SEOUL, Sept. 29 (Korea Bizwire) – Minister of Foreign Affairs Kang Kyung Hwa made a TV appearance on September 28 to discuss U.N. sanctions on North Korea. On the broadcast, Kang said she had met with and discussed the sanctions with Chinese counterpart Wang Yi while she was in New York. She noted that the [...]
SEOUL, Sept. 26 (Korea Bizwire) — South Korea’s consumer confidence fell for the second month in a row in September on the North Korea risk and Seoul’s row with Beijing over a missile defense system, a central bank poll showed Tuesday. The composite consumer sentiment index for September stood at 107.7, down 2.2 points from [...]
SEOUL, Sept. 21 (Korea Bizwire) – With North Korea’s military provocation continuing to pose a threat to peace on the Korean Peninsula, talks of deploying a nuclear submarine in response to the ballistic missile threat have reemerged in South Korea. Amid the growing threats posed by North Korea’s submarine-launched ballistic missiles, also known as SLBM, it [...]
NEW YORK, Sept. 20 (Korea Bizwire) — South Korean President Moon Jae-in and U.S. President Donald Trump will meet here this week, Seoul’s presidential office Cheong Wa Dae said Wednesday, for bilateral talks expected to focus on ways to deal with provocative North Korea. The two leaders will hold a bilateral summit here on Thursday, [...]
SEOUL, Sept. 16 (Korea Bizwire) — President Moon Jae-in suggested Friday that South Korea could go ahead with humanitarian aid to North Korea in a thinly veiled rejection of a call for caution by Japanese Prime Minister Shinzo Abe. Abe asked Moon to consider the timing of the proposed aid during their phone conversation, but [...]
SEOUL, Sept. 15 (Korea Bizwire) — President Moon Jae-in ordered thorough implementation of the latest U.N. Security Council sanctions on North Korea after the communist nation defiantly carried out yet another ballistic missile launch, the presidential spokesman said Friday. Moon issued the order during a National Security Council meeting he presided over after the North [...]
SEOUL, Sept. 14 (Korea Bizwire) — South Korean President Moon Jae-in ruled out the possibility of redeploying U.S. nuclear weapons in the country Thursday, CNN reported. In an interview with the U.S. cable news channel, he warned it could lead to a nuclear arms race in Northeast Asia. “I do not agree that South Korea [...]
SEOUL, Sept. 14 (Korea Bizwire) — South Korea’s Navy said Thursday it will hold a ceremony this week to commemorate the historic Incheon landing operation during the 1950-53 Korean War. But it has decided to skip a reenactment of the operation in consideration of heightened military tensions as a result of North Korea’s recent provocative [...]
SEOUL, Sept. 11 (Korea Bizwire) — The United Nations Security Council is set to vote on a new resolution on Monday in New York, which puts caps on exports of crude oil and petroleum products to North Korea in response to the country’s defiant nuclear test earlier in the month, news reports said. A revised [...]
SEOUL, Sept. 11 (Korea Bizwire) – A broadcast on September 8 by North Korea’s only official news channel revealed that hydrogen bombs may not have been the only technology development the reclusive nation has been conducting underground. In the Joseon Jungang TV piece, Pyongyang residents are seen riding the subway, with an extra close-up on [...]