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Tag: South Korea

Posted on January 19, 2021

Will more Japanese firms exit South Korea as tensions rise after ‘comfort women’ ruling?

About 45 Japanese firms left South Korea in the last financial year; Covid-19 and fears of economic retaliation by Seoul could hasten the outflow of others. Deteriorating Japan-South Korea ties will …

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Posted on January 19, 2021

Coding Whiz Kid Behind PUBG Plans IPO That Could Be South Korea’s Biggest

Kim Chang-han, a former child computer prodigy who won national coding competitions in South Korea in the 1980s, had reached his lowest point. It was 2014, and he’d just laid off a third of the …

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Posted on January 18, 2021

Watch: Samsung scion jailed for bribery in South Korea corruption scandal

Samsung scion Lee Jae-yong sent to prison after a South Korean court found him guilty in a 2016 corruption scandal. Lee to spend two and a half years in jail for bribing then-President Park Geun-hye …

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Posted on January 18, 2021

South Korean court gives Samsung scion prison term over bribery

Lee Jae-yong was sent back to prison on Monday after a South Korean court handed him a two and a half-year sentence for his involvement in a 2016 corruption scandal.

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Posted on January 18, 2021

South Korea looks to strengthen position in global autonomous vehicles market with billion-dollar investment

will bring in several state ministry/agencies together to jointly finance autonomous projects and expedite their commercialization. “The move unfolds significant opportunities and South Korea can gain …

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Posted on January 18, 2021

Myeong-dong: South Korea’s shopping hub facing big crisis amid the COVID-19 pandemic

Myeong-dong in South Korea is one of the must-see destinations when visiting the region. It has been known as the shopping hub and features local and international stores. Myeong-dong sells everything …

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Posted on January 18, 2021

Japan urges South Korea to drop wartime compensation demands

Japan’s foreign minister is accusing South Korea of worsening already strained ties by making what he called illegal demands for compensation for the sexual abuse of Korean women and use of forced lab …

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Posted on January 18, 2021

Samsung vice-chairman gets 30-month prison term in South Korea bribery trial

A South Korean court sentenced Samsung Electronics vice chairman Jay Y. Lee to two and a half years in prison, the court said on Monday, which will have major ramifications for his leadership of the t …

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Posted on January 18, 2021

South Korea’s Moon Urges Biden Admin to Follow up on Kim, Trump Summit

SEOUL (Reuters) – South Korean President Moon Jae-in said on Monday that U.S. President-elect Joe Biden should hold talks with North Korea to build on progress that President Donald Trump had made …

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Posted on January 17, 2021

Saudi Ministry of Finance inks $3b export financing pact with South Korean entities

Credit Agricole structured the landmark deal, which is Ministry’s second since July 2020 Dubai: Saudi Arabia’s Ministry of Finance has secured a $3 billion export financing facility that would also …

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