Archive for July, 2017

A talk with Trump on North Korea? After vacation, Seoul says

South Korea’s latest leader took office at an uneasy moment in his country’s history, inheriting the wreckage left by an …

[Market Insight] Korean Banks to Invest $200 Mil. in New York City's Hudson Yard Project

Korea’s major banks are taking part in a large-scale project financing deal in New York’s Manhattan, first time since the 2008 global financial crisis. According to real estate and financial services industry sources on July 28, Korea Development Bank, Shinhan Bank, and Woori Bank held lending consultation meetings and decided to invest in the “Hudson Yard Project” up to US$200 million. The Hudson Yard Project calls for building sixteen 50-80-story high-rise buildings in a former railroad dep… …

[Interview] How discovery of an old book changed a woman’s life and made her a collector

On July 25, the Hankyoreh brought to light the original copy of a German-language declaration and publication dating back to the 1920s in which Lee Geuk-ro, a scholar of the Korean language and one of.. …

President Moon orders strong, effective measures against NK

President Moon Jae-in presides over a National Security Council meeting at Cheong Wa Dae at 1 a.m. on July 29 following North Korea’s test launch of an intercontinental ballistic missile earlier that …

Government Data: 3 Million S. Koreans in Poverty in 2015

[Economy] : A new government data shows there were approximately three million “poor” people in South Korea in 2015. [more…] …

Yonhap News Summary

The following is the second summary of major stories moved by Yonhap News Agency on Monday. —————— (2nd LD) N.K. likely to fire more missiles, conduct nuke test: Seoul SEOUL — North Korea is likely to conduct an additional …

Prosecutors indict two ex-People's Party campaign officials over fake tipoff

Prosecutors on Monday indicted two former senior members of the minor opposition People’s Party without detention over a …

Haley: No Point in Having UNSC Session if to Produce Nothing

[Politics] : United States Ambassador to the United Nations Nikki Haley says that no UN Security Council(UNSC) …[more…] …

U.S. envoy to U.N. expresses frustration at China

WASHINGTON, July 30 (Yonhap) — The U.S. ambassador to the United Nations expressed frustration Sunday over what she suggested was a lack of action on China’s part to stop North Korea’s provocations. “Done talking about NKorea. China is aware they …

Moon received intel briefing on N. Korea's ICBM test 2 days before launch

President Moon Jae-in received an intelligence briefing about North Korea’s then-imminent second test of an intercontine …

90-year-old former North Korean agent longs to see his love in North Korea

“I would like to see my family once before I die. This time, I would really like to go,” said Suh Ok-ryeol, 90, in a calm voice during an interview with the Hankyoreh on the morning of July 22. Suh sp.. …

Kyodo: US Bombers Conduct Joint Drill with Japan

[International] : U.S. Air Force bombers and Japanese fighter jets reportedly conducted a joint drill near the Korean …[more…] …

Parties divided over Moon's countermeasures against N.Korean ICBM test

SEOUL, July 30 (Yonhap) — On the liberal Moon Jae-in government’s countermeasures against the latest North Korean intercontinental ballistic missile test, the ruling party voiced its consent, but opposition parties called for tougher ones, criticizing …

'Korea will continue to pay tribute to Korean War veterans'

Prime Minister Lee Nak-yeon (fifth from left) attends a ceremony to mark the Korean War armistice agreement and U.N. Forces Participation Day, alongside Patriots and Veterans Affairs Minister Pi Woo-j …

S. Korea, US Agree to Open Talks to Revise Missile Guideline

[Politics] : South Korea and the U.S. plan to open negotiations aimed at allowing Seoul to load heavier warheads on ballistic missiles, in response to North Korea’s latest ICBM launch. [more…] …

NHK captures flash of light believed to be N. Korean missile

TOKYO, July 29 (Yonhap) — Japanese public broadcaster NHK reported Saturday it has captured what appears to be a flash of light about the time when North Korea’s intercontinental-range ballistic missile was coming down in the East Sea. The North …

Foreign minister calls for swift adoption of strong UNSC resolution against N. Korea

South Korea’s top diplomat on Saturday called for a swift adoption of a strong U.N. Security Council sanctions resolutio …

KITA: US Delays Announcement of Inquiry into Steel Imports

[Economy] : The United States is apparently postponing a decision for now on whether or not it will impose …[more…] …

Today's Photo: July 29, 2017

Government to decide whether to dissolve comfort women Truth and Healing Foundation in late August

The South Korean government will make a decision in late August on a future direction that includes potentially dissolving the Truth and Healing Foundation founded according to the agreement reached b.. …