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Archive by category International Affairs

Korea and Vietnam Deepen Cultural Ties With Historic Exchange in Bonghwa

Korea and Vietnam Deepen Cultural Ties With Historic Exchange in Bonghwa

BONGHWA, Aug. 23 (Korea Bizwire) — A unique cultural exchange between South Korea and Vietnam will take place this weekend in Bonghwa County, North Gyeongsang Province, highlighting centuries-old historical ties and a growing multicultural presence. The event, scheduled for August 24 at Chung Hyo Dang in Changpyeong-ri, will bring together some 800 participants, including Vietnamese [...]

S. Korean Biz Tycoons Meet Bill Gates, Discuss Cooperation

S. Korean Biz Tycoons Meet Bill Gates, Discuss Cooperation

SEOUL, Aug. 22 (Korea Bizwire) — South Korean business tycoons held a series of meetings with Bill Gates, chair of the Gates Foundation, during his visit to Seoul this week, discussing various agenda items from business ties to corporate social responsibility projects, industry sources said Friday. Samsung Electronics Chairman Lee Jae-yong met with Gates earlier [...]

Unification Minister, Britain’s Top Envoy Discuss Korean Peninsula Issues

Unification Minister, Britain’s Top Envoy Discuss Korean Peninsula Issues

SEOUL, Aug. 22 (Korea Bizwire) — Unification Minister Chung Dong-young on Friday met with British Ambassador to South Korea Colin Crooks, and discussed Korean Peninsula issues and cooperation on North Korea policy, according to the unification ministry. In the meeting, Chung explained the Lee Jae Myung administration’s efforts to restore frayed ties between the two [...]

Top Continental Sports Body Gauging S. Korean Interest in 2029 Asian Winter Games

Top Continental Sports Body Gauging S. Korean Interest in 2029 Asian Winter Games

SEOUL, Aug. 22 (Korea Bizwire) — With Saudi Arabia reportedly falling behind on its preparations to host the 2029 Asian Winter Games, the continent’s top sports body is gauging South Korea’s interest in becoming an alternate host, a source familiar with the matter said Friday. The source told Yonhap News Agency the Olympic Council of [...]

Gimbap, Huntrix and a Global Craze: How Demon Hunters Put Korea Back in the Spotlight

Gimbap, Huntrix and a Global Craze: How Demon Hunters Put Korea Back in the Spotlight

SEOUL, Aug. 21 (Korea Bizwire) — The runaway success of KPop Demon Hunters, a U.S. animated film released on Netflix in June, is driving a sharp rise in global curiosity about South Korea, with ripple effects expected across food, cosmetics and tourism. Google search data show that worldwide queries for “Korea” reached their highest level [...]

Unrepentant Former Long-Term Prisoner Blocked From Crossing Into North Korea

Unrepentant Former Long-Term Prisoner Blocked From Crossing Into North Korea

PAJU, Aug. 20 (Korea Bizwire) — A 95-year-old former long-term prisoner of war, An Hak-seop, attempted on Wednesday to cross into North Korea through Panmunjom but was stopped by South Korean military authorities at the Tongil Bridge checkpoint. An, who has long identified as a “non-converted” prisoner for refusing to renounce allegiance to the North, traveled [...]

Lee To Meet Bill Gates To Discuss Global Health Issues, Collaboration

Lee To Meet Bill Gates To Discuss Global Health Issues, Collaboration

SEOUL, Aug. 20 (Korea Bizwire) – President Lee Jae Myung plans to meet Bill Gates, chair of the Gates Foundation and Microsoft Corp. co-founder, in Seoul on Thursday, the presidential office said Wednesday. Gates, who has spearheaded initiatives on climate change, poverty reduction and global health through the foundation, is visiting South Korea to reportedly [...]

U.S. Weighs Equity Stakes in Samsung, TSMC, Raising Alarm in Korea’s Chip Industry

U.S. Weighs Equity Stakes in Samsung, TSMC, Raising Alarm in Korea’s Chip Industry

SEOUL, Aug. 20 (Korea Bizwire) — South Korea’s semiconductor industry was rattled Wednesday by reports that Washington is considering acquiring equity stakes in foreign chipmakers building plants in the United States, including Samsung Electronics and Taiwan’s TSMC. The idea surfaced as the U.S. government explores converting subsidies provided under the CHIPS and Science Act into [...]

Nat’l Assembly Speaker Invited By China To Attend World War II Military Parade

Nat’l Assembly Speaker Invited By China To Attend World War II Military Parade

SEOUL, Aug. 20 (Korea Bizwire) – National Assembly Speaker Woo Won-shik was officially invited by China to attend Beijing’s military parade marking the end of World War II next month, his office said Wednesday. “Woo received an official invitation from the Chinese government to attend the Victory Day event on Sept. 3,” the office said [...]