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South Korean Firms Eye Ukraine’s $900 Billion Reconstruction Market Amid Peace Talk Prospects

South Korean Firms Eye Ukraine’s $900 Billion Reconstruction Market Amid Peace Talk Prospects

SEOUL, Feb. 14 (Korea Bizwire) — As discussions of potential peace negotiations between the United States, Russia, and Ukraine gain momentum, South Korean companies are positioning themselves to participate in what could become one of the largest reconstruction efforts in modern history. Estimates have pegged the cost of rebuilding Ukraine’s war-torn infrastructure at approximately $900 billion, [...]

N. Korea Suspected of Preparing for Additional Troop Deployment to Russia: JCS

N. Korea Suspected of Preparing for Additional Troop Deployment to Russia: JCS

SEOUL, Jan. 24 (Korea Bizwire) – North Korea is presumed to be accelerating preparations for the additional deployment of its troops to Russia while continuing to push for potential launches of a spy satellite or an intercontinental ballistic missile (ICBM), South Korea’s military said Friday. The assessment comes as South Korea and the United States [...]

Around 1,000 N. Korean Troops Killed in War against Ukraine: Report

Around 1,000 N. Korean Troops Killed in War against Ukraine: Report

SEOUL, Jan. 23 (Korea Bizwire) — About 1,000 North Korean soldiers are believed to have been killed while fighting Ukrainian forces in Russia’s western front-line region of Kursk, a news report said Thursday. Out of the estimated 11,000 North Korean troops deployed in support of Russia’s war against Ukraine, 4,000 have been killed, wounded, missing [...]

Captured N.K. Soldier in Ukraine Says Didn’t Know He Would Be Fighting Ukrainians

Captured N.K. Soldier in Ukraine Says Didn’t Know He Would Be Fighting Ukrainians

SEOUL, Jan. 21 (Korea Bizwire) — One of the two North Korean soldiers captured by Ukraine this month has claimed that he arrived in Russia without knowing whom he would be fighting, according to another video of his interrogation released by Ukrainian President Volodymyr Zelenskyy. Earlier this month, Zelenskyy disclosed that his forces had captured [...]

Zelenskyy Releases Additional Video of Captured N.K. Soldier

Zelenskyy Releases Additional Video of Captured N.K. Soldier

SEOUL, Jan. 15 (Korea Bizwire) — Ukrainian President Volodymyr Zelenskyy has released another video showing a captured North Korean soldier undergoing interrogation, accusing Russia of using North Korean troops to “prolong and escalate” its war against Ukraine. “Communication between captured North Korean soldiers and Ukrainian investigators continues. We are establishing the facts. We are verifying [...]

N. Korea’s Kim Sends Letter to Putin, Vowing to Further Solidify Military Cooperation

N. Korea’s Kim Sends Letter to Putin, Vowing to Further Solidify Military Cooperation

SEOUL, Dec. 31 (Korea Bizwire) — North Korean leader Kim Jong-un has sent a New Year’s letter to Russian President Vladimir Putin, vowing to further solidify bilateral military cooperation, the North’s state media reported Tuesday. “The New Year 2025 will be recorded as the first year of war victory in the 21st century when the [...]

Ukraine Possibly Captures 1st N. Korean Soldier: Report

Ukraine Possibly Captures 1st N. Korean Soldier: Report

SEOUL, Dec. 27 (Korea Bizwire) — Ukrainian forces have likely captured a North Korean soldier in what could be the first instance of its kind, a Ukrainian news report has said, as North Korean troops were fighting alongside Russia against Ukraine. Ukraine’s special operations troops reportedly took the soldier during operations in Russia’s western front-line [...]

Zelenskyy Says More than 3,000 N. Korean Troops Killed, Wounded in Russian Frontline

Zelenskyy Says More than 3,000 N. Korean Troops Killed, Wounded in Russian Frontline

SEOUL, Dec. 24 (Korea Bizwire) — More than 3,000 North Korean troops have been killed or wounded in Russia’s western frontline region of Kursk, Ukrainian President Volodymyr Zelenskyy has said, raising concern about the potential deployment of additional North Korean troops and equipment to Russia. Zelenskyy unveiled the figure Monday on the social media platform [...]