Page 69 - South Korea

South Korea pushes more tightened pandemic restrictions beyond capital

South Korean officials are pushing for tightened pandemic restrictions beyond the hard-hit capital area as they wrestle with a record-breaking surge in coronavirus cases

South Korea imposes social distancing level 4, industries in crisis

As the Korean government decided to impose the highest level of social distancing (level 4) throughout the Seoul metropolitan areas due to the fourth wave, the industries are also in an emergency

South Korea hits third-straight high in daily coronavirus infections

South Korea has set a new high in daily coronavirus cases for the third straight day as officials prepare to enforce the strongest social distancing restrictions in the greater capital area

Global coronavirus update: South Korea reports over 700 new virus cases

South Korea has reported 711 new cases of the coronavirus as infections continued to grow in the greater capital area. It was the third straight day of over 700 and the highest daily jump for a Monday since early January, when the country was enduring its worst wave of the virus. Usually a smaller number of cases are reported at the start of the week, due to reduced testing on weekends, and the country's caseload may grow faster over the next few days. The Korea Disease Control and Prevention Agency said around 550 of the new cases came from the populated Seoul metropolitan area, where officials delayed a planned easing of social distancing measures to cope with a rise in transmissions. Cases were also reported in most of the major cities and towns across the country, including Busan, Daejeon and the North and South Gyeongsang provinces. Health experts have relaxed concern over relaxed attitudes on social distancing and criticized the government for sending wrong signals by announ

S Korea's 5G user base reaches 16 mn in May as telcos expand application

South Korean mobile users on 5G networks reached nearly 16 million in May, new data has showed, as telecom operators seek to expand applications of the next generation networks

Samsung Elec, affiliates fined $207 million over cafeteria contracts

The Korea Fair Trade Commission (KFTC) watchdog made the announcement on Thursday

HCL Tech appoints leaders to expand in South Korea, Taiwan and Vietnam

The company has named Joonho Moon in South Korea, Terry Tai in Taiwan and Nguyen Ha Tuan in Vietnam to lead and drive growth in these geographies

North Korean cybercriminal group 'hacked' S Korean nuclear institute

Cybercriminals from North Korea allegedly hacked into South Korea's state-run nuclear research institute last month, the media reported

LG likely to sell iPhones soon at its stores in South Korea: Report

As the South Korean tech giant LG exits the mobile business, it may soon start selling iPhones at its stores in the country, the media reported

For Kia, the name is the game in India's hyper-competitive auto market

The Korean car-maker's rebranding just two years after entering India points to ambitions beyond cars

PUBG maker plans to raise $5 billion in South Korea's largest ever IPO

The gaming company will sell more than 10 million shares at 458,000 won to 557,000 won apiece.

S Korea logs over 500 new Covid cases amid accelerating vax drive

South Korea's daily new Covid cases bounced back to over 500 on Wednesday as health authorities ramped up the country's vaccination drive with a quarter of the population receiving one jab.

South Korean govt to foster parts suppliers for next generation cars

South Korea's top economic policymaker said the government plans to provide support to help around 1,000 auto parts makers transform into key suppliers of next-generation automobiles by 2030.

South Korea reports 565 more Covid-19 cases, raising total to 147,422

South Korea reported 565 more cases of Covid-19 as of midnight Friday compared to 24 hours ago, raising the total number of infections to 147,422

Mcdonald's says S Korea, Taiwan operations hacked; customer info exposed

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LG Energy moves ahead on South Korea IPO that IFR says may raise $10-$12 bn

LG Energy and the Korea Exchange announced the application for approval of the previously flagged IPO on Tuesday, without mentioning its size

South Korea's first quarter economic growth faster than expected at 1.7%

South Korea's economy grew slightly faster than expected, thanks to a robust recovery of exports and facility investment, inching the nation's economic growth closer to the pre-pandemic level

Several downsides to economic cooperation between US and South Korea

The two countries are not truly committed to greening the global economy because their manufacturing and exports still depend on dirty energy

S Korea's ruling party chief hints at Samsung scion Lee Jae-yong's pardon

The chairman of the ruling Democratic Party (DP) has hinted at the potential parole of Lee Jae-yong, the de facto head of Samsung Group

Designer in South Korea creates 'Third Eye' for 'smartphone zombies'

Paeng Min-wook, 28, has developed a robotic eyeball he has dubbed "The Third Eye", which obsessive mobile phone users can strap to their foreheads so they can browse injury-free on the go