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…
Factbox-North Korea cites race in US military over Travis King case
(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 the military. The United States has acknowledged…
South Korea house prices snap 13 months of decline
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 for preferred residential complexes in the capital…
Explainer-Travis King: who is the US soldier who crossed into North Korea?
SEOUL (Reuters) – North Korea confirmed for the first time on Wednesday that it is holding American soldier Travis King, saying he crossed the border last month to escape racism and mistreatment…
South Korea to grant 23 trln won in financing support for exporters
SEOUL (Reuters) – South Korea will expand financing support for exporting companies by around 50% more this year, the financial regulator said on Wednesday, to bolster exports amid persistently weak demand. The…
Exclusive-US, S. Korea, Japan to launch new defense steps at Camp David -officials
By Trevor Hunnicutt, David Brunnstrom and Steve Holland WASHINGTON (Reuters) – The United States, Japan and South Korea will launch a series of joint initiatives on technology and defense when the countries’…
UN Security Council to meet on rights abuses in North Korea
By Michelle Nichols UNITED NATIONS (Reuters) – The United Nations Security Council will meet publicly to discuss human rights abuses in North Korea next week, a move requested by the United States,…
South Korea think-tank raises inflation forecast on higher energy prices
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 said the need for interest rate hikes…
South Korea household borrowing grows further, countermeasures eyed
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 bank data showed on Wednesday, amid mounting…
North Korea Gov’t Group Hacked Russian Missile Maker, Despite Kim’s Promise Of ‘Full Support’ To Putin: REPORT
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 espionage groups hacked a major Russian missile…
Soldier Who Ran Into North Korea Sent ‘Unusual’ Messages In Months Before Disappearance, Family Representative Says
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 sent strange messages to his family while…
Too hot for K-pop as South Korea scrambles to save scout jamboree
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 heat safety concerns as the host pressed…
Last fugitive linked to ferry disaster extradited to South Korea
SEOUL (Reuters) – A South Korean businessman wanted for nine years by authorities was extradited from the United States on Friday to face charges linked to one of the country’s worst maritime…
North Korea responds to UN Command on US Private Travis King -Pentagon
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 who dashed over the heavily-guarded border with…
S. Korea July exports fall the most in over 3 years as China sputters
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 data showed on Tuesday, raising concerns that…
South Korea factories regain some footing as export orders turn around – PMI
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 in nearly 1-1/2 years, a private business…
North Korea economy shrank for third year in 2022 -South’s central bank
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 weigh on economic activity in the isolated…
South Korea June factory output falls more than expected
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 industrial output index fell 1.0% in June…
Biden to host Camp David summit with Japan and South Korea next month -US congressman
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 at Camp David next month, the co-chair…
South Korea proposes tax cuts to stimulate corporate investment, childbirth
By Jihoon Lee SEOUL (Reuters) – South Korea on Thursday proposed tax cuts to encourage companies to shift operations back home and nurture the biopharmaceutical and visual entertainment industries, to stimulate domestic…
South Korea export downturn seen worsening on weak China demand: Reuters poll
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 Thursday, signalling a bumpy road towards recovery.…
Explainer-Russia and North Korea forge closer ties amid shared isolation
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 a military expo in Pyongyang, signalling deeper…
Bank of Korea tweaks lending facility to boost liquidity
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 for supplying liquidity to banks, strengthening its…
South Korea to ease loan curbs for some homeowners paying ‘jeonse’ deposits
SEOUL (Reuters) – South Korea will loosen loan regulations for homeowners having difficulty repaying “jeonse” deposits to tenants, for a year starting on Thursday, the financial regulator said. Jeonse refers to South…
South Korea consumer sentiment climbs for fifth month
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 decline, a central bank survey showed on…
‘Conversation’ Started With North Korea Over Fate Of US Soldier, UN Says
‘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 over U.S. Army Private Travis King, who…
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