Day: May 21, 2022

Biden, Yoon signal expanded military drills due to N. Korea ‘threat’

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Published by
AFP

Seoul (AFP) – US President Joe Biden and South Korea’s new President Yoon Suk-yeol signalled Saturday an expanded military presence in response to the “threat” from North Korea, while also offering to help the isolated regime face a Covid-19 outbreak. After meeting in Seoul on Biden’s first trip to Asia as president, the two leaders said in a statement that “considering the evolving threat posed by” North Korea, they “agree to initiate discussions to expand the scope and scale of combined military exercises and training on and around the Korean peninsula”. The possible beefing up of joint exer…

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15 Percent Of Global Employees Will Quit If Asked To Return To Office Full-Time: Survey

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Published by
Knewz

By Richard Horgan Los Angeles (Knewz) — Can you guess, in an expansive survey of 25 countries, which one has the largest amount of paid working days being done each week from home? The answer is Singapore, with an overall average of 2.4. Only two other nations registered above the two-days-per week mark: Canada (2.18) and Malaysia (2.1). The United States ranked around the middle of the pack at 1.62 days. At the other end of the scale, South Korea is by far the nation with the lowest work-from-home quotient, an average of less than half a day per week (0.49). Other lowest were Egypt (0.72), Se…

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Hyundai to build first electric car factory in the US

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Published by
DPA

South Korean carmaker Hyundai plans to build its first dedicated full electric vehicle factory in the United States, the company announced on Saturday. The new plant in Georgia represents an investment of approximately $5.54 billion. E-car batteries are also to be manufactured at the site, Hyundai said in a statement. Construction is scheduled to start in January 2023 and commercial production is expected to begin in the first half of 2025, with a reported annual production capacity of 300,000 vehicles. The planned investments should create more than 8,000 jobs, the carmaker said. “We decided …

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