US and Asia allies push for new panel to monitor North Korea sanctions
By Hyonhee Shin SEOUL (Reuters) – The U.S., South Korea and Japan are pushing for a new multi-national panel of experts, possibly outside the U.N., to ensure sanctions enforcement against North Korea…
North Korea fires over 130 artillery rounds as warning after South Korea-U.S. drills
By Soo-hyang Choi and Josh Smith SEOUL (Reuters) -North Korea said it fired more than 130 artillery shells into the sea off its east and west coasts on Monday after detecting military…
When the chips go up: Big banks bet on South Korea, Taiwan stocks for 2023
By Harish Sridharan (Reuters) – Global banks are turning bullish on South Korean and Taiwanese shares, expecting a revival in semiconductors to drive a rally next year, while they see Japan’s market…
South Korea Nov exports fall most in 30 months on slow China demand, semiconductors
By Jihoon Lee and Choonsik Yoo SEOUL (Reuters) -South Korea’s exports in November suffered their worst annual drop in 2-1/2 years, hurt by cooling global demand in major markets led by China…
South Korea Nov factory activity shrinks for 5th month, but downturn eases slightly – PMI
SEOUL (Reuters) – South Korea’s factory activity shrank for a fifth straight month in November but the downturn moderated slightly, a private-sector survey showed on Thursday, possibly suggesting the worst is over…
South Korea revised Q3 GDP +0.3% q/q, in line with earlier estimate
SEOUL (Reuters) – South Korea’s economy grew in the third quarter by a seasonally adjusted 0.3% from a quarter earlier, revised central bank data showed on Thursday, unchanged from the advance estimate…
South Korea scrambles jets as China, Russia warplanes enter air defence zone
By Hyonhee Shin SEOUL (Reuters) – South Korea’s military said it scrambled fighter jets as two Chinese and six Russian warplanes entered its air defence zone on Wednesday. The two Chinese H-6…
South Korea Oct factory output drops at fastest pace since May 2020
SEOUL (Reuters) – South Korea’s factory output dropped in October by more than expected and at the fastest pace in nearly 2-1/2 years, government data showed on Wednesday, amid weakening demand due…
South Korea November exports set to fall by most in 2-1/2 years – Reuters poll
By Jihoon Lee SEOUL (Reuters) – South Korea’s exports were set for a second month of declines in November and by the steepest pace in 2-1/2 years, hurt by an economic slowdown…
South Korea looks to spur exports to overcome slump
By Choonsik Yoo SEOUL (Reuters) – South Korean President Yoon Suk-yeol said on Wednesday the government would aid companies with the promotion of exports to key regions like Southeast Asia to counter…
Analysis-In male-dominated North Korea, leadership prospects of Kim Jong Un’s daughter are uncertain
By Josh Smith SEOUL (Reuters) -Although the unexpected appearance of North Korean leader Kim Jong Un’s daughter raised speculation that she could be a successor in the making, analysts say it would…
S. Korea household credit grows at slowest annual rate in at least 20 years
SEOUL (Reuters) – South Korea’s household credit grew at the slowest annual pace in at least two decades in the third quarter, central bank data showed on Tuesday, amid a steep rate…
South Korea debates scrapping Cold War-era ban on North’s propaganda
By Hyonhee Shin SEOUL (Reuters) – Debate is brewing in South Korea over efforts to scrap a decades-old ban on North Korean media, as changing attitudes fuel renewed calls to review a…
Bank of Korea to hike rates a modest 25bps on Nov 24 as growth slows- Reuters poll
By Devayani Sathyan and Anant Chandak BENGALURU (Reuters) – South Korea’s central bank will scale back its tightening pace on Thursday and hike rates by a modest 25 basis points amid signs…
South Korea Nov 1-20 exports tumble on weak demand for chips, China woes
SEOUL (Reuters) – South Korea’s exports for the first 20 days of November shrank 16.7% from the same period a year ago, dragged down by weak demand for chips and from China,…
G7 calls for ‘significant’ U.N. response to North Korea missile launches
ROME (Reuters) -The United Nations’ Security Council needs to take “significant measures” in response to the latest intercontinental ballistic missile launch by North Korea, foreign ministers of the Group of Seven (G7)…
North Korea rebuked as allied countries hold emergency meeting over missile launch
By Poppy McPherson BANGKOK (Reuters) – Leaders of the United States, South Korea, Japan and allied countries convened an emergency meeting during an Asian summit on Friday and condemned North Korea’s firing…
South Korea, U.S. hold joint air force firing drills
SEOUL (Reuters) – South Korea and the United States held joint air force drills on Friday, using F-35A fighters, in response to North Korea’s test of an intercontinental ballistic missile, South Korea’s…
U.S. VP Harris: North Korea missile launch “brazen violation” of U.N resolutions
BANGKOK (Reuters) – U.S. Vice President Kamala Harris said on Friday that North Korea’s missile launch was a “brazen violation” of multiple U.N. resolutions and destablising for security in the region. “We…
North Korea missile had the range to reach U.S. mainland, Japan says
TOKYO (Reuters) – A missile fired on Friday by North Korea had sufficient range to reach the United States mainland, and was capable of flying as far as 15,000 km (9,320 miles),…
Bank of Korea board member Suh says macroeconomic policy needs to be flexible
SEOUL (Reuters) – Bank of Korea (BOK) monetary policy committee member Suh Young-kyung said on Tuesday that monetary policy needs to be flexible, as trade-offs have intensified between external and internal financial…
US Looks To South Korea To Fill Ammunition Backlog After Sending Nearly A Billion Rounds To Ukraine
US Looks To South Korea To Fill Ammunition Backlog After Sending Nearly A Billion Rounds To Ukraine Micaela Burrow on November 11, 2022 The U.S. has for the first time struck a…
‘Smash The Enemies’: North Korea Claims Missile Launches Were Practice For A South Korean Invasion
‘Smash The Enemies’: North Korea Claims Missile Launches Were Practice For A South Korean Invasion Micaela Burrow on November 7, 2022 North Korea said Monday its recent spate of missile launches served…
South Korea scrambles jets after detecting North Korean military flights near border amid tensions
SEOUL (Reuters) -South Korea’s military said it scrambled fighter jets after detecting about 180 North Korean military flights north of the two countries’ border over four hours on Friday. The North Korean…
Explainer-North Korea is developing ICBMs. What are they?
By Hyonhee Shin SEOUL (Reuters) – North Korea has dramatically ramped up missile tests this year and tested an intercontinental ballistic missile (ICBMs) on Thursday, as part of efforts to develop a…
South Korea steps up monitoring in crowded subways after Halloween crush
By Soo-hyang Choi SEOUL (Reuters) – South Korea is beefing up monitoring at crowded subway stations following a deadly Halloween crush that killed more than 150 people in Seoul, officials said on…
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