Search result for South Korean
A South Korean court denies a corruption arrest warrant for opposition leader Lee.
Wednesday, a South Korean judge denied an arrest warrant for the country's opposition leader, citing a lack of evidence that he posed a clear risk of destroying evidence. Lee Jae-myung, who awaited the decision in a detention facility where he would have been held if the judge had approved hi...
Teacher wounded in latest South Korean knife attack at school
South Korean police have taken into custody a suspect believed to have wounded a high school teacher with a knife on Friday in Daejeon. This is the second apparent random knife attack in the country in the past two days.
The only description provided by the Daejeon Metropolitan Police A...
Gains in LG's market capitalization have been the highest among major companies.
With Chairman Koo Kwang-mo at the helm, the South Korean conglomerate LG has been able to outpace its larger competitors Samsung, SK, and Hyundai Motor in terms of overall market value growth over the past year thanks to its focus on change, innovation, and the development of new growth engines. ...
Netflix South Korean drama The Fabulous, starring Chae Soo-bin and Minho, which is a shallow story about the fashion industry that needs some alterations.
When high culture and high jinks meet, the result is incandescent. Starring Chae Soo-bin and Minho of the K-pop boy band Shinee, The Fabulous is a drama about young professionals. This new Netflix original series follows in the footsteps of Sex and the City in its emphasis on hedonism and materia...
The use of drones by the South Korean military in an attack on the North was justified as a "exercise in self-defence,"
On Monday, the opposition party claimed that South Korean drones dispatched to North Korea violated the inter-Korean peace. The military, however, said that the South was only exercising its right to self-defence. Five North Korean drones violated a 2018 military deal agreed between the two sides...
Creating a bright future for South Korean chemical firms
South Korean chemical firms had a large global presence. They succeeded successfully due to operational excellence, the benefits of strong regional demand, and a conglomerate structure that gave prospects for growth. However, South Korean chemical businesses confront enormous problems today. Mark...
North Korea launches 130 artillery projectiles into the eastern and western "buffer zones": The South Korean military
North Korea launched 130 artillery projectiles into eastern and western marine "buffer zones" on Monday, in breach of a 2018 bilateral military agreement, according to Seoul's defense authorities, during live-fire drills between South Korea and the United States in a border region.<...
More missiles are launched into the ocean by North Korea
According to South Korean and Japanese officials, North Korea has fired another missile into the waters off the east coast of the Korean Peninsula, further increasing tensions in the area amid a series of exhibitions of military power this week.
North Korea has fired six rounds of weapo...
A South Korean woman's rendition of Indian traditional dance has gone viral on the internet
Music and dance are powerful forms of expression that have a positive impact on people, break down barriers and unite communities to create a better world.
A video of a South Korean woman dancing an Indian classical dance at a social event has recently gone viral on the Internet. The cr...
Massive blast at a South Korean airbase
The South Korean airbase closest to the border with North Korea has been the site of a devastating explosion.
Videos posted online on Wednesday show massive fires above the Gangneung Air Base, located roughly 170 kilometers northwest of Seoul.
First accounts place the blame on...
United States Defense Secretary & South Korean Defense Minister Meet in Seoul
Highlights
• 53rd Security Consultative Meeting at South Korea on December 2, 2021.
North Korea's missile and weapons developments are increasingly posing a threat. The agenda behind the security meeting between U.S. Defense Secretary & ...
Korean Airline industry resumes international flights under “living with COVID-19” scheme
In line with South Korean government’s plan of following the “living with COVID-19” scheme, the airline industry is beginning preparations for overseas flights.
Highlights
- Korean service carriers resume overseas flight operations ...
S. KOREAN STOCKS END LOW OVER DUMPING OF LOCAL SHARES
Highlights –
- S. Korean stocks end low over dumping of local shares.
- The benchmark Korea Composite Stock Price Index (KOSPI) dropped 47.77 points.
- Samsung Electronics stocks fell down 1.48 percent to 80,000 won.
- Naver stocks...
S. KOREAN CARMAKERS SAW A JUMP IN SALES BY 77% IN APRIL
Highlights –
- S. Korean carmakers saw a jump in sales by 77% in April.
- The five carmakers sold a combined 630,691 vehicles in April.
- Hyundai reported its sales to double to 345,777 units from 167,693 a year ago.
- Kia's sa...
LG ELECTRONICS SAW NET PROFIT OF $1.05 BILLION IN Q1 2021
Highlights –
- LG Electronics saw net profit of $1.05 billion in Q1 2021.
- Its operating profit also rose 39.1 percent to 1.51 trillion won in Q1.
- On Thursday, shares in LG fell 1.22 percent to 162,000 won on the Seoul bourse.
S. KOREA IS CURRENTLY DEVELOPING ITS OWN COVID-19 VACCINE
Highlights –
- S. Korea is currently developing its own COVID-19 vaccine.
- S. Korea secured COVID-19 vaccines for 79 million people from global pharmaceutical companies.
- Phase 3 clinical trials of a homegrown vaccine could take place at ...
S. KOREAN GOVT. PLANS TO MONITOR ILLEGAL CRYPTOCURRENCY ACTIVITIES
Highlights –
- S. Korean govt. plans to monitor illegal cryptocurrency activities.
- S. Korea is concerned with speculative investments and potential illegal activities through cyrptocurrency.
- The country’s finance ministry, FSC, an...
BTC LOSES KIMCHI PREMIUM LOSS BY 6%; WILL NOT IMPACT BTC GLOBALLY
Highlights:
• South Korean exchange Upbit suspended withdrawals leading to the drop in the Kimchi Premium
• Whales have reportedly been dropping coins in the South Korean exchanges
SOUTH KOREA AMENDS FTRA; MAKES REGISTRATIONS WITH FIU MANDATORY
Highlights:
• The South Korean government wants to regulate the crypto domain
• The government is concerned about crypto being used for money laundering
South Koreans have b...
S. KOREAN GOVT. TO BAN EATING AT 21 TYPES OF PUBLIC PLACE FROM MONDAY
Highlights –
- S. Korean govt. to ban eating at 21 types of public place from Monday.
- The violators will be fined $88 starting April 5.
- The govt. extended the current Level 2 social distancing rules in Seoul’s densely populated ar...