LS Electric Chairman Koo Ja-kyun and company officials pose for a photo at a factory in Utah, the United States, in this undated photo. Courtesy of LS Electric LS Electric said Tuesday it has signed a 185.3 billion-won ($138.7 million) contract with global power solutions provider Bloom Energy to supply switchgear and distribution transformers. With…
Iraq, Bahrain, Kuwait and Qatar face double-digit declines in GDP amid the fallout from the US-Israel war on Iran. Published On 13 Oct 202613 Oct 2026 The economy of the Middle East and Central Asia is set to shrink in 2026 amid the fallout of the US-Israel war on Iran, with countries such as Kuwait…
The results of an ongoing drought in Cheongdo County, North Gyeongsang Province can be seen in this photo taken Oct. 5. Yonhap Drought conditions have been reported in 97 regions across the country, with the situation particularly severe in Yeongcheon, North Gyeongsang Province, the interior ministry said Tuesday. Water storage levels in agricultural reservoirs nationwide…
US President Donald Trump presents the National Medal of Science to Tesla and SpaceX CEO Elon Musk during the “A New Golden Age” summit at the U.S. Institute of Peace, renamed The Donald J. Trump Institute of Peace by the Trump administration, Washington, DC, US, Oct. 8. Reuters-Yonhap WASHINGTON — Tech billionaire Elon Musk, the…
Foreign Affairs Minister Samuel Okudzeto Ablakwa has assured Ghanaians that the government remains ready to evacuate nationals from South Africa if their lives are threatened by further attacks. He said the completion of the recent evacuation exercise did not mean Ghana had closed the door on bringing home citizens who may need assistance. Mr Ablakwa…
Shinhan Financial Group headquarters in central Seoul / Courtesy of Shinhan Financial Group Shinhan Financial Group Inc., a major banking group, has decided to take over a midsize non-life insurer for 693 billion won ($518 million) to diversify its business portfolio, industry sources said Tuesday. Shinhan Financial’s board of directors approved the acquisition of a…
One person has died and several others were injured in an incident at Six Flags ‘Over Georgia’ theme park near Atlanta. Witnesses reported seeing a man fall from the Goliath rollercoaster, but authorities have not confirmed how the person died. Published On 13 Oct 202613 Oct 2026 Share Man dies after fall from Six Flags…
President Lee Jae Myung, center, participates in a defense strategy meeting in Changwon, South Gyeongsang Province, May 26. Yonhap The arms procurement agency said Tuesday it will speed up the development of nuclear-powered submarines and acquisition of artificial intelligence (AI)-based combat assets, including unmanned and counter-drone systems. The Defense Acquisition Program Administration (DAPA) unveiled the…
Bank of Korea Gov. Shin Hyun-song speaks during a parliamentary audit held at the Bank of Korea in Seoul, Monday. Yonhap Sales of bonds and certificates of deposits (CDs) in Korea rose more than 11 percent in the third quarter of this year from a year earlier, data showed Tuesday. The value of debt instruments…
North Korean leader Kim Jong-un, center right, alongside his wife and daughter, inspect a newly built defense museum in this photo released by the Korean Central News Agency, Tuesday. Yonhap North Korea has opened a new defense museum featuring a wide range of weaponry, including its new intercontinental ballistic missiles (ICBMs), with leader Kim Jong-un…
