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Home » Archives for November 4, 2024

November 4, 2024

America’s North Korea Policy at Crossroads Ahead of Presidential Election.

November 4, 2024

Seoul: Two days before the U.S. presidential election, America’s policy direction on North Korea remains a critical concern for South Korea. Pyongyang continues its provocative actions, including menacing rhetoric, weapons tests, disturbing balloon la…

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KISA Warns of Growing Hacking Risks Related to N. Korean Troop Dispatch.

November 4, 2024

Seoul: South Korea’s cybersecurity watchdog has issued a warning to local organizations and businesses, urging them to enhance their data protection measures due to increasing hacking threats linked to North Korea’s troop dispatch to Russia. The Korea…

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S-Oil Reports Third-Quarter Loss Amid Low Refining Margins and Weak Won.

November 4, 2024

Seoul: S-Oil Corp., South Korea’s third-largest refiner by sales, announced on Monday that it experienced a net loss in the third quarter, attributed to low refining margins and a depreciating won.

According to Yonhap News Agency, S-Oil reported a n…

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Yoon to Deliver Public Address on Thursday to Unveil Policy Vision and Address Allegations.

November 4, 2024

Seoul: President Yoon Suk Yeol is set to deliver a public speech this Thursday to present his policy vision and address ongoing controversies, according to information from the presidential office and sources on Monday. The address, scheduled for 10 a…

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Hankook Tire and Technology Reports 28.4% Rise in Q3 Net Income.

November 4, 2024

Seoul: Hankook Tire and Technology Co. announced on Monday a significant increase in its third-quarter net income, reporting a 28.4 percent rise to 385.6 billion won (US$281.5 million) compared to the same period last year.

According to Yonhap News …

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S. Korea, U.S. Sign Defense Cost-Sharing Deal Ahead of U.S. Elections.

November 4, 2024

Seoul: South Korea and the United States have formally signed a defense cost-sharing agreement as Seoul aims to expedite its domestic ratification process to ensure the stable stationing of American troops in the region ahead of the U.S. elections. Th…

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DP Leader Lee Jae-myung Agrees to Abolish Financial Investment Income Tax.

November 4, 2024

seoul: Main opposition Democratic Party (DP) leader Lee Jae-myung announced on Monday that he has agreed with the ruling party and government to abolish the planned financial investment income tax. “It is right to push ahead with (the implementation o…

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EU Foreign Policy Chief Urges Comprehensive Support for Ukraine Amid Concerns Over North Korean Troop Deployment.

November 4, 2024

Seoul: The European Union’s (EU) foreign policy chief has stressed the necessity of supporting Ukraine across all facets, including military aid, amidst rising concerns over North Korea’s deployment of troops to Russia. Josep Borrell, the EU’s high re…

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SK Telecom Sets Sights on Establishing AI Data Center Hub in South Korea for Asia-Pacific Region.

November 4, 2024

SEOUL: SK Telecom Co., the telecommunications arm of SK Group, plans to transform South Korea into a central hub for artificial intelligence (AI) data centers in the Asia-Pacific region, as announced by its CEO, Ryu Young-sang, on Monday. The ambitiou…

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EU Foreign Policy Chief Calls for Comprehensive Support for Ukraine Amid North Korean Troop Concerns.

November 4, 2024

Seoul: The European Union’s (EU) foreign policy chief has emphasized the necessity of supporting Ukraine comprehensively, including the provision of military assistance, amid increasing concerns about North Korea’s deployment of troops to Russia.

Acc…

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