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…
South Korea sees Oct.16-Nov.7 window for N.Korea nuclear test
By Soo-hyang Choi and Hyonhee Shin SEOUL (Reuters) – North Korea has completed preparations for a nuclear test and a possible window for carrying it out could be between Oct. 16 and…
Canada, South Korea seek deeper cooperation on critical minerals
By Steve Scherer OTTAWA (Reuters) – Canadian Prime Minister Justin Trudeau and South Korean President Yoon Suk-yeol on Friday agreed to deepen cooperation on critical minerals used in electric vehicles (EVs) batteries…
South Korea plans reforms to tackle ‘Korea discount’ for its stocks
By Joori Roh SEOUL (Reuters) – South Korea plans to announce financial reforms later this year, including its policy on shareholder returns, that could help reduce the “Korea discount” in stock markets,…
Japan, U.S. eyeing summit around Sept 20 on China, North Korea issues – Kyodo
TOKYO (Reuters) – Japan and the United States are working on arranging a summit between Prime Minister Fumio Kishida and President Joe Biden in New York around Sept. 20 to discuss security…
U.S. seeks diplomacy with North Korea, White House says
WASHINGTON (Reuters) – The United States has made clear it has no hostile intent toward North Korea and continues to seek diplomacy with the country, White House press secretary Karine Jean-Pierre told…
Moscow seeking Iran, North Korea arms? Show us proof, says Russia
By Michelle Nichols UNITED NATIONS (Reuters) – Russia demanded at the United Nations on Thursday that the United States and Britain provide evidence to support their allegations that Moscow was seeking drones…
U.S., South Korea revive talks on ‘comprehensive’ ways to deter North Korea
By Josh Smith SEOUL (Reuters) – American and South Korean officials will meet next week to discuss “comprehensive measures” to deter North Korea, Seoul said on Thursday, as the two sides revive…
Explainer-What weapons could North Korea send to Russia?
By Josh Smith SEOUL (Reuters) – Russia could be about to buy millions of artillery shells and rockets from old Cold-War ally North Korea, the White House said, an allegation immediately dismissed…
Lone Star disappointed in amount of award over dispute with South Korea
SEOUL (Reuters) – U.S. private equity firm Lone Star Funds said it was disappointed in the amount an international tribunal ordered South Korea to pay as damages over its sale of Korea…
South Korea presses concerns over U.S. EV tax credit reform
WASHINGTON (Reuters) – Korean Deputy Trade Minister Ahn Sung-il raised concerns on Tuesday with the Biden administration over the revamped $7,500 electric vehicle tax credit that makes vehicles assembled outside North America…
Bank of Korea to raise rates on Thursday as price pressures mount – Reuters poll
By Devayani Sathyan BENGALURU (Reuters) – South Korea’s central bank will raise its key interest rate again on Thursday to fight inflation, according to a Reuters poll of economists, but they are…
North Korea imports of Chinese masks, gloves surged before declaring COVID victory
BEIJING (Reuters) – North Korea imported more than 1 million facial masks and 15,000 pairs of rubber gloves from China in July, shortly before declaring victory over COVID-19, Chinese trade showed on…
Blinken reaffirms U.S. commitment to defend South Korea and Japan -State Dept
WASHINGTON (Reuters) – Secretary of State Antony Blinken reaffirmed the United States’ “ironclad commitment” to the defense of South Korea and Japan in a call with South Korean Foreign Minister Park Jin…
Donbas separatist leader urges cooperation with North Korea – KCNA
By Josh Smith SEOUL (Reuters) – North Korea and the Russian-backed separatist Donetsk region of Ukraine will develop “equally beneficial bilateral cooperation”, Donetsk leader Denis Pushilin said in a letter to Kim…
UN chief pledges support for denuclearization of North Korea
SEOUL – In Seoul for meetings with South Korean leaders, United Nations Secretary-General Antonio Guterres on Friday said he fully supports efforts to completely denuclearize North Korea. “I would like to take…
North Korea denounces Pelosi for deterrence talks during S.Korea visit
SEOUL – North Korea denounced U.S. House of Representatives Speaker Nancy Pelosi on Saturday for supporting deterrence against North Korea during her visit to South Korea this week. Pelosi and her South…
North Korea ‘paves the way’ for more nuclear tests, U.N. report says
By Michelle Nichols UNITED NATIONS – North Korea made preparations for a nuclear test during the first six months of this year, according to an excerpt of a confidential United Nations report…
South Korea July factory activity weakens for first time in 2 years – PMI
SEOUL – South Korea’s factory activity shrank in July for the first time in nearly two years, as output and new orders weakened amid continued inflation and supply chain woes, a private-sector…
S. Korea central bank member affirms tightening outlook, notes downside risks
SEOUL – A South Korean central-bank board member affirmed on Wednesday that interest rates should rise further but added that increases should be gradual, since downside risks to both exports and consumer…
South Korea plans financial tool to head off crises
SEOUL – South Korea’s top financial regulator unveiled on Tuesday a draft plan for supporting distressed financial companies to prevent failures, rather than waiting to bail them out after they had defaulted…
GM’s South Korea unit resumes production at two factories
SEOUL – General Motors Co’s South Korea unit has resumed production at its two factories in the country this week following a production halt that lasted about two weeks over procurement issues,…
China to extend anti-dumping duties on steel product from Japan, South Korea, and EU
(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 duties will…
GM’s South Korea unit suspends production at two factories over procurement issues
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 GM Korea…
South Korea central bank vows to strengthen monitoring of financial stability risks
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 of Korea…
Factbox: South Korea, Japan seek reset on decades of historical disputes
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. – Relations between…
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