Page 50 - South Korea

South Korea's privacy watchdog fines Google, Meta over privacy violations

South Korea's privacy watchdog has fined Google and Meta a combined 100 billion won (USD 72 million) for tracking consumers' online behavioUr without their consent and using their data for targeted advertisements. T South Korea's Personal Information and Protection Commission said it fined Google 69.2 billion won (USD 50 million) and Meta 30.8 billion won (USD 22 million) after a meeting where officials agreed that the companies' business practices might cause serious privacy infringements. The fines were the biggest ever penalties imposed by South Korea for privacy law violations, the commission said in a press release. According to the commission, Google and Meta, which operates Facebook and Instagram, didn't clearly inform users or obtain their consent as they collected and analySed information about their online usage patterns and used the data they gathered to create individually customised advertisements. The commission ordered the companies to provide an easy and clear proce

South Korean won tumbles to over 13-year low following US inflation data

The local currency had been trading at 1,390.9 won against the US dollar as of 11 a.m. (local time), down 17.3 won from the previous session's close, reports Yonhap News Agency

South Korean govt faced 560K foreign hacking attempts in past 6 years

558,674 hacking attempts into key government computer systems were detected between 2017 and July this year

S Korean President to attend Queen Elizabeth's funeral in London next week

South Korean President Yoon Suk-yeol plans to attend the funeral of Britain's late Queen Elizabeth II set to be held in London next week, his office has announced

Samsung begins operation of mega chip manufacturing line in South Korea

Samsung, the world's largest memory chip maker, said it has begun foundation work for yet another manufacturing line, P4, at its Pyeongtaek's mega 2.9 million-square-meter campus

South Korea proposes meeting with North on war-affected family reunions

South Korea on Thursday proposed a meeting with North Korea to resume reunions of families separated by war, despite long-strained ties between the rivals over the North's nuclear weapons programme. It's unclear if North Korea would accept the offer because it has already rejected the new South Korean government's offer to provide massive aid in return for denuclearisation. The South and the North should confront the painful parts of the reality. We must solve the matter before the term separated families' disappears, Unification Minister Kwon Youngse said in a televised briefing. We need to use all possible means immediately to come up with quick and fundamental measures. Kwon said South Korea hopes that responsible officials of the two Koreas will meet in person as soon as possible for a candid discussion. Since the 1950-53 Korean War ended, the two Koreas have been banning millions of people who found themselves suddenly divided from visiting each other's territory across the .

Typhoon Hinnamnor leaves 20,000 homes without power in South Korea

Thousands of people were forced to evacuate in South Korea as Typhoon Hinnamnor made landfall in the country's southern regions on Tuesday, unleashing fierce rains and winds that destroyed trees and roads, and left more than 20,000 homes without power. A 25-year-old man went missing after falling into a rain swollen stream in the southern city of Ulsan, according to the Ministry of the Interior and Safety, which didn't immediately report more casualties. Fires were reported at a major steel plant operated by POSCO in the southern city of Pohang, but it wasn't immediately clear whether they were caused by the storm. Government officials have put the nation on alert about potential damages from flooding, landslides and tidal waves unleashed by Hinnamnor, which they said would be the most powerful storm to hit the country in years. The storm came just weeks after capital Seoul and nearby regions were battered by heavy rainfall that unleashed flashfloods and killed at least 14 ...

South Korea expected to become world's most aged country in 2044, says data

The proportion of senior citizens in South Korea is forecast to account for 36.7 per cent of the total population in 2044, outstripping the world's most aged country of Japan with 36.5 per cent

Flights grounded, 200 evacuated in South Korea as Typhoon Hinnamnor nears

Hundreds of flights were grounded and more than 200 people evacuated in South Korea on Monday as Typhoon Hinnamnor approached the country's southern region with heavy rains and winds of up to 290 kilometres per hour, the strongest storm in decades. South Korea's weather agency said the country will start to feel the full force of Hinnamnor, the strongest global storm this year, by early on Tuesday when it is forecast to graze the southern resort island of Jeju before making landfall near the mainland city of Busan. Government officials raised concern about potentially huge damage from flooding, landslides and tidal waves. President Yoon Suk Yeol during an emergency response meeting on Monday urged maximum effort to prevent casualties. Prime Minister Han Duk-soo called for proactive efforts to evacuate residents in areas vulnerable to flooding. As of Monday afternoon, Hinnamnor was over the open sea 290 kilometres southwest of Jeju. It has dumped 46 centimetres (18 inches) of rain

S Korea halts flights, ferries as 'strongest typhoon' Hinnamnor approaches

Super Typhoon Hinnamnor has gradually moved northward to reach waters off South Korea's southern island of Jeju as the country braces for what could be the most powerful storm ever

Reliance-BP to get 'Ruby' from South Korea to boost KG-D6 gas output

Ruby, a floating production storage and offloading vessel destined for Reliance Industries Ltd's MJ deep-water oil and gas development project in KG-D6 block, has set sail from South Korea, partner BP plc's CEO Bernard Looney said. MJ is the third and last of a set of discoveries that Reliance and its partner BP of UK are developing in the eastern offshore block. The two will use a floating production system at high-sea in the Bay of Bengal to bring to production the deepest gas discovery in the KG-D6 block. "'Ruby' has just set sail for the 5000-km journey from South Korea to Kakinada, India where she'll help ramp up domestic gas production. "I've been in this industry for many (many) years but the sheer size and engineering genius of vessels like this still amazes me. A big thanks to the teams at bp and Reliance Industries Limited, for making this happen safely and efficiently," Looney wrote in a LinkedIn post. The MJ-1 gas find is located about 2,000 metres directly below the ..

China's top legislator to visit Russia, Mongolia, Nepal, South Korea

China's top legislator Li Zhanshu will pay official visits to Russia, Mongolia, Nepal and the Republic of Korea from September 7 to 17

South Korean govt's YouTube channel hacked to stream Elon Musk's video

The South Korean government's YouTube channel was hacked on Saturday, apparently to broadcast a cryptocurrency-related video including Tesla CEO Elon Musk, but has been restored, according to sources

China, Russia hold key to North Korea's denuclearisation: South Korea

China and Russia's reluctance to toughen UN sanctions on North Korea is the biggest challenge facing efforts to eliminate the North's nuclear arsenal, a top South Korean official said on Thursday, as the North remains ready to conduct its first nuclear test in five years. China and Russia, which both have close ties with North Korea and are locked in confrontations with the United States, already vetoed a US-led attempt to slap fresh sanctions on North Korea over its missile tests this year. That raises worries North Korea would escape punishment even if it performs a bigger provocation like a nuclear test explosion, which are banned by UN resolutions. Even if North Korea conducts an additional nuclear test, there is a possibility no additional sanctions will be adopted at the UN Security Council because of the a US-China strategic rivalry and US-Russia tension over the Ukraine war, South Korea's vice defence minister, Shin Beomchul, told The Associated Press during an interview. I

US NSA to hold trilateral dialogue with Japan, South Korea on Sept 1

US National Security Advisor Jake Sullivan will hold a trilateral dialogue with his counterparts from Japan and South Korea in Hawaii on September 1, the White House announced Tuesday. The meeting assumes significance amidst the growing tension in the Indo-Pacific region, particularly with China engaging in security drills following the Taiwan visit of United States House Speaker Nancy Pelosi. Sullivan, Japan's National Security Secretariat Secretary General Akiba Takeo, and Republic of Korea's Director of the National Security Office Kim Sung-han will meet at the Headquarters of the United States Indo-Pacific Command in Honolulu, Hawaii on September 1, the White House said. "The officials will meet bilaterally on August 31. After the bilateral meeting, Sullivan will visit the United States Indo-Pacific Command to discuss our alliances in defense of the free and open Indo-Pacific," the media announcement said.

South Korea's new Covid-19 cases under 90,000, critical patients rise

South Korea's new Covid-19 cases dropped below 90,000 on Sunday, while the number of critically ill patients reached its highest level since late April

South Korea's fertility rate hits record low in 2021, may face 'age quake'

South Korea's total fertility rate hit a record low in 2021 as the number of childbirths continued to fall, data revealed, underscoring the country's gloomy demographic situation

S Korea's population falls for 2nd year, single-person households increase

South Korea's population declined for the second consecutive year in 2021, while the number of single-person households continued to increase, government data revealed

US begins biggest military drills with South Korea since Trump-Kim summit

The US and South Korea will begin their biggest joint military exercise in about five years after a hiatus on large-scale exercises that failed to entice North Korea's Kim Jong Un

Monthly active users for Facebook drop by 25% in South Korea, says analysis

Facebook has seen an over 25 per cent decline in the number of monthly active users (MAU) in South Korea across the past two years, an industry analysis report showed on Friday.