Post Tagged with: "Korea News"

KOSPI Closes Tuesday 0.60% Higher

[Economy] : South Korean stocks gained on Tuesday following a rebound in Chinese stock markets on Monday, which also drew support from earnings-led gains on Wall Street. The benchmark Korea Composite Stock Price Index(KOPSI) ended the day point-60 percent higher after gaining 13-point-66 points. It closed the day at …[more…] …

Did Kim Jong-un Promise Moon to Denuclearize 'in a Year'?

U.S. White House National Security Adviser John Bolton claimed on Fox News on Sunday that North Korean leader Kim Jong-un told South Korean President Moon Jae-in he would complete denuclearization “within a year” during their April 27 summit. “Kim Jong-un promised South Korean President Moon Jae-in … …

(LEAD) N. Korea repatriates S. Korean citizen: ministry

(ATTN: UPDATES throughout with details) SEOUL, Aug. 7 (Yonhap) — North Korea repatriated a South Korean citizen Tuesday through the border village of Panmunjom in a “positive humanitarian” move, Seoul’s unification ministry said. The 34-year-old, …

ASEAN forum urges NK to fulfill denuclearization commitments

Foreign Minister Kang Kyung-wha (back row, center) poses for a photo with other participants in the ASEAN Regional Forum (ARF) foreign minister’s meeting at the Singapore Expo Convention Centre on Aug …

Pompeo declines to address N.K. foreign minister's complaints

WASHINGTON, Aug. 6 (Yonhap) — U.S. Secretary of State Mike Pompeo has brushed aside North Korea’s complaints about the United States’ commitment to their nuclear deal, saying Pyongyang’s top diplomat was clear about his country’s intent to denucleariz …

Gov't: 9 Ships Under Investigation over Alleged N. Korean Coal Imports

[Inter-Korea] : The South Korean government says it is investigating eight ships over alleged illegal North Korean coal shipments. A Seoul official said the Korea Customs Service(KCS) has detected a total of nine cases involving illegal imports of North Korean coal, and been investigating eight ships and an …[more…] …

[News analysis] Nuclear power plant project in UK stirs controversy in South Korea

A new nuclear power plant effort currently being pursued in the United Kingdom is becoming the focus of debate in South Korea. The controversy began with news on July 31 that the Japanese company Tosh.. …

Weight-Conscious Koreans Embrace Dieting for Pets

Korean pets are increasingly overweight as they are often kept in apartments and do not get enough exercise, which has led to a fad for pet diet programs. Some 40 percent of pet dogs were found to be overweight in a 2015 survey by a veterinary clinic. A dog weighing 1.2 times more than the average o… …

Cheong Wa Dae to release presidential speeches

Chairman of the State Affairs Commission Kim Jong Un (left) and President Moon Jae-in officially announce the Panmunjeom Declaration at the Peace House in the Panmunjeom Truce Village where they held …

BMW Catches Fire After Passing Safety Check

Another BMW 520d sedan caught on fire in South Jeolla Province on Saturday despite having previously passed a safety check. It was the fourth spontaneous combustion in a week. Experts say the incident shows that BMW’s account of the cause of the fires cannot be trusted. “I wonder if BMW really has a… …

Improved conditions in advanced economies has little impact on South Korean exports

Economic changes in the world’s advanced economies since the global financial crisis of 2007–08 are having a weaker impact on South Korea’s exports to those countries, a recent report indicated… …

Parties' floor leaders push for trip to Japan for peace diplomacy

SEOUL, Aug. 5 (Yonhap) — The floor leaders of three major parties are pushing for a trip to Japan early next month as part of their bipartisan efforts to support ongoing diplomacy to foster a lasting peace on the peninsula, a ruling party source said …

UN Report: N. Korea Still Pursuing Nuclear, Missile Programs

[International] : A confidential United Nations report apparently says that North Korea is continuing to develop nuclear and missile programs in violation of international sanctions. Reuters and AFP said on Friday that the report was prepared by independent experts who submit their findings every six months to the UN North …[more…] …

(LEAD) Defense minister urges intelligence unit to step up efforts to gain public trust

(ATTN: ADDS Nam’s comments in last 2 paras) SEOUL, Aug. 4 (Yonhap) — South Korea’s defense minister urged an embattled military intelligence unit Saturday to stay away from politics and give up a sense of privilege in order to regain trust from the p …

President Moon demands radical reconstruction of DSC

President Moon Jae-in addressed the issue of reforms to the Defense Security Command (DSC) on Aug. 3, calling for the “establishment of a new command that is historically separated from the past.” .. …

US Sanctions Russian Bank, Chinese Entities Linked to N. Korea

[International] : The U.S. Treasury has blacklisted a Russian bank for reasons related to North Korea sanctions. The Treasury's Office of Foreign Assets Control said Friday it is sanctioning the Agrosoyuz Commercial Bank for allegedly helping a North Korean individual linked to the regime's weapons of mass …[more…] …

More Young Koreans Freeze Sperm to Have Kids Later

More young Koreans are putting off marriage but freezing sperm or eggs in case they change their minds later in life. The trend is spreading from women in their 30s to both men and women in their 20s.One 28-year-old office worker who gave his surname as Sohn went to a sperm bank south of Seoul in Ju… …

Peace is everywhere 100 days after summit: Cheong Wa Dae

Chairman of the State Affairs Commission Kim Jong Un (left) and President Moon Jae-in officially announce the Panmunjeom Declaration in front of the Peace House at the Panmunjeom Truce Village where t …

(EDITORIAL from Korea JoongAng Daily on Aug. 4)

Time for a debate Kim Byung-joon, the interim head of the main opposition Liberal Korea Party, continues to criticize the Moon Jae-in administration of statism or excessive government control. Kim, who was a policy adviser to President Roh Moo-hyu …

AFP: UN to Grant US Proposal to Facilitate Humanitarian Aid to N. Korea

[Politics] : The AFP has reported the United Nations is poised to authorize a U.S. proposal aimed at facilitating humanitarian aid to North Korea blocked by standing international sanctions on the regime. The news agency said it acquired documents showing the UN Security Council’s North Korea sanction …[more…] …