Columbus State Cougars making connections in South Korea
June 6th is also Korean Memorial Day. It's a holiday dedicated to honor the soldiers and civilians that died in war, specifically the Korean War. Dr. Rayfield says this trip and holiday underlines the importance of the partnership between the U.S. and South Korea.
'It really puts a lot into perspective how important our relationship is with South Korea,' Dr. Rayfield said. 'It's not just a military connection or relationship. It's an economic relationship. It's a cultural relationship. So being here today specifically and earlier this week they had their SNAP election. Just really felt a sense of pride in the community and a sense of love of country.'
This is Dr. Rayfield's first time to visit South Korea, and she plans to meet up with the CSU students in South Korea this weekend.
The CSU contingent plans to return back to the Fountain City on June 11th.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
UPI
an hour ago
- UPI
South Korea's DN Solutions to build factory in India
DN Solutions executives participate in a groundbreaking ceremony for the company's plant in Bangalore, India, on Aug. 13. Photo courtesy of DN Solutions SEOUL, Aug. 21 (UPI) -- The world's third-largest machine tool manufacturer, DN Solutions, said Thursday it has broken ground for a factory at an industrial complex in the southern Indian city of Bengaluru. The South Korean company noted that the factory will begin rolling out customized products, including the popular SVM 4100i vertical machining centers, during the first half of next year. Once completed, it will become the second overseas production facility of DN Solutions, which has operated a plant in China's Yantai since 2004. DN Solutions has proactively invested in Bengaluru after signing a memorandum of understanding with the state of Karnataka, where the city is situated, in July 2024. This will be its new global base. The corporation vowed last year to channel more than $70 million into Bengaluru, the biggest overseas investment since DN Solutions joined Korean automotive conglomerate DN Group in 2022. DN Solutions said it plans to establish a research and development center in Bengaluru and hire more than 500 employees there by 2032. Housed around 25% of India's machining tool makers, Bengaluru will have a strong manufacturing supply chain, DN Solutions said. Demand for machine tools has been strong in India, which have heavily invested in such industries as automobiles, electronics and energy. "By breaking ground for a new factory and starting to recruit young talent, DN Solutions has become more closely connected to India's manufacturing industry," company CEO Kim Won-jong said in a statement. Earlier this year, DN Solutions planned for an initial public offering worth more than $1 billion on the Seoul bourse. However, it postponed the listing, citing challenges in securing a fair valuation amid high uncertainty in the financial markets.
Yahoo
2 hours ago
- Yahoo
Kakao Prepares Korean Won Stablecoin on Kaia as Lawmakers Weigh New Rules
South Korean internet conglomerate Kakao is preparing a Korean won stablecoin through its involvement in the Kaia blockchain, which recently registered related trademarks with the Korean Intellectual Property Office. Kaia, which operates the public blockchain formed from the merger of Klaytn and Finschia, disclosed with Decrypt that it had registered the 'KRWGlobal,' 'KRWGL,' 'KRWKaia,' and 'KaKRW' trademarks earlier this month. With Kakao and Kakao Pay serving on its governance council, Kaia is positioning a won-pegged token as a potential bridge to other fiat-backed stablecoins such as USD and JPY. Kakao and its affiliate Kakao Pay are part of Kaia's governance council, which is working to embed digital KRW across apps used by tens of millions in South Korea. Users and businesses across Kakao's ecosystem, which the company says already serves over 49 million monthly active users in South Korea, will be able to, in theory, 'access DeFi protocols within mobile apps, which are utilized nationwide, bringing these decentralized finance projects to life,' Dr. Sangmin Seo, chairman of the Kaia DLT Foundation, told Decrypt. Yet stablecoin legislation in South Korea remains in flux, with competing bills and an administration-led framework still in talks. Earlier in June, the administration outlined a Digital Asset Basic Act that would let qualified companies issue won-pegged tokens if they meet minimum equity requirements. The Bank of Korea, meanwhile, suggested starting with bank-issued stablecoins at first and is studying deposit tokens on public chains. South Korea's Ruling, Opposition Parties Clash Over Stablecoin Regulation Late last month, South Korea's ruling and opposition parties filed competing stablecoin bills. They split over whether to permit interest on stablecoin deposits, while agreeing on full-reserve backing and emergency powers for regulators. The challenge for KRW stablecoins, however, is 'the lack of clear, compelling use cases compared to dollar stablecoins,' Min Jung, senior analyst at quantitative trading firm Presto, told Decrypt. "More research is needed to identify and develop practical applications.' South Korea's strict capital controls also 'make it crucial to understand how these regulatory hurdles would be addressed,' he added. 'Since the true value of stablecoins lies in reducing friction, particularly in cross-border payments rather than purely domestic use, these capital control issues must be carefully considered,' Jung said. South Korea still runs a foreign-exchange control regime under the Foreign Exchange Transactions Act, with capital transactions subject to separate procedures, documentation thresholds for overseas remittances, and restrictions on offshore use. Bank of Korea Governor to Meet Bank Chiefs as Stablecoin Debate Heats Up The government plans to require companies in the sector to register and file monthly reports to its central bank by the second half of 2025, according to a 2024 report from Reuters. To this end, 'KRW stablecoins do not only mean the issuance of digital currencies but also signify that the Korean market legalizes digital asset-powered businesses,' Seo said. Kakao claims its network has near-universal reach, with over 95% of the population already using it for messaging, payments, and online banking. Still, key decisions on stablecoins in the country remain pending, which means any won-pegged launch by Kakao or rivals will hinge on final rules for licensing, reserve requirements, interest treatment, and the role of banks in issuance. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
NBC News
2 hours ago
- NBC News
95-year-old former North Korean soldier in South campaigns to be sent to the North
SEOUL, South Korea — A 95-year-old former North Korean soldier who spent decades imprisoned in the South will continue his campaign to return to the North, an activist said Thursday, after South Korean troops stopped his symbolic border march this week. Flanked by activists and holding a North Korean flag, Ahn Hak-sop walked toward an inter-Korean bridge in the border town of Paju on Wednesday, demanding that South Korean authorities arrange his repatriation to the North, when soldiers stopped him at a checkpoint. Ahn, who complained of knee pain during the incident, was taken to a hospital and is now recovering at his home in Gimpo, near the capital city of Seoul, activist Cha Eun-jeong said. Cha said she expects Ahn to join a weekend protest in Seoul calling for his return to North Korea. 'He said it felt good to have an opportunity to speak his mind in front of journalists,' even though he was turned back by the soldiers, Cha said. Ahn was born in what is now South Korea's border island of Ganghwa in 1930, when the Korean Peninsula was under Japanese colonial rule. Japan's defeat in World War II liberated Korea, but the peninsula was then divided into a U.S.-backed, capitalist South and a Soviet-supported, socialist North — a separation cemented by the devastating 1950–53 Korean War. Ahn volunteered to fight for the North Korean army in 1952 but was captured by South Korean soldiers in April 1953, months before the fighting stopped with the armistice. He was imprisoned for 42 years before receiving a special presidential pardon in 1995. He had a chance to go to North Korea in 2000, when former South Korean President Kim Dae-jung, who pursued engagement with Pyongyang, repatriated 63 long-term unconverted prisoners following a historic summit with then-North Korean leader Kim Jong Il. Ahn then chose to stay, vowing to campaign until U.S. troops are withdrawn from the South. Ahn expressed a desire to go to North Korea in July, a decision that was influenced by his fragile health and concern that his time is running out, Cha said. South Korea's government said this month it has no immediate plans to push for the repatriation of the few remaining prisoners who desire to be sent to North Korea, and it's unclear whether the North would accept them. Relations between the Koreas have deteriorated in recent years, with North Korea virtually suspending all diplomacy and cooperation with the South after the collapse of its broader nuclear talks with Washington in 2019.
