[ SEOUL: Seoul has urged Tokyo not to discriminate against South Korean companies, the foreign ministry told AFP on April 29, after reports that tech giant Naver is under pressure to sell its stake in Japan’s top messaging app. South Korea’s Naver developed Line 13 years ago and it now has more than 95 million … Read more
[ SEOUL: South Korea’s central bank said on Friday greater uncertainty on the inflation outlook and the strength of exports argued against a near term push to cut interest rates after the bank left the policy rate steady at a 15-year high. “To give a six-month ahead outlook or so, all of the board members … Read more
[ SEOUL: South Korean regulators are investigating the hugely popular Chinese shopping app Temu on suspicion of false advertising and unfair practices, the Yonhap news agency reported on April 8. With sometimes astonishingly low prices and a huge variety of items, Temu has enjoyed rapid growth in dozens of countries since it was launched in … Read more
[ SEOUL: Foreign policy, the economy, or Kim Jong Un’s nukes might be expected to top the agenda ahead of South Korea’s crucial parliamentary election on April 10. Instead, it’s green onions on the minds of voters and election officials, who have banned the humble allium from polling stations over fears of electoral interference. Used … Read more
[ India’s diesel exports hit by China, South Korea! India’s diesel exports to Asia saw a significant decline of 63% in March compared to the previous month. This drop was because of tough competition from Chinese and South Korean suppliers, which affected profit margins. Indian refiners shipped 61,000 barrels per day (bpd) of diesel to … Read more
[ In A Bloody Lucky Day, which drops in full on Paramount+, Lee Sung-min (Reborn Rich) is a hapless cab driver in Seoul, desperate to believe his luck will turn around. But just when he’s putting together a pretty solid money shift, a new fare jumps into his taxi. What ensues is a long drive … Read more
[ SEOUL: North Korea’s hacking groups have broken into at least two South Korean manufacturers of chipmaking equipment, as the country looks to evade sanctions and turn out its own semiconductors for weapons programmes, South Korea’s spy agency said on March 4. The news comes after South Korean President Yoon Suk Yeol warned North Korea … Read more
[ The U.S. and South Korea will launch an 11-day military exercise on the Korean Peninsula beginning next week as tensions continue to rise with North Korea after Pyongyang abandoned reconciliation with Seoul and has re-militarized the border. Freedom Shield 2024 is set to run from March 4-14, U.S. Forces Korea said this week, and … Read more
[ In Captivating the King (Netflix), a Korean romantic historical drama, a prince forced into exile through conquest returns to the royal court of the Joseon Dynasty where he was raised, only to find it in utter turmoil. Who will succeed the king? Some say him; othersâ¦donât. And what of Joseonâs ongoing struggle with the … Read more
[ A South Korean plan to greatly increase medical school seats has helped prompt more top students to enroll for exam-prep studies to become doctors – over the once sure-fire bet of trying to become engineers who make semiconductors. The operators at some of the nation’s largest cram schools have set up new courses for … Read more
