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BUSINESSJul 20Beggar’s banquet: South Korea’s young consumers turn extreme budgeting into a gameFor South Korea’s young budget-conscious consumers, finding a meal for less than 8,000 won (US$5.40) – at a time when a typical meal out in major cities can easily cost 12,000 won or more – has become more than a money-saving exercise. Crowdsourced platform Geoji Map has turned the search for ultra-cheap meals into a viral online activity. Its name, which literally translates as “Beggar Map”, reflects a broader Korean slang trend of using “beggar” humour to describe surviving on a tight...South China Morning Post
BUSINESSJul 18Why the AI Chip Boom Just Forced South Korea to Raise Interest RatesThe article explores how the boom in AI chips has compelled South Korea to raise interest rates. It highlights the economic impact of technological advancements on monetary policy.ibtimes.com · United States
BUSINESSJul 18How South Korean hypermarket chain’s fall reflects ‘time-poor’ consumer demandsHomeplus was once a retail haven for millions of South Korean families who shopped for groceries and household goods regularly at its cavernous hypermarkets. But that ritual over almost three decades ended this week when the company closed all its remaining 67 operating outlets nationwide after suspending 37 others earlier as part of its restructuring. The sudden closure of South Korea’s second-largest hypermarket chain reflects not only its financial distress, but also a decline of the shopping...South China Morning Post
WORLDJul 17BTS, the South Korean group that propelled K-pop to the top of the global music industryAs the seven artists perform on July 17 and 18 at the Stade de France, we look back at their beginnings in 2013 and their unprecedented rise.Le Monde [en]
CYBERJul 17Why South Korea is racing to build a sovereign AI model for cybersecuritySouth Korea plans to develop its own cybersecurity-focused artificial intelligence model by the end of this year, after a brief US clampdown on advanced systems exposed the risks of relying on foreign technology for national cyber defence. But Seoul’s more ambitious longer-term idea of building a frontier model capable of competing with the world’s most advanced systems would require it to overcome a persistent gap in AI software, computing capacity and large-scale training, analysts said. The...South China Morning Post
BUSINESSJul 17‘Gateway to Asean’: South Korea bets on Vietnam hub for food expansionSouth Korean food exporters are no longer treating Vietnam as just another market for kimchi, instant noodles and premium fruit. As Southeast Asia emerges as one of South Korea’s most important trading regions, Seoul is positioning Vietnam as a logistics and distribution base for a wider push to turn the popularity of Korean culture into sustained demand for Korean food across the region. But analysts said the strategy would depend on more than Hallyu-driven curiosity, with exporters needing to...South China Morning Post
MILITARYJul 16Lockheed Martin unit wins $101.8M South Korea defense deal: Check detailsA unit of Lockheed Martin has secured a defense deal with South Korea valued at $101.8 million. This contract involves the provision of military equipment or services to the South Korean defense sector.Seeking Alpha Tech
BUSINESSJul 16AI memory, chip stocks dip again as South Korean peers slump despite strong TSM resultsStocks for AI memory and chips experienced a dip, mirroring a slump in South Korean peers despite positive results from TSM. This indicates a notable trend in the technology and semiconductor market.Seeking Alpha Tech
CYBERJul 16Posts falsely claim all South Korean students required to learn Chinese history , cultureFalse claims are circulating online, asserting that all South Korean students are mandated to learn Chinese history and culture. This highlights the spread of misinformation regarding educational policies.yahoo.com · United States
BUSINESSJul 16South Korea Central Bank Raises Interest Rates To 2.75%Consumer prices climbed 3.2 percent in June from a year earlier, partly due to higher energy costs and supply chain disruptions linked to conflict in the Middle East. The post South Korea Central Bank Raises Interest Rates To 2.75% appeared first on Channels Television.Channels TV
BUSINESSJul 16South Korea KOSPI Plunges 6 . 49 % as Chip Selloff Triggers Trading Halt and Wipes Out Prior Day RallyThe South Korean KOSPI index plunged significantly, triggering a trading halt due to a chip selloff and erasing gains from the previous day. This represents a major event in the financial markets.ibtimes.com.au · Australia
BUSINESSJul 16Asian shares mostly decline with South Korea Kospi down 6 . 6 %, while oil prices slipAsian shares mostly declined, with South Korea's Kospi down significantly, while oil prices also slipped. This indicates a notable downturn in regional markets and commodity values.reflector.com · United States
WORLDJul 16‘Great Chinese women’: tourists praised for preventing serious accident in South KoreaA group of Chinese travellers in South Korea successfully brought a runaway coach under control after the driver lost consciousness while driving, triggering heated discussions online. On Chinese social media, several passengers shared what they experienced on the limousine to Incheon International Airport in the afternoon of July 11. As the coach with 10 to 20 passengers headed towards the expressway close to Terminal 1, it suddenly bumped into the roadbed. A Chinese woman, surnamed Sun, was...South China Morning Post
BUSINESSJul 16Asian shares mostly decline with South Korea Kospi down 6 . 6 %, while oil prices slipAsian stock markets mostly declined, with South Korea's Kospi experiencing a significant drop, while oil prices also slipped. This reflects a period of negative performance in global financial and commodity markets.thegazette.com · United States
BUSINESSJul 16Asian shares mostly decline with South Korea Kospi down 6 . 6 %, while oil prices slipAsian stock markets mostly declined, with South Korea's Kospi experiencing a significant drop, while oil prices also slipped. This reflects a period of negative performance in global financial and commodity markets.bozemandailychronicle.com · United States
WORLDJul 15Princess Anne meets humanoid robot in South KoreaPrincess Anne met a humanoid robot during a visit to South Korea. This highlights an interaction between royalty and advanced technology in an international setting.crookwellgazette.com.au · Australia
SCI & TECHJul 15Princess Anne meets humanoid robot in South KoreaPrincess Anne has met a humanoid robot during an engagement in South Korea. This event highlights interactions between public figures and technological advancements.bunburymail.com.au · Australia
MILITARYJul 15Why South Korea’s submarine exports are running agroundSouth Korea’s failed bid for Canada’s next-generation submarine fleet has exposed a growing problem for one of Asia’s fastest-rising defence exporters: price, speed and technology may no longer be enough. Analysts said the loss of the Canadian Patrol Submarine Project (CPSP) to Germany’s ThyssenKrupp Marine Systems showed how Nato security ties and pressure on member states to favour allied industrial bases were increasingly outweighing commercial competitiveness in decisions over major...South China Morning Post
WORLDJul 15 ( VIDEO ) Princess Anne Honors Fallen British Soldiers in South Korea on 75th Anniversary of Imjin River BattlePrincess Anne honored fallen British soldiers in South Korea on the 75th anniversary of the Imjin River Battle. This event commemorates a historical military engagement and recognizes military personnel.ibtimes.com.au · Australia
POLITICSJul 15South Korean court acquits defector over money transfers to NorthA South Korean court has acquitted a defector accused of illegal money transfers to North Korea. This resolves a legal case with implications for cross-border relations.bssnews.net · Bangladesh
BUSINESSJul 15Asian stocks rise on drop in US inflation rate , with South Korea Kospi up 7 % Asian stock markets are rising due to a reported drop in the US inflation rate, with South Korea's Kospi index notably up 7%. This indicates a positive economic reaction to inflation data.businesstimes.com.sg · Singapore
BUSINESSJul 15SK Hynix South Korean shares jump 11% as Asia tech stocks rallySK Hynix led a broad rally in Asian technology shares on Wednesday, tracking a rebound in U.S. semiconductor shares after a sharp selloff earlier this week.CNBC
WORLDJul 14Princess Anne Meets K - Pop Band NMIXX During Visit to South KoreaPrincess Anne met with K-Pop band NMIXX during her visit to South Korea. This event highlights cultural diplomacy and royal engagements.townandcountrymag.com · United States
CONFLICTJul 14South Korea airs concerns over North Korean border activity | Muscat Daily| Oman News |Business | SportsSouth Korea has expressed worries regarding recent activities along the border with North Korea. This indicates rising tensions or surveillance between the two nations.muscatdaily.com · Oman
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