Photo=South Korean President Goverment South Korean President Lee Jae-myung met with BlackRock CEO Larry Fink on Monday, marking his first engagement in the U.S. during a visit for the United Nations General Assembly. The two leaders discussed strategic cooperation to position South Korea as the “AI capital” of the Asia-Pacific region. According to Ha Jung-woo, South Korea’s presidential office AI

Ukraine is turning to South Korea as a key partner in its massive postwar reconstruction push — and it wants Korean bullet trains on the tracks. Oleksiy Kuleba, Ukraine’s deputy minister for reconstruction, visited Seoul last week to pitch South Korean manufacturers on supplying around 20 high-speed train sets. He met with executives from Woojin Industrial and Dawonsys, companies that

(Photo=Incheon International Airport) South Korea’s Incheon International Airport, the country’s primary gateway and one of the busiest hubs in Asia, plans to raise passenger service charges for the first time in 23 years, ending a freeze that has kept the fee at $12 since 2002. Airport officials said the increase is needed as costs rise and duty-free rental income remains

(Photo=Samsung) Samsung Electronics, South Korea’s largest technology company, has joined Verizon’s 6G Innovation Forum, positioning itself alongside leading global technology companies to shape the future of sixth-generation wireless networks. The forum, led by U.S. carrier Verizon, brings together major players in the telecom and IT sectors, including Meta, Ericsson, Nokia, and Qualcomm. The group’s efforts will focus on developing the

Photo=Motionelements South Korea’s banking sector is pulling back sharply on cash machines, raising concerns about financial access for seniors and low-income households. According to government data released Sunday, the number of ATMs nationwide dropped from about 33,700 in 2020 to 26,000 as of July, a decline of 22.9% over four and a half years. The steepest reductions came in Ulsan