Tag: south korea’s
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South Korea’s finance minister says current FX level ‘excessive’
SEOUL, June 23 : South Korea’s Finance Minister Koo Yun-cheol said at a cabinet meeting on Tuesday that the current foreign exchange level at around mid-1,500 won per U.S. dollar is “excessive” compared to the country’s fundamentals. Asked by South Korean President Lee Jae Myung about why the won is so weak d
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SK Hynix surpasses Samsung Electronics to become South Korea’s most valuable firm
SEOUL, June 22 : The market value of South Korean chipmaker SK Hynix briefly topped that of peer Samsung Electronics on Monday to make the company the country’s most valuable firm. Shares of SK Hynix traded up 5.7 per cent to bring the company’s market capitalisation to 2,082.5 trillion won ($1.35 trillion) a
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South Korea’s Starbucks to close for staff history lesson after promotion backlash
The chain was criticised for a “Tank Day” marketing ploy on the anniversary of a military massacre.
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Italy’s Meloni and South Korea’s Lee agree to deepen ties in Rome talks
ROME, June 12 : Italy’s Prime Minister Giorgia Meloni and South Korean President Lee Jae Myung on Friday pledged to deepen bilateral ties, signing memorandums spanning technology and development cooperation.• The leaders discussed closer cooperation in semiconductors and high-tech sectors including artifici
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With fighting spirit, South Korea’s beauty triumphs over Czech set-piece beasts
(corrects name of keeper in paragraph nine)GUADALAJARA, Mexico, June 11 : It was the tale of “Beauty and the Beast” that lit up the Estadio Guadalajara on Thursday, with South Korea’s prettier, stylish football triumphing over the Czech Republic’s rugged, route-one tactics in an adrenaline-fuelled World Cup
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South Korea’s Yoon gets 30 years for sending drones north
The verdict marks the latest legal blow for South Korea’s impeached former leader Yoon Suk Yeol, who has already been sentenced to life in prison earlier this year.
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South Korea’s Son chases history, Sojka starts for Czechs
June 12 : South Korea coach Hong Myung-bo named Son Heung-min to lead the attack against the Czech Republic in Thursday’s World Cup Group A clash, while their opponents have selected the inexperienced Alexandr Sojka in midfield. • Son starts up front for South Korea and is two shy of his country’s all-tim
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South Korea’s Son dismisses retirement talk
GUADALAJARA, Mexico, June 10 : South Koreacaptain Son Heung-min dismissed speculation on Wednesday that this will be his last World Cup as the 33-year-old looks to shake off a recent scoring slump heading into their first match against the Czech Republic.After years of carrying the national team, Son remains
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South Korea’s Kim hopes World Cup results make up for missing daughter’s birth
June 8 : South Korean goalkeeper Kim Seung-gyu missed the birth of his daughter this month due to his World Cup preparations, but the 35-year-old says he is determined to compensate for his absence with performances on the pitch.Kim, who is set for his fourth World Cup appearance, acknowledged the emotional c
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South Korea’s KOSPI craters over 8% as Fed fears spark tech rout
SEOUL, June 8 : South Korea’s stock benchmark plunged over 8 per cent on Monday, tripping circuit breakers, after robust U.S. jobs data lifted bets on a Federal Reserve rate hike and unleashed a selloff in the tech‑heavy market that had powered the broader AI rally.The KOSPI fell 8.3 per cent to close at 7,
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