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Tag: South Korea

Posted on February 4, 2025

S. Korean business delegation to visit U.S. for talks on cooperation under Trump

A South Korean business delegation led by SK Group Chairman Chey Tae-won plans to visit the United States for discussions on bilateral economic cooperation under the second Donald Trump administration …
Posted on February 3, 2025

Potential offshore oil and gas prospects found in South Korea

Act-Geo reported these findings to the Korea National Oil Corp. (KNOC), indicating potential deposits ranging from 680 million barrels to 5.17 billion barrels (bbbl) of oil and gas equivalent, as …
Posted on February 3, 2025

Cold wave slashes retail property auction success rates in South Korea

Cold wave slashes retail property auction success rates in South Korea Retail space auctions struggle as economic challenges diminish buyer interest in South Korea …

( read original story …)



Posted on February 3, 2025

Bankruptcy rise puts South Korea’s IBs to test

South Korea’s prolonged economic downturn and rising corporate bankruptcies are challenging investment banks in Yeouido’s financial district this year. As demand for corporate financing rises and the …
Posted on February 3, 2025

SECDEF Hegseth Affirms U.S. Commitment to Japan, South Korea During Defense Chief Calls

U.S. Secretary of Defense Pete Hegseth made introductory phone calls on Friday to Japan Defense Minister Gen Nakatani and Acting South Korea Minister of National Defense Kim Seon-ho to reaffirm the U.
Posted on February 3, 2025

N. Korea says U.S. arms aid cannot ‘save’ S. Korea from strategic deficiency

North Korea on Sunday accused the United States of stepping up weapons aid to allies in what it called an attempt to cement its hegemonic status, saying such weapons provisions are still not sufficient to “save” South Korea from a strategic deficiency.
Posted on January 31, 2025

Who is Lee Jae-myung, South Korea’s possible next president?

W HEN SOUTH KOREA’S president, Yoon Suk Yeol, sent troops streaming into the country’s National Assembly on December 3rd, Lee Jae-myung turned on his livestream. Viewers watched on a shaky smartphone camera feed as the head of the country’s largest opposition force,
Posted on January 31, 2025

Passenger plane catches fire in South Korea prompting mass evacuation, three injured

An Airbus plane belonging to South Korean carrier Air Busan caught fire on Tuesday at Gimhae International Airport in the country’s south while preparing for departure to Hong Kong, fire authorities said.
Posted on January 30, 2025

South Korea’s Yoon draws support from casualties of cutthroat economy

CHANGWON, South Korea — Watching images of raucous street protests in Seoul on his smartphone, author Chun Hyun-woo’s eyes are drawn to the young men in the crowds yelling for South Korea’s impeached …
Posted on January 30, 2025

Officials launch investigation into cause of Air Busan fire in South Korea

South Korean officials are launching an investigation into the cause of the fire that engulfed an Air Busan passenger plane, with eyewitness accounts suggesting a power bank may have sparked the blaze …

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