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Tag: South Korea

Posted on May 3, 2024

A North Korean refugee offers a different view of his home country from the other side of the DMZ

Each year, thousands of tourists visit the demilitarized zone that separates North and South Korea. Now a North Korean defector is guiding tourists and offering his view of what it is actually like to …
Posted on May 3, 2024

Amid tensions, South Korea defense ministry assures military readiness at DMZ

DMZ, South Korea—Concerns continue to mount in the Korean Peninsula more than a week after the reported release of several short-range ballistic missiles by North Korea towards its east coast.
Posted on May 3, 2024

South Korea to slap fines on food suppliers for ‘shrinkflation’

SEOUL, May 3 (Reuters) – South Korea’s antitrust regulator said on Friday food makers and suppliers will be required to notify shoppers if they reduce the size of their products or face fines of up to …
Posted on May 3, 2024

South Korea’s Biggest Internet Firm Considers Future in Japanese Messaging App

(Bloomberg) — Naver Corp., South Korea’s biggest internet company, is reviewing options for its holding in the operator of Japan’s most popular messaging app following pressure from Tokyo. Most Read …
Posted on May 3, 2024

The K-Content Media Channel ‘KITTO’ Planning for an Official Launch in Thailand

‘KITTO’, a platform aimed at the dissemination of Korean lifestyle and cultural phenomena, has declared its formal debut in Thailand. (Photo: KITTO, kakaostyle Corp.) SEONGNAM, South Korea– ( …
Posted on May 3, 2024

S. Korea launches pan-gov’t task force on price inflation of everyday items

the finance ministry said. The launch of the new entity came as inflationary pressure in South Korea remains high due mainly to high prices of fruits and other farm produce, as well as energy, amid …
Posted on May 2, 2024

South Korea raises diplomatic alert levels citing North Korea threats

SEOUL, May 2 (Reuters) – South Korea’s foreign ministry on Thursday raised the terrorism alert level for five diplomatic offices in the region citing intelligence that North Korea may attempt to harm …

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Posted on May 2, 2024

Japan and South Korea are struggling with old-age poverty

A South Korean on the OECD ’s poverty line earns almost $22,000. That is still more than an average salary in Mexico. And this does not take into account asset wealth such as property. Still, in South …

( read original story …)



Posted on May 2, 2024

Credit Suisse may face $36 mln fine over S.Korea short-selling, says Chosun Ilbo

South Korea’s financial authorities have notified Credit Suisse AG it could face 50 billion won ($36.32 million) in fines over allegations it breached short-selling rules, South Korea’s Chosun Ilbo …
Posted on May 2, 2024

Credit Suisse may face $36 mln fine over S.Korea short-selling, says Chosun Ilbo

South Korea’s financial authorities have notified Credit Suisse AG it could face 50 billion won ($36.32 million) in fines over allegations it breached short-selling rules, South Korea’s Chosun Ilbo …

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