DIRS.INFO The most relevant business & tech news

☆ South Korea: Itaewon crush haunts survivors one year after Halloween crowd disaster
▼ + stars: | 2023-10-27 | by ( Heather Chen | ) edition.cnn.com time to read: +9 min

CNN —Hye Minyi can still vividly recall what happened in Itaewon, South Korea, on the night of October 29, 2022. Whether the disaster in Itaewon last year will put a dent in this growing popularity is yet to be seen. “We are extremely concerned that there could be a repeat of the Itaewon tragedy,” said Shibuya mayor Ken Hasebe. The Itaewon crowd crush was South Korea’s worst peacetime disaster since the sinking of a ferry in 2014 killed 304 people – among them 250 students and teachers from the Danwon State High School. Lee is certain of one thing, however – that she is “never going back to the area again.”“For me, Halloween and the Itaewon tragedy are (inextricably) linked,” she said.

Persons: CNN — Hye, Amy, Hye, ” Hye, ”, “, Anthony Wallace, expats, Ken Hasebe, Hasebe, ” Hasebe, overtourism, Yuya Shino, Critics, Jung Yeon, Yoon Suk, Kim Kun, Chung Sung, Lee, Kim Ho, Lee Sang Organizations: CNN, Getty, “, Reuters, Danwon State High School, South Korean, Seoul Metropolitan Government, South, City, Facebook, Interior, Safety Locations: Itaewon, South Korea, Seoul, AFP, Asia, Tokyo, Taipei, Hong Kong, Shanghai, Singapore, Japan, Shibuya, “, Tokyo's Shibuya, Guangzhou, China, South, Danwon, Yongsan

☆ Asia markets set for slight recovery after recent sell-off, but Hong Kong poised to fall
▼ + stars: | 2023-10-24 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

Some markets also are poised to poised to recover slightly after Asia saw a broad sell-off in the last three sessions. In Australia, the S&P/ASX 200 gained 0.36% in early trading, recovering from three straight days of losses. Japan's Nikkei 225 is also set to recover ahead of its October purchasing managers index reading from S&P Global. The futures contract in Chicago was at 31,130 and its counterpart in Osaka at 31,060 against the index's last close of 30,999.55. However, Hong Kong's Hang Seng index comes back from a holiday with a weak open, with futures for the HSI at 17,044, compared to the index's close of 17,172.13.

Persons: Natthapol, Hong Organizations: Nikkei, P Global Locations: Seoul, Asia, Pacific, Japan, Australia, South Korea, Chicago, Osaka

☆ South Korea to hold largest defence show in bid to boost global sales
▼ + stars: | 2023-10-16 | by ( Josh Smith | ) www.reuters.com time to read: +3 min

[1/3] South Korea's K-2 tank is displayed at the 2023 Seoul International Aerospace and Defense Exhibition (ADEX) in Seongnam, South Korea, October 16, 2023. REUTERS/Josh Smith Acquire Licensing RightsSEONGNAM, South Korea, Oct 16 (Reuters) - South Korea will kick off its largest-ever defence exhibition this week, as the country seeks to turbocharge its arms sales and showcase a rare appearance by a U.S. nuclear-capable bomber. "This is an opportunity for Korea's defence industry to draw international attention and take a giant leap forward," Lee said. At a South Korean military airbase south of Seoul on Monday, exhibitors made final preparations as participants in early events wandered among South Korean and U.S. military vehicles and warplanes on the tarmac, including advanced American stealth F-22 and F-35 aircraft. Under Yoon, South Korea and the United States have stepped up displays of strength, particularly U.S. nuclear-capable assets, in an effort to deter North Korea.

Persons: Josh Smith, Lee Jong, Lee, Yoon Suk Yeol, Charles Cameron, Yoon Organizations: Aerospace, Defense, REUTERS, Rights, U.S, Seoul International Aerospace, South, South Korean, U.S . Air Force, Thomson Locations: Seongnam, South Korea, Rights SEONGNAM, Seoul, U.S, Poland, South Korean, American, United States, North Korea, South, Korean, Ukraine

☆ South Korea to Hold Largest Defence Show in Bid to Boost Global Sales
▼ + stars: | 2023-10-15 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +2 min

By Josh SmithSEONGNAM, South Korea (Reuters) - South Korea will kick off its largest-ever defence exhibition this week, as the country seeks to turbocharge its arms sales and showcase a rare appearance by a U.S. nuclear-capable bomber. "This is an opportunity for Korea's defence industry to draw international attention and take a giant leap forward," Lee said. South Korea has been roughly ninth in the world for defence exports in recent years, but President Yoon Suk Yeol has called for it to improve. At a South Korean military airbase south of Seoul on Monday, exhibitors made final preparations as participants in early events wandered among South Korean and U.S. military vehicles and warplanes on the tarmac, including advanced American stealth F-22 and F-35 aircraft. Under Yoon, South Korea and the United States have stepped up displays of strength, particularly U.S. nuclear-capable assets, in an effort to deter North Korea.

Persons: Josh Smith, Lee Jong, Lee, Yoon Suk Yeol, Charles Cameron, Yoon Organizations: Reuters, U.S, Seoul International Aerospace, Defense, South, South Korean, U.S . Air Force Locations: Josh Smith SEONGNAM, South Korea, Seoul, U.S, Poland, South Korean, American, United States, North Korea, South, Korean, Ukraine

☆ I moved to a US military base in South Korea with a month's notice. I love it so much I'm dreading going back to America.
▼ + stars: | 2023-10-12 | by ( Elle Hardy | ) www.businessinsider.com time to read: +9 min

Amber Griffiths moved to Camp Humphreys in South Korea last October after her husband was assigned there. AdvertisementAdvertisementThis as-told-to essay is based on a conversation with Amber Griffiths, a 25-year-old military wife, mother, and owner of a baking business. Since my husband is in the military, we knew our life could be incredibly unpredictable, but it was still kind of crazy. In that time, we had to get everything packed, say goodbye to friends and family, and ship our car overseas. We've made so many good memories that I'm dreading going back to AmericaI didn't think I was going to love living in another country as much as I do.

Persons: Amber Griffiths, Camp Humphreys, —, Baskin, Robbins, Griffiths, I'd, Everyone's, there's, we've, We've, I've Organizations: Service, United Service, USO, Google Locations: South Korea, Fort Hood , Texas, Seoul, —, Korea, America, There's, Texas, Australia

☆ Tokyo’s Shibuya City attempts to ban Halloween
▼ + stars: | 2023-10-06 | by ( Lilit Marcus | ) edition.cnn.com time to read: +2 min

CNN —Tokyo’s Shibuya Crossing is the busiest intersection in the world, with five crosswalks interlacing through 10 lanes of car and bus traffic. The leadership of Shibuya City – which is a self-governed district within Tokyo – has issued a formal request to both domestic and foreign tourists to mind their manners and not observe Halloween in the area from October 27-31. Crowds of people celebrating Halloween in Shibuya in 2014. The Shibuya City notice specifically addresses concerns that, if people don’t take action, Tokyo could experience a dangerous crowd crush like the one that took place in Seoul last year. “The streets of Shibuya are not party venues,” the city’s mayor, Ken Hasebe, said in a statement.

Persons: overtourism, Yuya Shino, it’s, Ken Hasebe Organizations: CNN, Tokyo – Locations: Shibuya, Tokyo, Japan, Seoul

☆ Seoul Robotics CEO says it has an 'interesting' approach to lidar sensors
▼ + stars: | 2023-10-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSeoul Robotics CEO says it has an 'interesting' approach to lidar sensorsHanBin Lee, CEO of Seoul Robotics, discusses its use of light detection and ranging sensors and the demand for them.

Persons: HanBin Lee Organizations: Seoul, Seoul Robotics Locations: Seoul

☆ South Korea holds rare military parade, warns North over nuclear threat
▼ + stars: | 2023-09-26 | by ( Soo-Hyang Choi | ) www.reuters.com time to read: +3 min

SEOUL, Sept 26 (Reuters) - South Korea kicked off its first large-scale military parade in a decade on Tuesday, with weapons ranging from ballistic missiles to attack helicopters due to roll through Seoul in a show of force as it takes a tougher stance against North Korea. "If North Korea uses nuclear weapons, its regime will be brought to an end by an overwhelming response from the ROK-U.S. alliance," Yoon said while addressing troops in the rain. South Korea last held a military street parade in 2013. The event will also feature a joint flyover by South Korean and U.S. military aircraft to demonstrate an "upgraded" combined defence posture, the ministry said. Yoon has said that if Russia helped North Korea enhance its weapons programs in return for assistance for its war in Ukraine, it would be "a direct provocation".

Persons: Kim Jong, Yoon Suk Yeol, Yoon, Hyunmoo, Kim Jong Un, Vladimir Putin, Soo, hyang Choi, Hyunsu Yim, Jack Kim, Gerry Doyle Organizations: North, country's Armed Forces, Seoul Air Base, ROK, Defence Ministry, The Armed Forces, SAM, KF, South Korean, Thomson Locations: SEOUL, South Korea, Seoul, North Korea, Pyongyang, Korea, South, Seoul . South Korea, Washington, Tokyo, Seongnam, U.S, Russia, Ukraine

Seoul, South Korea CNN —South Korea showcased an arsenal of advanced weaponry in a military parade on Tuesday, rolling tanks and missiles down the streets of its rain-soaked capital during the first event of its kind in a decade. South Korean troops marched during the military parade in Seoul, South Korea, on September 26, 2023. Soldiers in vehicles waved to the crowd as they passed by; several carriers had the South Korean flag affixed to the exterior. Yoon has previously stated his goal to make South Korea one of the world’s top four arms exporters, after the US, Russia and France. South Korean weaponry and vehicles were on display during a parade in Seoul on September 26, 2023.

Persons: Yoon Suk Yeol, Kim Hong, ” Yoon, –, Peter Layton, Kim Keon Hee, ”, Yoon, it’s, Layton, Chung Sung, Joe Biden, Biden, Fumio Kishida, David Organizations: South Korea CNN, 75th Armed Forces, Seoul Air Base, Reuters, South, Ministry of National Defense, Korean, Griffith Asia, Griffith University, Export, Import Bank of Korea, Japanese Locations: Seoul, South Korea, Korea, United States, Japan, Pyongyang, North Korea, Washington, China, Russia, France, Maryland

The subway rumbled toward its final stop north of Seoul. Along the way, hordes disembarked, with the determined, brisk gait of those with somewhere to be. Far from the city center, the thicket of high-rise buildings grew sparser, and the afternoon sun crept deeper into the train cars, riding on an elevated track at that point. By the end of the line, many who remained on board were noticeably older — nodding off, gazing out the window, stretching their shoulders. He ambled about a hundred yards beyond the station, rested briefly in the shade — and then got right back on the train heading south.

Persons: Lee Jin, Lee Organizations: Adidas Locations: Seoul

☆ Asia markets largely set to fall after Fed holds rates, but signals higher rates for longer
▼ + stars: | 2023-09-21 | by ( Lim Hui Jie | ) www.cnbc.com time to read: 1 min

In a photo taken on November 4, 2019 a subway train crosses a rail bridge over the Han river, before the skyline of the Yeouido business district of Seoul. Asia-Pacific markets are set for a mixed open after the U.S. Federal Reserve held its benchmark policy rate, but said it will raise interest rates one more time this year, according to the central bank's projections. Projections showed the central bank expects to hike rates to a median of 5.6% by the end of 2023, up from the current range between 5.25% and 5.5%. The rate-setting Federal Open Market Committee projected two rate cuts in 2024, which is two fewer than its forecast in June. That would put the funds rate around 5.1%.

Organizations: U.S . Federal Reserve Locations: Seoul . Asia, Pacific

Seoul, South Korea CNN —South Korean police have arrested two people and questioned more than a dozen American soldiers on suspicion of smuggling and distributing synthetic cannabis after raiding two US army bases. Two people – a South Korean and a Filipino – were arrested for alleged drug distribution. Jung Yeon-je/AFP/Getty ImagesRecreational use of cannabis is illegal in South Korea, where drugs are a social and cultural taboo and users face harsh penalties. Gyeonggi Nambu Provincial PoliceThe soldier, who is among those questioned, sold the drug to a Filipino distributor, who then sold it to a South Korean distributor and other US soldiers, the release alleged. During the raid, police seized 80 milliliters of synthetic cannabis, 27 electronic cigarette devices and nearly $13,000 in cash allegedly earned from drug sales, the release said.

Persons: Camp Casey, Camp Humphreys, Jung Yeon, Camp Humphries Organizations: South Korea CNN — South, Wednesday . Police, United, US Army Criminal Investigation Division, Police, CNN, United States Forces, Getty, Nambu Provincial Police, US Army Criminal Locations: Seoul, South Korea, Camp Humphreys, United States, Korean, United States Forces Korea, Camp, Pyeongtaek

☆ Read Your Way Through Seoul
▼ + stars: | 2023-09-06 | by ( Han Kang | ) www.nytimes.com time to read: +3 min

It consists of bizarre, supernatural tales — kings born from eggs, a magic flute that hushes the storms to sleep. “The Story of Hong Gildong,” also from the Joseon dynasty, was recently translated into English by Minsoo Kang. After starting with sparkling childhood memories in Kaesong — now in North Korea — the narrative shifts to Seoul in the midst of the Korean War. What should I read before I go to Seoul? And novels such as “Concerning My Daughter,” by Kim Hye-jin, translated by Jamie Chang; “My Brilliant Life,” by Ae-ran Kim, translated by Chi-Young Kim; and “Your Republic Is Calling You,” by Kim Young-ha, also translated by Chi-Young Kim, reflect the ambience of Seoul.

Persons: Samguk, Ilyon, Kumo, Kim Sisup, Hong Gildong, ”, Minsoo Kang, Gildong, Heo Gyun, Yu Young, Stephen J, Epstein, Kim Hyesoon, Don Mee Choi, Lee Jangwook, Sun Kim, Tsering, Shim Bo, Chung Eun, Brother Anthony of Taizé, Kim Yi, Ji Yoon Lee, Johannes Göransson, Kim Min Jeong, Soeun Seo, Jake Levine, “, Ha Seong, Janet Hong, Bora Chung, Anton Hur, Sang, Hur, Choi Eunyoung, Sung Ryu, Kim Hye, Jamie Chang, Kim, Young Kim, Kim Young Organizations: Chi Locations: Ancient Korea, Korean, Wan, —, North Korea, Seoul, Noon, ”, Big City

☆ Step inside the Beverly Hills of the Philippines, where homes rarely change hands, access is nearly impossible if you don't know a resident, and inequality is on full display
▼ + stars: | 2023-09-05 | by ( Marielle Descalsota | ) www.businessinsider.com time to read: +1 min

Ervina Balaga, a realtor who sells homes in Beverly Hills, met us inside the neighborhood. A mansion perched on top of the hill in Beverly Hills in Cebu, Philippines. Balaga told me the cheapest home on the market right now in the neighborhood costs 52 million pesos, or around $915,000. Balaga told me homes in Beverly Hills are rarely sold to outsiders, as many who live there are regarded as the "Old Money" of Cebu. For comparison, the median price of homes in Cebu City is listed at $141,270, per data by the Urban Land Institute.

Persons: Ervina, Marielle, Balaga Organizations: Urban Land Institute Locations: Beverly Hills, Cebu, Philippines, Cebu's, Seoul, Pasil, Cebu City

Government data shows 100 public school teachers in South Korea – mostly elementary school teachers – killed themselves from January 2018 to June 2023. Under the law, anybody who suspects a case of child abuse can report it to the authorities without needing to provide evidence. South Korean teachers holding signs that call for "truth," to commemorate the death of a teacher, in Seoul on September 4. Call for changeBut protesters and teachers say they won’t be satisfied until the child abuse law is amended. South Korea has the highest suicide rate among OECD nations, with that rate increasing among teenagers and young adults in their 20s, according to the country’s health ministry.

Persons: Chung Sung, Cho Hee, Cho, Jung Yeon, ”, –, Yoonjung Seo, Lee Joo, “, ” Lee, Yoon Suk Organizations: South Korea CNN, Korean Federation of Teachers ’, country’s Education Ministry, Seoul Metropolitan Office of Education, Seoul Seoi Elementary School, Getty, Authorities, Teachers, South, Korean Teachers and Education Workers ’ Union, CNN, CNN Education, Reuters, OECD, Ministry of Education, Korean Federation of Teachers ’ Associations Locations: Seoul, South Korea, “, South

☆ South Korea is working on an 'arsenal ship' in case it has to shower North Korea with missiles
▼ + stars: | 2023-08-31 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +9 min

If completed, they would be the first arsenal ships ever built and would mark another accomplishment for South Korea's burgeoning defense industry. AdvertisementAdvertisementThe arsenal shipAn illustration of a possible arsenal ship published in the US Navy's All Hands magazine in May 1995. South Korean interestA North Korean Hwasong ICBM in March 2022. Given the number and types of missiles South Korea's arsenal ships would carry, they could be involved in all three axes — all while staying mobile. AdvertisementAdvertisementHanwha Ocean's arsenal shipFew details about South Korea's arsenal ship program have been released.

Persons: Shoup, Neil Mabini, Haeseong Organizations: South, North, Service, International Maritime Defense Industry, South Korean, South Korea's Ministry of National Defense, US Navy, US, Russian Navy, Navy, RIM, MGM, Tactical Missile System, Air Force, Getty, Korea Air and Missile Defense, Korean, Daewoo Shipbuilding, Marine Engineering, Naval News, South Korea Defense Ministry, NUR Locations: North Korean, Wall, Silicon, South Korean, Busan, Soviet Union, Korean, Korea, Seoul, South Korea

☆ U.S. Space Force looks to boost allied tracking of North Korea missiles
▼ + stars: | 2023-08-30 | by ( Josh Smith | ) www.reuters.com time to read: +3 min

A new logo for the U.S. Space Force being added by the Trump administration as a sixth branch of the U.S. military, is seen in this handout image released by U.S. President Donald Trump from the White House in Washington, U.S. January 24, 2020. Led by a small contingent of U.S. Space Force personnel - the branch's first official component set up overseas - the allies see closer space integration as key to better tracking North Korean threats and responding to a conflict. The exact details of that trilateral cooperation are being worked out at higher levels, Space Force officials told reporters at a briefing at Osan Air Base, south of Seoul. Missile tracking data, including information from the U.S. Space-based Infrared System (SBIRS), which can detect missile launches, is already being automatically shared with U.S. allies through early warning systems, said Master Sergeant Shawn Stafford.

Persons: Trump, Donald Trump, Joe Biden, Yoon Suk Yeol, Fumio Kishida, Matt Taylor, Taylor, Shawn Stafford, Kim Jong Ha, Tal Inbar, Josh Smith, Gerry Doyle Organizations: U.S . Space Force, U.S ., U.S, White, REUTERS, Rights, Korean, . Space Force, South Korean, Korea, Space Force, Osan Air Base, . Space Forces, South, South Korean Air Force Space, Squadron, Israel's Fisher Institute for Air, Space Strategic Studies, Thomson Locations: Washington , U.S, Rights SEOUL, U.S, Japan, Seoul, Korea, South Korea

☆ China is furious with Japan's plan to release treated Fukushima water into the ocean
▼ + stars: | 2023-08-23 | by ( Sam Meredith | ) www.cnbc.com time to read: +4 min

A massive earthquake and tsunami in March 2011 destroyed the Fukushima nuclear power plant, which is situated on Japan's east coast, about 250 kilometers (155 miles) northeast of the capital Tokyo. Japan's government has repeatedly said the discharge of the treated water is safe and the U.N.'s nuclear watchdog has endorsed the move. Japanese Prime Minister Fumio Kishida (C) speaks during a meeting with representatives of the Inter-Ministerial Council for Contaminated Water, Treated Water and Decommissioning Issues and the Inter-Ministerial Council Concerning the Continuous Implementation of the Basic Policy on Handling of ALPS Treated Water, at Prime Minister's Office, on August 22, 2023, in Tokyo, Japan. Hong Kong's Chief Executive John Lee, meanwhile, "strongly opposes" the discharge of wastewater from the Fukushima power plant. Hundreds of activists in South Korea had gathered in the capital of Seoul earlier this month to rally against Japan's plan to dispose of the treated water into the ocean.

Persons: Philip Fong, Fumio Kishida, Rodrigo Reyes Marin, Wang Wenbin, Wang, John Lee, Chung Sung Organizations: Afp, Getty, Japan, International Atomic Energy Agency, Inter, Ministerial Council, Minister's, Zuma, Anadolu Agency, Foreign Ministry, Japan's Embassy, CNBC, Hong, Japanese Locations: Shinchi, Fukushima Prefecture, Japan, Japan's, Tokyo, Japanese, China, London, Hong Kong, Seoul, South Korea, Korea, Fukushima

☆ Tourists’ drinking misadventures up Eiffel Tower and in Trevi fountain
▼ + stars: | 2023-08-19 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +5 min

Editor’s Note: Sign up for Unlocking the World, CNN Travel’s weekly newsletter. CNN —In travel news this week, misbehaving tourists in Europe, the German couple who moved to Italy to open a restaurant and city vacation ideas from Seoul to Bratislava. In Paris, drunken Americans were trapped overnight up the Eiffel Tower. In a separate incident, a man was arrested after jumping off Gustave Eiffel’s crowning achievement with a parachute. They could have done with the help of our partners at CNN Underscored, a product reviews and recommendations guide owned by CNN.

Persons: Gustave Eiffel’s, isn’t, Frenchman, Sri Lankan Tharshan Selvarajah, it’s, Nicolas Chazee, Mathilde Vougny, they’ve Organizations: CNN, Bratislava . Law, Delta Air Lines, Fruit, Sri Lankan Tharshan, Paris ’, Prague, Rover, YouTube Locations: Europe, Italy, Seoul, Bratislava, Paris, Rome, Hayling, Germany, Munich, Sri Lankan, Here’s, Hiroshima, Slovakia, Vienna, United States, Norway, California, Belgian, Indonesian, American, Colorado

☆ 8 of the world’s best new theme parks
▼ + stars: | 2023-08-18 | by ( Kate Springer | ) edition.cnn.com time to read: +13 min

Peppa Pig Theme Park, FloridaFlorida's Peppa Pig Theme Park opened in 2022. Peppa Pig Theme ParkThe world’s first Peppa Pig Theme Park opened last year in Winter Haven, Florida, and has been delighting children with wholesome fun ever since. Look out for another Peppa Pig Theme Park, opening in Dallas, Texas, next year. Peppa Pig Theme Park. Genting SkyWorlds Theme Park, MalaysiaMalaysia's Genting SkyWorlds Theme Park offers 26 attractions across nine themed areas.

Persons: we’re, Katmandu, Kilgore Goode, Kyle Grillot, Peach’s, Mount Beanpole, Mario, Bowser, Bowser Jr, Tomohiro Ohsumi, Miyazaki’s, There’s, LEGOLAND, gil, Aquaverse, there’s, Chang, Potato’s, Grandad, Wynter, ” Organizations: CNN, Northern, Columbia Pictures, Super Nintendo, California Mario Kart, Universal Studios Hollywood, Bloomberg, Universal Studios Japan, Mushroom Kingdom, Toadstool, Nintendo, Universal City Plaza, Universal, Ghibli, Ghibli Park, South Korea LEGOLAND, LEGOLAND, Thailand Columbia Pictures, Columbia, Lotte, Adventure, South Korea Lotte, Adventure Busan Lotte, Tinker, Potato’s Showtime, Genting, Andromeda Base, Plaza, Genting SkyWorlds Locations: Japan, Thailand, Punta Cana, Dominican Republic, Caribbean, Nepal, Av, Alemania, California, Bowser’s, Mount, Universal City , CA, Nagoya, Nagakute, Aichi, Korea, South Korea, York, Legoland, LEGOLAND Korea, Chuncheon, Seoul, Gangwon, Asia, Pattaya, Bangkok, Transylvania, Chon, Adventure Busan, Tinker Falls, “ Queen, “, Busan, Florida, Winter Haven , Florida, Dallas , Texas, Wynter Haven , Florida, Malaysia, Resorts, Kuala Lumpur, Rio, Liberty Lane, Central Park, Genting, Genting Highlands, Pahang

☆ Missiles aren't the only threat from North Korea. Its conventional arms are just as deadly
▼ + stars: | 2023-08-17 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +6 min

A fire assault drill by North Korean rocket artillery units at an undisclosed location in North Korea in March 2023 in this photo released by North Korea's Korean Central News Agency (KCNA). In late 2022, CFR estimated North Korea had 1.3 million active military personnel, in addition to a 600,000 strong reserve force. Pinkston pointed out that North Korea is not the only one that can launch an attack at short notice. Holistic perspectiveWhy would North Korea need to develop missiles if it holds such a potent threat over South Korea — even if short-lived? However, Cha pointed out that there have also been studies that have shown the damage inflicted by North Korean artillery is "not that effective."

Persons: that's, Naoko Aoki, Victor Cha, Rand, Daniel Pinkston, Pinkston, Cha Organizations: North Korean, North, Korean Central News Agency, Reuters, Korea's, Rand Corporation ., of Foreign Relations, CFR, Korean, Artillery, Center for Strategic, International Studies, Rand Corp, Samsung Electronics, Rand, . Rand Corporation, LG, South Korean, Troy University, CNBC, Korea People's Army, CSIS Locations: North Korea, Korean, Korea, South Korea, Seoul, Pyongyang, U.S, Paju, counterfire, Washington, United States, Victor, Victor Cha Korea

☆ China lifts ban on group travel to more than 70 locations, giving a boost to travel stocks
▼ + stars: | 2023-08-10 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

China lifted a ban on group tours to more than 70 locations, giving travel and airline stocks in Asia a boost. China's culture and tourism ministry said Thursday that group tours will resume to over dozens of locations in Asia-Pacific, Europe, Africa and North America. South Korean airline and travel stocks saw the strongest reaction, with tour agency, airline and hotel stocks all surging. Travel agency Lotte Tour Development saw its shares spike more than 25%, while shares of luxury hotel operator Hotel Shilla surged 17%. South Korean airlines also saw gains, with Asiana Airlines climbing 7% and Korea Airlines advancing 3.1%.

Organizations: North America, Travel, Lotte Tour Development, Asiana Airlines, Korea Airlines Locations: Seoul, China, Asia, Pacific, Europe, Africa, North, Japan, South Korea, Australia, United Kingdom, Germany, Finland, Sweden, Qatar, Oman, Lebanon, Israel

Seoul, South Korea CNN —Hundreds of teenage boy and girl scouts have fallen ill at a global event in South Korea as a sweltering heat wave sweeps the country, angering some parents who have called for the 12-day event to be canceled. Their visit came as South Korea recorded consistently high temperatures up to 35 degrees Celsius (95 Fahrenheit), triggering nationwide heat wave warnings and posing a major headache for jamboree organizers. On Thursday alone, 1,486 people visited the on-site hospital at the World Scout Jamboree, held in Saemangeum, a few hours south of Seoul, according to Kim. Kim Hong-Ji/ReutersCNN has reached out to jamboree organizers for a response to the parents’ comments. The fire service has been operating the on-site hospital, with about 200 fire department personnel deployed every day to the event site.

Persons: Kim Hyun, Kim, commenter, ”, Kim Hong, ’, Yoon Suk, “, – Organizations: South Korea CNN, Jeonbuk, Service, Reuters CNN Locations: Seoul, South Korea, Saemangeum

South Korean President Yoon Suk Yeol has warned extreme weather should be expected as the norm because of climate change, but extensive damage to property and farmland and human casualties for a second year, has cast doubt on the country's readiness. Kwon, who has been farming for 25 years, said it was the first time extreme weather conditions had caused such severe damage since she began growing watermelons 10 years ago. Farmers called for stronger preparations for global warming and asked the government to build more facilities to prevent damage from extreme climate changes. Neighbouring farmer Lee Gun-ho, 60, who cultivates lettuce and strawberries, says farming is always tricky when it comes to weather but more extreme conditions are occurring more frequently and unexpectedly. "However, it's getting warmer and sudden heavy rains are pouring a lot more.

Persons: Kwon Gye, Yoon Suk Yeol, Kwon, ”, Yoon, Lee, Jack Kim, Sharon Singleton Organizations: Farmers, Minwoo, Thomson Locations: South Korea, South, Nonsan ., Seoul

North Korean leader Kim Jong Un meets with Russian Defense Minister Sergei Shoigu and his delegation, North Korean state media KCNA reported on July 26, 2023. Meanwhile, Moscow over the decades has been a staunch ally for North Korea, especially as the two share a joint animosity toward the West. US officials said last year that North Korea was selling millions of rockets and artillery shells to Russia for use on the battlefield in Ukraine. North Korea typically marks key moments in its history with displays of its newest weaponry. One such weapon that may be on display is the Hwasong-18 ICBM, a solid-fueled, nuclear-capable missile that North Korea claims could hit anywhere in the United States.

Persons: Kim Jong Un, Sergei Shoigu –, Kang Sun Nam, Shoigu, Li Hongzhong, Kim Song Nam, North Korea “, ” Ankit Panda, Stanton, ” Panda, Blake Herzinger, “ It’s, ” Herzinger, Sergei Shoigu, Pyongyang’s, Camp Humphreys, Xi Jinping, Panda, Vladimir Putin, Xi, Putin, Wagner Organizations: South Korea CNN —, Russian, North Korean Defense, Korean Central News Agency, Korean People’s Army, North Korean, Nuclear, Carnegie Endowment, International Peace, United States Studies Center, Russian Defense, United Nations Command, Beijing, Aid, UN Command, Army, US, Chinese Communist Party, UN Security Council, Foreign Ministry, US Navy Locations: Seoul, South Korea, Russia, China, North, Pyongyang, Ukraine, North Korea, Moscow, Australia, North Korean, United States, Aid Korea, Soviet Union, Pyeongtaek, Beijing, Soviet, Russian, Iran, Korea, Moscow’s, Japan

Search resuls for: "of Seoul"

25 mentions found