SEOUL, Dec. 13 (Korea Bizwire) — Trade Minister Cheong In-kyo visited Japan on Friday to meet his Japanese counterpart and discuss ways to expand bilateral economic cooperation amid global business uncertainties, Seoul’s trade ministry said Friday. Cheong held the meeting with Vice Minister for International Affairs Takehiko Matsuo in Tokyo to share opinions on achieving [...]
SEOUL, Dec. 12 (Korea Bizwire) — South Korea has an advantage in strengthening ties with the Global South, including Africa, given its steady engagement without historical baggage and an economic growth model admired by many developing countries, the top Kenyan envoy in Seoul has said. Ambassador Emmy Jerono Kipsoi made the remarks, voicing hope that [...]
WASHINGTON, Dec. 11 (Korea Bizwire) — A Pentagon spokesperson on Wednesday warned “any actor” against taking advantage of the political turmoil caused by South Korean President Yoon Suk Yeol’s botched martial law attempt last week, amid lingering concerns over the possibility of North Korea engaging in provocative activities. Pentagon deputy press secretary Sabrina Singh made [...]
SEOUL, Dec. 12 (Korea Bizwire) — Han Kang, this year’s laureate of the Nobel Prize in literature, hopes her novel “Human Acts” will be an access road to understanding the May 18, 1980, pro-democracy people’s uprising in Gwangju to many people. “I was all the more cautious since this novel depicts a real incident,” the [...]
SEOUL, Dec. 12 (Korea Bizwire) — South Korean novelist Han Kang, the first Korean to win the Nobel Prize in Literature, expressed gratitude to the translators who have brought her works to readers worldwide. “I believe my works have been translated into 28 or 29 languages, and there are about 50 translators,” she said during [...]
SEOUL, Dec. 11 (Korea Bizwire) — South Korean novelist Han Kang has made history as the first Korean and the first Asian woman to receive the Nobel Prize in literature. Han received a diploma and a Nobel medal from Sweden’s King Carl XVI Gustaf during a ceremony Tuesday (local time) at the Concert Hall, a [...]
SEOUL, Dec. 11 (Korea Bizwire) — The Russian Embassy in North Korea has hosted a reception to celebrate the ratification of a mutual defense treaty between the two nations, the North’s state media reported Wednesday. North Korea’s top officials, including Choe Ryong-hae, chairman of the Supreme People’s Assembly’s standing committee, Foreign Minister Choe Son-hui and [...]
SEOUL, Dec. 11 (Korea Bizwire) — U.S. Treasury Secretary Janet Yellen has reaffirmed the strong alliance between South Korea and the United States during talks with her South Korean counterpart, the finance ministry said Wednesday. Yellen and Finance Minister Choi Sang-mok held a video conference on Tuesday to discuss the ongoing unrest and evaluate economic [...]
SEOUL, Dec. 10 (Korea Bizwire) – South Korean electronics manufacturers are closely monitoring potential trade policy shifts as President-elect Donald Trump continues to emphasize the importance of high tariffs on Korean-made washing machines. Industry observers are particularly concerned about Trump’s campaign promise to impose a universal 10-20% tariff on all imports, which could affect the entire range [...]
SEOUL, Dec. 10 (Korea Bizwire) – Political turmoil following President Yoon Suk Yeol’s declaration of martial law has cast doubt on South Korea’s anticipated 9 trillion won export deal with Poland for additional K2 Black Panther tanks. As the December 3 martial law crisis continues to impede the president’s ability to perform his duties normally, concerns are [...]