Live News of South Korea January 29, 2024

North Korea Tests Submarine-Launched Cruise Missiles, KCNA Reports

North Korea recently conducted a test of submarine-launched cruise missiles, according to a statement released by the country's state-run Korean Central News Agency (KCNA). This test marks a significant development in NortRead More

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Kim Jong Un Supervises Test-Firing of Submarine-Launched Cruise Missiles

North Korean leader Kim Jong Un oversaw the test-firings of new cruise missiles designed to be launched from submarines and reviewed efforts to build a nuclear-powered submarine, according to state media reports on Monday.Read More

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Investors Brace for Eventful Week with Fed Decision and Evergrande Liquidation

World markets are entering an eventful week as investors eagerly await key decisions from central banks and closely monitor ongoing developments affecting major economies. The most significant factor influencing markets thRead More

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North Korea Tests Submarine-Launched Cruise Missiles Amid Nuclear Threats

In a display of its increasing military capabilities, North Korea recently conducted a test of new cruise missiles for submarine launches. This test is part of the country's ongoing efforts to flaunt its growing nuclear arRead More

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North Korea Fires Cruise Missiles Near Major Shipyard: South Korean Military

South Korea's military has reported that North Korea has launched a series of cruise missiles off its east coast. These missiles reportedly flew over the waters close to a significant North Korean military shipyard. The reRead More

North Korea Launches Cruise Missiles off East Coast

North Korea has once again raised global tensions by test-firing an array of cruise missiles off its east coast. This act marks yet another provocative move by the reclusive nation in recent months. The missiles were...Read More

North Korea launches more missiles, tensions rise in East Asia

Tensions escalated in East Asia on Sunday as North Korea executed yet another missile test, further straining relations in the region. South Korea has reported that a series of cruise missiles were launched, flying over waRead More

US Unveils Billions in Advanced Chip Subsidies

The United States government is reportedly set to announce a monumental investment in subsidies for advanced chip manufacturing. According to the Wall Street Journal, this move is seen as a significant step to enhance domeRead More

OpenAI CEO Altman to meet Samsung and SK Hynix executives

OpenAI's CEO, Sam Altman, is set to meet with top executives from Samsung and SK Hynix, South Korea's leading chipmakers, on Friday, according to industry sources. This meeting is expected to discuss potential collaboratioRead More

Toothpick fries trend causes health concerns in South Korea

Recently, health authorities in South Korea issued a warning about a new snack trend that has been circulating on social media platforms. The warning advised against consuming fried toothpicks made of starch, which have gaRead More

Russia's Pacific Oil Sales Hindered, Tankers Stranded in Ukraine Crisis

As the ongoing political crisis between Ukraine and Russia continues to escalate, the ripple effects can be felt in unexpected sectors, including the oil industry. Exclusive sources and data reveal that Russia is currentlyRead More

Asian shares lower on slowing inflation, upbeat US economy

Asian shares experienced mixed results on Friday, despite positive news about the U.S. economy. Japan's benchmark index, the Nikkei 225, fell 1.3% after data revealed that inflation was slowing faster than expected. The keRead More

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South Korean Lawmaker Attacked in Seoul Raises Political Concerns

In a shocking incident that highlights the intensifying political polarization in South Korea, a governing party lawmaker was attacked on Thursday and suffered lacerations to her head. The assailant, an unidentified man, sRead More

Arch of Reunification demolished in North Korea, symbolizing strained relations

In a significant development, North Korean leader Kim Jong-un has ordered the demolition of a prominent landmark known as the Arch of Reunification in Pyongyang. Images obtained from satellites reveal the destruction of thRead More

Asian Markets Surge as Beijing Implements Policies to Boost Economy

Asian shares mostly rose on Thursday, following positive movements in Chinese stocks after Beijing unveiled a series of measures to support struggling markets. Hong Kong saw a significant increase of 1.8%, while Shanghai sRead More

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North Korea Destroys Reconciliation Symbol, Fires Cruise Missiles

In a recent development that has raised concerns around the world, North Korea has apparently demolished a significant symbol of reconciliation with South Korea. Satellite photos analyzed by The Associated Press indicate tRead More

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China's Central Bank Stimulus Boosts World Shares; Oil Prices Rise

World shares saw a positive uptick on Wednesday following the announcement from China's central bank regarding fresh measures to boost the country's slowing economy and stabilize financial markets. This move by the People'Read More

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Putin plans North Korea visit amid rising tensions, sparks global concerns

Tensions on the Korean Peninsula are mounting as reports suggest that Russian President Vladimir Putin is planning to visit North Korea for a meeting with leader Kim Jong-un. This comes just days after North Korea's foreigRead More

Apple opens its 100th retail store in South Korea today

Apple Hongdae is now open in South Korea, marking Apple's 100th retail location in the Asia-Pacific region. Located in the bustling university neighborhood of Seoul, this new store offers customers in Korea the opportunityRead More

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Zach Johnson and Alex Noren tied for lead at The American Express

In the world of professional golf, the first round of The American Express tournament in California did not disappoint. US Ryder Cup captain Zach Johnson and Sweden's Alex Noren both took the lead after shooting impressiveRead More