Ten South Korean petrochemical companies have agreed to restructure their operations, including large cuts to their naphtha-cracking capacity, government officials said on Wednesday.

South Korea is urging its struggling petrochemicals sector to slash excess capacity and restructure operations amid a global glut that has depressed petrochemicals margins and threatened the industry in many Asian and European countries.

The value of shipments increased 7.6 per cent from a year earlier in the first 20 days of August. Read more at straitstimes.com. Read more at straitstimes.com.

The popular holiday island has issued visitor guidelines for the first time as it sees an increasing number of tourists.

Tuesday’s accident at state-operated Korail shows that the Lee Jae-myung administration’s pledge to reduce workplace deaths is just for show.

Since talks collapsed between U.S. President Donald Trump and North Korean leader Kim Jong Un in Hanoi, in 2019, North Korea’s reckless drive for long-range nuclear capabilities has fueled tensions on the Korean Peninsula to new heights.

SEOUL (Reuters) -South Korean President Lee Jae Myung said he intended to stick to existing agreements with Japan tied to its colonial rule of the Korean peninsula, including one on the treatment of Korean women forced to work in its military brothels.

South Korea's KASA is just one international space agency that will fly cubesats on the mission; Germany's DLR will also contribute its TACHELES cubesat. While Artemis 2 will send astronauts around the moon, the cubesats will have their own science objectives.