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Tag: South Korea

Posted on March 15, 2025

Rival rallies erupt in South Korea before ruling on president’s impeachment

Pro and anti-President Yoon Suk-yeol protests have gathered across South Korea’s capital ahead of a court ruling.
Posted on March 15, 2025

North Korea fires missiles as US, South Korea begin their 1st joint military exercise of Trump’s 2nd term

North Korea fired several ballistic missiles … bowed and apologized Monday over the injuries and property damage caused by the bombing, which he said “should have never happened and must never …

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Posted on March 15, 2025

(News Focus) U.S. designation of S. Korea as ‘sensitive country’ poses test to alliance

US-sensitive country WASHINGTON, March 14 (Yonhap) — The placement of South Korea on the U.S. Department of Energy’s “sensitive country” list might pose a tricky test to the bilateral alliance, …

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Posted on March 15, 2025

Choi Sang-mok to Discuss South Korea’s Temporary Trade Surplus with Trump

Choi Sang-mok to Discuss South Koreas Temporary Trade Surplus with Trump Choi Sang-mok expresses hope for improved trade relations with the U.S. during his recent media interview …
Posted on March 14, 2025

Korea’s leading SMEs collapse under heavy inheritance tax burden

LocknLock, once South Korea’s top airtight container brand, is a well-known example of a company that struggled after being sold due to inheritance tax. Founded in 1978, LocknLock became popular in …
Posted on March 14, 2025

China’s technology shares are sizzling. Just ask South Korean investors

“China’s tech share sector has been booming since the start of this year, beginning with the rise of new concepts fostered by star company DeepSeek,” Haitong Securities said in a note. “Investor …
Posted on March 14, 2025

Amid new Trump era, South Korea considers ‘plan B’ – building its own nuclear weapons

South Korea’s foreign minister told the country’s legislature Wednesday that developing nuclear weapons is not off the table
Posted on March 14, 2025

Navy Supply Ship Completes First Large-Scale Maintenance at South Korean Shipyard

A Lewis and Clark dry cargo ship departed Hanwha Ocean’s Geoje shipyard on Wednesday, marking the completion of South Korea’s first maintenance, repair and overhaul (MRO) service of an American naval vessel amid the Navy’s efforts to find yards in the Indo-Pacific to repair ships in theater.
Posted on March 13, 2025

Paradise Co to invest nearly US$400mln to build new Seoul hotel, announces financing

Paradise Co Ltd, an operator in South Korea of foreigner-only casinos, announced on Wednesday a plan to invest KRW575.0 billion (US$396.4 million) to build a new hotel in eastern Seoul’s Jangchung …

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Posted on March 12, 2025

Korea to revamp inheritance tax for 1st time in 75 years

Individual shares to be taxed separately, ending decadesold estate-based system South Korea is planning to overhaul its inheritance tax system in 2028, shifting from a tax on entire estates to a levy …

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