Tag: south korean
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South Korean sect leader gets additional 33 years in jail for sexual assaults
SEOUL: The leader of the South Korean religious sect Jesus Morning Star was sentenced on Monday (Oct 19) to a further 33 years in jail after being found guilty of sexually assaulting and abusing female followers.Jung Myung-seok, believed to be in his early 80s, is currently serving a 17-year sentence after be
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South Korean shares end nearly 2% higher on record chip exports
SEOUL, Oct 1 : Round-up of South Korean financial markets:** South Korean shares recouped early losses to end nearly 2 per cent higher on Thursday, led by gains in chipmakers after domestic trade data smashed forecasts to hit a fresh record. ** The benchmark KOSPI closed 133.31 points, or 1.95 per cent
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South Korean exports seen rising for 16th month on solid AI chip demand: Reuters poll
SEOUL, Sept 29 : South Korean exports likely rose for a 16th consecutive month in September on solid chip demand tied to AI investments, a Reuters poll showed on Tuesday, though growth was seen moderating due to fewer working days compared with a year earlier.Exports from Asia’s fourth-largest economy, a bell
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Are robots the future of entertainment? This South Korean theme park thinks so
Galaxy Robot Park is a 16,500-square-meter venue in South Korea, with attractions including humanoid robots dancing to K-pop hits.
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Hyundai Motor’s South Korean union approves wage deal
SEOUL, Sept 1 : Hyundai Motor’s South Korean labour union approved a tentative wage agreement with the automaker, bringing an end to this year’s pay negotiations after weeks of strikes and talks. Some 61.55 per cent of participating union members voted in favour of the agreement, Hyundai Motor said on Tuesday
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Hyundai Motor’s South Korean union approves wage deal, Yonhap says
SEOUL, Sept 1 : Hyundai Motor’s South Korean labour union approved a tentative wage agreement with the automaker, bringing an end to this year’s pay negotiations after weeks of strikes and talks. Some 61.55 per cent of participating union members voted in favour of the agreement, Yonhap News Agency said on Tu
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South Korean footballers report heat-related symptoms, call for stronger safeguards
Aug 19 : South Korean professional footballers urged stronger protections against extreme heat after a survey by the Korea Pro-Footballers Association showed many players hit by dehydration, dizziness and temporary lapses in consciousness during competition.It found 86.2 per cent of respondents suffered signi
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South Korean shares soar after chip stock rout
It comes after a three-day rout that wiped hundreds of billions of dollars off the value of the country’s stock market.
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Top South Korean policy makers apologise for single-stock leveraged ETFs
SEOUL, July 29 : Top South Korean policy makers apologised on Wednesday over the introduction of single-stock leveraged exchange-traded funds (ETFs), which have been blamed for intensifying a rout in the country’s stock market. Finance Minister Koo Yun-cheol said he was sorry for introducing the product witho
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South Korean economy likely slowed in Q2 after robust Q1 growth: Reuters poll
BENGALURU, July 21 : South Korea’s economy likely grew at a much slower pace in the second quarter compared to the first three months of the year, as robust export growth was offset by weakening domestic demand, a Reuters poll of economists showed.Asia’s fourth-largest economy expanded by a seasonally adjuste
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