Archive for October 23rd, 2021

High demand for ‘Squid Game’ tracksuits cheers Korea’s struggling garment sector

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

The “Made in Korea” green tracksuits and pink jumpsuits worn by characters in Netflix’s (NFLX.O) global hit “Squid Game” have proven a [...] » More

Incheon international Airport reports sharp recovery in traveler flow in past 2 mths

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

Incheon International Airport, the main gateway to South Korea, has seen a sharp recovery in the number of inbound and outbound travellers over the past two months amid the [...] » More

US spy plane dispatched to Korea following S. Korea’s rocket launch: tracker

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

A US spy aircraft flew over the Korean Peninsula on Friday, an aviation tracker showed, in what appears to be a sortie to monitor North Korea’s military activities [...] » More

PM says hard-hit businesses, low-risk facilities will be first to benefit from eased virus rules

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

Prime minister Kim Boo-kyum said Friday hard-hit businesses and low-risk facilities will be the first to benefit from eased COVID-19 restrictions starting next month. Kim [...] » More

US intelligence sees N. Korea ‘highly vulnerable’ to climate change

23-Oct-2021 Intellasia | Kyodo | 5:02 AM

North Korea and India are among a group of 11 countries the US intelligence community assesses as being “highly vulnerable” to the impacts of the climate crisis [...] » More

Incheon international Airport reports sharp recovery in traveler flow in past 2 mths

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

Incheon International Airport, the main gateway to South Korea, has seen a sharp recovery in the number of inbound and outbound travellers over the past two months amid the [...] » More

Factbox: Electric-vehicle batteries: major players and their expansion plans

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

The global auto industry’s shift to electric vehicles (EVs) has spurred an expansion race among battery makers and led to a growing skills shortage. Global EV sales, [...] » More

Samsung SDI and Stellantis in vehicle battery deal

23-Oct-2021 Intellasia | AFP | 5:02 AM

South Korean battery maker Samsung SDI will jointly produce electric vehicle batteries in the US with global carmaker Stellantis, the South Korean firm said Friday its [...] » More

‘Jeonse’ loans taken out by those in 20s, 30s soar W60tr

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

The amount of “jeonse” loans for homes extended to Koreans in their 20s and 30s surged by nearly 60 trillion won ($50.9 billion) in the last five years, raising [...] » More

N. Korea’s nuclear activity spawning, a big challenge for safeguard efforts: IAEA chief

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

North Korea’s nuclear activities has expanded over the years and continue to move ahead, creating a big challenge for verification and safeguard efforts, the head of [...] » More

[Newsmaker] S. Korea to impose temporary fuel tax cut amid gas price hike

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

South Korea will temporarily cut fuel taxes to soften the blow of skyrocketing gasoline prices, which put upward pressure on inflation, First vice Finance minister Lee [...] » More

Korea fails to put dummy satellite into orbit

Korea fails to put dummy satellite into orbit

23-Oct-2021 Intellasia | CNN | 5:02 AM

South Korea failed to put a dummy satellite into orbit on Thursday after the first launch of its domestically developed three-stage Nuri rocket, the country’s President [...] » More

Analysis: Moon’s push for military independence may echo far beyond his presidency

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

When South Korean President Moon Jae-in arrived this week at Seoul’s largest weapons expo ever in the back seat of a fighter jet, he didn’t present the image of a [...] » More

N Korea questions US intent after fresh offer to meet

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

North Korea said on Thursday the United States was overreacting to its recent missile test and questioned the sincerity of Washington’s offers of talks, after a US [...] » More

In UN showdown over Xinjiang, China says ‘lies still lies’

In UN showdown over Xinjiang, China says ‘lies still lies’

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

Dozens of countries kept up pressure on China at the United Nations on Thursday over accusations of rights abuses against Uyghur Muslims and other minorities in the [...] » More