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How a Brussels mayor wants to cancel a right-wing conference: The authorities in the Belgian capital tried three times to break up a high-profile meeting of ...
nzz.ch/international/wie-ein-bruesseler-buergermeister-eine-rechte-konferenz-canceln-will-ld.1826678
Quick Glance: Brussels Mayor's Battle Against Right-Wing Conference
- Authorities in Brussels attempted multiple times to dissolve a conference of right-wing politicians, inadvertently benefiting the organizers.
- Despite resistance and the mayor's intervention, the National Conservatism Conference took place in a different hotel.
- Prominent politicians like Viktor Orban and Nigel Farage discussed topics such as the nation-state and the future of Europe.
- After intense reactions and criticism, the police ordinance was lifted, and the second day of the conference proceeded without incidents.
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/
Rue Belliard redesigned: Cars still prioritised over pedestrians and cyclists: Rue Belliard is one of Brussels' busiest streets, but plans to redesign part of ...
brusselstimes.com/brussels/1006495/rue-belliard-redesigned-cars-still-prioritised-over-pedestrians-and-cyclists
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.
Orbán and Farage’s right-wing fiesta goes ahead in Brussels after big court win: The controversial gathering will continue as planned.
politico.eu/article/viktor-orban-nigel-farage-right-wing-fiesta-go-ahead-brussels-big-court-win/
Quick Glance: Brussels Police Shut Down Right-Wing Conference with Farage and Braverman
- Brussels police stormed a right-wing conference attended by Nigel Farage and Suella Braverman after orders for the event to be shut down.
- The controversial National Conservatism Conference was closed to ensure public safety.
- Despite police arriving and giving attendees 15 minutes to leave, speeches continued.
- The conference, hosted by Viktor Orban and the Edmund Burke Foundation, aimed to strengthen national conservatism principles in Western countries.
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
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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
Ireland’s Prime Minister Simon Harris Dukes It Out on TikTok: Welcome to the weekend issue of Brussels Edition, Bloomberg’s daily briefing on what matters most ...
bloomberg.com/news/newsletters/2024-04-20/ireland-s-prime-minister-simon-harris-dukes-it-out-on-tiktok
Orbán to Brussels: Time to shake up ‘bad’ EU leadership: “If the leadership proves to be bad, it must be replaced. It’s that simple,” Hungarian leader says.
politico.eu/article/hungarian-prime-minister-viktor-orban-calls-for-eu-leadership-change-at-the-upcoming-elections/
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
Russia's war: EU holds out prospect of further aid for Ukraine: Ukrainian President Volodymyr Zelensky was connected to the EU summit in Brussels via video ...
spiegel.de/ausland/eu-stellt-ukraine-weitere-hilfe-in-aussicht-a-14f20bc5-d555-43bb-aab9-20f0dae8b986
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
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
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/
Schaerbeek hostel converted into asylum reception centre: The site, closed at the end of March, has been repurposed to provide accommodation for around 100 ...
brusselstimes.com/brussels/1012825/schaerbeek-hostel-converted-into-asylum-reception-centre
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 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/
Boulevard Adolphe Max pedestrian improvements inaugurated: The pedestrian area on Boulevard Adolphe Max in Brussels is finally clear of construction vehicles and ...
thebulletin.be/boulevard-adolphe-max-pedestrian-improvements-inaugurated
Can Brussels turn the Toison d’Or into a Champs-Élysées?: The short shopping stretch from the Porte de Namur to Place Louise, known as the Toison d’Or ...
brusselstimes.com/brussels/991372/can-brussels-turn-the-toison-dor-into-a-champs-elysees
Belgium among countries with best work-life balance worldwide: In Belgium, full-time workers devote 65% of their day on average (15.5 hours) to personal care and ...
brusselstimes.com/belgium/989256/belgium-among-countries-with-best-work-life-balance-across-the-world
Recognize Palestine, Irish prime minister to tell EU leaders | DPA: Ireland's new prime minister said on Wednesday he will use his first EU summit in ...
nordot.app/1153393527614996821
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
Hidden Belgium: A lost museum in Brussels: Built in 1881, this ornate glass-roofed gallery originally had 30 shops, several theatres and a museum.
brusselstimes.com/art-culture/219297/hidden-belgium-a-lost-museum-in-brussels
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.
EU summit after attack on Israel: extension of Iran sanctions decided: Iran must be isolated internationally after the major attack on Israel ...
berliner-zeitung.de/news/nach-irans-angriff-auf-israel-eu-krisengipfel-staaten-beschliessen-ausweitung-von-iran-sanktionen-li.2207040
Brussels restaurant offers free cocktail to everyone sharing its name: A trendy Italian restaurant in Ixelles is beginning the spring season in the best possible ...
brusselstimes.com/brussels/1013538/brussels-restaurant-offers-free-cocktail-to-everyone-sharing-its-name
Highway code may change for cargo bikes: Cargo bikes, some of which can transport up to four children as well as pets and shopping, are on the rise in Brussels - ...
thebulletin.be/highway-code-may-change-cargo-bikes
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
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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
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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/
Should we take the microphone away from the right?: The example of a conference in Brussels shows: No, this only strengthens them.
profil.at/morgenpost/soll-man-rechten-das-mikrofon-wegnehmen/402861548
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
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
Brussels parks to open first 'guinguette' summer bars this weekend: The Fabiola 'guinguette' in Parc Roi Baudouin (Jette) and André in Parc de Laeken will be the ...
brusselstimes.com/brussels/1009947/brussels-parks-to-open-first-guinguette-summer-bars-this-weekend
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
China war sales to Moscow surge as UK and US ban Russian metals: The UK and US have banned certain Russian-made metals, while China's sales of war parts to ...
euronews.com/2024/04/13/ukraine-war-uk-and-us-metal-ban-china-sells-military-parts-to-moscow-russian-influence-net
Quick Glance: Russia Strikes Chernihiv: 18 Dead, Ukraine Appeals for Air Defense
- At least 18 people were killed and over 60 wounded in Chernihiv due to Russian missile strikes. Ukrainian officials emphasized that the attack could have been prevented with adequate air defense systems.
- Russia launched three Iskander cruise missiles at the city, located near the Russian border and previously encircled by Russian troops.
- Ukraine currently has three Patriot air defense systems but requires 26 for full coverage. Following appeals for more systems, Germany pledged to send an additional one.
- A $60 billion aid package for Ukraine is stalled in the US Congress, allowing Russia to exploit ammunition and air defense shortages and gain ground in the east.
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/
Belgium in bloom: Spring snaps from across the country: We asked our readers to send us their best spring photos whilst out and about over the past weeks ...
brusselstimes.com/belgium/1007065/belgium-in-bloom-spring-snaps-from-across-the-country
Brussels police shut down far-right 'NatCons' fundraiser: Brussels police are in the process of shutting down the controversial National Conservative Conference ...
brusselstimes.com/brussels/1008189/brussels-police-shut-down-far-right-natcons-fundraiser-tbtb
Statue on Brussels Place Rouppe finally gets new hand, but in wrong position: The statue's hand disappeared in mysterious circumstances in 2017 ...
brusselstimes.com/brussels/997917/statue-on-brussels-place-rouppe-finally-gets-new-hand-but-in-wrong-position
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/
Where do your taxes go in Belgium?: We all know that taxes are high in Belgium, but where does the money end up? From pensions to defence ...
brusselstimes.com/belgium/973648/where-do-your-taxes-go-in-belgium
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
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.
Exclusive: Poland focusing on EU recovery grants, law change to ramp up investments
reuters.com/world/europe/poland-focusing-eu-recovery-grants-law-change-ramp-up-investments-2024-04-15/
Quick Glance: Poland's Strategy for EU Recovery Grants and Law Change to Boost Investments
- With a little over two years left to spend European Union recovery money, Poland is firmly focusing on maximizing the smaller grants portion of the program, while viewing cheap loans as a secondary component.
- Poland is expected to receive 6 billion euros from recovery funds on Monday, and Prime Minister Donald Tusk's government is revising the national reconstruction plan to list projects and reforms aimed for approval by Brussels this month.
- To expedite investments, the Polish government is also working on amending existing laws to avoid converting all incoming euro-denominated funds into Polish zlotys, with a decision expected either this month or next.
- However, some economists caution that investor optimism regarding the inflow of funds may be excessive, especially with the upcoming Polish presidential elections next year potentially impacting the implementation of necessary reforms to ensure the continuous flow of funds.
Three Belgian cities ranked among best in Europe: "Understated Brussels" was included in the top 20 for its breathtaking architecture ...
brusselstimes.com/brussels/997602/three-belgian-cities-ranked-in-europes-top-100-brussels-among-20-best
Life-threatening knife attack in Brussels city centre
brusselstimes.com/belgium/1000965/life-threatening-knife-attack-in-brussels-tbtb
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
Majority of EU states object to capital markets reform push: France led calls to revive financial integration project to help fund Europe’s rearmament and green ...
ft.com/content/6164fb0d-634f-444b-b7e5-069c590f24ca
Are we at peak K-pop? Goldman doesn’t think so: The market thinks there’s a catch, but there might be growth potential not far away, in Japan
ft.com/content/212a87ed-adf8-4212-923d-38213d8d98be
Cancel culture comes to Brussels: Those trying to cancel the National Conservatism conference believe public life must be subjected to the policing of speech ...
politico.eu/article/cancel-culture-comes-to-brussels/
Brussels and Oslo to cooperate on CO2 capture and storage: Belgium plans to construct a CO2 pipeline offshore between Zeebrugge, Belgium, and Norwegian CO2 ...
brusselstimes.com/belgium/1007834/co2-capture-and-storage-brussels-and-oslo-to-cooperate
Belgium in Brief: What future for night trains in Europe?: Can night trains make the leap from a more niche transport mode to an airline-beating everyman’s ...
brusselstimes.com/belgium/1009878/belgium-in-brief-what-future-for-night-trains-in-europe-tbtb
Eurostar terminal in Brussels gets much-needed renovation: Seating, which is currently lacking in the Brussels terminal, will double, while facilities to buy ...
brusselstimes.com/brussels-2/1001282/eurostar-terminal-in-brussels-gets-much-needed-renovation-tbtb
Frustrated farmers are rebelling against EU rules. The far right is stoking the flames
apnews.com/article/europe-democracy-farmers-protest-green-deal-elections-a0278919b2fe47c7476c0c56ccf4850b
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
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
Le Sserafim's Coachella performance sparks debate on pressure, talent management
koreatimes.co.kr/www/art/2024/04/732_372840.html
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
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Quick 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.
Come rain or shine, the first 'guinguette' summer bars open this weekend
thebulletin.be/come-rain-or-shine-first-guinguette-summer-bars-open-weekend
EU expected to sue Germany over gas tariff, sources say: The European Commission is expected to sue Germany for charging its neighbours an extra fee for buying ...
reuters.com/business/energy/eu-expected-sue-germany-over-gas-tariff-sources-say-2024-04-17/
NewJeans Asks U.S. Court for Help Finding YouTuber in Defamation Case: The request by NewJeans is the latest effort by the K-pop industry in its struggle to stem ...
nytimes.com/2024/04/10/arts/music/newjeans-kpop-youtube-defamation-lawsuit.html
US, Japan, S. Korea finance chiefs vow to work closely on forex - The Mainichi: WASHINGTON (Kyodo) -- The finance ministers of the United States ...
mainichi.jp/english/articles/20240418/p2g/00m/0bu/006000c
Toward a China-checking Asian NATO: Last week’s US-Japan alliance bilateral summit between President Joe Biden and Prime Minister Kishida Fumio not only launched ...
asiatimes.com/2024/04/toward-a-china-checking-asian-nato/
South Korea opposition set to win election: The Democratic Party and its smaller ally are on course to strengthen their hold on parliament.
bbc.com/news/world-asia-68785969
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