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South Korea News
Japan to tighten curbs on tech material exports to South Korea amid wartime labour row
Mon, Jul 01, 2019
Japan will tighten restrictions on exports of high-tech materials used in smartphone displays and chips to South Korea in response to a South Korean ruling on war-time forced labour, the industry ministry said on Monday.
G20 Summit: PM Modi holds bilateral meeting with Saudi Arabia's Crown Prince and South Korean Prez
Fri, Jun 28, 2019
Prime Minister Narendra Modi held a bilateral meeting with Saudi Arabia's Crown Prince Mohammed bin Salman on the sidelines of the G20 Summit in Japan's Osaka today. Meanwhile, PM Narendra Modi also held bilateral meeting with President of South Korea, Moon Jae-in.
12th KIIT International Chess Festival 2019 to begin in Bhubaneswar
Thu, May 30, 2019
The 12th KIIT International Chess Festival 2019 will be held in Odisha’s Bhubaneswar. The tournament will start from May 31 to June 7. Around 30 countries will participate in the tournament including India, Spain, Russia, USA, Chile, Belgium, South Korea and Japan. The tournament will be jointly organized by All Odisha Chess Association & KIIT deemed to be University under the aegis of All India Chess Federation and World Chess Federation (FIDE). The prize money for the tournament is Rs 25 lakh.
PM Narendra Modi invites more South Korean investment in India
Thu, Feb 21, 2019
India features among the top 10 trade partners of South Korea and is the sixth largest export destination for S Korean goods with the trade volume reaching $21.5 billion in 2018.
Mahindra & Mahindra hikes stake in Ssangyong Motor to 74.65% picks shares worth Rs 316 cr
Wed, Jan 16, 2019
"Pursuant to the above, the shareholding of the company (M&M) in SYMC would increase from 72.46 per cent to 74.65 per cent," M&M said.
Samsung third-quarter profit likely hit record high but chip price falls cast shadow
Fri, Oct 05, 2018
Samsung Electronics Co Ltd said quarterly operating profit likely surged by a fifth to a record high, with its chip unit bolstered by robust demand from data centres and gains in production yields.
Gold imports rise 22% to USD 33.65 billion in 2017-18
Fri, Jul 27, 2018
Increase in gold imports pushed the country's trade deficit to USD 157 billion in the last fiscal, an increase of about 45 per cent as compared to the year ago period.
Apple supplier LG Display slashes investment plans as losses mount
Wed, Jul 25, 2018
LG said it would trim investment by 3 trillion won ($2.7 billion) from what was planned by 2020, without revealing its total or previous capex targets. It also warned that it could adjust production in South Korea and China in response to trade disputes between Washington and Beijing.
PM Narendra Modi says "we have new era of bilateral strategic cooperation" with South Korea
Tue, Jul 10, 2018
Prime Minister Modi said, "When it comes to policies, India's 'Act East Policy' and Republic of Korea's 'New Southern Strategy' have natural common grounds & I welcome the South Korean President's view that India-Republic of Korea relations is the foundation of their New Southern Strategy."
North Korea, South Korea history created; Kim Jong Un and Moon Jae-in commit to denuclearisation in historic summit
Fri, Apr 27, 2018
North Korea, South Korea history created today! North Korea leader Kim Jong Un and South Korea leader Moon Jae-in agreed today to pursue a permanent peace and the complete denuclearisation of the divided peninsula, as they embraced after a historic summit laden with symbolism.
Donald Trump may cause this big calamity to happen, says Standard & Poor's
Mon, Mar 12, 2018
The US had last week raised import duties on steel and aluminium products to 25 per cent and 10 per cent, respectively. According to trade experts, the decision is unlikely to impact exports of these items to America. However, they have expressed fear that such protectionist measures would impact global trade.
Hyundai likely to launch its electric car in India by 2019
Wed, Jan 31, 2018
India’s second largest car maker, Hyundai Motor India Pvt Ltd plans to launch its first electric car in India by 2019, a year earlier than arch rival Maruti Suzuki India Ltd plans to enter the segment, reports Livemint.
2 Indian-American innovation pioneers inducted into Inventors Hall of Fame
Mon, Jan 29, 2018
Paulraj and Mitra along with 13 other innovation pioneers would be formally felicitated during the innovation industry's most highly anticipated event "The Greatest Celebration of American Innovation" on May 2-3 organised in partnership with the US Patent and Trademark Office.
Amazon Web Services opens third Availability Zone in Asia-Pacific
Wed, Jan 24, 2018
In a bid to support the rapid expansion of the AWS customer base in the Asia-Pacific region, Cloud major Amazon Web Services (AWS) on Wednesday announced the opening of a third "Availability Zone" in Singapore.
Bitcoin, rival cryptocurrencies plunge on crackdown fears
Tue, Jan 16, 2018
Bitcoin traded as low as $11,191.59 on the Luxembourg-based Bitstamp exchange
India launches 31 satellites, puts Cartosat-2 into orbit
Fri, Jan 12, 2018
The 44.4-metre tall Polar Satellite Launch Vehicle (PSLV-C40) roared into a clear sky after a perfect lift-off at 9.29 a.m. following a 28-hour countdown.
South Korea to impose new curbs on cryptocurrency trading
Thu, Dec 28, 2017
South Korea had previously announced its plan to tax capital gains from cryptocurrency trading
Samsung scion denies corruption charges as legal appeal nears end
Wed, Dec 27, 2017
The heir to South Korea`s Samsung Group, convicted of bribing the country`s former president, on Wednesday denied allegations of wrongdoing as the appeals trial of his five-year jail term for corruption neared its end.
Global Markets: Asia stocks up on US tax-reform optimism, dollar treads water
Tue, Dec 19, 2017
Global markets have been buffeted in recent weeks by shifting expectations about President Donald Trump`s ability to push through his signature policy.
Some WTO members to push for e-commerce rules as broader deal fails
Thu, Dec 14, 2017
A group of 70 World Trade Organization countries pledged on Wednesday to work toward new electronic commerce trade rules that promote open and predictable regulations, joining the initiative as a broader WTO agreement failed.