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☆ Mixing old and new, Gucci hosts show in 14th century Seoul palace
▼ + stars: | 2023-05-16 | by ( Ju-Min Park | ) www.reuters.com time to read: +2 min

SEOUL, May 16 (Reuters) - With sparkling lights and beating drums, Italian luxury label Gucci took over a 14th century Seoul Palace on Tuesday to showcase its cruise collection, blending Korean heritage and modern fashion. The show, featuring the soundtrack of Oscar-winning South Korean movie "Parasite" during its finale, was the first of its kind to take place within the palace's courtyard. The Gucci cruise show follows a Louis Vuitton pre-fall fashion show on a Seoul bridge in April. Built in 1395, the Gyeongbokgung palace served as the main royal palace of Korea's Joseon dynasty. The South Korean national treasure became the latest iconic landmark chosen by Gucci to showcase its collection.

☆ An explosive new lawsuit claims TikTok's owner built a 'backdoor' the CCP could exploit
▼ + stars: | 2023-05-15 | by ( Dan Whateley | Ashley Rodriguez | ) www.businessinsider.com time to read: +4 min

ByteDance allowed a Chinese Communist Party unit to censor content and access data, a new lawsuit alleges. ByteDance built a "backdoor channel" to enable CCP access to US user data, the suit alleges. An explosive new lawsuit claims TikTok owner ByteDance built a "backdoor channel" in its code that allowed Chinese Communist Party members access to user data hosted in the US. Yu is a former engineering lead for ByteDance in the US who worked at the company between 2017 and 2018. The complaint alleges the "Committee continued to have access" to US user data even after ByteDance walled off access for individual engineers in China.

☆ Ex-ByteDance employee claims company stole content from competitors in earlier days
▼ + stars: | 2023-05-13 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +4 min

New York CNN —An ex-ByteDance employee claimed he was wrongfully terminated after raising concerns about what he believed were illegal practices by the company, such as allegedly stealing content from its competitors Snapchat and Instagram. “The Committee maintained supreme access to all the company data, even data stored in the United States,” the complaint obtained by the New York Times said. Yu claimed that shortly after starting his job, he realized ByteDance had been embroiled in a “worldwide scheme” to steal from the app’s competitors such as Instagram and Snapchat. Painting a picture of the company’s early days in 2018, he claimed ByteDance would take videos from its competitors and use them to populate its own video services. “We plan to vigorously oppose what we believe are baseless claims and allegations in this complaint,” the spokesperson said.

☆ MLB roundup: Cards' Willson Contreras stars in return to Chicago
▼ + stars: | 2023-05-09 | by ( ) www.reuters.com time to read: +7 min

[1/5] May 8, 2023; Chicago, Illinois, USA; St. Louis Cardinals catcher Willson Contreras (40) celebrates team's win against the Chicago Cubs at Wrigley Field. Colorado starter Kyle Freeland (3-4) gave up two runs and seven hits in seven innings, with four strikeouts and three walks. Cease went five-plus innings, allowing seven runs on nine hits while walking one and striking out six. Miami's Braxton Garrett (1-2) was charged with four runs and seven hits over 5 1/3 innings. San Francisco starter Anthony DeSclafani (3-2) got through seven innings, allowing five runs on 10 hits.

Last year the former leader of Yoon’s party hit out at what he said was the “evil influence” YouTube channels. “After President Yoon Suk Yeol came to power, there have been many cases where the presidential office filed complaints to the media,” Jung said. It has since consistently ranked top in terms of real-time daily viewership on YouTube in South Korea. To Professor Jung, it’s a success that demonstrates “voices cannot be silenced.”Kim, meanwhile, hopes to build a show with as much recognition as any on traditional media. “I will create a type of press that has not yet existed on YouTube,” Kim said.

☆ MLB roundup: Dodgers stun Phillies on walk-off slam
▼ + stars: | 2023-05-04 | by ( ) www.reuters.com time to read: +13 min

Brandon Drury also hit a homer for the Angels, who won for the sixth time in their last eight games. Starter Seth Lugo (3-2) held the Reds to one run on seven hits over six innings to earn the win. Pfaadt, a touted pitching prospect, went 4 2/3 innings and allowed nine hits -- four of which were home runs -- and seven runs. Texas starter Andrew Heaney allowed six runs on four hits in 4 2/3 innings, with four walks and five strikeouts. Losing pitcher Eric Lauer (3-3) allowed four runs -- all unearned -- on four hits and struck out six in 4 2/3 innings.

☆ Goldman Sachs is making a slew of leadership changes in its investment bank. See the key moves here.
▼ + stars: | 2023-05-03 | by ( Carter Johnson | ) www.businessinsider.com time to read: +3 min

Goldman has internally announced a slew of leadership changes in its investment bank. Goldman's Aasem Khalil will take on Posnett's role as global head of investment banking services. A fresh face will now lead one of Wall Street's most powerful investment banking groups. She ultimately served as co-COO of TMT and head of Internet investment banking before being appointed head of investment banking services. Succeeding Posnett as head of global investment banking services is Aasem Khalil, a Goldman partner and 26-year veteran of the Wall Street bank.

☆ 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

☆ Why Are More Men Getting Perms?
▼ + stars: | 2023-04-29 | by ( Wilson Wong | ) www.nytimes.com time to read: +2 min

Tyler Jung, 26, an analyst in New York City, said there were only two types of people in the world: those who understand the hairstyle and those who do not. For a little more money, a person can choose what’s known as a down perm, which relaxes and flattens stubborn strands that stick out, creating a smoother appearance. In the early 1900s, Garrett Morgan, a trailblazer for Black inventors, discovered an effective hair straightener, or what’s better known today as a relaxer. Instead of creating coils, this chemical treatment straightens tendrils. Though relaxers have historically been used among Black people and other communities who have natural curls, treatment and applications to accentuate these curls have contributed to some of the most iconic hairstyles for Black men.

☆ Why is the US sending a nuclear submarine to South Korea?
▼ + stars: | 2023-04-27 | by ( Brad Lendon | ) edition.cnn.com time to read: +6 min

Seoul, South Korea CNN —When the presidents of the United States and South Korea this week announced a landmark deal to deter North Korean aggression, one element of the pact stood out. Here’s what you need to know about the submarine and why it’s heading to South Korea. The Nuclear Threat Initiative at the James Martin Center for Nonproliferation Studies estimates that each Trident missile can carry four nuclear warheads, meaning each US ballistic missile submarine could be carrying about 80 nuclear warheads. One arriving in South Korea on a port visit – which must be arranged 24 to 48 hours in advance – would be far more visible, giving North Korea an advantage, Schuster said. Kim’s threats have prompted some in South Korea to call for Seoul to become a nuclear-armed power itself.

☆ ‘Fatal Attraction’ Review: Here’s Why She Did It
▼ + stars: | 2023-04-26 | by ( Mike Hale | ) www.nytimes.com time to read: +3 min

So Alexandra Cunningham (“Dirty John,” “Desperate Housewives”) and Kevin J. Hynes (“Perry Mason”), working with the film’s writer, James Dearden, have reimagined “Fatal Attraction” in myriad ways, none of which are erotic and few of which are thrilling. Dan is up for parole because in this new universe, he has served 15 years for the murder of his stalker, Alex Forrest (Lizzy Caplan). The temporal shifts also serve to educate both Dan and the audience about the noxious privilege and entitlement that precipitated his downfall. But apparently converting “Fatal Attraction” into a reasonably diverting crime drama wasn’t enough to remove the stain of the original. Ellen’s research leads her to reassess the behavior of her father’s murdered nemesis, and the greatest labor this “Fatal Attraction” takes on is its effort to turn Alex into an understandable, even sympathetic, character.

☆ MLB roundup: Braves' Spencer Strider flirts with no-no vs. Marlins
▼ + stars: | 2023-04-25 | by ( ) www.reuters.com time to read: +8 min

He has pitched 16 consecutive scoreless innings and has allowed three hits during that span. Joe Jimenez pitched a scoreless ninth inning to finish the game. Yennier Cano pitched a scoreless ninth inning for his first career save. Three relievers completed the Blue Jays' three-hitter, with Jordan Romano earning his eighth save by tossing a 1-2-3 ninth inning. Alex Lange fanned two in a perfect ninth inning for his second save.

☆ North Korea criticises G7 over call for denuclearisation
▼ + stars: | 2023-04-20 | by ( Hyonhee Shin | ) www.reuters.com time to read: +2 min

The quoted remarks by North Korean Foreign Minister Choe Son Hui came in a statement criticising the United States and other Group of Seven countries. Tension has flared in recent weeks as North Korea has ramped up military activities, and threatened "more practical and offensive" action as U.S. and South Korean forces conduct annual springtime military exercises. North Korea has been reacting furiously to those exercises, calling them a rehearsal for "an all-out, nuclear war." Choe accused the G7 countries of illegally interfering in North Korea's internal affairs by demanding denuclearisation, saying Pyongyang would respond if they attempt to violate its sovereignty and fundamental interests. "North Korea will never get what it wants through nuclear and missile development, and it will only become more isolated from the international community," ministry deputy spokesperson Lee Hyo-jung told a briefing.

☆ K-pop star and BTS member J-Hope starts mandatory military service
▼ + stars: | 2023-04-18 | by ( ) www.reuters.com time to read: +1 min

SEOUL, April 18 (Reuters) - J-Hope, a member of Grammy-nominated K-pop boy band BTS, began his mandatory military service in South Korea on Tuesday, the second member of the group to do so. REUTERS/Jeenah MoonJ-Hope, 29, is the second member of the popular septet to enlist following Jin, the oldest, who joined the military in December. All able-bodied men in South Korea between the ages of 18 and 28 must serve in the military for 18 to 21 months. The military enlistment of BTS members has drawn attention from not just fans but also politicians in South Korea. Some lawmakers floated the idea of granting the hit group an exemption from mandatory military service to allow them to continue to perform instead.

☆ South Korean Actress Is Found Dead at 26
▼ + stars: | 2023-04-13 | by ( Jin Yu Young | ) www.nytimes.com time to read: +1 min

A young South Korean actress still early in a promising career was found dead in her home on Tuesday, according to the production company she had been working with. Although no cause of death was disclosed, the episode has renewed concerns about the mental health of young people working in South Korea’s highly competitive entertainment industry. The actress, Jung Chae-yull, 26, is the most recent instance of the phenomenon of celebrities in their 20s dying suddenly. “Actress Chae-yull has left our side on April 11, 2023,” Management S, Ms. Jung’s agency in Seoul, said in a statement on Tuesday. Both Ms. Song and Ms. Jung’s careers had begun only a few years before they died.

☆ Interest rate cuts in South Korea would be a 'premature' move for now, economist says
▼ + stars: | 2023-04-11 | 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 EmailInterest rate cuts in South Korea would be a 'premature' move for now, economist saysSung Eun Jung of Oxford Economics says "an extended pause in the rate cycle seems to be the most likely outcome."

☆ MLB roundup: Kodai Senga shines in debut as Mets down Marlins
▼ + stars: | 2023-04-03 | by ( ) www.reuters.com time to read: +12 min

[1/2] Apr 2, 2023; Miami, Florida, USA; New York Mets starting pitcher Kodai Senga (34) pitches against the Miami Marlins in the first inning at loanDepot Park. /Rhona Wise-USA TODAY SportsApril 3 - Right-hander Kodai Senga struck out eight batters in his major league debut, leading the New York Mets to a 5-1 win over the host Miami Marlins on Sunday afternoon. Marlins starter Trevor Rogers (0-1) lasted just 4 1/3 innings, allowing four hits, two walks and four runs, three earned. He allowed one run on three hits while walking two and striking out six in his first start of the season. Two of Houck's five hits allowed were home runs by Baltimore's Adam Frazier (3-for-4, two RBIs, two runs) and Cedric Mullins (2-for-5, run, three RBIs).

☆ SK Hynix to seek further exemption from US chip curbs against China -CEO
▼ + stars: | 2023-03-29 | by ( ) www.reuters.com time to read: +2 min

SEOUL, March 29 (Reuters) - South Korea's SK Hynix Inc (000660.KS) will ask the United States for a year's further exemption from chip curbs against China, the chief executive of the world's No. In October last year, SK Hynix said it had received authorisation from the U.S. commerce department for a year to supply equipment needed for chip production in facilities in China, without seeking additional licensing requirements. The United States announced curbs on exports of chip-making equipment to China, requiring licenses for U.S. companies to export advanced chips and chip-making equipment in a bid to slow China's technological advance. On Wednesday, the company it would pursue previously announced plans to build an advanced chip packaging plant in the United States as the review process ends. Reporting by Hyunsu Yim; Additional Reporting by Heekyong Yang; Editing by Clarence FernandezOur Standards: The Thomson Reuters Trust Principles.

☆ Asian Americans are anxious about hate crimes. TikTok ban rhetoric isn’t helping
▼ + stars: | 2023-03-26 | by ( Brian Fung | ) edition.cnn.com time to read: +15 min

And the Chinese government’s authoritarian approach to numerous other issues clashes with important American values, said many Asian Americans interviewed for this article. Concerns about China have gone mainstream as US national security officials and lawmakers have publicly grappled with state-backed ransomware attacks and other hacking attempts. People rallied during a "Stop Asian Hate" march to protest against anti-Asian hate crimes on Foley Square in New York, on April 4, 2021. But to Chu, the incident was an example of the way politics surrounding China, technology and national security have fueled anti-Asian sentiment. “Asian American issues are American issues, and all Americans deserve to be treated with respect.

☆ North Korea claims it can unleash a 'super-scale radioactive tsunami' with an underwater drone that detonates near ships or ports
▼ + stars: | 2023-03-24 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

North Korea claims it tested an underwater drone that can create a radioactive tsunami. It was designed to strike both naval assets and coastal targets, North Korean state media outlet KCNA reported. Friday's announcement was the first time that North Korea has publicly mentioned such a weapon. North Korea has in the last year aggressively ramped up its testing of long-range and intercontinental ballistic missiles. These tests have often been framed as a response to the US and South Korea for North Korea says is unprovoked aggression.

"If this solution hadn't worked, Credit Suisse (CSGN.S) would have failed, with extreme consequences for Switzerland but also the global economy," he told a press conference. The SNB Chairman said it was vital for UBS's takeover of the 167-year-old Credit Suisse to go through as smoothly as possible in order to maintain financial stability. [1/2] The Swiss National Bank (SNB) building is seen near the Limmat river in Zurich, Switzerland March 23, 2023. The Bank of England is expected to increase its interest rate by a quarter percentage point later on Thursday. "Without today's policy rate increase, the inflation forecast would be even higher over the medium term," the central bank said.

March 20 (Reuters) - U.S. scientific instruments maker Thermo Fisher Scientific Inc (TMO.N) and South Korea's Celltrion Inc (068270.KS) are among those competing to acquire the biopharma solutions business of medical device maker Baxter International Inc (BAX.N), according to people familiar with the matter. Baxter, which has a market value of $19 billion, had total debt of $16.6 billion as of the end of December. Private equity firms, including KKR & Co (KKR.N) and Carlyle Group (CG.O), have also expressed interest in the Baxter business, the sources said. Baxter said in January it was exploring alternatives for its biopharma solutions business and would also spin off its kidney care units. Baxter's biopharma solutions unit supports drugmakers in the formulation, development and commercialization of drugs typically given by infusion or injection, such as biologics and vaccines.

☆ Spring training roundup: Max Fried stays unbeaten, Braves blank Twins
▼ + stars: | 2023-03-20 | by ( ) www.reuters.com time to read: +7 min

Ozuna's home run -- his first of the spring -- came in the third inning and completed the scoring. Twins starter Kenta Maeda (0-1) gave up five runs (all earned) and five hits in four innings. For the Blue Jays, starter Alek Manoah (1-2) gave up one run and five hits in six innings. Rockies 7, Royals (split squad) 0 (six innings)German Marquez tossed five shutout innings as visiting Colorado blanked Kansas City in Las Vegas. Elehuris Montero and Michael Toglia went deep for the Rockies, while Matt Beaty doubled for the Royals' only extra-base hit.

☆ 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.

The South Korean government was this week forced to rethink a plan that would have raised its cap on working hours to 69 per week, up from the current limit of 52, after sparking a backlash among Millennials and Generation Z workers. South Korean President Yoon Suk Yeol’s senior secretary said Wednesday the government would take a new “direction” after listening to public opinion and said it was committed to protecting the rights and interests of Millennial, Generation Z and non-union workers. “My own father works excessively every week and there is no boundary between work and life,” he said. South Korean people will (remain) vulnerable to deadly overtime work.”Pedestrians in downtown Seoul. Even when the limit was cut to 52 hours, cases of “gwarosa” continued to make the headlines.

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