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 president vows to ease regulations to boost home supplies
SEOUL (Reuters) – South Korea’s President Yoon Suk Yeol on Wednesday vowed to relax tax rules on multiple homeowners and ease rules governing the reconstruction of apartment buildings in a bid to…
South Korea jobless rate climbs to near 2-year high in December
SEOUL (Reuters) – South Korea’s jobless rate rose to a near two-year high in December, official data showed on Wednesday. The country’s unemployment rate stood at 3.3% on a seasonally adjusted basis,…
North Korea vows military strike if any provocation, fires artillery rounds
SEOUL (Reuters) -North Korea will launch a military strike immediately in response to any provocation, Kim Yo Jong, the sister and key ally of leader Kim Jong Un, said on Sunday, as…
North Korea fires artillery at sea against South military ‘gangsters’
By Ju-min Park and Soo-hyang Choi SEOUL (Reuters) – North Korea fired more than 200 artillery rounds on Friday near a disputed maritime border with South Korea in another escalation of tension…
South Korea Dec exports up for third month but at slower pace
By Cynthia Kim SEOUL (Reuters) – South Korea’s exports rose for a third month in December but at a slower pace as weaker demand for Korean goods in China offset robust global…
South Korea inflation in December eases for second month
SEOUL (Reuters) -South Korea’s annual consumer inflation eased for a second month in December and came in below market expectations, backing policymakers’ outlook that price pressure will gradually ease through 2024. The…
South Korea November factory output jumps thanks to robust chip production
By Cynthia Kim SEOUL (Reuters) – South Korea’s November factory output posted the fastest gain since May 2022 on soaring chip production, official data showed on Thursday. The industrial output index increased…
Explainer-How could North Korea use its nuclear weapons?
By Josh Smith SEOUL (Reuters) – North Korean leader Kim Jong Un said a missile test this week shows his country would not hesitate to launch a nuclear attack if an enemy…
South Korea banks pledge $1.5 billion for small businesses amid push to share profits
SEOUL (Reuters) – South Korea’s commercial banks will provide 2 trillion won ($1.53 billion) to support small businesses, the organisation representing the lenders said on Thursday, amid political and regulatory pressure to…
China’s exports to North Korea return to growth in November
BEIJING (Reuters) – China’s exports to North Korea swung back to growth in November from a decline in the previous month, Chinese customs data showed on Wednesday, as Pyongyang reopens its economy…
Explainer-US, Asian allies launch system to track North Korea missiles in real-time
By Soo-hyang Choi SEOUL (Reuters) – South Korea, the United States and Japan said on Tuesday they have activated a new system to detect and assess North Korea’s missile launches in real-time.…
Explainer-What are solid-fuel missiles, and why is North Korea developing them?
By Hyonhee Shin SEOUL (Reuters) – North Korea test-fired a intercontinental ballistic missile (ICBM) powered by solid fuel on Monday, South Korean officials said, in what would be the third such test…
North Korea may test ICBM soon, South official says ahead of nuclear talks in DC
SEOUL (Reuters) – North Korea may test-launch an intercontinental ballistic missile (ICBM) this month, a senior South Korean official said on Friday before discussions with U.S. officials on responses to Pyongyang’s nuclear…
S.Korea’s defence minister warns North Korea of ‘hell of destruction’
By Josh Smith SEOUL (Reuters) – South Korea’s defence minister threatened on Wednesday to unleash a “hell of destruction” on neighbouring North Korea in retaliation for any reckless actions. The heightened rhetoric…
South Korea, US to hold new round of nuclear consultation talks -Seoul
SEOUL (Reuters) – South Korea and the United States will hold talks on nuclear deterrence on Friday as part of Washington’s commitment to share more insight with Seoul into planning in the…
US Fighter Jet Crashes Off South Korea: REPORT
US Fighter Jet Crashes Off South Korea: REPORT Micaela Burrow on December 10, 2023 The Department of Defense (DOD) is looking into reports that a U.S. F-16 fighter jet crashed near South…
U.S. F-16 jet crashes in South Korea, pilot rescued after ejecting
SEOUL (Reuters) – A U.S. F-16 fighter jet crashed in South Korea on Monday while on a routine training flight and the pilot was rescued after ejecting when the aircraft experienced an…
North Korea condemns US veto of Gaza ceasefire call at UN
SEOUL (Reuters) – A North Korean senior official criticised the United States for blocking a U.N. resolution calling for an immediate humanitarian ceasefire in Gaza, claiming the veto showed Washington’s “double standards”,…
North Korea boasts of satellite capability, says it will launch more soon
SEOUL (Reuters) – North Korea is determined to launch more spy satellites in the near future to collect information on the military activities of its enemies, a commentary carried by state news…
US envoy for North Korea to join Hyundai Motor as an adviser
SEOUL (Reuters) – The U.S. special representative for North Korea Sung Kim will join South Korean automaker Hyundai Motor as an adviser in January, the company said on Friday. Kim, a Korean-American…
North Korea hackers may have stolen data on laser weapon -police
SEOUL (Reuters) – South Korean police are investigating whether a North Korean hacker group, accused of stealing data from 14 entities, obtained information on defence technology including an anti-aircraft laser, a Seoul…
Spain arrests a man wanted by US over North Korea crypto conspiracy
MADRID (Reuters) – Spanish police said on Friday they detained a Spaniard wanted by the United States for allegedly conspiring with a convicted American cryptocurrency researcher to help North Korea evade U.S.…
North Korea says it will not negotiate sovereignty with ‘double-faced’ US
By Hyonhee Shin SEOUL (Reuters) -North Korea said it would never negotiate its sovereignty with the United States, criticising Washington as “double-faced” for offering talks while ramping up military activities in the…
South Korea Oct factory output falls most in 10 months on weaker chip production
SEOUL (Reuters) -South Korea’s factory output unexpectedly fell on weaker chip production in October and posted the biggest drop in 10 months, official data showed on Thursday. The industrial output index fell…
Bank of Korea to hold rates at 3.50% until at least mid-2024: Reuters poll
By Devayani Sathyan BENGALURU (Reuters) – The Bank of Korea will hold its key policy rate at 3.50% when it meets on Thursday as inflation remains sticky, according to a Reuters poll…
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