Lammy offers condolences after plane crash in South Korea kills at least 177 December 29, 2024 Foreign Secretary David Lammy has paid his “heartfelt condolences” to the people of South Korea and Thailand after a plane crash killed at least 177. The Jeju Air passenger plane was carrying 181 people when it skidded off a runway at Muan International Airport in South Korea, slammed into a concrete fence and burst into [...]
South Korean plane crash kills 179 December 29, 2024 The deadliest air accident ever in South Korea killed 179 people on Sunday, when an airliner belly-landed and skidded off the end of the runway, erupting in a fireball as it slammed into a wall at Muan International Airport. Jeju Air flight 7C2216, arriving from the Thai capital Bangkok with 175 passengers and six crew on board, was [...]
UK resumes tech-focused trade talks with South Korea November 5, 2024 The UK is resuming trade talks with South Korea with discussions focused on boosting tech and digital services. British negotiators have flown to Seoul to meet South Korean counterparts today as talks restart in a bid to secure a modern, digital-focused trade agreement. It is the first time the discussions have recommenced under the Labour [...]
Portmeirion Pottery sinks deeper into the red as Asian sales falter September 19, 2024 Portmeirion, the historic maker of ceramic tableware and cookware, has slipped further into the red as declining sales in Asia continue to weigh heavily on the company. The London-listed group, which is headquartered in Stoke-on-Trent, saw its revenue fall to £36.6m in the first six months of 2024, down from £44.1m year on year. As [...]
South Korean appetite for single malt whisky keeps Scotch maker Artisanal Spirits on track September 10, 2024 A growing appetite for single malt whisky in South Korea and Taiwan has helped British maker Artisanal Spirits Company go against the grain amid a slump in demand, according to its latest results. The company, which is headquartered in Edinburgh, cut its pre-tax loss to £3.1m in the six months ending June 30, 2024, from [...]
UK’s AI Safety Institute set to open in San Francisco May 20, 2024 The British government is hoping the new office will allow the UK to tap into Silicon Valley's tech talent and strengthen ties with the US.
The Power of Capitalism: Kim vs the market only has one winner March 10, 2024 Dr Rainer Zitelmann is a German historian, sociologist and author. His latest book is The Power of Capitalism. In our exclusive series, Zitelmann reveals a compelling body of evidence that capitalism and market economies have lifted billions out of poverty. Today he writes on North and South Korea The contrast between North and South Korea [...]
UK and South Korea to sign new agreement during state visit November 21, 2023 The UK and South Korea are set to sign a new long-term agreement covering defence and technology co-operation as President Yoon Suk Yeol arrives for a three-day state visit.
Kim Jong Un inspects Russian bombers, missiles and frigate September 16, 2023 North Korean leader Kim Jong Un has inspected Russia’s nuclear bombers, hypersonic missiles and an advanced warship from its Pacific fleet, during a trip to the country’s far east. After arriving in the city of Artyom by train, Kim travelled to an airport just outside the port city of Vladivostok where Russian defence minister Sergei [...]
Abrdn’s Asian Income Fund loses 6.9 per cent of value as APAC markets suffer August 15, 2022 Asset management giant Abrdn said the value of the assets controlled by its Asia Income Fund plunged 6.9 per cent over the first half of 2022 as markets were rocked by a combination of Covid lockdowns and the ripples of war in Ukraine. In its half yearly report today, the firm said net asset value [...]