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POLITICSJul 21South Korea defence minister faces fresh accusations of army desertion over 40 years agoQuestions surrounding South Korean Defence Minister Ahn Gyu-back’s military service have resurfaced, with the government and his accuser offering conflicting accounts of what happened more than four decades ago. At the centre of the dispute is a gap in Ahn’s military record. His record shows he began mandatory service on November 5, 1983, and was discharged on August 31, 1985, amounting to roughly 22 months. Territorial defence soldiers at the time normally served for 14 months. His accuser...South China Morning Post
BUSINESSJul 21South Korean economy likely slowed in Q2 after robust Q1 growth : Reuters pollA Reuters poll suggests that South Korea's economy likely experienced a slowdown in the second quarter after robust growth in the first quarter.finance.yahoo.com · United States
BUSINESSJul 21Bargain Hunting May Boost South Korea SharesBargain hunting is expected to potentially boost South Korea's stock market.finanzen.ch · Switzerland
BUSINESSJul 20South Korea Kospi drops 4 . 5 % as some AI stocks swoon , while oil keeps climbingSouth Korea's Kospi index experienced a 4.5% decline due to a downturn in some AI stocks, while oil prices continued to rise. This indicates significant shifts in both technology sector valuations and global energy markets.sitkasentinel.com · United States
BUSINESSJul 20Blackstone invests in South Korea’s Futronic, valuing robotics supplier at $676M - reportSeeking Alpha Tech
BUSINESSJul 20Oil jumps , South Korea shares sink on AI sell - off | The Asahi Shimbun : Breaking News , Japan News and AnalysisOil prices saw an increase while South Korean shares experienced a decline, attributed to a sell-off in artificial intelligence-related stocks. This reflects current volatility and trends in global financial markets.asahi.com · Japan
BUSINESSJul 20South Korea Kospi drops nearly 5 % as some AI stocks swoon ,... South Korea's Kospi index has dropped nearly 5%, influenced by a decline in some AI stocks. This indicates a notable downturn in the country's stock market, particularly affecting the artificial intelligence sector.semissourian.com · United States
BUSINESSJul 20South Korea Kospi drops nearly 5 % as some AI stocks swoon , while oil keeps climbingThe South Korea Kospi index dropped significantly due to a decline in some AI stocks, while oil prices continued to rise. This reports on notable movements in international financial markets.news4jax.com · United States
BUSINESSJul 20'Give me my money back': South Korean traders' leveraged SK Hynix, Samsung bets unravel after selloffSouth Korean retail investors suffer heavy losses after Samsung and SK Hynix shares reverse sharply.CNBC
WORLDJul 20Malaysia aims for 600,000 South Korean arrivals in new travel driveAs Malaysia pushes to welcome 47 million international visitors under this year’s travel campaign, the country is setting its sights on bringing South Korean arrivals back above pre-pandemic levels by promoting authentic local experiences beyond its well-known beach resorts and city attractions. “South Korea is one of our priority markets,” Kamilia Hani Abdul Halim, director of Tourism Malaysia Seoul, said in an interview. Last year, about 558,000 South Koreans visited Malaysia, making it the...South China Morning Post
POLITICSJul 20Why has Coupang become a flashpoint in US - South Korea ties ? The article explores why Coupang has become a flashpoint in the relations between the US and South Korea. This indicates a potential diplomatic or economic dispute involving a major company between the two nations.insideretail.asia · China
BUSINESSJul 20Beggar’s banquet: South Korea’s young consumers turn extreme budgeting into a gameFor South Korea’s young budget-conscious consumers, finding a meal for less than 8,000 won (US$5.40) – at a time when a typical meal out in major cities can easily cost 12,000 won or more – has become more than a money-saving exercise. Crowdsourced platform Geoji Map has turned the search for ultra-cheap meals into a viral online activity. Its name, which literally translates as “Beggar Map”, reflects a broader Korean slang trend of using “beggar” humour to describe surviving on a tight...South China Morning Post
BUSINESSJul 18Why the AI Chip Boom Just Forced South Korea to Raise Interest RatesThe article explores how the boom in AI chips has compelled South Korea to raise interest rates. It highlights the economic impact of technological advancements on monetary policy.ibtimes.com · United States
BUSINESSJul 18How South Korean hypermarket chain’s fall reflects ‘time-poor’ consumer demandsHomeplus was once a retail haven for millions of South Korean families who shopped for groceries and household goods regularly at its cavernous hypermarkets. But that ritual over almost three decades ended this week when the company closed all its remaining 67 operating outlets nationwide after suspending 37 others earlier as part of its restructuring. The sudden closure of South Korea’s second-largest hypermarket chain reflects not only its financial distress, but also a decline of the shopping...South China Morning Post
WORLDJul 17BTS, the South Korean group that propelled K-pop to the top of the global music industryAs the seven artists perform on July 17 and 18 at the Stade de France, we look back at their beginnings in 2013 and their unprecedented rise.Le Monde [en]
CYBERJul 17Why South Korea is racing to build a sovereign AI model for cybersecuritySouth Korea plans to develop its own cybersecurity-focused artificial intelligence model by the end of this year, after a brief US clampdown on advanced systems exposed the risks of relying on foreign technology for national cyber defence. But Seoul’s more ambitious longer-term idea of building a frontier model capable of competing with the world’s most advanced systems would require it to overcome a persistent gap in AI software, computing capacity and large-scale training, analysts said. The...South China Morning Post
BUSINESSJul 17‘Gateway to Asean’: South Korea bets on Vietnam hub for food expansionSouth Korean food exporters are no longer treating Vietnam as just another market for kimchi, instant noodles and premium fruit. As Southeast Asia emerges as one of South Korea’s most important trading regions, Seoul is positioning Vietnam as a logistics and distribution base for a wider push to turn the popularity of Korean culture into sustained demand for Korean food across the region. But analysts said the strategy would depend on more than Hallyu-driven curiosity, with exporters needing to...South China Morning Post
MILITARYJul 16Lockheed Martin unit wins $101.8M South Korea defense deal: Check detailsA unit of Lockheed Martin has secured a defense deal with South Korea valued at $101.8 million. This contract involves the provision of military equipment or services to the South Korean defense sector.Seeking Alpha Tech
BUSINESSJul 16AI memory, chip stocks dip again as South Korean peers slump despite strong TSM resultsStocks for AI memory and chips experienced a dip, mirroring a slump in South Korean peers despite positive results from TSM. This indicates a notable trend in the technology and semiconductor market.Seeking Alpha Tech
CYBERJul 16Posts falsely claim all South Korean students required to learn Chinese history , cultureFalse claims are circulating online, asserting that all South Korean students are mandated to learn Chinese history and culture. This highlights the spread of misinformation regarding educational policies.yahoo.com · United States
BUSINESSJul 16South Korea Central Bank Raises Interest Rates To 2.75%Consumer prices climbed 3.2 percent in June from a year earlier, partly due to higher energy costs and supply chain disruptions linked to conflict in the Middle East. The post South Korea Central Bank Raises Interest Rates To 2.75% appeared first on Channels Television.Channels TV
BUSINESSJul 16Asian shares mostly decline with South Korea Kospi down 6 . 6 %, while oil prices slipAsian shares mostly declined, with South Korea's Kospi down significantly, while oil prices also slipped. This indicates a notable downturn in regional markets and commodity values.reflector.com · United States
BUSINESSJul 16South Korea KOSPI Plunges 6 . 49 % as Chip Selloff Triggers Trading Halt and Wipes Out Prior Day RallyThe South Korean KOSPI index plunged significantly, triggering a trading halt due to a chip selloff and erasing gains from the previous day. This represents a major event in the financial markets.ibtimes.com.au · Australia
WORLDJul 16‘Great Chinese women’: tourists praised for preventing serious accident in South KoreaA group of Chinese travellers in South Korea successfully brought a runaway coach under control after the driver lost consciousness while driving, triggering heated discussions online. On Chinese social media, several passengers shared what they experienced on the limousine to Incheon International Airport in the afternoon of July 11. As the coach with 10 to 20 passengers headed towards the expressway close to Terminal 1, it suddenly bumped into the roadbed. A Chinese woman, surnamed Sun, was...South China Morning Post
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