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☆ A South Korean woman says she fell in love with a fake Elon Musk who talked up a storm about building Gigafactories and luxe helicopter rides. Then she gave him $50,000.
▼ + stars: | 2024-04-24 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +1 min

A South Korean woman lost $50,000 after falling in love with a fake Elon Musk. The Musk impersonator befriended her on Instagram, where he told her he "contacts fans randomly." Fake Musk then claimed he could make the woman rich by helping her invest her money. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA South Korean woman says she lost $50,000 to a con artist who was posing as Elon Musk.

Persons: Elon, —, Elon Musk, Musk Organizations: Service, South, KBS, Korea, Business Locations: Korean, South Korean

☆ A South Korean mailman got a prison sentence for throwing out 16,000 pieces of mail. He said he was 'overworked.'
▼ + stars: | 2024-03-25 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +2 min

A South Korean mailman was sentenced to six months in prison for discarding 16,000 pieces of mail. AdvertisementA mailman in South Korea was handed a six-month prison sentence for dumping 16,003 pieces of mail. AdvertisementLee's sentence is suspended for two years, The Korea Herald reported, meaning he may avoid serving time behind bars. Lee, who delivered mail in Gangseo-gu, a district of Seoul, dumped the mail between January 2021 and September 2022, the outlet said. It found that the South Korean workforce's overall levels of emotional exhaustion increased, owing to perceived threats of job insecurity, feelings of isolation, and the pressures of their jobs.

Persons: mailman, —, Lee Organizations: Service, The Korea Herald, Seoul Southern, Court, Postal Services, South Korean, Korea Herald, Korean Locations: South Korea, Seoul

☆ South Koreans are dealing with burnout and loneliness by getting pet rocks
▼ + stars: | 2024-03-19 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +4 min

South Korean millennials are turning to pet rocks to combat loneliness and burnout at work. Originally a 1970s joke gift, pet rocks can give a low-maintenance sense of companionship. AdvertisementAdults in South Korea are using pet rocks to help with loneliness and burnout at work. The Journal's Jiyoung Sohn spoke to millennials turning to pet rocks to help them through difficult periods in their careers. Related storiesThe coronavirus pandemic prompted a pet-rock boom in South Korea, according to a July 2023 report by Korea JoongAng Daily.

Persons: —, Gary Dahl, Bettmann, Jiyoung Sohn, Koo Ah, Sohn, Koo, Yoon Jeonghan, Gen Z Organizations: Service, Street, Business, South Korea's Ministry of Interior, Safety, The Korea Herald, South Korea's Ministry, CNN, Bloomberg, Companies Locations: South Korea, Asia, Seoul, Korea

☆ South Korean companies are offering workers $75,000 to have babies amid the country's desperate bid for more children
▼ + stars: | 2024-02-26 | by ( Matthew Loh | ) www.businessinsider.com time to read: +2 min

Some South Korean companies are giving out $75,000 bonuses to employees who have kids. The fertility rate in South Korea was 0.78 in 2022, far lower than the 2.1 it needs to maintain its population. AdvertisementA South Korean firm is offering employees up to $75,000 to have children and help lift the country's ailing birth rate. The company will take responsibility and put all-out efforts to help the country increase the fertility rate," a company spokesperson, per the outlet. South Korean President Yoon Suk Yeol on February 13 ordered his administration to develop tax incentives and subsidies for companies that encourage their employees to have children.

Persons: —, dwindles, Yoon Suk Organizations: Booyoung, Ssangbangwool, Service, Korea Herald, Booyoung Group, CNN Locations: South Korea, Seoul, China, Japan, South

☆ Russians are fleeing to South Korea to escape the war with Ukraine
▼ + stars: | 2024-02-25 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: 1 min

South Korea experienced a five-fold surge in Russian asylum seekers in 2023. The majority of Russian applicants cite conscription avoidance of the war with Ukraine. South Korea is experiencing a dramatic surge in asylum seekers from Russia, per a recent government report cited in the Korea Herald. In 2023, over 5,000 Russian nationals submitted refugee applications, a five-fold increase from the previous year's total of 1,038. This surge nearly matches the total number of Russian asylum seekers recorded over 26 years, from 1994 to 2019.

Organizations: Incheon International Airport, Korea Herald, Business Locations: Korea, Ukraine, South Korea, Russia

☆ South Korea digital nomad visa: what to know
▼ + stars: | 2024-02-22 | by ( Lilit Marcus | ) edition.cnn.com time to read: +6 min

According to a report in the Korea Herald, South Korea’s Justice Ministry says the digital nomad visa will make remote work and vacations smoother for visitors. The site ranks South Korea highly for nightlife and youth culture, but gives lower marks for LGBT acceptance and English-language accessibility. Meanwhile, South Korea places 49 out of 113 countries on the English Proficiency Index, which puts it in the “moderate” category. Still, Humphries is undeterred in his quest for the South Korea “workation” visa and plans to base himself in Seoul if approved. “The South Korean digital nomad visa is a great step forward for allowing foreigners to reside in the country,” he says.

Persons: Ashley Humphries, he’s, Humphries, Jungho Suh, ”, Suh, ” Jeong Hyun Cho, Jeong, Ed Jones, Gawon Bae, Veronica Lin Organizations: CNN, South Korean, Korea Herald, Korea’s, Ministry, Korean Management Institute, George Washington University, Korea –, Statistics Korea, Human Rights Commission, South Korean Society, Digital Nomads Korea WhatsApp, Getty, Foreigners, South Locations: South Korea, Asia, Dubai, Cayman Islands, Korea, Hong Kong, Thailand, Indonesian, Bali, South, Seoul, AFP, Korean, expats, Turkey, Norway, Kuwait, North America, Singapore, Japan

☆ Google's efforts to shrink its workforce in Korea has hit a snag as some employees are refusing to go
▼ + stars: | 2024-01-23 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

About 10 Google employees from its office in Seoul have accepted the company's suggestion to resign, the report said. Around 100 Google workers in Korea formed a union last year due to mounting concerns over the industry-wide layoffs in the US. "With the ongoing job cuts within the US tech industry, employees have been concerned about their job security and decided to establish a union," Kim Jong-sub, head of the Google Korea union, told Korea Herald last April. Google laid off 12,000 employees in 2023 — about 6% of its headcount — and it's continuing to make job cuts this year. A total of 262,595 employees were laid off from 1,186 tech companies in 2023, Layoffs.fyi, which tracks job cuts, showed.

Persons: KangNam, Bongsoo Jung, Kim Jong, Sundar Pichai, Hugh Langley, Google didn't Organizations: Service, Google, Korea JoongAng Daily, Business, Google Korea, Korea Herald, Korea Locations: South Korea, Korea, Seoul

☆ A man was jailed for using AI to create hundreds of sexual images of children
▼ + stars: | 2023-09-30 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +3 min

A man in South Korea was jailed for creating sexually explicit images of children. A Spanish town has been rocked after an AI app was used to create fake naked photos of girls. AdvertisementAdvertisementA South Korean man was jailed for using AI prompts to create sexually explicit images of children, The Korea Herald reported, citing local outlets. The man is alleged to have used an image-generating AI program to create about 360 sexual images, the prosecutor's office told CNN. The deepfake images were reportedly made using made using Clothoff, an AI-powered app that allows users to "undress girl for free."

Persons: — Organizations: Korea Herald, Service, CNN, FBI Locations: South Korea, Spain, Almendralejo, Extremadura

☆ North Korea celebrated its founding with a military parade featuring dump trucks modified to work as rocket launchers
▼ + stars: | 2023-09-09 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +3 min

North Korea celebrated its founding with a military parade featuring tractors and dump trucks. This photo provided Saturday, Sept. 9, 2023, by the North Korean government shows the paramilitary parade, marking North Korea’s 75th founding anniversary at Kim Il Sung Square in Pyongyang, North Korea. At the very least, experts said, it demonstrates Kim's commitment to expanding the reach of North Korea's nuclear program. Photos released by North Korean state media show rows of tractors towing what appear to be rocket launchers. This photo provided Saturday, Sept. 9, 2023, by the North Korean government shows the paramilitary parade, marking North Korea’s 75th founding anniversary at Kim Il Sung Square in Pyongyang, North Korea.

Persons: Kim Il Sung, Kim Jong Un, Kim Il Organizations: Service, Associated Press, North Korean, Korean Central News Agency, Korea News Service, North, Reuters, AP North, Guards, Korea Herald, South Locations: Korea, China, Russia, Wall, Silicon, Pyongyang, North Korea, North Korean, AP North Korea, South Korean

☆ A US tourist crossed the border into North Korea, UN says. South Korean media reports he's a US soldier.
▼ + stars: | 2023-07-18 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +2 min

A US national crossed the border from South Korea into North Korea on Tuesday, the UN said. South Korean media is reporting that he was a US soldier. South Korean media has described it as a defection, though it is currently unclear if this is the case. Cases of Americans or South Koreans defecting to North Korea are extremely rare, while North Koreans crossing into South Korea are more common. More than 30,000 North Koreans have fled south since the 1950-1953 Korean War, according to the Associated Press.

Persons: Travis King Organizations: UN, Service, United Nations, The United Nations Command, Security Area, — United Nations Command, The Korea Herald, Ilbo, US Army, South, US Department of State, Associated Press Locations: South Korea, North Korea, US, North, Wall, Silicon, Seoul, South Korea's

☆ Five Guys debuts in South Korea to long waits and one person reportedly attempting to sell a burger meal for $76
▼ + stars: | 2023-06-30 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +3 min

The popular burger chain Five Guys opened its first location in South Korea earlier this week. Hundreds of customers were lined up before the store opened, per local media reports. One customer went viral for trying to resell two burgers and a large order of fries for $76 online. The burger market in South Korea has grown in recent years, and Five Guys joins Shake Shack as the newest popular American chain to expand to the country. Five Guys has previously opened stores in China, Singapore, and several other countries across Europe and Asia, per its website.

Persons: —, Karl Kim, Kim, South Korea Philip Goldberg, Il Ryu Organizations: Service, Washington, South Korean, Korea Herald, China Morning, Dangguen Market, Washington Post, South, Twitter Locations: South Korea, Korea, Seoul Monday, China, Singapore, Europe, Asia

☆ South Korea's President Yoon praised himself for singing 'very well' after launching into a rendition of 'American Pie' at the White House
▼ + stars: | 2023-05-04 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +2 min

South Korean President Yoon Suk Yeol launched into a rendition of "American Pie" at the White House. President Biden asked Yoon to sing at the state dinner, saying it was one of Yoon's favorite songs. Yoon later told members of his party that he thought he sang the song "very well." Just before the president got up on stage, three Broadway singers, including Lea Salonga and Jessica Vosk, performed "American Pie" as well. "At the next state dinner we're going to have, you're looking at the entertainment," Biden said, pointing to Yoon while the audience laughed.

☆ Planning a solo trip to Seoul? Here are some places that cater to singles in Seoul
▼ + stars: | 2023-04-30 | by ( Monica Pitrelli | ) www.cnbc.com time to read: +6 min

Source: Morgan AwyongOrders are placed and paid for with tablets. In her videos, she recommends solo travelers try restaurants such as Labap for fine dining, or Gimbap Cheongu and Pomato for their wide variety of Korean food. Earlier this year, South Korea announced a new visa for digital nomads is in the pipeline. Some residential buildings allow short-term lodging, which solo travelers can book. Source: Morgan Awyong

☆ South Korea tried to push an almost 70-hour work week, but was forced to rethink after millennials and Gen Z protested
▼ + stars: | 2023-03-20 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

South Korea is rethinking a 69-hour work week proposal after millennials and Gen Z protested. At present, companies must limit overtime work to 12 hours per week, according to measures introduced in 2018 by Yoon's predecessor. South Korea is infamous for its long working hours, with the average citizen working for 1,915 hours in 2021, according to the Organization for Economic Cooperation and Development. Many Korean workers have lost their lives to "Gwarosa" — a Korean word for death by overwork, as the country's working hours exceed the average across the world. "Workers should be allowed to work 120 hours a week and then take a good rest," he said, per the Korea Times.

☆ US and South Korea will wargame a nuclear crisis just days after North Korea issued its latest threat
▼ + stars: | 2023-02-17 | by ( Chris Panella | ) www.businessinsider.com time to read: +1 min

The US and South Korea will simulate a nuclear crisis for a tabletop exercise next week. The exercise will come just days after North Korea's government issues its latest threats. North Korea threatened "unprecedentedly" strong action Friday as the US and South Korea plan large field exercises. The Pentagon-based exercise will involve possible scenarios where North Korea has used nuclear weapons, prompting personnel to react, manage, and resolve situations. North Korea warned that the US and South Korea's activities could plunge the Korean Peninsula into a "grave vortex of escalating tension," per AP.

☆ Kim Jong Un abruptly reappears after 36 days out of the spotlight and orders North Korea to 'prepare for war'
▼ + stars: | 2023-02-07 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +2 min

Kim Jong Un had not been seen in public for 36 days, fueling speculation about his health. But North Korea's leader attended a meeting with military officials on Monday, reports said. He was discussing war strategies as tensions rise around the Korean peninsula, the reports said. Kim's Jong Un's longest-ever break from the spotlight was in 2014, when he was not seen for 40 days. Tensions have been rising around the Korean Peninsula after Pyongyang condemned planned joint military drills between its rival, South Korea, and the US in the area.

☆ A fire just razed a slum in the heart of one of Korea's ritziest neighborhoods. It highlights the vast wealth gap and tight proximity in which Seoul's richest and poorest live.
▼ + stars: | 2023-01-20 | by ( Cheryl Teh | Amanda Goh | ) www.businessinsider.com time to read: +6 min

On January 20, a fire tore through the shantytown of Guryong village in Seoul. Firefighters and rescue workers clean up the site of a fire at Guryong village in Seoul, South Korea, Friday, Jan. 20, 2023. ED JONES/Getty ImagesGuryong feels like a world away from Seoul, but it's very close to where the most well-heeled people in South Korea live. Around a fifth of single-person households in Seoul live in spaces under 14 square meters, or 150 square feet. But for now it's still Guryong village — a smoldering scar on the sparkling facade South Korea would rather have you looking at instead.

☆ Japan’s Weapons Buildup to Bolster U.S. Efforts to Counter China
▼ + stars: | 2022-12-20 | by ( Alastair Gale | ) www.wsj.com time to read: 1 min

TOKYO—Japan’s plans to spend billions of dollars on missiles and other weapons to deter China and North Korea herald a new phase of military competition in Asia. Tokyo is aiming to narrow a vast military gap with China and reach a stalemate that will help maintain peace, as well as counter North Korea’s growing military power. The Pentagon estimates Beijing has more than 900 short-range ballistic and ground-launched cruise missiles that could hit Japan.

☆ South Korea's move to force BTS to join the military will cause it to lose out on billions in lost tourism, merchandise, and cosmetics
▼ + stars: | 2022-10-19 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +3 min

BTS's recording label announced all 7 members will enlist in South Korea's military for mandatory service. While the group is on hiatus until 2025, South Korean could lose billions from tourism and consumer goods. In 2017, its estimated $1.1 billion of consumer goods exported from South Korea were related to BTS, like clothes and cosmetics, Yonhap News Agency reported. All able-bodied men in South Korea between ages 18 and 28 are required to serve for two years in the military. However, the country revised its Military Service Act to allow BTS to postpone military service until age 30.

☆ These are the top 10 best employers in the world—and Amazon isn't one of them
▼ + stars: | 2022-10-18 | by ( Celia Fernandez | ) www.cnbc.com time to read: +1 min

Forbes and Statista, surveyed 150,000 full-time and part-time workers from 57 countries to determine the world's best employers. For the sixth year in a row, Forbes released its ranking of the world's best employers. 1 best employer in the world: Samsung GroupIndustry: Conglomerate Country: South Korea Employees: 266,673 The Samsung Group was founded in 1938 and is headquartered in Seoul, South Korea. According to Forbes, the tech company was also featured as one of the best employers for new grads. Top 10 best employers in the world

☆ South Korea is turning away Russians trying to escape Putin's military draft by sea
▼ + stars: | 2022-10-17 | by ( Taiyler Simone Mitchell | ) www.businessinsider.com time to read: +4 min

Russians fleeing Putin's military draft have left via car, train, plane, and less frequently, by boat. All but two Russians known to have sailed into South Korea to avoid the draft have been denied entry. A South Korean lawmaker told NBC News the country must create "dedicated procedures" for those fleeing the conflict. Russia and South Korea have an agreement allowing citizens to enter for up to 90 days visa-free, according to the Korea Herald. "South Korea is already a country that accepts very few refugees," he said.

☆ SoftBank CEO Masayoshi Son seeking 'strategic alliance' between chipmaker Arm and Samsung
▼ + stars: | 2022-09-22 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

Masayoshi Son, CEO of SoftBank, has been weighing up various options for chipmaker Arm after Nvidia walked away from buying the company. There were no further details provided by SoftBank on what a strategic alliance would entail, but it could mark a big shift in strategy for Son and his vision for Arm. I'd like to talk with Samsung about a strategic alliance with Arm," Son said in a statement. SoftBank CEO Masayoshi Son said he is seeking a "strategic alliance" between chipmaker Arm, which is owned by the Japanese giant, and South Korean tech conglomerate Samsung . Since then, SoftBank tried to sell arm to chipmaker Nvidia but the deal fell through in February.

☆ Северная Корея: Гимнаст перепрыгнул трехметровый забор
▼ + stars: | 2020-11-26 | by ( Mld Media Srl | ) noi.md time to read: +1 min

Гражданин Северной Кореи в начале ноября совершил побег из страны, перепрыгнув трехметровый забор на границе с Южной Кореей. Об этом сообщает The Korea Herald со ссылкой на сеульского чиновника. Гражданина КНДР дважды заставили перепрыгнуть через забор, чтобы подтвердить его слова о способе пересечения границы; по одной из версий, он мог взобраться на забор с помощью шеста. Южнокорейские пограничники сообщили, что на заборе вдоль границы не было никаких внешних изменений, но, по их словам, колючая проволока в одном месте выглядела прижатой. Как пишет The Korea Herald, беглец был задержан в Южной Корее 4 ноября, через несколько часов после того, как он пересек границу.

Organizations: Korea Herald Locations: Северная Корея, Южная Корея, Сеул, КНДР

☆ Прыжок ценою в жизнь. Гимнаст сбежал из Северной Кореи в Южную, перепрыгнув через трехметровый забор на границе
▼ + stars: | 2020-11-26 | by ( ) ru.diez.md time to read: 1 min

Прыжок ценою в жизнь. Гимнаст сбежал из Северной Кореи в Южную, перепрыгнув через трехметровый забор на границеВ начале ноября мировые СМИ писали о мужчине, который был задержан на границе между Северной и Южной Кореей. Оказалось, что это гимнаст, пишет Bird in Flight со ссылкой на The Korea Herald. Имя беглеца не называют, однако известно, что он среднего роста, атлетического телосложения и старше двадцати лет. Раньше кореец занимался гимнастикой, поэтому перепрыгнул через трехметровый забор на границе, используя шест.

Organizations: Korea Herald, СМИ Locations: Северная Корея, Южную, Северная, Южная Корея, Сеул

☆ Транспорт будущего: в Сеуле испытали летающее такси (ВИДЕО)
▼ + stars: | 2020-11-11 | by ( Publika.Md - Aici Sunt Știrile | ) ru.publika.md time to read: 1 min

В Сеуле провели испытания летающего такси в рамках госпрограммы коммерциализации городского воздушного транспорта. Об этом сообщает korrespondent.net со ссылкой на The Korea Herald. Летающее такси совершило тестовый полет над центральной частью Сеула. Он длился семь минут и аппарат пролетел 1,8 км на высоте 50 метров. В салон погрузили 70-килограммовый мешок риса.

Organizations: Korea Herald Locations: Сеул

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