Page 21 - South Korea

Samsung's Jay Y Lee indicted in S Korea on allegations over 2015 merger

The indictment paves the way for Lee, 52, to undergo trial on the allegations

South Korea unveils aggressive spending plans for growth amid Covid19

The finance ministry said total spending will increase 8.5% to record 555.8 trillion won ($468.30 billion) next year

South Korea coronavirus update: 248 new Covid-19 cases push tally to 19,947

South Korea has counted its 18th straight day of triple-digit daily jumps in cases as its health minister warned about an increase in transmissions gone untraced, and infections among senior citizens

Covid-19: South Korea enforces limits on diners, shuts gyms in Seoul

The 17th consecutive day of triple-digit increases brought the national caseload to 19,699, including 323 deaths

World Coronavirus Dispatch: Japan's Shinzo Abe resigns due to poor health

New reckoning for WHO vaccine plan as govts go it alone. South Korea doctors' strike escalates, how will cities transform post pandemic, and other pandemic-related news across the globe

Covid-19: South Korea central bank cuts GDP outlook, open to more stimulus

The Bank of Korea kept the seven-day repurchase rate at a record low of 0.5%, in an unanimous and widely expected decision, after 75 basis points of rate cuts this year

Samsung trials work-from-home as South Korea battles virus resurgence

Samsung Electronics plans to allow some workers in South Korea to work from home under a pilot programme, as the country battles a resurgence in novel coronavirus cases

S Korea reports 441 new Covid cases, highest daily increase since March 7

The number of confirmed cases of COVID-19 in South Korea has risen by 441 to 18,706 over the past day, marking the biggest daily increase since March 7

S Korea central bank holds rates, but cuts GDP forecast on Covid concerns

The Bank of Korea kept the seven-day repurchase rate at a record low 0.50%

Typhoon knocks out power in South Korean homes, barrels North Korea

A typhoon that grazed South Korea, ripping off roofs and knocking out power to more than 1,600 households, made landfall in North Korea early Thursday

North and South Korea brace for strong typhoon

Hundreds of flights were canceled in South Korea while North Korea's leader expressed concern about a potential loss of lives and crops as the countries braced for a fast-approaching typhoon

South Korean govt urges striking doctors to return to work amid pandemic

Health officials in South Korea called on thousands of striking doctors to return to work as the country counted its 13th straight day of triple-digit daily jumps in coronavirus cases

Small shareholders in Samsung Electronics nearly triple this year

The number of small shareholders in global tech giant Samsung Electronics nearly tripled this year amid massive stock investment by local retail investors, data showed on Tuesday

Covid-19: South Korea to ban offline classes in Seoul metropolitan area

South Korea's Education Ministry on Tuesday said that offline classes will be banned in Seoul and its surrounding area amid a resurgence of Covid-19 cases in the capital city's metropolitan area

Apple Korea, under antitrust probe, proposes $84 mn to support small biz

Apple Inc's South Korean unit has proposed measures to address antitrust concerns and offered to provide 100 bn won worth of support programmes for small businesses, consumers and others

With cases at four-month high, South Korea warns of 'massive' Covid risk

An additional 397 new virus cases were reported on Sunday, the highest number since March 7

Govt frames norms to enforce 'rules of origin' for imports under FTAs

The ''rules of origin'' provision prescribes for the minimal processing that should happen in the FTA country so that the final manufactured product may be called originating goods in that country

South Korea mulls nationwide restrictions to cope with Covid-19 resurgence

South Korea is considering national restrictions to cope with a resurgence of coronavirus infections that has seen nine straight days of triple-digit increases in newly confirmed cases. The 332 new cases reported Saturday was the second consecutive day surpassing 300. At a briefing, Prime Minister Chung Sye-kyun said the government is considering expanding to the whole country shutdown measures that have been implemented in the greater Seoul region, which is where the resurgence began. Churches were shut in the capital this week, and social distancing restrictions have been toughened. Nightclubs, karaoke bars, buffet restaurants and computer gaming cafes in the Seoul area have also closed, and spectators are again banned from baseball and soccer games.

South Korea reports 332 new Covid-19 infections; caseload at 17,002

For the first time since the first case was confirmed in January, all of the country's 17 major cities and provinces reported Covid-19 cases

Coronavirus spike in South Korea may be spreading, 324 new cases reported

Most of the recent new cases have been in the densely populated Seoul metropolitan region