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Monday, May 6, 2024
TopicSouth korea

Topic: south korea

US, South Korea, Japan express concern over North Korea’s ‘malicious’ cyber activities

Amid North Korea's rising nuclear threats, South Korea's nuclear envoy held talks with his US & Japanese counterparts in Seoul this week and condemned the isolated country's weapons tests.

US chip subsidy criteria could be a ‘burden’ to companies like Samsung, says South Korea

Conditions include sharing excess profit with the US government, and three industry sources said the application process itself could expose confidential corporate strategy.

Chip plants in China won’t be forced to shut if firms receive US funding, says South Korea

The proposed rules for funding recipients limit chip production capacity growth in China to 5% over 10 yrs as measured by wafers, & 10% for older legacy chips, trade ministry said.

South Korea announces ‘watch-list’ of banned items for third-party export to North Korea

The list specifically targets North Korea's satellite development after Pyongyang said it will develop a new spy satellite by April this year.

‘Dangerous provocative’, says North Korea over US-South Korea joint military drills

North Korea's ambassador warned that recent military action by US and South Korea could lead to a crisis, adding that the countries appeared to be preparing for a war of aggression.

Created by web designers & AI, South Korean girl band offers glimpse into metaverse

The group's almost human-like avatars provide an early glimpse of how the metaverse is likely to evolve as South Korea's entertainment and tech industries join hands.

South Korea’s Yoon Suk Yeol to visit Japan – first state visit by a Korean president in 12 yrs

He will hold a summit meeting with Japanese Prime Minister Kishida. The visit will be an important milestone in the development of relations between the two nations, Yoon's office said.

South Korea appeals court order to compensate Vietnam war victim, says defence ministry

Seoul Central District Court in February ordered govt to provide 30 million won in compensation & additional funds for delay to Nguyen Thi Thanh, a survivor of Vietnam War.

South Korea to halt WTO dispute process, in talks with Japan to lift export curbs

South Korean tech firms such as Samsung Electronics Co Ltd, SK Hynix Inc and LG Display Co Ltd were among companies widely expected to be affected by the curbs.

South Korea announces to resolve forced labour dispute with Japan, says will not use their funds

The dispute over colonial-era forced labour has been a source of dispute between the US allies, overshadowing the neighbours' political and trade relations for years.

On Camera

‘Trade, not aid’—Narasimha Rao’s 1991 reforms speech that changed India’s economic landscape

On 9 July 1991, then-PM PV Narasimha Rao addressed the nation days before the Budget presentation, admitting that the job of repairing India's sick economy won't be easy, quick, or smooth.

Air India reduces baggage allowance by 5-15 kg, bringing it in line with rest of industry

Air India’s new policy, effective from 2 May, introduces new weight limits for tickets in each of the different 'fare families' — Comfort, Comfort Plus, and Flex.

China builds road through Shaksgam Valley, India registers protest

New Delhi has, in past, too, objected to Chinese construction activities in Shaksgam Valley. Work in this strategic region gathered pace after the 2017 Doklam stand-off.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.