Archive for August 22nd, 2020

Lee appointed as BOK senior deputy governor

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

The Bank of Korea (BOK) said Thursday it had promoted deputy Governor Lee Seung-heon to senior deputy governor, succeeding Yoon Myun-shik. Korea’s president names the [...] » More

Kim Jong Un delegates some powers to sister Kim Yo Jong, Korean intelligence says

22-Aug-2020 Intellasia | CNN | 6:02 AM

Kim Jong Un has reportedly given his sister, Kim Yo Jong, partial authority to oversee “general state affairs” in order to ease the North Korean leader’s [...] » More

Korea’s export falls 7 pct in 1st 20 days of August

22-Aug-2020 Intellasia | Xinhua | 6:02 AM

South Korea’s export fell in single digits in the first 20 days of this month, showing signs of recovery from the fallout of the COVID-19 outbreak, customs office data [...] » More

Is N Korean leader Kim yielding power to sister?

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

The analysis by the country’s spy agency that North Korean leader Kim Jong-un has partly delegating authority to his sister and aides is again fuelling speculation over [...] » More

Samsung launches Galaxy Note 20 in 70 countries

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

Samsung Electronics officially launched sales of its flagship Galaxy Note 20 and Galaxy Note 20 Ultra in about 70 countries, including Korea, North America and all of Europe, [...] » More

Stymied at home, Korea’s mom and pop investors charge into China tech stocks

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

South Korean retail investors are stampeding into Chinese stocks in record numbers, ploughing hundreds of millions of dollars into a tech sector rush far removed from [...] » More

Korea urges more testing, quarantines as coronavirus outbreak threatens to spread

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

South Korean health authorities warned on Friday that a cluster of coronavirus infections in the capital Seoul was threatening to spread after thousands of people attended a [...] » More

Government under fire for attempt to modify ‘jeonse’ statistics

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

The Moon Jae-in administration has come under fire for attempting to modify statistics once again, this time to water down the apparent side effects of the latest real estate [...] » More

Moon to wayward citizens: ‘Abide by anti-virus rules or pay the price’

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

President Moon Jae-in called on the health authorities, Friday, to take stern legal action against anyone who attempts to disrupt the country’s fight against the [...] » More

Church at centre of Korea coronavirus outbreak says government fabricating tests

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

South Korea’s battle to contain a new outbreak of the coronavirus has been complicated by a political and religious fight between President Moon Jae-in’s [...] » More

Biden on N Korea: Fewer summits, tighter sanctions, same standoff

Biden on N Korea: Fewer summits, tighter sanctions, same standoff

22-Aug-2020 Intellasia | South China Morning Post | 6:02 AM

No more “Little Rocket Man”, exchanging love letters or summit pageantry. If Joe Biden is elected US president, American policy toward North Korea is likely to [...] » More

S. Korean startups shine amid coronavirus recession

22-Aug-2020 Intellasia | Koreaherald | 6:02 AM

While nearly all industries have been affected by the lingering coronavirus pandemic, South Korea’s startup scene is showing resilience with local startups successfully [...] » More

China’s top electric-car battery producer, Nio to team up for battery-swap venture as industry sales forecast to triple by 2025

22-Aug-2020 Intellasia | South China Morning Post | 6:02 AM

China’s biggest producer of electric-car batteries is seeking to capture the rapid growth in sales of new energy vehicles (NEVs) by setting up battery-swapping stations [...] » More

China-US relations: we cannot predict or influence American domestic politics, says Chinese ambassador

22-Aug-2020 Intellasia | South China Morning Post | 6:02 AM

China had no interest in influencing the upcoming US presidential election and did not want to waste its time waiting until after the election before managing ties with the [...] » More

The real state of China’s economy remains a mystery

22-Aug-2020 Intellasia | Bloomberg | 6:02 AM

One of the most severe floods in decades is ravaging the industrial heartland, just as China struggles to shake off the impact of COVID-19. The Yangtze River’s [...] » More