S. Korea to lift regulations, expand support for industrial clusters | Yonhap News Agency
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| Last Updated | Jun 01 23 |
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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.
South Korean court hears children's climate change case against government
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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.
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.
Korean Air in talks to buy Boeing 777X jets, sources say: Korean Air is in talks over the purchase of at least 10 Boeing 777X jetliners in a potential tilt back ...
reuters.com/business/aerospace-defense/korean-air-talks-buy-boeing-777x-jets-sources-say-2024-04-24/
Quick Glance: Korean Air in Talks to Purchase Boeing 777X Jets
- Korean Air is in talks to purchase at least 10 Boeing 777X jets, potentially shifting back to its traditional U.S. supplier.
- Discussions with Boeing regarding the 777X, an upgraded version of the 777 mini-jumbo already in use by the carrier, are ongoing.
- Korean Air plans to acquire nearly two-thirds of smaller domestic rival Asiana for about $1.4 billion.
- The EU conditionally approved the Asiana purchase in February, stipulating that Asiana's cargo business must be divested before final approval.
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
Electronics Giant LG Debuts Dollar Bond to Finance ESG Projects: LG Electronics Inc. is selling bonds denominated in US dollars to partly help the South Korean ...
bloomberg.com/news/articles/2024-04-18/electronics-giant-lg-debuts-dollar-bond-to-finance-esg-projects
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 Korean man sentenced to 14 months in prison for killing 76 cats: A South Korean man has been sentenced to 14 months in prison for killing 76 cats in one of ...
english.alarabiya.net/News/world/2024/04/23/south-korean-man-sentenced-to-14-months-in-prison-for-killing-76-cats
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
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
North Korean hackers target South's defense sector, police say: SEOUL -- South Korean police and arms procurement authorities say North Korean hackers have been ...
asia.nikkei.com/Politics/Defense/North-Korean-hackers-target-South-s-defense-sector-police-say
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South Korean firm looks at offshore wind investment: Shipbuilding giant HD Hyundai Heavy Industries is exploring investment opportunities in Scotland.
bbc.in/3U3iHDT
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
Will 6-day work week for executives help Samsung avert crisis? Other companies may follow suit
straitstimes.com/asia/east-asia/will-6-day-workweek-for-executives-help-samsung-avert-crisis
South Korean singer Park Bo-ram dies at age 30: She was drinking at an acquaintance’s home on April 11 when she was found unconscious in the bathroom.
straitstimes.com/life/entertainment/south-korean-singer-park-bo-ram-dies-at-age-30
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/
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 LIVE: South Korean officials begin counting ballots after polls close: Reuters Live on X (Twitter)
twitter.com/i/broadcasts/1vOxwjNpkqdJB
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
Documents found on a North Korean server suggest US studios may have unknowingly outsourced animation work
cnn.com/2024/04/22/politics/us-animation-studio-sketches-korean-server/
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
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-Japan thaw could crumble if ruling party turns on Yoon: TOKYO -- With a painful defeat for South Korean President Yoon Suk Yeol's People ...
asia.nikkei.com/Spotlight/Comment/South-Korea-Japan-thaw-could-crumble-if-ruling-party-turns-on-Yoon
Paid articlePaidQuick 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.
Kim Min-jae, Lee Kang-in close to special final : A South Korean player has yet to really enjoy a final of the UEFA Champions League, the biggest club game in ...
koreatimes.co.kr/www/sports/2024/04/600_373122.html
'IU's smile made me feel super calm': Singapore students dance with K-pop star in concert
asiaone.com/entertainment/ius-smile-made-me-feel-super-calm-singapore-students-dance-k-pop-star-concert
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.
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
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US will defend Philippines from any attack in South China Sea — Biden: At White House summit with Philippines' Marcos and Japan's Kishida ...
trtworld.com/us-and-canada/us-will-defend-philippines-from-any-attack-in-south-china-sea-biden-17745332
Quick Glance: Biden criticizes Netanyahu's Gaza war approach
- President Joe Biden criticizes Netanyahu for inadequate humanitarian aid in Gaza.
- The U.S. increases pressure on Israel to achieve a ceasefire, straining the long-standing alliance.
- Disagreements over humanitarian aid and offensive plans in Rafah deepen the divide between the two countries.
- Israel slowly ramps up aid, but logistical issues and security concerns complicate deliveries.
Debt-for-nature swaps could give $100 billion boost to climate fight, says report
reuters.com/sustainability/debt-for-nature-swaps-could-give-100-billion-boost-climate-fight-says-report-2024-04-15/
Russia's denial of entry of S. Korean national unrelated to bilateral ties: Seoul official
en.yna.co.kr/view/AEN20240418007600315
Omani biologist wins top prize at Geneva inventions exhibition: The Grand Prize at the Geneva International Exhibition of Inventions has gone to Sumaiya Al ...
swissinfo.ch/eng/science/omani-bio/76094352
China, Japan, South Korea Looking to Hold Summit in May After Pause: South Korea is in talks with China and Japan to host a three-way summit in May ...
bloomberg.com/news/articles/2024-04-05/china-japan-south-korea-looking-to-hold-summit-in-may-reports-say
Paid articlePaid US envoy to UN to visit Korean border, North Korean defectors: The U.S. ambassador to the United Nations will travel to the heavily armed Korean border and meet ...
reuters.com/world/asia-pacific/us-envoy-un-visit-korean-border-north-korean-defectors-2024-04-09/
Blackpink, Le Sserafim, Ateez, The Rose: how K-pop and Korean music is becoming a core element of Coachella
scmp.com/lifestyle/k-pop/article/3259173/blackpink-le-sserafim-ateez-rose-how-k-pop-and-korean-music-becoming-core-element-coachella
South Korean retailer CJ Olive Young offers real-time translators for foreign visitors
straitstimes.com/asia/east-asia/south-korea-s-cj-olive-young-offers-real-time-translators-for-foreign-visitors
South Korean chicken joint Mom's Touch to make Japan debut in Shibuya: TOKYO -- Popular South Korean fast casual restaurant chain Mom's Touch will open its ...
asia.nikkei.com/Business/Food-Beverage/South-Korean-chicken-joint-Mom-s-Touch-to-make-Japan-debut-in-Shibuya
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Beijing slams US-Japan-Philippines summit, says South China Sea actions 'lawful' - Asia & Pacific - The Jakarta Post
thejakartapost.com/world/2024/04/13/beijing-slams-us-japan-philippines-summit-says-south-china-sea-actions-lawful.html
Quick Glance: Biden emphasizes US support for Philippines and Japan
- President Joe Biden reinforced the unwavering U.S. defense commitment to Pacific allies.
- The Philippines and China have faced repeated confrontations in the disputed South China Sea.
- The White House highlighted the significance of the first-ever trilateral summit with Japan and the Philippines as a response to China's attempts at "intimidation".
- The United States, the United Kingdom, and Japan announced joint military exercises in the Indo-Pacific for 2025.
Korea signs framework agreement to provide Ukraine with economic cooperation funds
koreatimes.co.kr/www/nation/2024/04/120_373114.html
Biden vows 'ironclad' defense of Philippines, Japan as China tension mounts - Asia & Pacific - The Jakarta Post
thejakartapost.com/world/2024/04/12/biden-vows-ironclad-defense-of-philippines-japan-as-china-tension-mounts.html
Researchers shine light on rapid changes in Arctic and boreal ecosystems: Arctic and boreal latitudes are warming faster than any other region on Earth ...
phys.org/news/2024-04-rapid-arctic-boreal-ecosystems.html
Worms in canned fish show success of environmental protection: A unique archive reveals: salmon contain more parasites today than they did 40 years ago. However ...
spektrum.de/news/parasiten-wuermer-in-dosenfisch-zeigen-erfolg-von-umweltschutz/2213110
Enhypen's Music Video Featuring Krzyżtopór Castle Hits Millions of Views: South Korean K-pop Enhypen has once again captured the hearts of millions with their ...
polanddaily24.com/enhypens-music-video-featuring-krzyztopor-castle-hits-millions-of-views/lifestyle/39979
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 ...
asia.nikkei.com/Business/Food-Beverage/South-Korean-cafe-Hollys-readies-first-Japanese-outpost-in-Osaka
Bank of Korea chief says won volatility is a little 'excessive' and will intervene if needed
cnbc.com/2024/04/17/bank-of-korea-chief-says-won-volatility-a-little-excessive-.html
HD Hyundai signs $463 million deal to build 4 warships in Peru: HD Hyundai Heavy Industries (HHI) signed a 640.6 billion won ($463 million) contract on Tuesday ...
koreatimes.co.kr/www/tech/2024/04/419_372877.html
Baseball league removes umpires from assignments for attempting to cover up missed call
koreatimes.co.kr/www/sports/2024/04/600_372744.html
Taiwanese writer was neighbours with K-drama star Song Joong-ki on Japan trip: The South Korean actor was on vacation in the Japanese resort of Karuizawa with ...
cnalifestyle.channelnewsasia.com/entertainment/song-joong-ki-japan-trip-taiwanese-writer-388046
Author delivers a South Korean education to the West: Cultural exports such as K-pop, kimchi and the Oscar-winning movie "Parasite" (2019) have wedged ...
asia.nikkei.com/Life-Arts/Books/Author-delivers-a-South-Korean-education-to-the-West
Hwang Sok-yong's 'Mater 2-10' shortlisted for 2024 International Booker Prize
koreatimes.co.kr/www/culture/2024/04/142_372401.html
Human rights group urges gov't to submit written questions to UN to protect North Korean defectors
koreatimes.co.kr/www/nation/2024/04/103_373014.html
‘We want Fu Bao back,’ Seoulites petition for loan of beloved panda: About 6,000 South Korean fans flocked to Incheon Airport on April 3 to say their goodbyes to ...
straitstimes.com/asia/east-asia/we-want-fu-bao-back-seoulites-petition-for-loan-of-beloved-panda
South Korea's Yoon vows to listen to the public after election loss: SEOUL -- South Korean President Yoon Suk Yeol, smarting from his conservative party's ...
asia.nikkei.com/Politics/South-Korea-s-Yoon-vows-to-listen-to-the-public-after-election-loss
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Mexico's Galapagos Islands: Unique Oasis Cuatro Ciénegas Dries Up: The ancient oasis of Cuatro Ciénegas is a unique ecosystem with microorganisms from hundreds ...
n-tv.de/mediathek/bilderserien/panorama/Einzigartige-Oase-Cuatro-Cienegas-trocknet-aus-article24840174.html
SEVENTEEN unveils full tracklist for album 17 IS RIGHT HERE : South Korean boy band sensation SEVENTEEN has unveiled the complete tracklist for their highly ...
wionews.com/entertainment/seventeen-unveils-full-tracklist-for-album-17-is-right-here-713379
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 ...
koreatimes.co.kr/www/nation/2024/04/113_373368.html
U.S., Japan, South Korea finance chiefs share concern for weak yen, won: WASHINGTON -- Top finance officials from the U.S., Japan and South Korea expressed ...
asia.nikkei.com/Business/Markets/Currencies/U.S.-Japan-South-Korea-finance-chiefs-share-concern-for-weak-yen-won
South Korean man jailed for throwing fake money from apartment’s window: The defendant is deeply remorseful of his crimes.
straitstimes.com/asia/east-asia/south-korean-man-jailed-for-throwing-fake-money-from-apartment-s-window
Mongolia to Strengthen Tourism and Creative Industry Ties With South Korea: As showcased in the Mongolian prime minister's recent visit, Mongolia sees South ...
thediplomat.com/2024/04/mongolia-to-strengthen-tourism-and-creative-industry-ties-with-south-korea/
Latest Biden chip deal highlights U.S. semiconductor successes: Samsung is the latest beneficiary of Washington’s efforts to shore up precarious supply chains ...
japantimes.co.jp/business/2024/04/19/tech/us-chips-act-analysis/
South Korean singer and actor Cha Eun-woo on his new solo album and kissing a dog for a TV show
cnalifestyle.channelnewsasia.com/entertainment/cha-eun-woo-singapore-fan-meet-388406
Lee Jong-suk considers Disney+’s One Second, Ji Chang-wook may join Ma Dong-seok in Twelve - Korean drama casting latest
scmp.com/lifestyle/k-pop/k-drama/article/3259583/lee-jong-suk-considers-disneys-one-second-ji-chang-wook-may-join-ma-dong-seok-twelve-korean-drama
K-pop's latest sensation Ateez harbors Super Bowl dreams: This article was originally published in Japanese in Nikkei Entertainment!, a monthly magazine and part ...
asia.nikkei.com/Business/Media-Entertainment/K-pop-s-latest-sensation-Ateez-harbors-Super-Bowl-dreams
Paid articlePaid South Korean tiremakers eye EV market for new growth: SEOUL -- South Korean tiremakers are setting their sights on electric vehicles as demand for original and ...
asia.nikkei.com/Business/Automobiles/South-Korean-tiremakers-eye-EV-market-for-new-growth
U.S. and S. Korea to meet on American troop costs this week | The Asahi Shimbun: Breaking News, Japan News and Analysis
asahi.com/ajw/articles/15242292
South Koreans go to the polls for parliamentary election in test for President Yoon
go.france24.com/7Ve
Additional tickets for K-pop star IU's Singapore concerts to go on sale on Apr 18
cnalifestyle.channelnewsasia.com/entertainment/iu-singapore-concert-additional-tickets-388676
K-dramas 'Queen of Tears' and 'Parasyte: The Grey' top Netflix Global 10: There's no overlooking the captivating phenomenon that is tvN's "Queen of Tears" ...
thedailystar.net/entertainment/tv-film/news/k-dramas-queen-tears-and-parasyte-the-grey-top-netflix-global-10-3589726
I'm adopted and wasn't interested in exploring my South Korean heritage. That changed in 2020
abc.net.au/everyday/luke-bowden-adopted-reconnecting-south-korean-heritage/103644108
South Korean Party Pledges Access to US Bitcoin ETFs in Race for Votes: Campaigning in South Korea’s parliamentary election has underlined the nation’s status as ...
trib.al/GUSlFdy
South Korean man who assaulted woman for having short hair gets 3 years in jail: He accused the victim of being a feminist based on her short hair and said ...
straitstimes.com/asia/east-asia/south-korean-man-who-assaulted-woman-for-having-short-hair-gets-3-years-in-jail
South Korean man who attacked ‘feminist’ shop worker over short hair jailed for 3 years
scmp.com/week-asia/article/3258484/south-korean-man-jailed-3-years-attacking-feminist-shop-worker-over-short-hair
Chemicals Tycoon Debuts On Korea’s Wealth Ranking As Semiconductor Demand Surges: Chung Ji-wan’s company, Soulbrain, makes chemicals needed in the ...
forbes.com/sites/johnkang/2024/04/17/chemicals-tycoon-debuts-on-koreas-wealth-ranking-as-semiconductor-demand-surges/
Elections reveal a growing gender divide across South Korea: While many other developed countries are observing a similar phenomenon, experts say South Korea's ...
npr.org/2024/04/10/1243819495/elections-reveal-a-growing-gender-divide-across-south-korea
Yellowstone’s Wolves: A Debate Over Their Role in the Park’s Ecosystem: New research questions the long-held theory that reintroduction of such a predator caused ...
nytimes.com/2024/04/23/science/yellowstone-wolves-elk-bison-climate-change.html
South Korean parties target 'semiconductor belt' ahead of election: SEOUL -- With South Korea's parliamentary election less than a week away ...
asia.nikkei.com/Spotlight/South-Korea-election/South-Korean-parties-target-semiconductor-belt-ahead-of-election
Paid articlePaid E-Junkies: Cha Eun-woo says juggling K-pop idol and acting career is 'a little bit difficult'
asiaone.com/entertainment/e-junkies-cha-eun-woo-juggling-k-pop-idol-acting-career-little-bit-difficult-just-one-10-minute-viu
South Korea stocks see record foreign buying on appetite for chips: SEOUL -- South Korean stocks saw net purchases by foreign investors triple on the year in ...
asia.nikkei.com/Business/Markets/South-Korea-stocks-see-record-foreign-buying-on-appetite-for-chips
Paid articlePaid South Korean parties target 'semiconductor belt' ahead of election: SEOUL -- With South Korea's parliamentary election less than a week away ...
asia.nikkei.com/Spotlight/South-Korea-election/South-Korean-parties-target-semiconductor-belt-ahead-of-election
Paid articlePaid
Philippines plans ambitious exercise with U.S. as concerns over China grow: In the military exercise, U.S. and Philippine troops will perform joint operations ...
washingtonpost.com/world/2024/04/17/philippines-balikatan-joint-military-exercise/
Giants' Lee Jung-hoo scores run in home debut; Padres' Kim Ha-seong goes hitless in Korean duel
koreatimes.co.kr/www/sports/2024/04/600_372203.html
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