North Korean soldier defects to South Korea across DMZ
The border is one of the most fortified in the world, lined with barbed wire, landmines, and watchtowers manned by heavily armed guards.
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EV-Phobia spreads across South Korea amid recent electric vehicle fires
The Incheon incident, which left 140 vehicles damaged and 40 cars completely incinerated, highlights the dangers associated with EV batteries, particularly the risk of "thermal runaway."
North Korea exploits flood recovery for Kim Jong Un propaganda amid growing public exhaustion
Despite the scale of the disaster, Kim has rejected offers of international aid from countries such as China and Russia, opting instead to emphasize the regime’s principle of self-reliance.
Vice chair of anti-corruption agency offers to resign following death of senior official
The official, who had been under significant psychological pressure due to the sensitive nature of his work, reportedly left a suicide note. He had confided in a friend about feeling immense pressure from senior ACRC officials to close the investigation into the First Lady, a case that had drawn considerable public attention.
Korea sees increasing trend of ‘Reverse Migration’ as urban residents return to rural areas
The high cost of living in major cities like Seoul, including soaring real estate prices, has also been a major factor pushing people to seek a more affordable and peaceful lifestyle in rural areas.
Korean brokerage firms profit from surge in U.S. stock market transactions
The shift in investor focus is significant. Data from the Korea Securities Depository indicates that Korean investors' net capital inflow into U.S. stocks reached $12.3 billion in the first four months of 2024, a dramatic increase compared to previous years.
Korean government to ease network separation rules for financial firms, allowing generative AI integration
The current network separation rules, established in 2013, require financial firms to maintain a physical separation between internal and external networks to ensure security. However, this regulation has increasingly been viewed as an impediment to the adoption of cutting-edge digital services, particularly as cloud computing and AI technologies have become more integral to business operations.
Ex-South Gyeongsang governor Kim Kyoung-Soo’s rights reinstated under presidential pardon
Kim Kyoung-soo, a prominent figure in South Korea's political landscape, served as the governor of South Gyeongsang Province from 2018 to 2022. His tenure was marred by a high-profile corruption scandal involving illegal election manipulation.
North Korean diplomats allegedly acting as couriers for laborers in Russia
North Korean diplomats stationed in Russia have been involved in delivering funds and letters from laborers to their families in North Korea.
South Korea reports first case of lumpy skin disease in 2024
Lumpy skin disease, caused by a virus transmitted by arthropod vectors such as mosquitoes and ticks, primarily affects cattle, leading to fever, nodular skin lesions, and decreased milk production.
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