Day: May 13, 2022

Development Bank of Mongolia Announces Early Payment Before Maturity on JPY 30 Billion Samurai Bond

by

ULAN BATOR, Mongolia, May 13, 2022 (GLOBE NEWSWIRE) — Mongolian Prime Minister Oyunerdene Luvsannamsrai has instructed the Development Bank of Mongolia (DBM) to explore potential options, including an early payment, to settle its outstanding Samurai Bond obligations. Following this, the Bank says it will be able to further manage its future obligations and improve its […]

ITA Airways Launches the Summer Season on the French Market With Eleven Daily Flights Between France and Italy at Roadshow Presentation in Paris

by

A Total of 72 Weekly Flights at the End of July ITA AIRWAYS LAUNCHES THE SUMMER SEASON ON THE FRENCH MARKET WITH ELEVEN DAILY FLIGHTS BETWEEN FRANCE AND ITALY PARIS, May 13, 2022 (GLOBE NEWSWIRE) — Yesterday, at the Shangri-La Hotel in Paris, ITA Airways, the new Italian national carrier presented the summer season on […]

For Eurovision, Turin and Piedmont Shows Their Vocation for Hospitality on Many Levels

by

FOR EUROVISION, TURIN AND PIEDMONT SHOWS THEIR VOCATION FOR HOSPITALITY ON MANY LEVELS TURIN, Italy, May 13, 2022 (GLOBE NEWSWIRE) — Music brings people together, even in the most challenging times. The Eurovision Song Contest, one of the most important international songwriting competitions globally, is not only an opportunity to turn the spotlight on the […]

Analysis: South Korea’s high-speed 5G mobile revolution gives way to evolution

by
Published by
Reuters

By Byungwook Kim SEOUL (Reuters) – South Korea was the first country to launch a fifth-generation mobile network in 2019, heralding a warp-speed technological transformation to self-driving cars and smart cities. Three years on, the giddy promises are unfulfilled. Some 45% of the country’s people are now on 5G, one of the highest rates globally, after some $20 billion in spending on network upgrades that have boosted connection speeds five-fold. But telecommunications companies have not been willing to invest in the fancier technology that would ramp speeds by 20 times over 4G technology. That…

Read more

N.Korea reports first COVID-19 death as fever spreads ‘explosively’

by
Published by
Reuters

By Hyonhee Shin and Josh Smith SEOUL (Reuters) – At least one person confirmed to have COVID-19 has died in North Korea and hundreds of thousands have shown fever symptoms, state media said on Friday, offering hints at the potentially dire scale of country’s first confirmed outbreak of the pandemic. The data represents an unprecedented admission of an “explosive” outbreak in a country that had reported no previous confirmed cases since the pandemic began, and could mark a grave public health, economic and political crisis for the isolated regime. South Korea’s new president, Yoon Suk-yeol, who…

Read more

Explainer-How N.Korea’s COVID-19 outbreak could ignite a major health crisis

by
Published by
Reuters UK

By Soo-hyang Choi and Josh Smith SEOUL (Reuters) – North Korea’s admission that it is battling an “explosive” COVID-19 outbreak has raised concerns that the virus could devastate a country with an under-resourced health system, limited testing capabilities, and no vaccine programme. The isolated North confirmed on Thursday its first COVID-19 infections since the pandemic emerged more than two years ago, shifting to the “maximum emergency epidemic prevention system” and imposing a national lockdown. On Friday it reported its first COVID-related death. State media have not confirmed the total nu…

Read more

Kids later than sooner. South Korean women freeze eggs as child-rearing costs surge

by
Published by
Reuters

By Cynthia Kim SEOUL (Reuters) – In South Korea, fewer women are having children and those who do are in no rush. The sky-high costs of housing and education make financial security a must. Social mores also dictate the need to be married. Lim Eun-young, a 34-year-old public servant, says she is not ready to start a family due to the costs and as she only began dating her boyfriend several months ago. But worried that her biological clock is ticking, she had some of her eggs frozen in November. Lim was one of about 1,200 unmarried single women who underwent the procedure last year at CHA Medic…

Read more