SEOUL, April 10 (Korea Bizwire) — Unification Minister Kim Yung-ho said Thursday the key to addressing North Korea’s provocations and nuclear ambitions lies in the unified goals and coordinated actions of the international community. Kim made the remarks during a press conference in Tokyo, where he reaffirmed Seoul’s commitment to achieving the complete denuclearization of [...]
SEOUL, April 9 (Korea Bizwire) — South Korea is on course to conclude negotiations for a project to build a nuclear power plant in the Czech Republic, Seoul’s industry minister said Wednesday, as the final agreement for the highly anticipated project is being delayed. “We have completed documentations for the project, and local procedures, such [...]
SEOUL, April 9 (Korea Bizwire) — The South Korean Olympic chief Ryu Seung-min made a push for his country’s bid for the 2036 Summer Games in his recent meeting with International Olympic Committee (IOC) leaders in Switzerland, officials here said Wednesday. The Korean Sport & Olympic Committee (KSOC) said Ryu met with IOC President Thomas [...]
SEOUL, April 9 (Korea Bizwire) — K-pop powerhouse JYP Entertainment has donated 300 million won (US$202,300) to World Vision to support emergency relief efforts and child medical treatment in Myanmar, which was hit by a powerful 7.7 magnitude earthquake last month. JYP said Wednesday the donation will be used to provide emergency food, daily necessities [...]
SEOUL, April 9 (Korea Bizwire) — Around six months after deploying its troops to support Russia’s war against Ukraine, North Korea appears to have lost thousands of young men but received rare military technology and economic aid as a reward to potentially offset international sanctions. In October, North Korea dispatched more than 10,000 troops to [...]
SEOUL, April 8 (Korea Bizwire) — Acting President Han Duck-soo spoke by phone with U.S. President Donald Trump on Tuesday, his office said, marking their first talks since South Korea was thrust into political turmoil triggered by former President Yoon Suk Yeol’s martial law debacle. The 28-minute phone talks came four days after South Korea’s [...]
SEOUL, April 8 (Korea Bizwire) — South Korea’s military said Tuesday it fired warning shots at a group of North Korean soldiers who briefly crossed the military demarcation line (MDL) inside the Demilitarized Zone (DMZ) dividing the two Koreas. About 10 armed North Korean soldiers returned to the North after the South Korean military aired [...]
SEOUL, April 8 (Korea Bizwire) — The foreign ministry on Tuesday expressed “strong protest” against Japan’s territorial claim to South Korea’s easternmost islets of Dokdo in its latest foreign policy paper, calling for an immediate withdrawal. Releasing this year’s Diplomatic Bluebook earlier in the day, the Japanese government once again renewed its claim to the [...]
SEOUL, April 8 (Korea Bizwire) — The South Korean government is on alert following China’s decision to tighten its grip on rare earth exports and impose retaliatory tariffs in response to new U.S. trade measures, raising fresh concerns over global supply chain vulnerabilities. Beijing announced last week that it will impose a 34% retaliatory tariff [...]
BEIJING, April 7 (Korea Bizwire) — Chinese officials tasked with managing a memorial facility for troops who fought in the 1950-53 Korean War returned to North Korea for the first time in five years, the Chinese Embassy in Pyongyang said Monday. According to the embassy’s website, 14 Chinese officials arrived in North Korea last Monday [...]