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Tag: South Korea

Posted on July 4, 2021

K-pop classes now in schools as music’s boom becomes growth industry in South Korea

Dozens of children repeat after their instructor’s dance moves to K-pop group NCT Dream’s latest song “Hot Sauce,” as sweat drips from their foreheads.

( read original story …)



Posted on July 4, 2021

S. Korea to sell 2 trillion won of Treasury bills in July

South Korea will sell 2 trillion won worth of Treasury bills with a maturity of 63 days in four separate auctions this month to repay maturing debt. With the sale, South Koreas outstanding amount of …

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Posted on July 3, 2021

South Korea can seek extradition linked to 2014 ferry sinking: US judge

A US judge on Friday (Jul 2) said a South Korean man wanted on embezzlement charges related to a 2014 ferry sinking that killed 304 …

( read original story …)



Posted on July 3, 2021

North Korea’s emphasis on state industries could hurt economy, analyst says

North Korea’s state-owned enterprises only had a small role in economic development after the Great Famine of the ’90s, according to new South Korean analysis.

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Posted on July 3, 2021

Shinsegae Acquires eBay Korea In $3 Billion Deal As E-Commerce Booms

The South Korean retail giant, led by a daughter of Samsung’s founder, has acquired eBay’s Korean business in a move to win market share in the country’s increasingly competitive e-commerce market.

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Posted on July 3, 2021

South Korea can seek extradition linked to 2014 ferry sinking -U.S. judge

A U.S. judge on Friday said a South Korean man wanted on embezzlement charges related to a 2014 ferry sinking that killed 304 people, mainly high school students, is subject to extradition to his home …

( read original story …)



Posted on July 2, 2021

ABS-Classed BOTAS FSRU is Delivered to Turkey

The ABS-classed Floating Storage and Regassification Unit (FSRU) for BOTAŞ Petroleum Pipeline Corporation (BOTAS) has been delivered from South Korea. Built by Hyundai Heavy Industries in accordance …

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Posted on July 2, 2021

Moon Jae-in requests overhaul in South Korea’s military after woman’s death

South Korean President Moon Jae-in called for “fundamental improvements” in his country’s military during an appointment ceremony for Gen. Park In-ho.

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Posted on July 2, 2021

South Korea Inflation Hovers Near 9-Year Peak, Stoking Rate-Hike Expectations

Consumer inflation in South Korea stayed above 2% in June for the third consecutive month, hovering near a nine-year peak, adding pressure on policymakers to raise interest rates sooner rather than …

( read original story …)



Posted on July 2, 2021

South Korea Inflation Hovers Near 9-Year Peak, Stoking Rate-Hike Expectations

Consumer inflation in South Korea stayed above 2% in June for the third consecutive month, hovering near a nine-year peak, adding pressure on policymakers to raise interest rates sooner rather than …

( read original story …)



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