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Asia facing 'triple policy challenge' to long-term growth, new Asia House report finds

PR NewswireJan 27, 2022

LONDON , Jan. 27, 2022 /PRNewswire/ -- Asia is facing a triple policy challenge that could see even the region's fastest-growing economies fall into the 'middle-income trap', according to new research by Asia House . The report highlights Asia's position at a crossroads, with countries' trajectories towards becoming advanced economies at risk of being derailed by economic scarring from the ...
N.Korea fires two apparent short-range ballistic missiles toward East Sea

North KoreaJan 27, 2022

North Korea on Thursday fired two apparent short-range ballistic missiles at a low altitude from a seashore city in South Hamgyong Province toward its east coast. “We are aware of the ballistic missile launches and are consulting closely with our allies and partners,” the US Indo-Pacific Command said in a statement, adding the launch does not pose an “immediate threat” to US personnel, territory...
S. Korea's daily COVID-19 cases surpass 14,000 amid rapid omicron spread

Social affairsJan 27, 2022

South Korea's daily COVID-19 cases hit over 14,000 on Thursday, breaking the record for a third consecutive day as the highly contagious omicron variant spreads across the country at an unprecedented speed. The country reported 14,518 COVID-19 infections, including 14,301 local infections, bringing the total to 777,497, the Korea Disease Control and Prevention Agency (KDCA) said. South Korea po...
[Graphic News] China's birth rate at record low in 2021: official

WorldJan 27, 2022

China's birth rate plummeted to a record low last year, official data showed, as analysts warn that faster-than-expected aging could deepen economic growth concerns. Beijing has been grappling with a looming demographic crisis as it faces a rapidly aging workforce, slowing economy and the country's weakest population growth in decades. The birth rate of the world’s second-biggest economy sli...
[해커스 TOEIC] 단어, Part 5 문제

English EyeJan 27, 2022

1) 단어+예문 10개 더 많은 토익빈출 단어 '해커스 토익 기출 보카'에서 확인 ▶ 2) 파트 5 3문제 1. Many of the older employees in the office tend to follow a rigid ------- at work and do not usually participate in unplanned activities. (A) routine (B) replica (C) function (D) inception 해석 -- 그 사무실의 연로한 직원 중 다수는 직장에서 고정된 일상을 따르는 경향이 있으며, 보통은 계획에 없는 활동에 관여하지 않는다. 해설 -- 명사 어휘 문제 ‘사무실의 연로한 직원 중 다수는 업무상의 고정된 일상을 따르는 경향이 있다’...
Seoul stocks open steeply lower on FOMC results, Russia-Ukraine risk

MarketsJan 27, 2022

South Korean stocks opened steeply lower Thursday as investors digest the US central bank's policy meeting results and the rising tensions between Russia and Ukraine. The benchmark Korea Composite Stock Price Index (Kospi) retreated 26.94 points, or 0.99 percent, to 2,682.3 points as of 9:18 a.m. Stocks came off to a weak start after the US Federal Reserve chief signaled rate hikes in March. T...
S. Korea holds talks on joining DEPA pact

Foreign affairsJan 27, 2022

South Korea held talks Thursday with the three member states of the Digital Economy Partnership Agreement (DEPA) to join the world's first plurilateral digital pact. The DEPA, which came into effect in January last year, is an agreement signed by Singapore, New Zealand and Chile to establish key rules on digital trade issues, such as digital identities, cross-border data flows and artificial int...
Naver 2021 net surges 20 times amid pandemic

IndustryJan 27, 2022

South Korea's top internet portal operator, Naver Corp., said Thursday its net profit jumped nearly 20 times in 2021 from the previous year on the back of the non-contact trend amid the COVID-19 pandemic. Naver's net profit reached 16.41 trillion won ($13.7 billion) last year, compared with a net profit of 836.2 billion won the previous year, the company said in a regulatory filing. Operating i...
S. Korea to take market-stabilizing steps if needed: official

EconomyJan 27, 2022

South Korea plans to take measures to stabilize the country's financial market when needed, a senior government official said, after the Federal Reserve signaled at a rate hike in March to tame inflation. The finance ministry assessed the Fed's monetary policy stance as hawkish, but it said the outcome of the US central bank's latest rate-setting meeting is expected to have a limited impact on t...
Lifestyles of the rich and the famous: why do we care

CultureJan 27, 2022

Just after midnight on Tuesday, YouTuber Song Ji-ah -- better known for her channel name FreeZia -- posted a public apology for the recent controversy surrounding her wearing fake designer label clothes and accessories in her videos and on TV. It was after nearly a fortnight of criticism, which on the surface seems like a disproportionate amount of fuss over something far from being important. S...
DEAC and Neste to cooperate on sustainable data storage solutions

PR NewswireJan 27, 2022

HELSINKI and RIGA, Latvia , Jan. 27, 2022 /PRNewswire/ -- DEAC and Neste join forces to cooperate on sustainable data storage solutions. DEAC is one of the largest independent data centers in Northern Europe , which has been acquiring renewable electricity starting from 2021. Cooperation with Neste, world's leading producer of renewable diesel, sustainable aviation fuel, and renewable fe...
EDM Council Publishes Study for Managing Challenges of ESG Data For Rating Providers and Data Aggregators

PR NewswireJan 27, 2022

NEW YORK , Jan. 27, 2022 /PRNewswire/ -- EDM Council, a cross-industry trade association for data management and analytics, has released its latest research, "ESG Data Management: Rating Providers and Data Aggregators" – the second report in its ESG data research series. The study was developed by EDM Council's ESG Data Workgroup, examining the key challenges of the ESG data supply chain and p...
Exports of cars, oil products forecast to be brisk this year

EconomyJan 27, 2022

South Korea's exports of cars and petroleum products are expected to grow solidly this year, but the outlook for steel, ships and other key items is gloomy, a poll showed Thursday. According to the survey taken by the Federation of Korean Industries (FKI), outbound shipments of cars are projected to expand 6.2 percent this year from last year's $46.5 billion. The lobby for South Korea's family-...
Manufacturers' biz sentiment down for February

EconomyJan 27, 2022

South Korean manufacturers' business sentiment worsened for February amid worries over sluggish demand from video, communication and equipment sectors, central bank data showed Thursday. The business sentiment index (BSI) for local manufacturers came to 90 for February, down from 92 for this month, according to the data from the Bank of Korea (BOK). The index measures manufacturers' prospects f...
iMediSync Successfully Launches the Future of Tele-Medicare at CES 2022

PR NewswireJan 27, 2022

An innovative Wireless Brainwave Scanning & Mapping device Attracts the Media and Public Attention from Visitors Around the World SEOUL, South Korea , Jan. 27 , 2022 /PRNewswire/ -- iMediSync, A biotech startup company from Seoul, South Korea , successfully debuted at CES 2022 to introduce the new trend of digital healthcare under their motto – Overcome Mental Pandemic in just 10 Min. At...