S. KOREA PRESIDENT INSTRUCTS CHIEF OF KDCA TO LEAD COVID-19 VACCINE PROGRAM

Highlights –

• S. Korean President instructs Chief of KDCA to lead COVID-19 vaccine program.
• KDCA Commissioner briefed Moon on her plans to administer vaccinations through a pan-government program.
• The Blue House reported the vaccinatio...

SOUTH KOREA STOCKS ENDED LOW OVER INVESTORS BOOKING PROFITS

Highlights –

• South Korea stocks ended low over investors booking profits.
• The KOSPI fell 64.03 points or 2.03 percent.
• Samsung Electronics stocks fell 1.9 percent to 88,000 won.
• LG Chem stocks ended at 3.07 percent to 979,0...

SAMSUNG DEBUTS NEW GALAXY S21 SERIES PHONES FEATURING BTS, LEENALCHI

Highlights –

• Samsung debuts new Galaxy S21 series phones featuring BTS, Leenalchi.
• The new Galaxy S21 series comes in three models.
• The standard Galaxy S21 will go on sale in South Korea with a price tag of US$910.
• Samsung ...

S. KOREAN PM WARNED OF STRONG MEASURES THAT INTERFERE GOVT.’S ANTIVIRUS MEASURES

Highlights –

• S. Korean PM warned of strong measures that interfere govt.’s antivirus measures.
• A church facility in Sangju, 270 kilometers southeast of Seoul, has emerged as a new hotbed of infections.
• More than 3,000 people are...

S. KOREA’S EX-PRESIDENT PARK GUEN HYE SENTENCED 20 YEARS IN PRISON BY SUPREME COURT

Highlights –

• S. Korea’s ex-President Park Guen Hye sentenced 20 years in prison by Supreme Court.
• The former President of South Korea has been sentenced for a high-profile corruption case.
• Park has been reported to be involved i...

KFTC REVIEW THE DEAL BY KOREAN AIR TO BUY ASIANA AIRLINES INC.

Highlights –

• KFTC review the deal by Korean Air to buy Asiana Airlines Inc.
• KFTC will see if the merger could constitute a monopoly or hurt market competition.
• Korean Air in November 2020 said that it will acquire its smaller rival As...

S. KOREA AND IRAN UNDER TALKS ON RESOLVING FROZEN ASSETS AND RELEASING SHIP

Highlights –

• S. Korea and Iran under talks on resolving frozen assets and releasing ship.
• The South Korean delegation for talks was led by First Vice Foreign Minister Choi Jong Kun.
• Iran's Islamic Revolution Guards Corps seized a...

SEOUL DISTRICT COURT BEGINS TRIAL FOR THE DEATH OF 16-MONTH OLD JUNG IN

Highlights –

• Seoul District Court begins trial for the unknown death of 16-month old Jung In.
• The South Korean prosecutors added a murder charge against the adoptive mother of the child.
• Forensic reports suggest suspicions of having a...

S. KOREA REPORTS THE LARGEST JOB LOSS IN DECEMBER 2020 DUE TO PANDEMIC

Highlights –

• S. Korea reports the largest job loss in December 2020 due to pandemic.
• In December 2020, the jobless rate rose 0.7 percentage point on-year to 4.1 percent.
• The unemployment rate for young adults came to 8.1 percent in De...

S. KOREA TO PROVIDE $27.4 BILLION IN GREEN AND DIGITAL SECTOR EXPORTS

Highlights –

• S. Korea to provide $27.4 billion in green and digital sector exports.
• The country will provide low-interest loans to exporters in such fields through 2025.
• The country also plans to expand official development assistance...

SOUTH KOREAN STOCKS END HIGH ON WEDNESDAY

Highlights –

• South Korean stocks end high on Wednesday.
• The South Korean benchmark KOSPI rose 22.34 points.
• Samsung Electronics stocks retreated 0.99 percent.
• SK Hynix stocks rose 3.10 percent.

Investors o...

JAPANESE VESSEL ASKED TO LEAVE S. KOREA’S EEZ BY THE COUNTRY’S FOREIGN MINISTRY

Highlights –

• Japanese vessel asked to leave S. Korea’s EEZ by the country’s Foreign Ministry.
• The South Korean Coast Guard made the request after spotting the Japanese vessel conducting research.
• The research by the Japane...

SEOUL CAFÉ AND GYM OWNERS FILE LAWSUITS AGAINST GOVT. OVER COVID-19

Highlights –

• Seoul café and gym owners file lawsuits against govt. over COVID-19.
• Around 230 gym owners filed a 5 million won lawsuit in Seoul Western District Court.
• South Korea has imposed Level 2.5 social distancing restrict...

SOUTH KOREAN STOCKS END LOW AS INVESTORS CASHED IN GAINS

Highlights –

• South Korean stocks end low as investors cashed in gains.
• Seoul stocks benchmark KOSPI dropped 22.5 points.
• Samsung Electronics stocks retreated 0.44 percent.
• SK Hynix stocks fell 3.01 percent.

S. KOREAN PRESIDENT ANNOUNCES FREE OF CHARGE COVID-19 VACCINES TO THE COUNTRY PEOPLE

Highlights –

• S. Korean President announces free of charge COVID-19 vaccines to the country people.
• The country will start the COVID-19 vaccines phases starting next month.
• The President vowed to make last efforts in the stalled North ...

S. KOREAN STOCKS OPENED LOW ON ITS MONDAY MORNING TRADING OVER PROFITS

Highlights –

• S. Koreans stocks opened low on its Monday morning trading over profits.
• The benchmark KOSPI fell by 1.76 points.
• Samsung Electronics shares advanced 3.83 percent.
• Hyundai Motor shares surged 3.83 percent.
...

HYUNDAI ANNOUNCES TO START PILOT PROJECT TO REUSE BATTERIES FOR ELECTRIC VEHICLE

Highlights –

• Hyundai announces to start pilot project to reuse batteries for electric vehicle.
• S. Korea has decided to give regulatory exemptions for business models on the reuse of EV batteries.
• Hyundai has also decided to provide a ...

LG UNVEILS NEW G1 OLED EVO TV SERIES FOR 2021 IN THE PREMIUM TV MARKET

Highlights –

• LG unveils new G1 OLED evo TV series for 2021 in the premium TV market.
• LG is considered to be the world’s largest OLED TV maker.
• LG announced to boost its NanoCell TV lineup by releasing large models in 2021.
...

S. KOREAN STOCKS END HIGH OVER HOPES OF U.S STIMULUS

Highlights –

• S. Korean stocks end high over hopes of U.S stimulus.
• KOSPI rose at 63.47 points.
• Samsung Electronics advanced at 0.85 percent.
• LG Chem stocks rose at 8.09 percent.

Strong foreign and institut...

S. KOREA’S SAMSUNG ELECTRONICS EXPECTS AN OPERATING PROFIT OF $8.2 BILLION IN Q4 2020

Highlights –

• S. Korea’s Samsung electronics expects an operating profit of $8.2 billion in Q4 2020.
• From October-December 2020 Samsung projects sales at 61 trillion won.
• Samsung’s mobile unit is expected to post an operati...