Archive for January 27th, 2021

What the Biden administration’s first call with Korea’s defense secretary says about the countries’ relationship

27-Jan-2021 Intellasia | TheWeek | 7:22 AM

Defense Secretary Lloyd Austin had his first call with his South Korean counterpart, minister of National Defense Suh Wook, this weekend. It sounded like things went pretty [...] » More

S. Korea plans to vaccinate 70pct of population by September

27-Jan-2021 Intellasia | Arirang | 7:22 AM

South Korea is aiming to inoculate 70 percent of its population by September to achieve herd immunity by November. President Moon Jae-in was briefed Monday on the [...] » More

S. Korea reports 354 more COVID-19 cases, 75,875 in total

27-Jan-2021 Intellasia | Xinhua | 7:22 AM

South Korea reported 354 more cases of COVID-19 as of midnight Monday compared to 24 hours ago, raising the total number of infections to 75,875. The daily caseload was down [...] » More

Moon, Xi vow to accelerate high-level exchanges

Moon, Xi vow to accelerate high-level exchanges

27-Jan-2021 Intellasia | KoreaTimes | 7:22 AM

President Moon Jae-in and Chinese President Xi Jingping agreed during phone talks late Tuesday to promote high-level visits and people-to-people exchanges ahead of the 30th [...] » More

New virus cases fall back to below 400 again

27-Jan-2021 Intellasia | KoreaTimes | 7:22 AM

South Korea’s daily new coronavirus cases fell back to below 400 on Tuesday on the back of tighter virus curbs, but authorities remain on alert over a rise in cluster [...] » More

Korean defense industry set to enjoy robust 2021

27-Jan-2021 Intellasia | Koreaherald | 7:22 AM

South Korean defense companies enjoyed a solid performance last year despite complications from the pandemic and are expected to continue their momentum this year, according [...] » More

Korean actress Song Yoo-jung passes away at the age of 26

27-Jan-2021 Intellasia | Yahoo Lifestyle SEA | 7:22 AM

K-drama actress Song Yoo-jung has passed away at the age of 26 on 23 January. According to Soompi.com, Song’s agency Sublime Artist Agency shared a statement about her [...] » More

Hyundai Motor marks 41pct growth in Q4 profits

27-Jan-2021 Intellasia | Koreaherald | 7:22 AM

Automaker sees global sales volume slip amid pandemic, profits from high-end model, SUV launches Hyundai Motor saw its operating profit soar by over 40 percent in the fourth [...] » More

S. Korea appeals WTO’s ruling over anti-dumping tariffs on Japanese steel

27-Jan-2021 Intellasia | YNA | 7:22 AM

South Korea on Monday appealed the World Trade Organisation’s ruling that Seoul partially violated anti-dumping rules when imposing tariffs on Japanese stainless steel [...] » More

Retail investors push Kosdaq above 1,000 for first time in 20 years

27-Jan-2021 Intellasia | Koreaherald | 7:22 AM

South Korea’s tech-heavy Kosdaq rose above 1,000 points Tuesday for the first time in 20 years, before wiping out earlier gains in the afternoon. The secondary index [...] » More

Korea’s economy shrinks 1pct in 2020

27-Jan-2021 Intellasia | Koreaherald | 7:22 AM

Asia’s fourth-largest economy contracts for the first time in 22 years, amid COVID-19 pandemic, but rebound is anticipated for 2021 South Korea’s economy shrank 1 [...] » More

[News Focus] Korea attains higherpctage of female ministers than US, Japan

27-Jan-2021 Intellasia | Koreaherald | 7:22 AM

President Moon Jae-in was active in appointing women to his Cabinet during the early part of his term, though the percentage relative to the total has dropped since then. On [...] » More

Korea probes adequacy of Hyundai’s Kona EV recall after new fire: ministry official

27-Jan-2021 Intellasia | Reuters | 7:22 AM

South Korea probes adequacy of Hyundai’s Kona EV recall after new fire: ministry official A Hyundai Motor Kona electric vehicle caught fire last week in the first-ever [...] » More

Korea’s Kakao affiliates to merge

27-Jan-2021 Intellasia | BangkokPost | 7:22 AM

South Korea’s mobile content platform provider Kakao Page Corp and its entertainment affiliate Kakao M Corp have announced they will merge into a giant entity, called [...] » More

Power generators to bleed W1.3tr in 2021 due to anti-coal drive

27-Jan-2021 Intellasia | Koreaherald | 7:22 AM

South Korea’s state power companies are projected to register 1.3 trillion won ($1.17 billion) in combined losses this year due to the nation’s anti-coal drive [...] » More