Tag: South Korea
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South Korea’s policy chief resigns after investments controversy
Top policy adviser Kim Yong-beom’s resignation came a day after President Lee Jae Myung’s administration announced a sweeping Cabinet reshuffle, including new finance and defence ministers, in an apparent bid to shore up its approval ratings.
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North Korea-US summit appears ‘possible at any time’: Seoul spy agency
Trump, eyeing a revived bond he claims to have with Kim, also said in August it was important to “get along” with the North Korean leader, adding that Pyongyang now had 57 “very powerful” nuclear weapons.
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South Korea: Police officer admits to closing missing person cases on Jeju to avoid work
The officer falsely claimed he contacted missing persons and prematurely closed their cases on the South Korean holiday island of Jeju.
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South Korea proposes $599 billion 2027 budget, to boost chips and defence spending
SEOUL, Sept 1 : South Korea on Tuesday proposed an 821 trillion won ($598.79 billion) government budget for 2027, including special funding for its semiconductor industry and strategic weapons, the budget minister said in a cabinet meeting. The government earmarked 2.6 trillion won for a special semiconductor
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South Korea factory activity logs ninth straight month of expansion, PMI shows
SEOUL, Sept 1 : South Korea’s factory sector recorded a ninth consecutive month of activity growth in August, underpinned by robust export demand, a survey showed on Tuesday.• The purchasing managers index (PMI), published by S&P Global, stood at 52.3 in August, down from 53.1 in July, but staying above the
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South Korea court sentences Unification Church leader to jail in political influence case
SEOUL: A South Korean court on Monday (Aug 31) sentenced Unification Church leader Han Hak-ja to a combined two years in prison over political funding and
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South Korea hands jail term to Unification Church leader
Han Hak-ja has been convicted on bribery charges after giving the former first lady several luxury gifts. She has denied any wrongdoing.
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South Korean actor Lee Yong-joo of Blue Tower and Princess Hours dies at 44
The South Korean actor, best known for playing a rookie soldier in Blue Tower and for his role in Princess Hours, died from cardiac arrest on Aug 29.
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K-beauty giant APR’s shares up 100% this year ahead of U.S. Costco launch in September
APR is accelerating its U.S. retail expansion with a Costco launch in September, as the K-beauty company’s shares have surged nearly 100% this year.
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Singapore tackles finances and culture to avert a demographic crisis
One challenge for policy makers is that success on many measures won’t show up immediately.
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