Activist group’s claims of financial ties with military-backed companies puts S. Korean banks’ ESG drive, overseas expansion in dilemma

The latest missile launches by North Korea are part of the regime’s accelerating cycle of provocations against the US as it seeks sanctions relief, experts said. The North fired what appeared to be ballistic missiles into the East Sea on Thursday morning, a violation of the UN Security Council resolutions. It was the North’s second missile test since US President Joe Biden took office in January. On Sunday it fired two short-range cruise missiles into the West Sea. “We belie

South Korea will nurture the local industry for next-generation power chips as a new strategic investment for future chip leadership, the government said Thursday. At the seventh meeting on innovative growth, the Ministry of Trade, Industry and Energy unveiled a blueprint that contains measures to establish an ecosystem for next-generation power chips ranging from key technologies to product development and mass production. Built to handle high voltages and large currents without damage, p