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Korea

Norway sovereign wealth fund excludes Korea Gas, India’s GAIL over Myanmar link

April 27, 2023
Norway sovereign wealth fund excludes korea gas, india's gail over myanmar link - photo licensed by shore news network.

(Reuters) – The Norwegian central bank on Thursday excluded two oil and gas companies from its $1.4-trillion wealth fund, the world’s largest, citing ethical concerns …

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South Korea exports set for longest falling streak in over three years- Reuters poll

April 27, 2023
South korea exports set for longest falling streak in over three years- reuters poll - photo licensed by shore news network.

By Jihoon Lee SEOUL (Reuters) – South Korea’s exports likely fell in April for a seventh consecutive month and their longest falling streak in more …

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U.S. and South Korea agreed to boost economic partnerships in chips, EVs, batteries

April 26, 2023
U. S. And south korea agreed to boost economic partnerships in chips, evs, batteries - photo licensed by shore news network.

WASHINGTON (Reuters) – South Korea and the U.S. agreed to boost economic partnerships in critical technology industries such as microchips, electric vehicles and batteries, said …

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Bolton calls for redeploying tactical nuclear weapons in South Korea

April 25, 2023
Bolton calls for redeploying tactical nuclear weapons in south korea - photo licensed by shore news network.

By Hyonhee Shin SEOUL (Reuters) – The United States should redeploy tactical nuclear weapons in South Korea to send a clear message to North Korea …

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Marketmind: South Korea to avoid recession … just

April 24, 2023
Marketmind: south korea to avoid recession... Just - photo licensed by shore news network.

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. As world markets tread water ahead of U.S. …

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South Korea to join global stress test on banks

April 23, 2023
South korea to join global stress test on banks - photo licensed by shore news network.

SEOUL (Reuters) – South Korea will voluntarily join a global stress test on banks, hoping to gain from a thorough analysis of risks they face …

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China’s exports to North Korea rise sharply in March

April 21, 2023
China's exports to north korea rise sharply in march - photo licensed by shore news network.

BEIJING (Reuters) – China’s overall exports to North Korea in March rose sharply compared with the same month last year for the second month in …

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South Korea March producer inflation eases to weakest in 25 months

April 20, 2023
South korea march producer inflation eases to weakest in 25 months - photo licensed by shore news network.

SEOUL (Reuters) – South Korea’s producer inflation slowed in March to the weakest level in 25 months, central bank data showed on Friday, led by …

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North Korea celebrates building 10,000 modern homes in Pyongyang

April 17, 2023
North korea celebrates building 10,000 modern homes in pyongyang - photo licensed by shore news network.

SEOUL (Reuters) -North Korea held a ceremony on Sunday to celebrate the completion of 10,000 new modern homes in the newly built Hwasong District in …

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South Korea and Japan’s finance ministers to hold first bilateral talks in 7 years

April 16, 2023
South korea and japan's finance ministers to hold first bilateral talks in 7 years - photo licensed by shore news network.

SEOUL/TOKYO (Reuters) – South Korea and Japan’s finance ministers will hold a bilateral meeting early next month for the first time in seven years, heralding …

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Explainer-What is solid-fuel technology, and why is North Korea eager to develop it?

April 14, 2023
Explainer-what is solid-fuel technology, and why is north korea eager to develop it? - photo licensed by shore news network.

By Hyonhee Shin SEOUL (Reuters) – North Korea says it has tested a new solid-fuel intercontinental ballistic missile (ICBM), its first known use of the …

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Canada, South Korea eye intelligence-sharing pact – government source

April 13, 2023
Canada, south korea eye intelligence-sharing pact - government source - photo licensed by shore news network.

OTTAWA (Reuters) – Canada and South Korea plan to launch talks on an information security agreement to facilitate intelligence-sharing and promote security ties, a Canadian …

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US Gets 500,000 Artillery Shells On Loan From South Korea Due To Fill Plummeting Stocks

April 14, 2023April 13, 2023
Us gets 500,000 artillery shells on loan from south korea due to fill plummeting stocks - photo licensed by shore news network.

US Gets 500,000 Artillery Shells On Loan From South Korea Due To Fill Plummeting Stocks Micaela Burrow on April 12, 2023 The U.S. reached an …

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Japan says evacuation warning for North Korea missile was not a mistake

April 12, 2023
Japan says evacuation warning for north korea missile was not a mistake - photo licensed by shore news network.

TOKYO (Reuters) – The Japanese government said the emergency evacuation warning it issued and later retracted against residents of the northern island of Hokkaido after …

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South Korea import prices drop in March at fastest pace in 27 months

April 12, 2023
South korea import prices drop in march at fastest pace in 27 months - photo licensed by shore news network.

SEOUL (Reuters) – South Korea’s import prices dropped in March at their fastest pace in 27 months, dragged down by weaker oil prices, central bank …

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North Korea parade ‘probably oversells’ ICBM threat -leaked document

April 11, 2023
North korea parade 'probably oversells' icbm threat -leaked document - photo licensed by shore news network.

By Idrees Ali and David Brunnstrom WASHINGTON (Reuters) – U.S. intelligence analysts believe a recent military parade in North Korea “probably oversells” the threat its …

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South Korea to set up $759 million corporate restructuring fund

April 11, 2023

SEOUL (Reuters) – South Korea’s financial regulator said on Tuesday the government would set up a 1 trillion won ($758.97 million) public fund to support …

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South Korea to discuss ‘issues raised’ from leaked documents with US

April 10, 2023

(This April 9 story has been refiled to clarify meaning in paragraph 6) SEOUL (Reuters) – South Korea is aware of news reports about a …

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South Korea to offer $5.3 billion in financing to support battery investment in North America

April 7, 2023
South korea to offer $5. 3 billion in financing to support battery investment in north america - photo licensed by shore news network.

By Heekyong Yang SEOUL (Reuters) – South Korea on Friday said it will provide 7 trillion won ($5.32 billion) in financial support for its battery …

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Bank of Korea to hold base rate at 3.50%, may cut by end of year – Reuters poll

April 6, 2023
Bank of korea to hold base rate at 3. 50%, may cut by end of year - reuters poll - photo licensed by shore news network.

By Anant Chandak BENGALURU (Reuters) – The Bank of Korea will opt to support a rapidly slowing economy by holding its main interest rate at …

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North Korea slams U.S. for protecting raiders of Spain embassy in 2019 case

April 3, 2023
North korea slams u. S. For protecting raiders of spain embassy in 2019 case - photo licensed by shore news network.

By Hyonhee Shin SEOUL(Reuters) – North Korea criticized the U.S. for refusing to extradite a man who was accused of staging a break-in at North …

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High activity spotted at North Korea nuclear complex after Kim’s bomb-fuel order-report

April 1, 2023
High activity spotted at north korea nuclear complex after kim's bomb-fuel order-report - photo licensed by shore news network.

WASHINGTON (Reuters) – Satellite images show a high level of activity at North Korea’s main nuclear site, a U.S. think tank reported on Saturday after …

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S. Korea calls for lenders’ cooperation to lower borrowing costs

March 30, 2023

SEOUL (Reuters) -South Korea’s top financial regulator on Friday called on the country’s major banking groups to cooperate with the government’s efforts to help cut …

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South Korea March exports likely to see steepest decline in nearly three years – Reuters poll

March 30, 2023
South korea march exports likely to see steepest decline in nearly three years - reuters poll - photo licensed by shore news network.

By Jihoon Lee SEOUL (Reuters) – South Korea’s exports likely fell in March at the steepest pace in nearly three years, a Reuters survey showed …

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South Korea to host third ‘Summit for Democracy’ -joint statement

March 29, 2023
South korea to host third 'summit for democracy' -joint statement - photo licensed by shore news network.

SEOUL (Reuters) – South Korea will host a third “Summit for Democracy”, President Yoon Suk Yeol said in a statement with U.S. President Joe Biden …

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South Korea vows support for domestic consumption, cautious on inflation

March 28, 2023
South korea vows support for domestic consumption, cautious on inflation - photo licensed by shore news network.

By Choonsik Yoo SEOUL (Reuters) – South Korea unveiled on Wednesday a package of measures aimed at boosting domestic consumption, but stopped short of offering …

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South Korea consumer sentiment improves to nine-month high in March

March 28, 2023
South korea consumer sentiment improves to nine-month high in march - photo licensed by shore news network.

SEOUL (Reuters) – South Korea’s consumer sentiment improved in March to its highest level in nine months, with inflation expectations easing from a month earlier, …

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GEM plans nickel joint venture in South Korea to serve US demand

March 24, 2023
Gem plans nickel joint venture in south korea to serve us demand - photo licensed by shore news network.

BEIJING (Reuters) – China’s GEM Co Ltd, a battery and material recycler, has signed a joint venture agreement with SK On and ECOPRO Materials to …

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North Korea fires 4 cruise missiles off its east coast, South Korea says

March 23, 2023
North korea fires 4 cruise missiles off its east coast, south korea says - photo licensed by shore news network.

By Soo-hyang Choi SEOUL (Reuters) -North Korea fired four cruise missiles off its east coast on Wednesday as its rivals South Korea and the United …

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US amphibious assault ship joins drills in South Korea

March 23, 2023
Us amphibious assault ship joins drills in south korea - photo licensed by shore news network.

By Soo-hyang Choi BUSAN, South Korea (Reuters) – South Korean and U.S. troops launched their largest amphibious landing drills in years involving a U.S. amphibious …

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North Korea doesn’t appear poised for imminent nuclear test, U.S. official says

March 22, 2023
North korea doesn't appear poised for imminent nuclear test, u. S. Official says - photo licensed by shore news network.

By Phil Stewart WASHINGTON (Reuters) – North Korean leader Kim Jong Un does not appear poised to carry out a nuclear test during U.S.-South Korea …

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South Korea vows swift market stabilisation measures if needed

March 22, 2023
South korea vows swift market stabilisation measures if needed - photo licensed by shore news network.

SEOUL (Reuters) – South Korea’s finance minister said on Thursday the economic and financial policy authorities would keep closely monitoring the markets situation and take …

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South Korea, US to hold largest live-fire drills amid North Korea tension

March 22, 2023
South korea, us to hold largest live-fire drills amid north korea tension - photo licensed by shore news network.

By Hyonhee Shin SEOUL (Reuters) – South Korean and U.S. forces will hold their largest-ever live-fire exercises in June in a show of force to …

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South Korea takes step to cut homeowners’ tax as housing prices tumble

March 22, 2023
South korea takes step to cut homeowners' tax as housing prices tumble - photo licensed by shore news network.

SEOUL (Reuters) – South Korea has sharply lowered official reference housing prices for this year, which will result in a large fall in taxes for …

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US, China, Russia argue over North Korea at United Nations

March 20, 2023
Us, china, russia argue over north korea at united nations - photo licensed by shore news network.

By Michelle Nichols UNITED NATIONS (Reuters) – The United States, China and Russia argued during a United Nations Security Council meeting on Monday over who …

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North Korea Drills ‘Nuclear Counterattack,’ Appears To Launch Missile From Silo

March 20, 2023
North korea drills ‘nuclear counterattack,’ appears to launch missile from silo - photo licensed by shore news network.

North Korea Drills ‘Nuclear Counterattack,’ Appears To Launch Missile From Silo Micaela Burrow on March 20, 2023 North Korean dictator Kim Jong Un oversaw drills …

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China’s exports to North Korea more than double in Jan-Feb on agricultural shipments

March 20, 2023

BEIJING (Reuters) – China’s overall exports to North Korea more than doubled in the first two months of 2023 from a year earlier, with major …

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North Korea Says It Aimed To ‘Strike Fear Into The Enemies’ With Latest Missile Test

March 17, 2023
North korea says it aimed to ‘strike fear into the enemies’ with latest missile test - photo licensed by shore news network.

North Korea Says It Aimed To ‘Strike Fear Into The Enemies’ With Latest Missile Test Nino Cambria on March 17, 2023 North Korea claimed Friday …

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Factbox-What Japan, South Korea leaders achieved at first working meeting in 12 years

March 16, 2023
Factbox-what japan, south korea leaders achieved at first working meeting in 12 years - photo licensed by shore news network.

TOKYO (Reuters) – Japanese Prime Minister Fumio Kishida and South Korean President Yoon Suk Yeol met on Thursday in Tokyo, aiming to thaw years of …

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South Korea BOK member calls for closer watch of core inflation

March 16, 2023
South korea bok member calls for closer watch of core inflation - photo licensed by shore news network.

SEOUL (Reuters) – One of the Bank of Korea’s board members said on Thursday that core inflation should be watched more closely than the headline …

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South Korea considering asking banks to build more capital buffers

March 15, 2023

SEOUL (Reuters) – South Korea is considering requiring banks to hold more capital as part of efforts to make the banking system better prepared for …

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Analysis-China, North Korea loom large as South Korea and Japan try to make amends

March 15, 2023
Analysis-china, north korea loom large as south korea and japan try to make amends - photo licensed by shore news network.

By Josh Smith and Ju-min Park SEOUL (Reuters) – South Korea’s willingness to resolve historical disputes in the name of improving relations with Japan is …

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South Korea home prices fall again in Feb, but pace moderates

March 15, 2023
South korea home prices fall again in feb, but pace moderates - photo licensed by shore news network.

SEOUL (Reuters) – South Korea’s home prices fell for a ninth consecutive month in February but the pace of declines slowed for a second month …

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South Korea import prices fall in Feb for first time in two years

March 13, 2023
South korea import prices fall in feb for first time in two years - photo licensed by shore news network.

SEOUL (Reuters) – South Korea’s import prices for February fell in annual terms for the first time in two years on weaker oil prices, central …

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North Korea says it defused US Korean War bombs at Pyongyang apartment site

March 10, 2023

By Josh Smith SEOUL (Reuters) – Workers at an apartment construction site in the North Korean capital, Pyongyang, have discovered more than 110 bombs, shells, …

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South Korea Jan. current account logs record monthly deficit

March 9, 2023
South korea jan. Current account logs record monthly deficit - photo licensed by shore news network.

SEOUL (Reuters) – South Korea’s current account logged a record deficit in January, central bank data showed on Friday, as exports of goods slumped and …

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South Korea to reactivate FX swap between pension fund, cenbank

March 9, 2023
South korea to reactivate fx swap between pension fund, cenbank - photo licensed by shore news network.

By Yena Park and Jihoon Lee SEOUL (Reuters) -South Korea’s finance minister said on Thursday foreign exchange authorities were in talks to reactivate market stabilizing …

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Bank of Korea expects monetary tightening to weigh more heavily on growth this year

March 8, 2023
Bank of korea expects monetary tightening to weigh more heavily on growth this year - photo licensed by shore news network.

SEOUL (Reuters) – South Korea’s central bank said the lagged effects of its aggressive streak of monetary tightening would have a bigger negative impact on …

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Kim Jong Un’s Sister Threatens US, South Korea Over Recent Joint Military Drills

March 7, 2023
Kim jong un’s sister threatens us, south korea over recent joint military drills - photo licensed by shore news network.

In a separate statement, North Korea’s foreign ministry called the B-52 flyover a reckless provocation, according to the AP. “There is no guarantee that there …

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South Korea revised Q4 GDP -0.4% q/q, matching earlier estimate

March 6, 2023
South korea revised q4 gdp -0. 4% q/q, matching earlier estimate - photo licensed by shore news network.

SEOUL (Reuters) – South Korea’s economy contracted 0.4% in the fourth quarter from a quarter earlier, revised central bank data showed on Tuesday, matching its …

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