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Tag: South Korea

Posted on May 21, 2024

World leaders plan new agreement on AI at virtual summit co-hosted by South Korea, UK

World leaders are expected to adopt a new agreement on artificial intelligence when they gather virtually Tuesday to discuss AI’s potential risks but also ways to promote its benefits and innovation.
Posted on May 21, 2024

Record High Credit Card Loan Balances in South Korea as Economic Woes Persist

SEOUL, May 21 (Korea Bizwire) – As the South Korean public continues to grapple with high interest rates and soaring consumer prices, credit card loan balances reached an all-time high last month, …
Posted on May 21, 2024

Japan, S.Korea police chiefs confirm cooperation on tackling organized fraud

The police chiefs of Japan and South Korea have agreed to cooperate in a wide range of fields, including dealing with increasing numbers of organized fraud cases.
Posted on May 20, 2024

‘Zombie’ entrepreneurs who can’t afford to close down is on the rise in S.Korea

In South Korea, self-employed individuals who barely survived the COVID-19 pandemic are now facing an even grimmer reality. They are struggling to keep their businesses afloat amidst soaring debt, …
Posted on May 20, 2024

‘Zombie’ entrepreneurs who can’t afford to close down is on the rise in S.Korea

In South Korea, self-employed individuals who barely survived the COVID-19 pandemic are now facing an even grimmer reality. They are struggling to keep their businesses afloat amidst soaring debt, …
Posted on May 20, 2024

Should South Korea ‘scare Kim’ with US nuclear bombs? ‘China and Russia would raise hell’

A US defence analyst says South Korea should pay to refurbish some of the US’ old ‘regime killer’ nuclear bombs as a deterrent against North Korea It comes as confidence wavers in Washington’s defence commitments,
Posted on May 20, 2024

Asia Shares Touch Two-Year Top as China Plans Property Boost

Japan’s Nikkei rose 0.9% in early trade. Hang Seng futures pointed to gains and MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.25% to a two-year top with early gains in Australia and South Korea.

( read original story …)



Posted on May 20, 2024

StanChart’s Korea Troubles Deepen After Exotic Notes Backfire

Standard Chartered Plc stuck it out in South Korea’s hotly contested consumer banking market while its global rivals threw in the towel one by one. It’s now paying the price.Most Read from …
Posted on May 19, 2024

Haunting history of South Korea brings results of different leadership into focus

Here are my three significant reference points following a visit to South Korea, not least the reliance on human capital to rebuild and reach an advanced development stage.
Posted on May 19, 2024

South Korea reverses ban on overseas direct sales without KC certification in three days

The South Korean government effectively reversed a recent ban on overseas direct sales of products without KC safety certification, announcing on May 19 that it plans to restrict the importation of only those products confirmed to be hazardous by safety investigations.

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