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S. Korea, U.S., Japan Agree to Seek All Possible Diplomatic Options on N.K.

S. Korea, U.S., Japan Agree to Seek All Possible Diplomatic Options on N.K.

SEOUL, Oct. 18 (Korea Bizwire) – Senior diplomats from South Korea, the United States and Japan agreed Wednesday to seek all possible diplomatic options for peacefully and completely resolving the issue of North Korea’s nuclear program. South Korea’s Vice Foreign Minister Lim Sung-nam hosted trilateral talks in Seoul with U.S. Deputy Secretary of State John Sullivan and Japanese Vice Foreign Minister Shinsuke Sugiyama. “We [...]

President Moon Pledges Full Support for PyeongChang Paralympic Games

President Moon Pledges Full Support for PyeongChang Paralympic Games

SEOUL, Oct. 17 (Korea Bizwire) – President Moon Jae-in promised all-out efforts Tuesday to help make the upcoming Winter Olympic Games and Paralympics in South Korea a success. The president’s remarks came in a meeting with Andrew Parsons, president of the International Paralympic Committee (IPC) at the presidential office Cheong Wa Dae. The new IPC chief arrived here Sunday for what he called a “mid-term” inspection of local venues for the [...]

FSS Chief Apologizes over Irregularities in Hiring

FSS Chief Apologizes over Irregularities in Hiring

SEOUL, Oct. 17 (Korea Bizwire) – The chief of the Financial Supervisory Service (FSS) apologized Tuesday over the financial regulator’s alleged irregularities in hiring employees with ties to influential figures, including politicians and bankers. The FSS has been under fire after state auditors found last month that a senior FSS official gave a special favor to some job candidates who are relatives of a then lawmaker and a [...]

President Moon Makes Surprise Appearance at Busan International Film Festival

President Moon Makes Surprise Appearance at Busan International Film Festival

BUSAN, Oct. 16 (Korea Bizwire) – Visitors to this year’s star-studded Busan International Film Festival had the pleasant surprise of meeting none other than President Moon Jae-in over the weekend, as the commander-in-chief paid an unexpected visit to the renowned annual film festival in the port city on the south coast of South Korea. Moon’s surprise [...]

South Korean and Indonesia in ‘Close Partnership’ over KF-X Program Cost

South Korean and Indonesia in ‘Close Partnership’ over KF-X Program Cost

GWACHEON, South Korea, Oct. 13 (Korea Bizwire) – South Korea and Indonesia are maintaining a close partnership over a fighter jet development project, code-named KF-X, despite concerns about agreed cost sharing, Seoul’s arms agency said Friday. Last year, the two countries signed a deal that calls for Jakarta to pay 20 percent of the total [...]

Cheong Wa Dae to Request Probe into Alleged Falsification of Sewol Reports

Cheong Wa Dae to Request Probe into Alleged Falsification of Sewol Reports

SEOUL, Oct. 13 (Korea Biziwire) – The presidential office will request Friday that the prosecution investigate the alleged manipulation of official documents by former leader Park Geun-hye’s aides to lessen her responsibility for the government’s mishandling of the deadly sinking of a passenger ship three years ago, a Cheong Wa Dae official said. The official, [...]