SEOUL, Oct. 12 (Korea Bizwire) — The nuclear-powered USS Ronald Reagan aircraft carrier arrived at the southeastern port of Busan following trilateral naval drills involving the United States, South Korea and Japan in a show of force against North Korea. Carrier Strike Group 5, which includes the aircraft carrier, the Aegis-equipped USS Shoup destroyer and [...]
SEOUL, Oct. 12 (Korea Bizwire) — About 36,000 foreigners were arrested on criminal charges annually on average over the past five years, about half of them from China, National Police Agency (NPA) data showed Thursday. A total of 180,162 foreigners were apprehended as suspects in criminal cases from 2018 to 2022, recording an annual average [...]
SEOUL, Oct. 12 (Korea Bizwire) — North Korean leader Kim Jong-un and Russian President Vladimir Putin have pledged to move relations between the two countries further forward as they exchanged messages marking the 75th anniversary of diplomatic ties after a summit last month, Pyongyang’s state media reported Thursday. Kim expressed his firm belief that North [...]
SEOUL, Oct. 12 (Korea Bizwire) — South Korea will be fully prepared for any scenarios related to the ongoing conflict between Israel and Palestinian militant group Hamas to minimize its impact on inflation and the broader economy, a senior finance ministry official said Thursday. First Vice Finance Minister Kim Byoung-hwan made the remarks while presiding [...]
SEOUL, Oct. 12 (Korea Bizwire) — South Korea and Chile discussed ways Thursday to boost bilateral cooperation on a wider range of economic and industry fields as they marked the 20th anniversary of a bilateral tree trade agreement (FTA), Seoul’s industry ministry said. Some 100 government and corporate officials from the two nations held an [...]
SEOUL, Oct. 12 (Korea Bizwire) — North Korea’s propaganda outlets on Thursday issued a barrage of insults against South Korea’s point man on inter-Korean affairs, calling him a “madman” and the worst-ever “traitor.” North Korea has often denounced South Korea’s unification ministry. But it marked the first time North Korea lashed out at Unification Minister [...]
MARRAKESH, Morocco, Oct. 12 (Korea Bizwire) — South Korea’s finance minister on Thursday vowed to join a global partnership centering on encouraging developing nations’ participation in the global supply chain for clean energy. “The RISE program will create additional value by playing key roles in the midstream and downstream processes, and lead to new growth [...]
HAENAM, Oct. 12 (Korea Bizwire) – Amidst a growing labor shortage in rural areas, a tragic incident unfolded among villagers engaged in a dispute over the availability of foreign labor during the busy planting season – a critical time for farmers. On Wednesday, the Haenam Branch of the Gwangju District Court handed down a 15-year prison [...]
SEOUL, Oct. 12 (Korea Bizwire) – The cost of English kindergartens is rising rapidly in South Korea. According to data from the Ministry of Education, the average monthly fee for these programs increased to 1.29 million won this year (as of June), up from 1.07 million won in 2021 and 1.14 million won in 2022. By [...]
SEOUL, Oct. 12 (Korea Bizwire) – A dispute has arisen over a report commissioned by the Korea Disease Control and Prevention Agency (KDCA), which underscores the necessity of prolonged tracking of Fukushima wastewater. The report, titled “The Impact of Wastewater Containing Radioactive Material on Humans,” was revealed through the government policy research management system ‘PRISM’ on [...]