Archive for February 23rd, 2021

Will BlackRock divest from Kakao over ESG issues?

23-Feb-2021 Intellasia | KoreaTimes | 6:02 AM

BlackRock appears to be falling into a dilemma over its strategy to prioritise environmental, social and corporate governance (ESG) criteria after Kakao sparked severe public [...] » More

[News Focus] Doctors protest bill to strip convicts of medical licenses

23-Feb-2021 Intellasia | Koreaherald | 6:02 AM

Doctors are once again in conflict with the government, this time over a legislative revision on the revocation of medical licenses, and are threatening industrial action [...] » More

N Korean defectors sue unification minister for defamation

23-Feb-2021 Intellasia | KoreaTimes | 6:02 AM

Four North Korean defectors are suing Unification minister Lee In-young for defamation over his recent remarks which they claim treated defectors as “liars.” The [...] » More

NK defectors accuse unification minister of defamation

23-Feb-2021 Intellasia | Koreaherald | 6:02 AM

Four North Korean defectors in South Korea are filing a criminal defamation complaint against Unification minister Lee In-young over remarks he made earlier this month [...] » More

8 foreigners, 1 Korean test positive for COVID-19 after party at USFK member’s home

23-Feb-2021 Intellasia | KoreaTimes | 6:02 AM

Eight foreigners and one South Korean have tested positive for the new coronavirus after attending a party at a US Forces Korea (USFK) service member’s home, officials [...] » More

[News Focus] Foreign banks losing foothold in Korea

23-Feb-2021 Intellasia | Koreaherald | 6:02 AM

Recent reports of Citigroup’s possible divestiture plans for its South Korean subsidiary, as well as its other Asia-Pacific consumer units, shed light on how foreign [...] » More

UPDATE 1-Korea February 1-20 exports expand 16.7pct y/y, underpinning recovery

23-Feb-2021 Intellasia | Reuters | 6:02 AM

South Korea’s exports during the first 20 days of February expanded 16.7 percent from a year earlier, customs agency data showed on Monday, faster than a 10.5 percent [...] » More

Seoul to tax crypto gains, bring in more regulations

23-Feb-2021 Intellasia | Koreaherald | 6:02 AM

South Korean investors who make more than 2.5 million won ($2,260) from cryptocurrency trading will face a 20 percent tax starting next year, according to the Ministry of [...] » More

Foreign ministry calls in Japanese diplomat over Tokyo’s renewed Dokdo claims

23-Feb-2021 Intellasia | KoreaTimes | 6:02 AM

The foreign ministry called in a Japanese diplomat in Seoul on Monday to lodge a protest over Japan’s renewed claims to South Korea’s easternmost islets of Dokdo. [...] » More

Strike threat by Korean doctors fans fears of vaccine rollout disruption

23-Feb-2021 Intellasia | Reuters | 6:02 AM

Doctors in South Korea have threatened a protest strike against legislation to strip them of licences following criminal convictions, sparking fears about possible disruption [...] » More

Less than half of Koreans willing to receive COVID-19 vaccine shots now: poll

23-Feb-2021 Intellasia | KoreaTimes | 6:02 AM

Less than half of South Koreans are willing to receive COVID-19 vaccine shots immediately, without waiting for further reports on those vaccines’ effects, an opinion [...] » More

NPS beefs up US equities exposure to $43.9b

23-Feb-2021 Intellasia | Koreaherald | 6:02 AM

South Korea’s public pension fund, the National Pension Service, has boosted its United States stock exposure to $43.9 billion in the fourth quarter of 2020, a US [...] » More

[EXCLUSIVE] LG Electronics-Vingroup mobile talk collapses

23-Feb-2021 Intellasia | KoreaTimes | 6:02 AM

LG Electronics’ recent attempt to sell its mobile phone factories to Vingroup has fallen through as the Vietnamese conglomerate’s offer was lower than that wanted [...] » More

Unification minister calls for early resumption of inter-Korean dictionary project

23-Feb-2021 Intellasia | Koreaherald | 6:02 AM

Unification minister Lee In-young called Monday for efforts to restart a long-suspended project to compile a unified Korean-language dictionary with North Korea, saying it [...] » More

Donald Trump’s audacious secret plot to avoid ‘fire and fury’ nuclear war with Kim Jong-un revealed

23-Feb-2021 Intellasia | TheSun | 6:02 AM

DONALD Trump made secret overtures to Kim Jong-un in a bid to avoid nuclear war even as they traded insults, a new documentary reveals. In an audacious move, the former [...] » More