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A sizeable sum of infrastructure funding China has allocated to Southeast Asia has gone unfulfilled thanks to political instability in recipient countries, poor engagement with local stakeholders and a declining appetite for energy projects powered by fossil fuels, a new study from the Lowy Institute has found.
SEOUL — The United States and South Korea this week launched a new task force aimed at preventing North Korea from procuring illicit oil, as deadlock at the United Nations Security Council casts doubts over the future of international sanctions.
This is CNBC's live blog covering Asia-Pacific markets.
SEOUL — An ostrich that escaped from a zoo in the South Korean town of Seongnam has been captured, local authorities said on Tuesday (March 26), after it spent an hour dodging vehicles in heavy traffic, surprising many drivers.
SEOUL (Reuters) -- South Korea's Hyundai Motor Group said on Wednesday it will invest 68 trillion won ($51 billion) over three years to bolster its growth potential in electric vehicles and new mobility business and separately hire 80,000 new employees.
Along with its deployment of new types and larger numbers of vehicles that can deliver nuclear weapons, the government of North Korea presented its neighbor the Republic of Korea (ROK) with a new worry this year.
A global gold rush is underway for a long-overlooked resource that advocates say could play a significant role in the shift away from fossil fuels.
SEOUL -- Artificial intelligence can be used to aid public safety by listening for a variety of sounds such as car crashes or moans in care homes, and to count the number of people in tight spaces prone to overcrowding, participants at an industry conference in South Korea said.