SEOUL, Mar. 27 (Korea Bizwire) — Unification Minister Kim Yung-ho on Wednesday condemned North Korea’s abduction and detention of South Korean nationals as an “inhumane” act, vowing the government’s utmost efforts to resolve the urgent issue. Kim made the remarks during a meeting with family members of the South Korean victims and chiefs of related [...]
SEOUL, Mar. 26 (Korea Bizwire) — The Navy held a remembrance ceremony Tuesday for sailors who were killed during the 2010 sinking of the Cheonan corvette by a North Korean torpedo attack in the Yellow Sea. The 1,200-ton warship sank near the western Northern Limit Line (NLL), a de facto inter-Korean sea border, in March [...]
WASHINGTON, Mar. 25 (Korea Bizwire) — The United States on Monday reiterated the importance of dialogue with North Korea, after Pyongyang claimed Japanese Prime Minister Fumio Kishida has expressed his intention for a summit with North Korean leader Kim Jong-un. Kim Yo-jong, the influential sister of the North Korean leader, said that Kishida recently made [...]
SEOUL, Mar. 11 (Korea Bizwire) — North Korea has begun the construction of factories in more than 10 counties, state media reported Monday, as leader Kim Jong-un called for the development of backward provinces to bolster the regional economy. The country held a series of the groundbreaking ceremonies for the construction of the regional industrial [...]
WASHINGTON, Mar. 6 (Korea Bizwire) — U.S. officials’ recent focus on the idea of “interim steps” for a path towards North Korea’s ultimate denuclearization is raising a flurry of questions about their intentions and the direction of America’s policy on the recalcitrant regime. The idea has come into the spotlight in South Korea as some [...]
SEOUL, Mar. 6 (Korea Bizwire) – North Korean leader Kim Jong-un has sent tractors to the northeastern province of Ryanggang, state media said Wednesday, in an apparent move to boost crop output amid chronic food shortages. Without disclosing the number of tractors sent, the North’s Korean Central News Agency (KCNA) reported that a ceremony took place [...]
SEOUL, Feb. 29 (Korea Bizwire) — North Korea has begun the construction of factories, state media reported Thursday, as its leader Kim Jong-un called for the development of backward provinces amid prolonged economic difficulties. Kim attended the groundbreaking ceremony for the construction of the regional industrial factories in Songchon County, South Pyongan Province, on Wednesday, [...]
WASHINGTON, Feb. 21 (Korea Bizwire) — With South Korea and the United States estranged from North Korea, cautious hopes are reemerging that Japan’s diplomatic outreach to Pyongyang could lead to an opening for the resumption of long-stalled diplomacy for peace with the recalcitrant regime. Japanese Prime Minister Fumio Kishida has repeatedly expressed his intention to [...]
WASHINGTON, Feb. 13 (Korea Bizwire) — Former President Donald Trump’s recent controversial remarks on the North Atlantic Treaty Organization (NATO) is stoking a renewed yet consequential question for South Korea: Would America’s security commitment remain steadfast in the midst of seemingly unbridled North Korean threats? During a campaign rally in South Carolina on Saturday, Trump [...]
SEOUL, Feb. 13 (Korea Bizwire) — North Korea’s provincial committees have discussed measures to carry out the national policy of developing regional economies, state media said Tuesday, amid worsening inequality in the North’s capital and rural areas. The respective committees held enlarged plenary meetings to discuss measures to “establish realistic goals corresponding to regional traits” [...]