Archive for October 8th, 2021

LG Electronics enhances partnership with Italy’s furniture maker Molteni&C

08-Oct-2021 Intellasia | Yonhap | 5:02 AM

LG Electronics Inc. said Thursday it will expand its partnership with Italian luxury furniture maker Molteni&C S.P.A. to better promote its high-end brand LG Signature. [...] » More

WHO says it began shipment of COVID-19 medical supplies to N. Korea

08-Oct-2021 Intellasia | Yonhap | 5:02 AM

The World Health Organization (WHO) said that it has begun the shipment of COVID-19 medical supplies to North Korea through the Chinese port of Dalian, raising the [...] » More

S. Korea reports 2,427 more COVID-19 cases

08-Oct-2021 Intellasia | Xinhua | 5:02 AM

South Korea reported 2,427 more cases of COVID-19 as of midnight Wednesday compared to 24 hours ago, raising the total number of infections to 325,804. The daily caseload was [...] » More

WHO says COVID-19 aid to N Korea being held in quarantine

08-Oct-2021 Intellasia | Reuters | 5:02 AM

COVID-19 aid supplies have arrived in North Korea but are being held in quarantine in its seaport of Nampho, the World Health Organization (WHO) said on Thursday, as the [...] » More

Court orders cancellation of forceful discharge of deceased transgender soldier

08-Oct-2021 Intellasia | Yonhap | 5:02 AM

A court ruled Thursday in favour of a deceased transgender solider in a suit filed to get the Army’s decision to discharge her repealed, a landmark ruling that could [...] » More

S. Korean economy faces growing downside risks: KDI

08-Oct-2021 Intellasia | Yonhap | 5:02 AM

The South Korean economy is facing increasing downside risks as the uptick in COVID-19 cases is delaying the recovery of private spending amid heightened uncertainty about [...] » More

Korean Air’s Asiana acquisition: What is happening?

08-Oct-2021 Intellasia | Koreaherald | 5:02 AM

Korean Air’s plan to acquire financially-troubled rival Asiana Airlines is facing a bumpy road as the deadline for the 1.8 trillion won ($1.6 billion) deal has been [...] » More

S. Korea logs current account surplus for 16th month in August

08-Oct-2021 Intellasia | Yonhap | 5:02 AM

South Korea posted a current account surplus for the 16th straight month in August as exports remained robust and revenue from cargo shipping rose amid the global economic [...] » More

Posthumous victory for Korean transgender soldier as court tells army to annul dismissal

08-Oct-2021 Intellasia | Reuters | 5:02 AM

A South Korean soldier who committed suicide earlier this year after being dismissed by the army following gender reassignment surgery won a posthumous victory on Thursday, [...] » More

EXCLUSIVE UN expert calls for N Korea sanctions to be eased as starvation risk looms

08-Oct-2021 Intellasia | Reuters | 5:02 AM

North Korea’s most vulnerable risk starvation after it slipped deeper into isolation during the COVID-19 pandemic and UN sanctions imposed for its nuclear and missile [...] » More

FM Chung stresses end-of-war declaration in talks with Blinken

08-Oct-2021 Intellasia | Koreaherald | 5:02 AM

South Korean Foreign minister Chung Eui-yong stressed the need to declare an official end to the Korean War in his talks with US Secretary of State Antony Blinken, amid [...] » More

Korea secures 20,000 courses of Merck’s COVID-19 pill, says PM

08-Oct-2021 Intellasia | Reuters | 5:02 AM

South Korea has secured 20,000 courses of an experimental antiviral pill developed by Merck & Co (MRK.N) for COVID-19 treatment, prime minister Kim Boo-kyum said on [...] » More

S. Korean economy to grow 2.8pct in 2022: think tank

08-Oct-2021 Intellasia | Yonhap | 5:02 AM

The South Korean economy is likely to lose its upward momentum and grow less than 3 percent in 2020 amid slowing exports and waning pandemic-related stimulus, a private think [...] » More

Most bond experts eye rate freeze in October: poll

08-Oct-2021 Intellasia | Yonhap | 5:02 AM

Nearly nine in 10 bond mavens in South Korea predict the central bank to freeze its key interest for October due mainly to volatile external conditions, a poll showed [...] » More

As Wall Street sees a Chinese stock market ‘on sale,’ others warn ‘that game is over’

08-Oct-2021 Intellasia | CNBC | 5:02 AM

Financial advisors have been telling investors for years that if you have a long-term portfolio view of the future, it has to include China. With its stock market down huge [...] » More