Archive for November, 2017

South Korea agrees to first-ever unlimited currency swap with Canada

South Korea has signed an agreement for an unlimited currency swap with Canada that includes no ceiling or end date. With the Canadian dollar effectively serving as a key currency, observers said the .. …

Nuke Envoys of S. Korea, US Discuss N.Korea's Denuclearization

[International] : The top nuclear envoys of South Korea and the U.S. have discussed follow-up measures to advance the …[more…] …

China's special envoy arrives in Pyongyang amid tensions

A special envoy of Chinese President Xi Jinping arrived in North Korea Friday, a report said, amid apparent strains betw …

Gov’t to help people recover from Pohang quake

Prime Minister Lee Nak-yon (third from left) inspects post-earthquake damage at the Pohang Girls’ High School in Pohang-si, Gyeongsangbuk-do Province, on Nov. 16. (Prime Minister’s Office) By …

Most Foreign Brides in Korea Now Vietnamese

Vietnamese women made up the biggest proportion of foreign brides in Korea last year, overtaking Chinese women for the first time. According to Statistics Korea on Thursday, 6,054 Vietnamese women married Korean men in 2016, compared to 5,838 Chinese. They accounted for 27.9 percent of mixed marria… …

S. Korea's ruling party leader urges N. Korea to join PyeongChang Olympics

NEW YORK, Nov. 17 (Yonhap) — South Korea’s ruling party leader urged North Korea Friday to send its athletes to the Winter Olympics in PyeongChang next year. Choo Mi-ae of the Democratic Party made the appeal in a news conference held at the Unite …

Consistency needed in inter-Korean policy: prime minister

Prime Minister Lee Nak-yon delivers his congratulatory speech on the eighth anniversary of the Korea Peace Forum, at the Sejong Center for Performing Arts in Seoul on Nov. 14. (Korea Peace Forum) By …

Experience the Beauty of the Desert in Antelope Canyon

Antelope Canyon in the desert in Page, Arizona offers visitors a glimpse of sheer natural beauty.The slot canyon, formed by water rushing through rocks, is one of the most spectacular natural sculptures, carved over thousands of years by the erosion of sandstone. The intricate rock formations in the… …

S. Korean Currency Continues on the Upswing

[Economy] : The South Korean won has continued to appreciate in recent weeks, as the local economy is faring better-than-expected and external risks have somewhat subsided.[more…] …

Uzbek president to make state visit to Korea

The president of Uzbekistan will come to South Korea this month on a state visit that will include a bilateral summit wi …

(LEAD) Prosecutors raid Hyosung Group for suspected slush fund

(ATTN: UPDATES with more details and background throughout) SEOUL, Nov. 17 (Yonhap) — Prosecutors said Friday they raided the main headquarters of South Korean conglomerate Hyosung Group in western Seoul over alleged management of secret funds. …

First living lung transplant in Korea successfully completed

Asan Medical Center in Seoul announced on Nov. 15 that it had conducted the first living lung transplant surgery in South Korea on Oct. 21. This is a surgery in which part of a lung is removed from a .. …

[Weekender] Radio waves keep N. Koreans in loop

Amid tight controls on the flow of information, radios in North Korea come with their dials fixed to government-controll …

62 Injured, over 1,300 Displaced from Pohang Earthquake

[Domestic] : The government has provided an update on the damage caused by the magnitude …[more…] …

Pentagon nominee advocates talks with N. Korea

WASHINGTON, Nov. 16 (Yonhap) — The nominee for the Pentagon’s top official for Asia said Thursday that talks with North Korea will eventually be necessary to dismantle its nuclear weapons program. Randy Schriver, nominee to be assistant secretary …

Gov't Convenes Emergency Meeting on Pohang Quake

[Domestic] : The government on Thursday convened an emergency meeting chaired by Prime Minister Lee Nak-yon on the five-point-four magnitude quake that struck Pohang city on Wednesday. [more…] …

Russian expert says negotiation is only solution to N. Korea nuke issue

The head of Russia’s state-run diplomatic think tank told a forum in Seoul on Thursday that negotiation is the only feas …

Park 'Used NIS Cash for Private Purposes'

Prosecutors investigating secret payments the National Intelligence Service made to Cheong Wa Dae said Wednesday that a “substantial” portion of the money went into ex-President Park Geun-hye’s private purse. A prosecution spokesman made the comment while explaining why arrest warrants are going to… …

(2nd LD) Gov't to consider providing special grants for quake recovery efforts

(ATTN: UPDATES throughout with gov’t to consider providing special grants) SEOUL, Nov. 16 (Yonhap) — The government decided Thursday to consider providing special grants for recovery efforts in the southeastern city of Pohang struck by the second-mos …

(2nd LD) Gov't to consider providing special grants for quake recovery efforts

(ATTN: UPDATES throughout with gov’t to consider providing special grants) SEOUL, Nov. 16 (Yonhap) — The government decided Thursday to consider providing special grants for recovery efforts in the southeastern city of Pohang struck by the second-mos …