본문 바로가기
반응형

ENGLISH NEWS780

Kim Won-kyu, LS Securities CEO, Indicted for Preferential Art Purchase and PF Loan Aiding Kim Won-kyu, CEO of LS Securities (formerly Ebest Investment & Securities), has been indicted for allegedly providing business favors in exchange for purchasing high-value artwork at a price lower than market value from an executive and aiding in the misappropriation of real estate project financing (PF) loans.On the 7th, the Seoul Central District Prosecutors’ Office Anti-Corruption Investigati.. 2025. 2. 12.
Tesla Stock Falls Amid Global Sales Slump, Struggles in China and Europe Tesla, the American electric vehicle manufacturer, continues to see a decline in its stock price as it struggles with weak performance in the global market.On the 7th (local time), Tesla's stock closed at $361.62 on the New York Stock Exchange, down 3.39% from the previous day. The stock started the session at $370.19 but gradually extended its losses throughout the day.The primary factor behind.. 2025. 2. 11.
Maple Xi Reconstruction Cost Dispute: GS E&C Files ₩257 Billion Lawsuit A dispute over construction costs for the reconstruction of ‘Maple Xi’ (Shinbanpo District 4) in Jamwon-dong, Seocho-gu, Seoul, has escalated into a legal battle. GS E&C has filed a lawsuit against the association, demanding an additional construction fee of approximately 257 billion KRW.According to industry sources on the 10th, GS E&C filed a lawsuit against the Shinbanpo District 4 Reconstruc.. 2025. 2. 11.
Woori Bank’s 2.3 Trillion KRW Illegal Loan Scandal Involving Executives and Relatives Over the past five years, more than 2.3 trillion KRW in illegal loans have been discovered at Woori Bank, as revealed by the Financial Supervisory Service (FSS) investigation.In particular, it was found that the illegal loans involving Sohn Tae-seung, the former chairman of Woori Financial Group, and his relatives amounted to 730 billion KRW.Woori Financial Group and Woori Bank are shown to have.. 2025. 2. 11.
MG Insurance Sale Stalls Amid Union Opposition, KDIC Mulls Legal Action The acquisition of MG Insurance is facing difficulties. Meritz Fire & Marine Insurance, the preferred bidder, attempted due diligence, but repeated failures due to union opposition have increased the likelihood of legal action by the Korea Deposit Insurance Corporation (KDIC).According to the financial sector on the 9th, KDIC is reportedly reviewing an injunction to prevent MG Insurance’s labor .. 2025. 2. 11.
SK Hynix Surpasses Samsung with AI and HBM Strength SK Hynix is achieving record-breaking performance by solidifying its dominant position in the semiconductor industry through expanded demand for artificial intelligence (AI) and technological strength in high-bandwidth memory (HBM).In the fourth quarter of last year, SK Hynix’s operating profit surpassed that of Samsung Electronics’ semiconductor division and even exceeded Samsung’s overall perf.. 2025. 1. 24.
LG Electronics Achieves Record Sales Last Year, Profitability Still a Challenge LG Electronics achieved record-high consolidated sales last year, driven by strong performance in its vehicle components and home appliance businesses.LG Electronics announced on the 23rd that its sales for last year reached KRW 87.7282 trillion, a 6.6% increase from the previous year.This marks a new all-time high, surpassing the KRW 82.5215 trillion recorded in 2022. All business divisions con.. 2025. 1. 24.
LS Electric and Electroshield Samara Form Strategic Power Alliance LS Electric is strengthening its collaboration with Electroshield TM Samara, Russia's leading distribution board manufacturer, as it moves to penetrate the Russian power equipment market.Building on a 20-year partnership, the two companies plan to diversify their product offerings and expand distribution networks to solidify their presence in the Russian market.Last year, LS Electric signed a st.. 2025. 1. 24.
SSangbangwool, Former Chairman Kim Sung-tae Fully Repays Damages, Expresses Moral Responsibility SSangbangwool Co., Ltd. announced on the 21st that former Chairman Kim Sung-tae had fully repaid the damages amounting to 325.95 million KRW recognized in his first trial conviction.According to SSangbangwool, Kim acknowledged his moral responsibility for the incident and plans to submit a petition for leniency to the appellate court.In July 2023, SSangbangwool's stock trading was suspended afte.. 2025. 1. 24.
JAXA Epsilon S Rocket 2nd Stage Engine Explodes During Ground Test, Investigation Launched The second-stage engine of Japan's solid-fuel rocket "Epsilon S," being developed by the Japan Aerospace Exploration Agency (JAXA), exploded during a ground combustion test on November 26.The Epsilon S engine had also exploded during a ground combustion test in July 2023. At that time, JAXA explained that the explosion was caused by the melting of a metal part in the engine's internal ignition d.. 2024. 12. 27.
Blue Origin Successfully Completes 9th Manned Flight, New Shepard Reaches 107km Space Journey Blue Origin conducted its 9th suborbital manned mission on November 22.The New Shepard spacecraft, carrying 6 passengers, lifted off from its dedicated launch site in West Texas, USA.The first-stage booster returned to the ground 2 minutes and 30 seconds after liftoff.The capsule carrying the passengers reached a maximum altitude of 107km and returned to Earth about 10 minutes after launch.This .. 2024. 12. 27.
Rocket Lab Successfully Launches Two Electron Rockets in 24 Hours Rocket Lab launched two Electron rockets on November 24 in a single day.This marks the first time the company has conducted two launches within 24 hours, showcasing the performance and supply reliability of the Electron rocket.The first launch took place at the dedicated launch site (Launch Complex 2) in Virginia, USA. It was a hypersonic suborbital mission, using the "Hypersonic Accelerator Sub.. 2024. 12. 27.
Perigee Aero's Offshore Launch Pad Tilts in Strong Winds, Towing Underway An offshore suborbital rocket launch pad owned by 'Perigee Aerospace' ran aground in strong winds on November 27.According to local reports, the barge-type offshore launch pad, located near Yongsoori, Hangyeong-myeon, Jeju, tilted approximately 40 degrees due to high winds and rough seas.At the time, a marine storm advisory was in effect for Jeju. Although the barge was anchored and unmanned, it.. 2024. 12. 27.
China Successfully Tests Multipurpose Inflatable Space Module in Orbit China announced on November 22 that it had successfully conducted an in-orbit expansion test of a small expandable module.Expandable modules can be used for various missions, such as building space stations or lunar bases. Since the modules are transported in a compact, folded state on rockets, they significantly improve transport efficiency.The expandable module used in this test was attached t.. 2024. 12. 27.
India Pushes Ground Segment Privatization, GSaaS Market to Hit $2.5B by 2033 The Indian government is planning to boost private sector participation in the ground segment industry.Previously, India introduced various policies to expand private involvement in the fields of space launch vehicles and satellites.The initiative for industrializing the ground segment is outlined in a consulting report by the Indian National Space Promotion and Authorisation Centre (IN-SPACe), .. 2024. 12. 27.
US Commerce Dept to Launch TraCSS Website in 2025 The U.S. Department of Commerce is leading the development of the "Traffic Coordination System for Space" (TraCSS), whose official website (TraCSS.gov) is set to launch to the public by late 2025.The user interface design for the website is being handled by Slingshot Aerospace, a U.S.-based startup specializing in space object tracking and analysis.The Office of Space Commerce (OSC), part of the.. 2024. 12. 27.
Kourou Spaceport to Relaunch Sounding Rocket Site in 2025 The sounding rocket launch site at Europe’s Guiana Space Centre in French Guiana, which has been inactive since the 1990s, will resume operations in 2025.As part of efforts to modernize the Guiana Space Centre, European launch companies are expected to carry out various types of launches from the facility in the future.The French space agency CNES, which manages the Guiana Space Centre, announce.. 2024. 12. 27.
Türkiye Plans Spaceport in Somalia to Boost Space Development Pro-government media in Türkiye reported on November 21 that Türkiye plans to build a space launch site and a missile testing facility in Somalia, citing President Erdoğan's remarks.According to the report, President Erdoğan announced these plans during a meeting of the Justice and Development Party (AKP) Central Executive Committee. He stated that the construction of the launch site would mark .. 2024. 12. 27.
Vietnam PM Asks US to Lift Satellite Tech Export Restrictions Vietnamese Prime Minister Pham Minh Chinh has requested the United States to approve the export of satellite communication technology to Vietnam.During an event hosted by the American Chamber of Commerce in Hanoi on November 27, PM Chinh stated, "We hope the United States will lift restrictions on the export of security-related technologies to Vietnam."He further emphasized Vietnam's desire to d.. 2024. 12. 27.
Taiwan Mobile Successfully Tests 'Direct-to-Cell' Satellite Communication Taiwanese telecom company Taiwan Mobile has partnered with U.S. space startup Lynk Global to test the 'Direct-to-Cell' service in Taiwan, local media reported on November 26.Taiwan Mobile is the first telecom operator in Taiwan to successfully conduct a 'Direct-to-Cell' test.In a statement released the same day, Taiwan Mobile explained, “In remote mountainous areas and isolated regions where tra.. 2024. 12. 27.
KPS Satellite Design Failure Delays Launch by 14 Months The development of satellites for the Korean Positioning System (KPS) has encountered significant challenges, leading to reports that the launch schedule for the first KPS satellite will be delayed by over a year.According to a report by Maeil Business Newspaper, a "design failure (FAIL)" verdict was reached during the KPS Preliminary Design Review (PDR) meeting, attended by the Korea Aerospace .. 2024. 12. 27.
China Successfully Launches Two 0.5m Resolution SAR Satellites China has launched two 0.5m resolution SAR satellites into sun-synchronous orbit.The satellites, named ‘SuperView Neo-2 03’ and ‘SuperView Neo-2 04’ (also known as Siwei Gaojing-2 03 and 04), were sent into space aboard a Long March-2C rocket from the Jiuquan Satellite Launch Center on November 24.The Shanghai Academy of Spaceflight Technology (SAST) announced that the satellites were successful.. 2024. 12. 27.
US FCC Grants Conditional Approval for Starlink 'Direct to Cell' Starlink has secured a conditional license to provide the 'Direct to Cell' service to T-Mobile users in the United States. The U.S. Federal Communications Commission (FCC) announced the decision on November 26.The license's core terms involve using 7,500 second-generation Starlink satellites and T-Mobile's cellular frequencies to deliver 'Direct to Cell' services in remote areas of the U.S. Howe.. 2024. 12. 26.
U.S. Defense Procurement Overhaul Looms in Trump Term 2 The Trump administration's emphasis on cost-effectiveness and efficiency is expected to bring significant changes to the U.S. Department of Defense's longstanding procurement system, according to experts.At the recent Baird Defense & Government Conference held in Virginia, executives from space and defense companies highlighted Trump’s close ties with leaders of emerging tech companies, includin.. 2024. 12. 26.
Woori Bank Hit by Fourth Financial Incident This Year A fourth financial incident occurred at Woori Bank this year, raising red flags regarding the trustworthiness of the financial sector. The incident occurred due to an external party submitting false documents, with the scale reaching 2.5 billion KRW.Woori Bank disclosed this incident through a public notice on the 15th.The incident occurred on March 14th, and the expected loss amount has not yet.. 2024. 11. 25.
US House UFO Hearing, Experts Claim UFOs Are Real, Allege Cover-Up Witnesses and experts who attended the UFO hearing held by the subcommittees of the House Oversight Committee on November 13 agreed that UFOs are real.Claims were also made that the U.S. government is systematically covering up related information.Retired U.S. Navy Rear Admiral Tim Gallaudet testified that he first became aware of the existence of UFOs in 2015.At that time, while serving in the .. 2024. 11. 24.
Prosecutors Reapply for Arrest Warrants in Qoo10, Tmon, and Wemakeprice Payment The Anti-Corruption Investigation Division 1 of the Seoul Central District Prosecutors' Office has re-applied for arrest warrants against Koo Young-bae, CEO of Qoo10, Ryu Kwang-jin, CEO of Tmon, and Ryu Hwa-hyun, CEO of Wemakeprice, on charges related to a large-scale unpaid settlement case. They are accused of embezzling approximately 1.595 trillion won in payments related to the sale of goods .. 2024. 11. 17.
NH Bank Faces Stricter Internal Controls as Regulators Take Action The Financial Supervisory Service (FSS) has completed its regular inspection of NH NongHyup Financial Group and NH NongHyup Bank and has initiated sanction procedures. The FSS is reviewing sanctions with a focus on internal control violations related to a series of financial incidents at NH NongHyup Bank, including illegal loans and embezzlement cases. In May this year, the FSS conducted intensi.. 2024. 11. 17.
Youngpoong & MBK Sue Korea Zinc Directors for $700M Loss Youngpoong and MBK Partners have filed a shareholder derivative lawsuit against Korea Zinc's directors, demanding compensation of approximately 700 billion won for damages they allegedly caused to the company through decisions regarding a self-tender offer and a public offering. According to legal circles on the 14th, Youngpoong recently submitted a shareholder derivative lawsuit to the Seoul Ce.. 2024. 11. 17.
Ex-Samsung VP Ahn Seung-ho Released on Bail Over Confidentiality Breach Former Samsung Electronics Vice President Ahn Seung-ho (64), who had been detained on charges of unauthorized leakage of confidential materials and filing a patent lawsuit in the U.S., is set to be released on bail following court approval. The Seoul Central District Court's Criminal Agreement Division 28, presided over by Judge Han Dae-kyun, approved Ahn's bail request on the 13th and imposed c.. 2024. 11. 17.
반응형

티스토리툴바