Archive for October 17th, 2020

Chinese anti-submarine aircraft enters Taiwan’s ADIZ again

17-Oct-2020 Intellasia | TaiwanNews | 6:02 AM

A Chinese anti-submarine aircraft entered the southwest corner of Taiwan’s air defense identification zone (ADIZ) on Thursday night (October 15), marking the 18th [...] » More

Shinhan Card upgrades ‘Face Pay’ at CU convenience store

17-Oct-2020 Intellasia | KoreaTimes | 6:02 AM

Shinhan Card said Friday it has upgraded its “Face Pay” system ? based on facial recognition ? that operates at a CU convenience store in Seoul. BGF [...] » More

State-run agency provided housing guarantee for foreign owner of 42 homes

17-Oct-2020 Intellasia | KoreaTimes | 6:02 AM

The Korea Housing & Urban Guarantee Corporation (HUG) has come under scrutiny for having provided a housing loan guarantee to a foreign resident who owns 42 apartments [...] » More

Two compelling female finalists heat up race for WTO director-general

17-Oct-2020 Intellasia | KoreaTimes | 6:02 AM

For the first time, Korea has produced a finalist in the race for the head of the World Trade Organisation (WTO). The distinction achieved by Trade minister Yoo Myung-hee is [...] » More

Concerns grow over possible mass infections among young people

17-Oct-2020 Intellasia | KoreaTimes | 6:02 AM

Concerns are growing again over possible mass COVID-19 infections in Korea as young people have started socialising more often in night clubs and other entertainment [...] » More

N Korea expected to test new ICBM after US election: experts

17-Oct-2020 Intellasia | KoreaTimes | 6:02 AM

As expected, North Korea showcased a new intercontinental ballistic missile (ICBM), presumably a Hwasong-16, and a new submarine-launched ballistic missile (SLBM), the [...] » More

US military says Korean workers may be laid off amid row over costs

US military says Korean workers may be laid off amid row over costs

17-Oct-2020 Intellasia | Reuters | 6:02 AM

The US military will put nearly 9,000 South Korean workers on unpaid leave from April in the absence of an agreement on the sharing of costs of maintaining 28,500 US troops [...] » More

Top EV battery maker LG Chem in JV talks with automakers: CEO

17-Oct-2020 Intellasia | Reuters | 6:02 AM

LG Chem, the world’s top electric vehicle (EV) battery maker, is in talks with a “couple” of automakers to create joint ventures to produce automotive [...] » More

Seoul highlights citizens’ health in handling Fukushima water issue

17-Oct-2020 Intellasia | KoreaTimes | 6:02 AM

South Korea’s foreign ministry reiterated its “foremost priority” to protect its citizens’ health and safety Friday in dealing with Japan’s [...] » More

Lawmakers seek breakthrough in improving ties with Japan during November visit

17-Oct-2020 Intellasia | KoreaTimes | 6:02 AM

Korean lawmakers who belong to a Korea-Japan friendship association will be in Japan in mid-November to discuss ways to ease the lingering conflict over the issue of wartime [...] » More

China points finger at Korean media over BTS dispute

17-Oct-2020 Intellasia | KoreaTimes | 6:02 AM

Chinese media, along with Chinese social media and internet users, were the first to pick on South Korean boyband BTS over its expression of appreciation for the South Korean [...] » More

GM Korea ignores KDB after borrowing $750 million

17-Oct-2020 Intellasia | KoreaTimes | 6:02 AM

GM Korea was found to have ignored its second-largest shareholder the Korea Development Bank (KDB), although the state-run bank lent it $750 million in 2018 to normalise the [...] » More

392,000 job losses in September amid COVID-19 pandemic

17-Oct-2020 Intellasia | KoreaTimes | 6:02 AM

South Korea lost about 392,000 jobs in September, marking a decline in the number of the employed for the seventh consecutive month, as the coronavirus pandemic hammered job [...] » More

Woori Bank looks into grounds to dismiss unfairly hired employees

17-Oct-2020 Intellasia | KoreaTimes | 6:02 AM

Woori Bank said Thursday it has begun looking into the legal grounds to cancel the recruitment of 19 employees involved in unfair hiring by the lender from 2015 to 2017. [...] » More

Uber joins forces with SK Telecom to crack tough Korea market

17-Oct-2020 Intellasia | Reuters | 6:02 AM

Uber Technologies UBER.N said on Friday it will invest more than $150 million in a joint venture and partnership with South Korea’s SK Telecom Co Ltd 017670.KS, which [...] » More