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…
Marketmind: South Korea to avoid recession … just
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. mega-tech earnings and the Bank of Japan…
South Korea to join global stress test on banks
SEOUL (Reuters) – South Korea will voluntarily join a global stress test on banks, hoping to gain from a thorough analysis of risks they face on an international level, the country’s central…
China’s exports to North Korea rise sharply in March
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 a row, with the major export items…
South Korea March producer inflation eases to weakest in 25 months
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 agricultural and petroleum products. The producer price…
North Korea celebrates building 10,000 modern homes in Pyongyang
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 Pyongyang, state media KCNA reported. Leader Kim…
South Korea and Japan’s finance ministers to hold first bilateral talks in 7 years
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 closer cooperation in economic policy that has…
Explainer-What is solid-fuel technology, and why is North Korea eager to develop it?
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 propellant in a longer-range projectile, as it…
Canada, South Korea eye intelligence-sharing pact – government source
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 government source said on Thursday. Canadian Foreign…
US Gets 500,000 Artillery Shells On Loan From South Korea Due To Fill Plummeting Stocks
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 agreement last month to obtain 500,000 rounds…
Japan says evacuation warning for North Korea missile was not a mistake
TOKYO (Reuters) – The Japanese government said the emergency evacuation warning it issued and later retracted against residents of the northern island of Hokkaido after a North Korean missile launch on Thursday…
South Korea import prices drop in March at fastest pace in 27 months
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 data showed on Thursday. The import price…
North Korea parade ‘probably oversells’ ICBM threat -leaked document
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 inter-continental ballistic missiles (ICBMs) pose to the…
South Korea to set up $759 million corporate restructuring fund
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 companies that are undergoing a restructuring process.…
South Korea to discuss ‘issues raised’ from leaked documents with US
(This April 9 story has been refiled to clarify meaning in paragraph 6) SEOUL (Reuters) – South Korea is aware of news reports about a leak of several classified U.S. military documents…
South Korea to offer $5.3 billion in financing to support battery investment in North America
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 makers seeking to invest in infrastructure in…
Bank of Korea to hold base rate at 3.50%, may cut by end of year – Reuters poll
By Anant Chandak BENGALURU (Reuters) – The Bank of Korea will opt to support a rapidly slowing economy by holding its main interest rate at 3.50% on Tuesday, according to a Reuters…
North Korea slams U.S. for protecting raiders of Spain embassy in 2019 case
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 Korea’s embassy in Spain in 2019, saying…
High activity spotted at North Korea nuclear complex after Kim’s bomb-fuel order-report
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 the North Korean leader ordered an increase…
S. Korea calls for lenders’ cooperation to lower borrowing costs
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 borrowing costs for vulnerable people. “There have…
South Korea March exports likely to see steepest decline in nearly three years – Reuters poll
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 on Thursday, in a continued downtrend driven…
South Korea to host third ‘Summit for Democracy’ -joint statement
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 on Wednesday. “The United States and the…
South Korea vows support for domestic consumption, cautious on inflation
By Choonsik Yoo SEOUL (Reuters) – South Korea unveiled on Wednesday a package of measures aimed at boosting domestic consumption, but stopped short of offering big-ticket plans for fear of stoking inflation,…
South Korea consumer sentiment improves to nine-month high in March
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, a central bank survey showed on Wednesday.…
GEM plans nickel joint venture in South Korea to serve US demand
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 set up a plant in South Korea…
North Korea fires 4 cruise missiles off its east coast, South Korea says
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 States held joint military exercises, the South…
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