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Looking ahead, those searching for pockets of opportunities in the region can look to Morgan Stanley's selection of "alpha" stocks. Among the "notable top-ranked stock ideas" on its list is South Korean commercial bank Hana Financial Group. "Our Korea Financial analyst, Joon Seok ... believes large-cap banks are key beneficiaries of the corporate reform theme," Morgan Stanley's analysts said. Here are 10 stocks from Morgan Stanley's full list of top overweight-rated stocks for April. Notable bottom-ranked stocks Morgan Stanley named its "notable bottom-ranked stock ideas."
Persons: India's, Morgan Stanley's, Joon Seok, Morgan, Joon, Morgan Stanley, Santos, — CNBC's Michael Bloom Organizations: Japan's Nikkei, CSI, Alpha, Japan, Hana Financial, Korea Financial, Financial Services, Novatek Microelectronics, Analysts, Morgan, Berger Paints Locations: India, Japan, China, Asia, Pacific, Korean
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKorean investors looking at elections and May "value up" update: Morgan StanleyMorgan Stanley's Joon Seok says the Korean "value up" program needs to be continuously pushed to boost the equity market, adding there are sub-sectors in tech, banks, industrials that will benefit from the reforms.
Persons: Morgan Stanley Morgan Stanley's Joon Seok
"So Bixby has been a key voice assistants voice assistant for Samsung not just for the mobile devices, but also for TVs and digital appliances that exist in Samsung's ecosystem. So it has been the core voice assistant assistant so far," Won-joon Choi, executive vice president at Samsung's mobile business, told CNBC in an interview last month. Choi did not give a timeline when Bixby may get generative AI features, but said that Samsung is "working so hard" to deliver them. Samsung's focus on the technology comes at a time when investors are scrutinizing what Apple will deliver when it comes to generative AI. Apple announced it would hold its annual developers conference, WWDC, in June, when the company is largely expected to talk up some AI features across its products.
Persons: SeongJoon Cho, Bixby, Samsung's Bixby, joon Choi, Choi Organizations: Samsung Electronics Co, Samsung, Bloomberg, Getty, CNBC, Galaxy, Google, Apple Locations: Seoul, South Korea
Shin Joon Hwan, an ecologist, walked along a road lined with cherry trees on the verge of blooming last week, examining the fine hairs around their dark red buds. The flowers in Gyeongju, South Korea, an ancient capital, belong to a common Japanese variety called the Yoshino, or Tokyo cherry. Mr. Shin’s advocacy group wants to replace those trees with a kind that it insists is native to South Korea, called the king cherry. “These are Japanese trees that are growing here, in the land of our ancestors,” said Mr. Shin, 67, a former director of South Korea’s national arboretum.
Persons: Shin Joon Hwan, , Shin Locations: Gyeongju, South Korea, Tokyo
Cortney Warren's mom, Karen Warren, was diagnosed with a terminal illness in 2016. She saw death as a way to make the most out of the life she had left. "It became very clear that as she was dying, nothing else really mattered — it was all about the memories and experiences with loved ones," Warren said. Hospital chaplain Joon Park previously told BI that patients on their deathbeds also often worry about their loved ones' future and how their death will affect them. But at the end of your life, you don't care about those things," Warren said.
Persons: Cortney, Karen Warren, Cortney Warren, , Warren, Joon Organizations: Service, Business
Christopher Nolan was awarded the top prize at the Directors Guild Awards for “Oppenheimer” Saturday, solidifying his front-runner status for next month’s Oscars. Other winners at the untelevised ceremony in Los Angeles included Celine Song, for first time directorial achievement for her romantic drama “Past Lives,” and Mstyslav Chernov for the documentary “ 20 Days in Mariupol, ” a joint project between The Associated Press and PBS “Frontline.”The Directors Guild of America also recognizes achievements in scripted and nonscripted television, with the drama series prize going to Peter Hoar for “The Last of Us” episode “Long, Long Time,” and the comedy trophy for Christopher Storer for the “Fishes” episode of “The Bear.”The DGA award is a first for Nolan who had been nominated for the same award four times previously, for “Memento,” “The Dark Knight,” “Inception” and “Dunkirk.” This year, Nolan was up against some formidable competition in Martin Scorsese for “Killers of the Flower Moon,” Yorgos Lanthimos for “Poor Things,” Alexander Payne for “The Holdovers” and Greta Gerwig for “Barbie,” who some pundits thought might have been capable of an upset win in response to her snub in the same category at the Oscars. The guild’s voting body consists of over 19,000 members, which is nearly double the entire membership of the Academy of Motion Picture Arts and Sciences. But even with different voter makeups, only eight times in 75 years has the DGA winner not also gone on to take the directing Oscar. The most recent divergence was in 2019, when Sam Mendes won the DGA for “1917” and the Oscar went to Bong Joon-ho for “Parasite.” Last year, Daniel Kwan and Daniel Scheinert won both for “Everything Everywhere All At Once.”Photos You Should See View All 21 ImagesAt the Oscars on March 10, Nolan’s fellow best director nominees include Scorsese, Lanthimos, Jonathan Glazer for “The Zone of Interest” and Justine Triet for “Anatomy of a Fall.” Final Oscar voting begins on Feb. 22.
Persons: Christopher Nolan, “ Oppenheimer, Celine Song, Chernov, Peter Hoar, , “ Long, Christopher Storer, , Nolan, Martin Scorsese, ” Alexander Payne, Greta Gerwig, “ Barbie, Oscar, Sam Mendes, Bong Joon, Daniel Kwan, Daniel Scheinert, Nolan’s, Scorsese, Lanthimos, Jonathan Glazer, Justine Triet Organizations: Associated Press, PBS, of America, Academy of Motion Picture Arts and Sciences, DGA Locations: Los Angeles, Mariupol, “ Dunkirk,
Read previewRepublican Rep. Paul Gosar complained that there are too few white people enlisting in the US Army in a funding email seen by Vice News. "The number of white recruits has plummeted," Gosar wrote in the email, which had the subject line, "dismantling woke marxist ideologies." Related stories"This is not merely a crisis of numbers," Gosar said in the email, per Vice. is known for his far-right views and has been accused of having links to White nationalists and Capitol rioters. US Army soldiers take part in a parade during the 75th South Korea Armed Forces Day ceremony in Seoul, South Korea, Tuesday, Sept. 26, 2023.
Persons: , Paul Gosar, Gosar, Ahn Young, joon Organizations: Service, US Army, Vice, Business, Army, Capitol, South Korea Armed Forces, AP Locations: Seoul, South Korea
[1/4] South Korean Foreign Minister Park Jin, right, shakes hands with his Chinese counterpart Wang Yi prior to a meeting in Busan, South Korea, Sunday, Nov. 26, 2023. Ahn Young-joon/Pool via REUTERS Acquire Licensing RightsSEOUL, Nov 26 (Reuters) - The foreign ministers of South Korea, China and Japan meet in South Korea on Sunday, seeking to restart cooperation among the Asian neighbours and pave the way for a trilateral summit. In September, senior officials from the three countries agreed to arrange a trilateral summit at the "earliest convenient time". South Korean Foreign Minister Park Jin met separately on Sunday morning with his Japanese counterparts Yoko Kamikawa and China's Wang Yi. Marring the cooperative tone, Kamikawa called an order by a South Korean court for Japan to compensate a group of women forced to work in Japanese wartime brothels "extremely regrettable" and requested the South Korean government take appropriate measures, Japan's Kyodo news agency reported.
Persons: Park Jin, Wang Yi, Ahn Young, Xi Jinping, Joe Biden, Yoko Kamikawa, China's Wang Yi, Kamikawa, Wang, Yoon Suk Yeol, Fumio Kishida, Biden, Hyonhee Shin, Sam Nussey, William Mallard Organizations: South Korean Foreign, REUTERS Acquire, Rights, Sunday, South, Kyodo, Thomson Locations: Busan, South Korea, Rights SEOUL, China, Japan, United States, Beijing, Washington, Tokyo, Seoul, North, Pyongyang, Moscow
China warns South Korea not to politicise economic issues
  + stars: | 2023-11-26 | by ( ) www.reuters.com   time to read: +2 min
South Korean Foreign Minister Park Jin, right, talks with his Chinese counterpart Wang Yi prior to a meeting in Busan, South Korea, Sunday, Nov. 26, 2023. "China and South Korea have become cooperation partners with highly integrated interests and highly interconnected production and supply chains," Wang told South Korean Foreign Minister Park Jin, according to a Chinese foreign ministry readout. "Both sides should jointly resist the tendency to politicise economic issues, instrumentalise science and tech issues, and the broad securitisation of trade issues." South Korea has sought to avoid becoming embroiled in a tit-for-tat row between China and the United States over semiconductors. "China is willing to jointly promote the restart of revamped trilateral cooperation with South Korea and Japan," Wang said on Sunday.
Persons: Park Jin, Wang Yi, Ahn Young, Wang, Xi Jinping, Joe Biden, Yoon Suk Yeol, Fumio Kishida, Biden, Laurie Chen, William Mallard Organizations: South Korean Foreign, REUTERS Acquire, Rights, South Korean, U.S, Samsung Electronics, SK Hynix, South, Thomson Locations: Busan, South Korea, Rights BEIJING, China, Korea, United States, Japan, Beijing, Washington, Tokyo, Seoul
Do Kwon, the cryptocurrency entrepreneur, who created the failed Terra (UST) stablecoin, is taken to court in Podgorica, Montenegro, March 24, 2023. The decision will be made after Do Kwon completes serving his prison sentence for document forgery, the court said. A South Korean national, Kwon is the former CEO of South Korea-based Terraform Labs, the company behind the stablecoin TerraUSD that collapsed in May 2022, roiling cryptocurrency markets. Following Kwon's arrest, the U.S. District Court in Manhattan made public an eight-count indictment against him for securities fraud, wire fraud, commodities fraud and conspiracy. In late May, a Montenegrin court scrapped a bail of 800,000 euros for the pair, saying it could not be taken as a solid guarantee, nor their promise they would not run away once released from detention.
Persons: Kwon, Stevo, Do Kwon, Kwon ´, Han Chang, joon, Daria Sito, Mark Potter Organizations: UST, REUTERS, Rights, Police, Terraform Labs, Court, Korean, Labs, U.S, Thomson Locations: Podgorica, Montenegro, Rights SARAJEVO, South Korea, United States, U.S, Rican, Montenegrin, Dubai, Manhattan
AI bots, on the other hand, will do whatever you tell them to, practically for free. So researchers are starting to use chatbots as fake people from whom they can extract data about real people. In July 2020, Facebook introduced a walled-off simulation of itself, populated with millions of AI bots, to study online toxicity. His team created hundreds of personas for its Twitter bots — telling each one things like "you are a male, middle-income, evangelical Protestant who loves Republicans, Donald Trump, the NRA, and Christian fundamentalists." Scientists create experiments to be simpler than reality, to offer explanatory power uncomplicated by the messiness of real life.
Persons: chatbots, Donald Trump, Petter Törnberg, Törnberg, Emma, Terry Crews, mindlessly, we've, LLMs, Lisa Argyle, Joon, he's, Smallville's café, messier, it's, sims, Adam Rogers Organizations: ABC News, CNN, New York Times, Twitter, Institute, Logic, University of Amsterdam, Columbia University, Facebook, NRA, American, Election, Democratic, Chamber Twitter, Brigham Young University, Stanford University Locations: Alabama
The World Is Becoming More African
  + stars: | 2023-10-28 | by ( Declan Walsh | Hannah Reyes Morales | ) www.nytimes.com   time to read: +37 min
Old World Young Africa As the world grays, Africa blooms with youth. The World Is Becoming More African Part one of a series on how the youth boom is changing the continent, and beyond. But while a handful of African countries are poised to ride the demographic wave, others risk being swamped by it. In the West, racists and right-wing nationalists stoke fears of African population growth to justify hatred, or even violence. The age gap between geriatric leaders and restless youth is “a major source of tension” in many African countries, said Simon Mulongo, a former African Union diplomat from Uganda.
Persons: Lauren Leatherby, , Jean, Patrick Niambé, Hilton, Edward Paice, , Keziah Keya, Keya, Paul R, Ehrlich, stoke, Lauren Leatherby “, Carlos Lopes, Burna, Weeks, “ It’s, Laolu Senbanjo, Tems, Toulaye Sy, Pritzker, Abdulrazak Gurnah, “ Africa’s, ” Long, exotica, Mulendema, Hannah O’Leary, “ We’re, Sipho Dlamini, Dlamini, Moawad, Optimists, Mo Ibrahim, Aubrey Hruby, birthrates, India’s, China’s, Akinwumi Adesina, States —, William Ruto, Paul Biya of, Biya, Wole Soyinka, Paul Kagame of, Nourdine, Nigeriens, Awade, Ali Bongo Ondimba, Simon Mulongo, Nuha Abdelgadir, Abdelgadir, gesturing, “ We’ve, ” Weeks, Abdelgadir’s, Modu Ali, Young, Saidu, Habiba Mohammed, Ms, Ha, Joon Chang, Nobody, Chang, Ibrahim, Touré Organizations: Young, United Nations, Southern, Northern, Western Asia Northern, United, Ivory Coast, African Union, Group, European Union ., Suisse, Africa Research Institute, Nigeria Mozambique Kenya “, Russia Canada Germany United, Russia Canada Germany United States Japan China Iran Egypt India Mexico Nigeria Ethiopia Ethiopia Dem, Russia Germany, China Egypt India Nigeria D.R.C, Russia Canada Germany United States Japan China Iran Egypt India Mexico Nigeria Ethiopia Dem, Bank, Nations, International, Bryn Mawr College, Angola, Angola Ivory Coast, Angola Ivory Coast Cameroon Dem, Africa Middle Africa Southern, Economic Commission, New, Citi, Spotify, Cannes Film, Burkina Faso, UNESCO, Disney, Amazon Prime, Netflix, , Apple, Cape Town, Microsoft, Google, Infrastructure, McKinsey & Company, Pew Research Center, African Development Bank, Greek Coast Guard, Saudi, Africa Climate, Young Voters, Freedom House, University of Denver, United Arab, Japan Cuba Vatican City, Netherlands South Korea Belgium U.A.E, Islamic, Global, Center for Girls Education, School of Oriental, Studies Locations: grays, Africa, India, China, United States, Southern Asia, Asia, America, Caribbean, Northern America, Western Asia, Western Asia Northern America, Europe, London, New York, West Africa, Ivory, Abidjan, Russia, Turkey, Gulf, Nairobi, Nigeria Mozambique Kenya, Italy, Japan, Russia Canada Germany United States Japan China Iran Egypt India Mexico Nigeria Ethiopia Ethiopia, Congo Indonesia Brazil Australia South Africa Argentina, Russia Germany U.S, China Egypt India Nigeria, Brazil South Africa Australia, Russia Canada Germany United States Japan China Iran Egypt India Mexico Nigeria, Nigeria, Africa’s, Young, South Africa, Somalia, Mozambique, Mali, Gabon, Niger, Mozambique Nigeria Kenya, Kenya, Pennsylvania, Angola Ivory, Angola Ivory Coast Cameroon, Congo Algeria Egypt, Ghana Kenya Madagascar Mozambique Niger Nigeria, Tanzania Uganda South Africa, Northern Africa Eastern Africa, Africa Middle Africa, Africa Middle Africa Southern Africa, Guinea, Bissau, African, Qatar, Nigerian, Brooklyn, Target, French, Senegalese, Paris, Milan, Venice, Burkina, Tanzania, Saharan Africa, Nigeria Kenya Senegal In Lagos, Dakar, Zambia, South Korea, Sotheby’s, Lagos, Zimbabwe, Watford, Cape, Mombasa, Zanzibar, Cairo, Morocco, East Africa, Nigeria Mozambique Morocco, Sudanese, North Africa, East Asia, Thailand, Rwanda, Ivory Coast, States, Namibia, Kenyan, Paul Biya of Cameroon, Paul Kagame of Rwanda, United Arab Emirates, United States France Turkey, Germany, Russia India, Brazil, Japan Cuba, Japan Cuba Vatican City Spain Italy Saudi Arabia Qatar, Netherlands South Korea Belgium, Iran Canada, Niger’s, Niamey, Senegal Kenya Kenya, X’s, Tunisia, Egypt, Libya, Senegal, Uganda, Khartoum, Sudan, Ethiopia, Al Qaeda, Islamic State, Chad, Burkina Faso, Nigeria Nigeria Morocco, hijabs, Zaria, American, Korea, South, England
Seoul, South Korea CNN —South Korea’s Constitutional Court has upheld a law banning same-sex relations in the military, citing a threat to combat-readiness, in a judgment decried by the local LGBTQ community as a disappointing setback. “Even if sexual acts are consensual” they risk “causing serious harm to preserving the fighting power of the nation’s armed forces, if committed (while on duty),” it added. But the group said it was encouraged by the comments of the dissenting judges, who warned against deeming sexual acts between same-sex couples as abnormal. The dissenting judges said there is “no reason” to differentiate between consensual sexual acts by same-sex soldiers and heterosexual ones. With a mandatory military service imposed on almost all able-bodied men between the age of 18 and 28, South Korea has one of the world’s largest active armies.
Persons: , Boram Jang, scuffles, Hong Joon, pyo Organizations: South Korea CNN, Constitutional, Amnesty, National Health Insurance Service, South Korea’s, Seoul Queer Culture, Christian, Daegu Queer Culture Locations: Seoul, South Korea, Asia, South, Daegu
Fed Rate Moves Squeeze a Key U.S. Ally
  + stars: | 2023-10-23 | by ( Frances Yoon | ) www.wsj.com   time to read: 1 min
Currency traders at KEB Hana Bank’s headquarters in Seoul. Photo: Ahn Young-joon/Associated PressSouth Korea’s alliance with the U.S. has strengthened during the Biden presidency. But the country’s economy has fallen victim to the rapid rise in U.S. interest rates, showing how Federal Reserve decisions—and the uncertainty around them—can send ripples around the world. The Fed has embarked on a historic spree of interest-rate rises since early 2022, an attempt to rein in inflation that peaked at 9.1% in the middle of last year. Central banks across the globe have followed these moves, partly out of a desire to protect their currencies, which can suffer as rising Treasury yields encourage international investors to dump overseas assets and buy U.S. bonds.
Persons: Hana Bank’s, Ahn Young Organizations: Associated Press, U.S, Biden, Fed Locations: Seoul
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBusan Mayor: We want Busan to become a global city like Singapore by hosting World Expo 2030Park Heong-Joon, Mayor of Busan, explains the rationale behind the city's bid to host the World Expo 2030.
Organizations: Email Busan Locations: Busan, Singapore
Park, 41, has been a chaplain at Tampa General Hospital for eight years, and has counseled thousands of patients and their families. Park says he’s spent a lot of time as an adult reconciling with his upbringing and trying to heal. And regret is a common theme among his dying patients. ”What else do dying patients worry about? We are so connected that often we worry about how other people will be affected by our own death.”It’s a reminder that patients’ loved ones face a tough journey after a loss.
Persons: CNN — Joon, they’re, He’s, , , he’s, Ivy Ceballo, I’m, ” Howard Tuch, who’ve, Samuel Williams, Daniel Wallace, I’ve, ” Tuch, Park, , “ Will, Organizations: CNN, Tampa General Hospital, , Tampa Bay Times, Zuma, Tampa General, Chaplains Locations: Tampa, Park, Largo , Florida, South Florida, Wake Forest , North Carolina
Pacific Islands Forum (PIF) chair and Prime Minister of Cook Islands, Mark Stephen Brown, speaks during the Korea-Pacific Islands Summit at the former presidential Blue House in Seoul, South Korea, Monday, May 29, 2023. Ahn Young-joon/Pool via REUTERS/File Photo Acquire Licensing RightsSYDNEY, Aug 23 (Reuters) - Cook Islands Prime Minister Mark Brown, chairman of the Pacific Islands bloc, said that science supported Japan's decision to pump treated water from the Fukushima nuclear plant into the sea, but that the region may not agree on the "complex" issue. Not all Pacific leaders had the same position and the Pacific Islands Forum may not reach a collective position, he said. The United States conducted nuclear tests in the Pacific Islands in the 1940s and 1950s, and France between 1966 and 1996. A Pacific Nuclear Free Zone was established in 1985 under a treaty that prevents the dumping of radioactive materials.
Persons: Mark Stephen Brown, Ahn Young, Mark Brown, Brown, Sitiveni Rabuka, Kirsty Needham, Gerry Doyle Organizations: Islands, Pacific Islands, presidential Blue House, Rights, Cook Islands, International Atomic Energy Agency, IAEA, Pacific, United, Fijian, Melanesian Spearhead Group, Thomson Locations: Cook Islands, Korea, Seoul, South Korea, Japan, China, Cook, United States, France, Pacific, Papua New Guinea, Fiji, Vanuatu, Solomon Islands
Stanford and Google researchers created a virtual village where 25 AI bots live and form relationships. Memory and reflection enable these bots to believably plan parties, discuss elections, and select birthday gifts, per the researchers. A group of Stanford and Google researchers has created a virtual village where 25 AI agents lead lives that are eerily reminiscent of our own. These bots "wake up," chat about the latest town gossip, and even plan events like Valentine's Day parties. These tools help AI bots to produce conversations that mirror human interactions.
Persons: , Sam, John Lin, John, Mei, Eddy, Joseph C, O'Brien, Carrie J, Cai, Meredith Ringel Morris, Percy Liang, Michael S, Bernstein, Isabella, Maria, Klaus, Isabella Rodriguez's Valentine's, McDonald's Organizations: Stanford, Google, Morning, Hobbs Locations: Geneva
Coach is the new 'cool girl' brand for Gen Z
  + stars: | 2023-08-10 | by ( Grace Mayer | ) www.businessinsider.com   time to read: +3 min
After years of sluggish sales, Coach is seeing regained interest from Gen Z consumers. Gen Z increased its spending on Coach by 10% so far this year, according to a new report. According to a consumer spending report from Earnest Analytics, consumers under the age of 25 increased their spending on the Coach brand by 10% from January through June of this year. Once self-touted as "accessible luxury," Coach has since updated that message and its offerings to reinvent itself. In doing so, it hoped to tap into Gen Z and Millennial shoppers' values and re-elevate its luxury status.
Persons: Gen, Lil Nas, Earnest, Camila Mendes, Joon Silverstein, Coach's, Silverstein, Z, Todd Kahn, Nas X, Kate Spade, Stuart Weitzman, Michael Kors, Jimmy Choo, Versace Organizations: Service, Vogue Business, Business, Fashion, Capri Holdings, Capri Locations: Wall, Silicon, Riverdale, American, York
Seoul CNN —At least 16 people have died from heat-related illnesses in South Korea as the country swelters under a prolonged heat wave with temperatures above 38 degrees Celsius (100 Fahrenheit) in some parts of the country. A total of 1,284 people reported suffering heat-related illnesses as of Tuesday, according to KDCA. South Korea has raised the heat wave warning to the highest “serious” level for the first time since 2019, the interior and safety ministry said Wednesday. Ahn Young-joon/APHeat wave warnings have expanded to most of the country since late July as temperatures rose over 33 degrees Celsius (around 91 Fahrenheit). To cope with the continuing heat wave, local authorities are regularly checking on vulnerable populations and setting up cooling facilities such as shade tents and sun umbrella rentals.
Persons: Ahn Young, Organizations: Seoul CNN —, Korea Disease Control, Prevention Agency, , Korean Confederation of Trade Unions Locations: Seoul, South Korea, Korea, KDCA, Gyeonggi, Yeoju, Anseong, Asia, China, Japan
A Manhattan federal judge said in an opinion that cryptocurrencies are considered securities regardless of how they are sold. U.S. District Judge Jed Rakoff's decision Monday complicates SEC's litigation with both Ripple and crypto exchange Coinbase. The Ripple ruling was considered a win by the industry because it said a cryptocurrency may or may not be a security depending on who's buying it. The SEC has argued in cases against Binance, Coinbase and Kraken that many cryptocurrencies listed on popular exchanges are securities. The SEC has pursued numerous other crypto firms over the alleged unregistered offer and sale of securities, including Coinbase , Gemini and Genesis.
Persons: Hon Chang, joon, Kwon, cryptocurrencies, Jed Rakoff's, Coinbase, Rakoff, — CNBC's Lora Kolodny Organizations: UST, Securities and Exchange Commission, Terraform Labs, U.S, SEC, Binance Locations: Podgorica, Montenegro, Manhattan
Uber Eats has cut 8,000 virtual brands from its app. Uber Eats' virtual-brand policies come a year after Insider reported that DoorDash and Grubhub were cracking down on virtual brands. It also must be 60% different from any other virtual restaurant operating from that same physical location, Uber Eats said. At the start of the year, Park had 10 Asian-themed virtual brands listed on Uber Eats, DoorDash, and Grubhub. He said Uber Eats booted eight of his virtual restaurants from the app during the March purge.
Persons: DoorDash, Uber, John Mullenholz, DoorDash hasn't, Joon, MrBeast, Burger, Dave Kotinsky MrBeast Burger, Mullenholz, Jimmy Donaldson, Mariah Carey, it's, Meredith Sandland Organizations: Service, Dining Locations: Wall, Silicon, Washington
SEOUL, July 1 (Reuters) - Tens of thousands attended South Korea's largest annual LGBT festival on Saturday, vowing to continue fighting for gay rights after the Seoul city government denied them a prime spot and gave it to an anti-LGBT Christian group. "You can see a lot of hateful banners behind me as well as those that support us on our right," said Yang Sun-woo, chief organiser of the Seoul Queer Culture Festival. "South Korea is enjoying a rise in global status but LGBT rights here are at rock bottom," she said. The Christian group CTS, which has vocally opposed homosexuality, said it was not trying to thwart LGBT people. "Some ask why we need this queer festival, but it is the only time a year where we can all enjoy ourselves out in the open."
Persons: Yang Sun, , Cho Jong Yun, Kim Kyu Jin, Kim Saeyeon, Kyu Jin Kim, Nicole Kim, Hong Joon, Daewoung Kim, Hyunsu Yim, William Mallard Organizations: South, Christian, Seoul Queer Culture, CTS, LGBT, Gallup, Minwoo, Thomson Locations: SEOUL, Seoul, COVID, Korea, South Korea, Daegu
SEOUL, June 22 (Reuters) - Renault Korea Motors plans to build infrastructure at its plant in the southeastern city of Busan to manufacture electric vehicles (EVs), the Busan city government said. The automaker aims to produce 200,000 EVs a year at its Busan facilities, a statement issued by the city cited Renault Group Executive Vice President Guido Haak as saying. It was not immediately clear how much Renault planned to invest to build the EV production facilities. Renault Korea did not have an immediate comment. The announcement comes after Hyundai Motor said in May it will invest around 2 trillion won ($1.54 billion) in Ulsan, South Korea, to build a designated EV factory.
Persons: Guido Haak, Haak, 1,294.7800, Heekyong Yang, Soo, hyang Choi, Ed Davies Organizations: Renault Korea Motors, Renault Group, Busan Mayor Park, Renault, Hyundai Motor, Thomson Locations: SEOUL, Busan, France, Renault Korea, Ulsan, South Korea
London CNN —Kwon Do-hyeong, also known as Do Kwon, the disgraced former crypto boss who is wanted in the United States and South Korea on fraud and other charges, has been sentenced to four months in prison in Montenegro. A court in the southern European country sentenced Do Kwon and another South Korean national, Han Chang-Joon, Monday to four months behind bars after they were found guilty of falsifying documents, a spokesperson for the Basic Court in Podgorica told CNN. According to Reuters, Han was previously the finance officer of Terraform Labs, a blockchain platform founded by Kwon. Authorities found and confiscated two Costa Rican passports, two Belgian passports and two identity cards from the former crypto executives. The court in Podgorica said Monday the sentence would be written and delivered to Kwon and Han within the following 30 days.
Persons: London CNN — Kwon, Kwon, Han Chang, Joon, Han, Luna Organizations: London CNN, Korean, CNN, Reuters, Terraform Labs, Authorities, Costa, Labs, US Securities and Exchange Commission, ” Prosecutors, Twitter Locations: United States, South Korea, Montenegro, Podgorica, Montenegro’s, Dubai, Costa Rican, Seoul, Serbia
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