Hanwha Ocean wins $499.6 mil. order to build 2 LNG carriers

The Korea Times - Sep 28, 2026

Hanwha Ocean said Monday it has won a 680 billion-won ($499.6 million) order to build two liquefied natural gas (LNG) carriers. The Korean shipbuilder said in a regulatory filing that it will deliver the vessels to an unidentified African shipowner by November 2029. With the latest contract, Hanwha Ocean has secured orders worth a combined $7.71 billion for 41 vessels so far this year, including 18 very large crude carriers, eight LNG carriers and six container ships.

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Red ginseng gains attention for immune health amid flu surge

Sep 29, 2026

Red ginseng gains attention for immune health amid flu surge

With the flu spreading earlier than usual this year, market interest is growing in products that may help support immune health, including red ginseng. According to the Korea Disease Control and Prevention Agency, the number of patients with influenza-like illnesses reached 25.3 per 1,000 outpatients during the first week of September. This is nearly double the epidemic threshold of 12.9 and up sharply from 13.3 in late August. COVID-19 is also spreading alongside the flu. During the same period, 193 patients were hospitalized with COVID-19, more than triple the number four weeks earlier. Last year, the government issued a flu advisory on Oct. 17, but this year it issued the advisory on Sept. 11 and began its vaccination program on Sept. 21. Against this backdrop, consumers are showing growing interest not only in vaccination but also in products that support immune health as part of broader preventive care, with red ginseng among those drawing increased attention. Red ginseng has been officially recognized by the Ministry of Food and Drug Safety for seven potential health benefits, inclu

Samsung, SK go all out to celebrate Jensen Huang's Van Fleet Award

Sep 29, 2026

Samsung, SK go all out to celebrate Jensen Huang's Van Fleet Award

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Naver looks to Mexico as export market for AI infrastructure

Sep 29, 2026

Naver looks to Mexico as export market for AI infrastructure

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Global proxy advisers scrutinize KB Financial's surprise leadership change

Sep 29, 2026

Global proxy advisers scrutinize KB Financial's surprise leadership change

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SK hynix to provide up to 50% of R&D costs upfront for partner firms

Sep 29, 2026

SK hynix to provide up to 50% of R&D costs upfront for partner firms

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‘Too much heat’: How residents beat a $1.2b data centre

Sep 29, 2026

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AMD acquires ‘godmother of AI’ Li Fei-Fei’s start-up as battle with Nvidia intensifies

Sep 29, 2026

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‘We are sorry’: OpenAI apologises for Medicare hack

Sep 29, 2026

‘We are sorry’: OpenAI apologises for Medicare hack

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Alibaba deepens sports tech push with new Brooklyn Nets partnership

Sep 29, 2026

Alibaba deepens sports tech push with new Brooklyn Nets partnership

Alibaba Group Holding has become an official technology and cloud partner of NBA team Brooklyn Nets, as the tech giant pushes for a deeper presence in the sports industry. The collaboration was announced on Monday under a multi-year strategic partnership between Alibaba and Brooklyn Sports & Entertainment, the parent company of the basketball team. It would also see Alibaba become Brooklyn Nets’ official jersey patch sponsor ahead of the basketball team’s 60th anniversary season, according to a...

Samsung Group to invest $1 bil. in AI infrastructure company Helix

Sep 29, 2026

Samsung Group to invest $1 bil. in AI infrastructure company Helix

Korean conglomerate Samsung Group said Tuesday it will invest a combined $1 billion in Helix Digital Infrastructure, a U.S. artificial intelligence (AI) infrastructure company backed by private equity firm KKR & Co. Six affiliates — Samsung Electronics, Samsung C&T, Samsung SDS, Samsung SDI, Samsung Life Insurance and Samsung Fire & Marine Insurance — will participate in the investment, Samsung said in a statement. Samsung Electronics will invest $500 million, while the other five affiliates will invest a combined $500 million. Helix was launched in June by KKR, the Kuwait Investment Authority, Nvidia and U.S. power producer Vistra Corp., with more than $10 billion in committed long-term capital. The company is led by Adam Selipsky, the former chief executive of Amazon Web Services. Nvidia is a strategic partner, while Vistra is Helix's preferred power partner. The Samsung affiliates will join KKR, Nvidia, Vistra and the Kuwait Investment Authority as founding investors in Helix through the investment, Samsung said. As the AI industry expands rapidly, the importance of infrastructure n

Korean Air faces maintenance capacity crunch from Asiana acquisition

Sep 28, 2026

Korean Air faces maintenance capacity crunch from Asiana acquisition

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Korea's AI adoption rate over 40%, ranks 12th place globally: report

Sep 28, 2026

Korea's AI adoption rate over 40%, ranks 12th place globally: report

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