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Tag: South Korea

Posted on June 12, 2023

British man climbs 72 floors up the outside of South Korea’s Lotte Tower in Seoul

A British man made it more than halfway up the exterior of the world’s fifth tallest building Monday before he was stopped and handed to police, according to South Korean authorities.

( read original story …)



Posted on June 12, 2023

Meet the typical South Korean millennial: educated, overqualified for the job market, and part of the ‘kangaroo tribe’ that can’t afford to leave their parents’ homes

in part because they can’t buy property. In 2022, total personal-luxury-goods spending by South Koreans increased by 24%, a recent study by Morgan Stanley found, as reported in The Korea Times.

( read original story …)



Posted on June 12, 2023

Bank of Korea governor emphasises sophisticated response to growth, financial risk

The governor of South Korea’s central bank said on Monday a more sophisticated monetary policy was necessary this year, citing risk to growth and financial stability major policy factors.

( read original story …)



Posted on June 12, 2023

Investors are eyeing China’s neighbors as the recovery from ‘zero-Covid’ slows

Stock markets in South Korea, Japan and India are beneficiaries of the disappointing economic data that has clipped confidence in China.
Posted on June 12, 2023

South Korea police arrest dozens for corporate spying after probe

One particularly notable arrest involved an individual who had transitioned from working for a company in South Korea to joining a Chinese organization. The suspect is alleged to have disclosed sensitive corporate data in exchange for substantial financial …
Posted on June 12, 2023

Korea Box Office: ‘The Roundup: No Way Out’ Hits $60 Million on Second Weekend, Thumps ‘Transformers’

No Way Out” dominated proceedings at the South Korean cinema box office for the second successive weekend. Its massive haul now totals $60 million. “Transformers: Rise of the Beasts” opened with a puny second place.
Posted on June 11, 2023

South Korea police arrest dozens for corporate spying after probe, Yonhap reports

SEOUL, June 11 (Reuters) – South Korean police have arrested 77 people involved in 35 cases of suspected industrial espionage discovered during a recent nationwide investigation, Yonhap news agency reported on Sunday. Most cases only involved domestic …
Posted on June 11, 2023

Women’s Junior Hockey Asia Cup: India beat South Korea to become champions

India defeated four-time champions South Korea 2-1 to clinch their maiden Women’s Junior Hockey Asia Cup title in Kakamigahara, Gifu Prefecture, Japan on Sunday. While Annu (22′) and Neelam (41′) scored a goal each for India,
Posted on June 11, 2023

China complains to South Korean ambassador in tit-for-tat move after Seoul summoned Beijing’s envoy

A Chinese official lodged a complaint with South Korea’s ambassador to China, in a tit-for-tat move after Beijing’s envoy to South Korea was summoned last week over his comments accusing Seoul of tilting toward the United States.
Posted on June 11, 2023

Teenager who sought to derail South Korea bullet train by placing rock on railroad to be questioned

The railroad section where the rock was placed is used by high-speed trains that run at a maximum speed of up to 300kmh. Read more at straitstimes.com.

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