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SOUTH KOREA

  • 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 [...]

  • As Covid cases soar in North Korea to more than 1m, Kim Jong-Un tells people to ‘gargle salt water’ to treat it

    May 16, 2022

     North Koreans are being told to ‘gargle salt water’ to treat coronavirus, as the regime struggles to deal with a worsening outbreak thought to be around 1m. The communist single-party state, widely seen as one of the most reclusive and authoritarian in the world has mobilised its military to distribute military supplies to counter an [...]

  • LG Energy Solution becomes South Korea’s second-most valuable firm after formidable debut

    January 27, 2022

    LG Energy Solution Ltd (LGES) saw its stock price soar 68 per cent following its trading debut, as the battery maker becomes South Korea's second-most valuable company.

  • Bad moove: South Korea’s biggest milk producer pulls ad showing women as cows

    December 15, 2021

    Seoul Milk, South Korea’s biggest milk producer, apologises for portraying women as cattle in its new advert, which has since been removed from Youtube

  • Green light for South Korea as Squid Game fans flock to the country

    October 19, 2021

    Travel search engine Kayak has registered a surge in the number of British people searching for flights to South Korea since Squid Game premiered on Netflix. Kayak’s research showed that searches have gone up 50 per cent since the South Korean dystopian drama premiered on 17 September. Under the current travel restrictions, travels from the [...]

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