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Tag: South Korea

Posted on December 28, 2024

Political Turmoil Shakes South Korea’s Economy

After South Korea’s president and his replacement were both deposed over a failed bid to impose martial law, deepening political turmoil is threatening the country’s currency and shaking confidence in …
Posted on December 28, 2024

South Korea greenlights the world’s largest semiconductor hub

The South Korean government has greenlit the Yongin Semiconductor … Gyeonggi Province, Yongin City, Korea Land and Housing Corporation (LH). During the gathering, officials unveiled a detailed …
Posted on December 28, 2024

North Korean soldier captured by Ukraine dies from injuries, South Korea’s spy agency says

South Korea’s spy agency said Friday a wounded North Korean soldier who was captured while fighting for Russia against Ukrainian forces has since died from his injuries, the Yonhap news agency reported.
Posted on December 28, 2024

Alibaba agrees to merge South Korean operations with E-Mart’s Gmarket

Group’s AliExpress International agreed to merge its South Korean operations with E-Mart’s e-commerce platform, Gmarket, in a
Posted on December 27, 2024

PSY: Mentor to scandalised BTS member Suga roped in property scandal himself

The ‘Gangnam Style’ hitmaker PSY has landed himself in hot water just like his mentee, BTS’ Suga, as he is now the center of South Korea’s latest property scandal, where his villa had been seized by …

( read original story …)



Posted on December 27, 2024

FirstUp: South Korea vote on impeachment motion against acting president and other headlines of the day

The National Assembly of South Korea will vote on the impeachment motion of acting President Han Duck-soo. In India, the Congress will launch the ‘Jai Bapu-Jai Bhim-Jai Samvidhan’ convention to mark t …

( read original story …)



Posted on December 27, 2024

US closely watching political crisis in South Korea

A deepening political crisis in South Korea has not diminished the military readiness of 28,500 troops stationed in the Asian state, a U.S. official said on Friday, but Washington is closely …
Posted on December 27, 2024

Unemployment rate among North Korean defectors in the South increases

The unemployment rate among North Korean defectors living in South Korea jumped to 6.3 percent this year, as the sluggish economy increased joblessness among female defectors, data showed Friday.
Posted on December 27, 2024

XRP tanks in South Korea, affecting global markets as lawmakers impeach acting president Han Duck-soo

South Korea’s ongoing political upheaval continues to derail its economy and crypto markets. XRP and the local currency, the Korean won (KRW), have experienced notable drops in market value amid the …
Posted on December 27, 2024

Who is Choi Sang-mok, South Korea’s second acting president in weeks?

Finance Minister Choi Sang-mok became on Friday South Korea’s second acting president in two weeks, as lawmakers voted to impeach the current acting leader, Prime Minister Han Duck-soo, fuelling …

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