Global Forging Lubricants Market Revenue Status and Outlook (2013-2025)

More than 40,000 cans of fruit cocktail are impacted.

SINGAPORE, LONDON, SEOUL — Korea reached its goal of attracting 300,000 international students ahead of schedule. Now comes the harder part. As the government shifts its focus from quantity to quality, universities face a tougher test of whether they can turn rising enrollment into quality education, meaningful career opportunities and long-term talent retention. Under its Study Korea 300K initiative launched in 2023, the government set a target of attracting 300,000 international students by 2027. It reached that milestone early, with enrollment climbing to 307,464 this year, according to the Ministry of Education. Yet the gap between recruitment and retention remains wide, raising questions about whether universities are equipped to deliver on the government's new priorities. Despite a surge in international enrollment, Korea continues to struggle to retain foreign graduates. Of the 36,271 international students who graduated from Korean universities between August 2023 and February 2024, 42.9 percent left Korea, while fewer than 5,000 secured employment in the country. The problem is

Jefferson’s Bourbon founder Trey Zoeller was in Seoul last week for a special event in Korea, offering a unique opportunity to introduce his Kentucky-based brand to Korean consumers. It marked the finale of a six-month program involving 40 Korean bartenders who explored the brand and developed their own cocktails using its bourbon. Zoeller, who founded the brand with his father, Chet Zoeller, in 1997, came to Korea to recognize the bartenders whose cocktails for the Camp Jefferson program sold the most and best reflected his vision for the brand. In 2023, Zoeller and his late father were inducted into the Kentucky Bourbon Hall of Fame. During the event, he shared insights into the brand with the participating bartenders, explaining how his passion for outdoor adventure helped shape its identity beyond bourbon-making traditions. Zoeller said he was surprised to see his bourbon transformed into a variety of creative cocktails he had never imagined before. “I loved it. There was so much creativity that came through so many different variations of products that I never had. I tasted every

WASHINGTON — South Korea and the United States have concluded a multinational maritime mine warfare exercise off Korea's southeastern port city of Busan with 15 partner nations, according to the U.S. Navy. The ninth Multi-National Mine Warfare Exercise 2026 concluded Friday after bringing together mine countermeasures vessels, explosive ordnance disposal personnel, clearance divers and autonomous underwater vehicles, the U.S. Navy said in a press release. The exercise was aimed at strengthening mine warfare capabilities and interoperability among participating navies through combined maritime operations. It included mine-hunting operations, harbor clearance and port-entry scenarios, mine detection and neutralization, and seabed surveys using unmanned underwater systems. The U.S. Navy deployed USS Chief, an Avenger-class mine countermeasures ship, alongside expeditionary mine countermeasures companies and diving detachments. The South Korean Navy participated with mine laying and hunting vessels, supported by specialized clearance divers and underwater disposal teams. The exercise also i

The air forces of Korea and the United States will sign a letter of intent (LOI) on autonomous combat platform cooperation Thursday to bolster collaboration in the manned-unmanned combat systems, the Korean Air Force said. The LOI will be signed during a meeting between the chiefs of staff of the two countries' air forces — Gen. Son Sug-rag and U.S. Gen. Kenneth Wilsbach, the South's armed force said in a statement. The autonomous collaborative platform (ACP) refers to an autonomous system designed to collaborate with manned aircraft and other unmanned assets to execute air missions. Such manned-unmanned teaming (MUM-T) is regarded as a cornerstone of next-generation air operations, reducing risks to pilots and significantly boosting the operational range and survival chances for airmen. The collaboration comes as the U.S. Air Force is pushing for the development and operational integration of the unmanned combat aircraft systems. Korea's Air Force is also working to lay the groundwork to secure operational capabilities for the MUM-T systems. Building on the collaboration, the two air fo

The commander of the U.S. Eighth Army in South Korea said his troops must be ready for deployment outside the Korean peninsula if ordered, arguing that it would be "irresponsible" to focus "myopically" on threats there. Lt. Gen. Joe Hilbert said that while his command's focus was on fulfilling U.S. commitments under its mutual defense treaty with Seoul, the Eighth Army's location did not limit the missions it could undertake. It would be "irresponsible to focus myopically" on threats on the Korean peninsula alone, he told the South China Morning Post by email, or to "suggest that we cannot do other things simply because we are in Korea." Describing the Eighth Army as part of a "global force" that trains for "readiness so that we can deploy where needed by our national command authority," Hilbert cited the Eighth Army's participation in multinational exercises across the Asia-Pacific as an example of its activities beyond the peninsula. "We view readiness as largely threat-agnostic. If we have a trained, ready force capable of executing the Army's assigned missions, we can apply that forc

Personal information belonging to about 10,000 Yonsei University students and graduates has been leaked in a hacking of the university's portal service, the university said Thursday. Yonsei University's information and communications office said it has confirmed unauthorized access to the portal by an external party, resulting in the exposure of personal information of some members of the university community. It apologized for the concern and inconvenience caused by the breach. The exposed data includes student ID numbers, mobile phone numbers and email addresses of current students and graduates, as well as certain system management information, the university said. However, sensitive personal information, such as resident registration numbers, was not compromised, it said. After discovering the hack, the university took steps to block the point of intrusion and requested a police investigation. The university said details of the breach, including the specific types of personal information exposed for each affected individual, will be available on its website from 1 p.m. Thursday.

BUSAN — Bukang-i the shark, which was guided out of a canal in South Korea's southeastern city of Busan after more than a month there, has returned to the waterway. The shark was seen swimming Thursday morning in a narrow space between a flat floating platform installed near the canal's exit to prevent it from coming back and a net set up as a second backstop, a day after it was successfully guided out of the canal. Observers say the fish could have swum its way into the canal under the floating platform, known as a pontoon. The shark -- named Bukang-i after Bukhang, Korean for North Port -- was first spotted in the canal Sept. 18. Since then, the canal park, located about 330 kilometers southeast of Seoul, has turned into a major attraction, drawing over 1.6 million visitors as of Sunday. After two previous attempts to guide the fish to the open sea failed, officials had waited for it to exit the canal on its own. But after it didn't, the officials made a third attempt over concern it could die if water temperatures fell further. On Wednesday, a joint team involving municipal and Coast

Veterans Minister Kwon Oh-eul will visit the graves of two former presidents, including controversial former dictator Park Chung-hee, the veterans ministry said Thursday, following through on his pledge to honor past leaders regardless of political differences. Kwon was set to attend a memorial ceremony later in the day marking the 20th anniversary of the death of Choi Kyu-hah, the 10th president, from December 1979 to August 1980, at the Daejeon National Cemetery and pay his respects, according to the ministry. Choi assumed office following the assassination of Park in October 1979 and resigned under pressure from then Army Gen. Chun Doo-hwan, who took power through a military coup. Choi is the shortest-serving president in post-Korean War history. Kwon plans to visit the Seoul National Cemetery on Monday and pay tribute to Park, the ministry said. Kwon's moves are considered rare, as paying respects to controversial past leaders like Park has often drawn criticism, especially from the liberal bloc. Kwon, a Cabinet member in the liberal Lee Jae Myung government, has expressed a commitmen

Merck opened a new production facility for key materials used in semiconductor deposition in Eumseong County, North Chungcheong Province, Thursday, underscoring its commitment to expanding its presence in Korea's chip industry and strengthening a local-for-local supply chain. According to the company, the new facility produces molybdenum precursor solutions used in semiconductor manufacturing. New Merck Electronics CEO Benjamin Hein, Head of Thin Films Business Bing Han and other company executives attended the opening ceremony, while North Chungcheong Province Gov. Shin Yong-han delivered a congratulatory video message. This marks Hein's first visit to Korea since his appointment as Merck's Electronics CEO in May. During a press conference a day before the opening ceremony, Hein said customers increasingly want integrated solutions backed by local support, requiring closer cooperation between Merck's materials business and its delivery systems and services business. "What customers expect is that you provide an integrated solution. They don't just want to buy the precursor. They don't

Korea's antitrust watchdog said Thursday it has begun collecting public opinion on draft guidelines against advertisements exaggerating products' use of artificial intelligence (AI) technologies, a practice known as "AI washing." The Fair Trade Commission (FTC) said it plans to gather opinions through Nov. 11 amid a growing number of products advertising AI features, with some allegedly providing misleading or deceptive information to consumers. "The term AI is used to describe products' advanced technology, accuracy and objectivity, leading consumers to perceive their performance and reliability as relatively superior or to be willing to pay extra," the FTC said. Amid the trend, the watchdog said consumers need to be aware of products advertised as having AI features even though they do not actually use such technologies. The guidelines cover four major categories of potential violations of the Act on Fair Labeling and Advertising and include a self-assessment checklist and frequently asked questions. The FTC cited examples including electric hot-water heating mats, cat litter boxes, pil

The presidential office on Thursday refuted media criticism that the chief of the new investigative body attending Cabinet meetings could compromise impartiality and independence in investigations. The response came amid growing media criticism after Kim Ji-yong, chief of the Serious Crime Investigation Agency (SCIA), attended Tuesday's Cabinet meeting for the first time since taking office, despite the long-held practice of investigation chiefs not attending such meetings. In a social media post the previous day, President Lee Jae Myung said chiefs of all government institutions under his command could attend Cabinet meetings, but many media outlets pointed out that such a move could compromise the investigation chief's independence and impartiality in conducting investigations. "The government is strenuously working toward maintaining fairness and political neutrality in investigations and independence in indictments. This principle will remain unwavering going forward," Lee's senior secretary for the press, Seong Ghi-hong, told reporters. The official also made clear that no individua