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South Korea’s Finance Minister Meets with IMF Mission

South Korea’s Finance Minister Meets with IMF Mission

SEJONG, Nov. 10 (Korea Bizwire) – South Korea’s finance minister on Friday met with officials from the International Monetary Fund (IMF) and discussed the country’s economic and financial policies, the ministry here said. Finance Minister Kim Dong-yeon held a meeting in Seoul with the IMF mission led by Tarhan Feyzioglu, which has been on a [...]

More FTA Troubles Between S. Korea, U.S. Over Chevy Impala Recalls

More FTA Troubles Between S. Korea, U.S. Over Chevy Impala Recalls

SEOUL, Nov. 10 (Korea Bizwire) – The South Korean government will have another issue to discuss in the next round of FTA negotiations with the United States after a recall of imported Chevrolet Impalas has been delayed in adherence to a clause in the trade pact. The clause in question stipulates that a business can [...]

Leaders of S. Korea, Indonesia Agree to Upgrade Ties, Urge N. Korea to Give up Nukes

Leaders of S. Korea, Indonesia Agree to Upgrade Ties, Urge N. Korea to Give up Nukes

JAKARTA, Nov. 9 (Korea Bizwire) — The presidents of South Korea and Indonesia agreed Thursday to upgrade their relations to “special strategic partnership” to push forward all-compassing cooperation in economy, culture, politics and security issues. During their summit, Presidents Moon Jae-in and Joko Widodo also pledged efforts to sharply increase bilateral trade and diversify business [...]

Trump Treated to Live Rendition of Park Hyo-shin’s “Wild Flowers”

Trump Treated to Live Rendition of Park Hyo-shin’s “Wild Flowers”

SEOUL, Nov. 9 (Korea Bizwire) – With American President Donald Trump now in China, having passed through South Korea on his Asia-wide tour, details of his visit – from his appearances down to what he ate – have become trending topics of interest. When it was reported that ballad singer Park Hyo-shin, a member of [...]

Rival Protesters Clash Ahead of Trump’s Parliament Address

Rival Protesters Clash Ahead of Trump’s Parliament Address

SEOUL, Nov. 8 (Korea Bizwire) – Rival groups of protesters clashed in front of the National Assembly in Seoul on Wednesday ahead of U.S. President Donald Trump’s  address to the parliament. About 8,600 activists from liberal and conservative groups gathered near the Assembly around 10 a.m., one hour before his speech. Police bolstered security by dispatching 18,000 officers and setting up artificial walls with police vehicles between [...]

PyeongChang Winter Olympics Chance to Bring World Together: Melania Trump

PyeongChang Winter Olympics Chance to Bring World Together: Melania Trump

SEOUL, Nov. 7 (Korea Bizwire) – U.S. First Lady Melania Trump spent time with Korean students on Tuesday at a sports event organized by the U.S. Embassy in Korea to promote physical activity among young girls. She arrived in Korea earlier in the day with her husband President Donald Trump for a two-day state visit [...]

U.S. Presbyterian Church Pledges to Help Get U.S. Government to Offer Apology for Nogun-ri Killings

U.S. Presbyterian Church Pledges to Help Get U.S. Government to Offer Apology for Nogun-ri Killings

SEOUL, Nov. 6 (Korea Bizwire) – A U.S. Presbyterian Church delegation pledged Monday to help with efforts to get the U.S. government to acknowledge its responsibility and offer an official apology and compensation for a 1950 civilian massacre by American troops during the Korean War. The Rev. J. Herbert Nelson II, who is stated clerk of the denomination’s General Assembly and leader of the 16-member delegation, made the remark during a news conference in [...]