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Korea

Analysis-Fukushima water release poses early test for Japan-South Korea unity

August 17, 2023
Analysis-fukushima water release poses early test for japan-south korea unity - photo licensed by shore news network.

By Tim Kelly, Sakura Murakami and Hyonhee Shin TOKYO/SEOUL (Reuters) – U.S. President Joe Biden wants to lock in friendly ties between Japan and South …

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US slams North Korea for using repression to build nuclear weapons

August 17, 2023
Us slams north korea for using repression to build nuclear weapons - photo licensed by shore news network.

By Michelle Nichols UNITED NATIONS (Reuters) – The United States slammed North Korean leader Kim Jong Un at the United Nations on Thursday for using …

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North Korea Prepares Launch Of Second Spy Satellite After Failed Attempt

August 17, 2023

North Korea Prepares Launch Of Second Spy Satellite After Failed Attempt Jake Smith on August 17, 2023 North Korea is preparing to launch a spy …

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US summit with South Korea, Japan, will seek to lock-in progress -US official

August 16, 2023
Us summit with south korea, japan, will seek to lock-in progress -us official - photo licensed by shore news network.

By David Brunnstrom and Michael Martina WASHINGTON (Reuters) – A U.S. summit with Japan and South Korea on Friday will include an ambitious set of …

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Factbox-North Korea cites race in US military over Travis King case

August 16, 2023
Factbox-north korea cites race in us military over travis king case - photo licensed by shore news network.

(Reuters) – North Korea has said that detained U.S. soldier Travis King, who is Black, complained about mistreatment and racial discrimination in his country and …

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South Korea house prices snap 13 months of decline

August 16, 2023

SEOUL (Reuters) -South Korea’s house prices rose slightly in July after 13 months of decline, data showed on Wednesday, with the rise led by demand …

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Explainer-Travis King: who is the US soldier who crossed into North Korea?

August 15, 2023August 15, 2023
Explainer-travis king: who is the us soldier who crossed into north korea? - photo licensed by shore news network.

SEOUL (Reuters) – North Korea confirmed for the first time on Wednesday that it is holding American soldier Travis King, saying he crossed the border …

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South Korea to grant 23 trln won in financing support for exporters

August 15, 2023August 15, 2023
South korea to grant 23 trln won in financing support for exporters - photo licensed by shore news network.

SEOUL (Reuters) – South Korea will expand financing support for exporting companies by around 50% more this year, the financial regulator said on Wednesday, to …

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Exclusive-US, S. Korea, Japan to launch new defense steps at Camp David -officials

August 15, 2023August 15, 2023

By Trevor Hunnicutt, David Brunnstrom and Steve Holland WASHINGTON (Reuters) – The United States, Japan and South Korea will launch a series of joint initiatives …

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UN Security Council to meet on rights abuses in North Korea

August 10, 2023August 10, 2023
Un security council to meet on rights abuses in north korea - photo licensed by shore news network.

By Michelle Nichols UNITED NATIONS (Reuters) – The United Nations Security Council will meet publicly to discuss human rights abuses in North Korea next week, …

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South Korea think-tank raises inflation forecast on higher energy prices

August 9, 2023
South korea think-tank raises inflation forecast on higher energy prices - photo licensed by shore news network.

SEOUL (Reuters) – A South Korean government think-tank revised its annual inflation projection upwards on Thursday, citing the recent rise in energy prices, although it …

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South Korea household borrowing grows further, countermeasures eyed

August 8, 2023August 8, 2023
South korea household borrowing grows further, countermeasures eyed - photo licensed by shore news network.

SEOUL (Reuters) – South Korea’s household borrowing grew in July for a fourth straight month and by the biggest amount in almost two years, central …

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North Korea Gov’t Group Hacked Russian Missile Maker, Despite Kim’s Promise Of ‘Full Support’ To Putin: REPORT

August 7, 2023

North Korea Gov’t Group Hacked Russian Missile Maker, Despite Kim’s Promise Of ‘Full Support’ To Putin: REPORT Jake Smith on August 7, 2023 North Korean …

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Soldier Who Ran Into North Korea Sent ‘Unusual’ Messages In Months Before Disappearance, Family Representative Says

August 7, 2023
Soldier who ran into north korea sent ‘unusual’ messages in months before disappearance, family representative says - photo licensed by shore news network.

Soldier Who Ran Into North Korea Sent ‘Unusual’ Messages In Months Before Disappearance, Family Representative Says Micaela Burrow on August 7, 2023 Pvt. Travis King …

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Too hot for K-pop as South Korea scrambles to save scout jamboree

August 6, 2023August 6, 2023
Too hot for k-pop as south korea scrambles to save scout jamboree - photo licensed by shore news network.

By Jack Kim SEOUL (Reuters) – A K-pop music concert scheduled for Sunday at a World Scout Jamboree in South Korea was postponed due to …

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Last fugitive linked to ferry disaster extradited to South Korea

August 4, 2023

SEOUL (Reuters) – A South Korean businessman wanted for nine years by authorities was extradited from the United States on Friday to face charges linked …

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North Korea responds to UN Command on US Private Travis King -Pentagon

August 1, 2023August 1, 2023
North korea responds to un command on us private travis king -pentagon - photo licensed by shore news network.

By Idrees Ali and Phil Stewart WASHINGTON (Reuters) -North Korea has offered a very brief response to the United Nations Command about a U.S. soldier …

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S. Korea July exports fall the most in over 3 years as China sputters

July 31, 2023July 31, 2023
S. Korea july exports fall the most in over 3 years as china sputters - photo licensed by shore news network.

By Jihoon Lee SEOUL (Reuters) -South Korea’s exports fell more than expected in July and at the steepest pace in more than three years, trade …

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South Korea factories regain some footing as export orders turn around – PMI

July 31, 2023July 31, 2023
South korea factories regain some footing as export orders turn around - pmi - photo licensed by shore news network.

By Jihoon Lee SEOUL (Reuters) – A protracted slump in South Korea’s factory activity eased in July as export orders rose for the first time …

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North Korea economy shrank for third year in 2022 -South’s central bank

July 27, 2023July 27, 2023
North korea economy shrank for third year in 2022 -south's central bank - photo licensed by shore news network.

By Jihoon Lee SEOUL (Reuters) – North Korea’s economy shrank for a third consecutive year in 2022, as COVID-19 restrictions and U.N. sanctions continued to …

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South Korea June factory output falls more than expected

July 27, 2023
South korea june factory output falls more than expected - photo licensed by shore news network.

SEOUL (Reuters) – South Korea’s factory production fell more than expected in June, official data showed on Friday, as automobile and petroleum production dropped. The …

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Biden to host Camp David summit with Japan and South Korea next month -US congressman

July 27, 2023July 27, 2023
Biden to host camp david summit with japan and south korea next month -us congressman - photo licensed by shore news network.

By David Brunnstrom WASHINGTON (Reuters) – U.S. President Joe Biden is expected to host the leaders of Japan and South Korea in a trilateral summit …

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South Korea proposes tax cuts to stimulate corporate investment, childbirth

July 27, 2023
South korea proposes tax cuts to stimulate corporate investment, childbirth - photo licensed by shore news network.

By Jihoon Lee SEOUL (Reuters) – South Korea on Thursday proposed tax cuts to encourage companies to shift operations back home and nurture the biopharmaceutical …

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South Korea export downturn seen worsening on weak China demand: Reuters poll

July 27, 2023
South korea export downturn seen worsening on weak china demand: reuters poll - photo licensed by shore news network.

By Jihoon Lee SEOUL (Reuters) – South Korea’s export decline likely accelerated in July amid persistently weak demand from China, a Reuters survey showed on …

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Explainer-Russia and North Korea forge closer ties amid shared isolation

July 27, 2023July 27, 2023
Explainer-russia and north korea forge closer ties amid shared isolation - photo licensed by shore news network.

By Josh Smith SEOUL (Reuters) – Russia’s defence minister was photographed this week viewing banned North Korean ballistic missiles with leader Kim Jong Un at …

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Bank of Korea tweaks lending facility to boost liquidity

July 26, 2023
Bank of korea tweaks lending facility to boost liquidity - photo licensed by shore news network.

SEOUL (Reuters) – South Korea’s central bank said on Thursday its monetary policy board decided to reform its standing lending facility, a monetary policy tool …

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South Korea to ease loan curbs for some homeowners paying ‘jeonse’ deposits

July 25, 2023
South korea to ease loan curbs for some homeowners paying 'jeonse' deposits - photo licensed by shore news network.

SEOUL (Reuters) – South Korea will loosen loan regulations for homeowners having difficulty repaying “jeonse” deposits to tenants, for a year starting on Thursday, the …

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South Korea consumer sentiment climbs for fifth month

July 25, 2023July 25, 2023
South korea consumer sentiment climbs for fifth month - photo licensed by shore news network.

SEOUL (Reuters) – South Korean consumers’ sentiment improved for a fifth consecutive month to a 15-month high in July, with their inflation expectations resuming a …

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‘Conversation’ Started With North Korea Over Fate Of US Soldier, UN Says

July 24, 2023

‘Conversation’ Started With North Korea Over Fate Of US Soldier, UN Says Micaela Burrow on July 24, 2023 A “conversation” has begun with North Korea …

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China, Russia conclude drills as US, South Korea, Japan deepen security ties

July 24, 2023
China, russia conclude drills as us, south korea, japan deepen security ties - photo licensed by shore news network.

BEIJING (Reuters) – China and Russia on Sunday wrapped up an air and naval exercise in the Sea of Japan aimed at “safeguarding” the security …

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Exclusive-G7, others ask China to stop North Korea sanctions evasion in its waters

July 21, 2023
Exclusive-g7, others ask china to stop north korea sanctions evasion in its waters - photo licensed by shore news network.

By Michelle Nichols UNITED NATIONS (Reuters) – The Group of Seven, European Union and three other countries plan to appeal to China for help to …

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South Korea export recovery to be sluggish compared with past – central bank

July 20, 2023July 20, 2023
South korea export recovery to be sluggish compared with past - central bank - photo licensed by shore news network.

SEOUL (Reuters) – South Korea’s exports are expected to recover going forward, but at a sluggish pace compared with the past due to a narrower …

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South Korea annual economic growth likely slowed slightly in Q2 – Reuters poll

July 20, 2023
South korea annual economic growth likely slowed slightly in q2 - reuters poll - photo licensed by shore news network.

By Anant Chandak BENGALURU (Reuters) – South Korea’s economic growth likely slowed a bit last quarter as languishing exports and high interest rates hurt private …

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South Korea producer prices fall for first time in 31 months

July 20, 2023July 20, 2023
South korea producer prices fall for first time in 31 months - photo licensed by shore news network.

SEOUL (Reuters) – South Korea’s producer prices fell in June on an annual basis for the first time in 31 months, central bank data showed …

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Pentagon Can’t Say Whether Soldier Who Bolted Into North Korea Is Alive

July 20, 2023

Pentagon Can’t Say Whether Soldier Who Bolted Into North Korea Is Alive Micaela Burrow on July 20, 2023 Two days after an Army private ran …

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US, South Korea, Japan to hold summit in August -Yoon’s office

July 20, 2023

SEOUL (Reuters) – U.S. President Joe Biden will meet with the leaders of Japan and South Korea in August in the United States, South Korea’s …

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China’s June exports to North Korea fell 6.6% month-on-month

July 20, 2023
China's june exports to north korea fell 6. 6% month-on-month - photo licensed by shore news network.

BEIJING (Reuters) – China’s exports to North Korea fell 6.6% last month versus May, customs data shows, though they remained eight times higher than in …

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For North Korea, US defectors can be a propaganda win, but a logistical pain

July 19, 2023
For north korea, us defectors can be a propaganda win, but a logistical pain - photo licensed by shore news network.

By Josh Smith SEOUL (Reuters) – North Korea is likely to milk the border crossing by a U.S. soldier for propaganda purposes but will probably …

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Factbox-US soldier in North Korea not the first to flee to the secretive state

July 19, 2023July 19, 2023
Factbox-us soldier in north korea not the first to flee to the secretive state - photo licensed by shore news network.

By Ed Davies (Reuters) – The U.S. military identified a soldier who made an unauthorised crossing into North Korea on Tuesday as Private Travis T. …

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South Korea to hike minimum wage by 2.5% in 2024, smallest in three years

July 18, 2023
South korea to hike minimum wage by 2. 5% in 2024, smallest in three years - photo licensed by shore news network.

SEOUL (Reuters) – South Korea has decided to raise the minimum wage by a three-year low of 2.5% in 2024, its Minimum Wage Commission said …

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‘Bad Joke’: Soldier Detained In North Korea Ran Across Border Laughing After Escaping From Escort, Witness Says

July 18, 2023

‘Bad Joke’: Soldier Detained In North Korea Ran Across Border Laughing After Escaping From Escort, Witness Says Micaela Burrow on July 18, 2023 The U.S. …

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U.S. soldier crosses into North Korea, U.S. officials say

July 18, 2023

WASHINGTON (Reuters) – A U.S. soldier has crossed the inter-Korean border into North Korea, two U.S. officials told Reuters on Tuesday, speaking on condition of …

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South Korea home prices stabilise in June as buying in Seoul improves

July 17, 2023July 17, 2023
South korea home prices stabilise in june as buying in seoul improves - photo licensed by shore news network.

SEOUL (Reuters) – South Korea’s home prices were flat in June, data showed on Monday, as prices in the capital Seoul city stopped falling for …

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US, South Korea, Japan hold missile defence drill after North’s ICBM launch

July 15, 2023
Us, south korea, japan hold missile defence drill after north's icbm launch - photo licensed by shore news network.

SEOUL (Reuters) – The U.S., South Korea and Japan held a joint naval missile defence exercise on Sunday to counter North Korea’s evolving nuclear and …

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Tesla begins sale of cheaper Model Y vehicle in South Korea

July 14, 2023
Tesla begins sale of cheaper model y vehicle in south korea - photo licensed by shore news network.

SEOUL (Reuters) – Tesla began selling its Model Y rear-wheel drive car on Friday in South Korea at a price of 56.99 million won ($45,139), …

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Explainer-What are solid-fuel missiles, and why is North Korea developing them?

July 13, 2023
Explainer-what are solid-fuel missiles, and why is north korea developing them? - photo licensed by shore news network.

By Hyonhee Shin SEOUL (Reuters) – North Korea’s Hwasong-18 intercontinental ballistic missile (ICBM), launched for the second time on Wednesday, uses solid-fuel technology, giving it …

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Deposit withdrawals at South Korea credit union have stabilised -ministry

July 12, 2023July 12, 2023
Deposit withdrawals at south korea credit union have stabilised -ministry - photo licensed by shore news network.

SEOUL (Reuters) – Customer withdrawals from MG Community Credit Cooperatives (MGCCC), a troubled South Korean credit union, have clearly stabilised amid government efforts to ward …

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US, Japan, South Korea hold rare military meeting as North Korea launches missile

July 12, 2023July 11, 2023
Us, japan, south korea hold rare military meeting as north korea launches missile - photo licensed by shore news network.

By Idrees Ali CAMP SMITH, Hawaii (Reuters) – The United States’ top general met his South Korean and Japanese counterparts for a rare trilateral meeting …

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North Korea condemns US plan to send cluster munitions to Ukraine as ‘criminal’

July 11, 2023
North korea condemns us plan to send cluster munitions to ukraine as 'criminal' - photo licensed by shore news network.

SEOUL (Reuters) – North Korea on Tuesday condemned U.S. President Joe Biden’s decision to send cluster munitions to Ukraine as a “criminal act” and demanded …

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US Spy Aircraft Fled After North Korea Scrambled Jets, Kim Jong Un’s Sister Says

July 10, 2023

US Spy Aircraft Fled After North Korea Scrambled Jets, Kim Jong Un’s Sister Says Micaela Burrow on July 10, 2023 North Korea said it mobilized …

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