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Tag: South Korea

Posted on March 7, 2025

South Korea court paves way for President Yoon’s release from jail

A South Korean court cancelled impeached President Yoon Suk Yeol’s arrest warrant on Friday, potentially paving the way for his release from jail while he faces trial on insurrection charges over a …
Posted on March 7, 2025

South Korea urged to adopt bitcoin reserve, won-backed stablecoin amid Trump crypto push

SEOUL: South Korea should consider integrating bitcoin into its national reserves and issuing a won-backed stablecoin, financial experts and industry leaders said at a forum on Thursday (March 6).
Posted on March 7, 2025

Casualties in South Korea Fighter Jet Misfire Raised to 29, Yonhap Says

SEOUL (Reuters) – The number of people injured after South Korean fighter jets accidentally dropped bombs on a civilian area on Thursday increased to 15 civilians and 14 soldiers, the Yonhap News Agency said on Friday, citing the country’s defence ministry.
Posted on March 7, 2025

SBI denies report it is negotiating with SK Hynix, UMC on Japan chip plant

SBI Holdings denied a Nikkan Kogyo newspaper report that it is negotiating with South Korea’s SK Hynix and Taiwan’s UMC about collaboration on a chips plant in Miyagi prefecture. The report is not …
Posted on March 7, 2025

Trump says South Korea wants to invest in the Alaska gas pipeline. Does it?

Some officials in South Korea say agreeing to the pipeline investment might placate the U.S., but Trump is still threatening tariffs.
Posted on March 7, 2025

Finance tycoon overtakes Samsung’s Lee as richest South Korean

Cho Jung-ho’s rise to South Korea’s uber rich list stands out in a country where inherited fortune largely defines wealth. Read more at straitstimes.com.
Posted on March 7, 2025

Russell Westbrook Had Special Gift for Fan Who Traveled From South Korea to See Him Play

Russell Westbrook gave his game-worn jersey to a fan who traveled all the way from South Korea to watch him play after the Nuggets’ win vs. the Kings.
Posted on March 7, 2025

SBI negotiating with SK Hynix, UMC on Japan chip plant collaboration, report says

SBI Holdings is negotiating with South Korea’s SK Hynix and Taiwan’s UMC about collaboration on a chips plant the financial firm is planning in Japan’s Miyagi prefecture, Nikkan Kogyo newspaper …
Posted on March 6, 2025

Samsung’s executive chairman set to lose title as South Korea’s richest person

Meritz Financial Group chairman Cho Jung-ho is now in second spot with a net worth of US$8.5 billion. The company’s market value has surged more than 100 times since its 2011 IPO to US$16 billion.
Posted on March 6, 2025

Samsung Electronics’ union in South Korea approves 5.1% wage hike

Samsung Electronics’ main union in South Korea voted in favour of a wage increase deal on Wednesday, the company said.

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