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Tag: South Korea

Posted on December 9, 2020

Lured by bull market, South Koreans take out record loans, piling up debt

South Korean household borrowing from banks and brokerages grew at record pace in November fueled by retail investors borrowing to buy stocks in a bull market that stands 90% higher than lows struck …

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Posted on December 9, 2020

U.S. envoy says ties with South Korea will remain strong under Biden

A senior U.S. envoy on Wednesday said the trust and alliance between Washington and Seoul will remain firm regardless of the upcoming change in administrations, South Korea’s foreign ministry said.

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Posted on December 9, 2020

North Korea says South will ‘pay dearly’ for questioning its Covid success story

North Korea lashed out at the “reckless” comments of a South Korean minister on Wednesday, after Seoul openly questioned Pyongyang’s claims to have not had a single Covid-19 case. Kim Yo-jong, the …

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Posted on December 9, 2020

South Korea questions Pyongyang’s claims to be virus-free

North KoreaThe sister of the North Korean leader Kim Jong-un has lambasted South Korea’s foreign minister for casting doubt over Pyongyang’s claim that the country has no coronavirus cases. North …

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Posted on December 9, 2020

North Korea threatens Seoul’s top diplomat over COVID-19 comments

Kim Yo Jong on Wednesday criticized the “reckless remarks” made by South Korea’s foreign minister over Pyongyang’s handling of the coronavirus and warned she would “pay dearly.” …

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Posted on December 9, 2020

Singapore fintech startup Rely secures finance facility of up to $75m

The company aims to scale its operations and forge partnerships with major retailers in Singapore, Malaysia, and South Korea.

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Posted on December 9, 2020

North Korea berates South Korea’s top diplomat for doubt over ‘zero COVID-19 cases’

North Korea lashed out at South Korean Foreign Minister Kang Kyung-wha for casting doubt over its claim that there were no coronavirus outbreaks there, warning of consequences for her “impudent” …

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Posted on December 8, 2020

U.S. Envoy Arrives in South Korea Amid Stalled Efforts to Restart Talks With the North

Washington’s top North Korea envoy arrived in South Korea on Tuesday for what is expected to be his last visit, with little prospect for restarting talks with Pyongyang before incoming U.S. President …

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Posted on December 8, 2020

Here’s what South Korea is doing to prevent a third wave of COVID-19

South Korea is imposing stricter coronavirus measures to prevent its third wave COVID-19 infections from getting out of hand. Korea registered more than 600 cases for two days in a row and fears it …

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Posted on December 7, 2020

Japan’s Uniqlo closing South Korea stores amid boycott

Big losses have forced Japanese clothing brand Uniqlo to close its stores in South Korea amid consumers’ ongoing boycott of Japanese products.

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