After election rout, compromise may better serve South Korea’s combative president
By Hyonhee Shin and Ju-min Park SEOUL (Reuters) – After rising to power by embracing uncompromising and sometimes combative politics, South Korea’s President Yoon Suk Yeol may have to rethink his signature…
South Korea’s think tank warns of steeper economic slowdown in H1
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 than previously thought, its top government research…
South Korea’s Q4 GDP likely shrank, hints at possible recession – Reuters poll
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 performance in 2-1/2 years as falling foreign…
S. Korea’s Hanwha Qcells to invest $2.5 billion in U.S. solar supply chain
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 United States, creating as many as 2,500…
South Korea’s Nov current account turns to deficit from surplus in Oct
SEOUL (Reuters) – South Korea had its third month of current account deficit in 2022 in November, mainly hit by still high import costs of energy at a time of shrinking exports,…
South Korea’s SK On plans a new, lower cost EV battery by 2025
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 an effort to deliver lower-cost batteries to…
North Korea’s Kim purges ex-foreign minister, South Korean lawmakers say
By Hyonhee Shin SEOUL (Reuters) – North Korean leader Kim Jong Un has purged a former foreign minister who played an instrumental role in his summits with former U.S. President Donald Trump…
South Korea’s Yoon warns of ending military pact after North drone intrusion
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 North violates its airspace again, his office…
North Korea’s Kim calls for new ICBM, greater nuclear arsenal
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 production of tactical nuclear weapons to counter…
South Korea’s test flight of solid-propellant space launch vehicle successful – ministry
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 Friday, South Korean media reported multiple citings…
North Korea’s weapons programme defies COVID outbreak, reaches ‘uncharted territory’
By Josh Smith SEOUL (Reuters) – North Korea forged ahead with its missile programme in 2022 and took steps toward resuming testing of nuclear bombs, as world events including the COVID pandemic…
South Korea’s president stresses need for labour reforms
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 drive to improve the way the country…
South Korea’s Yoon vows full policy support to boost exports
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 that exports had been and still were…
South Korea’s FX reserves post biggest monthly gain in 13 on weaker dollar
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 months, central bank data showed on Monday,…
South Korea’s Yoon prepares to widen back-to-work order amid truckers’ strike
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 cement industry amid a prolonged truckers’ strike.…
Australian battery metal players key to South Korea’s EV ambition
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 its battery metals needs, a top South…
China’s Xi, in message to North Korea’s Kim, says willing to work together for regional, global stability -KCNA
SEOUL (Reuters) – Chinese President Xi Jinping stressed to North Korean leader Kim Jong Un that China would be willing to work together with North Korea for regional and global peace, stability…
Factbox-North Korea’s new Hwasong-17 ‘monster missile’
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 be the first successful launch of the…
U.S. condemns North Korea’s ballistic missile launch
(Reuters) – The United States condemned North Korea on Friday after the reclusive regime fired a suspected intercontinental ballistic missile. Japanese officials have said the missile landed just 200 km (130 miles)…
South Korea’s Oct import prices rise at slowest pace in 15 months
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 data showed on Tuesday. The country’s export…
Analysis-North Korea’s other missiles: Salvaged debris shines light on aging air defences
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 country’s air defences – systems and aircraft…
South Korea’s exports to fall in Oct for first time in two years- Reuters poll
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 a global economic slowdown and rising interest…
Two Koreas exchange warning shots near sea border amid tensions
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 breaching their maritime borders amid heightened military…
South Korea’s economy likely ground to near halt in Q3 – Reuters Poll
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 rates knocked the wind out of what…
Explainer-Putin and North Korea’s Kim forge closer ties amid shared isolation
By Josh Smith SEOUL (Reuters) – North Korean leader Kim Jong Un sent a birthday greeting to Russian President Vladimir Putin this week, congratulating him for “crushing the challenges and threats of…
U.S. accuses China, Russia of enabling North Korea’s Kim Jong Un
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 Pyongyang from attempts to strengthen U.N. Security…
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