Page 71 - South Korea

Rajnath, visiting Korean minister inaugurate Indo-Korean friendship park

An Indo-Korean friendship park was jointly inaugurated on Friday by Defence Minister Rajnath Singh and Minister of National Defence of South Korea Suh Wook at Delhi cantonment

North Korea fired two unidentified projectiles into sea: South Korea

South Korea's military said North Korea fired two unidentified projectiles into its eastern waters on Thursday as it revives its testing activity to expand its military capabilities

Samsung Electronics warns of severe chip crunch while delaying key phone

Samsung, one of the world's largest makers of chips and consumer electronics, expects the crunch to pose a problem to its business next quarter

North criticises US-South Korean military drills before allies meet

In North Korea's first comments directed at the Biden admin, Kim Jong Un's sister criticised the US and South Korea for holding military exercises and warned the US against further provocations

US accused of blocking South Korea from unfreezing Iranian assets

Javad Zarif accused the US of following former President Donald Trump's "failed policy" on Iran, after American officials stated unwillingness to authorise South Korea to unfreeze Iranian assets

SoftBank-backed e-commerce firm Coupang raises $4.2 bn in US IPO: Report

The IPO price of $35 apiece, higher than the marketing range $32-$34 per share, gives Seoul-headquartered Coupang, which is backed by Japan's SoftBank Group Corp, a market value of $60 billion

South Korea economy shrank in 2020 for first time in over two decades

South Korea's central bank says the country's economy shrank for the first time in 22 years in 2020 as the coronavirus pandemic destroyed service industry jobs and depressed consumer spending

ISSF World Cup in Korea postponed due to mandatory hard quarantine

The ISSF World Cup in Changwon, Korea, scheduled to be staged from April 16 to 27, has been postponed owing to restrictions imposed to stem the spread of the COVID-19 pandemic

South Korea mulling to extend social distancing norms for two weeks

Bans on gatherings of five or more people and restrictions on small businesses, such as restaurants and cafes, will also remain in place for another two weeks, Chung said

South Korea injects first Covid vaccine shot in public vaccination campaign

Health authorities plan to complete injecting the first doses to some 344,000 residents and workers at long-term care settings and 55,000 frontline medical workers by the end of March

Google planning to lower commission rate for in-app purchases in S Korea

Google has announced a plan to newly introduce the 30 percent commission to all in-app digital goods purchases in South Korea later this year

South Korea reports 440 more Covid-19 infections, caseload reaches 88,120

Of the new cases, 138 were Seoul residents and 137 were people residing in Gyeonggi province

South Korea reports over 300 new Covid-19 cases for second consecutive day

South Korea has been closely monitoring the aftermath of the eased social distancing scheme in place since last week

Diplomats of US, South Korea, Japan discuss matters related to North Korea

The United States is currently reviewing its foreign policy after the victory of Joe Biden in the 2020 presidential election

South Korean telcoms pin hope on further 5G adoption in post Covid-19 era

Telecom operators are banking on mass migration to the latest generation networks this year as they seek to boost their earnings, reports Yonhap news agency

US, South Korea discuss complete denuclearisation of Korean Peninsula

The move comes against the backdrop of stalled talks between Pyongyang and Trump's administration

South Korean boy Kwon Joon with 43% gains is new retail trading icon

Kwon pestered his mother to open a retail trading account last April with savings of 25 million won ($22,400) as seed money

North Korea holds plenary meeting to implement strategies from 8th CCW

In the report, the Korean Central News Agency (KCNA) said that leader Kim Jong-un attended the second plenary meeting of the eighth Central Committee of the Workers' Party of Korea (WPK) on Monday

Moon, Joe Biden agree to further boost US-South Korean alliance for peace

"We will always stand together as we work for peace on the Korean Peninsula and tackle global challenges," Moon said

Iran: Sailors from seized South Korean tanker to be released by Tehran

Iran maintains the tanker and its 20-member crew and captain were stopped because of the vessel''s "environmental pollution," a claim rejected by the vessel''s owner