Tag: South Korea

South Korea agrees to partial release of blocked Iranian money | Incredible Solutions Tech

South Korea’s move comes after the US reversed two Trump-era moves against Iran. Tehran, Iran – South Korea has agreed to release “a part” of billions of dollars of Iranian money it had blocked in its banks for years because of United States sanctions. In a statement, the Central...

US to probe certain Boeing 777s as Japan grounds some of the | Incredible Solutions Tech

US orders extra scrutiny of Boeing 777s with same type of engine that failed on United Airlines flight forcing return to Denver airport on Saturday. United States aviation regulators announced extra inspections of Boeing Co’s 777 jets using the same type of engine that shed debris over Denver on...

South Korean film Train To Busan remake in works, Timo

Back in September 2020, it was reported that the remake of the popular South Korean film Train To Busan was in works with New Line. At the time, no director was attached to the film. Now, it is being reported that Timo Tjahjanto in talks to direct the remake....

North Korea ‘tried to hack’ Pfizer for COVID-19 vaccine | | Incredible Solutions Tech

South Korea’s intelligence agency says North Korea attempted to steal information on coronavirus vaccines and treatments by hacking Pfizer, the US pharmaceutical firm whose highly effective COVID-19 vaccine is being given to millions of people around the world. North Korea has been under self-imposed isolation since closing its borders...

Seoul questions North Korean man who crossed armed border | | Incredible Solutions Tech

The man was found early on Tuesday near a checkpoint on the eastern end of the heavily fortified Demilitarized Zone. South Korea’s military says it has captured a North Korean man who crossed the heavily fortified border between the two countries and is investigating whether he was attempting to...

South Korea’s jobless rate hits 21-year high as COVID cases | Incredible Solutions Tech

Bleak unemployment picture contrasts sharply with view that South Korea’s economy has outperformed its developed peers. South Korea’s jobless rate surged to its highest in more than two decades, raising concern that an export-driven recovery could be masking a harsher scarring of the economy. The unemployment rate jumped to...

South Korea’s Seoul to test pet cats, dogs for COVID | | Incredible Solutions Tech

First case of infection in pets in South Korea was reported in South Gyeongsang Province in January. Several weeks after South Korea reported its first COVID-19 case involving a pet cat, Seoul will start testing cats and dogs for coronavirus infection if they show symptoms of the illness, an...

Cathie Wood is the ‘Money Tree’ for South Korean retail | Incredible Solutions Tech

In 2021 alone, investors have funnelled almost $11bn to Wood’s family of funds, and her approachable persona draws in market newcomers. In South Korea, retail investors have given Cathie Wood a nickname: “Money Tree.” Looking at the pile of cash now managed by Ark Investment Management, it’s easy to...

In Pictures: Protesters rally for Myanmar’s democracy across | Incredible Solutions Tech

Protests in India, Indonesia and South Korea took place on Friday, with demonstrators calling for the restoration of democracy in Myanmar following a military coup. The solidarity rallies saw people march in Seoul, New Delhi and Jakarta, expressing support for the protesters in Myanmar who demand the release of...

Biden, S Korea’s Moon pledge ‘comprehensive’ N Korea strategy | Incredible Solutions Tech

Two leaders pledge to strengthen US-South Korea alliance during their first phone call since new US president assumed office. US President Joe Biden and his South Korean counterpart, Moon Jae-in have pledged to upgrade their two nations’ alliance and pursue a “comprehensive” strategy on North Korea in a phone...

Iran agrees to release crew of seized South Korean tanker | | Incredible Solutions Tech

The development comes as Tehran urges Seoul to released billions of dollars of Iranian assets frozen in South Korea. The Iranian government says it has agreed to allow the crew members of a South Korean ship it seized last month for alleged environmental pollution to leave the country. “Following...

Samsung Electronics’s vice chairman Jay Y Lee sent back to | Incredible Solutions Tech

The verdict sidelines Jay Y Lee from important decisions at the world’s biggest electronics firm in a time of global uncertainties. A South Korean court has sentenced Samsung Electronics vice chairman Jay Y Lee to two-and-a-half years in prison, with implications for the direction of the technology giant and...

Robots rising: Firms debut fuzzy pets, household helpers at | Incredible Solutions Tech

Exhausted from the isolation, extra chores and sleepless nights of the coronavirus pandemic? Get a robot to help. Firms debuted artificial intelligence-enabled gadgets aimed at making staying home during the COVID-19 crisis easier, safer and less frustrating at this year’s first fully virtual Consumer Electronics Show. Plenty of people...

South Korean sect leader acquitted over COVID case surge | | Incredible Solutions Tech

The secretive Shincheonji Church of Jesus was at the centre of public anger early last year over a surge in cases traced to its followers. The elderly leader of a secretive religious sect at the centre of an early coronavirus outbreak in South Korea has been found not guilty...

South Korea’s unemployment rate hits 11-year high | | Incredible Solutions Tech

The number of people in work slumped at the fastest rate in nearly 21 years as shops, restaurants were slammed by COVID. South Korea’s unemployment rate surged to an 11-year high in December, while the number of people in work plunged at the fastest rate in more than 20...