South Korea’s military successfully trialled a new submarine-launched ballistic missile in the presence of its president just hours after Pyongyang fired rockets into the sea off Japan. On Wednesday, South Korea confirmed that its military had tested a submarine-launched ballistic missile (SLBM) near its Agency for Defence Development (ADD) in South Chungcheong Province. South Korean […]
Etichetă: south
South Korean regulator slaps Google with $177mn fine for antitrust violations & abusing market dominance
Google’s parent firm has been made to cough up some $177 million by a South Korean antitrust regulator, accusing the company of abusing its dominant position in the market and hampering industry competition. The $176.64 million (207 billion won) fine was imposed by South Korea’s Fair Trade Commission (KFTC) on Tuesday, having launched a probe […]
China’s Sinovac eying vaccine production site in South Africa, says local partner
Numolux Group, the South African partner of China’s Sinovac Biotech, has said the Chinese firm is in talks about creating a Covid-19 vaccine production site in Africa, as it launches a phase-three trial for use in children. On Friday, Hilton Klein, the CEO of Numolux Group, said that Sinovac Biotech was eying the creation of […]