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Goldman Sachs CEO Lloyd Blankfein

Jul 29, 2015 AM EDT - Dana Marie

Baedal Minjok Will Offer Its App Services Free

Baedal Minjok, top food delivery app in South Korea, has announced yesterday that it will get rid of commissions charged for every order.

Jul 28, 2015 PM EDT - Dana Marie

LG Rolls Out More OLED Models in Korea

LG is outdoing itself as the company launches five new models in South Korea, doubling its existing lineup of premium OLED TVs to 10.

Jul 28, 2015 AM EDT - Dana Marie

South Korea’s GNI Experiences Low Growth

The Organisation for Economic Co-operation and Development (OECD) has forecasted that South Korea’s per capita income would take 17 years to reach $40,000 if low growth continues.

Jul 28, 2015 AM EDT - Dana Marie

Korean War Memorial in Jersey City Repaired

July 27 has been an unforgettable day for Korean War veterans and their loved ones in Jersey City as the restored memorial is officially unveiled. Thanks to the $100,000 donation of the people in Uijeongbu City, Gyeonggi Province.

Jul 28, 2015 AM EDT - Dana Marie

South Korea Doesn’t Have Star Players for East Asian Cup

The East Asian Cup – East Asia’s biennial football championship – will start next month, but South Korea lacks star players. The main reason is that FIFA hasn’t officially recognized the competition

Jul 28, 2015 AM EDT - Dana Marie

South Korean Prime Minister Declares MERS Outbreak Over

Prime Minister Hwang Kyo-Ahn has declared the ‘actual’ (but not official) end of MERS in South Korea. While discussing the matter with government officials, he said “the people can now be free from worry”.

Jul 27, 2015 AM EDT - Dana Marie

The Pressure in South Korea’s Work Culture

With an annual average of 2,057 hours per person in 2014, employees in South Korea are among those who work the longest hours compared to other countries under the Organisation for Economic Co-operation and Development (OECD).

Jul 27, 2015 AM EDT - Dana Marie

Major Shipyards in South Korea Are Struggling

The plan to venture into offshore oil rigs doesn’t seem like a good idea now that major shipyards in South Korea are barely keeping up with debt payments and could lose billions of dollars.

Jul 23, 2015 AM EDT - Dana Marie

Sangmoon Bae Needs to Complete Military Service

Sangmoon Bae, South Korean pro golfer, has been ordered to return home to complete a two-year mandatory military service after failing to extend his overseas travel permit, which expired last year.

Jul 23, 2015 AM EDT - Dana Marie

Hanwha Q Cells Signs a Joint Venture with ReNew Power

Leading solar cell maker, Hanwha Q Cells, has signed a joint venture with ReNew Power, a clean energy company in India. The development will be the South Korean company’s first investment in major projects

Jul 22, 2015 AM EDT - Dana Marie

Pyongyang Has Dedicated Lanes for Cyclists

Cycling along the major roads of Pyongyang has become easier and safer with the introduction of dedicated lanes.

Jul 22, 2015 AM EDT - Dana Marie

Expect the Korea Grand Sale in August

The government has announced that the country will hold the Korea Grand Sale early this year. President Park Geun-hye and the other officials have decided during the trade and investment promotion conference

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Jul 21, 2015 AM EDT - Dana Marie

MERS Outbreak in South Korea Is Over

The Middle East Respiratory Syndrome (MERS) outbreak in South Korea is finally over, according to the government. The Foreign Ministry held a briefing for diplomats on Monday and discussed how the nation handled the viral illness.

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Jul 21, 2015 AM EDT - Dana Marie

Korean Hockey Players Participate in Dallas Stars’ Camp

South Korean hockey players Jinhui Ahn, Wonjun Kim and Kye Hoon Park attend an NHL development camp with the Dallas Stars along with American prospect players. Jim Nill, Stars General Manager, has invited them at Jim Paek’s request.

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Jul 21, 2015 AM EDT - Dana Marie

Samsung Pay Rolls Out in Korea

Samsung launched its payment service in Korea last week, competing with Apple Pay. LoopPay – an alternative solution for non-Apply makers – is behind it.

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