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[1/2] South Korean President Moon Jae-in and first lady Kim Jung-sook hold puppies born from a hunting dog gifted from North Korea, in Seoul, South Korea November 25, 2018 in this image obtained November 27, 2018 from South Korean Presidential Office/Handout/via REUTERSSEOUL, Nov 7 (Reuters) - South Korea's former President Moon Jae-in said on Monday he plans to give up a pair of dogs sent by North Korean leader Kim Jong Un as a gift following their 2018 summit, citing a lack of support from his successor. The dogs are legally categorised as state property belonging to the presidential archives, but Moon's office said he was entrusted as their caretaker under consultations with the archives and the interior ministry, an unprecedented decision. But that effort fell apart due to "unexplained opposition" from the administration of incumbent President Yoon Suk-yeol, Moon's office said. "The presidential office seems to be negative toward entrusting the management of the Pungsan dogs to former President Moon," Moon's office said on Facebook. The interior ministry, which oversees the presidential archives, did not immediately respond to requests for comment.
Hours later, 30-year-old Jung Joo-hee was among 156 people, most of them in their teens and twenties, killed in the South Korean capital while celebrating Halloween free of COVID restrictions for the first time in three years. Mum and dad will come see you," Jung Hae-moon said as the family stood by, together with his daughter's pet poodle. It was impossible, I couldn't believe it," Lim's father said at a funeral home as he and his family observed funeral rites. "She was so creative and pretty," the man said, adding that he had often strolled with his daughter through Itaewon. They wonder why their children were celebrating Halloween in the first place, a totally foreign concept for older Koreans.
Jay Y. Lee Formally Becomes Samsung’s Leader
  + stars: | 2022-10-27 | by ( Jiyoung Sohn | ) www.wsj.com   time to read: 1 min
Jay Y. Lee had been serving as the de facto head of Samsung. SEOUL— Samsung Electronics Co. has officially appointed Lee Jae-yong as executive chairman, an elevation in title that formalizes the all-encompassing role he has played for years at South Korea’s largest business conglomerate. The 54-year-old Mr. Lee—who goes by Jay Y. Lee in the West—had previously held the title of Samsung Electronics vice chairman. He takes over a position previously held by his father, Lee Kun-hee, who died two years ago and had been incapacitated after a 2014 heart attack.
Jay Y. Lee had been serving as the de facto head of Samsung. SEOUL— Samsung Electronics Co. officially appointed Lee Jae-yong as its executive chairman, formalizing the all-encompassing leadership role he has long played at South Korea’s largest business conglomerate. The 54-year-old Mr. Lee—who goes by Jay Y. Lee in the West—had previously held the title of Samsung Electronics vice chairman. He takes over a position previously held by his father, Lee Kun-hee, who died two years ago after being incapacitated by a 2014 heart attack.
Samsung Electronics names Jay Y. Lee executive chairman
  + stars: | 2022-10-27 | by ( ) www.cnbc.com   time to read: +1 min
Samsung Electronics' de facto leader Lee Jae-yong during U.S. President Joe Biden's visit on May 20, 2022 in Pyeongtaek, South Korea. Samsung Electronics ' de facto leader Jay Y. Lee was named executive chairman on Thursday, a symbolic move confirming that South Korea's most valuable company will be officially run by the third generation of its founding family. The change reflects a role Lee, 54, has held since his father, the late patriarch and Samsung Group chairman Lee Kun-hee, was hospitalized in 2014, analysts said. Lee has been vice chairman of Samsung Electronics, the crown jewel of South Korea's biggest business conglomerate, since 2012. "The Board cited the current uncertain global business environment and the pressing need for stronger accountability and business stability in approving the recommendation," Samsung said in a statement.
The North said South Korea had resumed using propaganda loudspeakers at the border in violation of the agreement. For now, South Korea says it is not calling the CMA off, but is urging North Korea to abide by its measures. North Korea has also not officially abrogated the deal, and the South's ministry of defence told Reuters that inter-Korean military hotlines are operating. This year South Korea and its U.S. allies have responded to a record number of North Korean missile tests with stepped up military drills. Those have been met with more tests and drills from North Korea, including rare warplane sorties near the border.
Hong Kong/Seoul CNN Business —Samsung has appointed Jay Y. Lee, its longtime de facto leader, as executive chairman. It comes just months after Lee, the scion of one of South Korea’s most powerful families, was pardoned for crimes including embezzlement and bribery. The pardon ended a five-year ban on Lee holding a formal position at Samsung. It said revenue had reached 76.8 trillion won (nearly $54 billion) in the third quarter, despite “a challenging business environment,” and still forecast its full-year revenue to surpass that of 2021. Samsung shares ticked up nearly 1% in Seoul on Thursday following the announcements.
As the midterms loom, one key House race in California is drawing significant attention both to Asian Americans in the district, and from them. The race features a rare matchup between two Asian Americans, and the result hinges on Asian Americans, who make up about a third of the district’s voters. “I think here, we’re seeing a wake-up call,” Connie Chung Joe, chief executive of Asian Americans Advancing Justice Southern California, told NBC News. Within the electorate, almost half are of Vietnamese descent, one of the few Asian American groups that tends to lean right. It’s something, Joe said, that white candidates, for example, can “take for granted.”But Wong added that accusing another Asian American candidate of being disloyal “hurts the whole Asian American community.”As fiery as the race has been, it’s also reflective of a political maturation within the Asian American community, experts say.
South Korean President Yoon Suk-yeol leaves after speaking on the government budget at the National Assembly in Seoul, South Korea, 25 October 2022. JEON HEON-KYUN/Pool via REUTERSSEOUL, Oct 25 (Reuters) - South Korea's opposition lawmakers boycotted President Yoon Suk-yeol's first budget speech to parliament on Tuesday to protest against a criminal probe surrounding the opposition leader, in an escalating battle of wills that could complicate deliberations. They demanded an apology, while threatening to boycott the budget speech. Yoon refused, saying on Monday that attaching any conditions to attendance at his speech would be "unprecedented in our constitutional history". Yoon's Tuesday speech called for swift passage of the budget with bipartisan support, to ease households' economic hardship and improve people's livelihoods.
"The impact of the Inflation Reduction Act on Hyundai's EV sales in the U.S. market seems inevitable as EV incentives are the key factor to U.S. EV shoppers," Lee Jae-il, an analyst at Eugene Investment & Securities. In a mixed outlook, Hyundai raised on Monday its full-year revenue growth forecast range by six percentage points to 19-20% from its previous estimate in January. Reuters GraphicsThe provision, announced last week, amounted to more than half of estimated third-quarter net profit of 2.4 trillion won drawn from 17 analysts. Revenue for the quarter jumped 31% to 37.7 trillion won, above the 36 trillion won analysts had expected. But overall vehicle supply remains tight globally due to the chip shortage and COVID-related restrictions.
SEOUL, Oct 22 (Reuters) - A South Korean court on Saturday issued arrest warrants for a former defence minister and a former coast guard chief over their alleged mishandling of the death of a state fishery ministry employee at the hands of North Korean troops two years ago. Register now for FREE unlimited access to Reuters.com RegisterThe two face charges that include dereliction of duty, abuse of power, forging official documents, and covering up and distorting facts in the case. Lee's death has become a sensitive issue in South Korea, in part because of the fight by his brother to clear his name. The previous administration of President Moon Jae-in had portrayed his death as a failed defection attempt due to his gambling debts, mental health issues and an unhappy life. Register now for FREE unlimited access to Reuters.com RegisterReporting by Joori Roh; Editing by Sandra MalerOur Standards: The Thomson Reuters Trust Principles.
REUTERS/Kim Hong-JiSEOUL, Oct 20 (Reuters) - An investigation by the government of South Korean President Yoon Suk-yeol is raising fresh questions about the death of a South Korean official in 2020, which the previous administration wrote off as a failed defection attempt. Prosecutors on Tuesday filed for arrest warrants against a former defence minister and the former coast guard chief. The parliamentary report concludes that the coast guard and navy violated rules during their initial rescue efforts by failing to seek help from other vessels and authorities nearby. In June 2022, the coast guard apologised for "causing confusion", and its chief and eight other senior officials resigned. Prosecutors have raided a presidential archive and the offices and homes of two former intelligence chiefs, a former defence minister and the resigned coast guard head.
CNN —An increase in infections with a rare flesh-eating bacteria was reported in Florida in the days after Hurricane Ian due to catastrophic flooding from the storm. Ian made landfall as a Category 4 storm on September 28 in Lee County, which includes Fort Myers and Sanibel Island in Southwest Florida. The Florida Department of Health in Lee County warned residents of the risks of Vibrio vulnificus on October 3. “DOH-Lee is observing an abnormal increase in cases of Vibrio vulnificus infections as a result of exposure to the flood waters and standing waters following Hurricane Ian. Since September 29, 2022, 26 cases of Vibrio vulnificus associated with Hurricane Ian have been reported to DOH-Lee.
SEOUL, South Korea — North Korea early Friday launched a short-range ballistic missile toward its eastern waters and flew warplanes near the border with South Korea, further raising animosities triggered by the North’s recent barrage of weapons tests. “Whatever the intentions are, North Korea’s repeated ballistic missile launches are absolutely impermissible and we cannot overlook its substantial advancement of missile technology,” Hamada said. A similar incident took place last week, but it was still uncommon for North Korea to fly its warplanes near the border. North Korea’s military early Friday accused South Korea of carrying out artillery fire for about 10 hours near the border. The North Korean military said it took unspecified “strong military countermeasures” in response.
In an interview with the Los Angeles Times, Monae said she uses both she/her and they/them pronouns. Jerrod CarmichaelJerrod Carmichael accepts Outstanding Writing for "Jerrod Carmichael: Rothaniel" at the 74th Primetime Emmys in Los Angeles, on Sept. 12, 2022. Charlee CorraCharlee Corra speaks at Human Rights Campaign dinner on March 12, 2022 in Los Angeles. Ellia GreenEllia Green, right, with his partner Vanessa Turnbull-Roberts and their daughter in Sydney, Australia, on Aug. 15, 2022. Blair came out publicly this year after serving as a consultant for Amazon Prime’s very queer TV reboot of the decades-old film.
Battling Internationals split foursomes with U.S.
  + stars: | 2022-09-24 | by ( Steve Keating | ) www.reuters.com   time to read: +3 min
Sep 24, 2022; Charlotte, North Carolina, USA; Team USA golfer Collin Morikawa hits his tee shot on the 10th hole during the foursomes match play of the Presidents Cup golf tournament at Quail Hollow Club. The U.S. have dominated the biennial competition with an 11-1-1 record and started the day with an 8-2 lead and in position to register a Presidents Cup first - clinching the Cup on Saturday. With two sessions scheduled for a marathon day (foursomes and fourballs) the Americans had targeted the 15 1/2 total points needed to claim the title for a 12th time and extend their unbeaten run on home soil. The Internationals got another point when the South Korean pair of K.H. Register now for FREE unlimited access to Reuters.com RegisterReporting by Steve Keating in Charlotte.
Sep 23, 2022; Charlotte, North Carolina, USA; Team USA golfer Xander Schauffele hits his bunker shot on the eighth hole during the four-ball match play of the Presidents Cup golf tournament at Quail Hollow Club. Mandatory Credit: Peter Casey-USA TODAY SportsCHARLOTTE, N.C., Sept 23 (Reuters) - International captain Trevor Immelman vowed his men would fight to the final bell in the Presidents Cup but they were outclassed on Friday by the United States who dominated the fourballs by taking four of five points. Also earning a point for the U.S. were the stellar partnership of world numbers four and five Patrick Cantlay and Xander Schauffele, who hammered the Internationals most experience pair of Scott and Hideki Matsuyama 6&5 in foursomes. Kevin Kisner and Cameron Young also secured a half point for the U.S. as their match with Chile's Mito Pereira and South African Christiaan Bezuidenhout finished deadlocked. Register now for FREE unlimited access to Reuters.com RegisterReporting by Steve Keating in Charlotte; Editing by Ken FerrisOur Standards: The Thomson Reuters Trust Principles.
The biopharmaceutical giant, along with its partner BioNTech, was one of the first to develop a marketable vaccine for COVID-19 using nascent mRNA technology. mRNA technology has tremendous potential for other disease areas such as oncology and rare diseases. We've just started our phase-three study of a quadrant flu vaccine made out of mRNA. We see it has several advantages over current flu vaccines, including higher efficacy. A Pfizer senior vice president said mRNA technology could transform vaccines for the flu and lead to breakthroughs in cancer treatment.
SEOUL— Samsung de facto chief Lee Jae-yong and SoftBank Group Chief Executive Masayoshi Son are set to meet in Seoul next month to discuss a potential partnership involving chip designer Arm Ltd., in what could become a powerhouse union between two of the world’s semiconductor giants. Son said Thursday that he would visit South Korea to meet with Samsung Electronics Co. about a strategic alliance with Arm, which is owned by SoftBank, the Japanese conglomerate. That confirmed similar remarks of a visit by Mr. Son from the prior day by Mr. Lee, whose signoff is required for any major move made by the South Korean conglomerate.
Masayoshi Son, CEO of SoftBank, has been weighing up various options for chipmaker Arm after Nvidia walked away from buying the company. There were no further details provided by SoftBank on what a strategic alliance would entail, but it could mark a big shift in strategy for Son and his vision for Arm. I'd like to talk with Samsung about a strategic alliance with Arm," Son said in a statement. SoftBank CEO Masayoshi Son said he is seeking a "strategic alliance" between chipmaker Arm, which is owned by the Japanese giant, and South Korean tech conglomerate Samsung . Since then, SoftBank tried to sell arm to chipmaker Nvidia but the deal fell through in February.
Im Sung-jae, Kim Si-woo, Tom Kim and K.H. "Four guys is fantastic, in 2003 it was just me in South Africa, very difficult," Choi told reporters on Wednesday. Im and Tom Kim were among the six automatic qualifiers while Lee and Kim Si-woo were two of Immelman's captain's picks. Adding Japan's Hideki Matsuyama, a record five Asian players are represented on the International squad. "When you look at our team, what we're trying to tap into is the international team represents billions of people all over the world.
Japan's Prime Minister Fumio Kishida addresses the 77th Session of the United Nations General Assembly at U.N. Headquarters in New York City, U.S., September 20, 2022. REUTERS/Eduardo MunozUNITED NATIONS, Sept 21 (Reuters) - South Korean President Yoon Suk-yeol and Japanese Prime Minister Fumio Kishida held the first one-on-one talks between their countries' leaders since 2019 on Wednesday and agreed on the need to improve relations by resolving issues of dispute. The meeting took place in New York on the sidelines of the U.N. General Assembly. Japan's Foreign Ministry Press Secretary Hikariko Ono said the two leaders "shared the need to bring back the sound bilateral relationship with the resolution of various issues." Register now for FREE unlimited access to Reuters.com RegisterReporting by David Brunnstrom and Chris Gallagher; editing by Grant McCool and Richard PullinOur Standards: The Thomson Reuters Trust Principles.
Well now, some of those laid-off employees are having trouble keeping up with demand from recruiters — and some say they've received reachouts from more than 70 companies. Laid-off Snap employees describe "overwhelming" recruiter outreach. After the company laid off a staggering 20% of its staff, some former workers' inboxes are filled with messages from Facebook, Netflix, and TikTok recruiters. As former employees found themselves without jobs, some told Insider they've fielded dozens of messages from recruiters. What laid-off Snap employees told us.
Rising fuel costs, the possibility of stricter emissions regulations to come, and questions about battery supplies, have all increased the appeal of zero-emission fuel cells. Volvo TrucksVolvo GroupCEO: Martin LundstedtMarket Cap: $32.97 billionHQ: Gothenburg, SwedenVolvo Trucks said in June 2022 it had begun testing hydrogen fuel-cell trucks. In the latter case, Plug Power has provided Amazon with more than 15,000 fuel cells to replace the batteries in its warehouse forklifts since 2016. Plug just signed a new deal to provide the behemoth with the liquid hydrogen necessary to run its fuel-cell vehicles starting in 2025. As part of a deal with Weichai group, Ballard is building fuel cells in China to power fuel-cell vehicles in that market.
"Squid Game" became Netflix Inc's (NFLX.O) most-watched series ever after its release last September, creating countless online memes and Halloween costumes and kickstarting sales of green tracksuits. 1/3 Park Hae-Soo, Lee Jung-Jae, Kim Ji-Yeon, Hwang Dong-Hyuk, Jung Ho-Yeon and Oh Young-Soo, of "Squid Game", arrive at the 74th Primetime Emmy Awards in Los Angeles, California, U.S., September 12, 2022. "So many characters died, especially beloved ones died. The Emmy's directing honour epitomised Hwang's never-dreamed-of journey with the series, but he was disappointed at missing the trophy for best drama series, which went to HBO's "Succession". "Of course what I wanted the most was best drama series.
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