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Saturday, October 5, 2024

KOREA

Yoon warns against threat of ‘fake peace’ with North

President Yoon Suk Yeol stressed Wednesday that notions of "fake peace" with North Korea pose a serious challenge to security and democracy. "Despite repeated warnings...

Japanese beer sales surge as Korean boycott fades

Sales of Japanese beer have surged to the forefront of Korea's imported beer market, with January to August import levels exceeding three times the...

Rising debt

 

Prime Minister Han affirms commitment to three major reforms

Prime Minister Han Duck-soo reaffirmed the government's commitment to the three major reforms promised by the Yoon Suk Yeol administration. “We have to change the...

Twenty-two Chinese nationals in Korea caught after illegal entry attempt

All 22 Chinese nationals attempting to smuggle themselves into Korea through Boryeong, South Chungcheong, were apprehended on Tuesday. Initially, 21 Chinese nationals were taken into...

U.S. expected to lengthen China exemptions for Korean chipmakers

The U.S. government is expected to indefinitely extend Korean chipmakers’ one-year exemptions on controls concerning chip technology exports to China, clearing up some uncertainties...

Samsung chief visits Middle East to explore opportunities, encourage employees

Samsung Electronics Executive Chairman Lee Jae-yong visited the Middle East during Korea’s extended Chuseok harvest holidays, a move to seek new business opportunities in...

South says North will never be accepted as nuclear state

South Korean Foreign Ministry said North Korea will never be recognized as a nuclear state, rejecting the country's recent attempts to legitimize its nuclear arsenal. “The...

‘Security and economy are one,’ Yoon stresses during Chuseok break

President Yoon Suk Yeol stressed the importance of security in improving people's livelihood and economic growth over the Chuseok holiday, meeting with troops, atomic...

Experts say older people in Korea not nearly as poor as numbers suggest

Nearly four out of 10 people over the age of 65 in Korea were categorized as poor as of 2021. However, experts say this...