SEOUL, Nov. 11 (Korea Bizwire) – A group of North Korean defectors delivered propaganda leaflets to Ukraine on Monday, encouraging North Korean soldiers deployed in Russia to defect, as thousands of North Korean troops have been sent to support Russia’s war against Ukraine. The “Defectors’ Propaganda Corps,” comprising North Korean soldiers-turned-defectors and defectors whose sons [...]
SEOUL, Nov. 11 (Korea Bizwire) – South Korea directed 43% of its overseas investments to the United States last year, marking the highest proportion since 1988, as bilateral trade relations reached new heights. The surge comes amid record trade surpluses with the U.S., where intermediate goods like raw materials and components account for half of South [...]
SEOUL, Nov. 11 (Korea Bizwire) — Ukraine’s defense intelligence agency has released an audio clip of what it claims to be intercepted radio communications between North Korean soldiers in Russia speaking in coded military terms. The Defense Intelligence of Ukraine (DIU) uploaded a post on Sunday (local time) of what it claimed to be intercepted [...]
SEOUL, Nov. 9 (Korea Bizwire) – South Korea and the United States have agreed to hold a new table-top exercise against space-based threats next year, Seoul’s defense ministry said Friday, amid efforts to bolster security cooperation in the increasingly important domain. Defense officials from the two countries agreed to stage the discussion-based exercise for the [...]
SEOUL, Nov. 9 (Korea Bizwire) – North Korea staged GPS jamming attacks for the second consecutive day Saturday, affecting several ships and dozens of civilian aircraft, South Korea’s military said. The jamming attacks were conducted in the North’s Haeju and Kaesong areas, the Joint Chiefs of Staff (JCS) said, warning vessels and civilian aircraft [...]
SEOUL, Nov. 9 (Korea Bizwire) – South Korean markets experienced sharp divergence on November 7 as Donald Trump’s election victory triggered significant movements across different sectors, with shipbuilding companies surging while clean energy stocks tumbled. The former U.S. president’s conversation with South Korean President Yoon Suk Yeol, during which he expressed interest in bilateral shipbuilding cooperation, [...]
SEOUL, Nov. 7 (Korea Bizwire) — Donald Trump’s return to the White House is expected to have a significant impact on the export-driven South Korean economy and increase market volatility as he has warned of protectionist policies, decoupling from China and other drastic policy shifts across the board, experts said Thursday. “If the policy stance [...]
SEOUL, Nov. 7 (Korea Bizwire) — President Yoon Suk Yeol held a phone call with U.S. President-elect Donald Trump on Thursday to congratulate him on his “landslide victory,” and they agreed to hold an in-person meeting at an early date, according to Yoon’s office. Yoon congratulated Trump on his victory with the “Make America Great [...]
SEOUL, Nov. 7 (Korea Bizwire) — South Korea’s standards agency on Thursday hosted a forum inviting business officials to discuss strategies for taking a lead in setting global technology standards, a move considered crucial to gaining and maintaining a technological gap with others. The Korean Agency for Technology and Standards hosted the event in Seoul, [...]
WASHINGTON, Nov. 6 (Korea Bizwire) — South Korea has sent its top envoy to the United States to U.S. President-elect Donald Trump’s Mar-a-Lago home in Florida, according to officials Thursday. Ambassador Cho Hyun-dong’s visit to Trump’s home in Palm Beach follows Trump’s election win Wednesday. Cho plans to meet with people from Trump’s camp as [...]