WASHINGTON, Mar. 25 (Korea Bizwire) — U.S. think tank experts floated the idea Monday of the United States tapping into South Korea’s 105 millimeter munitions stockpile to support Ukraine’s fight against Russia, as Kyiv urgently needs artillery ammunition supplies in the ongoing war of attrition. Mark Cancian, a senior adviser at the Center for Strategic [...]
SEOUL, Mar. 19 (Korea Bizwire) — While his Los Angeles Dodgers played their two exhibition games in Seoul to prepare for their regular season openers, starting pitcher Tyler Glasnow got a close look at what the South Korean style of cheering is all about. And the American right-hander quickly became a fan of it. In [...]
SEOUL, Mar. 15 (Korea Bizwire) – South Korean citizens holding a driver’s license issued in their home country can now acquire an Ohio driver’s license without undergoing further testing, as established by a recent agreement between the two regions. The Korean National Police Agency (KNPA) announced that it had entered into a ‘Mutual Recognition Agreement for [...]
SEOUL, Feb. 29 (Korea Bizwire) — The government set this year’s budget for official development assistance (ODA) at a record high of 6.3 trillion won (US$4.7 billion) Thursday in line with efforts to take full responsibility and play a leading role as a global leader. The decision was made during a meeting of the government [...]
SEOUL, Feb. 15 (Korea Bizwire) — North Korea has given no reaction yet to South Korea’s establishment of diplomatic relations with Cuba, but the surprise announcement is a blow to Pyongyang that has long boasted brotherly ties with the Caribbean nation. South Korea forged diplomatic ties with Cuba on Wednesday (New York time), making Cuba [...]
WASHINGTON, Feb. 12 (Korea Bizwire) — A U.S. diplomat on Monday highlighted America’s commitment to working in tandem with South Korea and Japan to address growing military cooperation between North Korea and Russia, which he said serves only to prolong Moscow’s war in Ukraine. Speaking at a forum, Robert Koepcke, deputy assistant secretary of state [...]
WASHINGTON, Feb. 12 (Korea Bizwire) — A White House official on Monday highlighted strengthened trilateral cooperation with South Korea and Japan among key achievements of the Joe Biden administration’s Indo-Pacific Strategy unveiled two years ago. During a press briefing, John Kirby, the National Security Council coordinator for strategic communications, catalogued key examples of progress in [...]
SEOUL, Feb. 8 (Korea Bizwire) — South Korea’s total revenue, including tax gains, fell 77 trillion won (US$57.9 billion) on-year in 2023 due to economic challenges from home and abroad, government data showed Thursday. For fiscal 2023, the country’s total revenue amounted to 497 trillion won, falling from 573.9 trillion won tallied a year earlier, [...]
SEOUL, Feb. 6 (Korea Bizwire) — The culture ministry on Tuesday unveiled its policy goals for this year, aiming to establish South Korea as a leading global cultural powerhouse and foster citizens’ happiness through cultural engagement. According to the plans announced by Culture, Sports and Tourism Minister Yu In-chon, the ministry will provide a record [...]
SEOUL, Jan. 31 (Korea Bizwire) — With his voice hoarse and having the look of an emotionally exhausted man, South Korea head coach Jurgen Klinsmann said he was “very, very proud” of his team for rallying past Saudi Arabia at the Asian Football Confederation (AFC) Asian Cup in Qatar on Tuesday. Trailing 1-0 with the [...]