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S. KOREA’S 5 MAJOR BANKS REPORTS RISE IN MORTGAGE LOANS IN MARCH
Highlights –
- S. Korea’s 5 major banks reports rise in mortgage loans in March.
- The combined mortgage loans from the 5 banks were more than 3 trillion won range.
- The banks’ outstanding unsecured loans came to 135.4 trillion...
YAHOO JAPAN TO USE AI TO DELETE HARMFUL AND DEFAMATORY COMMENTS
Highlights –
- Yahoo Japan to use AI to delete harmful and defamatory comments.
- The measure is to boost efforts to tackle cyberbullying after a suspected suicide of a reality show star.
- It will release a list of expressions that could b...
JAPAN’S NATIONAL HIGH SCHOOL RUGBY TOURNAMENT TO BEGIN ON DEC.27
Highlights –
- Japan’s national high school rugby tournament to begin on Dec.27.
- The match will be played without spectators to prevent the spread of COVID-19.
- Around 63 teams from Japan’s 47 prefectures will attend the tour...
CASH-STRAPPED DOOSAN SHEDDING STOCKS TO LEVERAGE NEW BUSINESS LINE
- Cash-strapped Doosan Group said Friday that it will repay 3 trillion won (US$2.5 billion) in debt to its main creditors by selling new shares of Doosan Heavy Industries & Construction Co. and other affiliates' assets.
- Doosan Heavy Industries & Construction is all se...
LENDERS KB KOOKMIN AND HANA WITNESS BOOMING PROFITS DESPITE PANDEMIC
- Though there were plenty of border restrictions placed during the COVID-19 pandemic, South Korea’s major lenders KB Kookmin and Hana registered buoyant sales figures overseas in the first-half of the year, attracted by their performance in Southeast Asia.
- Overall, the com...
DAEWOO E &C’S VISIONARY AND SPRAWLING COMMERCIAL CLOUD INFRASTRUCTURE
- From shores of Nigeria to New York City, Daewoo Engineering & Construction (Daewoo E&C) spreads its wings far and wide.
- Daewoo E &C is a mammoth construction company in South Korea and makes its presence felt around the world.
It delive...
JULY’S GRAND SUMO TOURNAMENT AT TOKYO WAS OPEN FOR SPECTATORS
Highlights –
- July’s Grand Sumo Tournament at Tokyo was open for spectators.
- The oldest active sumo wrestler Hanakaze lost to Tenichi.
- Hanazake was the first to enter the dohyo at the age of 50.
- In March, the Spring G...
JAPAN GOVERNMENT TO DISCUSS CYBERBULLYING LEGISLATION AFTER THE DEATH OF HANA KIMURA
Highlights
- Kimura was a wrestler and cast member on the Netflix show Terrace House
- She died on Saturday at the age of 22
The nation is observing an outpouring of grief after the death of professional wrestler and reality television s...
INFOSYS ON STRONG TURF WITH A DIGITAL INNOVATION CENTER IN DUSSELDORF
- Infosys is proud to be a partner in bridging the talent gap in the region with regional academic institutions Hochschule Dusseldorf and WHU.
- Infosys has an ultra-chic digital innovation center in Dusseldorf Germany.
Infosys opened an innovation center in Dusse...
WOORI BANK AND HANA BANK FINED $30.8 MILLION
Highlights –
- South Korea’s financial regulator fined Woori Bank and Hana Bank
- Six-month ban on selling private equity fund products
- Banks responsible for failure to protect retail investors from risks
Hana Bank...
SOUTH KOREA BUYS JAPANESE SOLAR POWER PLANT FROM CANADIAN MANUFACTURER
Highlights:
- Canadian Solar has sold the plant at $205 million at Yamaguchi Prefecture
- The Yamaguchi Shin Mine solar plant has Canadian Solar components and was functional from May 2018
The Canadian owned solar power plant at Yamaguch...
HANAMI VIEWING TO HAPPEN A WEEK EARLIER
Japan takes it cherry blossom season quite seriously. While the pleasant floral spectacle is not unique to the country, but the associated importance is high. Blossoms of the most common type of Japanese cherry is called as Sakura. It is unofficially the national flower.
Data released b...
Blockchain local currency about to be launched in Busan Korea by KT Corp and Hana Bank
An announcement was made yesterday by Korean telco Corp that it got selected as the operating agency for Blockchain-based local currency Dongbaekjeon of Busan city. The official launch of the digital currency will take place at the end of this month with a yearly issue amount of 300bn won which i...