Archive for October 14th, 2021

US stresses ‘sincerity’ in its overture toward N Korea

14-Oct-2021 Intellasia | Koreaherald | 5:53 AM

The top national security advisers of South Korea and the US on Tuesday reaffirmed their commitment to engaging with North Korea, pledging to work together to bring Pyongyang [...] » More

SK Inc. to launch ‘turquoise hydrogen’ joint venture with Monolith

14-Oct-2021 Intellasia | Koreaherald | 5:53 AM

SK Inc., the holdings firm of SK Group, said Wednesday it will form a joint venture in South Korea with Monolith, the world’s first company to have successfully [...] » More

US presence in Korea helps ensure stability, security: Pentagon Press Secretary

14-Oct-2021 Intellasia | Yonhap | 5:53 AM

US forces in South Korea help maintain peace and stability, Pentagon Press Secretary John Kirby said Tuesday, in response to North Korea’s recent claims that they [...] » More

GM settles $2 billion Bolt EV recall cost deal with Korea’s LG

14-Oct-2021 Intellasia | Reuters | 5:53 AM

General Motors Co (GM.N) said on Tuesday its battery partner, South Korea’s LG Electronics Inc (066570.KS), had agreed to reimburse it for the $2 billion estimated in [...] » More

IMF keeps S. Korea’s 2021 growth outlook at 4.3pct, trims global economic forecast

14-Oct-2021 Intellasia | Koreaherald | 5:53 AM

The International Monetary Fund maintained its forecast for South Korea’s economic growth for this year at 4.3 percent, while revising down its projection for the [...] » More

Korea broadband firm sues Netflix after traffic surge from ‘Squid Game’

14-Oct-2021 Intellasia | Reuters | 5:53 AM

South Korean Internet service provider SK Broadband has sued Netflix (NFLX.O) to pay for costs from increased network traffic and maintenance work because of a surge of [...] » More

Job additions largest in over 7 years in September despite 4th wave of pandemic

14-Oct-2021 Intellasia | Yonhap | 5:53 AM

South Korea reported the largest job growth in more than seven years in September in the latest sign that the country’s job recovery has continued despite the fourth [...] » More

N Korea Uses ‘Squid Game’ to Bash the South: ‘Their Humanity Is Being Wiped Out’

14-Oct-2021 Intellasia | Newsweek | 5:53 AM

A state-run North Korean media site used the recent Netflix smash hit, Squid Game, to slam South Korean society as “immoral” and “beastly.” In a post [...] » More

Korea launches panel to debate ‘living with COVID-19′

14-Oct-2021 Intellasia | Reuters | 5:53 AM

South Korea established a panel on Wednesday to debate a strategy on how to “live with COVID-19″ in the long-term, as the country seeks to phase out coronavirus [...] » More

Korea’s ‘Squid Game’ is Netflix’s biggest original show debut

14-Oct-2021 Intellasia | Reuters | 5:53 AM

Hit South Korean show “Squid Game” has officially become Netflix’s (NFLX.O) biggest original series launch, the streaming service said on Wednesday. The [...] » More

Koreans blame short sellers for bear market

14-Oct-2021 Intellasia | Koreaherald | 5:53 AM

South Korean day traders are expressing frustrations over the bearish domestic stock market in early October, out of the belief that short selling strategies by institutional [...] » More

S. Korea to continue expansionary fiscal policy next year: finance minister

14-Oct-2021 Intellasia | Yonhap | 5:53 AM

South Korea’s top economic policymaker has said the government plans to maintain expansionary fiscal policy next year in a bid to prop up the economic recovery, [...] » More

S. Korea, US reaffirm efforts to engage with N. Korea

14-Oct-2021 Intellasia | Yonhap | 5:53 AM

The top national security advisers of South Korea and the United States on Tuesday reaffirmed their commitment to engaging with North Korea, also vowing to work together in [...] » More

N Korean soldier in blue generates buzz on social media

N Korean soldier in blue generates buzz on social media

14-Oct-2021 Intellasia | AP | 5:53 AM

A North Korean soldier clad in a super-tight blue outfit in a state media photo has generated a buzz on social media, with some calling him “a superhero,” [...] » More

S. Korea begins mapping out route back to normalcy

14-Oct-2021 Intellasia | Koreaherald | 5:53 AM

South Korea is positively considering a “vaccine pass” system to incentivise people to get vaccinated against COVID-19 as officials look to start the [...] » More