Live News of South Korea November 08, 2024

Fed Cuts Interest Rates To Ease U.S. Economy Pressure

European markets opened higher on Friday following the Federal Reserve's decision to cut interest rates once again in an effort to alleviate pressure on the U.S. economy. Germany's DAX slipped 0.1% to 19,362.32, while in PRead More

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Fishing Boat Capsizes Off South Korea's Jeju Island

A tragic incident unfolded off the coast of South Korea's Jeju island on Friday when a fishing boat carrying 27 crew members capsized and sank. The 129-ton boat, with 16 South Koreans and 11 Indonesians on...Read More

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Stocks Rally As Investors Bet On Trump's Economic Policies

Shares in Asia rebounded on Thursday after early losses, following a surge in U.S. stocks to record highs as investors speculated on the potential impact of Donald Trump's return to the White House on the economy...Read More

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South Korea Cracks Down On Deepfake Porn Surge

South Korea has announced a series of measures aimed at addressing the increasing prevalence of deepfake porn within the country. The government plans to implement stricter punishments for offenders, enhance the use of undRead More

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Ukrainian Troops Engage With North Korean Units In Combat

Ukrainian troops have reportedly engaged with North Korean units deployed to assist Russia in the ongoing conflict with Ukraine. The first official reports of combat between Ukrainian and North Korean forces emerged as UkrRead More

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South Korea Fines Meta $15 Million For Privacy Violations

South Korea's privacy watchdog has imposed a fine of 21.6 billion won ($15 million) on social media giant Meta for unlawfully collecting sensitive personal information from Facebook users. The data collected included detaiRead More

North Korea Fires Ballistic Missile Ahead Of U.S. Election

Just hours before the U.S. election, North Korea reportedly fired at least one ballistic missile into its eastern sea. The exact number of missiles launched and the type of missile remain unclear at this time. It...Read More

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Rio Takeda Wins Toto Japan Classic In Playoff Victory

Rio Takeda of Japan emerged victorious at the LPGA's Toto Japan Classic after a thrilling playoff that lasted six sudden-death holes, ultimately defeating Marina Alex of the United States. This triumph marked Takeda's firsRead More

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South Korea And EU Condemn North Korea's Troop Dispatch

South Korean and European Union officials have strongly condemned North Korea's reported troop dispatch to aid Russia in its war against Ukraine. The alleged deployment of North Korean soldiers threatens to escalate the coRead More

China's Marriage And Birth Rates Plummet Despite Government Efforts

The number of new marriages recorded in China is set to reach a record low this year, according to official data released by the Ministry of Civil Affairs. The decline in marriages, along with a decrease...Read More

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Amber Glenn Wins Maiden Grand Prix Title In France

American figure skater Amber Glenn secured her first-ever Grand Prix title at the Grand Prix de France in Angers. Despite facing challenges during her free skate, including a fall and doubts, Glenn's strong performance inRead More

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Iran Detains Iranian-American Journalist Amid Rising Tensions

An Iranian-American journalist, who previously worked for a U.S. government-funded broadcaster, is believed to have been detained by Iran for several months, as confirmed by the U.S. State Department. Reza Valizadeh, a forRead More

US, South Korea, Japan Conduct Trilateral Drill In Response

On Sunday, the United States conducted a trilateral drill with South Korea and Japan in response to North Korea's recent test-firing of a new intercontinental ballistic missile. North Korea tested the Hwasong-19 ICBM on ThRead More

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North Korean Troop Deployment In Russia Raises Global Concerns

Russia's top diplomat hosted his North Korean counterpart for talks in Moscow amid reports of North Korean troops being sent to Russia to support its military in the war in Ukraine. The Pentagon stated that North...Read More

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US And South Korea Urge China To Prevent Escalation

The United States and South Korea have urged China to leverage its influence over Russia and North Korea to prevent further escalation following reports that Pyongyang has dispatched thousands of troops to aid Moscow in itRead More

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Asian Stocks Mostly Lower, China Markets Exceptionally Positive

Asian stocks experienced a mixed day of trading on Friday, with Japan's benchmark Nikkei leading the losses by dropping over 2% in early trading. This decline was influenced by a sharp fall on Wall Street, driven...Read More

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Hana Wakimoto Leads Toto Classic With Record-Breaking Round

Hana Wakimoto of Japan showcased an impressive performance in the first round of the LPGA's Toto Classic in Japan, taking the lead with a remarkable bogey-free 9-under 63. Her stellar play put her two shots ahead...Read More

North Korea Digs Trenches Across Border Amid Rising Tensions

Recent commercial satellite images have revealed that North Korea has dug at least two large trenches across roads and rail lines on its heavily armed border with South Korea. This development comes after North Korea blewRead More

North Korean Troops Deployed To Russia Raise Global Concerns

The recent deployment of up to 12,000 North Korean troops to Russia has sparked discussions and raised concerns among U.S. and South Korean leaders meeting in Washington this week. The presence of these troops near the...Read More

Asian Shares Decline As Investors Brace For US Election Impact

Asian shares experienced mixed results on Thursday as investors navigated uncertainty ahead of the upcoming United States presidential election on Nov. 5. Japan's Nikkei 225 index dropped by 0.5% to 39,069.20, while AustrRead More