Marinakis stacks LNG carrier orderbook in South Korea

Greek shipowner Evangelos Marinakis, through his Capital Group, has placed a fresh order for four LNG carriers with South Korea’s HD Hyundai Samho Heavy Industries. The deal, worth around $1.03bn, involves 174,000 cu m newbuilds, priced at $257m each, with …

South Korea’s Minimum Wage Set to Surpass 10,110 Won Per Hour Next Year

South Korea’s minimum wage is expected to exceed 10,110 won (approximately $7.44) per hour next year, marking an increase of 80 won from this year’s level. According to the Minimum Wage Commission on July 1, labor and management presented their fourth …

Donald Trump’s new tariff threat to Japan sounds alarm bells in South Korea

Veteran ROK negotiators return to negotiate Washington’s trade measures, but past playbooks may no longer apply U.S. President Donald Trump’s threat to impose tariffs of up to 35% on Japanese imports, just days before the expiration of his administration’s …

Johnny Somali could face maximum sentence after victim files petition for severe punishment in South Korea

(Image via @scubaryan_/X & @johnnysosmally/X) A major legal twist has emerged in the case of controversial streamer Johnny Somali (real name: Ramsey Khalid Ismael) in South Korea. A formal petition demanding severe punishment has reportedly …

South Korea’s KF-21 Stealth Fighter Phasing Out American Engines: Can Partnership with Rolls Royce Help?

<p >The United Kingdom is currently pursuing a lobbying effort in South Korea seeking to partner with local industry in the development of a new fighter engine for the KF-21 fifth generation fighter. This partnership will leverage the …

Global Educators Travel to South Korea to Deepen Understanding of Its History and Transformation

At the launching ceremony of the 2025 Korea History Research Fellowship, Chairman Han Jong-woo of WHDEF delivers a welcoming address. (Image courtesy of Yonhap) SEOUL, July 2 (Korea Bizwire) — A group of 29 secondary school teachers from the United States, …

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, according …

PH fans get chance to meet K-pop group ENHYPEN in South Korea

North Korea to send up to 30,000 more troops to aid Russia's war against Ukraine, CNN reports

North Korea is preparing to set an additional 25,000-30,000 soldiers to join Russian forces fighting against Ukraine, almost thrice as many as were dispatched last year, CNN reported on July 2, citing undisclosed Ukrainian officials. The fresh units may …

North Korea preparing to triple number of troops fighting for Russia, Ukrainian intelligence says — CNN

North Korea plans to triple the number of troops it has fighting alongside Russia against Ukraine, CNN reported Wednesday. Ukrainian intelligence estimates cited by the network suggest Pyongyang will send between 25,000 and 30,000 soldiers to join the war …