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 deploys troops, weapons near border after military pact suspended -Yonhap
SEOUL (Reuters) – North Korea has deployed soldiers and heavy weapons at guard posts near the border with South Korea following the suspension of a military accord between the countries, news agency…
China warns South Korea not to politicise economic issues
BEIJING (Reuters) – Chinese Foreign Minister Wang Yi warned his South Korean counterpart on Sunday not to politicise economic and tech issues as the two prepared to meet Japan’s top diplomat on…
Top diplomats of US, Japan, South Korea discuss North Korea satellite launch
By Kanishka Singh WASHINGTON (Reuters) – The top diplomats of the United States, South Korea and Japan held a call on Friday to discuss North Korea’s recent launch of a spy satellite…
US aircraft carrier Carl Vinson arrives in South Korea port
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 of extended deterrence against North Korea’s nuclear…
China, South Korea to establish mechanism on practical economic cooperation
BEIJING (Reuters) – China and South Korea will establish a mechanism on practical economic cooperation, Chinese state media reported on Wednesday, following a meeting of economic planning officials from both countries. Chinese…
South Korea inflation likely to ease in November – finance minister
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 finance minister said on Sunday. South Korea’s…
North Korea condemns Blinken’s comments on ties with Russia -KCNA
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 and military tensions on the Korean peninsula,…
South Korea economic growth to exceed potential rate in 2024, Yoon says
SEOUL (Reuters) – South Korean President Yoon Suk Yeol said on Tuesday the economy in 2024 would exceed the potential growth rate after picking up pace in the second half of 2023,…
Justice Department Announces Court-Authorized Action to Disrupt Illicit Revenue Generation Efforts of Democratic People’s Republic of Korea Information Technology Workers
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 Korean information technology (IT) workers in a…
Bank of Korea to hold base rate on Oct. 19, rate cut call pushed to Q2 2024 – Reuters poll
By Anant Chandak BENGALURU (Reuters) – The Bank of Korea will keep its key policy rate unchanged for a sixth consecutive meeting on Oct. 19 but maintain a hawkish bias on resurging…
North Korea accuses US of stoking tension with ‘nuclear supremacy’
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 U.S. pursuit of “nuclear supremacy,” state media…
South Korea plans to offer bigger tax refunds to foreign tourists – Finance Minister
SEOUL (Reuters) – South Korea is considering raising the maximum amount of tax refunds for foreign tourists on their domestic shopping, its finance minister said on Monday, to boost consumer spending amid…
South Korea to fine two Hong Kong banks for naked short-selling
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 likely result in record fines. The two…
White House accuses North Korea of providing Russia with weapons
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 development and raising concerns about the expanded…
US aircraft carrier docks in South Korea after exercises
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 sending a message of deterrence to North…
South Korea household debt growth slows in September
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 bank data showed on Thursday. Total household…
South Korea central bank chief sees inflation just above 3% by year-end
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 end of this year as price pressures…
North Korea says military satellite key to countering U.S. ‘space militarisation’
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 United States’ preemptive nuclear strike capability and…
North Korea slams UN nuclear agency as US mouthpiece
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 resolution over its nuclear programmes, calling the…
North Korea blames US for ‘grave terrorist’ act against Cuban embassy
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 recent attack against the Cuban embassy in…
South Korea to allow foreign financial firms to trade won onshore
SEOUL (Reuters) – South Korea said on Tuesday it will begin accepting applications starting Oct. 18 from foreign financial institutions for permits to participate in the onshore dollar-won interbank market. The finance…
US, South Korea, Japan raise concerns over Russia-North Korea military cooperation
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 and North Korea, including possible arms trade,…
South Korea asks US to resolve chip trade issues
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 and subsidies for chip investment. Industry Minister…
China’s exports growth to North Korea quickens in August
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 trade resumed and Pyongyang gradually reopened from…
South Korea house prices climb for second month in August
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. The nationwide house transaction price index rose…
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