SEOUL, Aug. 22 (Korea Bizwire) – Defection by North Korean diplomats who have access to foreign currency holdings would make it harder for North Korea to bring in money from abroad which can eventually hasten the communist regime’s collapse in the event of a financial crisis, a renowned U.S. scholar said Monday. The analysis by [...]
SEONGJU, South Korea, Aug. 21 (Korea Bizwire) – Residents of Seongju on Sunday officially requested that the government pick an alternate site within their county for the deployment of the advanced U.S. missile defense system. The emergency committee set up to respond to Seoul’s plan to deploy the Terminal High Altitude Area Defense (THAAD) battery [...]
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. 17 (Korea Bizwire) – South Korea’s defense chief on Wednesday defended the government’s decision to select Seongju, a southeastern county, as the site for an advanced anti-missile system to counter threats from North Korea, according to military officials. In a meeting with representatives of Seongju residents held in the rural town from 2:00 [...]
SEOUL, Aug. 17 (Korea Bizwire) – Unnerving rumors spread across the Korean entertainment industry in the weeks that followed the Korean government’s decision to deploy a THAAD (Terminal High Altitude Area Defense) battery in Seongju, a county in North Gyeongsang Province, with some suggesting that the Chinese government would retaliate by controlling the spread of hallyu (Korean [...]
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. 11 (Korea Bizwire) – China may make the official claim that it will not take retaliatory measures against Korea for the recent decision to deploy a THAAD battery in Seongju, but those working in the local tourism industry agree that change is in the air. According to tourism industry officials, the number of Chinese [...]
SEOUL, Aug. 8 (Korea Bizwire) – A group of lawmakers from the main opposition Minjoo Party of Korea (MPK) visited China on Monday for talks with Chinese officials and scholars over the planned deployment of an advanced U.S. anti-missile system to South Korea, a major thorn in the relations between Seoul and Beijing. The six [...]
SEOUL, Aug. 5 (Korea Bizwire) – South Korea is keeping close tabs on the strong-worded media response from China and its possible retaliatory measures against Seoul’s plan to deploy a United States missile defense system on the peninsula, a top diplomat said Friday. Foreign Minister Yun Byung-se, however, emphasized that it is important to work [...]
SEOUL, Aug. 4 (Korea Bizwire) – President Park Geun-hye on Thursday said her government can consider deploying an advanced U.S. antimissile system to a new location within the southern county of Seongju rather than an already designated spot, amid strong opposition by residents. Park made the remarks during a meeting with 11 lawmakers from Daegu [...]