After North Korea's missile tests, South Korea and the United States hold joint military exercises with a U.S. aircraft carrier

The South Korean military announced on Friday that joint maritime drills with a U.S. aircraft carrier had begun, a day after South Korean fighter jets had been scrambled in response to what seemed to be a North Korean bombing rehearsal.

The South Korean Joint Chiefs of Staff have announ...

South Korea and the United States hold carrier drills in response to North Korean missile launches

On Friday, South Korean military officials said that South Korea and the United States had begun joint maritime drills with a U.S. aircraft carrier, a day after South Korean fighters were scrambled in response to what seemed to be a North Korean bombing rehearsal.

South Korea's Join...

Many people are left stranded at Delhi Airport due to the cancellation of Lufthansa flights.

Last night at the Delhi airport, delayed travellers and their loved ones protested vehemently the cancellation of Lufthansa flights.

700 passengers were left stranded at the T3 terminal at Delhi's Indira Gandhi International (IGI) Airport as a result of a one-day pilot strike that f...

U.S. regulators order Chinese telecom carrier out of US market

U.S. regulators are expelling a unit of China Telecom Ltd, from the American market due to the national security threat because of rising tensions with Beijing.

Highlights

• U.S. regulators expel China Telecom Ltd, from the American market
• Thi...

S. KOREAN AIRLINES TO RAISE FUEL SURCHARGES FROM JUNE

Highlights –

• S. Korean airlines to raise fuel surcharges from June.
• The amount will be raised specifically for international routes.
• One-way tickets on international routes surcharge will range from 3,600 won to 20,400 won.

LG UPLUS’ NET PROFIT ROSE 35 PERCENT IN Q1 2021

Highlights –

• LG Uplus’ net profit rose 35 percent in Q1 2021.
• The mobile carrier company’s operating profit increased 25.4 percent to 275.6 billion won.
• Sales from its wireless service business grew 5.4 percent on-year.

SEVERAL S. KOREAN TELECOM COMPANY’S ESTIMATE PROFIT IN Q1

Highlights –

• Several S. Korean telecom company’s estimate profit in Q1.
• SK Telecom Co., KT Corp. and LG Uplus Corp. are expected to have a profit of US$863.3 million.
• KT Corp. is expected to have logged 386.3 billion won in oper...

CARRIER EE EXPANDS ITS 5G SERVICES TO 35 NEW CITIES ACROSS UK

Highlights:

• The company EE has added its 5G services to 35 new cities across the United Kingdom
• The carrier EE said that, the top tourist landmarks and coastal locations are covered by the 5G network of EE

The carrier EE of United Ki...

S. KOREAN SHIPBUILDERS RECEIVED HIGHEST ORDERS IN JAN-MARCH PERIOD

Highlights –

• S. Korean shipbuilders received highest orders in Jan-March period.
• HHIC won new orders for 126 ships or 5.32 million CGTs in Jan-march period.
• KSOE won new orders of 68 ships at $5.5 billion.
• Samsung Heavy Ind...

S. KOREAN LCC UNDER HEAVY DEBT FROM HUGE DEIFICTS DUE TO PANDEMIC

Highlights –

• S. Korean LCC under heavy debt from huge deficits due to pandemic.
• Jeju Air Co., Jin Air Co. and T'way Air Co. debt-to-equity ratio ranged from 430% to 517% in 2020.
• Jeju Air Co. had 218.4 billion won in equity capita...

FACEBOOK’S OCULUS QUEST 2 VR DEVICE TO BE LAUNCHED BY SK TELECOM CO. IN S. KOREA

Highlights –

• Facebook’s Oculus Quest 2 VR device to be launched by SK Telecom Co. in S. Korea.
• The company is set to offer the device in the country on Tuesday.
• The device will support games co-developed by SK Telecom.

CHINA’S CZ-8 CARRIER ROCKET READY TO BE LAUNCHED ON SUNDAY

Highlights –

• China’s CZ-8 carrier rocket ready to be launched on Sunday.
• The rocket has the potential to be reusable and could also cut launching costs.
• The new rocket will have non-toxic propellants and has a capacity of at lea...

SHINHAN BANK SET TO ROLL OUT WITH 3 UTILITIES-FINANCE, RETAIL AND TELECOM IN ONE DIGITAL PLATFORM

• Starting next year, consumers will be able to peruse their banking histories, shopping patterns at beauty stores and cellphone data usage, all via a single digital platform.
• Shinhan Bank said Wednesday it has signed a MoU with CJ Olive Networks, an online retail arm of CJ Group...

KSOE AND SAMSUNG HEAVY INDUSTRIES BAG ORDERS WORTH 1 TRILLION WON FOR CRUDE CARRIERS

• Korea Shipbuilding & Offshore Engineering (KSOE) and Samsung Heavy Industries have bagged orders for a total of 13 crude carriers. The sum total of the ships under question exceeds 1 trillion won.
• KSOE, a shipbuilding arm of Hyundai Heavy Industries Group, announced on...

SINGAPORE-MIT COLLABORATION DEVELOPED A MICRO CARRIER HELPS IN CELL GENERATION

HIGHLIGHTS

• Microcarriers are particles utilized in bioreactor-based cell assembling of anchorage subordinate cells

Scientists from Singapore-MIT Alliance for Research and Technology (SMART), MIT's research enterprise have built up a novel m...

CHINA EXPANDS ITS AIRCRAFT CARRIER FLEET IN A QUEST FOR NAVAL SUPREMACY

• China may launch a larger, more state-of-the-art  third aircraft carrier towards the close of the year, a development further increasing matters of great concern  among Pentagon observers about China’s belligerent  naval modernization activities and the sheer momentum...

EMIRATES FINED FOR FLYING THROUGH IRANIAN BASE LAST YEAR DURING TENSION ZONE BETWEEN IRAN AND USA

HIGHLIGHTS

• The United States Transportation Department fined Emirates air carrier of $400,000 on Thursday for trips through Iranian airspace during a period of increased political strain between the US and Iran a year ago.

Half of the fine will...

RAKUTEN INC. COMES UP WITH A NEW UNLIMITED DATA SCHEME FOR $28 PER MONTH PLAN

Highlights –

• Rakuten Inc. comes up with a new unlimited data scheme for $28 per month plan.
• It will provide ultrafast 5G networks under the said plan.
• The low-priced 5G service is expected to be available only in Tokyo and some major ...

NTT DOCOMO INC.’S ILLICIT MONEY WITHDRAWALS AMOUNT HAS INCREASED TO $240,000

Highlights –

• NTT Docomo Inc.’s illicit money withdrawals amount has increased to $240,000.
• The scam has led 35 banks across the country to suspend new registration for the e-money service.
• The telecom company said that around 1...

NTT DOCOMO REPORTS $113,000 TO BE STOLEN FROM BANK ACCOUNTS VIA ITS E-MONEY SERVICE

Highlights –

• NTT Docomo reports $113,000 to be stolen from bank accounts via its e-money service.
• On Wednesday, around 37 cases of improper withdrawals were reported at 10 banks.
• The company has currently stopped new registrations of...