Korea Bizwire, Author at Be Korea-savvy | Page 74 of 722
S. Korea Urges N.K. to ‘Immediately Stop’ Dismantling Separated Family Facility at Mt. Kumgang Resort

S. Korea Urges N.K. to ‘Immediately Stop’ Dismantling Separated Family Facility at Mt. Kumgang Resort

SEOUL, Feb. 13 (Korea Bizwire) – The unification ministry said Thursday that North Korea was dismantling a reunion facility for separated families inside its Mount Kumgang tourist area and urged Pyongyang to immediately stop. Koo Byoung-sam, spokesman at the South Korean ministry, also voiced “strong regrets” over North Korea’s move, vowing to consider legal steps [...]

South Korea’s Minting Industry Eyes Cultural Expansion as Coin Usage Declines

South Korea’s Minting Industry Eyes Cultural Expansion as Coin Usage Declines

SEOUL, Feb. 13 (Korea Bizwire) — As the global coinage industry undergoes a paradigm shift from traditional currency to collectible and artistic pieces, South Korea’s state-run minting agency is looking to integrate its coin production with K-culture to develop a new high-value industry. The Korea Minting and Security Printing Corporation (KOMSCO) announced on February 12 [...]

Declassified Dossier Shows N. Korea Demanded South Dismantle DMZ Barricade in 1990 Talks

Declassified Dossier Shows N. Korea Demanded South Dismantle DMZ Barricade in 1990 Talks

SEOUL, Feb. 13 (Korea Bizwire) – North Korea demanded during inter-Korean talks in 1990 that South Korea dismantle a barricade it had installed along their border, calling it “a disgrace” to the Korean people, according to an official dossier declassified Thursday. The information was disclosed in the unification ministry’s official documents recording inter-Korean talks held [...]

South Korean Chipmakers Face Double Challenge From Chinese Rivals and Trump Tariffs

South Korean Chipmakers Face Double Challenge From Chinese Rivals and Trump Tariffs

SEOUL, Feb. 13 (Korea Bizwire) — As South Korean semiconductor manufacturers pivot toward high-bandwidth memory (HBM) chips in the artificial intelligence era, they face mounting uncertainties from aggressive Chinese competition and potential tariffs threatened by U.S. President Donald Trump. While analysts suggest that tariff impacts may be limited given the relatively small share of semiconductor exports [...]

U.S. in Consultation with Other Countries on Reciprocal Tariffs: Trump Aide

U.S. in Consultation with Other Countries on Reciprocal Tariffs: Trump Aide

WASHINGTON, Feb. 12 (Korea Bizwire) – The United States is in talks with other countries on “reciprocal” tariffs, a White House official was quoted as saying on Wednesday, as President Donald Trump is pushing for tariffs on U.S. imports to match what other trading partners impose on U.S. exports. Kevin Hassett, director of the National [...]