SEOUL: Samsung Electronics Co. said Thursday its operating profit for the last quarter rose by more than 26% as it capped off a robust business year where its dual strength in parts and finished products allowed it to thrive amid the pandemic. But the South Korean tech giant expects its profit to weaken in the … Read more
SEOUL: South Korean authorities announced a ban on year-end parties and some music lessons on Sunday and said public saunas and some cafes must also close after coronavirus infections surged at their fastest pace since the early days of the pandemic. South Korea has been one of the world’s coronavirus mitigation success stories but spikes … Read more
SEOUL: South Korean flag carrier Korean Air said Monday it will buy out its smaller, troubled rival Asiana Airlines in a $1.6 billion deal as it looks to consolidate with the global aviation sector devastated by the coronavirus pandemic. The deal combining South Korea‘s two biggest airlines comes as carriers around the world struggle with … Read more
SYDNEY: Countries across the Asia-Pacific region reported record new coronavirus numbers and fresh outbreaks on Monday, with Japan facing mounting pressure to reimpose a state of emergency and South Korea warning it was at a “critical crossroads“. The resurgence of the virus in Asia comes as travel restrictions are gradually being eased in the region … Read more
SEOUL: North Korean leader Kim Jong Un issued a rare apology Friday over what he described as the “unexpected and disgraceful” killing of a South Korean at sea, Seoul‘s presidential office said. Apologies from the North — let alone attributed to Kim personally — are extremely unusual, and the message comes with inter-Korean ties in … Read more
By Heesu Lee In May, when a coronavirus outbreak hit nightclubs in the South Korean capital of Seoul, health officials quickly unleashed their version of the Navy Seals — elite teams of epidemiologists, database specialists and laboratory technicians. An old-school, shoe-leather investigation showed the virus had jumped from a night-club visitor, to a student, to … Read more
Seoul: North Korean leader Kim Jong Un placed the city of Kaesong near the border with South Korea under total lockdown over coronavirus concerns and declared a state of emergency to contain a potential outbreak, the North’s state media reported Sunday. The step was taken Friday afternoon after a person was found with suspected COVID-19 … Read more