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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

☆ 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

☆ A dissident who mocked Xi Jinping online fled China on a jet ski, crossing 180 miles of sea to reach South Korea
▼ + stars: | 2023-08-23 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +3 min

He used a jet ski and a compass to get to the South Korean city of Incheon, per AFP. "He refilled the petrol on the ride and dumped the empty barrels into the sea," said the Korea Coast Guard on Tuesday, according to AFP. Kwon is now considering whether to apply for refugee status in South Korea, which only grants asylum to only a limited number of refugees each year. "While his means of entry into South Korea in violation of the law was wrong, surveillance of the Chinese authorities and political persecution of Kwon since 2016 are behind his life-risking crossing into South Korea," Lee told the news agency. The Incheon Korea Coast Guard Station was unable to be reached for comment because it was outside of office hours.

Persons: Xi Jinping, Kwon Pyong, Xi, Lee Dae, Kwon, Lee Organizations: AFP, Service, Agence France, Presse, Dialogue China, Korea Coast Guard, South Korea Korea Coast Guard, Coast Guard, Incheon Korea Coast Guard Locations: China, Korean, Incheon, Wall, Silicon, South Korea, Shandong, AFP, South

Seoul, South Korea CNN —A jet ski rider detained by South Korea for allegedly entering the country illegally is a prominent Chinese dissident who rode hundreds of miles across the sea to escape from China, activists say. The man, who is in his 30s, was apprehended August 16 near Incheon, on South Korea’s west coast near to the capital Seoul, the Incheon Coast Guard said in a news release Sunday. He is suspected of traveling from China’s eastern Shandong province, which lies about 400 kilometers (250 miles) across the Yellow Sea from Incheon. Upon arrival in South Korea, he got stuck on the muddy shore and had to call an emergency line for help, the release said. Lee Dae-seon, an activist working with Dialogue China and based in South Korea, said Kwon had been sentenced to jail and released in March 2019.

Persons: Kwon Pyong, Kwon, Xi Jinping, “, ”, Lee Dae, Lee, “ Kwon, ” Lee Organizations: South Korea CNN, South, Incheon Coast Guard, CNN, Iowa State University, House, Freedom, Dialogue Locations: Seoul, South Korea, China, Incheon, South Korea’s, Shandong, United States, Dialogue China

☆ Latin Americans fall prey to more online scams as cybersecurity lags
▼ + stars: | 2023-08-15 | by ( Carolina Pulice | ) www.reuters.com time to read: +4 min

Online scams in Brazil jumped 65% last year to over 200,000, according to data from the Brazilian Public Security Yearbook published last month. And across Latin America, online frauds and cyberattacks are at an "all-time high," says cybersecurity company Tenable, posing an urgent problem for a well-connected region. "Latin America is a priority target because it has a very connected population, which means that they are always exposed," said Claudio Martinelli, managing director for Latin America for Kaspersky. In a ranking of 93 countries on cyberthreat risks compiled by fraud prevention software SEON, nine of the 10 Latin American countries were ranked in the bottom half. Three Latin American countries - Honduras, Nicaragua and Venezuela - were seen among the 10 countries with the highest risks for cyberthreats.

Persons: Dado Ruvic, Gabriella Batalha didn't, Batalha, Kerry, Ann Barrett, Barrett, Claudio Martinelli, SEON, Tenable, Ransomware, Marcos Simplicio, Carolina Pulice, Brendan O'Boyle, Nick Macfie Organizations: REUTERS, MEXICO CITY, YouTube, Brazilian Public Security, International Telecommunication Union, Organization of American States, America, Kaspersky, Costa, University of Sao, Thomson Locations: MEXICO, Instagram, Rio de Janeiro, Brazil, America, Latin America, Caribbean, Peru, Mexico, Honduras, Nicaragua, Venezuela, University of Sao Paulo

☆ SEON CEO discusses acquisition and IPO plans
▼ + stars: | 2023-08-02 | 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 EmailSEON CEO discusses acquisition and IPO plansTamas Kadar, CEO of Budapest-based fraud prevention fintech SEON, discusses the company's consolidation strategy and long-term aims.

Persons: Tamas Kadar, fintech SEON Locations: Budapest

☆ S.Korea financial watchdog gathers securities firms to manage real estate risks
▼ + stars: | 2023-07-20 | by ( ) www.reuters.com time to read: +1 min

SEOUL, July 20 (Reuters) - South Korea's financial market watchdog gathered local securities firms on Thursday to assess real estate-related risks and urged for thorough and preemptive preparation against them amid concerns the number of overdue loans could rise. Earlier this month, a local credit union was hit by customer withdrawals after media reports about a rise in its non-performing loans related to real estate projects, sparking worries about a liquidity shortage at the union and other financial institutions. "The amount of overdue real estate project financing at securities firms is currently judged to be at a tolerable level, but I request for thorough and preemptive preparation, with the worst case scenario in mind, to prevent any trouble," Deputy Governor Hwang Seon-oh said at the meeting. Hwang met with chief risk officers and investment banking executives from 10 securities firms, who shared the authorities' view on real estate-related risks and agreed to implement risk management measures, according to the statement. Authorities will now step up monitoring of securities firms' exposure to real estate projects to prevent any liquidity risks and engage intensively with those of high vulnerability, the FSS said.

Persons: Hwang Seon, Hwang, Jihoon Lee, Jamie Freed Organizations: Financial Supervisory Service, Thomson Locations: SEOUL

☆ 2023 Women’s World Cup: South Korea’s Park Eun-seon almost quit soccer after gender controversy
▼ + stars: | 2023-07-05 | by ( Gawon Bae | ) edition.cnn.com time to read: +8 min

Park playing against Brazil in the 2003 Women's World Cup. The striker is now set to star for South Korea at the 2023 Women's World Cup in Australia and New Zealand. “Personally, I want to keep her like a flower in a greenhouse until the World Cup,” Bell said in April, hinting at a possible World Cup call-up for the 36-year-old striker this summer that has now been confirmed. ‘I scored a goal in the World Cup!’ I want this to be an opportunity where I can make this come true,” she said of her World Cup hopes. The 16-year-old was born in the US and, according to Reuters, is the first player of mixed heritage to be selected for a Korean World Cup squad.

Persons: –, ”, “, Al Messerschmidt, Jeon, Park, Lee Jin, ” Jeon, Colin Bell, Bell, Kim Jung, ” Bell, ‘, Casey Phair Organizations: CNN, CNN Sport, Changdeok Girls, Seoul Football Association, South, Brazil, Young, – Seoul, Amazones, Korean, Human Rights, Seoul Sport, Korea Women’s Football Federation, Seoul City Amazones, WK League, Rossiyanska, Devils, Zambia, “, Korea Football Federation, Columbia Locations: “, Swedish, South Korean, France, Norway, Korean, Seoul, South Korea, Australia, New Zealand, Russian, Canada

☆ In recent years, investors have poured billions into the burgeoning region of central and eastern Europe. Here's why they're so excited about this startup hotbed.
▼ + stars: | 2022-12-30 | by ( Stephanie Palazzolo | ) www.businessinsider.com time to read: +4 min

VCs have flocked to central and eastern European startups for their efficiency and technical talent. Central and eastern Europe includes countries like the Czech Republic, Hungary, Slovenia, Romania, Russia, and Ukraine, according to the World Atlas. The promise of central and eastern Europe starts with a surplus of strong engineering talent, Vaswani said. "Eastern Europe is the former Communist Bloc, and during communism, one of the dangerous things for the communist regimes were humanistic subjects," Bartos said. Additionally, central and eastern European startups are often more capital-efficient due to lower personnel and living costs, an advantage that founders like Jendruszak have leveraged firsthand.

☆ Shinhan Financial’s U.S. Unit Ordered to Beef Up Money Laundering Oversight
▼ + stars: | 2022-11-25 | by ( Richard Vanderford | ) www.wsj.com time to read: +3 min

Shinhan Bank America neither admitted nor denied any allegations of unsound banking practices or violations of the law, the order, which was issued with Shinhan Bank America’s consent, said. Newsletter Sign-up WSJ | Risk and Compliance Journal Our Morning Risk Report features insights and news on governance, risk and compliance. PREVIEWShinhan Bank America operates 15 branches in the U.S., mostly in places with relatively large Korean populations, including New York, California, Texas and Georgia. The FDIC also ordered Shinhan Bank America to adopt an effective training program to educate its staff on AML policies and to validate its suspicious-activity monitoring system. Mr. Song in his lawsuit said the then-chief executive of Shinhan Bank America demanded that he alter an internal audit report’s conclusion that Shinhan Bank America had an unsatisfactory AML program.

☆ 'We will see spectacular failures': CEOs and investors on what the end of cheap money means for tech
▼ + stars: | 2022-11-15 | by ( Ryan Browne | ) www.cnbc.com time to read: +4 min

Horacio Villalobos | Getty ImagesLISBON, Portugal — Once high-flying tech unicorns are now having their wings clipped as the era of easy money comes to an end. Rising cost of capitalPrivate tech company valuations are under immense pressure amid rising interest rates, high inflation and the prospect of a global economic downturn. "What we've seen in the last few years was a cost of money that was 0," Pousaz said. Pousaz said investors are yet to find a "floor" for determining how much the cost of capital will rise. 'An entire industry got ahead of its skis'A common topic of conversation at Web Summit was the relentless wave of layoffs hitting major tech companies.

☆ „Chirurgii-fantomă”; Medici fără licență sunt lăsați să facă operații estetice în Coreea de Sud
▼ + stars: | 2021-04-11 | by ( ) www.jurnal.md time to read: +6 min

Sursa foto: GettyImages„Chirurgii-fantomă”; Medici fără licență sunt lăsați să facă operații estetice în Coreea de SudUn fenomen ia amploare în Coreea de Sud: „chirurgii-fantomă”. Sunt persoane fără drept de practică, dar care fac operații estetice în clinici specializate în locul adevăraților medici. Dar când a ajuns la spital, Kwon a aflat că fratele lui, în vârstă de 24 de ani, e în comă. În cele din urmă, tânărul a fost transferat la un spital din Seul, unde a murit. În ciuda morții lui Kwon, clinica a rămas deschisă și a continuat să își facă reclamă că niciun pacient nu a avut neplăceri în ultimii 14 ani.

Persons: Medici, CNN, Kwon, Kwon Dae, hee, Lee, plastician, Kim, plasticieni, El, Medicul Organizations: Ministerului Sănătății, Sociale Locations: Coreea de Sud, generaliști, coreene, Seul

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