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☆ A loneliness epidemic is spreading worldwide. Seoul is spending $327 million to stop it
▼ + stars: | 2024-10-24 | by ( Jessie Yeung | ) edition.cnn.com time to read: +8 min

CNN —Every year, thousands of South Koreans – mostly middle-aged men – die quietly and alone, cut off from their family and friends. “Loneliness and isolation are not just individual problems, but tasks that society must solve together,” Seoul mayor Oh Se-hoon said in a news release. The phenomenon, known by the Japanese term “hikikomori,” has become increasingly common; South Korea had up to 244,000 such recluses in 2022 by one estimate. A Buddhist nun and staff of Good Nanum hold the name tablets of three deceased people before their cremation on June 16, 2016 in Goyang, South Korea. However, when asked about what makes them feel lonely, “there are some differences compared to other countries,” she said.

Persons: –, hoon, ”, Soo, Myongji University – cautioning, Nanum, Jean Chung, “, they’re, Anthony Wallace, … Organizations: CNN, Koreans, Myongji University, Ministry of Health, Getty, Government, Prevention, Management, Korea isn’t, United, World Health Organization Locations: Seoul, Korea, South Korea, Goyang, “, South Koreans, South, AFP, Japan, United Kingdom

SEOUL, South Korea — North Korea has sent troops to Russia, the U.S. said Wednesday, its first public confirmation of a move that has rattled Western allies and could mark a major escalation of Moscow’s war in Ukraine. North Korean leader Kim Jong Un visiting Korean People's Army soldiers at an undisclosed location on Oct. 17. South Korean lawmakers said Wednesday that North Korea had sent 3,000 troops to Russia out of a promised 10,000 to be deployed by December. That is twice the 1,500 the South Korean intelligence agency had reported being sent last week. Ukrainian President Volodymyr Zelenskyy said Tuesday that two units of North Korean troops, with as many as 6,000 people each, were being trained for deployment.

Persons: Lloyd Austin, Austin, Kim Jong, KCNA, Volodymyr Zelenskyy, ”, Kyrylo Budanov, Vedant Patel, “, ” Austin, Zelenskyy Organizations: ”, Democratic People’s, Korean People's Army, Getty, Kremlin, South, South Korean, Directorate of Intelligence, North Korean, State Department Locations: SEOUL, South Korea, North Korea, Russia, U.S, Ukraine, Rome, Democratic People’s Republic of Korea, Korea, AFP, Pyongyang, Moscow, Russia’s Kursk, Russian, Kyiv

The United States, Ukraine and South Korea say that North Korean troops were dispatched to Russia for training with the aim of being deployed to Ukraine. North Korean leader Kim Jong Un and Russia's President Vladimir Putin after signing a comprehensive strategic partnership in Pyongyang, North Korea on June 19, 2024. “We are developing scenarios to understand the potential impacts North Korea and Russia’s actions could have on us,” the government official said. The arrangement could also help North Korea gain real-world intelligence on the functioning of its weaponry. Soldiers march in a parade for the 70th anniversary of North Korea's founding day in Pyongyang, North Korea, on September 9, 2018.

Persons: Volodymyr Zelensky, ” Zelensky, Inna Varenytsia, Kim Jong, Vladimir Putin, Dmitry Peskov, Peskov, ”, François Walschaerts, Foreign Affairs Kim Hong, Kim Tae, Defense Lloyd Austin, ” Austin, John Kirby, “, Carl Schuster, Ng Han Guan, Kim, Chun, ” Chun Organizations: South Korea CNN, Ukraine, NATO, Korean, CNN, National Intelligence Service, North, Maxar Technologies, Maxar, UN, Foreign Ministry, Getty, Korean First, Foreign Affairs, National Security Office, South, Moscow, Defense, National Security, Pacific Command’s Joint Intelligence Center Locations: Seoul, South Korea, Korea, Ukraine, Europe, United States, Russia, North Korea, Moscow, Pyongyang, Kyiv, Washington, Chasiv Yar, Donetsk region, Koreans, South, Russia’s Far, China, Sergeevka, Russian, Brussels, AFP, South Korean, ” South Korea

☆ A K-pop star was photographed kissing a woman. Fans decided he should be fired for it.
▼ + stars: | 2024-10-22 | by ( Larissa Gao | Larissa Gao Is An Associate Social Newsgathering Reporter Based In Hong Kong. | ) www.nbcnews.com time to read: +8 min

Within two days of his return, SM Entertainment said Seunghan was out again, leading fans to post triumphant videos showing them dancing in front of the funeral wreaths. “Many fans, mostly international fans, want him back in the group.”SM Entertainment did not respond to an emailed request for comment. “He made those teenage mistakes.”This is far from the first time that K-pop idols have fallen afoul of fans for having personal relationships. In March, Karina from Aespa, another SM Entertainment group, apologized for letting fans down after Korean media revealed her relationship with actor Lee Jae-wook. International fans are less invested in K-pop stars both emotionally and financially, said Stephanie Choi, a faculty expert on K-pop music at the University at Buffalo.

Persons: Seunghan, ” Seunghan, Shotaro, Anton, ” Tarryn McMurray, Arianna, ”, Jung, Yeon, “, RIIZE, sunbae, Yuki Shu, ” Hye Jin Lee, ” Lee, “ We’re, Karina, Aespa, Lee Jae, EXO’s Chen, HyunA, Dawn, ’, ” McMurray, Stephanie Choi Organizations: SM Entertainment, Getty, NBC News, Annenberg School for Communication, Journalism, University of Southern, Pentagon, Cube Entertainment, University at Buffalo, USC Locations: Korean, Seoul, Japan, United States, South Korea, British, Wisconsin, Seunghan, University of Southern California

☆ Rosé and Bruno Mars' chart-topping APT drives YG Plus shares to seven-month high
▼ + stars: | 2024-10-22 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

Shares of South Korean media company YG Plus soared to a seven-month high after the release of a collaboration track between Blackpink member Rosé and Bruno Mars on Oct. 18 topped streaming charts. Rosé debuted in 2016 as one of the four members of Blackpink, under Kosdaq-listed YG Entertainment. Records from The Black Label are distributed by YG Plus, also a YG Entertainment subsidiary. YG Entertainment shares climbed as much as 3.53% on Tuesday. Despite the boost, the parent company's stocks have dropped 22.5% year-to-date, dragged by uncertain conditions facing the global music industry.

Persons: Rosé, Bruno Mars, Taylor Swift Organizations: YG, APT, iTunes, YouTube, YG Entertainment, Atlantic Records, YG Plus Locations: Seoul, Korean, South Korean

☆ North Korea sending troops into Ukraine could supercharge an already-close partnership with Russia
▼ + stars: | 2024-10-22 | by ( Mia Jankowicz | Hannah Abraham | ) www.businessinsider.com time to read: +7 min

South Korea says 1,500 North Korean troops have been sent to aid Russia in its war in Ukraine. They also said that North Korean troops could find themselves little more than cannon fodder. Other experts said North Korean troops would experience the roughest end of Russia's notoriously brutal military hierarchy, which marks some as expendable. "The grim reality is that the North Korean troops will likely simply be cannon fodder for Russia," said Edward Howell, a North Korea expert at the University of Oxford. AdvertisementHoare also pointed to the risk of North Korean troops defecting, which would loom over any deployment.

Persons: —, Volodymyr Zelenskyy, Joseph S, Bermudez Jr, Bermudez, Cannon, Kim Jong, National Intelligence Service Bermudez, Edward Howell, Jim Hoare, Hoare, Suspilne, Kim Jong Un, Vladimir Putin, Kristina Kormilitsyna, Howell Organizations: North, Service, Korea's National Intelligence Service, National Intelligence Service, South, Associated Press, CNN, Center for International, Strategic Studies, North Korean, University of Oxford, BI, The Times, DPRK Locations: Korea, Russia, Ukraine, North, North Korea, Pyongyang, Korean, Russian, South Korea, Seoul, Ukrainian, Koreans, Ussuriysk, South, London, Sputnik

☆ CNBC Daily Open: High interest rate worries pressure stocks
▼ + stars: | 2024-10-22 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Shares of Hyundai Motor India fallHyundai Motor India shares retreated more than 5% on Tuesday – their trading debut – according to BSE data. Hyundai Motor India is a wholly owned Indian subsidiary of South Korean automaker Hyundai. New bullish phase for goldGold prices hit a record high of $2,700 per ounce on Monday, and are continuing their ascent Tuesday.

Persons: Australia's, Paul Wong Organizations: CNBC, Nasdaq, Dow Jones, Treasury, Hyundai Motor India, Hyundai, South, Reuters, Sprott Asset Management, Citi, U.S ., Scotiabank, Canadian Locations: Asia, Pacific, India, Reuters ., China, U.S

☆ Hyundai Motor India's shares set to start trading after the country's largest IPO
▼ + stars: | 2024-10-22 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +2 min

MUMBAI, MAHARASHTRA, INDIA - Hyundai cars seen parked outside the Hyundai showroom in Mumbai. Hyundai Motor India was set to start trading Tuesday in the country's two major stock markets after a $3.3 billion initial public offering, the country's largest-ever by amount raised. Unlike a traditional IPO, in which a firm sells fresh shares, Hyundai Motor India's listing is an offer for sale, where its parent Hyundai Motor Company sold its shares. The lead bookrunners of Hyundai India's IPO were Kotak Mahindra Capital, Citigroup Global Markets India, HSBC Securities and Capital Markets (India), J.P. Morgan India and Morgan Stanley India. There is amazing fundamentals in equity markets with supportive policies from SEBI [Securities and Exchange Board of India], retail participation and broad-based opportunities," he added.

Persons: Morgan India, Morgan Stanley, Neil Bahal, Amala Balakrishner Organizations: Hyundai, India, South Korean, Hyundai Motor Company, Kotak Mahindra Capital, Citigroup Global Markets, HSBC Securities, Capital Markets, CNBC, Negen, Securities, Exchange Board Locations: MUMBAI, MAHARASHTRA, INDIA, Mumbai, South Korea, New Delhi, Citigroup Global Markets India, India, Morgan Stanley India, SEBI

The North Korean troops are thought to be receiving training before being sent to the frontline in Ukraine, in what is thought to be a clear sign of the ever warming relations between Moscow and Pyongyang. The soldiers are thought to be speaking in Korean although the low quality audio prevented their discussions from being fully understood. Upon arriving in Russia, the North Korean recruits have been asked to fill out a questionnaire providing their sizing for hats, headgear, uniforms, and shoes. A copy of the questionnaire North Korean soldiers filled out after arriving in Russia, providing their sizing for hats, headgear, uniforms, and shoes. Ukrainian President Volodymyr Zelensky had repeatedly sounded the alarm regarding Russia and North Korea’s deepening alliance, telling a NATO summit this week that “thousands” of North Korean troops were on their way to Russia.

Persons: Volodymyr Zelensky, ” Zelensky Organizations: CNN, North, South Korea’s National Intelligence Service, Ukrainian, Ukrainian Center for Strategic Communication, Information Security, North Korean, Security, NATO Locations: Russia’s, Ukraine, Moscow, Pyongyang, Russia, China, Russian, Korea, North, United States, South

☆ Amid global adoption reckoning, adoptees fight long-standing narrative they should be ‘grateful’
▼ + stars: | 2024-10-18 | by ( Maya Cederlund | Freelance Writer | ) www.nbcnews.com time to read: +7 min

Eisenhauer-Epp is co-founder of Navigating Adoption, an online platform for adoptees, and also works with Sisters of China, an adoptee-led organization for female-identifying Chinese adoptees affected by China’s one-child policy. “It just brings so much unknown with Chinese adoptees. Similarly, news about South Korea’s adoption system has shaken many Korean adoptees. Korean adoption agencies charged anywhere between $4,000 and $6,000 per child, according to an Associated Press investigation. For them, the narrative that adoptees should be grateful is “more of a culturally pervasive expectation than an option” for adoptees.

Persons: Cosette Eisenhauer, ”, Eisenhauer, Roe, Wade, “, ” “, amanda paul, paul, JaeRan Kim, adoptees shouldn't, Kim Adoptees, adoptees, ” Eisenhauer, Mao Ning, ” paul, Paul Organizations: Epp, University of Texas, Society, Children, Foreign, Associated Press, AP, “ Locations: Atlanta, Arlington, China, Korean, adoptee, Zhanjiang, China’s Guangdong, Korea, Chicago

☆ North Korean troops in Russia readying for combat in Ukraine war, S.Korea says
▼ + stars: | 2024-10-18 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +2 min

SEOUL — North Korea has shipped 1,500 special forces troops to Russia’s far east for training and acclimatizing at local military bases and will likely be deployed for combat in the war in Ukraine, South Korea’s spy agency said on Friday. South Korea’s National Intelligence Service (NIS) also said it had been working with Ukrainian intelligence service and had used facial recognition artificial intelligence technology to identify North Korean officers in eastern Ukraine’s Donetsk region supporting Russian forces firing North Korean missiles. Earlier, South Korean President Yoon Suk Yeol called an unscheduled security meeting with key intelligence, military and national security officials to discuss North Korean troops’ involvement in Russia’s war against Ukraine, Yoon’s office said. Yoon’s office said South Korea, together with its allies, has been closely tracking North Korea’s troop dispatch to Russia from the initial stages. South Korea will respond to the North’s activities with all available means, it added, without elaborating on what actions it might take.

Persons: Yoon Suk Organizations: Korea’s National Intelligence Service, Korean, South, Ukraine Locations: SEOUL, North Korea, Ukraine, South, Ukraine’s Donetsk, Russian, Korea, Russia, North, South Korea, Washington

☆ Former US Army soldier Sung Anh is now a Michelin-starred chef in South Korea and a Netflix ‘Culinary Class Wars’ judge
▼ + stars: | 2024-10-18 | by ( Alkira Reinfrank | ) edition.cnn.com time to read: +11 min

It’s this passion and unwavering drive to forge his own path that’s helped reshape fine dining in his birth home. Chef Sung Anh with his brother in the US Army (left) and with family in California (right). Mosu SeoulIn 2017, chef Sung opened Mosu Seoul in the heart of one of the world’s fastest-growing fine dining scenes. CNNAs recognition grows for South Korean food, chef Sung takes things further at Mosu Seoul, celebrating more than just local ingredients. “Chef Sung gives life and character to each dish I make, which I find very respectable.

Persons: Sung, ”, “, Sung Anh, …, Saddam Hussein, Mosu, “ I’ve, They’ve, Jong, Sangwoo Kim, Chef Sung, Paik Jong, Mosu —, ” Sung, Chung, Ceramicist Yoon Sol, Yoon Organizations: CNN, Michelin, Netflix, US Army, Korean, US, Porsche, West, Mosu, Acorn, Chefs, Mosu Seoul Locations: Iraq, Korea, American, Seoul, South, San Diego , California, US West Coast, South Korea, California, Vietnam, Baghdad, Dakota , Idaho, Puerto Rico, Hawaii, San Francisco, Mosu Seoul, Mosu, Hong Kong, —, Komah, Sao Paulo, New York, Korean, Gangnam, Asia

☆ Ukraine: North Korea is sending 12,000 troop to aid Russia’s war, South Korea intelligence says
▼ + stars: | 2024-10-18 | by ( Story Associated Press | ) edition.cnn.com time to read: +3 min

Seoul, South Korea AP —South Korean intelligence has found that North Korea has dispatched 12,000 troops including special operation forces to support Russia’s war against Ukraine, news reports said Friday, a development that could bring a third country into the war and intensify a standoff between North Korea and the West. North Korea has 1.2 million troops, one of the largest militaries in the world, but it lacks actual combat experience. Many experts question how much the North Korean troop dispatch would help Russia, citing North Korea’s outdated equipment and shortage of battle experiences. The statement said participants of the meeting agreed that North Korea’s troop dispatch poses a grave security threat to South Korea and the international community. Outside officials and experts say North Korea in exchange possibly received badly needed food and economic aid and technology assistance aimed at upgrading Kim’s nuclear-armed military.

Persons: Kim Jong Un, Vladimir Putin, Yoon Suk Yeol, Dmitry Peskov, Volodymyr Zelenskyy, we’ve, ” Zelenskyy, Mark Rutte Organizations: South Korea AP — South, National Intelligence Service, NIS, North, NATO Locations: Seoul, South Korea, Korea, Ukraine, North Korea, Korean, Russia, Pyongyang, Russian, Ukrainian, Donetsk, Moscow

☆ Netflix just had a blockbuster quarter, and its Asia strategy had a big role to play in it
▼ + stars: | 2024-10-18 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +4 min

At 19%, Asia Pacific had the largest revenue growth rate of all regions this quarter. Local content strategy and investment in original content is boosting Netflix's competitive edge. Company executives and industry experts say growth in Asia had a role to play as well. Revenue growth in North America and Europe, Middle East, and Africa was tied at 16% each. 'Persistence in Asia'Some industry experts who reacted to Netflix's earnings also pointed to its local content creation strategy.

Persons: —, You've, Gregory Peters, Ben Silverman, Silverman, It's, Dan Da Dan Organizations: Netflix, Service, Company, Asia, CNBC, Media Partners Locations: Asia Pacific, Asia, Japan, Korea, Thailand, India, North America, Europe, Middle East, Africa

☆ Satellite images show North Korean special forces sent to Russia disguised as Russian soldiers with fake IDs, South Korean spies say
▼ + stars: | 2024-10-18 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

North Korea has sent 1,500 special forces troops to Russia, according to South Korea's spy agency. Satellite images published by Seoul are said to show the North Korean special forces at bases in eastern Russia. The NIS said that North Korean military officers visited missile launch sites near the war's front lines in August. A Pentagon spokesperson said he's seen reports about North Korean forces deploying to the war but can't confirm or corroborate them. Beyond North Korea, Russia has also turned to fellow pariah state Iran for military assistance during the Ukraine war.

Persons: —, they're, he's, Pat Ryder, you've, Kim Jong Un Organizations: Korean, Service, Korea's National Intelligence Service, Moscow, NIS, North Korean, National Intelligence Service, National Intelligence, Pentagon, North Korea . National Intelligence Locations: Korea, Russia, South, Ukraine, Seoul, North Korea, Pyongyang, South Korea, Siberia, Russian, Ussuriysk, Khabarovsk, Moscow, Kyiv, Iran, Tehran

☆ Asian chip stocks fall on ASML's disappointing forecast, possible U.S. export cap
▼ + stars: | 2024-10-16 | by ( Anniek Bao | In | ) www.cnbc.com time to read: +2 min

Asian chip stocks fell on Wednesday after Dutch semiconductor equipment maker ASML posted disappointing sales forecasts, driving down global stocks in the sector. South Korean chipmaking heavyweight SK Hynix, which manufactures high bandwidth memory chips for AI applications for Nvidia, traded 1.6% lower. Net bookings for the September quarter were 2.6 billion euros ($2.83 billion), the company said — well below the 5.6 billion euro LSEG consensus estimate. Nvidia fell 4.7% and AMD lost 5.2%. In its June-quarter earnings presentation, ASML said that 49% of its sales come from China.

Persons: ASML, Foxconn —, Roger Dassen, — Ryan Browne Organizations: Tokyo, Renesas Electronics, Taiwan Semiconductor Manufacturing Company, Hai Precision Industry, SK Hynix, Nvidia, Samsung Electronics, Nikkei, AMD, Bloomberg, Biden Locations: Korean, Taiwan, ASML, Veldhoven, Netherlands, China

☆ North Korea blows up parts of inter-Korean road on its side of border, South says
▼ + stars: | 2024-10-15 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +1 min

SEOUL, South Korea — North Korea has blown up sections of an inter-Korean road on its side of the heavily militarized border between the two Koreas, South Korea’s Joint Chiefs of Staff said Tuesday. At around midday, some parts of the road north of the military demarcation line dividing the countries were blown up, the Joint Chiefs of Staff said in a message sent to media. Yonhap / via ReutersSouth Korea’s military had ramped up surveillance and its readiness in response, it said. A spokesman for the South’s Joint Chiefs of Staff declined on Monday to answer questions over whether the South Korean military or civilians had flown the alleged drones. DPRK is short for the Democratic People’s Republic of Korea, North Korea’s official name.

Persons: Kim Jong Un, KCNA Organizations: South Korea’s, Chiefs, Staff, Joint Chiefs, Reuters South, South’s, South Korean, DPRK, Democratic People’s Locations: SEOUL, South Korea, North Korea, South, Paju, Seoul, Pyongyang, Democratic People’s Republic of Korea, North

☆ North Korea blows up parts of inter-Korean road on its side of border, Seoul says
▼ + stars: | 2024-10-15 | by ( ) www.cnbc.com time to read: +2 min

Smoke rises after North Korea blows up sections of inter-Korean roads on its side of the border between the two Koreas, according to South Korea's military, as seen from the South Korean side, October 15, 2024, in this screen grab from a handout video. South Korean Defense MinistryNorth Korea has blown up sections of inter-Korean roads and rail lines on its side of the heavily fortified border between the two Koreas, South Korea's military said on Tuesday, ratcheting up tensions on the Korean peninsula. The explosions came after Pyongyang pledged last week to completely cut off the inter-Korean roads and railways and further fortify the areas on its side of the border. Around 180 billion won ($132 million) in taxpayers' money was spent by South Korea to rebuild the inter-Korean road, according to the Yonhap news agency. North Korea on Friday said the drones had scattered a "huge number" of anti-North leaflets, in what it called political and military provocation that could lead to armed conflict.

Organizations: South Korean Defense Ministry, Joint Chiefs, Staff Locations: Korea, South, Pyongyang, Seoul, South Korea, North Korea

Seoul, South Korea CNN —North Korea blew up parts of two major roads connected to the southern part of the peninsula on Tuesday, South Korean authorities said, after Pyongyang warned it would take steps to completely cut off its territory from the South. South Korea's Defense MinistryOn Monday, South Korea said it had detected signs that North Korea was preparing to demolish roads that connect the two countries, warning that the explosions could occur imminently. The blasts come a few days after North Korea accused South Korea of flying propaganda-filled drones over its capital Pyongyang and threatened “retaliation,” in the latest tit-for-tat exchange following months of Pyongyang sending trash-laden balloons to the South. North and South Korea have been separated since the Korean War ended in 1953 with an armistice agreement. Since January, Pyongyang has fortified its border defenses, laying land mines, building anti-tank traps and removing railway infrastructure, according to the South Korean military.

Persons: Lee Sung, joon, Kim Jong, Kim, ” KCNA, KCNA, ”, Leif, Eric Easley, “ Kim Jong Un Organizations: South Korea CNN, Seoul’s, Chiefs of Staff, South Korean Defense Ministry, South Korean, South Korea's Defense Ministry, Korea's Defense, Defense Ministry, North, Korean People’s Army, DPRK, Democratic People’s, US, South, Ewha Womans University Locations: Seoul, South Korea, North Korea, Pyongyang, West, East, Korean, Korea, North, Democratic People’s Republic of Korea, Russia

☆ BlackRock, Fidelity snap up Hyundai India shares in record $3.3 billion IPO
▼ + stars: | 2024-10-15 | by ( ) www.cnbc.com time to read: +2 min

Amit Dave | ReutersHyundai Motor India sold shares worth $989.4 million to institutional investors including BlackRock and Fidelity on Monday, as the carmaker launched a $3.3 billion IPO that will be the country's largest share offering yet. The Government of Singapore and BlackRock together picked up stakes worth a total of $77.3 million, while Fidelity bought shares worth $76.5 million. The year-to-date volume has already surpassed the $7.42 billion total raised last year. watch nowAt that size, Hyundai India will make up about 40% of its parent company Hyundai Motor's market capitalization. Hyundai India's IPO is set to eclipse the country's previous record of Life Insurance Corporation of India's 2022 deal when it raised $2.5 billion.

Persons: Amit Dave Organizations: Hyundai Motor India, Reuters Hyundai Motor India, BlackRock, Fidelity, Singapore, Hyundai, Retail, Life Insurance Corporation, India's, IDBI, Hyundai India Locations: Ahmedabad, India, Hyundai India, Mumbai

☆ North Korea is blowing stuff up and making threats, but it's unlikely to go further
▼ + stars: | 2024-10-15 | by ( Hannah Abraham | ) www.businessinsider.com time to read: +4 min

North Korea destroyed parts of roads and rail lines connecting it with South Korea. It comes after North Korea last week accused South Korea of flying drones over its capital. In response, South Korea fired warning shots within its own border, according to South Korea's Joint Chiefs of Staff. The detonations come after North Korea last week accused South Korea of flying drones over its capital Pyongyang. Howell added that historically, North Korea has stepped up provocations during US election years.

Persons: —, Jim Hoare, Kim Jong, Kim Yo Jong, Edward Howell, Howell, ", Hoare, Peter Ward Organizations: North, Service, South Korea's, Chiefs, Staff, Inter, Korean, Office, Bloomberg, Korea, Chatham House, Bloomberg Economics, Sejong Institute, Financial Times Locations: Korea, South Korea, North Korea, South, British, Kaesong, Korean, Pyongyang, North, Seoul

☆ Asian semiconductor stocks rise after shares of AI chip darling Nvidia hit a record high
▼ + stars: | 2024-10-15 | by ( Anniek Bao | In | ) www.cnbc.com time to read: +1 min

Asian chip stocks rose on Tuesday after Nvidia closed at a record high overnight as the chip company continues to ride the massive artificial intelligence wave. Stocks tied to Nvidia suppliers as well as other chip companies advanced as the bullish investor sentiment spilled over. Shares of South Korean chipmaker SK Hynix, which manufacturers high bandwidth memory chips for AI applications, for Nvidia surged 2.5%. Samsung Electronics, which is expected to be manufacturing HBM chips for some Nvidia products, saw its shares rise 0.5%. Japanese semiconductor manufacturing firm Tokyo Electron surged 5%, testing equipment supplier Advantest gained 3.6% and Renesas Electronics rose over 4%.

Persons: Stocks Organizations: Nvidia, Korean chipmaker SK Hynix, Samsung Electronics, Taiwan Semiconductor Manufacturing Company, Hai Precision Industry, Tokyo, Advantest, Renesas Electronics, SoftBank Group

☆ North Korea to blow up cross-border roads with the South, Seoul says
▼ + stars: | 2024-10-14 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +3 min

SEOUL, South Korea — North Korea is getting ready to blow up roads that cross the heavily militarized border with South Korea, Seoul said Monday, amid an escalating war of words after the North accused its rival of sending drones over its capital, Pyongyang. North Korea on Friday accused South Korea of sending drones to scatter a “huge number” of anti-North leaflets over Pyongyang, in what it called political and military provocation that could lead to armed conflict. The North Korean army said last week that it would completely cut roads and railways connected to South Korea and fortify the areas on its side of the border, KCNA reported. North Korea over the weekend warned of a “horrible disaster” if South Korean drones were again found to be flying over Pyongyang. South Korea has sought to strengthen its anti-drone defenses since 2022, Lee said, when five North Korean drones entered its airspace and flew over the capital, Seoul, for several hours.

Persons: Lee Sung, Kim Yo Jong, Kim Jong Un, mongrels, ”, Lee, Lee Kyoung Organizations: South’s, Chiefs of Staff, South Korean, Yankees, North, Jungwon University Locations: SEOUL, South Korea, North Korea, Seoul, Pyongyang, North, Korea, United States, Washington

In April this year, she became the only South Korean shooter to qualify in two events for the Paris Olympics – 10-meter air pistol and 25-meter pistol – after finishing second in both events in the Korean national trials. Kim finished with 241.3 points, falling 1.9 points short of Oh, but she remembers it as “a very happy moment. Since Kim took up shooting, South Korea has seen several heroes in the sport, such as Jin Jong-oh, who won four golds and two silvers across five Olympics, and Kim Jang-mi, who won a gold at the 2012 London Olympics. At the Paris Olympics, South Korea won the most shooting medals at the Games in the country’s history with three golds and three silvers. “Just wait, mommy will win the gold,” Kim promised.

Persons: Kim Ye, ”, Kim, “, Charlie Miller, CNN Kim, Kwak Min, Kwak, He’s, Charles McQuillan, Oh Ye, It’s, refocusing, ” Kim, Louis Vuitton, Elon Musk, Alain Jocard, “ I’m, Jin Jong, Kim Jang, mommy Organizations: CNN, CNN Sport, Banners, South, Office, Paris Olympics, Korean, Paris, Games, Givenchy, Getty, South Korea Locations: North Jeolla Province, Seoul, Imsil, South Korean, Baku, Azerbaijan, Paris, South Korea, Asia, AFP, India

☆ North Korea accuses South of flying drones over Pyongyang
▼ + stars: | 2024-10-11 | by ( Gawon Bae | Pauline Lockwood | ) edition.cnn.com time to read: +2 min

CNN —North Korea accused South Korea of flying propaganda-filled drones over Pyongyang and threatened “retaliation,” state media reported Friday. South Korea’s Joint Chief of Staff did not confirm or deny the accusations but urged North Korea to “not to act rashly” and said “all responsibility for the recent series of developments lies with North Korea,” referring to trash-laden balloons Pyongyang has been continuously sending to the South. North Korea’s state-run KCNA published images of what it claimed to be a drone as well as pictures of leaflets that said “a comparison of the food you can buy,” and “North Korea’s economic situation falling into hell.”. CNN cannot independently confirm the presence of drones in North Korean airspace. And iIn 2022, North Korea sent five drones into South Korea, four of which flew around Ganghwa island and another that flew over capital Seoul’s northern airspace.

Persons: rashly ”, Kim Jong, Kim Yo Jong, North Organizations: CNN, Korea’s, Staff, Pyongyang ”, South, North, South Korean, North Korean Locations: Korea, South Korea, Pyongyang, North Korea, Korea’s, Korean, South Korean, Seoul, Ganghwa

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