SEOUL, Nov. 27 (Korea Bizwire) — The top diplomats of South Korea, Canada, France and Italy have voiced concerns over the threat posed by North Korea’s troop deployment to fight for Russia in its war with Ukraine, pledging to work together for a concerted response, Seoul’s foreign ministry said Wednesday. South Korean Foreign Minister Cho [...]
SEOUL, Nov. 27 (Korea Bizwire) — The presidential office plans to hold an emergency meeting Wednesday to discuss responses to U.S. President-elect Donald Trump’s proposal to impose tariffs on three trading partners, a senior presidential official said. The meeting comes after Trump said on social media that he will use an executive order to levy [...]
SEOUL, Nov. 27 (Korea Bizwire) – A new survey has revealed that more than three-quarters of South Korean mid-sized companies anticipate increased economic uncertainty when Donald Trump returns to the White House, highlighting growing concerns about potential shifts in U.S. trade and economic policies. The Federation of Middle Market Enterprises of Korea (FOMEK) released the findings [...]
SEOUL, Nov. 26 (Korea Bizwire) – A leading South Korean garment manufacturer, ShinTS, has inaugurated a large-scale recreational park for its workers at its Ethiopian manufacturing facility, marking a significant expansion of its employee welfare initiatives in Africa. The opening ceremony for the park and daycare center, held on November 22 at the company’s facility in [...]
SEOUL, Nov. 25 (Korea Bizwire) — A group of North Korean soldiers disguised as “indigenous people” of Russia’s Far East have engaged in combat with Ukrainian troops in Russia’s western border region of Kursk, according to a Ukraine news report. Citing Kyiv’s top military officer, RBC Ukraine on Sunday (local time) reported that more than [...]
SEOUL, Nov. 25 (Korea Bizwire) — North Korea and Russia have signed a protocol on enhancing sports exchanges for next year, the North’s state media said Monday, as the two nations have been bolstering cooperation in various fields. Kim Il-guk, North Korea’s minister of physical culture and sports, signed the protocol with Russian Sports Minister [...]
SEOUL, Nov. 25 (Korea Bizwire) — The business presence of South Korean companies in China has withered palpably in recent years amid toughened competition from local rivals and sluggish domestic demand in the neighboring country, according to industry watchers Monday. In September, LG Display Co. sold its liquid-crystal display (LCD) factory in China’s Guangzhou to [...]
TOKYO/SEOUL, Nov. 25 (Korea Bizwire) — The South Korean government held its own ceremony in Japan on Monday to honor Korean forced labor victims from an old Japanese mine complex, after boycotting a Japan-hosted event over Tokyo’s apparent insincerity in delivering on its pledge to remember the victims. Foreign ministry officials from Seoul and nine [...]
SEOUL, Nov. 25 (Korea Bizwire) — The government will seek to revitalize Korean language education in foreign elementary and middle schools, the Ministry of Education said Monday, amid growing overseas interest in Korean after author Han Kang’s recent Nobel Prize in literature award. To that end, it will establish a new specialized organization to devise [...]
TOKYO, Nov. 25 (Korea Bizwire) — The Japanese government on Monday expressed regret over South Korea boycotting a Japan-led event honoring wartime forced labor victims, including Koreans, from an old Japanese mine complex. The remark came as South Korea boycotted the memorial held on Sado Island, off Japan’s west coast, on Sunday and held its [...]