Category: Korea
China’s extension of EV subsidies to impact LG Chem, Samsung SDI, SK Innovation
Battery makers LG Chem, Samsung SDI and SK Innovation are likely to see a bumpy road ahead in improving their electric vehicle (EV) battery sales as countries affected by the [...]
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Seoul orders nightclubs, discos to close until April 19
The Seoul Metropolitan government on Wednesday ordered the closure of entertainment establishments such as nightclubs and room salons until April 19, amid mounting concerns [...]
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Chinese property tycoon and Xi critic under investigation
An outspoken Chinese Communist Party critic and millionaire property tycoon, Ren Zhiqiang, has been placed under investigation for “serious violations of discipline and [...]
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COVID-19 deaths surpass 200; 53 more infections reported
South Korea’s death toll from the novel coronavirus rose above 200 on Wednesday, with patients aged 80 or older making up the largest proportion of the deceased. After [...]
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Coronavirus lessons: How Korea got face masks for everyone and Germany kept death rate down | Trudy Rubin
As US fatalities from COVID-19 rise, Germany’s death rate from the virus is roughly half that of America’s. As America’s frontline health workers still [...]
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Virus-beating Chinese donates W1.2 million in thank-you gift to Korean medical workers
A Chinese national has donated 1.2 million won ($985) to the National Health Insurance Service (NHIS) in a show of appreciation to South Korean medical workers who helped her [...]
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S. Korea unveils another massive stimulus package against coronavirus
South Korea has unveiled an additional economic relief package worth 53.7 trillion won ($44 billion) in its continued struggle to boost the domestic market and export [...]
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Korea listened to the experts
South Korea, the US and the UK all reported their first Covid-19 cases around the same time: on January 20, January 21, and January 31, respectively. How things unfolded from [...]
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Korean Air calls for 6-month work stoppage for 70pct of workforce
South Korea’s No. 1 flag carrier, Korean Air Lines, said Tuesday that it will start a six-month-long work stoppage for more than 70 percent of its workforce, as the [...]
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Seoul to suspend visa waivers for countries that ban entry on Koreans
South Korea will temporarily stop visa waiver programmes for countries that bar entry to Koreans, prime minister Chung Sye-kyun announced Wednesday, amid concerns over a [...]
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Brokerages on alert as overseas real estate investments suffer losses
South Korean brokerages are on high alert as funds related to foreign real estateand their direct investment in property ownership abroadare likely to suffer losses in the [...]
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From Pyongyang to Gangnam: the ex-N. Korean diplomat on the ballot in Seoul
For decades, Thae Yong Ho served the Democratic People’s Republic of Korea, rising to become Pyongyang’s deputy ambassador to London before defecting. Now he is [...]
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N Korea testing, quarantining for COVID-19, still says no cases-WHO representative
North Korea, one of only a handful of countries not to have reported confirmed cases of COVID-19, has said that it continues testing and has more than 500 people in [...]
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Korean Air puts 70pct of staff on leave
South Korea’s flag carrier Korean Air will put 70 percent of its 19,000 staff on furlough, it said, as it scrambles to cope with the coronavirus pandemic that has [...]
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Korea Is Beating Covid-19. Here’s How.
South Korean has had success managing the coronavirus outbreak. New cases diagnosed Monday dropped to 47, the lowest level in weeks. South Korean has had success managing the [...]
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