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Tag: South Korea

Posted on April 29, 2022

SK beats Hyundai Motor, becomes second-largest company in South Korea

SK Group has secured second place in South Koreas Fair Trade Commission (FTC) list of biggest companies in terms of assets. It was previously the third-largest chaebol in the country, but it outpaced …

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Posted on April 28, 2022

South Korea Business Confidence Improves In April – BoK

Business confidence in South Korea showed an uptick in April, the Bank of Korea said on Thursday in its latest Business Survey Index, …

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Posted on April 28, 2022

Biden to visit South Korea and Japan in May, White House says

U.S. President Joe Biden will visit South Korea and Japan from May 20 to May 24 and hold talks with his Korean and Japanese counterparts, the White House said on Wednesday.

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Posted on April 28, 2022

South Korea Shares May See Mild Upside On Thursday

The South Korea stock market headed south again on Wednesday, one session after snapping the two-day slide in which it had slumped …

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Posted on April 28, 2022

Singapore’s Digital Edge Is Investing $791 Million To Build South Korea’s Largest Data Center

Singapore-based data center company, Digital Edge is investing 1 trillion won or $791 million to build a 120-megawatt (MW) facility that will be South Korea’s largest data center when it’s completed …

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Posted on April 28, 2022

Biden going to SKorea, Japan in May to discuss China, NKorea

President Joe Biden will travel next month to South Korea and Japan, his first trip to Asia since taking office last year, to consult with allies on growing threats from China and North Korea.

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Posted on April 27, 2022

South Korea’s KT Exploring Sale of Stake in Cloud Business, Sources Say

KT Corp. is considering a sale of a minority stake in its newly-created cloud unit, people familiar with the matter said, a move that would help the South Korean telecommunications group raise cash …

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Posted on April 27, 2022

South Korea’s DJ Soda says she was kicked off US flight for ‘f*** you’ sweatpants deemed ‘offensive’

A popular South Korean DJ claimed that she was “suddenly kicked out” of a flight just before her departure to Los Angeles from New York, and forced to take off her sweatpants because they were deemed …

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Posted on April 26, 2022

(2nd LD) S&P keeps ‘AA’ rating on S. Korea with stable outlook

Global credit appraiser S&P Global Ratings said Tuesday it has maintained its credit rating on South Korea at “AA,” with a stable outlook. S&P has kept South Korea’s long-term sovereign credit rating …

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Posted on April 26, 2022

South Korea key for Europe to manage fallout from China-U.S. rivalry, report says

Closer ties between the European Union and South Korea under President-elect Yoon Suk-yeol are imperative for managing China’s rising power and the increasing rivalry between Beijing and Washington, …

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