics Market is expected to reach at a CAGR of 7.88% during the forecast period 2025-2032. AUSTIN, TX, UNITED STATES, July 1, 2025 /⁨EINPresswire.com⁩/ -- The Global Military Robotics Market was valued at US$ 18.98 billion...

South Korea’s President Appoints Six Ministers, Two Senior Secretaries

South Korea’s President Appoints Six Ministers, Two Senior Secretaries

(MENAFN) South Korean President Lee Jae-myung, who assumed office on June 4, announced the appointment of six new ministers and two senior secretaries, the presidential office confirmed Sunday. Koo Yun-cheol, previously serving as vice finance...

South Korea’s President Calls Malaysian, Indonesian Leaders

South Korea’s President Calls Malaysian, Indonesian Leaders

(MENAFN) South Korean President Lee Jae Myung held individual phone conversations on Monday with Indonesian President Prabowo Subianto and Malaysian Prime Minister Anwar Ibrahim to exchange views on strengthening bilateral ties, as reported by a...

THEON accelerates strategic expansion in the Baltic Region

THEON accelerates strategic expansion in the Baltic Region

PRESS RELEASE Bloomberg (THEON:NA) / Reuters (THEON.AS) 4 July 2025 – Theon International Plc (THEON), a leading global manufacturer of night vision and thermal imaging systems, today announces a significant acceleration of its strategic footprint...

South Korea’s ex leader appeares before prosecutors

South Korea’s ex leader appeares before prosecutors

(MENAFN) South Korea’s ousted leader Yoon Suk Yeol appeared before prosecutors on Saturday to be questioned regarding insurrection charges tied to his controversial martial law declaration in December, as reported by local sources. Yoon arrived at...

South Korea Kicks Off Dismantling of First Nuclear Reactor

South Korea Kicks Off Dismantling of First Nuclear Reactor

(MENAFN) South Korea officially decommissioned its first nuclear reactor on Thursday, marking a significant milestone in the nation’s energy transition. The Nuclear Safety and Security Commission (NSSC) announced the move, confirming that the full...

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