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Tag: South Korea

Posted on May 11, 2023

South Korea will be vulnerable to North’s drones for years, leak warns

An incursion late last year exposed extensive weaknesses and shortcomings in South Korea’s air defense, U.S. intelligence indicates.
Posted on May 11, 2023

The Navy Is Loudly Sending a Silent Boomer Submarine to South Korea

Following an April 26 state visit by South Korean president Yoon Suk-yeol, officials in Washington announced that one of the U.S. Navy’s Ohio-class ballistic missile submarinesb
Posted on May 11, 2023

Coffee chain Tim Hortons to open stores in South Korea

North American coffee shop chain Tim Hortons will enter the retail market in South Korea later this year, its parent company Restaurant Brands International said in a statement on Wednesday.
Posted on May 10, 2023

South Korea freezes US$176 mln of Terraform CEO Do Kwon’s domestic assets

A South Korean court has approved prosecutors’ request to freeze assets and properties worth 233.3 billion Korean won that belong to Kwon.

( read original story …)



Posted on May 10, 2023

Japan, South Korea partnership funds to go to chips, energy

Top business leaders from Japan and South Korea will use a fund meant to underscore the two countries’ burgeoning ties to strengthen their cooperation in energy, industry and other sectors …
Posted on May 10, 2023

There’s fierce competition in South Korea’s e-commerce market, analyst says

Bokyung Suh of Bernstein says there are 100 e-commerce players and 600,000 merchants providing “cheaper and cheaper deals.”
Posted on May 10, 2023

Venture capital investments have fallen globally, including South Korea, minister says

Lee Young, South Korea’s minister of SMEs and startups, discusses government plans to increase venture capital investments in the country.
Posted on May 10, 2023

Seoul property market hits an unusual cool patch

A unique method of investing in property market in South Korea and the Bank of Korea’s interest rate cycle is putting the Seoul market under pressure, according to Yoona Choi of Knight Frank.

( read original story …)



Posted on May 10, 2023

Westminster High students headed to South Korea for drone soccer tournament

Eight Colorado students will soon travel all the way to South Korea to represent the U.S. for the first time ever at the World Drone Soccer Championships.
Posted on May 10, 2023

Webtoons Are South Korea’s Latest Viral Cultural Export

A distinctive form of digital comic book is becoming a powerful driver of global culture.

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