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korea’s

North Korea’s Kim convenes meeting to improve economy amid fears of food shortages

February 26, 2023
North korea's kim convenes meeting to improve economy amid fears of food shortages - photo licensed by shore news network.

By Josh Smith SEOUL (Reuters) – North Korean leader Kim Jong Un kicked off a meeting of ruling party officials to discuss improving the country’s …

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South Korea’s world lowest fertility rate drops again

February 22, 2023
South korea's world lowest fertility rate drops again - photo licensed by shore news network.

SEOUL (Reuters) – South Korea’s fertility rate dropped last year to a record low, data showed on Wednesday, in yet another grim milestone for the …

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South Korea’s ‘jeonse’ rent-free renters hit by property downturn

February 21, 2023
South korea's 'jeonse' rent-free renters hit by property downturn - photo licensed by shore news network.

By Jihoon Lee SEOUL (Reuters) – A downturn in South Korea’s home prices is causing pain in the country’s unusual rent-free rental system that benefited …

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U.S. Indo-Pacific Command aware of North Korea’s ballistic missile launch

February 18, 2023

(Reuters) – The U.S. Indo-Pacific Command on Saturday said it was aware of North Korea’s ballistic missile launch and was consulting closely with the South …

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South Korea’s think tank warns of steeper economic slowdown in H1

February 8, 2023
South korea's think tank warns of steeper economic slowdown in h1 - photo licensed by shore news network.

SEOUL (Reuters) – The rising cost of living is likely to hurt South Korea’s economy much more significantly in the first half of this year …

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South Korea’s Q4 GDP likely shrank, hints at possible recession – Reuters poll

January 19, 2023
South korea's q4 gdp likely shrank, hints at possible recession - reuters poll - photo licensed by shore news network.

By Veronica Dudei Maia Khongwir BENGALURU (Reuters) – South Korea’s export-dependent economy is forecast to have contracted in the fourth quarter, putting in its worst …

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S. Korea’s Hanwha Qcells to invest $2.5 billion in U.S. solar supply chain

January 11, 2023
S. Korea's hanwha qcells to invest $2. 5 billion in u. S. Solar supply chain - photo licensed by shore news network.

By Nichola Groom (Reuters) -South Korean solar energy company Qcells on Wednesday said it would invest $2.5 billion to expand its manufacturing capacity in the …

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South Korea’s Nov current account turns to deficit from surplus in Oct

January 9, 2023
South korea's nov current account turns to deficit from surplus in oct - photo licensed by shore news network.

SEOUL (Reuters) – South Korea had its third month of current account deficit in 2022 in November, mainly hit by still high import costs of …

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South Korea’s SK On plans a new, lower cost EV battery by 2025

January 6, 2023January 6, 2023
South korea's sk on plans a new, lower cost ev battery by 2025 - photo licensed by shore news network.

By Joseph White LAS VEGAS (Reuters) – South Korea’s SK On plans to produce a new, lithium-iron-phosphate electric vehicle battery by 2025 as part of …

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North Korea’s Kim purges ex-foreign minister, South Korean lawmakers say

January 5, 2023January 5, 2023
North korea's kim purges ex-foreign minister, south korean lawmakers say - photo licensed by shore news network.

By Hyonhee Shin SEOUL (Reuters) – North Korean leader Kim Jong Un has purged a former foreign minister who played an instrumental role in his …

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South Korea’s Yoon warns of ending military pact after North drone intrusion

January 4, 2023January 4, 2023
South korea's yoon warns of ending military pact after north drone intrusion - photo licensed by shore news network.

By Hyonhee Shin SEOUL (Reuters) – South Korean President Yoon Suk-yeol said on Wednesday he would consider suspending a 2018 inter-Korean military pact if the …

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North Korea’s Kim calls for new ICBM, greater nuclear arsenal

December 31, 2022

By Joyce Lee and Hyonhee Shin SEOUL (Reuters) -North Korean leader Kim Jong Un has ordered the development of new intercontinental ballistic missiles and massive …

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South Korea’s test flight of solid-propellant space launch vehicle successful – ministry

December 30, 2022

SEOUL (Reuters) – South Korea conducted a successful test flight of a solid-propellant space launch vehicle, the country’s defence ministry said on Friday. Earlier on …

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North Korea’s weapons programme defies COVID outbreak, reaches ‘uncharted territory’

December 27, 2022December 27, 2022
North korea's weapons programme defies covid outbreak, reaches 'uncharted territory' - photo licensed by shore news network.

By Josh Smith SEOUL (Reuters) – North Korea forged ahead with its missile programme in 2022 and took steps toward resuming testing of nuclear bombs, …

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South Korea’s president stresses need for labour reforms

December 21, 2022December 20, 2022
South korea's president stresses need for labour reforms - photo licensed by shore news network.

SEOUL (Reuters) – South Korean President Yoon Suk-yeol said on Wednesday reforming practices in the labour market should be a top priority for his government’s …

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South Korea’s Yoon vows full policy support to boost exports

December 4, 2022December 4, 2022
South korea's yoon vows full policy support to boost exports - photo licensed by shore news network.

SEOUL (Reuters) – South Korean President Yoon Suk-yeol renewed his pledge to focus all government resources on boosting exports, saying in a speech on Monday …

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South Korea’s FX reserves post biggest monthly gain in 13 on weaker dollar

December 4, 2022December 4, 2022
South korea's fx reserves post biggest monthly gain in 13 on weaker dollar - photo licensed by shore news network.

SEOUL (Reuters) – South Korea’s foreign exchange reserves increased in November for the first time in four months and by the largest amount in 13 …

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South Korea’s Yoon prepares to widen back-to-work order amid truckers’ strike

December 4, 2022
South korea's yoon prepares to widen back-to-work order amid truckers' strike - photo licensed by shore news network.

By Choonsik Yoo and Josh Smith SEOUL (Reuters) – South Korean President Yoon Suk-yeol on Sunday ordered preparations for widening a back-to-work order beyond the …

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Australian battery metal players key to South Korea’s EV ambition

November 30, 2022
Australian battery metal players key to south korea's ev ambition - photo licensed by shore news network.

SYDNEY (Reuters) – Australia will play a big role in South Korea’s ambition to lead the electric vehicle batteries market and diversify from China for …

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China’s Xi, in message to North Korea’s Kim, says willing to work together for regional, global stability -KCNA

November 25, 2022November 25, 2022
China's xi, in message to north korea's kim, says willing to work together for regional, global stability -kcna - photo licensed by shore news network.

SEOUL (Reuters) – Chinese President Xi Jinping stressed to North Korean leader Kim Jong Un that China would be willing to work together with North …

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Factbox-North Korea’s new Hwasong-17 ‘monster missile’

November 18, 2022

By Josh Smith SEOUL (Reuters) – North Korea said it test fired its massive new Hwasong-17 intercontinental ballistic missile (ICBM), in what analysts said may …

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U.S. condemns North Korea’s ballistic missile launch

November 18, 2022

(Reuters) – The United States condemned North Korea on Friday after the reclusive regime fired a suspected intercontinental ballistic missile. Japanese officials have said the …

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South Korea’s Oct import prices rise at slowest pace in 15 months

November 14, 2022
South korea's oct import prices rise at slowest pace in 15 months - photo licensed by shore news network.

SEOUL (Reuters) – South Korea’s export and import prices rose at slower paces in October, with the latter softening to a 15-month low, central bank …

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Analysis-North Korea’s other missiles: Salvaged debris shines light on aging air defences

November 11, 2022
Analysis-north korea’s other missiles: salvaged debris shines light on aging air defences - photo licensed by shore news network.

By Josh Smith SEOUL (Reuters) – The recovery of a Soviet-era anti-aircraft missile after a recent North Korean launch shows the age of the nuclear-armed …

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South Korea’s exports to fall in Oct for first time in two years- Reuters poll

October 28, 2022
South korea's exports to fall in oct for first time in two years- reuters poll - photo licensed by shore news network.

By Jihoon Lee SEOUL (Reuters) – South Korea’s exports likely fell in October, shrinking for the first time in two years in the face of …

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Two Koreas exchange warning shots near sea border amid tensions

October 25, 2022

By Soo-hyang Choi and Hyonhee Shin SEOUL (Reuters) -North and South Korea exchanged warning shots off the west coast on Monday, accusing each other of …

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South Korea’s economy likely ground to near halt in Q3 – Reuters Poll

October 24, 2022October 24, 2022
South korea's economy likely ground to near halt in q3 - reuters poll - photo licensed by shore news network.

By Devayani Sathyan BENGALURU (Reuters) – South Korea’s economy likely slowed to a near halt in the third quarter as weakening exports and rising interest …

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Explainer-Putin and North Korea’s Kim forge closer ties amid shared isolation

October 7, 2022October 7, 2022
Explainer-putin and north korea's kim forge closer ties amid shared isolation - photo licensed by shore news network.

By Josh Smith SEOUL (Reuters) – North Korean leader Kim Jong Un sent a birthday greeting to Russian President Vladimir Putin this week, congratulating him …

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U.S. accuses China, Russia of enabling North Korea’s Kim Jong Un

October 5, 2022October 5, 2022
U. S. Accuses china, russia of enabling north korea's kim jong un - photo licensed by shore news network.

By Michelle Nichols UNITED NATIONS (Reuters) -The United States accused China and Russia on Wednesday of enabling North Korean leader Kim Jong Un by protecting …

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Factbox-North Korea’s expanding missile capabilities

October 5, 2022October 5, 2022
Factbox-north korea's expanding missile capabilities - photo licensed by shore news network.

By Josh Smith SEOUL (Reuters) – This week’s rare North Korean test flight, which sent a missile soaring over Japan, underscored the nuclear-armed state’s rapidly …

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Yoon asks Biden to resolve South Korea’s concerns over Inflation Reduction Act -Yonhap

September 21, 2022September 21, 2022
Yoon asks biden to resolve south korea's concerns over inflation reduction act -yonhap - photo licensed by shore news network.

SEOUL (Reuters) – South Korean President Yoon Suk-yeol has asked his U.S. counterpart Joe Biden to resolve Seoul’s concerns over the recently passed U.S. Inflation …

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South Korea’s August jobless rate hits record low

September 15, 2022
South korea's august jobless rate hits record low - photo licensed by shore news network.

SEOUL (Reuters) – South Korea’s unemployment rate fell to a record low in August, while employed people increased for an 18th straight month, government data …

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Korea’s SK invests $100 million in EV-focused startup Atom Power

August 18, 2022
Korea’s sk invests $100 million in ev-focused startup atom power - photo licensed by shore news network.

By Paul Lienert DETROIT (Reuters) – Korea’s SK Inc has invested $100 million in North Carolina startup Atom Power, which aims to upgrade the electric …

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South Korea’s Kakao drops plan to sell stake in taxi-hailing unit

August 18, 2022
South korea's kakao drops plan to sell stake in taxi-hailing unit - photo licensed by shore news network.

SEOUL (Reuters) – South Korean tech conglomerate Kakao Corp said on Thursday it is no longer exploring plans to sell about 10% of unit Kakao …

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Biden, chairman of South Korea’s SK Group to meet virtually on Tuesday

July 25, 2022
Biden, chairman of south korea's sk group to meet virtually on tuesday - photo licensed by shore news network.

WASHINGTON/SEOUL – U.S. President Joe Biden will meet virtually on Tuesday with the chairman of South Korean conglomerate SK Group to discuss the company’s investments …

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Contract workers striking at South Korea’s Daewoo shipyard reach agreement – Yonhap

July 22, 2022
Contract workers striking at south korea's daewoo shipyard reach agreement - yonhap - photo licensed by shore news network.

SEOUL – Daewoo Shipbuilding & Marine Engineering has reached an agreement with striking contract workers, Yonhap news agency reported on Friday, in a dispute which …

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U.S. Treasury’s Yellen to meet South Korea’s Yoon on final leg of Asia trip

July 17, 2022
U. S. Treasury's yellen to meet south korea's yoon on final leg of asia trip - photo licensed by shore news network.

NUSA DUA, Indonesia – U.S. Treasury Secretary Janet Yellen will meet with South Korean President Yoon Suk-yeol and other senior officials in Seoul on Tuesday …

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Korea’s Posco to invest $136 million in Mexican plant by 2030, Mexico says

July 5, 2022
Korea's posco to invest $136 million in mexican plant by 2030, mexico says - photo licensed by shore news network.

MEXICO CITY – South Korean steelmaker Posco will by 2030 invest $136 million in a plant in the Mexican town of Ramos Arizpe in the …

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North Korea’s Kim says COVID ‘great turmoil’, 21 new deaths reported

May 14, 2022
North korea's kim says covid 'great turmoil', 21 new deaths reported - photo licensed by shore news network.

By Heekyong Yang and Jack Kim SEOUL -North Korean leader Kim Jong Un said on Saturday the spread of COVID-19 had thrust his country into …

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Exclusive-South Korea’s CJ CheilJedang puts Brazil soy crusher CJ Selecta up for sale, sources say

May 10, 2022
Exclusive-south korea's cj cheiljedang puts brazil soy crusher cj selecta up for sale, sources say - photo licensed by shore news network.

By Ana Mano SAO PAULO – The South Korean owner of Brazilian soy processor CJ Selecta has put the company up for sale, drawing interest …

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U.S., Japanese, South Korean officials condemn North Korea’s missile launch -State Dept

March 25, 2022
U. S. , japanese, south korean officials condemn north korea's missile launch -state dept - photo licensed by shore news network.

WASHINGTON – U.S. Special Representative for North Korea Sung Kim joined Japanese and South Korean officials in condemning Pyongyang’s ballistic missile launch, State Department spokesperson …

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South Korea’s Posco to invest $4 billion in lithium project in Argentina

March 21, 2022
South korea's posco to invest $4 billion in lithium project in argentina - photo licensed by shore news network.

BUENOS AIRES – South Korean steelmaker Posco said on Monday it will invest $4 billion in a new lithium mining project in Argentina, as the …

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Explainer-Why North Korea’s satellite launches are so controversial

March 7, 2022
Explainer-why north korea's satellite launches are so controversial - photo licensed by shore news network.

By Josh Smith SEOUL – North Korea appears preparing to launch a reconnaissance satellite, a move that may prove as controversial as the nuclear-armed country’s …

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South Korea’s Hyundai Motor to take a fresh crack at Japan sales

February 8, 2022February 8, 2022
South korea's hyundai motor to take a fresh crack at japan sales - photo licensed by shore news network.

By Tim Kelly and Maki Shiraki TOKYO – South Korea’s Hyundai Motor Co said on Tuesday it is returning to Japan 12 years after leaving …

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