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The Latest Breaking News from South Korea

Football: Qatar World Cup places on offer as qualifiers resume

Fifteen teams have already qualified for the 2022 World Cup. Now, the remaining 44 are competing for the 17 spots.

Al Jazeera

This Tesla, Lucid Supplier Is Investing $7.2B In North America To Boost EV Battery Output

South Korea's LG Energy Solution, which counts Tesla Inc (NASDAQ: TSLA) and Lucid Group Inc (NASDAQ:

Benzinga

South Korea's disgraced ex-president Park returns home after prison

Former South Korean President Park Geun-hye left hospital on Thursday three months after she was released from prison where she spent nearly five years following a conviction on corruption charges.

Reuters

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Pardoned ex-President Park heads home from S. Korea hospital

Former President Park Geun-hye is going home three months after being pardoned for one of South Korea’s worst government-corruption scandals

The Independent UK

Stellantis Fires Up EV Rivalry With Tesla

Stellantis NV (NYSE:STLA), Mercedes-Benz Group AG (OTC:DMLRY), and TotalEnergies SE (NYSE:TTE) joint venture Automotive Cells Company looked to build an EV battery plant in Italy. The plant would involve an investment of over €7 billion, Reuters reports The partners aimed to increase its industrial capacity to at least 120-gigawatt hours (GWh) by 2030. ACC looked to produce batteries…

Benzinga

Feminism in South Korea after the election of an avowed anti-feminist

Earlier this month, South Korea held one of its most closely contested presidential elections in recent history. Conservative candidate Yoon Suk-yeol weaponised a sexist blacklash against feminism and won the race by just over 263,000 votes. Despite the slim margin, South Korean feminists fear the consequences for women will be…

France 24

The jobs - and ageing faces - behind South Korea's record low unemployment numbers

At age 69, Kim Jung-mi holds three jobs: she spends three hours getting a two-year old home from kindergarten every weekday for $9 per hour, then washes vegetables at a store that sells kimchi. Occasionally, she walks her neighbour's dog.

Reuters

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S.Korea's total COVID cases top 10 million as crematoria, funeral homes overwhelmed

South Korea's total coronavirus infections topped 10 million, or nearly 20% of its population, authorities said on Wednesday, as surging severe cases and deaths increasingly put a strain on crematories and funeral homes nationwide.

Reuters

Join in the joys of Korean weddings

The Korean Cultural Center is hosting a traditional Korean wedding for the first time in Bangkok, allowing everyone to enjoy the customs and costumes, at Korean Town, Sukhumvit 12, on Friday at 11am.

Bangkok Post

Chelsea sale: Nick Candy's consortium partner breaks silence amid brutal Blues takeover decision

Chelsea news: The South Korean football agent was hoping to help the British property tycoon in his attempts to takeover his boyhood club from Roman Abramovich

Football London

South Korea's COVID-19 deaths strain crematories, hospitals

Health officials in South Korea have instructed crematories to burn more bodies per day and funeral homes to add more refrigerators to store the dead

The Independent UK

Escape from Mogadishu review – Koreans bolt through Somali war-zone chaos

Diplomats from North and South Korea join forces to escape the Somalian capital in 1991, in film version of an amazing true story

The Guardian - UK

Telemedicine booms in S.Korea amid COVID, President-elect Yoon backs practice

Kim Jin-woo, a 27-year old resident of Seoul battling COVID-19 and recovering at home under a new government policy, needed to see a doctor when his symptoms did not improve, but the nearest designated hospital was fully booked. So he picked up his phone.

Reuters

Euroseas Inks New Building Agreements For Three Fuel Efficient Vessels

Euroseas Ltd. (NASDAQ:ESEA) has signed a contract for the construction of three 1,800 teu eco-design fuel-efficient feeder containerships. The total consideration for the construction of the three vessels is ~$102 million and will be financed with a combination of debt and equity. The vessels will be built at Hyundai Mipo Dockyard Co. in…

Benzinga

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StockNews.com

Should You Buy the Dip in Coupang?

The shares of South Korea-based e-commerce giant Coupang (CPNG) were crushed recently after its largest shareholder sold CPNG shares worth $1 billion. Furthermore, challenges related to high costs and rising local competition make the company’s growth prospects gloomy. Also, given that CPNG has not been able to improve its profitability,…

The Independent UK

S. Korea's Yoon faces obstacles in plan to ditch Blue House

South Korea’s outgoing liberal government takes issue with a plan by its rival and conservative President-elect Yoon Suk Yeol to relocate the presidential office by his inauguration in May

Reuters

Moon administration says rush to move S.Korea's presidential office threatens security

Outgoing South Korean President Moon Jae-in's administration said on Monday his successor's rush to relocate the presidential office and official residence could "create a security vacuum and confusion" at a time of tensions with North Korea.

Al Jazeera

As global brands shun Russia, Asian firms sit out controversy

Different government policies and public perceptions fuel reluctance to follow Western-led corporate exodus, experts say

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The Independent UK

S. Korean slavery victim seeks UN justice as time runs out

Thirty years ago, South Korean Lee Yong-soo went public with her story of adduction, rape and forced prostitution by Japan’s wartime military

The Guardian - US

‘Crime against nature’: the rise and fall of the world’s most notorious succulent thief

Byungsu Kim pleaded guilty to attempting to ferry more than 3,700 wild dudleya plants from California parks to South Korea

Asharq Al-Awsat

South Korea's President-elect Ditches 'Imperial' Blue House Office

South Korea's president-elect said Sunday he will relocate his office from the "imperial" Blue House, in a move critics charged is linked to his belief in shamanistic spiritual practices. Yoon Suk-yeol, who won a tight election earlier this month, pledged on the campaign trail that he would move presidential business…

The Independent UK

N. Korea fires artillery into sea days after missile launch

South Korea says North Korea has fired suspected artillery pieces into the sea

Reuters

N.Korea fires multiple-rocket launcher, South says

North Korea appeared to have fired a short-range multiple rocket launcher on Sunday, South Korea's military said, amid heightened military tensions on the peninsula after a spate of larger missile launches by the nuclear-armed North.

The Independent UK

S. Korea's next leader to abandon Blue House for new office

South Korea’s president-elect says he will abandon the current mountainside presidential palace of Blue House and establish his office in central Seoul as part of efforts to better communicate with the public

Reuters

S.Korea's Yoon says he will move presidential office to defence ministry

South Korean president-elect Yoon Suk-yeol, breaking with decades of tradition, said on Sunday he will move the presidential office from the Blue House to the defence ministry compound, a step estimated to cost $40 million.

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