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☆ This family traveled for a year. Here are the biggest mistakes they made
▼ + stars: | 2024-05-02 | by ( Vivien Soo | Poonam Binayak | ) www.cnbc.com time to read: +8 min

Life-changing experiences, unforgettable memories and beautiful pictures — these are things that come to mind when people think of a year-long family trip. The Sullivan family, shown here at Machu Picchu in Peru, ran into several unforeseen circumstances throughout the year. Source: Margaret Bensfield Sullivan"We had packed every conceivable medication, and it never occurred to me that we would encounter lice," she said. After a year abroad, Sullivan, shown here in Egypt, said her family returned home with a stronger bond. Margaret Bensfield Sullivan

Persons: Margaret Bensfield Sullivan, Sullivan, Teddy Organizations: Sullivans Locations: piranhas, Brazil, Mozambique, New York, Tanzania, South America, Africa, East, Europe, Asia, Oceania, Beijing, Peru, Berlin, Machu Picchu, Germany, Sullivan, Vietnam, Cambodia, France, Japan, Egypt

☆ The pre-owned luxury watch market is thriving
▼ + stars: | 2024-04-24 | by ( Fawnia Soo Hoo | ) edition.cnn.com time to read: +11 min

Granted, the pandemic-induced second hand luxury watch boom peaked back in March 2022, but the market is still going strong, and price levels remain higher than pre-Covid times. “(They’re) a crucial demographic for the growth and evolution of the pre-owned and vintage luxury watch industry,” added Paul Altieri, founder & CEO of multi-brand online luxury marketplace Bob’s Watches. Don't be shy," said Dimepiece's Brynn Wallner of new buyers' potential nerves when it comes to luxury watch stores. How can you tell if a luxury pre-owned watch is the real deal? “Luxury watches of this caliber will go from one generation to the next to the next to the next,” he explained.

☆ Natural disasters caused an estimated $65 billion in losses last year for Asia-Pacific
▼ + stars: | 2024-04-04 | by ( Vivien Soo | ) www.cnbc.com time to read: +1 min

Economic losses in the Asia Pacific region soared to $65 billion due to natural disasters, mainly fueled by floods in China and droughts in India, as reported by insurance company Aon. Of the total losses, only 9%, or $6 billion, were covered by insurance, falling short of the 21st-century average of $15 billion. The report found that floods remained the most costly threat in Asia-Pacific for the fourth consecutive year, representing over 64% of total losses in 2023. China suffered the heaviest losses in Asia-Pacific with $32.2 billion in flood-related losses, or over half of total losses in the region, the report said. The South Asia floods in particular, resulted in nearly 2,900 deaths.

Persons: Aon Locations: Asia, China, India, Pacific, Hong Kong, South Korea, Pakistan

☆ Bally's shareholders wage battle over ownership, 'unfunded development projects'
▼ + stars: | 2024-04-02 | by ( Contessa Brewer | ) www.cnbc.com time to read: +5 min

In this article BALY Follow your favorite stocks CREATE FREE ACCOUNTAn exterior view shows the Tropicana Las Vegas at dusk on March 29, 2024 in Las Vegas, Nevada. David Becker | Getty ImagesAs the famous Tropicana in Las Vegas closes its doors Tuesday, its operator Bally's Corporation is facing its own existential battle. Standard General owns about 23% of Bally's stock, it said last month. An exterior view shows the Tropicana Las Vegas on March 29, 2024, in Las Vegas, Nevada. Bally's market cap stands at little more than half a billion dollars.

Persons: David Becker, Soo Kim, Kim, it's, Dan Fetters, Edward King, Fetters, King, Bally's, It's, George Rose, Chris Grove, Jim Murren, Jess Golden Organizations: Tropicana, Getty, Bally's, Standard, Growth Capital, Las, Trump, Tahoe, Chicago, Major League Baseball's Athletics, Leisure Properties, New, Acies, MGM Resorts International, CNBC Locations: Las Vegas , Nevada, Las Vegas, New York City, Stateline , Nevada, Seminole, Florida, Nevada, Oakland, Vegas

☆ 'Squid Game' actor found guilty of sexual misconduct for inappropriately touching a woman
▼ + stars: | 2024-03-16 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +2 min

Read preview"Squid Game" actor Oh Young-soo was convicted of sexual misconduct by a South Korean court on Friday. A district court judge in Seongnam, near the South Korean capital Seoul, ruled that Oh was guilty of inappropriate behavior with a female actor in 2017, The New York Times reported. Lee Jung-jae as Seong Gi-hun and Oh Young-soo as Oh Il-nam in "Squid Game" season one. Aside from his role in "Squid Game," Oh has appeared in more than 200 plays since the late 1960s, but the court case has impacted his career, The Times reported. The actor has not been named among the actors returning for season two of "Squid Game," which will be released later this year.

Persons: —, Oh Young, soo, Oh, Golden, Lee Jung, jae, Seong, Noh Juhan, Gilbert Flores Organizations: Service, The New York Times, Netflix, Business, Golden Globe, Netflix Prosecutors, The Times, JTBC, Times Locations: Seongnam, Seoul, Korean

☆ ‘Squid Game’ Actor Found Guilty of Sexual Misconduct
▼ + stars: | 2024-03-15 | by ( John Yoon | ) www.nytimes.com time to read: 1 min

A South Korean court on Friday found Oh Young-soo, an actor who won a Golden Globe for his portrayal of a contestant in the Netflix survival drama “Squid Game,” guilty of indecent assault. Mr. Oh, 79, was given an eight-month suspended sentence and ordered to attend 40 hours of classes on sexual violence. The verdict and sentencing were announced on Friday at a district court in Seongnam, a city southeast of Seoul. Mr. Oh had publicly denied the charge. Prosecutors charged Mr. Oh in 2022 after an actress filed a complaint accusing him of inappropriately touching her while the two were on tour for a play in 2017.

Persons: ” Organizations: Globe, Netflix Locations: Seongnam, Seoul

SEOUL, South Korea (AP) — South Korea's government criticized senior doctors at a major hospital for threatening to resign in support of the weekslong walkouts by thousands of medical interns and residents that have disrupted hospital operations. But in some major hospitals like the Seoul National University Hospital, they account for about 30%-40% of the total doctors, assisting senior doctors during surgeries and dealing with inpatients while training. Their walkouts have subsequently caused numerous canceled surgeries and other treatments at their hospitals and burdened South Korea’s medical service. But doctors say newly recruited students would also try to work in the capital region and in high-paying fields like plastic surgery and dermatology. Critics say doctors — one of the best-paid professions in South Korea — are only worrying about the possibility of a lower income in the future.

Persons: JaeSeung, Park, Cho KyooHong Organizations: Seoul National University Hospital, Health Locations: SEOUL, South Korea, South

If the idea of drinking civet cat coffee, which is made from feces from the Asian palm civet, is a turn-off, there may be yet another reason to rethink the drink. This week, People for the Ethical Treatment of Animals (PETA) issued a warning aimed at tourists in Bali after an investigator showed undercover footage of how the civet cat excrement, containing partially digested coffee beans, is obtained. Tourists be warned: stay away from civet coffee." Plus, "there's a misconception that civet coffee ... has a unique taste, and this is often perpetuated by businesses to attract consumers and justify higher prices for their products," Baker said. A young civet cat in a cage in Bali.

Persons: Jason Baker, Baker Organizations: Animals, PETA, Bali ., Getty Locations: Bali, Catur, Bahasa Indonesia, Indonesia

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

☆ South Korea gives protesting doctors end-February deadline to return to work
▼ + stars: | 2024-02-26 | by ( ) www.cnbc.com time to read: +2 min

South Korea's government on Monday told young doctors they had until the end of February to return to work or risk being punished for staging a week-long protest that has disrupted services for patients at several major hospitals. South Korea's government on Monday told young doctors they had until the end of February to return to work or risk being punished for staging a week-long protest that has disrupted services for patients at several major hospitals. "If you return to the hospital you left behind by Feb. 29, you won't be held responsible for what has already happened," he said. "We urge you to remember your voice will be heard loudly and most effectively when you are by the side of patients." The young doctors who are protesting say the government should first address pay and working conditions before trying to increase the number of physicians.

Persons: Lee Sang, soo Organizations: Monday Locations: Korea's, South

☆ South Korea raises health alert to 'severe' over doctors walkout
▼ + stars: | 2024-02-23 | by ( ) www.cnbc.com time to read: +1 min

during a rally to protest against the government's plan to raise the annual enrolment quota at medical schools, near the presidential office in Seoul on Feb. 21, 2024. South Korea raised its health alert to the highest level on Friday after a mass walkout by trainee doctors this week, while the prime minister said public hospitals would extend working hours to respond to growing strains on the medical system. "The operation of public medical institutions will be raised to the maximum level," Prime Minister Han Duck-soo said at the opening of a disaster management meeting. Public hospitals will extend operating hours and will also open on weekends and holidays, he said. So far, more than 8,400 doctors have joined the walkout, the health ministry said, equivalent to about 64% of the entire number of resident and intern doctors in South Korea.

Persons: Han Duck Locations: Seoul, South Korea

☆ Burned-out South Korean trainee doctors walked off their jobs over a plan to boost med school enrolment
▼ + stars: | 2024-02-20 | by ( Huileng Tan | ) www.businessinsider.com time to read: +2 min

Over 1,600 trainee doctors in South Korea walked off their jobs on Tuesday over a government plan to increase med school enrolment quotas, according to media reports. They comprise nearly half of all 13,000 trainee doctors in South Korea. Trainee doctors in South Korea regularly work shifts that stretch over 24 hours, according to a survey from a major medical trade union. AdvertisementDoctors also say an increase in medical school enrolment could compromise the quality of education and services, per Yonhap. AdvertisementIt's not the first time doctors in South Korea have walked off the jobs against a planned expansion of enrolment in the country's medical school quota.

Persons: — Organizations: Service, South Korea —, Organisation for Economic Co, Korean, Gallup, Associated Press, South Locations: South Korea

BERLIN (AP) — The 74th Berlin International Film Festival opens Thursday with the world premiere of “Small Things Like These” starring man of the moment Cillian Murphy. Festival directors Mariette Rissenbeek and Carlo Chatrian, who will step down after this year, expressed their aim for “open dialogue” surrounding the war. The duo’s previous film, “Ballad of a White Cow,” premiered in competition in Berlin in 2021. Kenyan-Mexican actor Lupita Nyong’o will serve as the Berlinale’s first black jury president at this year’s festival. Isabelle Huppert will return to Berlin to collect her unclaimed lifetime achievement from 2022, when the French acting icon could not attend.

Persons: Cillian Murphy, Murphy, “ Oppenheimer, ”, “, Blinders, Tim Mielants, Eileen Walsh, Michelle Fairley, Emily Watson, Magdalene laundries, Mariette Rissenbeek, Carlo Chatrian, ” It’s, haven’t, Ayo Tsalithaba, Suneil Sanzgiri, Maryam Moghaddam, Sanaeeha, Berlinale, AfD’s, Kristin Brinker, Lupita Nyong’o, Brady Corbet, Jasmine Trinca, Ann Hui, Christian Petzold, Albert Serra, Oksana Zabuzhko, Kristen Stewart, Adam Sandler, Stephen Fry, Lena Dunham, Marvel’s Sebastian Stan, Martin Scorsese, Golden Bear, Isabelle Huppert, Hong Sang Organizations: BERLIN, Berlin, West Bank, Palestinian, Germany, Kenyan Locations: Ireland, Gaza, Germany, Israeli, American, Israel, Tehran, Berlin, Berlin’s, AfD’s Berlin, Mexican, Ukrainian, Czech, Poland, French, South Korean

The Fall-Winter 2024 edition of Seoul Fashion Week, which wrapped up earlier this week, saw runway shows from more than 20 established and emerging brands. Jean Chung/Getty ImagesA Fashion Week attendee in all-black, complete with hoodie, bomber jacket and chunky futuristic footwear. Jean Chung/Getty ImagesJeong Yoon-gyeong, left, and Lee Yosep, right, wear gray bags from South Korean label Nos Couleurs. Jean Chung/Getty ImagesModels (from left) Yun Mi-young, 58, Choi Soon-hea, 80, and Kang Seun-hee, 64, on the first day of Seoul Fashion Week. Jean Chung/Getty ImagesWearing a black dress and adorned with lipstick kisses, model Shlee Nau was excited to see South Korean brand Ulkin's show.

Persons: Sooy Park’s, Maison, Jean Chung, Kahyun Lee, CNN Parnika, ” Kahyun Lee, CNN Ha, Choi, Jeong Yoon, Lee Yosep, Yun Mi, Kang Seun, Kang, Soeun Kim, CNN Wu Qin Qin, Shlee Nau, Kang Hyun, Jeong Organizations: South Korea CNN, Seoul Fashion, Maison Nica, CNN Locations: Seoul, South Korea, York, London, Milan, Paris, South, South Korea’s

The order by the Hong Kong High Court also is not a remedy for the crisis of confidence haunting China’s financial markets. Markets in both Hong Kong and Shanghai fell Tuesday while share prices of property developers sank. State-owned Chinese banks and other domestic entities own most of the debt owed by Chinese property developers. David Goodman, director of the University of Sydney’s China Studies Center, said he thinks China’s property debt burdens are unlikely to precipitate a major financial crisis. “The fact of the matter is that the Chinese financial system is not as open or as marketized (as in the United States),” he said.

Persons: Brock Silvers, haven't, Silver, ”, Seng, David Goodman, —, Soo Organizations: Evergrande, Hong Kong High, Kaiyuan, ”, Sunac China Holdings, F Properties, Shanghai, Swiss Re Institute, Swiss, University of Sydney’s China Studies Center Locations: BANGKOK, Hong Kong, China, Beijing, Shanghai, Guangzhou, United States, U.S, Singapore

HONG KONG (AP) — Hong Kong begun public consultation Tuesday on enacting its own national security law, beginning a process to implement legislation that for years was widely opposed by residents who feared the erosion of their civil liberties. Beijing imposed a national security law on Hong Kong in 2020 and a crackdown on dissent followed. Both the Hong Kong and Beijing governments have hailed the law for restoring stability after the massive pro-democracy protests in 2019. But the Basic Law, Hong Kong’s mini-constitution, requires the city to enact its own national security law. Officials have said the “painful experiences” of the 2019 protests demonstrated that national security risks are real.

Persons: Hong Kong’s, “, John Lee, “ It’s, ___ Soo Organizations: Apple Locations: HONG KONG, Hong Kong, Beijing, U.S, Singapore, British

☆ Kari Lake just successfully pushed out Arizona's top Republican Party official after he allegedly tried to bribe her to stay out of politics
▼ + stars: | 2024-01-24 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

Read previewThe chairman of the Arizona Republican Party resigned on Wednesday, alleging the GOP Senate candidate Kari Lake all but forced him into doing so. Lake, apparently recording the in-person interaction herself, can be heard repeatedly rejecting the entreaties, saying she wouldn't even do it for $1 billion. Lake later told NBC News in Hampshire — where she was attending the election night party for former President Donald Trump — that DeWit should resign. "I received an ultimatum from Lake's team: resign today or face the release of a new, more damaging recording," said DeWit. AdvertisementIn a statement to Business Insider, a spokesman for the Lake campaign denied DeWit's account, saying that "no one from the Kari Lake campaign threatened or blackmailed DeWit."

Persons: —, Kari Lake, Jeff DeWit, who's, Soo, DeWit, Sen, Kyrsten, Lake, Donald Trump, He's, 8tF4sodXf3, 4XBSzoVyYL — Vaughn Hillyard, Katie Hobbs —, Ruben Gallego Organizations: Service, Arizona Republican Party, GOP, Business, Daily Mail, Lake, Senate, NBC News, Republican Party, U.S . Senate, Arizona GOP, Democratic Gov, Democratic Locations: East, Hampshire —, Arizona

☆ North Korea claims to test underwater nuclear-capable drone after US, South Korea and Japan show off naval might
▼ + stars: | 2024-01-19 | by ( Brad Lendon | Gawon Bae | ) edition.cnn.com time to read: +5 min

Seoul, South Korea CNN —North Korea on Friday claimed it had successfully tested an underwater nuclear weapons system earlier this week in response to naval drills by the United States, South Korea and Japan. North Korean state media on Friday did not show evidence for the success of the latest test, but warned the US, South Korea and Japan of the “catastrophic consequences” of their actions. Warships from South Korea, the US and Japan perform a trilateral exercise in the waters south of Jeju between January 15 and 17, 2024. South Korea's Defence MinistryAnalysts say it all points to an even more intractable North Korea. “If North Korea’s artillery fire near the inter-Korean maritime border was just part of routine training, it would be less concerning.

Persons: ”, Carl Vinson, KCNA, Kim Jong Un, Kim, Kim Jong, Kim ramped, Staff Kim Myung, Leif, Eric Easley, Easley Organizations: South Korea CNN, Korea Central News Agency, JS Hyūga, Korea’s, Chiefs, Staff, Warships, Korea's Defence, US Navy, Fleet, People’s Assembly, CNN Relations, South Korean Joint Chiefs, Korea's Defence Ministry Analysts, Ehwa University Locations: Seoul, South Korea, North Korea, United States, Japan, Korean, Pyongyang, Jeju, U.S, Republic of Korea, Korea, KCNA, North, “ Pyongyang

☆ Why the controversial mullet is having a moment
▼ + stars: | 2024-01-17 | by ( Fawnia Soo Hoo | ) edition.cnn.com time to read: +10 min

Long hair, don’t careThe “modern day” mullet largely originates from David Bowie’s genre-defining and gender-norm defying persona, Ziggy Stardust, Glasscock said. “People from the Continental Congress wore what we would read as a full metal, 1992 mullet,” said Glasscock. (“Hockey hair” was, meanwhile, a popular synonym for mullet at the time, given its prominence among players and fans.) Devin Yalkin/Courtesy A24While playing Kerry Von Erich in “The Iron Claw,” White also wore his dynamic, sweeping mullet off-set — but not entirely by choice. “I was like, ‘I’m sorry, here’s a ponytail holder.”But that dedication may have played an integral part in a mullet revival kicking off 2024.

Persons: Von Erich, ”, Napoleon Bonaparte’s, Paul Barras, Ridley Scott’s “ Napoleon ”, Jessica Glasscock, Tahir Rahim, Napoleon, Aidan Monaghan, Paul Mescal’s, Kristen Stewart’s, Von Erichs, David, Harris Dickinson, Kerry, Jeremy Allen White, Kevin, Zac Efron, They’re, Natalie Shea Rose, hairdos, Rose, David Bowie’s, Ziggy Stardust, Glasscock, Vivienne Westwood, Malcolm McClaren, David Bowie, Aladdin, Joseph, Michael Putland, Procopius, Bowie, Suzi Ronson, “, Yamamoto, “ Bowie, ” Glasscock, “ Napoleon ”, Francesco Pegoretti, Pegoretti, Tahir, mullets, Benjamin Franklin, Joseph Siffred Duplessis, Duran Duran, Bono, —, ’ ” Glasscock, Joe Namath, Nicolas Cage’s, Air ”, David Spade’s, Joe, Rambo, Von Erich mullets, Taghizadeh, Harry, Paul Mescal, Adam, Andrew Scott, Zoe Clare Brown, Mescal, ’ ”, Brown, Devin Yalkin, Kerry Von Erich, ” White, ” Rose, I’m, “ There’s Organizations: CNN, Apple, Globe, Lone Star State, Continental Congress, Sporting, New York Jets, Air Locations: Ridley, Texas, London, Celtic, Nez Perce, Roman, France, Barras, United States

☆ The company behind the unbearably spicy instant ramen that sparked countless food-eating challenges went through 2 tons of sauce and 1,200 chickens to perfect its flavor
▼ + stars: | 2024-01-15 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +2 min

AdvertisementThe two couldn't handle the spiciness, but Kim still believed there was a market for a spicier ramen. "We have to do a ramen version of this," she recalled to WSJ. According to Kim, Samyang's food development team took months to perfect the flavor, going through 1,200 chickens and two tons of sauce. Kim herself initially couldn't handle the spiciness of Buldak — its original flavor rated at around 4,000 Scoville Heat Units. Costco also has been selling Buldak at some West Coast locations and is considering expanding the ramen's availability throughout the US, Samyang told the publication.

Persons: —, Kim Jung, soo, Kim, Buldak, Samyang Organizations: Service, Business, Wall Street, Walmart, Costco Locations: South Korean, Korea, West Coast

☆ Asia’s year in review: Who had it good — and who had it bad — in 2023
▼ + stars: | 2023-12-22 | by ( Curtis Chin | Jose B. Collazo | ) www.cnbc.com time to read: +7 min

As 2023 comes to a close, we take a look at the year that was in Asia and the Pacific region. But who had it good and who had it bad in 2023? Bad year: China's property marketWith millions of Chinese citizens still waiting for homes they put down payments on — but might never be built — 2023 was a particularly bad year for China's property market. A newly built property is seen from the air in Hangzhou city, Zhejiang province, China, Dec 15, 2023. Chinese families and individuals who once saw homes as more than somewhere to live but also as investments have reason to fear 2023 won't be the last bad year they face.

Persons: Curtis, Chin, Jose B, —, Vikram, Amit Dave, Narendra Modi, Taylor Swift, Kim Ji, Jennie, Kim Jennie, Roseanne Chae, Lisa, Lalisa, King Charles, Rose, Roseanne Park, Jisoo Kim, Jennie Kim, King Charles III, Yoon Suk Yeol, Kim Keon Hee, Victoria Jones, Blackpink, Michelle Yeoh, Joe Biden, Xi Jinping, San Francisco —, China Evergrande, Moody's, Asia's Organizations: Asian Development Bank, RiverPeak Group, ISRO —, Indian Space Research, Orbiter, ISRO, Buckingham, Sustainable, COP26, Getty, YG Entertainment, APEC, U.S, International Monetary Fund Locations: U.S, Asia, Turkey, Syria, Maui, Hawaii, Lahaina, Pacific, India, Gujarat Science City, Ahmedabad, Korea, British, LONDON, ENGLAND, Glasgow, London, England, South Korea, Malaysian, New Zealand, Thailand, China, San Francisco, United States, Taiwan, South China, Country, Hangzhou city, Zhejiang province

☆ A groundbreaking new Ralph Lauren collection celebrates Indigenous design
▼ + stars: | 2023-12-05 | by ( Fawnia Soo Hoo | ) edition.cnn.com time to read: +9 min

In 2020, Ralph Lauren launched initiatives to expand its “collegiate sensibility,” which first resulted in a 2022 collaboration with Morehouse and Spelman Colleges incorporating the traditions and styles of historically Black colleges and universities. “Ralph Lauren has always been inspired by the people, art and cultures that make up America,” wrote David Lauren, son of founder Ralph and the company’s chief branding and innovation officer, in an email to CNN. Courtesy Ralph LaurenThe designer, activist and TikTok-famous skateboarder enthusiastically “reimagined” signature Ralph Lauren silhouettes, like the Great Ranch Coat, an outerwear piece she’d admired for years. “So it was just me, weaving exactly how they would, just true to their own style.”"Heritage and tradition are at the center of everything I love," said Ralph Lauren in a statement. Ryan RedCorn/Courtesy Ralph LaurenGlasses' collection features 32 pieces total, in colors "inspired by her homeland on Navajo Nation," the brand said.

Persons: Ralph Lauren’s, “ It’s, Ralph Lauren polos, nava, “, ”, Ralph Lauren, ’ ”, Ryan RedCorn, Ralph Lauren “, Tyler Sr, —, Gabriella Hearst, Jai Al, “ Ralph Lauren, David Lauren, Ralph, America —, Glasses, I’m, Ralph Lauren Glasses, Piki Wadsworth, Ralph Lauren flagships, Osage multihyphenate, ’, Daryn, “ Ryan, Ralph Lauren's, Ralph Lauren That’s, Phillip Bread, Mato Mayuhi, Tyler Organizations: CNN, New, Futures, Morehouse, Spelman Colleges Locations: Rock Point , Arizona, Navajo, New York City, Oxford, America, concho, Saltillo, White, Phoenix, lensed

"With this (decision) Yoon is trying to make sure there is policy continuity in place ahead of election," said Park Sang-hyun, an economist at HI Investment & Securities. "Choi has been long-time finance ministry person and he basically spearheaded major economics policies of the Yoon administration from the very beginning so its a safe choice." Choi has a bachelor's degree from the Seoul National University law school, where Yoon also studied around the same time. Choi's career in government service has been mostly at the finance ministry, overseeing economic policy making, financial market policies, and external business relations. Yoon doesn’t need parliamentary approval to appoint a new finance minister, who also serves as deputy prime minister.

Persons: Yoon Suk, Choi Sang, mok, Choi, Choo, Yoon, Yoon's, Yoon doesn’t, Soo, hyang Choi, Ed Davies Organizations: HI Investment, Securities, Gallup, Bank of, Seoul National University, Thomson Locations: SEOUL, Gallup Korea, Daegu

☆ South Korea flies solid-fuel rocket amid space race with North Korea
▼ + stars: | 2023-12-04 | by ( Hyunsu Yim | ) www.reuters.com time to read: +3 min

[1/4] A solid-fuel space rocket is launched during a test flight over the sea near Jeju Island, South Korea, December 4, 2023. The Defense Ministry/Handout via REUTERS Acquire Licensing RightsSEOUL, Dec 4 (Reuters) - South Korea on Monday successfully conducted a flight of a solid-fuel rocket carrying a satellite over the sea near Jeju Island, the defence ministry said, amid a growing space race with neighbouring North Korea. A SpaceX Falcon 9 rocket carried South Korea's first spy satellite into orbit on Friday from California's Vandenberg Space Force Base. North Korea on Monday denounced what it called Washington's "double standard" over the two Koreas' satellite launches and said such "brigandish" American standards would never be tolerated. A functioning reconnaissance satellite could allow North Korea to remotely monitor U.S., South Korean, and Japanese troops.

Persons: California's, Kim Jong, Hyunsu Yim, hyang Choi, Ed Davies, Gerry Doyle Organizations: The Defense Ministry, REUTERS Acquire, Rights, Agency for Defense Development, Korea's Hanwha, Hanwha Systems, SpaceX, California's Vandenberg Space Force, White House, Pentagon, U.S, Thomson Locations: Jeju, South Korea, Rights SEOUL, North Korea, Pyongyang, United States, Korea, Norfolk , Virginia, South

☆ North Korea begins spy satellite operations -KCNA
▼ + stars: | 2023-12-02 | by ( ) www.reuters.com time to read: +2 min

SEOUL, Dec 3 (Reuters) - North Korea has begun reconnaissance satellite operations, state news agency KCNA said on Sunday, after the country launched its first military spy satellite last month in a move that drew new sanctions from the U.S. and its allies. North Korea says it successfully launched its first military spy satellite on Nov. 21, transmitting photos of the White House, the Pentagon, U.S. military bases and "target regions" in South Korea. The move raised regional tensions and sparked fresh sanctions from the U.S., Australia, Japan and South Korea. The article also argued that South Korea's own, first military reconnaissance launch this month proved to be self-contradictory. On Friday, a SpaceX Falcon 9 rocket carried South Korea's first spy satellite into orbit from California's Vandenberg Space Force Base.

Persons: KCNA, Kim Myung, Jihoon Lee, Jonathan Oatis Organizations: Pyongyang General Control Centre, National Aerospace Technology Administration, White, Pentagon, Korea's, Chiefs of Staff, ., SpaceX, Vandenberg Space Force Base, Thomson Locations: SEOUL, North Korea, U.S, Pyongyang, South Korea, Australia, Japan, Korean, Seoul, Lincoln

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