DIRS.INFO The most relevant business & tech news

☆ Frustrated South Koreans Blame President in Standoff With Doctors
▼ + stars: | 2024-05-01 | by ( Jin Yu Young | ) www.nytimes.com time to read: +1 min

Eun Sung injured her right thumb in a fall in March and needed surgery to fix a torn ligament. But scheduling one has been difficult even though she lives in one of the most developed nations in the world, South Korea. For more than two months, South Korea’s health care system has been in disarray because thousands of doctors walked off the job after the government proposed to drastically increase medical school admissions. But one thing has changed: Public opinion has turned against the government of President Yoon Suk Yeol. A majority of respondents in a recent poll said that the government should negotiate with the doctors to reach an agreement quickly or withdraw its proposal.

Persons: Eun Sung, ”, Sung, Yoon Suk Locations: South Korea, Seoul

☆ Sketches from US animation studios found on North Korean computer server
▼ + stars: | 2024-04-22 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +11 min

The revelation comes from a trove of documents recently discovered by US researchers inside a computer server housed in North Korea. Logs from the North Korean computer server showed multiple visits from internet connections in northeast China, the US cybersecurity firm Mandiant told CNN. North Korean leader Kim Jong Un inspects an artillery firing drill of the Korean People's Army on March 7, 2024. Barnhart, the Mandiant researcher, said any company that hires a North Korean IT worker runs the risk of being targeted by North Korean hackers because of the close relationship between the two. Heinz Insu Fenkl, an expert in North Korean comics, said that animation and comics have been prominent in North Korean society since the country’s founding in 1948.

Persons: “, Nick Roy, Roy, Mandiant, Michael Barnhart, ”, Max ., Hannah Cosgrove, ” Cosgrove, Max, Lion Forge, Martyn Williams, Williams, ” Williams, Kim Jong Un, KCNA, Barnhart, ” Barnhart, CNN wouldn’t, Heinz Insu Fenkl, ” Fenkl, CNN’s Alex Marquardt, Mike Conte Organizations: CNN, North, US, Amazon Prime, Max, Warner Bros ., Korean, Stimson, FBI, Treasury, North Korean, Entertainment, Amazon, ”, Skybound, YouNeek Studios, Forge Entertainment, Lion Forge Entertainment, South Korean, South, US Treasury Department, Treasury Department, Korean People's Army, State, United Nations, North Korean Embassy Locations: North Korea, Korean, Boston, Washington, State, North Korean, China, CNN , California, Maryland, South Korea, Koreans, Pyongyang, Korea, California, New York, London, cybercrime

john magaroYeah I mean, that’s a lot of what they ate. I mean, I think it’s about love and lost love and misconnections and eating. I think that’s — you know, I think that’s great advice for a relationship. john magaroYeah, but it feels — but, you know, that’s what Arthur is doing. anna martinI mean, I — and I don’t know if, you know —john magaroAs I say, aigoo.

Persons: anna martin, ” I’m Anna Martin, ”, anna martin I, anna martin I’m, John Magaro, John, Celine Song, Andrew ”, Sarah Pepitone, I’ll, anna martin You, Cookie, Lewis, Clark, anna martin That, anna martin Really, you’re, we’ve, anna martin Wow, anna martin John, let’s, Andrew, I’d, we’d, Angelika, syrupy, New York Times ”, He’d, hadn’t, Toro, he’d, We’d, sashimi, anna martin It’s, anna martin That’s, Sarah, anna martin Right, I’ve, you’ve, you’ll, it’s, anna martin Me, — anna martin That’s, anna martin Poof, they’re, she’s, — anna martin Right, that’s, anna martin There’s, won’t, I’m, anna martin Just, anna martin No, It’s, Arthur, Nora, Greta Lee, Arthur can’t, Hae, Hae Sung, anna martin Huh, She wasn’t, you’d, anna martin Wait, anna martin Yes, You’re, anna martin Aigoo, he’ll, we’re, anna martin What’s Organizations: The New York Times, NYU, New York Times, Bushwick, magaro, vey, Netflix Locations: Paisanos, Brooklyn, Oregon, West, Philadelphia, New York, Korean, There’s, Nora, Korea, Canada, America, Pittsburgh

☆ Stinging Election Loss Leaves South Korean Leader at a Crossroads
▼ + stars: | 2024-04-11 | by ( Choe Sang-Hun | ) www.nytimes.com time to read: +1 min

The results, released on Thursday, were disastrous for Mr. Yoon. Voters pushed him to the verge of being a lame duck, giving the opposition one of the biggest parliamentary majorities in recent decades. He becomes the first South Korean president in decades to contend with an opposition-controlled Parliament for his entire time in office. The outcome — and the increasingly polarized South Korean political climate that Mr. Yoon helped intensify — heralded deepening deadlock in a country that is crucial to U.S. efforts to counter China and North Korea. It reduces the odds of Mr. Yoon achieving anything that requires bipartisan support.

Persons: Yoon Suk, Yoon Organizations: Voters, South, Washington Locations: South, South Korean, U.S, China, North Korea, Tokyo

☆ South Koreans vote for new parliament after campaign focused on economy, graft
▼ + stars: | 2024-04-10 | by ( ) www.cnbc.com time to read: +2 min

People watch the first sunrise of the new year from a footbridge overlooking the city skyline in Seoul on January 1, 2024. The opposition Democratic Party (DP), which already dominates the 300-member legislature, has accused Yoon and his conservative People Power Party (PPP) of mismanaging the economy and failing to rein in inflation during their time in office. PPP leader Han Dong-hoon said a big win by the DP, whose leader is facing corruption charges, would create a crisis for the country. He warned against giving the opposition an unprecedented super majority of 200 seats, which would strip Yoon of his veto power. "I hope the two-party structure will be broken somehow, and politicians will carry out practical policies for ordinary people."

Persons: Yoon Suk Yeol, Yoon, Han Dong, hoon, Kim Ji, yun, Jung Cheol, Cho Kuk Organizations: South, Election, Democratic Party, People Power Party, DP Locations: Seoul

☆ South Korean Parliamentary Election to Set Tone for Rest of Leader’s Term
▼ + stars: | 2024-04-09 | by ( Choe Sang-Hun | ) www.nytimes.com time to read: 1 min

In the two years since he was elected, President Yoon Suk Yeol has made his mark in foreign policy, forging deeper ties with the United States and Japan. Mr. Yoon has a shot at a do-over on Wednesday, when South Koreans head to the polls to select a new Parliament. Dozens of parties are vying for the 300 seats in the National Assembly, South Korea’s single-chamber legislature. However, the contest is largely between Mr. Yoon’s conservative People Power Party and the main opposition camp, the liberal Democratic Party. Both have intense followings, but the eventual winner is expected to be decided by moderate and swing voters.

Persons: Yoon Suk Yeol, Yoon Organizations: South Koreans, National Assembly, People Power Party, Democratic Party Locations: United States, Japan

☆ As Doctors’ Walkout Drags On, Some South Koreans Are Losing Patience
▼ + stars: | 2024-04-04 | by ( Jin Yu Young | ) www.nytimes.com time to read: +1 min

Six weeks after thousands of residents and interns at South Korean hospitals walked off the job, frustration is rising. Nurses have taken on duties usually performed by physicians, and military doctors have been deployed to public health centers. The young doctors who walked out in February to protest that plan say it wouldn’t solve the health care system’s problems. But many people are also exasperated with the doctors, despite the exalted position that physicians hold in South Korea’s hierarchical society. Critics accuse them of trying to protect their elite status, and their income, by keeping the number of doctors low.

Persons: Yoon Suk Yeol, Critics Organizations: South, Hospitals, Nurses

☆ North Korea tests missile, Seoul says, ahead of vote seen as gauge of support for hardline South Korean leader
▼ + stars: | 2024-04-01 | by ( Brad Lendon | ) edition.cnn.com time to read: +4 min

Seoul, South Korea CNN —North Korea test-fired a presumed intermediate-range ballistic missile on Tuesday, South Korean officials said, its latest military maneuver since leader Kim Jong Un’s New Year declaration that he was ending a policy seeking reconciliation with the South. Pyongyang’s shows of power included long-range artillery and multiple rocket launchers, which pose a threat to the South Korean capital Seoul and other key areas near the border. But Leif-Eric Easley, professor of international studies at Ewha Womans University in Seoul, said Tuesday’s suspected missile test by North Korea won’t have much effect on the vote. North Korean Foreign Minister Choe Son Hui last week quashed recent speculation that Kishida could meet with North Korea’s Kim. North Korea “will not allow any attempt of Japan to contact” Pyongyang, he said, according to KCNA.

Persons: Kim Jong, Yoon Suk Yeol, Kim, Yoon’s, Democratic Party –, Yoon, Leif, Eric Easley, ” Easley, Easley, Tuesday’s, Fumio Kishida, Joe Biden, Ferdinand Marcos Jr, Choe Son Hui, North Korea’s Kim, CNN’s Yoonjung Seo Organizations: South Korea CNN, North, South, Korean Central News Agency, CNN, Yoon’s People Power Party, Democratic Party, Ewha Womans University, Assembly, Korean, Philippine, North Korean Foreign, North Korea “ Locations: Seoul, South Korea, North Korea, Pyongyang, United States, North, Japan, Washington, China

☆ North Korean TV censors British gardening show host’s jeans
▼ + stars: | 2024-03-27 | by ( Jack Guy | ) edition.cnn.com time to read: +3 min

CNN —North Korea’s state broadcaster, KCTV, has blurred out a pair of jeans worn by veteran British TV host Alan Titchmarsh as part of the country’s censorship of foreign fashion and culture. Nam Sung-wook, a professor of North Korean Studies at Korea University in Seoul, told CNN that the censorship shows North Korea is strictly implementing the newly adopted Reactionary Ideology and Culture Rejection Act. “The act aims to prohibit North Korean residents from imitating foreign countries in various aspects, including how they’re dressed and speak,” he said. “They have had campaigns against anti-socialist culture since at least the early 1990s,” said Ward. Foreign materials like books and movies are banned, often with severe punishments for those caught with black market contraband.

Persons: Alan Titchmarsh, KCTV, ”, Titchmarsh, “ I’ve, Nam Sung, Peter Ward, Kim Jong Il, “ Organizations: CNN, BBC, North Korean Studies, Korea University, Sejong Institute, “, Korean Central News Agency, United Nations Locations: Korea’s, British, Seoul, Korea, South Korea, Soviet Union, North Korea

☆ 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

SEOUL, South Korea (AP) — Shohei Ohtani may be South Korea's most-beloved Japanese athlete, a testament to his charm in softening any lingering animosity between the two neighbors. “I think Ohtani would perhaps be the first Japanese athlete who we can say we like. After his arrival in South Korea, he told reporters that he’s always respected South Korea’s national teams and called South Korea “one of my favorite countries." In 2019, a forced-labor issue triggered widespread public campaigns in South Korea to boycott Japanese goods and services. But despite their often-rocky political relations, South Korea and Japan are closely linked to each other culturally and economically.

Persons: covets, ”, Lee Jong, “, Hwang Seon, he’s, Yoon Suk, Heung, ” Lee, ___ Organizations: Major League Baseball, San Diego Padres, Los Angeles Dodgers, Korean, Dodgers, Seoul’s Hanyang University, Ohtani’s South, South, Twitter, Tottenham Hotspur Locations: SEOUL, South Korea, Korean, Japan, Korea, South Koreans

☆ Travel news: These are the global airports passengers love the most
▼ + stars: | 2024-03-16 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +7 min

CNN —In travel news this week: passenger–pleasing airports, cool streets around the world, France’s frog-leg crisis and Ireland’s best food and drink. World’s best airportsThe busy beavers at Airports Council International have gathered nearly 600,000 surveys from travelers at more than 400 airports around the world and have revealed the passengers’ favorites. What’s Japan’s most international city? DenisTangneyJr/iStockphoto/Getty Images Topeka, Kansas: Choose Topeka doesn’t just focus on remote workers. Ron Buskirk/Alamy Stock Photo Rochester, New York: The Greater ROC Remote program offers $10,000 in grants and incentives (plus another $9,000 for home-buying grants).

Persons: South Carolina • Gerald R, Mohammed, Patrick’s, you’ll, –, Saint Patrick, ”, they’ve, John Hope Franklin, Tyler Layne, Ali Majdfar, Roberto Galan, Ron Buskirk, Denis Tangney Jr, Walter Bibikow, Ann Arbor, Paul Brady, Titanic, “ It’s Organizations: CNN, Council International, Spartanburg International, Ford International, Mohammed V International, Turkey • Guayaquil International, Salalah, Oman • Sultan Hasanuddin International, Green, of, US Centers for Disease Control, John Hope Franklin Reconciliation, Getty Images, Topeka doesn’t, Getty, Shoals, ROC Remote, Images, Miami Beach Locations: Greenville, South Carolina, Michigan, Rome, Italy, Morocco • Izmir Adnan Menderes, Turkey, Ecuador, Oman • Sultan, Indonesia • Yogyakarta, Indonesia, Asia, Tokyo, Spain, Valencia, of Europe, Happy, Ireland, South Korea, Tulsa , Oklahoma, Tulsa, Tulsa West Virginia, New, West Virginia, Getty Images Indiana, Evansville, Getty Images Topeka , Kansas, Topeka, Kentucky, Mayfield, Graves, Alabama, Tuscumbia, Rochester , New York, Images Alaska, Alaska, Sitka, Getty Images Michigan, Ann

☆ South Koreans mourn as country’s first celebrity panda, Fu Bao, heads to China
▼ + stars: | 2024-03-12 | by ( Yoonjung Seo | ) edition.cnn.com time to read: +5 min

Fu Bao fandomBorn to parents Ai Bao and Le Bao in July 2020 as part of China’s “panda diplomacy” program, Fu Bao is South Korea’s first naturally-bred panda. Some South Koreans said Fu Bao provided them with moments of joy during the pandemic. In one video, Fu Bao clings tightly to Kang’s leg, unwilling to let go, as he spins gently around the room. The other short video shows Fu Bao clinging to Kang’s arm while relaxing on a wooden bench. Once Fu Bao departs for China, there will be four giant pandas left at Everland – Fu Bao’s mother Ai Bao, father Le Bao, and their twin babies Rui Bao and Hui Bao, who were born last July.

Persons: Fu Bao, Fu, Fu Bao’s, Ai Bao, Le Bao, ”, you’re, zookeeper, grandpa, Kang Chul, ” Kang, 판다월드, Everland, Rui Bao, Hui Bao Organizations: CNN, South Korea’s, South, YouTube, China Conservation and Research Center, Samsung, China Wildlife Conservation Association Locations: South, Yongin city, South Korea, China, Everland, Sichuan Province

☆ How Fake Eyelashes Help Fund Kim Jong Un's Regime
▼ + stars: | 2024-03-12 | by ( Lilian Manansala | ) www.businessinsider.com time to read: 1 min

North Koreans making false eyelashes generate millions for their country. The cheap, high-quality product is lucrative for the secretive country. Here's how it's sidestepping international sanctions.

☆ The North Korean refugees sold to Chinese husbands
▼ + stars: | 2024-03-08 | by ( Jessie Yeung | Yoonjung Seo | ) edition.cnn.com time to read: +14 min

China considers North Korean refugees to be economic migrants, and forcibly deports them back to North Korea – where, as alleged defectors, they face imprisonment, possible torture or worse, activists say. During that period, she also met other North Korean refugees in the same situation – with their status public knowledge in the village, she said. According to the KFI report, the buying of a North Korean wife is “always known to the local community” but rarely reported to authorities. The other North Korean refugees she’d met in town had connections to brokers who could help them escape, while church organizations and non-profit groups discreetly helped raise funds for the journey. Brokers who remain have raised their prices due to increased risks and surveillance, while newcomers to the business are inexperienced, making it a risky gamble for North Korean refugees.

Persons: South Korea CNN — Chae, –, she’s, Yoonjung Seo, She’d, didn’t, “, ”, Chae, ” didn’t, Kim Jeong Ah, Kim, she’d, we’ll, ” Chae, Seo, Unification Ministry –, She’s, – she’s Organizations: South Korea CNN, North, CNN, North Korea –, Korea Future Initiative, KFI, US State Department, Human Rights Watch, Female North, United Nations, Liberty, Korean, Koreans, Unification Ministry, Brokers Locations: Seoul, South Korea, North Korea, China, Laos, Thailand, North Korean, Hebei, Beijing, London, Korea, Korean, North, ”, South, South Koreans

SEOUL, South Korea (AP) — South Korea's president vowed Wednesday not to tolerate the prolonged walkouts by thousands of junior doctors, calling them “an illegal collective action” that threatens public health and shakes the country’s governing systems. Their walkouts have subsequently caused hundreds of canceled surgeries and other treatments at their hospitals and burdened South Korea's medical service. But if senior doctors joined the walkouts, South Korea's medical service would suffer a major blow. The Korean Medical Association, which represents doctors in South Korea, has expressed its support for the striking junior doctors, but hasn't decided whether to take part in the walkouts. Police were investigating allegations that five senior KMA officials incited and abetted the junior doctors' walkouts, and said they summoned one of them Wednesday.

Persons: Yoon Suk, ” Yoon, ”, haven’t, Heath, hasn't Organizations: Health Ministry, Health, South, Korean Medical Association, . Police Locations: SEOUL, South Korea

☆ The US mocked Russia for its motley cast of allies in Ukraine. It's not laughing any more.
▼ + stars: | 2024-03-01 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +8 min

They didn't have the defensive positions prepared," RAND defense researcher Bruce W. Bennett told Business Insider. To work with North Korea, Putin has contravened UN Security Council resolutions he himself signed onto. "If Russia failed to achieve success in Ukraine, meaning it got pushed out of Ukraine, is Putin going to survive physically?" Operating like this "really emboldens North Korea, Iran, and any other autocratic state," said Sanner. AdvertisementIn supplying weapons, Kim Jong Un's regime is unlikely to be driven by a dislike of Ukraine, Bennett said.

Persons: —, Vladimir Putin, Bruce W, Bennett, Putin, State Anthony Blinken, Mark Milley, Grant Shapps, Beth Sanner, that's, Joseph Byrne, Kim Jong Un, John Herbst, Byrne, ALEXANDER KAZAKOV, Kim, Sergei Lavrov, Kim Jong, would've, Russia's, it's, we're Organizations: Service, RAND, Business, State, Joint Chiefs of Staff, UK Defence, Trump, Biden, Atlantic, Royal United Services Institute, REUTERS, Atlantic Council, Putin, Ukraine —, US, UN, New York Times, North Locations: Ukraine, Iran, North Korea, Pyongyang, Russia, Komsomolsk, Khabarovsk Region, South Korea, Korea, Moscow, KCNA

☆ 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

☆ ASML and more: BofA just got more bullish on these 3 chip stocks, says AI spending is heating up
▼ + stars: | 2024-02-15 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

European semiconductor equipment stocks are likely to outperform as spending on artificial intelligence chips rises over the next decade, according to Bank of America. The continent's chip stocks produce the high-tech machines needed to manufacture the latest generation of chips. ASML ASML , the dominant supplier of lithography equipment used to manufacture advanced logic and memory chips, remains Bank of America's "top pick in EU Semicaps." The bank forecasts strong demand from leading chipmakers using ASML 's extreme ultraviolet lithography machines required to produce next-generation AI accelerators and high bandwidth memory modules. The investment bank said ASM 's exposure to new transistor architectures called "gate-all-around" appears to be critical for improving AI chip performance.

Persons: Didier Scemama Organizations: Bank of America, AMD, Nvidia, EU, America's, Analysts, ASM International Bank of America, ASM International, ASM, BE Semiconductor Industries, HB, Intel, Micron Locations: Europe

☆ Signs of Rare Unrest Among North Korean Workers in China, Researchers Say
▼ + stars: | 2024-02-08 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +5 min

By Ju-min ParkSEOUL (Reuters) - South Korea's intelligence agency says poor conditions for North Koreans working overseas have led to "incidents and accidents", while researchers report rare protests and unrest in China among workers from a North Korean military-linked trading company. Fed up with unpaid wages and lingering pandemic lockdowns, as many as 3,000 North Korean workers in China staged protests last month, according to two South Korean government-affiliated researchers, including a former North Korean diplomat. The North Korean embassy in Beijing and its consular office in the Chinese border city of Dandong did not respond to calls from Reuters seeking comment. South Korea's unification ministry said in a report last year that China and Russia were hosting North Korean workers despite the sanctions. That's not easy now, given the North Korean regime wants to keep them in China to raise money for the government."

Persons: Cho Han, Cho, Ko Young, Ko, Jimin Jung, Josh Smith, Eduardo Baptista, Antoni Slodkowski, Laurie Chen, Gerry Doyle Organizations: North, . State, Korea Institute for National, South, Korea's National Intelligence Service, Security, Koreans, U.S . State Department, NIS Locations: SEOUL, China, North Korean, Beijing, Dandong, North Koreans, North Korea, Pyongyang, Korean, Helong, Jilin province, Jilin, Russia, Seoul

In diaspora communities, particularly in cultural enclaves, Lunar New Year is visibly and joyfully celebrated. The Lunar New Year — known as the Spring Festival in China, Tet in Vietnam and Seollal in Korea — is a major festival celebrated in several Asian countries. It begins with the first new moon of the lunar calendar and ends 15 days later on the first full moon. Some Indigenous people also celebrate Lunar New Year this time of year, including members of Mexico's Purepecha Indigenous group. Lunar New Year is also celebrated as a cultural event by some Asian American Christians and is observed by several Catholic dioceses across the U.S. as well as other churches.

Persons: Mexico's, “ changshou mian Organizations: Lilly Endowment Inc, AP Locations: U.S, Asia, China, Tet, Vietnam, Seollal, Korea

☆ New parents in South Korea are getting $750 every month as Seoul launches its 'birth encouragement' gambit to slow population decline
▼ + stars: | 2024-02-06 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

Seoul officials on Tuesday announced a new "birth encouragement" program to raise fertility rates. New parents in South Korea are eligible for $750 per month until their baby turns 1 year old. After their child turns 1, parents will also be eligible for an allowance of $375 a month for one year. Nearly a fifth of South Korea's entire 51 million population lives in Seoul, where the fertility rate was 0.59 in 2022, per the latest government statistics. AdvertisementThe entire country's birth rate, by comparison, was 0.78 that year.

Persons: —, Yonhap, childrearing Organizations: Service, South Korean, Yonhap, South, Business Locations: Seoul, South Korea, China, Japan, South

SEOUL, South Korea (AP) — A South Korean court on Monday acquitted Samsung Electronics Chairman Lee Jae-yong of financial crimes involving a contentious merger between Samsung affiliates in 2015 that tightened his grip over South Korea’s biggest company. The court said the prosecution failed to sufficiently prove the merger between Samsung C&T and Cheil Industries was unlawfully conducted with an aim to strengthen Lee’s control over Samsung Electronics. Lee had denied wrongdoing in the current case, describing the 2015 merger as “normal business activity.”Lee, 56, did not answer questions from reporters as left the court. Lee Jae-yong served 18 months in prison after being convicted in 2017 over separate bribery charges related to the 2015 deal. Some shareholders had opposed the 2015 merger, saying that it unfairly benefited the Lee family while hurting minority shareholders.

Persons: Lee Jae, Lee, ” Lee, Jin Kim, Lee Kun, Park, Yoon Suk, tycoons, Kim Tong, hyung Organizations: Samsung, Korea’s, Seoul Central, Cheil Industries, Samsung Electronics, Prosecutors, South, National Pension Service Locations: SEOUL, South Korea, Seoul, Ukraine

☆ I'm an American who's lived in South Korea for 3 years, and my new beauty routine makes my skin look better than ever
▼ + stars: | 2024-01-30 | by ( Eliza Mikunda | ) www.businessinsider.com time to read: +4 min

K-beauty is a term used to describe a skincare routine using products made in South Korea and emphasizes hydrated, glowy skin. Here are six ways my beauty routine has changed since I moved to South Korea. But in South Korea, I've noticed that people tend to do more to protect themselves from the sun. Once I lived in South Korea, I realized I shouldn't be afraid of oil cleansers. For example, I once wore black liquid liner and mascara in South Korea, and people asked why I was wearing fake lashes.

Persons: —, I'd, I've, Eliza Mikunda, I'm, Ives Organizations: Service, Business Locations: American, South Korea, Korea, Koreans, mascara, St

Search resuls for: "Koreans"

25 mentions found