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The Latest: Korea says 457 cases linked to church

19-Aug-2020 Intellasia | AP | 6:02 AM

South Korean health officials said Tuesday that they have found 457 coronavirus cases linked to a huge Seoul church led by a bitter critic of the country’s president, [...] » More

Korea tracing church goers, confines troops to bases as virus spreads

Korea tracing church goers, confines troops to bases as virus spreads

19-Aug-2020 Intellasia | Reuters | 6:02 AM

South Korea reported a three-digit increase in novel coronavirus cases for a fifth consecutive day, as authorities scrambled to trace hundreds of members of a church [...] » More

Korea Is Packing Submarines With Rockets For Taking Out N Korea’s Nukes

19-Aug-2020 Intellasia | Forbes | 6:02 AM

South Korea’s got some weird submarines. And they’re about to get weirder… and more powerful. As part of a sweeping, five-year defense plan costing $250 [...] » More

US Army report says many N Korean hackers operate from abroad

19-Aug-2020 Intellasia | Zdnet | 6:02 AM

North Korea has at least 6,000 hackers and electronic warfare specialists working in its ranks, and many of these are operating abroad in countries such as Belarus, China, [...] » More

Coronavirus wave showing signs of spreading out of control

19-Aug-2020 Intellasia | KoreaTimes | 6:02 AM

The COVID-19 crisis appears to be spinning out of control in Korea with the Seoul metropolitan area recording triple-digit increases in new infections over the past five [...] » More

Samsung, SK concerned over US tightened restrictions on Huawei

19-Aug-2020 Intellasia | KoreaTimes | 6:02 AM

Samsung and SK have been watching with concern as the Trump administration announced a further tightening of restrictions on Huawei, as the two have been key semiconductor [...] » More

Kim Jong Un orders pet dogs to be confiscated in N Korean capital Pyongyang

19-Aug-2020 Intellasia | Foxnews | 6:02 AM

North Korean dictator Kim Jong Un has ordered pet dogs to be confiscated in the country’s capital, saying the pooches represent Western “decadence” but [...] » More

S. Korea struggles to secure more hospital beds amid spiking virus cases

19-Aug-2020 Intellasia | KoreaTimes | 6:02 AM

South Korea’s health authorities said Tuesday they will secure more hospital beds in the wider Seoul area amid the resurgence of novel coronavirus infections. The [...] » More

Hit by COVID-19 cases, Starbucks Korea cuts seat capacity, delays event

19-Aug-2020 Intellasia | Reuters | 6:02 AM

Starbucks Corp’s (SBUX.O) South Korean operation is scrambling to curb the spread of coronavirus, cutting seating capacity in its cafes and delaying a promotional event [...] » More

Samsung Life’s unloading of Samsung Elec. stocks to boost investors

19-Aug-2020 Intellasia | KoreaTimes | 6:02 AM

Since ruling party lawmakers proposed revisions to the current Insurance Business Act in mid-June, Samsung Life’s stock price increased by 39.5 percent from the closing [...] » More

N Korea to convene key party meeting to discuss economy, military

18-Aug-2020 Intellasia | Reuters | 2:04 PM

North Korea plans to convene a key meeting of the ruling party on Wednesday and discuss economic and military issues amid international sanctions and recent flood damage, [...] » More

Senior workers flex muscles against KB, Citibank

18-Aug-2020 Intellasia | KoreaTimes | 6:02 AM

KB Kookmin Bank and Citibank Korea are facing lawsuits from dozens of their workers in their 50s, who are urging the banks to end their “peak wage system” and [...] » More

Korea battles worst coronavirus outbreak in months, warns of crisis

18-Aug-2020 Intellasia | Reuters | 6:02 AM

South Korea warned on Monday of a looming novel coronavirus crisis as new outbreaks flared, including one linked to a church where more than 300 members of the congregation [...] » More

Why do local financial stocks’ P/B ratios remain so low?

18-Aug-2020 Intellasia | KoreaTimes | 6:02 AM

Korean stocks on the KOSPI market have long been known for their relatively low price-to-book (P/B) ratios, an indicator to show whether a company’s stock is [...] » More

Are Samsung, SK, Hyundai preparing for M&As?

18-Aug-2020 Intellasia | KoreaTimes | 6:02 AM

Attention is growing on whether Korea’s top conglomerates ? Samsung, SK, Hyundai Motor and LG ? will invest their accumulated cash and cash-equivalent assets in the [...] » More