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Japan denies lifting of Fukushima seafood ban
... of Japan's Fukushima seafood as a tactic to get backing for our bid to join the Trans-Pacific Partnership, according to Yonhap News Agency . Japan is one of the leading members of the 11 nation TPP , which includes Australia, Singapore and Mexico. South Korea is working on domestic procedures to submit an application, Yonhap said. Both China and Taiwan are interested in joining the TPP . In February, Taiwan lifted an import ban on food products from Fukushima and some other Japanese prefectures imposed ...
Updated: 05/25/2022
Euro jumps above 1.0700 in Asian trading
... Australian dollar was up to 0.7092. The Nikkei 225 fell 253.38 points or 0.94 percent to 26,748 in Tokyo. The Australian All Ordinaries fell 25.70 points or 0.35 percent to 7,373. In New Zealand, the S&P NZX 50 fell by 69.43 points or 0.61 percent to 11,247. South Korea's Kospi Index fell 41.51 points or 1.57 percent to 2,605. The Hang Seng was down 400 points in late trading in Hong Kong. Overnight on Wall Street, the Dow Jones industrials rose 618.34 points or 1.98 percent to 31,880. The tech-laden Nasdaq Composite ...
Updated: 05/24/2022
Vietnam EV firm VinFast moves to Singapore ahead of IPO
... big corporate, we always consider all potential financing transactions, according to Thuy. The automaker has been developing its own batteries as a hedge against future shortage, according to Thuy, the first VF 8 models to be powered by batteries from South Korea's Samsung SDI Co Ltd . VinFast expects to have the capacity to produce around 3,000 vehicles with its own batteries by the end of the year, she said. Thuy plans to spend more time in Singapore, where VinFast is about to buy a building, turning ...
Updated: 05/24/2022
Samsung announces US$356 billion investment plan
... plan for the next five years, designed to make it a frontrunner in a wide range of sectors from semiconductors to biologics. More than a third of its investments have been spent over the past five years, according to the new figure. The tech giant is South Korea's largest conglomerate and its turnover is equivalent to a fifth of the national gross domestic product. Samsung Electronics , its flagship subsidiary, is the world's biggest smartphone maker. The investment plan will bring long-term growth in strategic ...
Updated: 05/24/2022
Samsung to raise spending by over $450 trillion to help businesses
Samsung plans to raise spending by more than 30% to 450 trillion won over the course of the half-decade to 2026 to shore up businesses from chips to drugs as South Korea s conglomerates struggle with growing economic and supply shocks. Samsung plans to raise spending by more than 30% to 450 trillion won over the course of the half-decade to 2026 to shore up businesses from chips to drugs as South Korea s conglomerates ...
Updated: 05/24/2022
Russian anti-govt group proposes certificate for anti-Putin protesters
... our system and issue the relevant paperwork. The politician implied that the proposed certificate could be used to alleviate concerns that some people in the West have about Russians living in their countries. The opposition wants to create a virtual South Korea like the North Korea in Russia, which Putin wants to create, Kasparov said. The gathering in Lithuanian capital, Vilnius, was organized by the so-called Anti-War Committee of Russia, a group that includes some of the most familiar faces of the ...
Updated: 05/24/2022
South Korean police looking to freeze Luna Foundation Guard's funds
... been embezzled. See also: IS TERRA LUNA DEAD? Since TerraUSD 's UST USD de-pegging event and LUNA collapse, founder Do Kwon has been the subject of scrutiny. Last week, reports emerged that he had been ordered to pay $78 million for tax evasion in South Korea, an allegation he later denied, claiming that Terra has no outstanding tax liabilities in the country. Another report said that the Yeouido Grim Reaper task force, a special branch of South Korea's financial crimes unit, had been reinstated to investigate ...
Updated: 05/24/2022
No new deaths reported in North Korea for 3rd straight day
SEOUL, South Korea said on Tuesday there were no new deaths among fever patients in the country, the first time since it first reported a coronavirus outbreak nearly two weeks ago, adding that it was seeing a downward trend in pandemic-related cases SEOUL, South ...
Updated: 05/24/2022
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