SEOUL, July 30 (Korea Bizwire) — Recent statements by the powerful sister of North Korean leader Kim Jong-un suggest that the regime believes it holds a strategic advantage in its stalled nuclear diplomacy with the United States and inter-Korean engagement, South Korea’s spy agency reportedly told lawmakers Wednesday. The National Intelligence Service (NIS) shared its [...]
SEOUL, July 30 (Korea Bizwire) — A South Korean delegation has visited Poland to deliver President Lee Jae Myung’s message on the commitment to further expanding bilateral cooperation in defense and other areas, Seoul’s foreign ministry said Wednesday. The delegation, led by veteran politician Park Jie-won of the ruling Democratic Party, was the first group [...]
SEOUL, July 30 (Korea Bizwire) — President Lee Jae Myung met Wednesday with former Japanese Prime Minister Yoshihide Suga to discuss ways to further develop bilateral relations between the two nations, the presidential office said. Suga headed a delegation from the Japan-South Korea Parliamentarians’ Association, marking the highest-level Japanese political figure’s first visit to Seoul [...]
SEOUL, July 30 (Korea Bizwire) — Yoo Je-won, director of the upcoming TvN series “Love, Take Two,” said Wednesday that, while his new drama explores various relationships — an area he excels in — it gives special attention to the mother-daughter bond. Given his track record of warm and insightful hits, like “Hometown Cha-Cha-Cha,” “Crash [...]
SEOUL, July 30 (Korea Bizwire) — A total of 13 people have died from heat-related illnesses so far this year as South Korea continues to endure severe heat waves, health authorities said Wednesday. A total of 2,768 patients had visited emergency rooms for heat-related conditions as of Tuesday since mid-May, when authorities launched the heat-related [...]
SEOUL, July 30 (Korea Bizwire) — South Korea and the United States are continuing last-minute trade negotiations on areas including semiconductors, batteries and biotechnology on top of in-depth discussions on shipbuilding cooperation, the presidential office said Wednesday. Kim Yong-bum, the presidential chief of staff for policy, made the remarks as top Seoul officials are visiting [...]
SEOUL, July 30 (Korea Bizwire) — SK Innovation Co., South Korea’s leading oil refiner, said Wednesday it will merge two electric vehicle-related affiliates as part of a business reorganization amid slowing EV sales. SK On Co., the company’s EV battery manufacturing unit, will absorb SK Enmove Co., a provider of EV lubricants and thermal management [...]
SEOUL, July 30 (Korea Bizwire) – The ruling Democratic Party (DP) launched a special committee Wednesday to assist ongoing special counsel probes into former President Yoon Suk Yeol’s botched martial law bid, corruption allegations involving his wife and the death of a Marine. Three separate special counsel teams are currently investigating Yoon’s failed attempt to [...]
SEOUL, July 30 (Korea Bizwire) — The finance ministry said Wednesday it has briefed President Lee Jae Myung on plans to adopt a “performance-based” fiscal management approach aimed at enhancing investment efficiency and fiscal sustainability. The report was delivered during the third meeting of the emergency economic response task force, presided over by Lee. The [...]
SEOUL, July 30 (Korea Bizwire) — A special counsel team said Wednesday it has filed for a warrant to forcibly bring in former President Yoon Suk Yeol for questioning over allegations of election meddling. The request was made shortly after Yoon defied for the second time special counsel Min Joong-ki’s summons to appear for questioning. [...]