Search result for Korea
Netflix South Korean drama The Fabulous, starring Chae Soo-bin and Minho, which is a shallow story about the fashion industry that needs some alterations.
When high culture and high jinks meet, the result is incandescent. Starring Chae Soo-bin and Minho of the K-pop boy band Shinee, The Fabulous is a drama about young professionals. This new Netflix original series follows in the footsteps of Sex and the City in its emphasis on hedonism and materia...
Under fire, Korea's pension fund looks to international stocks for growth.
South Korea's state pension fund is increasing its investments in overseas companies in response to increased pressure to improve returns amid worries that the fund could deplete sooner than projected as a result of fast demographic shifts. On Friday, the pension service's budget committe...
Losses in global foundry sales in 2023 will hurt Taiwan and South Korea.
This year is expected to be a down year for revenues in the worldwide contract chipmaking industry, also known as foundries, as demand for sophisticated chips, which have strengthened the technology-driven economies of Taiwan and South Korea, rapidly cools. Foundry sales are forecast to drop by 4...
Important lessons from loosening regulations for foreign investment
To attract international investment, banking regulators in South Korea have unveiled a new set of rules, one of which is the elimination of the country's decades-old investor registration system. As of the end of June 2022, foreign investors own around 30.7% of the local stock market, as repo...
Sales of global foundries are expected to fall in 2023, hurting Taiwan and South Korea in particular.
The advanced chips that have strengthened the economies of Taiwan and South Korea through technological innovation have seen a sharp decline in demand, and foundry revenues around the world are expected to plummet as a result. Foundry sales are predicted to fall by 4% in 2023 from 2022, according...
Researchers propose a novel approach to lessen garment discards.
On Wednesday, the Korea Research Institute of Chemical Technique announced the development of the world's first technology to recycle textile waste by turning unwanted fiber into useable materials. To separate recyclable components from textile waste, a team of scientists lead by KRICT senior...
In Nigeria, Daewoo E&C has opened a new construction instruction facility.
Daewoo E&C, a construction firm in South Korea, announced on Friday that as part of a community service initiative, it has opened a vocational school to educate future generations of welding and scaffolding specialists. Daewoo E&C announced that it has opened a training center in Nigeria,...
The Korean Stock Market Is Expected to Raise in 2023, and You Need to Know How to Invest in It.
This closed-end fund has outperformed its benchmark over the past decade and trades at a significant discount of almost 15%. The expense ratio is also reasonable. When compared to international stock markets, Korean stocks have a forward price-to-earnings ratio that is relatively low. In addition...
Threat from North Korea's missile testing, nuclear ambitions cited by South Korean leader
South Korean President Yoon Suk Yeol warned Tuesday that North Korea's increasing number of missile tests, its developing nuclear goals, and other provocative activities represent a major threat that might lead to a disastrous miscalculation and trigger a wider confrontation. While playing do...
Players in South Korea's electric vehicle battery market are aiming for the world's best.
Puddles of all sizes could be seen all over the ground around a massive steel structure that was thickly embedded with millions of steel beams because of the rain that had wetted most of the clay soil on the ground. Nonetheless, many of the 800 engineers and construction employees had shown up fo...
The initial shipment of Pfizer's Covid-19 pills has arrived in South Korea.
On Thursday, Pfizer started shipping its antiviral Covid-19pills to South Korea for use on individuals with moderate or severe symptoms. To combat what could be another outbreak of diseases caused by the highly contagious omicron variety, health officials have hailed the Paxlovid pills as a poten...
Response Strategies Developed by China and Korea Against COVID-19
After receiving a report from the Central Disease Control Headquarters titled "The COVID-19 Trend in China and Response Plan," the Central Disaster and Safety Countermeasures Headquarters (CDSCHQ) discussed the implications of the epidemic (headed by Korea Disease Control and Prevention...
The IPO for SK Pharm TECO has been delayed until 2024.
On Wednesday, key officials from the firm and SK affiliates indicated that owing to market volatility, the IPO of SK pharm TECO, a California-based contract research and manufacturing organization under Korean conglomerate SK Inc., will be delayed at least until 2024. CEO of SK pharm TECO Joerg A...
The Korean government is pursuing third-party reparations for Japan's wartime atrocities.
Reparations for Koreans who were forced into war labour by Japanese colonial authorities between 1910 and 1945 have been all but abandoned by the Korean government. A representative of the Ministry of Foreign Affairs said on Thursday during an open forum on the issue at the National Assembly in S...
South Korea will extend its quarantine period for people with Covid.
On Friday, Prime Minister Han Duck-soo said that South Korea would extend the current seven-day quarantine mandate for Covid-19 patients for four more weeks. This is because to concerns that easing the obligation could hasten a reappearance of the virus. Han stated in a virus response meeting tha...
When new cases of COVID-19 appear, South Korea increases its booster injections.
As new cases of COVID-19 start popping up all throughout South Korea, health officials there are deciding to offer booster doses to everybody aged 50 and up. The 40,226 new cases recorded on Wednesday were the biggest daily increase in over two months, despite constant numbers for both hospitaliz...
For the purpose of justifying its recent restrictions on Chinese tourists, South Korea has released some startling Covid figures.
On Tuesday, South Korea responded to criticism that its Covid limitations for Chinese tourists amount to "discrimination" by noting that more than half of its imported cases originate in China. Deputy head of the Korea Disease Control and Prevention Agency Seung-ho Choi told CNBC that u...
The use of drones by the South Korean military in an attack on the North was justified as a "exercise in self-defence,"
On Monday, the opposition party claimed that South Korean drones dispatched to North Korea violated the inter-Korean peace. The military, however, said that the South was only exercising its right to self-defence. Five North Korean drones violated a 2018 military deal agreed between the two sides...
As traditional marketing agencies see a decline in demand, big names are moving into the NFT space to maintain competitiveness.
By 2022, South Korea's NFT market is predicted to be worth $938.6 million, a 47.3% annual increase from 2017. Consistent expansion of the NFT market is anticipated over the projected period, with a CAGR of 33.8% from 2022-2028. The value of national expenditures on next-generation financial t...
Get the look of the most fashionable Koreans with the help of these apps.
"My first impression is that Korean people are incredibly fashion-forward," Sofa Basuto, an American exchange student at Korea University, remarked. However, if you start looking, you'll notice that everyone is wearing very similar clothes and sticking to a narrow colour palette. Ma...