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Tag: South Korea

Posted on March 29, 2023

S. Korea’s Black Eagles aerobatic team to join air show in Malaysia

SEOUL, March 29 (Yonhap) — The South Korean Air Force’s Black Eagles aerobatic team plans to participate in a biennial air show in Malaysia in May, the armed service said Wednesday. The team will join the Langkawi International Maritime and Aerospace …
Posted on March 29, 2023

North Korean hackers using stolen crypto to mine more crypto via cloud services: Report

Although its main activity was spying on South Korea, Mandiant found that APT43 was likely engaged in raising funds for the North Korean regime and funding itself through its illicit operations.
Posted on March 28, 2023

Korea’s Top Financial Watchdog Vows to Stop Wider Loan Failures

The slump in South Korea’s property market may lead to defaults on project-financing loans, but policymakers have put in place measures to cope following an unexpected credit crunch last year, …

( read original story …)



Posted on March 28, 2023

South Korea’s ‘Three Axis’ Defense System Is in Trouble

A Republic of Korea F-15K Slam Eagle assigned to the 102nd Fighter Squadron lands after flying a training mission during Buddy Squadron 23-2 at Osan Air Base, South Korea, Mar. 8, 2023. South Korea’s “Three Axis” deterrence system is in trouble.
Posted on March 28, 2023

The Air Force Overpaid Service Members in South Korea by $2.3 Million, But Won’t Make Them Return the Money

Nearly 8,000 airmen stationed in South Korea will not have to pay back more than $2 million worth of overpayments issued last year, the Air Force has decided. Between March 1, 2022, and Nov. 30, 2022, 7,800 airmen stationed at 11 locations throughout South …
Posted on March 28, 2023

Activist investors smoke out South Korea’s undervalued companies

Ginseng is renowned in Asian medicine for its health-giving properties — but a prominent South Korean activist investor thinks his top target would help shareholders by giving it up. Lee Sang-hyun, …

( read original story …)



Posted on March 28, 2023

North Korean Defectors Are Dying Lonely Deaths in Wealthy South

After fleeing the reclusive nation in the early 2000s, she soon became a success story for South Korea’s resettlement program — even counseling other defectors on how to transition to life in a modern nation.
Posted on March 28, 2023

Terra cofounder Daniel Shin targeted for arrest again in South Korea’s crypto crackdown

South Korean prosecutors are doubling down on efforts to arrest Terra’s Daniel Shin, following fraud charges against Terraform Labs cofounder Do Kwon.
Posted on March 28, 2023

The South Korea-Japan Forced Labor Deal Is a Shambles

Washington should stop trying to force Seoul and Tokyo together Argument: The-Japan Forced Labor Deal Is a Shambles Create an FP account to save articles to read later and in the FP mobile app. Sign Up ALREADY AN FP SUBSCRIBER?
Posted on March 27, 2023

SK On announces plan for precursors joint vernture in South Korea

SK On, cathode material company EcoPro, and Chinese battery material manufacturer GEM are building a production plant for precursors for electric car batteries. The site should be completed by the end …

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