Korea

(Reuters) -China will extend anti-dumping duties on grain oriented flat-rolled electrical steel imported from Japan, South Korea, and the European Union, the country’s ministry of commerce said on Friday. The …

SEOUL – General Motors Co’s South Korea unit has suspended production at its two factories in the country following a local supplier’s refusal to supply auto parts, an official at …

SEOUL – South Korea’s central bank said on Monday it will step up monitoring of the impact of higher interest rates on the stability of the financial system. The Bank …

SEOUL – Efforts to resolve historical disputes between South Korean and Japan have been renewed under new South Korean President Yoon Suk-yeol, with both countries vowing to improve ties. – …

By Soo-hyang Choi SEOUL – South Korea is beefing up security for high-profile figures in light of the assassination of Japan’s former premier Shinzo Abe, officials said on Tuesday, including …

By Shaloo Shrivastava and Cynthia Kim (Reuters) – South Korea’s central bank will deliver its first-ever 50 basis point rate rise to 2.25% on Wednesday, turning up the heat on …

SEOUL – South Korean President Yoon Suk-yeol said on Friday the current economic conditions constituted an emergency situation and ordered his government to devise all available measures to ease the …

HANOI – Vietnam and South Korea aim to raise the value of bilateral trade between the countries to $100 billion next year and to $150 billion by 2030, up from …

By Heekyong Yang SEOUL – The union that represents Hyundai Motor Co’s South Korean workers said on Tuesday it plans to resume a week of wage talks with management on …

SEOUL – South Korea President Yoon Suk-yeol on Tuesday said the government will aggressively cut expenditure and sell assets at public enterprises to better allocate public spending for growing welfare …

SEOUL – North Korea criticised the United States, South Korea and Japan’s recent agreement on strengthening military cooperation to be a means to materialise a U.S. plan for a military …

By Hyonhee Shin SEOUL – North Korea has accused the United States of setting up a military alliance like NATO in Asia, saying the unwavering U.S. aim to oust North …

By Joori Roh SEOUL – South Korea on Wednesday confirmed its first case of monkeypox virus and pledged to strengthen monitoring and response systems as it raised the alert level …

By Cynthia Kim and Jihoon Lee SEOUL – South Korea’s central bank on Tuesday said it expects inflation will be higher than earlier projected and that it would closely assess …

By Michael Martina WASHINGTON – U.S. national security adviser Jake Sullivan has raised concerns with China’s top diplomat Yang Jiechi over Beijing’s veto at the United Nations of a U.S.-led …

By Emma Farge GENEVA – North Korea, which is under sanctions for developing nuclear weapons in defiance of United Nations Security Council Resolutions, has taken over as head of a …

SEOUL – South Korea’s factory activity growth slowed in May, as output and export orders contracted amid supply-chain disruptions due to China’s COVID-19 lockdown measures, a private-sector survey showed on …

By Cynthia Kim SEOUL – South Korea’s exports grew at a faster pace in May than a month earlier as a rise in shipments to Europe and United States more …

By Michelle Nichols UNITED NATIONS – The United States will again push for more U.N. sanctions on North Korea if it carries out a seventh nuclear test, despite opposition by …

WASHINGTON – U.S. National Security Adviser Jake Sullivan spoke by phone with South Korea National Security Adviser Kim Sung-han to discuss North Korea’s launch of three ballistic missiles, the White …

By Shaloo Shrivastava BENGALURU – South Korea’s central bank is likely to hike its benchmark rate at a second consecutive meeting on Thursday to combat inflation running at more than …

OSAN AIR BASE, South Korea – U.S. President Joe Biden arrived in South Korea on Friday, the first leg of his first trip to Asia as president. Biden was greeted …

LONDON -Measures taken in North Korea to fight the first reported COVID-19 outbreak could have “devastating” consequences for human rights in the country, a spokesperson for the U.N. human rights …

SEOUL – South Korea unveiled plans on Thursday to pay more than $20 billion to small businesses and self-employed people to make up for losses due to COVID restrictions. The …

By Josh Smith SEOUL – Beijing is concerned about the tense situation on the Korean peninsula, China’s Korean affairs envoy said as he arrived for talks in Seoul this week, …