South Korea
Americans view these Asian countries as safer now than before the pandemic
A new study shows American travelers view many Asian nations as safer travel destinations now than they did four years ago. South Korea, Singapore, Thailand, Japan, China and Vietnam rose in the annual safety rankings published by travel insurance provider Berkshire Hathaway Travel Protection. The survey in the 2022 “State of Travel Insurance Report” also […]
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South Korea and North Korea leaders sent ‘personal letters’ to each other this week
Korean leaders Kim Jong Un and Moon Jae-in exchanged personal letters this week, the North’s state news agency KCNA reported. This file photo shows the two leaders at the end of an inter-Korean summit in 2018. Pyeongyang Press Corps | Getty Images News | Getty Images North Korean leader Kim Jong Un responded to a […]
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South Korea’s new central bank governor flags weaker growth
South Korea’s new central bank governor Rhee Chang-yong said the Ukraine crisis, U.S. monetary tightening, and Covid-19 resurgence in China as near-term factors weighing on economic growth amid persistently high inflation. Bloomberg | Bloomberg | Getty Images South Korea’s new central bank governor Rhee Chang-yong said on Thursday that economic growth is expected to weaken […]
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North Korea is committed to an ‘alarming change’ in its nuclear policy, professor says
North Korea ultimately wants to have more nuclear weapons to use against the U.S. troops in South Korea and Japan in the event of an invasion, according to a professor at the Middlebury Institute of International Studies. North Korea currently has the ability to use a small number of nuclear weapons against the United States, […]
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South Korea’s central bank unexpectedly raises rates as prices surge
Signage at the Bank of Korea headquarters in Seoul, South Korea, on Monday, Nov. 22, 2021. South Korea’s central bank raised its policy rate to the highest since August 2019 on Thursday in an unexpected move. SeongJoon Cho | Bloomberg | Getty Images South Korea’s central bank raised its policy rate to the highest since […]
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Kia unveils redesigned Niro EV and updated Telluride SUV
Kia on Wednesday unveiled its new lineup of Niro hybrid and EV crossovers as well as updates to its extremely popular Telluride SUV. Both nameplates are important to the automaker in different ways. The Telluride has been a surprise sales success for the company, while the new Niro models come as consumers are being squeezed […]
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These global stocks were first-quarter winners and Wall Street sees more upside ahead
These buy-rated stocks from the U.S. and beyond had a strong start to the year and are expected to continue to rise. Source
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Here are the 3 top trends for Asia’s start-up scene in 2022, according to Microsoft
For entrepreneurs in Asia, the future seems brighter than ever. More so than elsewhere in the world, Asia “leapfrogged other forms of connectivity” to become so-called “mobile-first,” said Jesus Martin, chief strategy at Microsoft Asia. “And because Asia went mobile-first, mobile became the platform that underpinned innovations and new business models.” Mobile first refers to the strategy […]
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Alibaba leads $60 million funding into augmented reality glasses maker Nreal in metaverse play
An attendee tries a pair of Nreal mixed-reality glasses at the MWC Shanghai exhibition in Shanghai, China, on Tuesday, Feb. 23, 2021. Qilai Shen | Bloomberg | Getty Images Alibaba led a $60 million investment round into augmented reality glasses maker Nreal, the start-up said on Wednesday, as Chinese technology giants look for ways to […]
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5 charts show the stages of global economic recovery since Covid hit
Commuters on a train in Hong Kong on March 2, 2022, amid the Covid pandemic. Dale De La Rey | AFP | Getty Images Oil prices plunged, travel came to a halt and unemployment rates spiked when the coronavirus hit in early 2020. Then, signs of recovery emerged. Stock markets rebounded and quickly surpassed 2019 […]
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