North Korea Threatens To Start Shooting Down US Planes
North Korea Threatens To Start Shooting Down US Planes Jake Smith on July 10, 2023 North Korea warned that it could start shooting down U.S. …
Korea
South Korea consumer inflation hits 21-month low
SEOUL (Reuters) -South Korea’s consumer inflation slowed more than expected and hit a 21-month low, official data showed on Tuesday, weighed by falling oil and …
South Korea factory activity suffers longest downturn in at least 19 years
SEOUL (Reuters) – South Korea’s factory activity shrank at a steeper pace in June and extended its downturn to a record 12th consecutive month, a …
South Korea unveils sanctions on Russian national over North’s weapons programmes
SEOUL (Reuters) – South Korea on Wednesday announced new sanctions on two individuals and two entities over their alleged involvement in North Korea’s weapons programmes, …
South Korea consumer sentiment extends gains, inflation expectations flat
SEOUL (Reuters) – Consumer sentiment in South Korea ticked further up in June to the highest in just over a year, while inflation expectations remained …
North Korea says U.S. has ‘sinister intention’ in rejoining UNESCO
SEOUL (Reuters) – North Korea criticised on Tuesday the U.S. plan to rejoin the U.N. cultural agency UNESCO as a “sinister” move to use an …
South Korea, U.S. agree to step up cyber security cooperation at high-level meeting
SEOUL (Reuters) – South Korea and the United States agreed to step up cooperation on cyber security after holding a high-level meeting on the issue …
US-Made Air Defense System Cleared To Deploy In South Korea, Angering China
US-Made Air Defense System Cleared To Deploy In South Korea, Angering China Micaela Burrow on June 21, 2023 A powerful U.S.-made missile defense system cleared …
YouTube to launch its first official shopping channel in South Korea -Yonhap
SEOUL (Reuters) -YouTube will launch its first official shopping channel for live commerce in South Korea on June 30, Yonhap news agency reported on Wednesday. …
North Korea criticises Blinken’s China visit as ‘begging trip’
SEOUL (Reuters) – North Korea on Wednesday criticised U.S. Secretary of State Anthony Blinken’s recent visit to Beijing as a “begging trip” to ease tensions …
South Korea producer inflation slowest in almost 2-1/2 years
SEOUL (Reuters) – South Korea’s producer inflation slowed in May to its weakest pace in nearly 2-1/2 years, central bank data showed on Wednesday, due …
South Korea to gradually normalise regulations on banks from H2
SEOUL (Reuters) – South Korea will gradually unwind relaxed regulations on banks from the second half of this year, the country’s financial regulator said on …
North Korea starts key party meeting to discuss defence strategy – KCNA
SEOUL (Reuters) – North Korea convened a key party meeting to decide its diplomatic and defence strategy “to cope with the changed international situation”, with …
U.S., Japan, Philippines discuss S China sea, North Korea
WASHINGTON (Reuters) – The national security advisers of the United States, Japan and the Philippines on Friday discussed regional security issues and ways to strengthen …
South Korea, U.S. to hold high-level meeting on cyber security
SEOUL (Reuters) – South Korea and the United States will hold a high-level meeting on cyber security in Washington on June 20, the presidential office …
North Korea fires two short-range missiles after warning of response to allied drills
SEOUL (Reuters) – North Korea fired two short-range missiles off its east coast on Thursday, South Korea’s military said, less than an hour after Pyongyang …
Bank of Korea board members: Too early to be complacent on inflation
SEOUL (Reuters) – Most Bank of Korea monetary policy board members said at their latest policy meeting on May 25 it was not yet time …
U.S. concerned North Korea planning to deliver more weapons to Russia
WASHINGTON (Reuters) – The United States is concerned that North Korea is planning to deliver more weapons to Russia, a U.S. State Department spokesperson said …
South Korea revised Q1 GDP +0.3% q/q, unchanged from earlier estimate
SEOUL (Reuters) – South Korea’s economy grew 0.3% in the first quarter from the previous quarter, revised central bank data showed on Friday, matching its …
North Korea Confirms Fate Of Spy Satellite Meant To Spy On US Military
North Korea Confirms Fate Of Spy Satellite Meant To Spy On US Military Micaela Burrow on May 31, 2023 A projectile that triggered an evacuation …
South Korea factory activity slumps into longest downtrend since early 2009 – PMI
SEOUL (Reuters) – South Korea’s factory activity shrank for an 11th consecutive month in May, slumping into its longest downtrend in 14 years, a survey …
South Korea uses AI to measure North Korean leader’s weight, lawmaker says
By Soo-hyang Choi SEOUL (Reuters) – North Korean leader Kim Jong Un is believed to weigh over 140 kg (308 lb) according to an artificial …
North Korea Announces Plans To Launch First Military Satellite To Spy On ‘The US And Its Vassal Forces’
North Korea Announces Plans To Launch First Military Satellite To Spy On ‘The US And Its Vassal Forces’ Micaela Burrow on May 30, 2023 North …
South Korea, Australia agree to step up defence cooperation
SEOUL (Reuters) -South Korea and Australia’s defence chiefs agreed on Tuesday to step up defence cooperation, South Korea’s defence ministry said. Korean Defence Minister Lee …
South Korea cuts tariffs on food imports to ease living costs
SEOUL (Reuters) – South Korea will cut tariffs from June on higher priced edible products, including pork and sugar, to help ease people’s living costs, …
North Korea to hold key ruling party meeting in early June
SEOUL (Reuters) – North Korea’s ruling party will hold a key meeting in early June to review the country’s economic plans, state media KCNA reported …
Pacific islands, in spotlight, to push climate change in South Korea summit
By Kirsty Needham SYDNEY (Reuters) – Pacific island leaders will meet South Korea’s President Yoon Suk Yeol in Seoul on Monday, their third summit in …
North Korea media slams missile warning pact between Seoul, US, Japan
SEOUL (Reuters) – North Korean media criticised on Thursday plans by South Korea, the United States and Japan to share real-time data on Pyongyang’s missile …
Marketmind: U.S. default risk clouds Korea, Indonesia rate decisions
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The central banks of South Korea and Indonesia …
South Korea producer inflation slows to 27-month low in April
SEOUL (Reuters) – South Korea’s producer prices rose in April at the slowest pace in 27 months, as agricultural and utility prices fell, central bank …
South Korea cancels third launch of homegrown rocket due to technical problems
SEOUL (Reuters) -South Korea cancelled the third flight of its homegrown space rocket on Wednesday because of technical problems hours before a launch that was …
South Korea asks US to review China rule for chip subsidies
By Soo-hyang Choi SEOUL (Reuters) – South Korea has asked Washington to review its criteria for new semiconductor subsidies, concerned over the impact of rules …
South Korea household credit shrinks at record pace in first quarter
SEOUL (Reuters) – South Korea’s household credit shrank at a record pace in the first quarter as high interest rates suppressed demand, central bank data …
Bank of Korea to hold rates until end of September, cut in Q4- Reuters poll
By Anant Chandak BENGALURU (Reuters) – The Bank of Korea will keep interest rates unchanged for a third time on Thursday to assess the impact …
South Korea consumer sentiment hits 1-year high, inflation expectations weaken
SEOUL (Reuters) – Consumer sentiment in South Korea improved in May to the highest level in a year, with their inflation expectations weakening, a central …
Abu Dhabi identifies $2 billion in investment opportunities in South Korea
SEOUL (Reuters) – Abu Dhabi organisations have identified about $2 billion of investment opportunities in South Korea after the two sides agreed to expand business …
South Korea May 1-20 exports fall 16.1% on year
SEOUL (Reuters) – South Korean exports in the first 20 days of May fell 16.1% from a year earlier and imports dropped by 15.3%, customs …
Taiwan speaker hails Japan, South Korea and Philippines for ‘crescent of defense’
By David Brunnstrom and Michael Martina WASHINGTON (Reuters) – The speaker of Taiwan’s parliament praised Japan, South Korea and the Philippines on Tuesday for helping …
South Korea think tank cuts 2023 growth forecast due to poor exports
SEOUL (Reuters) – South Korea’s top government research body has cut its economic growth forecast for this year to 1.5% from its earlier view of …
South Korea to drop mandatory 7-day quarantine for COVID patients from June
By Hyonhee Shin SEOUL (Reuters) – South Korea on Thursday lowered its crisis level for COVID-19 and will from June no longer require infected people …
Coffee chain Tim Hortons to open stores in South Korea
NEW YORK (Reuters) – North American coffee shop chain Tim Hortons will enter the retail market in South Korea later this year, its parent company …
South Korea current account swings back to surplus in March
SEOUL (Reuters) – South Korea’s current account balance in March ended a two-month run of deficit to post a surplus, but suffered its biggest quarterly …
US push for UN censure of North Korea appears to stall -diplomats
By Michelle Nichols UNITED NATIONS (Reuters) -U.N. Security Council negotiations on a U.S. push for the 15-member body to condemn North Korea’s intercontinental ballistic missile (ICBM) …
U.S. banking woes a major factor behind Bank of Korea rate freeze
SEOUL (Reuters) – Most of the South Korean central bank’s board members cited concerns about the U.S. banking sector’s health as a major factor to …
South Korea, Indonesia central banks agree to promote local currency transactions
SEOUL (Reuters) – The central banks of South Korea and Indonesia signed a memorandum of understanding on Tuesday to cooperate on promoting the use of …
Bank of Korea sees rapid pace of inflation easing for awhile
SEOUL (Reuters) – South Korea’s central bank said on Tuesday inflation would keep easing at a rapid pace through the middle of this year, although …
South Korea factory activity shrinks in April, marks longest downturn in 6 years – PMI
SEOUL (Reuters) – South Korea’s factory activity shrank for a 10th consecutive month in April and for its longest streak in six years, a survey …
South Korea finance minister: South Korea, Japan, China cooperation more important as world economy at inflection point
INCHEON, South Korea (Reuters) – South Korea’s finance minister said on Tuesday that the trilateral cooperation between South Korea, Japan and China has became more …
North Korea blasts U.S.-South Korea summit deal for escalating tension
By Hyonhee Shin SEOUL (Reuters) – North Korea criticised a recent U.S-South Korea agreement to bolster the deployment of American strategic assets in the region …
U.S. and South Korea agree to minimise chipmakers’ uncertainties on subsidy requirements -ministry
SEOUL (Reuters) – The U.S. secretary of commerce and her South Korean counterpart agreed to “minimise uncertainties” of chipmakers’ investments amid new U.S. semiconductor subsidies, …