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China’s EV supply chain dominance risks ‘collapse’ of US subsidies, warns South Korea
ft.com/content/7a7ba474-7068-46fc-89da-19d87e83f9d3
Quick Glance: South Korea Warns of Collapse of US Subsidies Due to Chinese EV Supply Chain Dominance
- China’s grip on the EV supply chain threatens US subsidies, warns South Korea.
- South Korea warns that China’s control over a crucial battery material will make it nearly impossible for any electric vehicle makers to qualify for President Joe Biden's subsidy scheme.
- The United States announced last week that they will provide up to $6.4 billion in federal subsidies to the South Korean technology giant Samsung Electronics, investing $40 billion in its Texas facilities for cutting-edge logic chips, advanced packaging, and next-generation chip technology research and development.
South Korea men's soccer team falls to Indonesia, misses Paris Olympics: DOHA, Qatar (AP) -- South Korea will miss the men's soccer tournament at the ...
asia.nikkei.com/Spotlight/Sports/South-Korea-men-s-soccer-team-falls-to-Indonesia-misses-Paris-Olympics
Quick Glance: South Korea's Olympic Qualification Hopes Dashed by Indonesia Defeat
- South Korea's men's soccer team will miss out on the Olympic football tournament for the first time since 1984 after a loss to Indonesia in the Under-23 Asian Cup quarterfinals that went to a penalty shootout.
- Indonesia secured a spot in the last four teams by winning the penalty shootout 11-10, with the game ending 2-2 after extra time.
- Despite Jeong Sang-bin's equalizer with 14 minutes left, and being down to 10 players due to a red card for Lee Young-jun, Lee Kang-hee missed his shot in the shootout, allowing Pratama Arhan to score the winning goal.
- Japan emerged victorious against host Qatar in a 4-2 extra-time win, maintaining their path towards an eighth consecutive Olympic appearance. Saudi Arabia will face Uzbekistan, and Iraq will meet Vietnam. The fourth-placed team will have a playoff against Guinea in May to secure a place in Paris.
North Korea test-fires multiple rocket launchers to scare 'enemy': In a bid to show its military might to the world, especially its principal enemy South Korea ...
thenews.com.pk/latest/1182447-north-korea-test-fires-multiple-rocket-launchers-to-scare-enemy
Quick Glance: Kim Jong Un's Rocket Tests and Possible Russian Assistance
- Kim Jong Un oversaw tests for a rocket capable of hitting Seoul in South Korea and potentially aiding Russia in the conflict with Ukraine.
- The 240-millimeter multiple rocket launcher has an estimated range of 40 to 60 kilometers and could enhance the artillery capabilities of the Korean People's Army.
- Experts suggest the rocket could be significant for export, such as to Russia, and useful in the war in Ukraine.
- Despite denials of an arms deal, reports indicate North Korea has been shipping military equipment to Russia, possibly indicating collaboration between the two countries.
Smaller towns in South Korea bear brunt of doctors’ shortage
reut.rs/3wdhLFh
Quick Glance: Smaller Towns in South Korea Struggle with Doctor Shortage
- Hospitals in South Korea's smaller cities are facing a shortage of physicians as a nationwide strike by trainee doctors continues to protest plans to increase medical school admissions.
- While Seoul has top-tier hospitals, smaller towns are suffering from a lack of doctors, exacerbated by an aging population and the world's lowest birth rates.
- South Korea has one of the lowest doctor-to-patient ratios among developed countries, prompting government efforts to increase medical school enrollments, a move met with resistance from trainee doctors and medical groups.
- Addressing the shortage of doctors in underserved areas and preventing them from clustering in Seoul requires not just an increase in doctor numbers but also policy changes, according to experts in the field.
US wants allies to cut chip-related China exports amid Huawei alarm : Washington urges Japan, South Korea and the Netherlands to tighten supply of tools and ...
ft.com/content/4ecea0a7-a5cd-40b0-8a24-b72c1c1a8996
South Korea's public finances no longer a credit rating 'strength', Fitch says: South Korea's public finances are no longer a strength for its sovereign credit ...
reuters.com/markets/asia/south-koreas-public-finances-no-longer-credit-rating-strength-fitch-says-2024-04-26/
South Korea: World Scout Jamboree disaster blamed on government: An independent report says authorities failed to deliver a safe event for thousands of children.
bbc.com/news/world-asia-68902885
Flame-throwing robo-dog can now be yours for under $10k: A robo-dog capable of throwing 30-ft flames from its back might seem the stuff of sci-fi nightmares ...
newatlas.com/robotics/throwflame-thermonator-robot-dog-available/
South Korea prepares new monitoring system to detect illegal stock short selling: South Korea's financial market watchdog said on Thursday it had prepared a new ...
reuters.com/markets/asia/south-korea-prepares-new-monitoring-system-detect-illegal-stock-short-selling-2024-04-25/
Quick Glance: South Korea introduces monitoring system to curb illegal stock short selling
- South Korea's financial market watchdog has developed a new monitoring mechanism to detect illegal short-selling transactions in the stock market. Institutional investors will be electronically processed and filtered through a central detection system to prevent illegal trades.
- South Korea has made various reform efforts to address the 'Korea discount' in the stock market, where domestic companies have lower valuations compared to global peers due to factors like low dividend payouts and opaque governance structures.
- Last November, South Korea imposed a sudden ban on short selling of shares for the first half of the year after discovering illegal trades by foreign investment banks. Authorities stated that the ban would remain until adequate measures are in place to prevent such practices.
- The FSS aims to implement the new monitoring system swiftly after finalizing it, although no specific date was provided for the implementation.
Wealthy Koreans are twice as happy with life as non-rich: bank report : The richer people are, the more satisfied they are with their life and appearance ...
koreatimes.co.kr/www/biz/2024/04/175_373483.html
The US quietly shipped long-range ATACMS missiles to Ukraine: The United States in recent weeks secretly shipped long-range missiles to Ukraine for use in its ...
reuters.com/world/us/us-quietly-shipped-long-range-atacms-missiles-ukraine-2024-04-24/
Quick Glance: USA Provides Ukraine with Long-Range ATACMS Missiles
- The USA delivered short-range ATACMS missiles with extended range to Ukraine to protect the country.
- The delivery was discreet, part of an aid package to maintain Ukraine's operational security.
- The USA previously provided ATACMS missiles with a range of 165 km last year, now supplying missiles with up to 300 km range.
- Germany rejects providing the Taurus missile while the USA offers extensive aid to Ukraine.
South Korean woman conned out of US$50,000 by fake Elon Musk she fell in love with on Instagram
scmp.com/news/asia/east-asia/article/3260197/south-korean-woman-conned-out-us50000-fake-elon-musk-she-fell-love-instagram
Quick Glance: South Korean Woman Falls Victim to $50k Elon Musk Deepfake Scam
- A South Korean woman was convinced to invest 70 million won ($50,770) after watching a fabricated video portraying someone who looked like Elon Musk, the CEO of Tesla, as reported locally on Tuesday.
- Jeong Ji-sun, identified by the pseudonym at KBS, disclosed her experience as a victim of a romance scam on KBS's 'In-Depth 60 Minutes.' During the episode on April 19, Jeong narrated her initial interactions with the scammer posing as Musk.
- Jeong's initial hesitations dissipated swiftly. The scammer forwarded his identification and a workplace photo to Jeong. Moreover, he discussed aspects such as his children and commuting to Tesla or SpaceX via helicopter. He further mentioned his sporadic outreach to fans.
- The program highlighted the prevalent use of AI in these romance scams. The swindler engaged in a form of deception known as 'pig butchering,' as explained by the producer. This approach involves gradually enticing victims to increase their contributions to an apparently legitimate investment before the perpetrator vanishes.
Singer Paul Kim announces marriage : Singer Paul Kim announced on Thursday his marriage via his official website, sharing plans to begin a new life with his ...
koreatimes.co.kr/www/art/2024/04/398_373529.html
North Korea officials visit Iran in a rare public trip: A North Korean delegation led by the cabinet minister for international trade is visiting Iran ...
reuters.com/world/north-korea-officials-visit-iran-rare-public-trip-2024-04-23/
Quick Glance: Kim Leads Rocket Drills for Nuclear Counterattacks
- North Korean leader Kim Jong Un supervised rocket launches simulating nuclear counterattacks.
- The drills showcased the strength of the country's nuclear forces.
- The rockets were described as highly accurate and capable of carrying tactical nuclear warheads.
- The US and South Korea are responding with enhanced military exercises and nuclear deterrence strategies.
Genomic analysis of a species of zooplankton questions assumptions about speciation and gene regulation
phys.org/news/2024-04-genomic-analysis-species-zooplankton-assumptions.html
SK Hynix to invest $3.86 bln in DRAM chip production in South Korea
reut.rs/3Ux58yf
Quick Glance: SK Hynix Anticipates Full Chip Recovery Post Q1 Profit Surprising AI Boom
- SK Hynix anticipates a complete recovery in memory chips due to AI demand, achieving its highest profit in nearly two years by selling advanced DRAM chips with High Bandwidth Memory (HBM) for generative AI chipsets.
- The company surpassed expectations for an operating profit of 1.88 trillion won by LSEG SmartEstimate, stating that the memory market is entering a full recovery cycle.
- SK Hynix is the biggest beneficiary of the explosive increase in AI adoption, serving as the main supplier of HBM chips for Nvidia's graphic processing units training AI systems.
- To outpace competition, SK Hynix announced a $3.87 billion investment to construct an advanced chip packaging plant in Indiana with an HBM chip line and research and development for AI products.
South Korea Q1 GDP growth smashes estimates, but outlook's uncertain: The South Korean economy grew at the fastest pace in more than two years in the first ...
reuters.com/markets/asia/south-korea-q1-gdp-13-qq-beating-forecast-2024-04-24/
Quick Glance: South Korea Q1 GDP Growth Exceeds Estimates
- The South Korean economy grew faster than expected in the first quarter, driven by an increase in domestic consumption and robust exports. However, the sustainability of the recovery was questioned.
- GDP for the January-March quarter grew by 1.3%, marking the sharpest expansion since the fourth quarter of 2021 and surpassing all forecasts.
- Growth in domestic demand was the main factor behind the stronger-than-expected GDP, with private consumption increasing by 0.8%. Analysts expressed uncertainty regarding the long-term strength of economic growth.
- Despite a rebound in exports and an increase in government spending, uncertainty remains regarding inflation outlook and monetary policy, as the Bank of Korea reconsiders its economic growth projections for 2024.
Yeast study offers possible answer to why some species are generalists and others specialists
phys.org/news/2024-04-yeast-species-generalists-specialists.html
Research investigates radio emission of the rotating radio transient RRAT J1854+0306
phys.org/news/2024-04-radio-emission-rotating-transient-rrat.html
Somehow This $10,000 Flame-Thrower Robot Dog Is Completely Legal in 48 States: Meet Thermonator. It blasts fire up to 30 feet and has Bluetooth.
arstechnica.com/gadgets/2024/04/you-can-now-buy-a-flame-throwing-robot-dog-for-under-10000/
How US allies are preparing for a possible second Trump term - Asia & Pacific - The Jakarta Post
thejakartapost.com/world/2024/04/25/how-us-allies-are-preparing-for-a-possible-second-trump-term.html
Retired Indonesian diplomat embarks on journey as artist in Korea : Nuradi Noeri, 60, a retired Indonesian diplomat, is now in Korea passionately pursuing his ...
koreatimes.co.kr/www/culture/2024/04/262_373225.html
K-pop giant HYBE shares take another hit as dispute with NewJeans label drags on: A South Korean music executive credited with creating popular K-pop group ...
reuters.com/business/media-telecom/k-pop-giant-hybe-shares-take-another-hit-dispute-with-newjeans-label-drags-2024-04-26/
LG Energy Solution to minimise capex this year due to slow EV demand: South Korean battery maker LG Energy Solution (LGES) said on Thursday it plans to minimise ...
reuters.com/technology/battery-firm-lg-energy-solution-q1-profit-plunges-weak-ev-sales-2024-04-25/
Scientists map soil RNA to fungal genomes to understand forest ecosystems: If a tree falls in the forest—whether or not anyone registers the sound—one thing is ...
phys.org/news/2024-04-scientists-soil-rna-fungal-genomes.html
Mantle heat may have boosted Earth's crust 3 billion years ago: Little is known about the nature and evolution of Earth's continental crust before a few billion ...
phys.org/news/2024-04-mantle-boosted-earth-crust-billion.html
Record giant HYBE audits 'NewJeans' label as infighting returns to K-pop: South Korea's largest music company is auditing the management of one of its labels as ...
reuters.com/lifestyle/record-giant-hybe-audits-newjeans-label-infighting-returns-k-pop-2024-04-24/
High schooler praised for returning $1,000 found on street : A high school student's display of honesty has garnered widespread attention after she returned 1 ...
koreatimes.co.kr/www/nation/2024/04/113_373493.html
How evolution has optimized the magnetic sensor in birds: Migratory birds are able to navigate and orientate with astonishing accuracy using various mechanisms ...
phys.org/news/2024-04-evolution-optimized-magnetic-sensor-birds.html
Korean Crypto Boom: Upbit Now a Top Global Exchange by Volume: The beating heart of the crypto bull market sweeping the world isn’t Miami, Paris or the Middle ...
bloomberg.com/news/articles/2024-04-25/korean-crypto-boom-upbit-is-now-a-top-global-exchange-by-volume
Paid articlePaid
South Korea Property Rout Sparks Fear of Private Credit Crisis: South Korea is emerging as a closely watched weak link in the $63 trillion world of shadow ...
bloomberg.com/news/articles/2024-04-22/south-korea-property-rout-sparks-fear-of-private-credit-crisis
How do birds flock? Researchers do the math to reveal previously unknown aerodynamic phenomenon
phys.org/news/2024-04-birds-flock-math-reveal-previously.html
Exclusive: South Korea considers easing bond market reporting rules, sources say: South Korea is considering easing real-time reporting requirements for ...
reuters.com/markets/asia/south-korea-considers-easing-bond-market-reporting-rules-sources-say-2024-04-24/
Quick Glance: South Korea Contemplates Easing Bond Market Reporting Rules
- South Korea is considering relaxing reporting requirements for investors in the bond market to facilitate inclusion in FTSE Russell's global bond index.
- Proposed changes may reduce reporting to once or twice daily and address a later reporting deadline.
- Easing these regulations could enhance the prospects of South Korean bonds being included in FTSE Russell's WGBI and attract billions of dollars in capital inflows.
- Recent reforms in South Korea aim to improve foreign investor access, including the elimination of a 30-year-old rule for foreign stock traders.
LG Energy Solution to license out battery patents to block tech infringement, exec says
reuters.com/technology/lg-energy-solution-license-out-battery-patents-block-tech-infringement-exec-says-2024-04-24/
South Korean court hears children's climate change case against government: South Korea's Constitutional Court began hearing on Tuesday a case that accuses the ...
reuters.com/business/environment/south-korean-court-hears-childrens-climate-change-case-against-government-2024-04-23/
Quick Glance: South Korean Court Deliberates Children's Climate Change Lawsuit Against Government
- Environmental activist Choi Jia, alongside her younger sibling Choi Heewoo, participates in a press briefing preceding the initial hearing concerning petitions asserting that the government infringed upon their human rights due to an inadequate approach to climate change.
- A public hearing regarding a lawsuit brought by twenty-four young environmental activists against the government commenced in one of South Korea's top judicial bodies on Tuesday. The plaintiffs argue that the government's negligence in addressing climate change left them unprotected.
- Maintaining that South Korea's current climate strategies fall short in containing the temperature rise to 1.5 degrees Celsius, the plaintiffs claim this breaches the state's duty to safeguard fundamental rights. Scientists caution about the dire consequences of surpassing a 1.5C temperature increase.
- During the legal proceedings, the government asserted its commitment to minimizing carbon emissions and upholding its citizens' basic rights. Nevertheless, activists expressed dissatisfaction with the government's response and urged for more concrete actions against climate change.
Thiol-ene click reaction offers a novel approach to fabricate elastic ferroelectrics
phys.org/news/2024-04-thiol-ene-click-reaction-approach.html
North Korea hacking teams hack South Korea defence contractors - police: Major North Korean hacking groups have mounted "all-out" cyber attacks against South ...
reut.rs/3U91GIM
Scientists discover method to prevent coalescence in immiscible liquids: A team of chemical engineers from Université PSL, CNRS, Harvard University and chemical ...
phys.org/news/2024-04-scientists-method-coalescence-immiscible-liquids.html
Elon Musk impersonator tells Korean woman he loves her, dupes her of $50,000
deccanherald.com/world/elon-musk-impersonator-tells-korean-woman-he-loves-her-dupes-her-of-50000-2996137
Demonstration of heralded three-photon entanglement on a photonic chip: Photonic quantum computers are computational tools that leverage quantum physics and ...
phys.org/news/2024-04-heralded-photon-entanglement-photonic-chip.html
Hank Bank team serves guest workers in Korea: Banking services for guest workers are becoming increasingly crucial, as more foreign workers are entering and are ...
koreatimes.co.kr/www/biz/2024/04/126_373411.html
Crypto.com delays Korean market entry indefinitely : Crypto.com's entry into the Korean market has been delayed indefinitely due to regulatory issues.
koreatimes.co.kr/www/biz/2024/04/816_373373.html
Everland celebrates spring with historic flower festivals: YONGIN, Gyeonggi Province — Everland, Korea's largest theme park, greets springtime picnickers with ...
koreatimes.co.kr/www/culture/2024/04/141_373444.html
Managers at Samsung now have to work six days instead of five: Due to the poor business figures in 2023, a "sense of crisis" is to be conveyed ...
derstandard.at/story/3000000216674/fuehrungskraefte-bei-samsung-muessen-nun-sechs-statt-fuenf-tage-arbeiten
Wild Card: The Bloomberg Open, Asia Edition: Good morning. Stocks bounced back ahead of tech earnings. South Korea’s shadow banking sounds alarm ...
bloomberg.com/news/newsletters/2024-04-22/wild-card-the-bloomberg-open-asia-edition
Record-breaking heat and humidity predicted for tropics this summer: A new statistical analysis of the interaction between El Niño and rising global temperatures ...
phys.org/news/2024-04-humidity-tropics-summer.html
The secret to saving old books could be gluten-free glues: "Bookworm" is a cute thing to call a voracious reader, but actual bookworms—as well as ...
phys.org/news/2024-04-secret-gluten-free.html
U.S. official says Kishida and Yoon deserve Nobel Peace Prize: WASHINGTON/SEOUL -- A senior U.S. official said Wednesday that the leaders of Japan and South ...
asia.nikkei.com/Politics/Japan-South-Korea-ties/U.S.-official-says-Kishida-and-Yoon-deserve-Nobel-Peace-Prize
Paid articlePaid
Record giant HYBE audits 'NewJeans' label as infighting returns to K-pop: South Korea's largest music company is auditing the management of one of its labels as ...
reuters.com/lifestyle/record-giant-hybe-audits-newjeans-label-infighting-returns-k-pop-2024-04-24/
Awarding-winning Korean literary gems on show at COEX: An array of award-winning Korean literary gems, from a novel recounting the horrors of Jeju Island’s 1948 ...
koreatimes.co.kr/www/culture/2024/04/142_373499.html
Think you understand evaporation? Think again, says MIT: We all know that water evaporates when the temperature climbs, but researchers have just shown that ...
newatlas.com/physics/mit-evaporation-experiment/
Latvian ambassador reflects on 20th anniversary of EU, NATO membership : Latvian Ambassador to Korea Aris Vigants said the Baltic nation's strategic decision to ...
koreatimes.co.kr/www/nation/2024/04/120_373490.html
South Korean sentenced to 14 months in jail for killing 76 cats: SEOUL: A South Korean man has been sentenced to 14 months in prison for killing 76 cats in one ...
channelnewsasia.com/asia/south-korean-man-sentenced-14-months-jail-killing-76-cats-4285821
Scientists say voluntary corporate emissions targets not enough to create real climate action
phys.org/news/2024-04-scientists-voluntary-corporate-emissions-real.html
DreamWorks Animation’s ‘The Wild Robot’ Will Go One Week Later In The Fall: 'The Wild Robot': DreamWorks Animation Movie To Open on Sept. 27
deadline.com/2024/04/the-wild-robot-release-date-1235893235/
IRIS beamline at BESSY II gets a new nanospectroscopy end station: The IRIS infrared beamline at the BESSY II storage ring now offers a fourth option for ...
phys.org/news/2024-04-iris-beamline-bessy-ii-nanospectroscopy.html
South Korea's economy likely saw steady economic growth in Q1: Reuters poll: South Korea's economy likely grew 0.6% last quarter, maintaining the same pace of ...
reuters.com/markets/asia/south-koreas-economy-likely-saw-steady-economic-growth-q1-2024-04-23/
Video: Spacious bubble-sub lets you tour the sea floor in first class: The public (at least the rich public) will soon be able to take a break from their luxury ...
newatlas.com/marine/triton-luxury-submarine-660-9-ava-scenic-cruise/
Hunting for the elusive: IceCube observes seven potential tau neutrinos: Researchers at the IceCube Neutrino Observatory in Antarctica have found seven signals ...
phys.org/news/2024-04-elusive-icecube-potential-tau-neutrinos.html
Previous theory on how electrons move within protein nanocrystals might not apply in every case
phys.org/news/2024-04-previous-theory-electrons-protein-nanocrystals.html
Study suggests that cells possess a hidden communication system: Cells constantly navigate a dynamic environment, facing ever-changing conditions and challenges ...
phys.org/news/2024-04-cells-hidden-communication.html
Seoul studies $99K cash incentive for each child born: If implemented, it would be South Korea's most generous baby incentive ever.
straitstimes.com/asia/east-asia/seoul-studies-99k-cash-incentive-for-each-child-born
South Koreans sue government over climate change, saying it's violating human rights
npr.org/2024/04/24/1246784475/south-korea-lawsuit-government-climate-change-violating-human-rights
A shortcut for drug discovery: Novel method predicts on a large scale how small molecules interact with proteins
phys.org/news/2024-04-shortcut-drug-discovery-method-large.html
Police operation: Store opening of Berlin brand 032c in Seoul calls for law enforcement officers
berliner-zeitung.de/stil-individualitaet/polizei-einsatz-store-opening-von-berliner-marke-032c-in-seoul-ruft-ordnungshueter-auf-den-plan-li.2209134
As young South Koreans struggle to find work, training centres aim to better their chances
channelnewsasia.com/asia/south-korea-jobless-unemployed-training-centre-better-chances-4294866
Lee Ji-ah to host season finale of 'SNL Korea' : Actor Lee Ji-ah will host the season finale of 'SNL Korea' on Coupang Play, showcasing her diverse ...
koreatimes.co.kr/www/art/2024/04/398_373491.html
South Korean nuclear fusion reactor sets new record, and other technology news you need to know
weforum.org/agenda/2024/04/nuclear-fusion-record-technology-news-april-2024/
Imaging technique shows new details of peptide structures: A new imaging technique developed by engineers at Washington University in St. Louis can give ...
phys.org/news/2024-04-imaging-technique-peptide.html
F-4 Phantoms Conduct Final Popeye Missile Firing Before South Korea Bids Them Farewell
twz.com/news-features/f-4-phantoms-conduct-phinal-popeye-missile-live-fire-before-south-korea-bids-them-pharewell
Researchers develop eggshell 'bioplastic' pellet as sustainable alternative to plastic
phys.org/news/2024-04-eggshell-bioplastic-pellet-sustainable-alternative.html
Spintronics research shows material's magnetic properties can predict how a spin current changes with temperature
phys.org/news/2024-04-spintronics-material-magnetic-properties-current.html
I Wanted to Love Dyson’s New $1,200 Robot Vacuum. But Our $130 Budget Pick Cleans My Home Better.
nytimes.com/wirecutter/reviews/new-dyson-robot-vacuum/
Electron videography captures moving dance between proteins and lipids: In a first demonstration of "electron videography," researchers have captured a ...
phys.org/news/2024-04-electron-videography-captures-proteins-lipids.html
Creatine found to improve cognitive performance during sleep deprivation: Creatine is a popular dietary supplement in the sports community that is used to ...
medicalxpress.com/news/2024-04-creatine-cognitive-deprivation.html
South Korea, Romania pledge defence cooperation amid reports of contract in works
reuters.com/world/south-korea-romania-pledge-defence-cooperation-amid-reports-contract-works-2024-04-23/
Convenience stores become popular sales platform for small gold bars : Amid rising gold prices, Koreans are hoarding gold sold at convenience stores as an ...
koreatimes.co.kr/www/biz/2024/04/126_373482.html
Study shines light on properties and promise of hexagonal boron nitride, used in electronic and photonics technologies
phys.org/news/2024-04-properties-hexagonal-boron-nitride-electronic.html
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