Apple Pay to Launch in South Korea This Year Following Regulator Approval:
macrumors.com/2023/02/03/apple-pay-korea-launch-approved-2023/
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| Last Updated | Feb 03 23 |
| Total Articles | 3 |
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Apple Pay can be launched in Korea: financial regulator : Korea's financial regulator said Friday that local credit card firms can introduce Apple Pay ...
koreatimes.co.kr/www/tech/2023/02/419_344801.html
Apple Pay can be launched in S. Korea: financial regulator | Yonhap News Agency: SEOUL, Feb. 3 (Yonhap) -- South Korea's financial regulator said Friday ...
en.yna.co.kr/view/AEN20230203004400320
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Apple Pay can be launched in Korea: financial regulator : Korea's financial regulator said Friday that local credit card firms can introduce Apple Pay ...
koreatimes.co.kr/www/tech/2023/02/419_344801.html
Apple Pay can be launched in S. Korea: financial regulator | Yonhap News Agency: SEOUL, Feb. 3 (Yonhap) -- South Korea's financial regulator said Friday ...
en.yna.co.kr/view/AEN20230203004400320
South Korea prepares new monitoring system to detect illegal stock short selling: South Korea's financial market watchdog said on Thursday it had prepared a new ...
reuters.com/markets/asia/south-korea-prepares-new-monitoring-system-detect-illegal-stock-short-selling-2024-04-25/
Quick Glance: South Korea introduces monitoring system to curb illegal stock short selling
- South Korea's financial market watchdog has developed a new monitoring mechanism to detect illegal short-selling transactions in the stock market. Institutional investors will be electronically processed and filtered through a central detection system to prevent illegal trades.
- South Korea has made various reform efforts to address the 'Korea discount' in the stock market, where domestic companies have lower valuations compared to global peers due to factors like low dividend payouts and opaque governance structures.
- Last November, South Korea imposed a sudden ban on short selling of shares for the first half of the year after discovering illegal trades by foreign investment banks. Authorities stated that the ban would remain until adequate measures are in place to prevent such practices.
- The FSS aims to implement the new monitoring system swiftly after finalizing it, although no specific date was provided for the implementation.
Apple loses top spot in China market with shipments down 6.6% in Q1, data shows: Apple lost its crown as China's biggest smartphone seller in the first quarter ...
reuters.com/technology/apple-loses-top-spot-china-market-with-shipments-down-66-q1-data-shows-2024-04-25/
European Parliament votes to screw repair rights in consumer toolkits: Directive places requirements on gizmo vendors, but still needs formal approval
theregister.com/2024/04/24/europe_repair_rights_directive/
LG Energy Solution to minimise capex this year due to slow EV demand: South Korean battery maker LG Energy Solution (LGES) said on Thursday it plans to minimise ...
reuters.com/technology/battery-firm-lg-energy-solution-q1-profit-plunges-weak-ev-sales-2024-04-25/
South Korea Q1 GDP growth smashes estimates, but outlook's uncertain: The South Korean economy grew at the fastest pace in more than two years in the first ...
reuters.com/markets/asia/south-korea-q1-gdp-13-qq-beating-forecast-2024-04-24/
Quick Glance: South Korea Q1 GDP Growth Exceeds Estimates
- The South Korean economy grew faster than expected in the first quarter, driven by an increase in domestic consumption and robust exports. However, the sustainability of the recovery was questioned.
- GDP for the January-March quarter grew by 1.3%, marking the sharpest expansion since the fourth quarter of 2021 and surpassing all forecasts.
- Growth in domestic demand was the main factor behind the stronger-than-expected GDP, with private consumption increasing by 0.8%. Analysts expressed uncertainty regarding the long-term strength of economic growth.
- Despite a rebound in exports and an increase in government spending, uncertainty remains regarding inflation outlook and monetary policy, as the Bank of Korea reconsiders its economic growth projections for 2024.
The US quietly shipped long-range ATACMS missiles to Ukraine: The United States in recent weeks secretly shipped long-range missiles to Ukraine for use in its ...
reuters.com/world/us/us-quietly-shipped-long-range-atacms-missiles-ukraine-2024-04-24/
Quick Glance: USA Provides Ukraine with Long-Range ATACMS Missiles
- The USA delivered short-range ATACMS missiles with extended range to Ukraine to protect the country.
- The delivery was discreet, part of an aid package to maintain Ukraine's operational security.
- The USA previously provided ATACMS missiles with a range of 165 km last year, now supplying missiles with up to 300 km range.
- Germany rejects providing the Taurus missile while the USA offers extensive aid to Ukraine.
How US allies are preparing for a possible second Trump term - Asia & Pacific - The Jakarta Post
thejakartapost.com/world/2024/04/25/how-us-allies-are-preparing-for-a-possible-second-trump-term.html
North Korean official lambasts US over sanctions, state media says: North Korea will take more action to maintain its military power despite U.S ...
reuters.com/world/asia-pacific/north-korean-official-lambasts-us-over-sanctions-state-media-says-2024-04-24/
Quick Glance: Kim Leads Rocket Drills for Nuclear Counterattacks
- North Korean leader Kim Jong Un supervised rocket launches simulating nuclear counterattacks.
- The drills showcased the strength of the country's nuclear forces.
- The rockets were described as highly accurate and capable of carrying tactical nuclear warheads.
- The US and South Korea are responding with enhanced military exercises and nuclear deterrence strategies.
South Korean woman conned out of US$50,000 by fake Elon Musk she fell in love with on Instagram
scmp.com/news/asia/east-asia/article/3260197/south-korean-woman-conned-out-us50000-fake-elon-musk-she-fell-love-instagram
Quick Glance: South Korean Woman Falls Victim to $50k Elon Musk Deepfake Scam
- A South Korean woman was convinced to invest 70 million won ($50,770) after watching a fabricated video portraying someone who looked like Elon Musk, the CEO of Tesla, as reported locally on Tuesday.
- Jeong Ji-sun, identified by the pseudonym at KBS, disclosed her experience as a victim of a romance scam on KBS's 'In-Depth 60 Minutes.' During the episode on April 19, Jeong narrated her initial interactions with the scammer posing as Musk.
- Jeong's initial hesitations dissipated swiftly. The scammer forwarded his identification and a workplace photo to Jeong. Moreover, he discussed aspects such as his children and commuting to Tesla or SpaceX via helicopter. He further mentioned his sporadic outreach to fans.
- The program highlighted the prevalent use of AI in these romance scams. The swindler engaged in a form of deception known as 'pig butchering,' as explained by the producer. This approach involves gradually enticing victims to increase their contributions to an apparently legitimate investment before the perpetrator vanishes.
US Chamber of Commerce to sue FTC for banning noncompetes in most jobs: Senior execs making $150K+ will still have to abide by them, but they fall away for ...
theregister.com/2024/04/24/noncompetes_ban_ftc/
SK Hynix to invest $3.86 bln in DRAM chip production in South Korea
reut.rs/3Ux58yf
Quick Glance: SK Hynix Anticipates Full Chip Recovery Post Q1 Profit Surprising AI Boom
- SK Hynix anticipates a complete recovery in memory chips due to AI demand, achieving its highest profit in nearly two years by selling advanced DRAM chips with High Bandwidth Memory (HBM) for generative AI chipsets.
- The company surpassed expectations for an operating profit of 1.88 trillion won by LSEG SmartEstimate, stating that the memory market is entering a full recovery cycle.
- SK Hynix is the biggest beneficiary of the explosive increase in AI adoption, serving as the main supplier of HBM chips for Nvidia's graphic processing units training AI systems.
- To outpace competition, SK Hynix announced a $3.87 billion investment to construct an advanced chip packaging plant in Indiana with an HBM chip line and research and development for AI products.
Meet Thermonator, a Flame-Throwing Robodog That Can Light Fires, Melt Snow: You, or the US military, can now buy a 'wolfpack' of Thermonators that blast 30-foot ...
pcmag.com/news/meet-thermonator-a-flame-throwing-robodog-that-can-light-fires-melt-snow
Korean Crypto Boom: Upbit Now a Top Global Exchange by Volume: The beating heart of the crypto bull market sweeping the world isn’t Miami, Paris or the Middle ...
bloomberg.com/news/articles/2024-04-25/korean-crypto-boom-upbit-is-now-a-top-global-exchange-by-volume
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Record giant HYBE audits 'NewJeans' label as infighting returns to K-pop: South Korea's largest music company is auditing the management of one of its labels as ...
reuters.com/lifestyle/record-giant-hybe-audits-newjeans-label-infighting-returns-k-pop-2024-04-24/
Hank Bank team serves guest workers in Korea: Banking services for guest workers are becoming increasingly crucial, as more foreign workers are entering and are ...
koreatimes.co.kr/www/biz/2024/04/126_373411.html
$433 Billion Gone! One Stock Loses More Value Than Tesla: Tesla's loss of $328.3 billion this year in stock value certainly hurts. But it's only the ...
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Everland celebrates spring with historic flower festivals: YONGIN, Gyeonggi Province — Everland, Korea's largest theme park, greets springtime picnickers with ...
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UniFi Dream Machine Pro Max introduced for larger and higher-performance setups: It almost sounds like Apple's product names, because after the Dream Machine Pro ...
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Apple announces event on May 7 amid reports of new iPad model launches: Apple will hold an event on May 7, the company said on Tuesday, amid reports that it ...
reuters.com/technology/apple-says-it-will-hold-event-may-7-2024-04-23/
Quick Glance: Apple announces event on May 7
- Apple will host an event on May 7, where the long-awaited revamped versions of the iPad Pro and iPad Air are expected to be revealed.
- These new models would signify Apple's first major overhaul of this product line since 2018, as iPad sales have decreased, prompting the company to introduce new products to stimulate demand.
- In the first quarter, iPad sales dropped by 25% to $7.02 billion, alongside a slowdown in iPhone sales.
- The event is scheduled to commence at 7 a.m. PT, corresponding to 2 p.m. GMT, and Apple is also preparing for its Worldwide Developers Conference from June 10 to June 14.
Exclusive: South Korea considers easing bond market reporting rules, sources say: South Korea is considering easing real-time reporting requirements for ...
reuters.com/markets/asia/south-korea-considers-easing-bond-market-reporting-rules-sources-say-2024-04-24/
Quick Glance: South Korea Contemplates Easing Bond Market Reporting Rules
- South Korea is considering relaxing reporting requirements for investors in the bond market to facilitate inclusion in FTSE Russell's global bond index.
- Proposed changes may reduce reporting to once or twice daily and address a later reporting deadline.
- Easing these regulations could enhance the prospects of South Korean bonds being included in FTSE Russell's WGBI and attract billions of dollars in capital inflows.
- Recent reforms in South Korea aim to improve foreign investor access, including the elimination of a 30-year-old rule for foreign stock traders.
Crypto.com delays Korean market entry indefinitely : Crypto.com's entry into the Korean market has been delayed indefinitely due to regulatory issues.
koreatimes.co.kr/www/biz/2024/04/816_373373.html
U.S. official says Kishida and Yoon deserve Nobel Peace Prize: WASHINGTON/SEOUL -- A senior U.S. official said Wednesday that the leaders of Japan and South ...
asia.nikkei.com/Politics/Japan-South-Korea-ties/U.S.-official-says-Kishida-and-Yoon-deserve-Nobel-Peace-Prize
Paid articlePaid LG Energy Solution to license out battery patents to block tech infringement, exec says
reuters.com/technology/lg-energy-solution-license-out-battery-patents-block-tech-infringement-exec-says-2024-04-24/
Record giant HYBE audits 'NewJeans' label as infighting returns to K-pop: South Korea's largest music company is auditing the management of one of its labels as ...
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Exclusive deal: Get 60% off MagSafe Power Bank and charging stand: SwitchEasy's Portal power bank pops right out of the sleek stand for mobile use with iPhone ...
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Apple cuts Vision Pro shipments as demand slows: Analyst Ming-Chi Kuo says Apple is cutting back shipments as Vision Pro demand drops among consumers by hundreds ...
cultofmac.com/854115/vision-pro-demand-drops/
Apple will host a pre-WWDC virtual event on May 7: Apple isn't waiting until WWDC to make some announcements. The company will hold a virtual event on May 7 and ...
engt.co/3xGoXKj
Stock Market's ‘Humbling’ Cycle Forces Morgan Stanley's Wilson to Stay Nimble
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Huawei sales are soaring in China as Apple sinks: Huawei is not only making a roaring comeback in China, it is also on the verge of overtaking Apple in the ...
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Police operation: Store opening of Berlin brand 032c in Seoul calls for law enforcement officers
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South Koreans sue government over climate change, saying it's violating human rights
npr.org/2024/04/24/1246784475/south-korea-lawsuit-government-climate-change-violating-human-rights
What a TikTok Ban in the U.S. Could Mean for You: So what does the ban on Tiktok that passed Congress mean for you, a TikTok user, or the parent of a TikTok ...
time.com/6970385/what-us-tiktok-ban-means-for-you/
Quick Glance: Measures Against TikTok: Biden Sets Deadline for Sale
- President Biden has signed legislation requiring ByteDance to fully divest from TikTok within a year or potentially face a nationwide ban.
- This action poses a significant challenge to the future of the video-streaming app in the U.S. and escalates the technological conflict between America and China.
- TikTok plans to take legal action against the Biden administration, citing concerns that the law could impede the free speech of millions of Americans.
- This requirement was incorporated into a bill providing foreign aid for Israel, Ukraine, and Taiwan, mandating ByteDance to sell its stake in TikTok within 12 months under the threat of closure.
Unruly Korean passenger forces flight from Europe to make emergency landing : A Korea-bound flight from Hungary had to make an emergency landing in Kazakhstan on ...
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Korean man sentenced to 14 months in jail for killing 76 cats: A Korean man has been sentenced to 14 months in prison for killing 76 cats in one of the country's ...
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Google Should Push RCS Texting Further Than Just the iPhone: Commentary: For RCS to truly replace SMS and MMS, it needs to be everywhere -- not just on ...
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Meta shares sink 11% on weak revenue guidance: Meta reported earnings after the bell. Here are the results.
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Samsung workers threaten biggest ever union action: Tech Latest by Nikkei Asia brings you the newest updates from Asia's technology industry ...
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F-4 Phantoms Conduct Final Popeye Missile Firing Before South Korea Bids Them Farewell
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GC Daily: Apple saw 19% decline in China, US nervous about China’s interest in RISC-V Chips
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Aerospace professor, ex-NASA executive to lead inaugural Korean space agency: President Yoon Suk Yeol named aerospace engineering professor Yoon Young-bin as the ...
koreatimes.co.kr/www/tech/2024/04/133_373386.html
A brand-new Apple product is facing a grim future amid low sales
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Why East Asia is simply better at Pisa: East Asian countries regularly perform best in the Pisa study. That's because of the lessons and: because of Confucius ...
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The iPhone 16 looks likely to ditch physical buttons after all: Clickable iPhone buttons could be on the way out
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When China Banned Korean Boy Bands: Back in 2017, when South Korea opted to deploy the U.S. THAAD system, one response from China was to ban K-pop acts from ...
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Meta debuts Horizon OS, with Asus, Lenovo, and Microsoft on board: Rivalry with Apple now mirrors the Android/iOS competition more than ever.
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Patients brace for resignations of medical professors and weekly shutdowns : Patients are growing increasingly anxious as medical professors vow to resign or ...
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If You Constantly Need Phone Chargers, This Lightning-Fast Pair Is Just $10: Right now at Amazon, this two-pack of Apple MFi-certified lightening chargers is the ...
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iPhone Sales In China Fell Nearly 20% In Q1, Report Finds: Apple slipped from first to third place in China’s smartphone sales chart, marking the iPhone maker’s ...
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The fate of Korea's 'first and biggest' sex festival: It was to feature events like a bondage fashion show. But then the authorities cracked down.
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Mastermind behind virtual band PLAVE attributes success to humanism : In the dynamic world of K-pop, PLAVE has emerged as a trailblazer with its five virtual ...
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South Korean cafe Hollys readies first Japanese outpost in Osaka: OSAKA -- South Korean cafe chain Hollys opens its first Japanese location next week in Osaka ...
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[INTERVIEW] AIMMO eyes global expansion in AI-driven self-driving market : AIMMO, predicting increased use of AI technology for data collection and utilization ...
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Korea, Romania to bolster cooperation in defense, nuclear energy: President Yoon Suk Yeol and Romanian President Klaus Iohannis held a summit in Seoul, Tuesday ...
koreatimes.co.kr/www/nation/2024/04/120_373286.html
Watch: K-Pop singer Aoora sings in Assamese as he collaborates with Nilotpal Bora in a new folk song
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Apple Rumored To Be Developing Custom Silicon For AI Servers, New Chip Said To Use TSMC’s 3nm Process An…
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Of Course Gwyneth Paltrow Doesn't Understand Memes: Gwyneth Paltrow says her kids Moses and Apple explain memes to her when she needs to understand them.
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Nigeria: Civil Aviation Authority Suspends Dana Airline Operations: The NCAA says the suspension of the airline's license is based on elevated safety ...
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Daily EV Recap: Remote excavators and solar EVs: Listen to a recap of the top stories of the day from Electrek. Quick Charge is now available on Apple Podcasts ...
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Hyundai Motor's Q1 profit drops 2.4%, hit by weak domestic sales: South Korean automaker Hyundai Motor Co's first-quarter profit fell 2.4%, hit by a tumble in ...
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South Korea’s Economy Posts Stronger-Than-Expected Growth: Asia’s fourth-largest economy expanded 3.4% in the first quarter on improving private consumption ...
wsj.com/economy/south-koreas-economy-posts-stronger-than-expected-growth-1b965cab
Stock Market Today: Dow, S&P Live Updates for April 25: Asian equity markets dropped after Meta Platforms Inc.’s disappointing outlook raised concern on whether ...
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Poland signs deal to buy more Chunmoo multiple-rocket launchers: Hanwha Aerospace, South Korea's largest defense company, has solidified its partnership ...
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What the Revamp of the Japan-US Alliance Structure Means for South Korea: New security and military arrangements will have knock-on effects for both Japan and ...
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Diplomatic Bluebook: Japan Must Strive to Actively Work for International Cooperation
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Korea Beats China With Record Corporate Dollar Bond Offerings: Korean borrowers are selling an unprecedented amount of dollar bonds, overtaking Chinese peers to ...
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Paid articlePaid South Korea Q1 GDP growth smashes estimates, but outlook's uncertain: The South Korean economy grew at the fastest pace in more than two years in the first ...
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South Korea's largest K-pop agency Hybe accuses sublabel executives of breach of trust
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Football: Spirited 10-man Marinos edge Ulsan to reach ACL final - The Mainichi: YOKOHAMA (Kyodo) -- Yokohama F Marinos reached their first Asian Champions League ...
mainichi.jp/english/articles/20240425/p2g/00m/0sp/002000c
Korea Box Office: Don Lee’s ‘The Roundup: Punishment’ Opening Punch: Don Lee's 'The Roundup: Punishment' breaks franchise and box office records ...
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Paid articlePaid South Korea Unveils Short-Selling Monitoring Platform to Find Illegal Trades: South Korea is developing a centralized short-selling monitoring platform that can ...
bloomberg.com/news/articles/2024-04-25/south-korea-unveils-details-of-short-selling-monitoring-platform
Paid articlePaid South Korea Weapons Exports Require Geopolitical Ties: To tap into markets such as India and Indonesia, Seoul needs to focus on its geopolitical relationships as ...
bloomberg.com/opinion/articles/2024-04-24/south-korea-weapons-exports-require-geopolitical-ties
Paid articlePaid
South Korea tries to Trump-proof the alliance: US and South Korean delegations met in Hawaii on April 23 to begin talks about how much host nation support Seoul ...
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Investors Spot New Risk In Firms Worth Half Asia Market Value: Firms making up more than half of Asia’s stock market value are vulnerable to deforestation ...
bloomberg.com/news/articles/2024-04-24/investors-spot-new-risk-in-firms-worth-half-asia-market-value
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Samsung Rewards loyalty program is now available in Canada: Prospective Samsung customers in Canada now have one extra reason to use a Samsung Account when they ...
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Terraform Labs founder Do Kwon protests decision for possible extradition to US : Fallen crypto mogul Do Kwon of Terraform Labs wants to avoid extradition to the ...
koreatimes.co.kr/www/biz/2024/04/816_373378.html
When China Banned Korean Boy Bands: Back in 2017, when South Korea opted to deploy the U.S. THAAD system, one response from China was to ban K-pop acts from ...
thediplomat.com/2024/04/when-china-banned-korean-boy-bands/
Al Ain seal Asian Champions League final berth: Al Hilal win second leg but UAE team clinch semi-finals with 5-4 aggregate
gulfnews.com/sport/football/al-ain-seal-asian-champions-league-final-berth-1.102302630
Quick Glance: Al-Ain Advances to Asian Champions League Final Despite Al-Hilal Loss
- Al-Ain advanced to the Asian Champions League final despite losing 2-1 to Al-Hilal in Riyadh, securing a place in the next month's decider.
- Despite Al-Hilal's victory, Al-Ain reduced the deficit early in the game and maintained the lead in the aggregate score.
- The result means Al-Ain will return to the final for the first time since 2016, when they lost to Jeonbuk Motors from South Korea.
- The final will be held on May 11 in either Japan or South Korea, with Al-Ain hosting the return leg two weeks later.
FTC votes to ban noncompete clauses that bar employees from working for competitors
cnbc.com/2024/04/23/ftc-votes-to-ban-noncompete-clauses-that-bar-employees-from-working-for-competitors-.html
Quick Glance: US implements ban on worker 'competition agreements' with business groups filing lawsuits
- The U.S. Federal Trade Commission has approved a framework to eliminate agreements often signed by employees to refrain from joining their employers' competitors or establishing rival businesses.
- The ban on noncompete agreements is projected to boost worker earnings by up to $488 billion over the next decade and facilitate the establishment of over 8,500 new businesses annually.
- Prominent business associations have criticized the framework and declared legal actions, contending that noncompete agreements assist companies in safeguarding trade secrets and advancing competitiveness.
- Unions have endorsed the FTC's vote in favor of the ban, hailing it as a significant triumph for workers that will enhance the national economy by fostering entrepreneurship.
Samsung Wallet brings mobile ID verification to more students in Korea: Samsung Wallet is becoming more useful with each passing year. The app can double as a ...
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