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Tag: South Korea

Posted on December 21, 2023

S. Korea to enhance monitoring, extend logistics support over Red Sea crisis

SEOUL, Dec. 21 (Yonhap) — South Korea will enhance monitoring of the impact of simmering tensions in the Red Sea over a wave of attacks on vessels and support corporate logistics costs, the finance …
Posted on December 21, 2023

S. Korea to enhance monitoring, extend logistics support over Red Sea crisis

SEOUL, Dec. 21 (Yonhap) — South Korea will enhance monitoring of the impact of simmering tensions in the Red Sea over a wave of attacks on vessels and support corporate logistics costs, the finance …
Posted on December 20, 2023

South Korea’s Financial Regulations Chief to Meet SEC Chairman Gensler Next Month: Report

The two aim to strengthen cooperation on crypto regulations before South Korea’s new crypto laws go into effect next year.
Posted on December 20, 2023

Korean asset managers’ bets on office buildings are going from bad to worse

Banks and asset managers are expecting a wave of bad loans to hit South Korea in the coming months, as the country counts the cost of an ill-starred splurge on overseas office blocks and local …

( read original story …)



Posted on December 19, 2023

South Korean engineer combats bedbug crisis with blockchain technology—here’s how

In response to a sudden surge in bedbug infestations across South Korea, 29-year-old blockchain engineer Kang Jae-gu has taken a groundbreaking approach, leveraging blockchain technology to map and …
Posted on December 19, 2023

North Korea fires most powerful long-range missile after South Korea-US meeting

North Korea has fired its most advanced long-range missile, South Korean authorities confirm, defying UN curbs. The launch of the solid-fuel intercontinental ballistic missile drew immediate condemnation from the West.
Posted on December 18, 2023

What to Know About the Chaebol Families That Dominate South Korea’s Economy

Conglomerates that sprawl across the society trace their roots to the nation’s rise into a world power and have been tightly controlled for generations.
Posted on December 18, 2023

Family Split at LG, a South Korean Giant, Tests Corporate Succession

A lawsuit pitted the former chairman’s widow and daughters against the son he adopted, challenging the patriarchal traditions of a $10 billion conglomerate.
Posted on December 18, 2023

Gyeongbokgung graffiti suspect turns himself for ‘copycat’ vandalism in South Korea

Police are still looking for two suspects who had vandalised the walls of the palace on Dec 16. Read more at straitstimes.com.

( read original story …)



Posted on December 18, 2023

EXPLAINER-What are solid-fuel missiles, and why is North Korea developing them?

North Korea test-fired a intercontinental ballistic missile (ICBM) powered by solid fuel on Monday, South Korean officials said, in what would be the third such test this year to boost capabilities …

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