South Korea
‘Golden Week’ bookings show Chinese travel preferences are evolving
Outbound travel from China is set to receive a much-anticipated jolt as “Golden Week” bookings show changes in where and why Chinese people are traveling. Buoyed by falling airfares, Chinese travelers are booking more overseas trips for the National Day holiday period, which extends from Oct. 1 to 7, according to Fliggy, a major travel […]
Read More
North Korea gives rare view of uranium enrichment site during Kim Jong Un visit
Russia’s President Vladimir Putin and North Korea’s leader Kim Jong Un attend a state reception in Pyongyang, North Korea June 19, 2024. Vladimir Smirnov | Via Reuters North Korean leader Kim Jong Un visited a uranium enrichment facility and called for new centrifuges to produce more weapons-grade material for nuclear bombs, state media KCNA reported on Friday. The report […]
Read More
Tokyo says it ‘lodged a protest’ after North Korea fired missiles toward Sea of Japan
People watch a television screen showing a news broadcast with file footage of a North Korean missile test, at a train station in Seoul on Sept. 12, 2024. North Korea fired multiple short range ballistic missiles into waters east of the Korean peninsula on September 12, Seoul’s military reported, days after the nuclear-armed North marked […]
Read More
Samsung Electronics plans global job cuts of up to 30% in some divisions: Reuters, citing sources
Samsung Electronics, the world’s top maker of smartphones, TVs and memory chips, is cutting up to 30% of its overseas staff at some divisions, three sources with direct knowledge of the matter told Reuters. Jakub Porzycki | Nurphoto | Getty Images Samsung Electronics, the world’s top maker of smartphones, TVs and memory chips, is cutting up to 30% of its […]
Read More
Chinese consumer companies have a ‘disproportionate’ advantage over Asian peers in winning the global market
Pictured here in Nov. 2023 is a storefront for Chinese retailer Miniso in London. Peter Dazeley | Getty Images News | Getty Images BEIJING — Chinese brands turning to global markets for growth have a major advantage over the first wave of Asian businesses that went global: a large ethnic Chinese diaspora. That’s according to […]
Read More
Asian chip stocks fall after Nvidia sell-off on Wall Street overnight
Key Points Chip and tech stocks across Asia opened sharply lower Wednesday morning, following a steep plunge in Nvidia’s share price in the U.S. overnight. Source
Read More
First France, now South Korea — Telegram’s legal troubles are only growing. Here’s why
Telegram logo displayed on a broken phone screen. Illustration photo taken in Krakow, Poland on August 27, 2024. Nurphoto | Nurphoto | Getty Images Following the recent arrest of its founder in France, Telegram is now facing potential legal troubles in South Korea. The country’s chief police investigator has announced a preliminary investigation into the […]
Read More
Has Boeing shaken your confidence to fly? A new MIT study could restore it
Airfare, departure times, flight length — these are the usual considerations for travelers who want to book a flight. But now, more are looking at a new factor: the aircraft itself. One in five travelers said they are doing more research into the plane they may be flying on before they book, while slightly […]
Read More
Uber CEO says growth in South Korea promising despite underdog status
The Uber company logo is seen in the Falchi Building on June 26, 2024 in New York City. Michael M. Santiago | Getty Images Uber Technologies’ CEO on Friday expressed commitment to the South Korean market, where it is an underdog to local tech group Kakao, and said the platform will attract more taxi drivers for growth. “The fact is that a […]
Read More
New, deadlier mpox found in Thailand: These Asian nations have ramped up precautions
3D generated image of DNA spiral being attacked by monkeypox Virus. Uma Shankar Sharma | Moment | Getty Images Countries in Asia have ramped up precautions after cases of the new and deadlier strain of mpox, known as Clade 1b, was recently found outside the African continent. At least four countries have recently reported mpox […]
Read More