South Korea court jails former 1st lady for bribery
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Trump threatens 25% tariff on Korea
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North Korea fires missiles into sea
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South Korean police are conducting a search and seizure operation at e-commerce company Coupang related to a corruption probe into a member of parliament, Yonhap news reported on Thursday.
SK Hynix will set up a new U.S.-based company focused on artificial intelligence solutions, with $10 billion committed to the project.
Coupang’s problems started in November when it revealed that a former employee in China had gained access to data on about 34m customers in South Korea. The leak went undetected for five months. South Korean media called the data breach the biggest in the country’s history,
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International students face sweeping tuition hikes at South Korean universities
Many South Korean universities are planning to raise tuition fees for international students by between 3% and 11%, citing funding shortages for lecturer salaries and investment in practical training facilities.
Now, Kim, 53, who tried to style herself after Jacqueline Kennedy Onassis, is the country’s first former first lady to be imprisoned.
Trump raises tariffs on South Korean goods from 15% to 25% over alleged trade violations, escalating diplomatic tensions between Washington and Seoul.