SEOUL, Jan. 4 (Korea Bizwire) — South Korea’s presidential national security team convened an emergency meeting Sunday after North Korea fired multiple ballistic missiles into the East Sea, an act Seoul condemned as a violation of United Nations resolutions. The meeting at Cheong Wa Dae was chaired by Deputy National Security Adviser Lim Jong-deuk and included [...]
SEOUL, Jan. 2 (Korea Bizwire) — President Lee Jae Myung plans to discuss practical economic cooperation and peace efforts on the Korean Peninsula in his upcoming summit talks with Chinese President Xi Jinping next week, National Security Adviser Wi Sung-lac said Friday. Lee is scheduled to arrive in Beijing on Sunday, hold a summit with [...]
SEOUL, Dec. 31 (Korea Bizwire) — Coupang disclosed the results of its controversial internal probe into a massive data breach directly to U.S. regulators without prior coordination with the South Korean government, according to filings reviewed Tuesday. In a submission to the U.S. Securities and Exchange Commission dated Monday, the U.S.-listed e-commerce giant said that [...]
SEOUL, Dec. 30 (Korea Bizwire) — Only 36.7 percent of Japanese people said they support efforts to provide diplomatic support to achieve peace on the Korean Peninsula, hovering well below the global average, a survey showed Tuesday. The percentage of Japanese citizens who backed the idea of offering economic and military support also stood at [...]
SEOUL, Dec. 30 (Korea Bizwire) — The National Intelligence Service (NIS) on Tuesday dismissed the interim chief of Coupang Corp.’s claim that the company conducted an internal probe into a massive data leak upon its order and requested the National Assembly to file a complaint against the executive over alleged perjury. The move came after [...]
SEOUL, Dec. 30 (Korea Bizwire) — South Korea’s semiconductor industry is pushing back against political calls to relocate the massive Yongin semiconductor cluster away from the Seoul metropolitan area, warning that any abrupt change to the project could disrupt investment plans and undermine the country’s global competitiveness in chips. The concerns come after Kim Sung-hwan, the [...]
SEOUL, Dec. 29 (Korea Bizwire) — South Korea’s defense minister warned on Monday that the security environment surrounding the Korean Peninsula was becoming increasingly volatile, pointing to deepening military cooperation between North Korea and Russia as a destabilizing force with global implications. Speaking at a forum on South Korea’s alliance with the United States, Defense Minister [...]
SEOUL, Dec. 24 (Korea Bizwire) — U.S. President Donald Trump has gifted President Lee Jae Myung a specially designed gold key to the White House in return for the presents he received during his visit to South Korea in October, Lee’s chief of staff said Wednesday. In a Facebook post, Kang Hoon-sik said Trump handed [...]
SEOUL, Dec. 24 (Korea Bizwire) — South Korea carried out routine military drills this week near Dokdo, its easternmost islets, reaffirming its control over the disputed territory in exercises that again drew protests from Japan. The drills took place Tuesday in waters off Dokdo, according to a South Korean military official who said they were [...]
WASHINGTON•SEOUL, Dec. 24 (Korea Bizwire) – South Korea is pressing ahead with a bid for greater military autonomy within its alliance with the United States, a shift that reflects both Seoul’s growing confidence and Washington’s evolving strategic priorities as rivalry with China intensifies. From efforts to reclaim wartime operational control of its forces from the United [...]