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US says awaiting N. Korea’s return to diplomacy

16-Oct-2021 Intellasia | Koreaherald | 5:02 AM

The US State Department said Thursday that the US is waiting to see if North Korea would respond to its offer to resume nuclear talks. “We do stand prepared to meet [...] » More

Nonghyup chair urges embrace of metaverse

16-Oct-2021 Intellasia | Koreaherald | 5:02 AM

“Many experts predict that the era of the metaverse is what will come next after this smartphone era,” Son said, urging the company’s executives to [...] » More

Auto exports dip by more than 20pct in September amid chip shortage

16-Oct-2021 Intellasia | Yonhap | 5:02 AM

South Korea’s exports of automobiles fell more than 20 percent last month, ending eight months of on year growth, amid the extended global supply shortage of automotive [...] » More

Fiscal chief voices concerns over US request to share chip info

16-Oct-2021 Intellasia | Koreaherald | 5:02 AM

South Korea’s Finance minister Hong Nam ki voiced concerns about the US’ request that Korean chipmakers share information about their supply chains, during his [...] » More

S. Korea’s finance chief voices concerns over US info sharing request for chipmakers

16-Oct-2021 Intellasia | Yonhap | 5:02 AM

South Korea’s finance minister on Thursday voiced concerns about the US’s request for Korean chipmakers to share information on their supply chains. Finance [...] » More

S. Korea considering ‘diverse’ ways with US for N. Korea dialogue: ministry

16-Oct-2021 Intellasia | Koreaherald | 5:02 AM

South Korea is closely cooperating with the United States on “diverse” measures to restart talks with North Korea, the unification ministry said Friday, after the [...] » More

N. Korea opens western sea route to receive medical supplies: Unicef

16-Oct-2021 Intellasia | Yonhap | 5:02 AM

North Korea has opened a key sea route on the western coast to receive humanitarian aid deliveries following its closure attributable to the COVID 19 pandemic, a United [...] » More

S. Korea, UAE agree to push for free trade deal

16-Oct-2021 Intellasia | Yonhap | 5:02 AM

South Korea and the United Arab Emirates (UAE) announced Thursday that they will launch official talks toward a bilateral free trade agreement, Seoul’s trade ministry [...] » More

S. Korea to resume discount coupon programme to spur spending

16-Oct-2021 Intellasia | Yonhap | 5:02 AM

South Korea plans to resume discount coupon programmes aimed at boosting private spending as the country is preparing to move into a phase of “living with COVID [...] » More

NH All One REIT pushing for stock market listing in November

16-Oct-2021 Intellasia | Yonhap | 5:02 AM

The real estate investment trust (REIT) unit of major bank holding firm NH Financial Group Inc. said Friday it is seeking to get listed on the South Korean main stock market [...] » More

Korea eases coronavirus gathering curbs before switch to ‘living with COVID’

16-Oct-2021 Intellasia | Reuters | 5:02 AM

South Korea said on Friday it would lift stringent anti coronavirus curbs on social gatherings next week, as the country prepares to switch to a ‘living with COVID [...] » More

Daewoo Shipbuilding wins W640.8b order for 4 container carriers

16-Oct-2021 Intellasia | Yonhap | 5:02 AM

Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Friday that it has signed a 640.8 billion won ($542 million) deal to build four container carriers. Under the [...] » More

Samsung Electronics breaks record for 5G upload speed

16-Oct-2021 Intellasia | Koreaherald | 5:02 AM

Samsung Electronics said Friday that it has set a world record for 5G upload speed: 711 megabits per second. According to the South Korean IT giant, the feat was achieved in [...] » More

New virus cases slow down, eased distancing rules to be applied for 2 weeks

16-Oct-2021 Intellasia | Yonhap | 5:02 AM

South Korea’s daily new COVID 19 cases stayed in the 1,000s for the seventh straight day Friday as the government announced eased social distancing rules ahead of a [...] » More

Korea central bank chief says raising interest rates possible in November

16-Oct-2021 Intellasia | Reuters | 5:02 AM

South Korea’s central governor on Friday said it may be possible for the Bank of Korea to raise base interest rates at its next review on November 25. “According [...] » More