Business Standard

Page 8 - South Korea

Korean Air to stop serving cup noodles to economy passengers. Here's why

Ranked as the 11th best airline in the world for 2024, Korean Air is among many airlines re-evaluating their services due to the increased risk of turbulence

Korean Air to stop serving cup noodles to economy passengers. Here's why
Updated On : 02 Aug 2024 | 3:21 PM IST

Squid Game Season 2 release date out, Season 3 coming in 2025 on Netflix

Squid Game Season 2 coming: Netflix confirms the release date of its much-awaited Korean series Squid Game, announcing the second and final seasons

Squid Game Season 2 release date out, Season 3 coming in 2025 on Netflix
Updated On : 02 Aug 2024 | 2:46 PM IST

Super 30 founder Anand Kumar to be Honorary Ambassador of Korea Tourism

Super 30 founder Anand Kumar will be 'Honorary Ambassador of Korea Tourism' for 2024. The agreement in this regard was signed by Myong Kil Yun, Regional Director, India & SAARC countries, Korea Tourism Organization (KTO) and Anand Kumar in New Delhi on Wednesday, said a statement issued by Super 30 here on Thursday. "Kumar, who has been quite popular in South Korea due to his pioneering Super 30 initiative, also saw the best-seller book on his life published in Korean language. The popular movie 'Super 30' was also made on the life of Kumar," said Myong Kil Yun. The choice of Kumar as the Honorary Ambassador of Korea Tourism is significant to boost ties with Korea through cultural exchanges and opening avenues for students, said, Myong Kil Yun. Korea has also come up with the Korea Super 30 travel packages to let the young students visit the country without hassles and explore the opportunities and get acquainted with the culture, he said, adding Kumar's pioneering initiative in ..

Super 30 founder Anand Kumar to be Honorary Ambassador of Korea Tourism
Updated On : 01 Aug 2024 | 3:42 PM IST

Paris Olympics: S Korea tops host nation to win 3rd men's team archery gold

A fired-up home crowd couldn't push France past the South Korean juggernaut in the men's team archery final. The first set finished with a score of 57-all, but South Korea took the second 59-58 and the third 59-56 to win 5-1 overall on Monday at Les Invalides. Kim Woo-jin, Kim Je-deok and Lee Woo-seok won the third straight team gold for South Korea. French fans waved their flags feverishly throughout the final and brought the noise whenever one of their archers hit a 10. Even after things clearly were going South Korea's way in the third set, the French fans remained engaged. While we were facing the French team, there was a lot of cheers from the audience," South Korea's Kim Woo-jin said. "That was the biggest challenge. Kim Woo-jin was on the past three winning teams but he has not claimed individual gold. He will compete for that on Aug. 4. He also will participate in the mixed team competition on Aug. 2. I think that some of my first initial goals are already met because tho

Paris Olympics: S Korea tops host nation to win 3rd men's team archery gold
Updated On : 30 Jul 2024 | 11:58 AM IST

Olympics: South Korean athletes introduced as North Koreans, IOC apologises

The International Olympic Committee attributed the mistake to a 'human error' and expressed deep regret over the incident

Olympics: South Korean athletes introduced as North Koreans, IOC apologises
Updated On : 30 Jul 2024 | 11:44 AM IST

South Korea provides $400 million to small biz hit by Qoo10 payment delays

Missed payments by the e-commerce platforms have grown to around 210 billion won ($152 million), the government estimates

South Korea provides $400 million to small biz hit by Qoo10 payment delays
Updated On : 29 Jul 2024 | 1:18 PM IST

Olympics 2024: S Korea edges China to win 10th straight gold in archery

With the help of a magnifying glass, South Korea edged China in women's team archery to win its 10th straight gold medal. The score was tied in the final after regulation, forcing a shoot-off. The score appeared to be tied again after the shoot-off, until an official checked with the magnifying glass. Jeon Hun-young and Lim Si-hyeon were ruled to have scored 10 instead of 9 on their shots, giving South Korea a 29-27 win in the shoot-off and a 5-4 win overall. At the moment of the shoot-off, we tried not to think too much," Jeon said. "As we'd prepared before, we were able to do it (just) as we prepared. We have this teamwork, and we only focus on what we can do in the moment, and we don't worry too much. China had high hopes of breaking through after defeating South Korea at the Archery World Cup in 2023. The Olympic Games are a little bit different," China's Yang Xiaolei said. "They are more comprehensive. But we keep focusing on what we do, and it has already proved a lot for us

Olympics 2024: S Korea edges China to win 10th straight gold in archery
Updated On : 29 Jul 2024 | 11:56 AM IST

US, Japan, and South Korea boost ties, ink security cooperation treaty

Kihara, Austin and Shin had agreed to institutionalize trilateral security cooperation when they last met in June in Singapore

US, Japan, and South Korea boost ties, ink security cooperation treaty
Updated On : 29 Jul 2024 | 7:14 AM IST

South Korea seeks to lower inheritance tax in first revision since 2000

High inheritance taxes have been cited by analysts as a factor behind the "Korea discount", which refers to South Korean firms' comparatively lower valuations.

South Korea seeks to lower inheritance tax in first revision since 2000
Updated On : 25 Jul 2024 | 1:23 PM IST

North Korea drops trash balloons near President's compound in South Korea

Since May, North Korea has dropped more than 2,000 balloons filled with wastepaper, scraps of cloth, cigarette butts, and manure on South Korea

North Korea drops trash balloons near President's compound in South Korea
Updated On : 24 Jul 2024 | 4:06 PM IST

N Korea's trash balloons fall on South Korea's presidential office compound

Yonhap news agency says North Korean trash-carrying balloons have fallen on the compound of South Korea's presidential office. Yonhap gave no further details. But other South Korean media reported the balloons have caused no damages. South Korea's military earlier said North Korea flew more balloons likely carrying trash toward South Korea on Wednesday. It said the North Korean balloons were flying north of Seoul on Wednesday morning after crossing the border. North Korea flew more balloons likely carrying trash toward South Korea on Wednesday, Seoul officials said, days after South Korea boosted its frontline broadcasts of K-pop songs and propaganda messages across the rivals' heavily armed border. The tit-for-tat Cold War-style campaigns between the Koreas are inflaming tensions on the Korean Peninsula, with the rivals threatening stronger steps and warning of grave consequences. South Korea's Joint Chiefs of Staff said in a statement the North Korean balloons were flying north

N Korea's trash balloons fall on South Korea's presidential office compound
Updated On : 24 Jul 2024 | 12:20 PM IST

South Korean Supreme Court grants same-sex couples a health insurance break

The country's highest court ruled that denying a same-sex couple dependent coverage solely based on their gender constitutes serious discrimination

South Korean Supreme Court grants same-sex couples a health insurance break
Updated On : 19 Jul 2024 | 1:44 PM IST

THE K-craze: FMCG companies to restaurants, all ride 'Hallyu Wave'

Companies expand offerings beyond noodles, trade witnessing a food twist

THE K-craze: FMCG companies to restaurants, all ride 'Hallyu Wave'
Updated On : 19 Jul 2024 | 12:03 AM IST

Senior North Korean diplomat based in Cuba defects to South Korea

Any high-level defection can be an intelligence bonanza for South Korea, allowing it to look at the workings of North Korea's secretive government

Senior North Korean diplomat based in Cuba defects to South Korea
Updated On : 16 Jul 2024 | 10:31 AM IST

Sister of Kim Jong hints at resuming flying trash balloons toward S Korea

The powerful sister of North Korean leader Kim Jong Un vowed Sunday to respond to what she called a fresh South Korean civilian leafleting campaign, signalling North Korea would soon resume flying trash-carrying balloons across the border. Since late May, North Korea has floated numerous balloons carrying waste paper, scraps of cloth, cigarette butts and even manure toward South Korea on a series of late-night launch events, saying they were a tit-for-tat action against South Korean activists scattering political leaflets via their own balloons. No hazardous materials have been found. South Korea responded by suspending a 2018 tension-reduction deal with North Korea and resumed live-fire drills at border areas. In a statement carried by state media, Kim Yo Jong said that dirty leaflets and things of (the South Korean) scum were found again in border and other areas in North Korea on Sunday morning. Despite the repeated warnings of (North Korea), the (South Korean) scum are not ...

Sister of Kim Jong hints at resuming flying trash balloons toward S Korea
Updated On : 14 Jul 2024 | 2:41 PM IST

India-Korea to hold next round of FTA review meeting from Jul 17 in Seoul

With talks to upgrade the existing India-Korea free trade agreement (FTA) moving forward, senior officials of both countries will hold the next round of negotiations from Wednesday in Seoul, an official said. The agreement, dubbed as comprehensive economic partnership agreement (CEPA), was operationalised in January 2010. So far, 10 rounds of review talks have been concluded. The Indian team "will visit Seoul from July 17-19" for the next round of review meetings, the official added. "In the 11th round, both the sides would discuss the broad contours for closing the deal," the official said, adding that Korea is keen to conclude the negotiations this year. The two countries have sought greater market access for certain products, which are under the negative list of the agreement. No customs duty concessions are granted for the goods under this list. The Department of Commerce has engaged with different ministries, including heavy industries, steel, and chemicals, to prepare the of

India-Korea to hold next round of FTA review meeting from Jul 17 in Seoul
Updated On : 14 Jul 2024 | 1:19 PM IST

US, South Korea sign joint nuclear guidelines amid North Korean threats

The US and South Korea signed joint nuclear deterrence guidelines, weeks after North Korea and Russia struck a defence pact that deepened concerns in the region about the North's growing nuclear threats. Meeting Thursday on the sidelines of a NATO summit in Washington, President Joe Biden and South Korean President Yoon Suk Yeol commended what they called the tremendous progress that their countries' alliance have made a year after creating a joint Nuclear Consultative Group. Last year, the US and South Korea launched the bilateral consultation body to enhance information-sharing on nuclear and strategic operations. The US will retain the control of its nuclear weapons, and the body's establishment was meant to ease South Korean worries about North Korean nuclear threats. The two leaders authorised the US-ROK Guidelines for Nuclear Deterrence and Nuclear Operations on the Korean Peninsula that was signed by their defence officials earlier Thursday, according to South Korea's ...

US, South Korea sign joint nuclear guidelines amid North Korean threats
Updated On : 12 Jul 2024 | 12:06 PM IST

N Korea balloons, GPS interference raise safety risks for S Korean airspace

Hundreds of balloons landed in the South during seven waves between May 29 and June 27, including one on a runway at Incheon airport

N Korea balloons, GPS interference raise safety risks for S Korean airspace
Updated On : 10 Jul 2024 | 11:50 AM IST

Why did Denmark ban these spicy noodles from South Korea? Explained

The Danish Veterinary and Food Administration (DVFA) issued an urgent recall of three fiery varieties of the beloved Buldak instant noodles, citing an unexpected chilli overload

Why did Denmark ban these spicy noodles from South Korea? Explained
Updated On : 10 Jul 2024 | 11:17 AM IST

S Korean prez to discuss Pyongyang's 'distinct threat' to Europe at Nato

Seoul would make a decision on weapons support for Ukraine based on how a new military pact between Moscow and Pyongyang plays out

S Korean prez to discuss Pyongyang's 'distinct threat' to Europe at Nato
Updated On : 08 Jul 2024 | 11:21 AM IST