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…
China, Russia conclude drills as US, South Korea, Japan deepen security ties
BEIJING (Reuters) – China and Russia on Sunday wrapped up an air and naval exercise in the Sea of Japan aimed at “safeguarding” the security of waterways, the Chinese defence ministry said.…
Exclusive-G7, others ask China to stop North Korea sanctions evasion in its waters
By Michelle Nichols UNITED NATIONS (Reuters) – The Group of Seven, European Union and three other countries plan to appeal to China for help to stop North Korea evading United Nations sanctions…
South Korea export recovery to be sluggish compared with past – central bank
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 gap in competitiveness against China, the central…
South Korea annual economic growth likely slowed slightly in Q2 – Reuters poll
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 consumption that accounts for about half of…
South Korea producer prices fall for first time in 31 months
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 on Friday, dragged down by petroleum and…
Pentagon Can’t Say Whether Soldier Who Bolted Into North Korea Is Alive
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 across the border into North Korea and…
US, South Korea, Japan to hold summit in August -Yoon’s office
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 presidential office said on Thursday. Biden had…
China’s June exports to North Korea fell 6.6% month-on-month
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 June 2022 when the secretive state was…
For North Korea, US defectors can be a propaganda win, but a logistical pain
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 not be able to gain political leverage,…
Factbox-US soldier in North Korea not the first to flee to the secretive state
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. King and said he was facing disciplinary…
South Korea to hike minimum wage by 2.5% in 2024, smallest in three years
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 on Wednesday, amid slowing growth and high…
‘Bad Joke’: Soldier Detained In North Korea Ran Across Border Laughing After Escaping From Escort, Witness Says
‘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. soldier detained in North Korea on Tuesday…
U.S. soldier crosses into North Korea, U.S. officials say
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 anonymity. One of the officials said the…
South Korea home prices stabilise in June as buying in Seoul improves
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 the first time in a year with…
US, South Korea, Japan hold missile defence drill after North’s ICBM launch
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 missile threats, the South’s navy said, days…
Tesla begins sale of cheaper Model Y vehicle in South Korea
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), the automaker’ s website said, making the…
Explainer-What are solid-fuel missiles, and why is North Korea developing them?
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 the capability to launch with little preparation.…
Deposit withdrawals at South Korea credit union have stabilised -ministry
SEOUL (Reuters) – Customer withdrawals from MG Community Credit Cooperatives (MGCCC), a troubled South Korean credit union, have clearly stabilised amid government efforts to ward off a liquidity crunch, the interior ministry…
US, Japan, South Korea hold rare military meeting as North Korea launches missile
By Idrees Ali CAMP SMITH, Hawaii (Reuters) – The United States’ top general met his South Korean and Japanese counterparts for a rare trilateral meeting in Hawaii on Tuesday, as North Korea…
North Korea condemns US plan to send cluster munitions to Ukraine as ‘criminal’
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 an immediate withdrawal of the plan. The…
US Spy Aircraft Fled After North Korea Scrambled Jets, Kim Jong Un’s Sister Says
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 aircraft to fight, sending a U.S. surveillance…
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. spy planes caught in its airspace, according…
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 agricultural product prices. The consumer price index…
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 survey showed on Monday, underlining the challenges…
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, Seoul’s foreign ministry said. The sanctions target…
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