IMO adopts first-ever resolution condemning N. Korea's missile launches | Yonhap News Agency
en.yna.co.kr/view/AEN20230601001500325
Story Details
| Last Updated | Jun 01 23 |
| Total Articles | 1 |
More articles on this subject
Previous
Is South Korea’s economic miracle over?: Decades of growth are tapering off as the country struggles to reform its model and reduce its dependence on ...
ft.com/content/b34e8bc8-9f78-45c8-a15b-3df9cdfd858f
Quick Glance: The Future of South Korea's Economy: An Analysis
- South Korea's economy is facing challenges as the country strives to adapt its traditional growth model and reduce its reliance on manufacturing.
- A massive investment in chip factories in Yongin aims to strengthen the position of South Korea's semiconductor industry, while economists express concerns about future growth.
- With an aging population and declining productivity, South Korea is at risk of economic challenges as the government clings to proven growth drivers.
- South Korean companies must assert themselves in a changing global economic landscape and increase their innovation capacity to secure future growth.
North Korea officials visit Iran in a rare public trip: A North Korean delegation led by the cabinet minister for international trade is visiting Iran ...
reuters.com/world/north-korea-officials-visit-iran-rare-public-trip-2024-04-23/
South Korea Property Rout Sparks Fear of Private Credit Crisis: South Korea is emerging as a closely watched weak link in the $63 trillion world of shadow ...
bloomberg.com/news/articles/2024-04-22/south-korea-property-rout-sparks-fear-of-private-credit-crisis
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.
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: Ukraine attacks Russian-occupied areas with long-range missiles from US, officials disclose
- Recently, Ukraine has started utilizing long-range ballistic missiles provided secretly by the United States. These missiles were employed to attack a Russian military airfield in Crimea last week and to bombard Russian forces in another occupied area overnight, as reported by American officials on Wednesday.
- A senior US military official stated on Wednesday that the White House and military planners thoroughly assessed the risks associated with providing long-range firepower to Ukraine and concluded that the current timing is suitable for their provision.
South Korea Early Trade Exports Rise in Positive Sign of Economic Growth: South Korea’s exports have made a brisk start to the second quarter based on early ...
bloomberg.com/news/articles/2024-04-22/south-korea-s-early-exports-rise-as-momentum-remains-strong
Paid articlePaid
South Korean court hears children's climate change case against government: South Korea's Constitutional Court began hearing on Tuesday a case that accuses the ...
reuters.com/business/environment/south-korean-court-hears-childrens-climate-change-case-against-government-2024-04-23/
Quick Glance: South Korean Court Deliberates Children's Climate Change Lawsuit Against Government
- Environmental activist Choi Jia, alongside her younger sibling Choi Heewoo, participates in a press briefing preceding the initial hearing concerning petitions asserting that the government infringed upon their human rights due to an inadequate approach to climate change.
- A public hearing regarding a lawsuit brought by twenty-four young environmental activists against the government commenced in one of South Korea's top judicial bodies on Tuesday. The plaintiffs argue that the government's negligence in addressing climate change left them unprotected.
- Maintaining that South Korea's current climate strategies fall short in containing the temperature rise to 1.5 degrees Celsius, the plaintiffs claim this breaches the state's duty to safeguard fundamental rights. Scientists caution about the dire consequences of surpassing a 1.5C temperature increase.
- During the legal proceedings, the government asserted its commitment to minimizing carbon emissions and upholding its citizens' basic rights. Nevertheless, activists expressed dissatisfaction with the government's response and urged for more concrete actions against climate change.
North Korea hacking teams hack South Korea defence contractors - police: Major North Korean hacking groups have mounted "all-out" cyber attacks against South ...
reut.rs/3U91GIM
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/
Wild Card: The Bloomberg Open, Asia Edition: Good morning. Stocks bounced back ahead of tech earnings. South Korea’s shadow banking sounds alarm ...
bloomberg.com/news/newsletters/2024-04-22/wild-card-the-bloomberg-open-asia-edition
Hyundai pauses ads on X over brand safety issues: South Korea's Hyundai said on Friday that it had paused advertising on X, formerly known as Twitter ...
reuters.com/business/autos-transportation/hyundai-pauses-ads-x-over-brand-safety-issues-2024-04-19/
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/
North Korea fires missile off east coast, South Korea, Japan say: North Korea fired a ballistic missile on Monday towards the sea off its east coast ...
reuters.com/world/asia-pacific/north-korea-fires-missile-off-east-coast-south-korea-japan-say-2024-04-22/
North Korea has fired a missile into the ocean, South Korea says: South Korea says North Korea has fired a ballistic missile off the North’s east coast ...
apnews.com/article/north-korea-missile-launch-e156b60c342cfc4ebf03e33a5a31503a
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.
Samsung execs have to work 6 days a week now: report: Samsung reportedly wasn't happy with its performance last year, so execs will be working Saturdays or ...
businessinsider.com/samsung-executives-six-day-work-week-report-2024-4
Quick Glance: Samsung Executives: New Work Schedule and Economic Challenges
- Samsung Group is introducing a six-day workweek for executives in response to economic challenges and disappointing results in 2023.
- The sudden change aims to create a sense of urgency and promote efforts to overcome the situation. The new work schedule takes effect immediately in most of Samsung's technology divisions.
- The work culture in South Korea is renowned for its intensity. In 2022, the average worker spent 1,901 hours at work.
- Recent data shows that Samsung has regained the top position in global smartphone shipments. First-quarter 2024 results are expected on April 30.
South Korea set to adjust medical reforms in bid to end walkout, say media reports
reut.rs/3vXMaHs
Quick Glance: South Korea adjusts medical school quotas to resolve walkout
- Government to let medical schools determine admissions to end junior doctor strike.
- Acceptance of proposal to reduce increase in medical school admissions by up to 50%.
- Dispute over adding 2000 more physicians by 2035, with 32 medical schools allowed to lower quotas for 2022.
- President Yoon advocates for more doctors, while protesting physicians demand better working conditions and criticize government's approach.
Russia’s North Korea Embrace Could Embolden Kim Jong Un, US Says: Russia’s “complete embrace” of North Korea could increase Kim Jong Un’s appetite for risk when ...
bloomberg.com/news/articles/2024-04-23/russia-s-north-korea-embrace-could-embolden-kim-jong-un-us-says
Paid articlePaidQuick 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 nuclear fusion reactor sets new record, and other technology news you need to know
weforum.org/agenda/2024/04/nuclear-fusion-record-technology-news-april-2024/
South Korea protests Japanese leaders' offerings to Yasukuni shrine: South Korea on Sunday protested Japanese Prime Minister Fumio Kishida's offering to Tokyo's ...
reuters.com/world/asia-pacific/south-korea-protests-japanese-leaders-offerings-yasukuni-shrine-2024-04-21/
Quick Glance: South Korea Objects to Japanese Leaders' Yasukuni Shrine Offerings
- South Korea expressed deep disappointment on Sunday over Japanese Prime Minister Fumio Kishida's offerings at the Yasukuni Shrine and urged Japanese leaders to show repentance for the country's wartime past.
- The shrine is viewed by Beijing and Seoul as a representation of Japan's historical military aggression due to its inclusion of 14 Japanese wartime leaders among the 2.5 million war dead honored there.
- The South Korean government calls on Japanese leaders to confront history and demonstrate sincere repentance, which would be a crucial step towards enhancing relations between the two countries.
- Despite progress in the South Korea-Japan relationship, particularly in security cooperation, the offerings made by Kishida and some cabinet members at the Yasukuni Shrine have sparked protests from South Korea.
South Korea's economy likely saw steady economic growth in Q1: Reuters poll: South Korea's economy likely grew 0.6% last quarter, maintaining the same pace of ...
reuters.com/markets/asia/south-koreas-economy-likely-saw-steady-economic-growth-q1-2024-04-23/
South Korean sentenced to 14 months in jail for killing 76 cats: SEOUL: A South Korean man has been sentenced to 14 months in prison for killing 76 cats in one ...
channelnewsasia.com/asia/south-korean-man-sentenced-14-months-jail-killing-76-cats-4285821
South African butts rated biggest in the world: It's bottoms up for Mzansi as we top the list of biggest booties in the world
timeslive.co.za/lifestyle/2024-04-12-south-african-butts-rates-number-1-in-the-world/
Billionaire Families Lose Hope for Tax Cut After Korean Vote: Some of the richest people in South Korea may be among the biggest losers from elections last week ...
trib.al/fKQvcMI
Quick Glance: Disappointment for Billionaire Families After Tax Reform Decision in South Korea
- President Yoon Suk Yeol faces setback in plans for inheritance tax reform.
- High inheritance tax in South Korea targets wealthy individuals and chaebols.
- Opposition party gains momentum in advocating for higher taxes on the wealthy.
- Discussions on tax reforms and their implications on businesses and the economy.
Surging Oil Prices Seen Dragging Down Won to 1,400 Per Dollar: South Korea’s won is far from bottoming out after falling to a 17-month low on Thursday ...
bloomberg.com/news/articles/2024-04-11/surging-oil-prices-seen-dragging-down-won-to-1-400-per-dollar
Paid articlePaid
Seoul studies $99K cash incentive for each child born: If implemented, it would be South Korea's most generous baby incentive ever.
straitstimes.com/asia/east-asia/seoul-studies-99k-cash-incentive-for-each-child-born
South Korea Issues Rare Warning After Won Hits 1400 Per Dollar: South Korean authorities issued a rare warning to participants in the foreign exchange market ...
bloomberg.com/news/articles/2024-04-16/south-korea-issues-rare-warning-after-won-hits-1400-per-dollar-lv24xmqh
South Korea's Last F-4E Phantoms Fire Final AGM-142 Popeye Missiles Prior To Retirement
theaviationist.com/2024/04/21/rokaf-f-4e-final-live-firing-agm142/
US and Asia allies push for new panel to monitor North Korea sanctions: The U.S., South Korea and Japan are pushing for a new multi-national panel of experts ...
reut.rs/49zEKrK
North Korea Sends Rare Delegation to Iran, Fueling Concerns of Military Cooperation
time.com/6970285/north-korea-delegation-visits-iran-military-cooperation/
North Korea, Belarus deputy foreign ministers agree to strengthen ties
reuters.com/world/north-korea-belarus-deputy-foreign-ministers-agree-strengthen-ties-2024-04-18/
Quick Glance: North Korea, Belarus strengthen ties
- North Korean officials met with a delegation from Belarus to deepen cooperation and criticized the U.S. for attempting to increase 'lawless' sanctions pressure.
- During the discussions, Belarus' Deputy Foreign Minister Evgeny Shestakov and his North Korean counterpart Lim Chun Il discussed bilateral cooperation in various sectors and mutual support on the global stage.
- Kim Son Gyong, vice minister for International Organizations of the DPRK Foreign Ministry, criticized Linda Thomas-Greenfield, the U.S. ambassador to the United Nations, for her trip to South Korea and Japan, labeling the UN sanctions against the country as 'lawless'.
- In contrast, Russia has opposed the annual renewal of the multinational panel of experts that has monitored the implementation of UN sanctions aimed at curbing North Korea's nuclear and missile programs over the past 15 years.
South Korea's LG Electronics raises $800 million dollar bond, term sheet shows: South Korea's LG Electronics has raised $800 million through a dollar bond deal ...
reuters.com/markets/asia/south-koreas-lg-electronics-plans-raise-up-1-bln-with-dollar-bonds-sources-say-2024-04-18/
U.S., Japan, Korea finance leaders launch first trilateral meeting: The United States, Japan and South Korea kicked off their first trilateral finance leaders' ...
reut.rs/3JlXJvh
It Is High Time to Engage North Korea: The alternative is to do nothing and drift into an even more serious crisis as North Korea further builds up its nuclear ...
thediplomat.com/2024/04/it-is-high-time-to-engage-north-korea/
Bank of Korea chief watching Middle East tensions for FX, growth outlook reviews: South Korea's central bank chief on Friday said odds for any further policy ...
reuters.com/markets/currencies/bank-korea-chief-watching-middle-east-tensions-fx-growth-outlook-reviews-2024-04-19/
Yoon Suk Yeol: Was South Korea’s president thwarted by a spring onion?: Yoon Suk Yeol's party failed to win a majority in Wednesday's parliamentary election.
bbc.com/news/world-asia-68786178
Quick Glance: South Korea’s ‘Luke Skywalker’ Triumphs Against President Yoon
- Former minister Cho Kuk aids in leftwing alliance's electoral victory
- Former justice minister Cho Kuk, convicted on corruption charges, played a pivotal role in the defeat of conservative President Yoon Suk Yeol in parliamentary elections.
- Cho calls for Yoon and PPP leader Han Dong-hoon, both former prosecutors, to be held accountable for abuse of power.
- The leftwing alliance narrowly missed the 200-seat mark that would have allowed them to bypass a presidential veto. Yoon now faces over three years as a lame duck, while the country heads towards more than three years of stagnation.
Political heat prods Japan, South Korea to team up on weak currencies: The success of Japan and South Korea at inserting language voicing concern over their ...
reuters.com/markets/currencies/political-heat-prods-japan-south-korea-team-up-weak-currencies-2024-04-19/
Paraguay to teach Korean as second foreign language to middle, high schoolers : Middle and high school students in Paraguay will be able to learn Korean as a ...
koreatimes.co.kr/www/culture/2024/04/517_373032.html
Exclusive: US plans to restore tariffs on dominant solar technology, sources say: The Biden administration is expected to grant a request by South Korea’s Hanwha ...
reut.rs/4cV1OUN
South Korea, Romania pledge defence cooperation amid reports of contract in works
reuters.com/world/south-korea-romania-pledge-defence-cooperation-amid-reports-contract-works-2024-04-23/
South Korea to take decisive action if needed to stabilise FX market: South Korea's finance ministry said on Friday that authorities would take immediate and ...
reuters.com/markets/asia/south-korea-finmin-take-immediate-decisive-response-fx-volatility-2024-04-19/
HYBE vs Min Hee-jin: NewJeans’ agency in conflict with parent company, CEO alleges new group Illit copied concept
cnalifestyle.channelnewsasia.com/entertainment/ador-hybe-conflict-min-hee-jin-newjeans-illit-388921
Korean Lithium Refiner Ecopro Cuts Output on Weakening EV Demand: South Korean metals refiner Ecopro Innovation Co. has cut production of lithium hydroxide used ...
bloomberg.com/news/articles/2024-04-22/korean-lithium-refiner-ecopro-cuts-output-on-weakening-ev-demand
F-4 Phantoms Conduct Final Popeye Missile Firing Before South Korea Bids Them Farewell
twz.com/news-features/f-4-phantoms-conduct-phinal-popeye-missile-live-fire-before-south-korea-bids-them-pharewell
Japan and South Korea agree to deepen trilateral ties with U.S: TOKYO (Kyodo) Japanese Prime Minister Fumio Kishida said Wednesday he and South Korean President ...
asia.nikkei.com/Politics/International-relations/Japan-and-South-Korea-agree-to-deepen-trilateral-ties-with-U.S
South African butts rated biggest in the world: It's bottoms up for Mzansi as we top the list of biggest booties in the world
timeslive.co.za/lifestyle/2024-04-12-south-african-butts-rates-number-1-in-the-world/
Quick Glance: South African Butts Rated Biggest in the World
- South Africa tops the list of the biggest butts in the world in the latest research.
- South Africa's successful athletes have won the Rugby World Cup and a mixed martial arts trophy in recent years.
- The size of the buttocks fluctuates with fashion trends, but genetics play the most significant role.
- South Africa's butts have long been a symbol of posteriors. Researchers at Gitnux evaluated the top 15 countries with the biggest buttocks, with South Africa leading the list.
Deaths From Doctor Shortage Fuel Election Angst in Korea: In March 2023, a 17-year-old girl who fell from a building in the South Korean city of Daegu died after ...
bloomberg.com/news/articles/2024-04-07/deaths-from-doctor-shortage-fuel-election-angst-in-south-korea
Paid articlePaid China now a rival rather than boon for South Korean exporters, warns minister : Seoul says tech and manufacturing sectors must adapt to rising competition
ft.com/content/49a7a751-febe-4db1-9d24-a5b99eb694dc
Quick Glance: South Korean Exporters Warn of China as Rival
- South Korea's economy needs to urgently adapt to the increasing competition from China, as the country's biggest exporters battle for market share in sectors like chips, shipbuilding, and display panels, warns the finance minister.
- The growth of South Korea's economy slowed from 2.6 percent in 2022 to 1.4 percent last year, hindered by high interest rates, China's economic slowdown, and a decline in global demand for memory chips, the country's top export.
- The country's lowest fertility rate in the world and high household debt levels as a proportion of GDP are also causing concerns for officials.
- The government recently indicated it would reverse a cut in the R&D budget for 2024 to reform the country's research and development efforts and enhance economic competitiveness.
South Korea finmin vows measures to stabilise market volatility if needed: South Korea's finance minister stepped up warnings on Monday that the government is ...
reuters.com/markets/asia/south-korea-finmin-vows-deploy-measures-stabilise-market-volatility-if-needed-2024-04-14/
Quick Glance: South Korea finance minister pledges measures to stabilize market volatility if necessary
- South Korea's finance minister warns of potential currency volatility and emphasizes the government's readiness to intervene if needed.
- He announced the extension of the fuel consumption tax cut by two months to curb inflation amid rising global geopolitical risks.
- The statements came after Iran's attack on Israel, raising the threat of a broader regional conflict.
- South Korean currency markets opened at 0000 GMT, with the government prepared to take action to address potential market volatility.
US Says Russia’s Arms Trade With North Korea Violates Sanctions: The US ambassador to the United Nations said Russia’s arms trade with North Korea breaches ...
bloomberg.com/news/articles/2024-04-17/us-says-russia-s-arms-trade-with-north-korea-violates-sanctions
Paid articlePaid LIVE: US ambassador to UN holds a news conference in Seoul: Reuters Live on X (Twitter)
twitter.com/i/broadcasts/1vOxwjAeBEvJB
India-South Korea-US Trilateral Technology Cooperation: New developments mark a turning point for the India-South Korea special strategic partnership.
thediplomat.com/2024/04/india-south-korea-us-trilateral-technology-cooperation/
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
South Korea and U.S. hold largest combined air force drills : KUNSAN AIR BASE, South Korea -- U.S. and South Korean F-35 fighter jets emit an ear-splitting ...
asia.nikkei.com/Politics/Defense/South-Korea-and-U.S.-hold-largest-combined-air-force-drills
Paid articlePaid Flex out, thrift in for Gen MZ as high cost of living hits home : Chung Ah-reum, an office worker in her mid-30s, stays away from purchasing handbags ...
koreatimes.co.kr/www/biz/2024/04/126_373139.html
South Korean Youth Activists Take Government to Court over Climate Crisis: In South Korea, a court heard from youth climate activists and their families ...
democracynow.org/2024/4/23/headlines/south_korean_youth_activists_take_government_to_court_over_climate_crisis
Asian finance officials raise ‘serious concerns’ over strong dollar: Emerging-market currencies have been under pressure from shifting US interest rate ...
ft.com/content/63c36478-8cf3-438e-91e2-97a8888773d1
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 ...
spektrum.de/news/bildungsmisere-warum-ostasien-einfach-besser-ist-bei-pisa/2203434
North Korea’s Kim says ‘now is time to be prepared for war’: State media: Kim Jong Un threatens ‘the enemy’ will be dealt with a ‘death blow’ in case of an armed ...
aljazeera.com/news/2024/4/11/north-koreas-kim-says-now-is-time-to-be-prepared-for-war-state-media
US nods to 'serious' Japan, S.Korea concerns over slumping currencies: The United States, Japan and South Korea agreed to "consult closely" on foreign exchange ...
reuters.com/markets/us-japan-korea-finance-leaders-launch-first-trilateral-meeting-2024-04-17/
North Korea tests 'super-large warhead': state media: North Korea has tested a "super-large warhead" designed for a strategic cruise missile ...
rte.ie/news/world/2024/0420/1444652-north-korea/
South Korea’s Stock Market Needs a Jump-Start. What It Will Take.: Samsung and other companies in South Korea need to shed the “Korea discount” and catch up to ...
on.barrons.com/49wEfyw
Busan International Short Film Festival returns for 41st year : While the city of Busan is famous for its sandy beaches, fresh seafood, iconic bridge and savory ...
koreatimes.co.kr/www/nation/2024/04/177_372898.html
South Korea: Is this K-drama? No, it's election night: TV networks roll out animation sequences inspired by pop culture to vie for viewership on election night.
bbc.com/news/articles/c99zjll5nwzo
Quick Glance: 'Politics That Fail': South Korea's Youth Disillusioned with Government
- Outnumbered by older voters and under-represented in parliament, South Korea's young say the political system is failing them, urging them to vote in Wednesday's election.
- The election to select the National Assembly's 300 lawmakers will mark the first time in South Korean history where voters aged 60 and older will outnumber those in their twenties and thirties.
- Politics is predominantly controlled by older men, with male MPs above 50 comprising over 75 percent of the current National Assembly. Only 5.6 percent of candidates for Wednesday's election are under 40.
- Experts attribute the low voter turnout among young people to growing dissatisfaction, as the younger generation in South Korea faces tough competition in education, limited job prospects, and exorbitant housing costs. Suicide is a prevalent cause of death for Koreans aged 10 to 39.
South Korea ordered to pay Mason Capital about $32 mln over 2015 Samsung merger
reut.rs/4auV91X
Quick Glance: South Korea to Pay Mason Capital $32 Mln for Samsung Merger
- The Ministry of Justice announced that South Korea has been instructed to pay hedge fund Mason Capital Management over $32 million.
- The dispute arose from the merger of two Samsung affiliates in 2015.
- Mason Capital's argument was partially accepted by the Netherlands-based Permanent Court of Arbitration (PCA).
- Last year, the PCA directed the South Korean government to pay U.S. hedge fund Elliott about $108.5 million in a case related to the same merger.
Earth Day 2024: South Korean environmentalists organise fashion show featuring plastic wastes
wionews.com/videos/earth-day-2024-south-korean-environmentalists-organise-fashion-show-featuring-plastic-wastes-713875
Park Choong-kwon: North Korean defector elected in South Korea: A millennial North Korean who used to develop the regime's nuclear missiles is now a South Korean ...
bbc.com/news/articles/c51n8w77z9wo
South Korea, US conduct joint air drills : Against the backdrop of North Korea is increasing its war Readiness and boosting its military Arsenal South Korea and ...
wionews.com/videos/south-korea-us-conduct-joint-air-drills-713368
Singer Rain to hold first Korea solo show in 9 years : Singer and actor Rain, also known as Jung Ji-hoon, is set to reconnect with his longtime fans by holding a ...
koreatimes.co.kr/www/art/2024/04/732_372918.html
Le Sserafim's Coachella performance sparks debate on pressure, talent management
koreatimes.co.kr/www/art/2024/04/732_372840.html
South Korean singer Park Bo-ram, known for Reply 1988 song, dies at 30: The cause of death is still being investigated by the police.
cnalifestyle.channelnewsasia.com/entertainment/park-bo-ram-reply-1988-dies-korean-singer-388351
The Looming Crisis in the South China Sea: To Avoid a Conflict With China, America Needs a Clearer Strategy
foreignaffairs.com/united-states/looming-crisis-south-china-sea
Paid articlePaidQuick Glance: Manila and China: Challenges in the South China Sea
- Tensions are rising between the Philippines and China in the South China Sea, a crucial trade route.
- The dispute revolves around the Second Thomas Shoal, part of the Spratly Islands.
- The resolute stance of the Philippines in the conflict with China has empowered Manila to enhance its national security efforts.
- Manila has effectively utilized the transparency initiative to prompt China to reduce its aggressive stance in the South China Sea.
Samsung to get $6-7 billion in chip subsidy next week for Texas expansion, sources say
reut.rs/3U9O7d5
Quick Glance: Samsung to Receive Generous Chip Subsidies for Texas Expansion
- The Biden administration plans to award Samsung between $6 billion and $7 billion to expand its chip output in Taylor, Texas.
- These subsidies will be used for the construction of four facilities in Taylor, including a $17 billion chipmaking plant, a factory, an advanced packaging facility, and a research and development center.
- The goal of the CHIPS Act is to reduce reliance on China and Taiwan, as the share of global semiconductor manufacturing capacity in the U.S. has fallen from 37% in 1990 to 12% in 2020.
- As part of the deal, Samsung plans to more than double its U.S. investments to over $44 billion without taking government loans. It was not expected for President Joe Biden to attend the event.
South Korea to invest $7 bln in AI in bid to retain edge in chips: South Korean President Yoon Suk Yeol said on Tuesday his country will invest 9 ...
reuters.com/technology/south-korea-invest-7-bln-ai-bid-retain-edge-chips-2024-04-09/
Quick Glance: South Korea's $7 Billion Investment in AI for Chip Dominance
- South Korean President Yoon Suk Yeol announced a 9.4 trillion won ($6.94 billion) investment in artificial intelligence by 2027 to maintain leadership in semiconductor chips.
- The plan includes expanding research on AI chips like neural processing units (NPUs) and high-bandwidth memory chips.
- South Korea aims to be a top three country in AI technology by 2030, capturing 10% or more of the global semiconductor market.
- President Yoon emphasized the country's ambition to create a new semiconductor legend with AI chips in the next 30 years and called for readiness in the face of uncertainties.
Korea coach wary of upstart Indonesia at Olympic football qualifiers : Korea defeated Japan 1-0 in their final group stage match at the Olympic men's football ...
koreatimes.co.kr/www/sports/2024/04/600_373247.html
Next
New to NewsWall?
Sign up now to get your own personalized news!
Trending topics