Search result for Korea

South Korean legislators approve to dismiss the prime minister.
The opposition-controlled legislature of South Korea has passed a motion urging President Yoon Suk-yeol to dismiss the prime minister for alleged incompetence and policy failures.
Thursday, lawmakers voted 175-116 in favor of seeking Han Duck-soo's dismissal.
The motion, s...

Senior officials from South Korea and the United States have reached a consensus that North Korea and Russia's cooperation in the arms trade violates UN sanctions.
On Friday, senior South Korean and United States diplomats and defense officials reached a consensus that military collaboration between North Korea and Russia is a grave violation of US sanctions and that the allies would guarantee that there is a price to pay for this violation. They also agree...

China is crucial to mitigating potential Arms agreement between Russia and North Korea, according to an expert.
China holds the key to preventing a potential arms agreement between Moscow and Pyongyang, according to an expert on North Korean military and politics, as Russian President Vladimir Putin and North Korean leader Kim Jong Un prepare to meet in Russia's Far East.
Kim arrived aboard h...

The highs and lows of relations between Russia and North Korea
The United States, which first disclosed that the visit was imminent, stated that Kim and Putin were likely to discuss North Korea supplying Russia with weapons for Ukraine's brutal civil conflict. This would be a role reversal from the 1950-1953 Korean War, when the Soviet Union supplied amm...

"Any Nuclear Attack Would Bring Down the Kim Jong Un Regime," South Korea warns.
Pyongyang had stated that the deployment of a US nuclear-capable submarine and other strategic assets in the region could satisfy the requirements for the use of nuclear weapons.
Yonhap News Agency reported on Friday that South Korea has warned North Korea that any nuclear attack from t...

Teacher wounded in latest South Korean knife attack at school
South Korean police have taken into custody a suspect believed to have wounded a high school teacher with a knife on Friday in Daejeon. This is the second apparent random knife attack in the country in the past two days.
The only description provided by the Daejeon Metropolitan Police A...

Dongdaemun Vibe, a summer festival, will happen toward the end of July.
The Dongdaemun Vibe festival, which takes place later this month, marks the beginning of the summer season at the Dongdaemun Design Plaza.
Dongdaemun Design Plaza, located in the heart of Seoul, will play host to the annual summer event, as was announced on Friday by the Seoul Design Fo...

NK Students Win Top Places In US Firm’s Hacking Contest
US news station Radio Free Asia reported on Thursday that university students from North Korea won all of the top prizes at a hacking contest held by US software company HackerEarth in May.
At May Circuits 2023, a coding race for developers, three students from Kim Chaek University of T...

Next-generation Korean destroyer models are revealed by HD Hyundai Heavy Industries.
The models of a next-generation Korean destroyer and other combat ships in development will be unveiled by HD Hyundai Heavy Industries.
On June 4, HD Hyundai Heavy Industries declared that it will take part in MADEX 2023, the International Maritime Defense Industry Exhibition, which wil...

With South Korea, the top EU diplomat addresses Ukraine's munitions need.
Josep Borrell, the top diplomat for the European Union, claimed to have met with South Korea's defense minister on Saturday to talk about Ukraine's ammunition requirements.
The Shangri-La Dialogue, Asia's premier security gathering, was the backdrop for the discussion as Sou...

LG Energy Solution and Hyundai Motor Group Set Up a Joint Venture for NA Battery Cell.
Hyundai Motor Group said on May 26 that it had signed a deal with LG Energy Solution to set up a joint venture factory in the U.S. to make battery cells for electric vehicles (EVs) by 2025.
The joint venture factory will be built in Bryan County, Georgia, where the Hyundai Motor Group M...

A large number of US and South Korean forces will conduct live-fire drills in an area close to the border with North Korea.
Despite North Korea's warning that it won't accept such a hostile invasion rehearsal, South Korea and the US were about to launch huge live-fire drills along the border with North Korea. Despite North Korea's warning that it won't accept what it deems a hostile invasion rehearsal ...

First Q1 current account deficit in 11 years in South Korea
The Bank of Korea released data on Wednesday showing that the first three months of 2023 saw a deficit in South Korea's current account balance for the first time in 11 years due to weak exports. A record-high loss of $4.21 billion in January followed by $520 million in February contributed t...

South Korean cigarette sales increase in 2022.
Despite the government's anti-smoking campaign, cigarette sales in South Korea rose by 1.1% in 2022 over the previous year, according to the Finance Ministry.
According to the Ministry of Economy and Finance, South Korean consumers purchased 3.63 billion packs of 20 cigarettes in 20...

The 8 Korean models that are tearing up the runways throughout the world
Models from South Korea have also become increasingly prominent in the international fashion industry alongside their country's K-pop and K-drama stars. Find out more about these eight models that are either on their way up or have already made it to the top of the fashion industry while also...

Ten Reasons Why You Should Invest in the South Korean Economy
The question, "What business can I start in South Korea?" is a common one. Alternatively, what characteristics should a reliable investment have? Read on, and you'll learn about investment prospects in the business world. Money investments are serious business. It's not enough t...

Financial, automotive, and battery material gains push Seoul stocks higher at the close.
Automakers, battery materials businesses, and financial institutions were the day's top gainers on the South Korean stock market. The domestic currency depreciated versus the dollar.
After gaining 3.99 points, or 0.16 percent, the Korea Composite Stock Price Index ended the day at 2...

For a Chinese COVID-19 escapee, the government has threatened "stern punishment."
A Chinese national infected with COVID-19 is returned to his hotel in Incheon on Thursday after being transferred there from Seoul two days earlier at the request of the Korean health authority. Before he could be admitted to the isolation ward, he escaped. A Chinese national infected with ...

Gains in LG's market capitalization have been the highest among major companies.
With Chairman Koo Kwang-mo at the helm, the South Korean conglomerate LG has been able to outpace its larger competitors Samsung, SK, and Hyundai Motor in terms of overall market value growth over the past year thanks to its focus on change, innovation, and the development of new growth engines. ...

A formerly defunct "far-left" party rejoins the Assembly.
The Progressive Party, considered to be more left-leaning than the Democratic Party of Korea, which holds the majority in the National Assembly, and the Justice Party, has returned to the National Assembly.
Rep. Kang Sung-hee won 39 percent of the vote in Jeonju, a liberal constituency ...