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☆ Canada's Trudeau to visit South Korea; focus on minerals, security
▼ + stars: | 2023-05-16 | by ( Hyonhee Shin | ) www.reuters.com time to read: +2 min

SEOUL, May 16 (Reuters) - Canadian Prime Minister Justin Trudeau will arrive in South Korea on Tuesday for a summit with President Yoon Suk Yeol as the two countries seek to boost cooperation on security and critical minerals used in batteries. Yoon and Trudeau are scheduled to hold a summit and joint press conference on Wednesday, followed by an official dinner, said Yoon's deputy national security advisor, Kim Tae-hyo. The two U.S. allies have been exploring ways to deepen cooperation on critical minerals used in electric vehicle (EV) batteries and step up intelligence sharing. Yoon and Trudeau will sign an agreement on key mineral supply chains, clean energy conversion and energy security cooperation, a South Korean government official told Reuters, requesting anonymity as the deal was not finalised. The two countries have also sought to step up security cooperation including intelligence sharing, while navigating an intensifying rivalry between the United States and China.

☆ Ukraine's first lady meets with South Korea's Yoon
▼ + stars: | 2023-05-16 | by ( ) www.reuters.com time to read: +1 min

SEOUL, May 16 (Reuters) - Ukraine's first lady, Olena Zelenska, met with South Korean President Yoon Suk Yeol as a special presidential envoy, South Korea's presidential office said on Tuesday. Zelenska, the wife of Ukrainian President Volodymyr Zelenskiy, is visiting South Korea to participate in a media conference. In an interview with South Korea's Yonhap news agency published on Tuesday, Zelenska expressed willingness to invite Yoon to her country, saying such a visit would be "very supportive" to Ukrainians. She also warned against the risk of war fatigue and called for "more radical" support for Ukraine to fight against Russia's aggression. South Korea, a major producer of artillery shells, has said it was not providing lethal weapons to Ukraine, citing its relations with Russia.

☆ US DOJ to crackdown on crypto exchanges, NCET director says - FT
▼ + stars: | 2023-05-15 | by ( ) www.reuters.com time to read: +2 min

May 15 (Reuters) - The U.S. cryptocurrency enforcement tsar has said that the country was stepping up scrutiny of crypto exchanges to target illicit behavior on the platforms, the Financial Times reported on Monday. "And so we hope that by focusing on those types of platforms, we’re going to have a multiplier effect." The DOJ in March charged Vietnamese national Minh Quoc Nguyen with money laundering and identity theft in connection with crypto platform ChipMixer's operations, claiming that Nguyen openly flouted financial regulations. The NCET director, without naming any specific entity, said that a company's size "is not something that the department will countenance" while weighing potential charges. Reporting by Rahat Sandhu in Bengaluru; Editing by Varun H KOur Standards: The Thomson Reuters Trust Principles.

☆ Seoul property market hits an unusual cool patch
▼ + stars: | 2023-05-10 | 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 property market hits an unusual cool patchA unique method of investing in property market in South Korea and the Bank of Korea's interest rate cycle is putting the Seoul market under pressure, according to Yoona Choi of Knight Frank.

☆ Why Do American Diners Have Such a Limited Palate for Textures?
▼ + stars: | 2023-05-08 | by ( Ligaya Mishan | Esther Choi | ) www.nytimes.com time to read: +2 min

What of the worlds that lie between slime and velvet, collapse and refusal, succulence and desiccation? Not only does English lack a robust vocabulary for food textures but, whether as corollary or coincidence, English speakers also tend to value a narrower range of textures. In a survey by the American sensory scientist Jeannine F. Delwiche conducted at Ohio State University in 2002, respondents considered texture significantly less important than taste and scent in its impact on flavor. It is often defined as a confluence of taste, scent and memory, yet other senses intrude. Studies have shown that diners have difficulty identifying flavors when foods are dyed different colors, for example.

☆ Mental illness may mean higher heart attack, stroke risk for people under 40
▼ + stars: | 2023-05-08 | by ( Madeline Holcombe | ) edition.cnn.com time to read: +4 min

Those people younger than 40 with a mental disorder were 58% more likely to have a heart attack and 42% more likely to have a stroke than those with no disorder, the study found. That could point to a greater need for managing psychological conditions and monitoring heart health in those at risk, Park added. It is important to note that the findings do not show that mental illness causes heart attacks or stroke, she added. Choi recommends that people with mental health conditions receive regular checkups as well. “Many individuals with mental illness suffer from social isolation and loneliness, and for years researchers have been sounding the alarm that loneliness is detrimental for physical health,” Ehrlich said.

☆ Hong Kong's IPO market expected to rebound in 2023, but the biggest one so far flopped in its debut
▼ + stars: | 2023-05-05 | by ( Sheila Chiang | ) www.cnbc.com time to read: +1 min

Hong Kong's largest IPO so far this year flopped last week suggesting the market still needs time to rebound, despite positive signs pointing to a recovery. "The sentiment in the IPO markets has not built up yet," Ringo Choi, Asia-Pacific IPO leader at EY, told CNBC. We still need some time," said Robert Lui, Hong Kong offering leader of Deloitte China's Capital Market Services Group. Hong Kong's stock market was among the worst-performing last year, shedding 15% in 2022 for its third-straight year of declines. Chinese companies tend to launch secondary listings in Hong Kong as another venue to access investors and capital.

☆ Analysis: Calls for South Korean nuclear arsenal unlikely to fade despite US deal
▼ + stars: | 2023-04-27 | by ( Josh Smith | ) www.reuters.com time to read: +5 min

"Domestic politics could distort the incentives South Korean leaders face when it comes to limiting their nuclear options over the long run." Nuclear expert Siegfried Hecker warned in January there could be disastrous downsides to Seoul acquiring its own nuclear weapons. The United States once stationed hundreds of tactical nuclear weapons in South Korea and has made other agreements to reassure Seoul. Choi Il, a retired South Korean submarine captain, told Reuters that South Korea's fundamental answer to the growing North Korean threat remains unchanged. "If you strike us with nuclear weapons, then we will strike back with our own."

☆ US, South Korean leaders pledge to cooperate on forex market stability
▼ + stars: | 2023-04-27 | by ( ) www.reuters.com time to read: +1 min

April 26 (Reuters) - U.S. President Joe Biden and South Korean President Yoon Suk Yeol upgraded their commitment to cooperate on maintaining stability in foreign exchange markets at a summit on Wednesday, a senior South Korean economic official said. "It is meaningful that (the two leaders) expressed their willingness to actively cooperate for the financial stability at a higher level than before," Choi Sang-mok, senior presidential secretary for economy, told reporters in Washington. Biden and Yoon said in a statement following the summit that the two countries "will continue to consult closely on foreign exchange market developments to promote sustainable growth and financial stability". It was a reaffirmation of a commitment made last year but was an upgrade in the sense that it was included in the statement after the summit meeting held on the occasion of President Yoon's state visit, Choi said. Reporting by Choonsik Yoo; Editing by Sonali PaulOur Standards: The Thomson Reuters Trust Principles.

SEOUL, April 27 (Reuters) - For the first time since the 1980s a U.S. Navy nuclear-armed ballistic missile submarine (SSBN) will visit South Korea to help demonstrate Washington's resolve to protect the country from a North Korean attack. The visit was announced in a joint declaration during a summit between South Korean President Yoon Suk Yeol and U.S. President Joe Biden in Washington on Wednesday. "That could be a huge pressure on North Korea, because usually they don’t share where those submarines are," said Moon Keun-sik, a retired South Korean submarine captain and squadron leader. The United States has pledged to deploy more so-called "strategic assets" such as aircraft carriers, submarines, and long-range bombers to South Korea to deter North Korea, which has developed increasingly powerful missiles that can hit targets from South Korea to the mainland United States. The submarine visit is also seen as a way to reassure South Korea and quell talk in Seoul of developing homegrown nuclear weapons.

☆ DeSantis urges more cooperation with South Korea
▼ + stars: | 2023-04-26 | by ( ) www.reuters.com time to read: +1 min

[1/5] Florida's Governor Ron DeSantis shakes hand with South Korea's Gyeonggi Province Governor Kim Dong-yeon during their meeting in Seoul, South Korea, April 26, 2023. DeSantis, in a meeting with Prime Minister Han Duck-soo, vowed support for South Korean companies and exchanges between the state of Florida, of which he is governor, and South Korean counterparts, Han's office said. South Korea was a key partner for Florida's economy and job creation, Han's office cited DeSantis as saying. Han called for the governor's support for South Korean companies in Florida. His visit comes as South Korean President Yoon Suk Yeol is in Washington for a summit with President Joe Biden, accompanied by more than 120 South Korean business leaders.

☆ Explainer: South Korea's nuclear dilemma: Would U.S. trade Seattle for Seoul?
▼ + stars: | 2023-04-26 | by ( David Brunnstrom | ) www.reuters.com time to read: +5 min

WHY IS SOUTH KOREA WORRIED? U.S. "extended deterrence" protection for South Korea rests on a simple, if grim, assumption: if North Korea were to attack South Korea with nuclear weapons, it would face devastating U.S. retaliatory strikes. Yoon vowed in his election campaign to seek redeployment of U.S. tactical nuclear weapons in South Korea and possibly "nuclear sharing," meaning joint command over U.S. weapons. But his comments have driven a growing debate that one former senior U.S. defense official said threatens to normalize a once unthinkable concept of a South Korean nuclear arsenal. WHAT WOULD BE THE IMPLICATIONS OF A NUCLEAR SOUTH KOREA?

[1/4] South Korean President Yoon Suk Yeol delivers remarks to the U.S.-Korea Business Council at the U.S. Chamber of Commerce in Washington, D.C., U.S., April 25, 2023. He said the two countries' economies had been facing new challenges and the economic slowdown was unsettling the investment environment. "Competition for technological hegemony, energy issues and climate crises are casting more uncertainties on business activity day by day," Yoon said. "This cooperation should extend beyond semiconductors to future emerging technologies such as AI, Quantum, SMR (Small Modular Reactors) and more," Yoon said. Core technologies from the United States and South Korea's advanced manufacturing capabilities would "create enormous synergies that will benefit both countries," he said.

☆ First Republic handed out billions in ultra-low-rate mortgages to the wealthy. It backfired horribly.
▼ + stars: | 2023-04-25 | by ( Matt Turner | ) www.businessinsider.com time to read: +4 min

The bank won wealthy clients with the offer of jumbo mortgage loans that required no principal payments for a decade. First Republic first moved into focus back in the March banking crisis that claimed Silicon Valley Bank, Signature Bank, and Silvergate. Like SVB and Signature, a large percentage of First Republic deposits were not insured by the FDIC, making it especially susceptible to deposit flight. Wealthy clients can easily move their deposits away from First Republic while keeping their mortgage with the firm, which creates a liquidity challenge. First Republic is now backtracking from this strategy, saying it will focus on writing loans that are guaranteed by Fannie and Freddie.

☆ S.Korea's Yoon to meet Biden as doubts grow over nuclear umbrella
▼ + stars: | 2023-04-24 | by ( Hyonhee Shin | ) www.reuters.com time to read: +4 min

More than 64% supported South Korea developing its own nuclear weapons, with about 33% opposed. Yoon has been pushing to boost South Korea's say in operating the U.S. extended deterrence but exactly what that might entail has not been spelt out. A senior U.S. official said on Friday that Biden, during the summit with Yoon, would pledge "substantial" steps to underscore U.S. commitments to deter a North Korean nuclear attack. South Korea, a major producer of artillery shells, says it has not provided lethal weapons to Ukraine, citing its relations with Russia. South Korea tries to avoid antagonising Russia, due chiefly to business interests and Russian influence over North Korea.

☆ Americans Corpuz, Yin sit atop Chevron leaderboard heading into final round
▼ + stars: | 2023-04-22 | by ( ) www.reuters.com time to read: +3 min

April 22 (Reuters) - Americans Allisen Corpuz and Angel Yin charged up the leaderboard to share a one-shot lead at 10-under par after a pair of near-flawless performances in the third round of the Chevron Championship on Saturday. "Been playing really solid these last three days," the 25-year-old said in a televised interview. "I've just been trying to tell myself, you know, get more comfortable in contention, just keep learning from every experience." "It was one of those days -- everything felt so easy and everything felt in sync," she said in a televised interview. The second round of the tournament wrapped up early on Saturday after organisers were forced to halt play due to darkness.

☆ Golfers tackle new test in uncharted Chevron Championship grounds
▼ + stars: | 2023-04-22 | by ( ) www.reuters.com time to read: +2 min

[1/5] Apr 21, 2023; The Woodlands, Texas, USA; Chella Choi (KOR) drives off the first tee during the second round of The Chevron Championship golf tournament. Mandatory Credit: Thomas Shea-USA TODAY SportsApril 21 (Reuters) - Golfers have risen to the varied challenges that the new home of the Chevron Championship in Carlton Woods Texas brought after moving from its longtime home at Mission Country Club in Palm Springs. World number two Nelly Korda overcame a rollercoaster round on what she claimed was a completely different course than the opening round on Thursday. Thailand's Patty Tavatanakit, 2021 Chevron winner, also took advantage of the course conditions posting the best early round of the day by returning a five under-67. It feels like we're not playing The Chevron Championship just because the grass and everything is so East Coast."

☆ Juggling College With a Media Job. Now Both Are Over.
▼ + stars: | 2023-04-21 | by ( Callie Holtermann | ) www.nytimes.com time to read: +1 min

At Mother of Junk, a thrift emporium in Brooklyn, Emma Choi examined a rubber triceratops and invented a back story for a Miss Piggy figurine. She became NPR’s first Gen Z podcast host, having started as an intern at “Wait Wait … Don’t Tell Me!,” NPR’s comedy news quiz show. Ms. Choi was told in a Zoom call that the podcast would end, and with it her role as host. Although her sense of humor is intact, some of her optimism about working in media has faded. She said she felt proud to have made a show intended in part to usher in the next generation of NPR listeners.

☆ S.Korea summons Chinese ambassador over reaction to Yoon's Taiwan remarks
▼ + stars: | 2023-04-20 | by ( ) www.reuters.com time to read: +2 min

The move came after China and South Korea exchanged harsh words over Yoon's comments in a recent interview with Reuters. "The Taiwan issue is not simply an issue between China and Taiwan but, like the issue of North Korea, it is a global issue." Asked about Yoon's comments, the Chinese foreign ministry denounced Yoon and called on South Korea to "prudently handle matters" related to Taiwan. Hours later, South Korea's foreign ministry hit back and said comments by the Chinese foreign ministry were "unspeakable". A vice foreign minister called in Chinese Ambassador to South Korea Xing Haiming and strongly protested what South Korea called "diplomatic discourtesy", the South Korean foreign ministry said in a statement.

☆ How to watch the Chevron Championship live: Start time, channel and other things to know
▼ + stars: | 2023-04-20 | by ( Jack Bantock | ) edition.cnn.com time to read: +6 min

CNN —Once again, the first women’s golf major of the season tees off with The Chevron Championship. How to watchUS viewers can watch the first and second rounds on the Golf Channel, with coverage running from 10 a.m. CST until 7 p.m. CST. “I think I was in a bit of a panic last year,” Kupcho told reporters Tuesday. But I don’t think that’s going to be my driving force going to any of these events this year.”Ko tees off at the HSBC Women's World Championship in March. “I don’t think I have a weakness in my game at all, and I think that’s partially why I’ve been very consistent,” Hall told reporters.

The Ukraine war made energy and other commodities even more expensive than they were during the pandemic, prompting a global cost-of-living crisis. What has that done to their market share as competitors may be pricing lower and gaining share?" Tineke Frikkee, a fund manager at Unilever and Reckitt investor Waverton Asset Management, said. "Price rises should gradually decelerate as input costs do the same," Frikkee said, adding that companies should instead be investing in product innovation. "It will be a delicate balance, with consumer disposable income stretched in many key markets for these firms," Jack Martin, a fund manager at Unilever investor Oberon Investments, said.

It was the first time that Seoul suggested a willingness to provide weapons to Ukraine, more than a year after ruling out the possibility of lethal aid. During the summit, Yoon said he will seek "tangible outcomes" on the allies' efforts to improve responses to evolving threats from North Korea, which has ramped up military tests, and launched its first solid-fuel intercontinental ballistic missile last week. In February, South Korea and the U.S. staged table-top exercises simulating a North Korea nuclear attack as part of Seoul's efforts to play a bigger role in Washington's nuclear policy over the North. "I think there's no big problem if Japan is joining, but since there's been much progress between the U.S. and South Korea, it would be more efficient to create this system ourselves first." "The Taiwan issue is not simply an issue between China and Taiwan but, like the issue of North Korea, it is a global issue."

☆ A medical resident with 200K TikTok followers shares the exact 2-page media kit she's used to get brand deals with Microsoft, Paula's Choice, and more
▼ + stars: | 2023-04-18 | by ( Shriya Bhattacharya | ) www.businessinsider.com time to read: +4 min

Dr. Sally Choi is a medical resident based in Texas who is working to become a radiologist. She shares the exact 2-page media kit she's used to work with brands like Panera Bread and GoodRx. When Dr. Sally Choi finally had some free time in 2021 during her fourth year of medical school, she decided to download TikTok. Here is the exact media kit Dr. Choi created to collaborate with brands:Page one of Dr. Sally Choi's media kit. Dr. Sally Choi

☆ North Korean leader orders spy satellite launch as planned -KCNA
▼ + stars: | 2023-04-18 | by ( Soo-Hyang Choi | ) www.reuters.com time to read: +2 min

SEOUL, April 19 (Reuters) - North Korean leader Kim Jong Un has ordered officials to launch the first spy satellite as planned, saying that boosting reconnaissance capabilities is a priority to counter "threats" from the United States and South Korea, state media reported on Wednesday. North Korea in December conducted what it called an important "final phase" test for a spy satellite and said it would complete preparations for the launch by April. KCNA said the satellite production has been completed but it did not elaborate when the scheduled launch date is. "Securing real-time information about the hostile forces' military scenario" is the "most important" task, Kim said. A state media photo showed Kim, accompanied by his daughter, talking to officials in front of a blurred image of an apparent satellite.

☆ Most Korean plaintiffs in Japan forced-labour cases accept Seoul's compensation plan
▼ + stars: | 2023-04-13 | by ( Soo-Hyang Choi | ) www.reuters.com time to read: +2 min

"The bereaved families of 10 victims expressed hope that this issue be promptly resolved, and agreed to accept the compensation under the government plan," the foreign ministry said in a statement. South Korea will continue efforts to seek understanding from the victims and their families, the ministry added. The South Korean proposal has been hailed as "groundbreaking" by U.S. President Joe Biden following a deterioration in Japanese-South Korean relations to the lowest point for decades in the wake of the 2018 rulings. The March announcement was followed by South Korean President Yoon Suk Yeol's visit to Tokyo for a meeting with Japanese Prime Minister Fumio Kishida. The two leaders agreed to put aside their countries' difficult shared history and work together to counter regional security challenges.

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