Tag: south
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North Korean soldier crosses border to South
South Korea’s military says it is investigating the soldier’s reasons for crossing the inner-Korean border. While dozens of North Koreans flee each year, usually via China, crossing directly south is very rare.
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South Korea’s SK Hynix says to raise $29 billion in US ADR listing
SEOUL, June 24 : South Korea’s SK Hynix said on Wednesday it plans to raise 45.45 trillion won ($29.43 billion) via the listing of American Depository receipts (ADR) in the U.S., as it seeks to expand its investor base and production capacity for chips used in artificial intelligence.($1 = 1,544.1400 won)
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MSCI keeps South Korea at emerging market status, cites FX accessibility
SEOUL, June 24 : Global index provider MSCI kept South Korea in its emerging-market category, citing long-standing accessibility issues related to the onshore foreign exchange market in its annual market-classification review. “The Korean won is not deliverable offshore. Even more concerning, onshore liquidit
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South Africa must beat South Korea to make history, says coach Broos
MONTERREY, Mexico, June 23 : South Africa coach Hugo Broos believes his team can make history by reaching the World Cup’s second round for the first time, but said they must beat South Korea in a do-or-die Group A showdown in Monterrey on Wednesday. South Korea have three points after beating the Czech Republ
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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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In South Korea, a job or partner at Samsung, SK Hynix is the new ‘A+’ catch
SEOUL, June 23 : The global AI boom has turned South Korean chipmaking giants SK Hynix and Samsung Electronics into stock market darlings. It has also thrust their employees into the top tier of the country’s highly competitive marriage market.South Korean matchmaking firms say people working at the firms are
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Mexico’s comfort zone could open door for urgent Czech Republic
MEXICO CITY, June 22 : Mexico have already booked their place in the knockout stage and guaranteed top spot in Group A, but Wednesday’s match against the Czech Republic may still carry more risk than the standings suggest.The co-hosts enter their last group match at Estadio Azteca with six points from two gam
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South Africa and South Korea seek win in decisive Group A clash
June 22 : South Africa and South Korea both have victory on their agenda for their decisive World Cup Group A clash in Monterrey on Wednesday where similar playing styles could produce an eye-catching spectacle.Co-hosts Mexico, who take on the Czech Republic in Mexico City at the same time, have already secur
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South Korea market watchdog offers rare mea culpa over leveraged ETFs
SEOUL, June 22 : The head of South Korea’s market watchdog offered a rare mea culpa on Monday, saying it was too hasty in approving leveraged funds tied to some of the country’s best-known chip stocks.The comments from Lee Chan-jin, governor of the Financial Supervisory Service, are some of the starkest yet a
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How Chennai became home for South Korean mum who bargains in Tamil and other Koreans
South Koreans are Chennai’s largest expat community. The series, The New Locals, follows three of them as they navigate culture shocks, friendships and belonging.
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