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South Korea trade envoy says Samsung, SK Hynix will not be subject to 100% US tariffs on chips

South Korea trade envoy says Samsung, SK Hynix will not be subject to 100% US tariffs on chips

The Star4 days ago
The logo of SK Hynix is seen at its booth during The 26th Semiconductor Exhibition (SEDEX 2024) in Seoul, South Korea, October 23, 2024. REUTERS/Kim Hong-Ji/File Photo
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South Korea delays decision on Google's map data request
South Korea delays decision on Google's map data request

The Star

time5 hours ago

  • The Star

South Korea delays decision on Google's map data request

FILE PHOTO: A Google logo is seen at a company research facility in Mountain View, California, U.S., May 13, 2025. REUTERS/Carlos Barria/File Photo SEOUL: South Korea has delayed a decision on a request from Google for permission to export map data, following US pressure to address what Washington regards as a non-tariff barrier during recent trade talks, its Ministry of Land, Infrastructure and Transport says. South Korea and the United States are preparing for a summit of their leaders, possibly this month, after reaching a trade deal in late July, but it was not clear whether the map issue will be discussed at the meeting. South Korea previously rejected requests from Google, whose parent is Alphabet, for permission to use map data on servers outside the country, in 2016 and 2007, citing security concerns. The ministry said in a statement its National Geographic Information Institute had decided to postpone the decision for 60 days to give Google time to come up with measures that address its security concerns. Google has said there were no security concerns about its mapping data on South Korea, saying the data are publicly available and used by a number of companies, after going through a security review by a government agency. The company said, however, it is closely discussing with the South Korean government about taking any other security measures requested by the authorities, while considering plans to purchase blurred images from local partners which have been approved by the government. South Korea, whose 1950-1953 war with North Korea ended without a peace treaty, argues that if it allowed such data to leave the country, the locations of military facilities and other sensitive sites could be revealed. But the United States said restrictions on cross-border data flows have long served as barriers to operating navigation services through Google Maps and Apple Maps, resulting in US companies losing out in the South Korean market. — Reuters

French government sets Sept 30 deadline for talks on scrapping two holidays, Les Echos reports
French government sets Sept 30 deadline for talks on scrapping two holidays, Les Echos reports

The Star

time11 hours ago

  • The Star

French government sets Sept 30 deadline for talks on scrapping two holidays, Les Echos reports

PARIS (Reuters) -Negotiations over scrapping two French national holidays will need to be concluded by September 30 at the latest, Prime Minister Francois Bayrou has said, according to a report by newspaper Les Echos, as the government seeks ways to narrow its repeated budget deficits. Bayrou, a long-time debt hawk whose minority administration is walking a political tightrope, made the headline-grabbing proposal in July, when he outlined a series of deficit-reduction measures worth 43.8 billion euros ($51 billion) next year aimed at lowering France's debt. The prime minister has asked for bodies including unions, government officials and others to let him know if they want to hold open negotiations by Sept. 1, according to an internal document cited by Les Echos but not verified by Reuters. Bayrou said as part of a recent budget proposal that he wants to scrap both the Easter Monday and Victory in Europe Day holidays, leading to an outcry from parties on both the left and far-right. Les Echos said the letter also states that the choice of holidays identified was another issue that could be discussed. Major trade unions CFDT, CGT, FO, CFE-CGC and CFTC signed a joint declaration on Saturday denouncing Bayrou's budget proposal and said they will hold a meeting among themselves on September 1 to decide how to organize themselves against the move. The prime minister's office did not immediately respond to a request for comment. Bayrou has previously compared the month of May to Gruyere cheese - full of holes - and has said reducing the number of holidays will bring economic benefits, although recent experience elsewhere and various economic studies suggest it may not be as simple as that. ($1 = 0.8592 euros) (Reporting by Forrest Crellin and Claude Chendjou; Editing by Hugh Lawson)

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