UPDATE – Intesa Sanpaolo: fourth Energy Report presented at EU Parliament

BRUSSELS, Dec. 02, 2022 (GLOBE NEWSWIRE) — The fourth ‘MED & Italian Energy Report’ was presented yesterday, December 1, at the European Parliament. This year’s report is entitled ‘Alternative fuels: a strategic option for the Euro-Mediterranean area?’ and is the result of a joint effort by SRM (a research centre linked to the Intesa Sanpaolo […]

Intesa Sanpaolo: fourth Energy Report presented at EU Parliament

BRUSSELS, Dec. 02, 2022 (GLOBE NEWSWIRE) — The fourth ‘MED & Italian Energy Report’ was presented yesterday, December 1, at the European Parliament. This year’s report is entitled ‘Alternative fuels: a strategic option for the Euro-Mediterranean area?’ and is the result of a joint effort by SRM (a research centre linked to the Intesa Sanpaolo […]

S. Korean Air Force chief to visit UAE on defense cooperation mission

SEOUL– South Korea’s Air Force Chief of Staff Gen. Jung Sang-hwa will visit the United Arab Emirates (UAE) for talks with senior defense officials there over arms industry cooperation and other issues, his office said Friday.   During his visit to the UAE from Saturday through Tuesday, Jung plans to travel to Al Ain and … Read more

Institutions’ foreign securities holdings down 5 pct in Q3

SEOUL– South Korean institutions’ investment in foreign securities shrank 5 percent in the third quarter due to estimated losses from their bond and stock holdings, central bank data showed Friday.   The outstanding value of foreign securities held by local institutional investors stood at US$354.93 billion as of end-September, down $18.69 billion from three months … Read more

Disney+ makes big bet on K-content for growth in OTT market

SINGAPORE– As Korean dramas and films enthrall a wider global audience, entertainment giant Disney now looks ready to ride the Korean Wave to expand its presence in the thriving streaming market.   Following streaming leader Netflix’s international success of “Squid Game,” more viewers from across the globe are watching Korean series in various genres from … Read more

N. Korea ramps up efforts to attain 2022 economic goals amid food shortage

SEOUL– North Korea has modernized agricultural facilities in a bid to help tackle its food shortage as it seeks to achieve its economic goals set for this year, according to Pyongyang’s state media Friday.   The North has modernized livestock breeding farms in the northeastern border city of Rason, along with the construction of related … Read more

Senior defense official discusses regional security issues with CSIS experts

SEOUL– South Korea’s Vice Defense Minister Shin Beom-chul met with a visiting group of U.S. experts Friday to discuss North Korean threats, the bilateral alliance and other issues, his ministry said.   The group included John Hamre, the president of the Center for Strategic International Studies (CSIS), its Senior Vice President for Asia Victor Cha … Read more

BTS’ RM begins new career as soloist with ‘Indigo’

SEOUL– RM, leader of the global K-pop sensation BTS, said Friday his solo debut album “Indigo” is just like himself and will be another starting point of his nine-year musical career.   The rapper became the third BTS member to make an official debut as a solo artist by dropping the album “Indigo” at 2 … Read more