Tag: south
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Samsung Group to unveil $648 billion South Korea investments, including for chip plants, report says
SEOUL, June 26 : Samsung Group will announce on Monday plans to invest 1,000 trillion won ($647.53 billion) in South Korea over 10 years, including a potential 300 trillion won to build chip factories in the southwest of the country, a media report said on Friday.The investment, which would include AI data c
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South Korea to lower fuel price caps, finance minister says
SEOUL, June 26 : South Korea will lower its cap on fuel prices as part of efforts to curb inflation pressure, the finance minister said on Friday. “We kept the sixth fuel cap price unchanged this week due to uncertainty of the Middle East situation, but the seventh cap will be lower than the current…
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Samsung to announce $648 billion investments in South Korea, media report says
SEOUL, June 26 : Samsung Group will announce on Monday plans to invest 1,000 trillion won ($647.53 billion) in South Korea over 10 years, including a potential 300 trillion won to build chip factories in the southwest of the country, a media report said on Friday. The announcement will be made at a meeting w
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Always-on won: dealers fret about risks in landmark shift to 24-hour trading
SEOUL, June 26 : Over an 18-year career trading currencies in Seoul, Namkoong Taehun was on the front lines of the collapse of Lehman Brothers, the post-Brexit plunge in the pound, and the won’s dramatic tailspin after South Korea’s 2024 martial law decree.Now his job will be stretched around the clock as Sou
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Fuelled by anger, South Africa take surprise place in World Cup last 32
ATLANTA, June 25 : Dismissed by the pundits as no-hopers, South Africa turned their anger into rocket fuel and blasted into the World Cup’s knockout stages for the first time with a 1-0 win over South Korea on Wednesday night.After a hapless display in their opening game against co-hosts Mexico at Azteca Stad
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South Africans pour onto streets in pyjamas to celebrate World Cup feat
June 25 : Jubilant South Africans took to the streets in their pyjamas to sing and dance in celebration at their side’s World Cup round-of-32 berth early on Thursday, helping banish the heartache of 2010 that has weighed on the side for 16 years.South Africa beat South Korea 1-0 in an upset result to claim…
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South Africa’s Zwane appeal dismissed, to miss Canada tie
June 25 : FIFA has dismissed South Africa’s appeal against a three-match suspension for midfielder Themba Zwane, the country’s football association said on Thursday.“We are disappointed with the outcome of our appeal because we strongly believe that the punishment is far harsher than the offence that Th
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Is xenophobia in South Africa risking investment?
Vigilante groups and right-wing populist forces are stoking anti-immigrant sentiment and demanding that they leave the country by June 30. Experts fear serious economic implications for the country and the region.
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Park criticises South Korea after loss to South Africa, warns of 2014 World Cup repeat
June 25 : Former South Korea midfielder Park Ji-sung criticised the team’s performance in Wednesday’s 1-0 defeat by South Africa at the World Cup, and drew comparisons with their disappointing 2014 campaign that saw them exit in the group phase.The Koreans, who started with captain Son Heung-min on the bench,
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South Korea coach says Son was held back to exploit tiring South Africa
MONTERREY, Mexico, June 24 : South Korea coach Hong Myung-bo said he had deliberately left captain Son Heung-min on the bench in the hope the forward could exploit tiring South African legs after the break, but conceded his side never found their rhythm in a 1-0 defeat that left their World Cup fate hanging in…
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