South Korea’s agricultural ministry said Wednesday the country will extend the value-added tax exemption on coffee and cacao beans through 2025 to alleviate consumers’ burden amid inflation.
The country has been exempting a 10-percent value-added ta…
SK hynix Inc., the world’s second-largest maker of memory chips, said Wednesday it will showcase its ultra-high-performance memory technology, the key to future artificial intelligence (AI) infrastructure, at the upcoming CES 2024.
Under the banner …
The head of Hyundai Motor Group, South Korea’s top carmaker, said Wednesday it will step up innovations in vehicle electrification and robotics this year, as the auto conglomerate seeks to promote sales of electric vehicles (EVs).
Euisun Chung, Hyun…
The antitrust regulator said Wednesday it has decided to fine Nexon Korea Corp. 11.6 billion won (US$8.85 million) for alleged deceptive business activity against game users regarding in-game items.
The game giant was accused of changing the probabi…
The year 2023 was the warmest year of all time for South Korea as global warming heated up the Korean Peninsula to reach the average temperature of 13.7 C last year, the state weather agency said Wednesday.
It marks the highest annual mean temperatu…
Student enrollment in elementary schools nationwide is expected to drop below 400,000 for the first time this year due to the nation’s rock-bottom birth rate, officials forecast Wednesday, citing data from the education and interior ministries.
Acco…
Abuja: At a bustling food market in Nigeria’s capital, Mummy Christiana breaks down in tears as she describes how a conflict thousands of kilometers away leaves her family struggling to