SEOUL/SEONGJU, Aug. 19 (Korea Bizwire) – Residents of Seongju said Friday that they can consider an alternate site for the the advanced U.S. defense shield if the government scraps its initial decision to place the system at an existing anti-aircraft missile base. The emergency committee opposed to the deployment of the Terminal High Altitude Area [...]
SEOUL, Aug. 19 (Korea Bizwire) – A Britain-based senior North Korean diplomat directly flew to South Korea after expressing his wish to defect to the Seoul government, a source said Friday. Thae Yong-ho, who served as a minister at North Korea’s embassy in London, and his family arrived in South Korea late last month without [...]
SEOUL, Aug. 19 (Korea Bizwire) – South Korea’s military said Thursday that it will carry out the largest-ever artillery drill near the border with North Korea to demonstrate its determination to retaliate against future provocations. The drill will take place in the afternoon, one day before South Korea marks the first anniversary of the North’s [...]
SEOUL, Aug. 16 (Korea Bizwire) – South Korea’s defense chief will visit Seongju, the selected site for an advanced U.S. anti-missile system this week, to hold talks with local residents angered by the “unilateral” deployment decision, the defense ministry said Tuesday. Han Min-koo will visit the rural county, 296 kilometers southeast of Seoul, on Wednesday, [...]
SEOUL, Aug. 12 (Korea Bizwire) – North Korea has publicly executed some 60 people so far this year as the reclusive country’s leader Kim Jong-un strengthens his reign of terror, a source said Friday. The move aimed at putting fear into the people comes as more ordinary North Koreans are expressing dissatisfaction as Pyongyang has [...]
RIO DE JANEIRO, Brazil, Aug. 11 (Korea Bizwire) – South Korean shooter Jin Jong-oh collected a fourth gold medal for his country on Wednesday in the men’s 50m pistol at Rio 2016. But it wasn’t an easy win even for Jin, who holds the world record in both 10m air pistol and 50m pistol. The [...]
SEOUL, Aug. 10 (Korea Bizwire) – South Korea on Wednesday said it is nonsense to talk about reopening the now-shuttered joint industrial park with North Korea, as the communist country is continuing to move forward with its development of nuclear weapons and missiles. Six months ago, Seoul shut down the Kaesong Industrial Complex in the North’s [...]
SEOUL, Aug. 10 (Korea Bizwire) – South Korea’s military said Wednesday it will upgrade thermal observation devices (TODs) installed at the heavily fortified inter-Korean border to cope with growing threats from North Korea. The upgrade aims to closely monitor and detect any provocative movements from the North along the Demilitarized Zone (DMZ). In August last [...]
SEOUL, Aug. 9 (Korea Bizwire) – Only North Korea can deny that poverty and famine have swept across its population: the painful reality is that hardship even affects North Korean soldiers, who are portrayed on state TV as being brave and valiant. According to local sources from Daily NK on Monday, the North Korean military [...]
SEOUL, Aug. 9 (Korea Bizwire) – South Korea’s per capita income could plunge by up to 30 percent if the divided two Koreas are unified, a report showed Tuesday. In the report to assess a unified peninsula’s economic potential, the Korea Development Institute (KDI) estimated that South Korea’s per capita gross national income (GNI) could [...]