Latest in Korea Slashes
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Bank of Korea slashes rates to lowest since August 2022 on economic worries, cuts growth forecast
The Bank of Korea cut rates to 2.75% from 3%, in line with expectations from economists polled by Reuters, trimming rates for the third time in four meetings.CNBC - 7h -
NOAA set to slash jobs 'imminently'
Mass firings are set to hit the National Oceanic and Atmospheric Administration (NOAA) “imminently,” a source with knowledge told The Hill. The person, who asked to speak anonymously due to fear of ...The Hill - 3d -
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Meta slashes staff stock awards as group embarks on AI spending drive
Most employees will receive about 10% less equity options this yearFinancial Times - 4d -
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Starbucks Slashes 1,100 Corporate Jobs as Chain Pushes Turnaround Effort
The coffee chain has shuffled senior leadership, trimmed its menu, and is doing non-barista layoffs as it seeks to return to a growth trajectory.Inc. - 21h -
South Korea's Yoon is in court for a hearing in his criminal trial
South Korean President Yoon Suk Yeol is in court for a hearing where his lawyers are contesting his arrest on a criminal charge alleging he was orchestrating a rebellion when he imposed martial lawABC News - 5d -
Bridge collapse in South Korea kills at least three people – video
Five 50-metre steel structures supporting a partly built highway bridge in South Korea collapsed one after another in the city of Anseong, killing at least three construction workers and injuring ...The Guardian - 7h -
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Dashcam footage captures deadly bridge collapse in South Korea
Sections of partly constructed elevated motorway in Anseong fell one after the other, killing at least three construction workers. A motorway bridge collapse has killed at least three people and ...The Guardian - 7h -
At least four dead in South Korea highway construction project collapse
At least four people died and six were injured after a collapse at a highway construction site in an area south of the South Korean capital, Seoul, officials said.NBC News - 2h -
4 Workers Killed in Highway Bridge Collapse in South Korea
Six others were injured when part of a highway construction site broke apart on Tuesday morning, officials said.The New York Times - 4h -
Warren Buffett, warning of ‘scoundrels’ and ‘fiscal folly,’ slashes his exposure to U.S. stocks
Instead, the “Oracle of Omaha” has become a “committed” and “long-term” investor in a handful of Japanese companies.MarketWatch - 1d -
'Real life Squid Game': Kim Sae-ron's death exposes Korea's celebrity culture
Analysts say they are not optimistic that the ruthless "cancel culture" surrounding the industry will change.BBC News - 6d -
‘Like a giant Squid Game’: soul searching in South Korea after latest celebrity suicide
Death of actor Kim Sae-ron sparks renewed calls for changes to ease pressure on celebrities who face intense scrutiny from media and fans alike . On Friday, the South Korean columnist Yang ...The Guardian - 3d -
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An elevated part of a highway being built in South Korea collapses, killing 3 workers
An elevated part of a highway under construction has collapsed in South Korea, killing three workers and injuring six othersABC News - 6h -