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Korea

Spain arrests a man wanted by US over North Korea crypto conspiracy

December 1, 2023

MADRID (Reuters) – Spanish police said on Friday they detained a Spaniard wanted by the United States for allegedly conspiring with a convicted American cryptocurrency …

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North Korea says it will not negotiate sovereignty with ‘double-faced’ US

November 29, 2023November 29, 2023
North korea says it will not negotiate sovereignty with 'double-faced' us - photo licensed by shore news network.

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 …

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South Korea Oct factory output falls most in 10 months on weaker chip production

November 29, 2023November 29, 2023
South korea oct factory output falls most in 10 months on weaker chip production - photo licensed by shore news network.

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 …

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Bank of Korea to hold rates at 3.50% until at least mid-2024: Reuters poll

November 27, 2023
Bank of korea to hold rates at 3. 50% until at least mid-2024: reuters poll - photo licensed by shore news network.

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 …

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North Korea deploys troops, weapons near border after military pact suspended -Yonhap

November 26, 2023November 26, 2023
North korea deploys troops, weapons near border after military pact suspended -yonhap - photo licensed by shore news network.

SEOUL (Reuters) – North Korea has deployed soldiers and heavy weapons at guard posts near the border with South Korea following the suspension of a …

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China warns South Korea not to politicise economic issues

November 26, 2023November 26, 2023
China warns south korea not to politicise economic issues - photo licensed by shore news network.

BEIJING (Reuters) – Chinese Foreign Minister Wang Yi warned his South Korean counterpart on Sunday not to politicise economic and tech issues as the two …

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Top diplomats of US, Japan, South Korea discuss North Korea satellite launch

November 24, 2023
Top diplomats of us, japan, south korea discuss north korea satellite launch - photo licensed by shore news network.

By Kanishka Singh WASHINGTON (Reuters) – The top diplomats of the United States, South Korea and Japan held a call on Friday to discuss North …

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US aircraft carrier Carl Vinson arrives in South Korea port

November 20, 2023November 20, 2023
Us aircraft carrier carl vinson arrives in south korea port - photo licensed by shore news network.

SEOUL (Reuters) – The U.S. aircraft carrier Carl Vinson arrived at a port in the South Korean city of Busan on Tuesday, in a show …

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China, South Korea to establish mechanism on practical economic cooperation

November 15, 2023
China, south korea to establish mechanism on practical economic cooperation - photo licensed by shore news network.

BEIJING (Reuters) – China and South Korea will establish a mechanism on practical economic cooperation, Chinese state media reported on Wednesday, following a meeting of …

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South Korea inflation likely to ease in November – finance minister

November 12, 2023
South korea inflation likely to ease in november - finance minister - photo licensed by shore news network.

SEOUL (Reuters) – South Korean inflation is likely to ease in November to about 3.6% as prices of agricultural products have started to fall, the …

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North Korea condemns Blinken’s comments on ties with Russia -KCNA

November 10, 2023
North korea condemns blinken's comments on ties with russia -kcna - photo licensed by shore news network.

SEOUL (Reuters) – North Korea’s foreign ministry condemned U.S. Secretary of State Antony Blinken’s comments on North Korea-Russia relations and said they only intensify political …

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South Korea economic growth to exceed potential rate in 2024, Yoon says

October 31, 2023October 30, 2023
South korea economic growth to exceed potential rate in 2024, yoon says - photo licensed by shore news network.

SEOUL (Reuters) – South Korean President Yoon Suk Yeol said on Tuesday the economy in 2024 would exceed the potential growth rate after picking up …

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Justice Department Announces Court-Authorized Action to Disrupt Illicit Revenue Generation Efforts of Democratic People’s Republic of Korea Information Technology Workers

October 18, 2023

On Oct. 17, pursuant to a court order issued in the Eastern District of Missouri, the United States seized 17 website domains used by North …

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Bank of Korea to hold base rate on Oct. 19, rate cut call pushed to Q2 2024 – Reuters poll

October 16, 2023
Bank of korea to hold base rate on oct. 19, rate cut call pushed to q2 2024 - reuters poll - photo licensed by shore news network.

By Anant Chandak BENGALURU (Reuters) – The Bank of Korea will keep its key policy rate unchanged for a sixth consecutive meeting on Oct. 19 …

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North Korea accuses US of stoking tension with ‘nuclear supremacy’

October 16, 2023October 16, 2023
North korea accuses us of stoking tension with 'nuclear supremacy' - photo licensed by shore news network.

By Hyonhee Shin SEOUL (Reuters) – North Korea’s nuclear programme is a self-defensive move to head off a nuclear war in the face of the …

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South Korea plans to offer bigger tax refunds to foreign tourists – Finance Minister

October 16, 2023October 16, 2023
South korea plans to offer bigger tax refunds to foreign tourists - finance minister - photo licensed by shore news network.

SEOUL (Reuters) – South Korea is considering raising the maximum amount of tax refunds for foreign tourists on their domestic shopping, its finance minister said …

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South Korea to fine two Hong Kong banks for naked short-selling

October 15, 2023October 15, 2023
South korea to fine two hong kong banks for naked short-selling - photo licensed by shore news network.

SEOUL (Reuters) – South Korea’s stock market watchdog said on Sunday it found two Hong Kong-based investment banks had engaged in naked short-selling, which would …

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White House accuses North Korea of providing Russia with weapons

October 13, 2023

By Jeff Mason WASHINGTON (Reuters) -The White House on Friday said North Korea recently provided Russia with a shipment of weapons, calling it a troubling …

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US aircraft carrier docks in South Korea after exercises

October 12, 2023

SEOUL (Reuters) – The U.S. aircraft carrier Ronald Reagan arrived in the South Korean port of Busan on Thursday for a five-day visit aimed at …

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South Korea household debt growth slows in September

October 11, 2023
South korea household debt growth slows in september - photo licensed by shore news network.

SEOUL (Reuters) – South Korea’s household borrowing grew in September for a sixth straight month, but by a smaller amount than the month before, central …

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South Korea central bank chief sees inflation just above 3% by year-end

October 11, 2023October 11, 2023
South korea central bank chief sees inflation just above 3% by year-end - photo licensed by shore news network.

By Cynthia Kim SEOUL (Reuters) – South Korea’s central bank governor said on Wednesday he sees headline inflation slowing to just above 3% by the …

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North Korea says military satellite key to countering U.S. ‘space militarisation’

October 9, 2023
North korea says military satellite key to countering u. S. 'space militarisation' - photo licensed by shore news network.

By Hyonhee Shin SEOUL (Reuters) – North Korea’s spy satellite program is an “indispensable” measure to counter U.S. space militarisation aimed at beefing up the …

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North Korea slams UN nuclear agency as US mouthpiece

October 1, 2023
North korea slams un nuclear agency as us mouthpiece - photo licensed by shore news network.

By Hyonhee Shin SEOUL (Reuters) – North Korea on Monday denounced the U.N. atomic watchdog for joining a U.S.-led pressure campaign and “cooking up” a …

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North Korea blames US for ‘grave terrorist’ act against Cuban embassy

October 1, 2023October 1, 2023
North korea blames us for 'grave terrorist' act against cuban embassy - photo licensed by shore news network.

SEOUL (Reuters) – North Korea accused the United States on Sunday of letting a “terrorist” act against Cuba take place on U.S. soil, saying a …

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South Korea to allow foreign financial firms to trade won onshore

September 25, 2023September 25, 2023
South korea to allow foreign financial firms to trade won onshore - photo licensed by shore news network.

SEOUL (Reuters) – South Korea said on Tuesday it will begin accepting applications starting Oct. 18 from foreign financial institutions for permits to participate in …

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US, South Korea, Japan raise concerns over Russia-North Korea military cooperation

September 22, 2023
Us, south korea, japan raise concerns over russia-north korea military cooperation - photo licensed by shore news network.

SEOUL (Reuters) – U.S. Secretary of State Antony Blinken and South Korean, Japanese counterparts expressed “serious concern” over the discussion of military cooperation between Russia …

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South Korea asks US to resolve chip trade issues

September 21, 2023
South korea asks us to resolve chip trade issues - photo licensed by shore news network.

SEOUL (Reuters) – South Korea on Friday said it has asked the United States to resolve uncertainties regarding U.S. export controls in the chip sector …

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China’s exports growth to North Korea quickens in August

September 20, 2023September 20, 2023
China's exports growth to north korea quickens in august - photo licensed by shore news network.

BEIJING (Reuters) – China’s exports to North Korea grew at a faster pace last month than in July, customs data showed on Wednesday, as bilateral …

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South Korea house prices climb for second month in August

September 15, 2023
South korea house prices climb for second month in august - photo licensed by shore news network.

SEOUL (Reuters) – South Korea’s housing market climbed for a second straight month in August, data showed on Friday, with prices rising across the country. …

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Explainer-How could Russia help North Korea build a satellite?

September 13, 2023September 13, 2023
Explainer-how could russia help north korea build a satellite? - photo licensed by shore news network.

SEOUL (Reuters) – North Korean leader Kim Jong Un on Wednesday toured Russia’s most modern space launch centre, where President Vladimir Putin promised to help …

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North Korea fires two ballistic missiles while leader Kim visits Russia

September 13, 2023
North korea fires two ballistic missiles while leader kim visits russia - photo licensed by shore news network.

By Josh Smith and Soo-hyang Choi SEOUL (Reuters) -North Korea fired two short-range ballistic missiles into the sea off its east coast on Wednesday, just …

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Analysis-With Putin summit, North Korea charts new course in fraught Russia relationship

September 12, 2023September 12, 2023
Analysis-with putin summit, north korea charts new course in fraught russia relationship - photo licensed by shore news network.

By Josh Smith SEOUL (Reuters) – The coming meetings between Russian President Vladimir Putin and North Korean leader Kim Jong Un could help reshape how …

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U.S., South Korea, Japan agree to accelerate missile tracking cooperation

September 7, 2023
U. S. , south korea, japan agree to accelerate missile tracking cooperation - photo licensed by shore news network.

SEOUL (Reuters) – Defence chiefs from the U.S., South Korea and Japan on Thursday jointly condemned North Korea’s recent test of missiles and agreed to …

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South Korea should maintain current monetary, fiscal policies, IMF says

September 6, 2023September 6, 2023
South korea should maintain current monetary, fiscal policies, imf says - photo licensed by shore news network.

SEOUL (Reuters) – South Korea should maintain current, restrictive monetary and fiscal policies as it needs to take steps to return to sustainable finances and …

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North Korea fires several cruise missiles towards sea, says South Korean military

September 2, 2023

By Hyunsu Yim SEOUL (Reuters) -North Korea fired several cruise missiles towards the Yellow Sea in the early hours of Saturday, according to the South …

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South Korea factory activity shrinks at quicker pace in August – PMI

August 31, 2023August 31, 2023
South korea factory activity shrinks at quicker pace in august - pmi - photo licensed by shore news network.

By Jihoon Lee SEOUL (Reuters) – South Korea’s factory activity weakened at a faster pace in August, extending its longest-ever slump by another month as …

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White House: North Korea, Russia arms talks advancing

August 30, 2023

By Jeff Mason WASHINGTON (Reuters) -The United States is concerned that arms negotiations between Russia and North Korea are advancing actively, the White House said …

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South Korea exports to extend downturn amid worsening China outlook: Reuters poll

August 29, 2023
South korea exports to extend downturn amid worsening china outlook: reuters poll - photo licensed by shore news network.

By Jihoon Lee SEOUL (Reuters) – South Korea’s exports likely fell in August for an 11th consecutive month, a Reuters survey showed on Wednesday, as …

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Kia plant in South Korea faces production disruption after fire -Yonhap

August 29, 2023August 29, 2023
Kia plant in south korea faces production disruption after fire -yonhap - photo licensed by shore news network.

SEOUL (Reuters) – Kia Corp has faced production disruption at one of its plants in South Korea due to a fire in its paint shop, …

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South Korea focuses on fiscal discipline with smallest budget increase in two decades

August 28, 2023
South korea focuses on fiscal discipline with smallest budget increase in two decades - photo licensed by shore news network.

By Jihoon Lee SEOUL (Reuters) – South Korea’s government plans to raise budget spending to nearly $497 billion for 2024, but the proposed increase is …

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South Korea clears path for Hyundai Motor strike -union

August 28, 2023
South korea clears path for hyundai motor strike -union - photo licensed by shore news network.

SEOUL (Reuters) – Hyundai Motor’s unionised workers have won permission to go on strike, the union said on Monday, raising the probability of the company’s …

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‘Come Home’: Mother Of US Soldier Detained In North Korea Speaks Out On Son’s Absence

August 24, 2023

‘Come Home’: Mother Of US Soldier Detained In North Korea Speaks Out On Son’s Absence Jake Smith on August 24, 2023 The mother of the …

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Marketmind: Spotlight falls on South Korea, Indonesia rate calls

August 23, 2023August 23, 2023
Marketmind: spotlight falls on south korea, indonesia rate calls - photo licensed by shore news network.

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Interest rate decisions and policy …

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Japan, South Korea criticise North Korea satellite launch plan

August 22, 2023
Japan, south korea criticise north korea satellite launch plan - photo licensed by shore news network.

By Elaine Lies and Hyonhee Shin TOKYO/SEOUL (Reuters) -North Korea told Japan on Tuesday that it would launch a satellite between Aug. 24-31, its second …

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Bank of Korea seen on hold for rest of year, to cut rates early in 2024 : Reuters poll

August 21, 2023
Bank of korea seen on hold for rest of year, to cut rates early in 2024 : reuters poll - photo licensed by shore news network.

By Anant Chandak BENGALURU (Reuters) – The Bank of Korea will leave its key policy rate unchanged at 3.50% for a fifth consecutive meeting on …

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North Korea says Camp David agreements raise possibility of ‘thermonuclear war’

August 21, 2023August 21, 2023
North korea says camp david agreements raise possibility of 'thermonuclear war' - photo licensed by shore news network.

By Soo-hyang Choi SEOUL (Reuters) – North Korea on Tuesday denounced the annual military drills between the United States and South Korea, warning of a …

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South Korea consumer sentiment weakens in August on growth worries

August 21, 2023August 21, 2023
South korea consumer sentiment weakens in august on growth worries - photo licensed by shore news network.

SEOUL (Reuters) – South Korea’s consumer sentiment weakened in August for the first time in six months, a central bank survey showed on Tuesday, amid …

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South Korea will cooperate more with US, Japan if North’s threats continue

August 20, 2023
South korea will cooperate more with us, japan if north's threats continue - photo licensed by shore news network.

SEOUL (Reuters) – South Korean President Yoon Suk Yeol said on Monday trilateral cooperation with the United States and Japan will grow stronger if North …

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North Korean hackers target U.S.-South Korea military drills, police say

August 19, 2023August 19, 2023
North korean hackers target u. S. -south korea military drills, police say - photo licensed by shore news network.

By Ju-min Park SEOUL (Reuters) – Suspected North Korean hackers have targeted a joint U.S.-South Korea military exercise being held this week though classified information …

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North Korea slams UN human rights meeting as a US ‘scheme’

August 19, 2023August 18, 2023
North korea slams un human rights meeting as a us 'scheme' - photo licensed by shore news network.

SEOUL (Reuters) – North Korea slammed a recent United Nations meeting about its human rights record, asserting the United States used the international organisation for …

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