South Korea
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Business
India’s Largest Stock Offering of 2024: Hyundai Motor India to Launch $3 Billion IPO
Hyundai Motor India is set to launch its initial public offering (IPO) next week, with share prices expected to be priced between Rs 1,865 and Rs 1,960 ($22 to $23). This valuation could position the automaker at approximately $19 billion, marking it as the largest stock offering in the country this year. This IPO represents Hyundai’s first foray into public…
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World News
South Korea Evacuates Nationals from Lebanon Amid Escalating Tensions
In a decisive move, South Korea successfully evacuated 97 citizens and their family members from Lebanon using a military aircraft, marking the country’s first such operation amid rising regional tensions. The South Korean Foreign Ministry announced on Saturday that the KC-330 military transport aircraft landed at Seoul Airport at 12:50 PM local time (3:50 GMT). The evacuation included 96 South…
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World News
North Korean Balloons Disrupt Operations at Seoul Airports, Cause Runway Closures
Seoul: Since June, South Korea has been compelled to repeatedly close runways at Seoul’s two major airports, Incheon and Gimpo, due to disturbances caused by North Korean balloons filled with trash, according to a South Korean lawmaker on Wednesday, who cited aviation records. Democratic Party lawmaker Yang Bu-nam revealed in a statement that over the span of 20 different days…
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India News
Visa-On-Arrival for Nationals from Japan, South Korea, and UAE Now Available in India
Exciting news for travelers! Citizens of Japan, South Korea, and the UAE can now avail themselves of a visa-on-arrival facility when visiting India for tourism, business, conferences, and medical purposes. This visa allows a stay of up to 60 days with the convenience of double entry. However, this facility is only available at six specific airports: Bangalore, Chennai, Delhi, Hyderabad,…
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World News
South Korea to Suspend Medical Licenses of Striking Doctors
Seoul, South Korea – In a move that could further cripple the nation’s healthcare system, South Korea‘s health ministry announced plans to begin suspending the medical licenses of trainee doctors who continue their month-long strike. This comes as negotiations between the government and the doctors remain deadlocked. The strike, which began in February, stems from the government’s plan to significantly…
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World News
Rising Threat: AI-Generated Deepfakes Challenge Democracy in South Korean Elections
Seoul, South Korea: With less than 50 days until South Korea’s parliamentary elections in April, concerns are rising about the surge in AI-generated deepfake content. The National Election Commission (NEC) reports detecting 129 instances of AI-generated media violating the recently revised election law, which forbids deepfake use in electoral campaigning. The legislation, enacted in response to evolving disinformation facilitated by…
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World News
North Korea Launches Suspected Ballistic Missile: Claims Japan
Tokyo: North Korea launched a suspected ballistic missile, reported Japan and South Korea. The missile, believed to be a medium-range one, was launched from the Pyongyang area into the East Sea. Japan’s Defense Ministry stated it was likely shorter-range than recent tests. While Japan believes it landed outside its exclusive economic zone, both nations are collaborating with the U.S. to…
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World News
South Korea Strengthens Semiconductor Ties: Focus on Netherlands, U.S., and Japan
Seoul: In a significant move, President Yoon Suk Yeol of South Korea announces plans to enhance semiconductor collaboration with the Netherlands, the U.S., and Japan. This decision comes as the Dutch government aligns with the U.S. to limit China’s access to advanced chip technology. Notably, the Netherlands hosts ASML, crucial for chip production, with Samsung and SK hynix as major…
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US, South Korea, and Japan Strategize Against North Korea’s Nuclear Threat in Trilateral Talks
U.S. National Security Adviser Jake Sullivan is set to meet with South Korean and Japanese counterparts to address rising tensions on the Korean Peninsula, exacerbated by North Korean leader Kim Jong Un’s nuclear and missile program expansion. The trilateral talks in Seoul will focus on North Korea’s recent military satellite launch, deemed essential for monitoring U.S. and South Korean activities.…
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