South Korea

South Korea, officially the Republic of Korea (ROK), is a country in East Asia, constituting the southern part of the Korean Peninsula and lying to the east of the Asian mainland. The name Korea is derived from Goguryeo which was one of the great powers in East Asia during its time, ruling most of the Korean Peninsula, Manchuria, parts of the Russian Far East and Inner Mongolia, under Gwanggaeto the Great. South Korea lies in the north temperate zone and has a predominantly mountainous terrain.
  • North Korea hiding missile bases, US researchers say
    AFP

    North Korea hiding missile bases, US researchers say

    North Korea is operating at least 13 undeclared bases to hide mobile, nuclear-capable missiles, a new study released Monday has found, raising fresh doubts over US President Donald Trump's signature foreign policy initiative. Trump has hailed his June summit with North Korean leader Kim Jong Un as having opened the way to denuclearization of the divided peninsula, defusing tensions that less than a year ago brought the two countries to the brink of conflict. Since the summit in Singapore, North Korea has forgone nuclear and missile tests, dismantled a missile test site and promised to also break up the country's main nuclear complex.

  • Business Wire

    Global Hybrid Vehicles Market Outlook to 2024 - Focus on The US, the UK, Germany, France, Japan, China and South Korea - ResearchAndMarkets.com

    The "Global Hybrid Vehicles Market - Outlook 2024" report has been added to ResearchAndMarkets.com's offering.

  • S. Korea: Mobile Messaging Giant Kakao and Stablecoin Project Terra Have Partnered in Blockchain Payment System
    Cointelegraph

    S. Korea: Mobile Messaging Giant Kakao and Stablecoin Project Terra Have Partnered in Blockchain Payment System

    Kakao Corp, the major internet conglomerate and service provider for popular South Korean messaging app KakaoTalk, and a new stablecoin project, dubbed Terra, have signed a partnership agreement to develop the latter's blockchain-based payment system, local news outlet The Korea Times reported Nov. 14. The new partnership agreement is to apply the former's blockchain platform technology Klaytn, the brainchild of Kakao subsidiary Ground X, to blockchain-based payment system. Through two  firms cooperation, it is planned “to enhance core requirements for payment services, such as speed, stability and reliability,” says the article. It also adds: “The [...] partnership agreement is expected to contribute

  • 13 WTHR Indianapolis

    BTS's agency apologizes over band member's A-bomb shirt

    The agency for K-pop superstars BTS apologized Wednesday for members wearing a T-shirt depicting the explosion of an atomic bomb and a hat with a Nazi emblem. Japanese TV broadcasters recently canceled planned appearances in that country after images went viral of the musician wearing the shirt. The South Korean boy band ran into more troubles after news broke out that another member wore a hat featuring a Nazi symbol in a magazine photo book and band members flew flags with what appeared to be the Nazi swastika during a concert in the past. "We would like to again offer our sincerest apologies to anyone who has suffered pain, distress and discomfort due to our shortcomings and oversight in ensuring that these matters receive our most careful attention," the band's agency, the Big Hit Entertainment, said in a statement.

  • State of Regulation in South Korea: Banks Required to Provide Fair Services to Crypto Exchanges
    Cointelegraph

    State of Regulation in South Korea: Banks Required to Provide Fair Services to Crypto Exchanges

    On October 30, South Korea’s main financial authority officially cleared banks to work with crypto exchanges for the first time in history, establishing a major milestone for the local cryptocurrency sector. At the state affairs audit, held by both government parties of South Korea to evaluate and track the progress of every government branch and agency under the administration of President Moon Jae-in, Financial Services Commission (FSC) commissioner, Choi Jong-ku, stated that the FSC has cleared banks to work with cryptocurrency exchanges by providing virtual bank accounts. On the digital asset trading platforms of South Korea, every bank account holder is provided with a virtual bank account by the account issuer, in this case a local bank, to provide an instantaneous and efficient system to withdraw and deposit funds.

  • South Korea's contraction in investments is 'worrying': Natixis
    CNBC.com

    South Korea's contraction in investments is 'worrying': Natixis

    Investment in South Korea shrank in the third quarter of 2018. Trinh Nguyen of Natixis says this is "worrying" and discusses reasons for the contraction.

  • ‘Roma’ Trailer: Director Alfonso Cuarón Returns From ‘Gravity’ With 1970s-Set Drama & Pink Floyd
    Deadline

    ‘Roma’ Trailer: Director Alfonso Cuarón Returns From ‘Gravity’ With 1970s-Set Drama & Pink Floyd

    Set to the build-up of wails in the Pink Floyd classic “The Great Gig In The Sky,” this new trailer for Roma, from director and writer Alfonso Cuarón ( Gravity, Children of Men), announces itself in a most dramatic way. Check it out above. The logline: Roma follows Cleo (Yalitza Aparicio), a young domestic worker for a family in the middle-class neighborhood of Roma in Mexico City. Delivering an artful love letter to the women who raised him, Cuarón draws on his own…

  • Samsung BioLogics' listing under review after regulator says it breached accounting rules
    Reuters

    Samsung BioLogics' listing under review after regulator says it breached accounting rules

    South Korea's top financial regulator said Samsung BioLogics Co Ltd <207940.KS> had intentionally breached accounting rules ahead of its 2016 listing, leading to a suspension in trading of the biotech firm's shares and a review of its listing status. The Financial Services Commission (FSC), which has been reviewing the matter after a complaint by an activist group and politicians that the Samsung Group arm unfairly inflated its value, also called for Samsung BioLogics' CEO to be fired. The disciplinary action is a blow to South Korea's biggest conglomerate, which is banking on biopharmaceuticals for growth and announced plans in August to invest 25 trillion won ($22 billion) in the business and in other areas such as artificial intelligence and 5G mobile technology.

  • South Korea's lost generation of gamers offer a preview of what's to come
    The Next Web

    South Korea's lost generation of gamers offer a preview of what's to come

    South Korea is bending under the weight of an epidemic. In the world's most wired country, it's not opioids or hallucinogens to blame, but the constant call of a connected society. Estimates vary, but South Korea — home to 51 million people — now has about a million internet-addicted children and teens. About one in 10. Some call the estimate conservative, claiming the actual number is closer to 50 percent, or five million people aged 10 to 19. In an interview with Vice, Dr. Lee Jae-Won, a neuropsychiatrist at Gagnam Eulji Hospital in Seoul said that online gaming accounts for roughly 90 percent of these internet addiction cases. In this small country — a touch smaller than the state of Virginia

  • Brisbane memories drive Socceroo Maclaren
    Daily Mail

    Brisbane memories drive Socceroo Maclaren

    If anywhere looms as the venue for Jamie Maclaren to notch his first Socceroos goal then Brisbane's Suncorp Stadium is surely the most fitting. The 25-year-old enjoyed two goal-laden A-League campaigns at the Brisbane Roar, notching 42 goals in 59 appearances in all competitions including many at the Queensland venue. Yet to hit the back of the net for the national team in six appearances, Maclaren admits it's nice to be back on familiar territory ahead of Saturday's friendly against South Korea. "I've been dreaming about scoring my first Socceroos goal for a while now and hopefully it does come soon," Maclaren said on Wednesday. "I love playing in front of this stadium and obviously the Brisbane

  • Investigation launched into abuse claims by "Garlic Girls"
    ESPN.com

    Investigation launched into abuse claims by "Garlic Girls"

    SEOUL, South Korea -- The so-called Garlic Girls who swept to fame during their stirring run to an Olympic curling silver medal have alleged they were verbally abused by a South Korean official and subjected to unreasonable orders from coaches. South Korea's sports ministry on Wednesday announced a joint investigation with the national Olympic committee into the allegations. The five-member women's curling team sparked unprecedented national attention for their sport in February before losing to Sweden in the final on home ice at the Pyeongchang Olympics. The team sent a letter to the Korean Sport and Olympic Committee (KSOC) last week to outline their allegations. The women, from a remote province

  • Reuters

    China allows online travel agencies to resume selling group tours to South Korea: Yonhap

    SEOUL (Reuters) - China has allowed its online travel agencies to resume selling group tours to South Korea after a prolonged diplomatic spat over the installation of a U.S.-backed, anti-missile system in South Korea, Yonhap news agency reported on Wednesday. China banned group tours to South Korea in March last year after Seoul agreed to install the U.S. Terminal High Altitude Area Defence System (THAAD). The move badly hurt South Korea's retail and service sectors. Chinese tourists were told to avoid any store and hotel run by conglomerate Lotte Group, which provided land in South Korea for the THAAD missile system. Lotte stores in China were also shut down amid the political tensions. As tensions

  • Korea’s CJ Entertainment Picks up Starry ‘Garden of Evening Mists’
    Variety

    Korea’s CJ Entertainment Picks up Starry ‘Garden of Evening Mists’

    South Korea’s CJ Entertainment has picked up international sales rights to ambitious Malaysian drama “The Garden of Evening Mists.” The film’s cast mixes high profile Asian and Western stars. The picture is an adaptation of a novel of the same title by Tan Twan Eng, which was nominated for the Man Booker Prize in 2012. […]

  • Jobs for the boys under fire in South Korea
    AFP

    Jobs for the boys under fire in South Korea

    In her year-long quest for a job, South Korean college graduate Casey Lee has faced a barrage of personal and contradictory questions. Women often struggle to find a foothold in South Korea's male-dominated corporate culture and a series of firms have now been caught allegedly using sexist recruitment targets to keep it that way.

  • PR Newswire

    Consumer Electronics in South Korea, Euromonitor International

    LONDON , Nov. 13, 2018 /PRNewswire/ -- In 2018, volume sales of consumer electronics saw a strong increase, although performances varied between different categories. Volume sales of computers and peripherals ...