Tag: South Korea
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CNA Explains: Why is South Korea angry with Ukraine over two North Korean POWs?
South Korea has demanded an apology from Ukraine, saying that President Volodymyr Zelenskyy breached a secrecy agreement in revealing that Kyiv had transferred two captured North Korean soldiers to South Korea.
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South Korea president urges Pyongyang dialogue after DMZ blasts
SEOUL: South Korean President Lee Jae Myung urged North Korea on Thursday (Oct 1) to return to dialogue, a day after Seoul’s military demanded an apology over a blast in the demilitarised zone that severely
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South Korea says ordered to pay Elliott $48.49 million over Samsung merger case
SEOUL, Oct 1 : South Korea has been ordered to pay Elliott Investment Management about $48.49 million plus interest after an arbitration tribunal ruled the government’s involvement in the 2015 merger of Samsung C&T and Cheil Industries was causally linked to the US fund’s losses, Seoul’s Justice Ministry said on Thu
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Trump unveils US$200 billion South Korean investment in US; Seoul hedges on Alaska pipeline
Seoul confirmed most elements of US President Donald Trump’s announcement, but quickly suggested that its commitment to a US$54 billion LNG pipeline in Alaska was not yet set in stone.
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South Korea ordered to pay Elliott $48.49 million in Samsung merger case
SEOUL, Oct 1 : South Korea has been ordered to pay US hedge fund Elliott about $48.49 million plus interest after a tribunal ruled the government’s involvement in the 2015 merger of Samsung C&T and Cheil Industries was causally linked to Elliott’s losses, Seoul’s Justice Ministry said on Thursday.The remand t
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South Korea factory growth hits 4-month high as export orders boom, PMI shows
SEOUL, Oct 1 : South Korea’s factory activity grew in September at the strongest pace in four months, as export demand hit the fastest pace in 15-1/2 years led by the chip and auto sectors, a survey showed on Thursday. • The purchasing managers index (PMI), published by S&P Global, stood at 53.9 in Septembe
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South Korea September exports rise 83.5% y/y to monthly record
SEOUL, Oct 1 : South Korea’s exports jumped 83.5 per cent in September from a year earlier to post a record monthly high, customs data showed on Thursday. Semiconductor shipments, fuelled by global spending on artificial intelligence, also set a record.Data released by the customs office on Thursday showed ou
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South Korea unveils major energy investment plans in US
SEOUL, Oct 1 : South Korea officially unveiled comprehensive implementation plans on Thursday for three major energy initiatives in the US, advancing a $350 billion strategic investment package designed to secure critical exemptions from punishing US import tariffs. The two will launch a $22.3 billion gas-fi
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South Korea: Lost shark draws over half a million visitors
The South Korean port of Busan says that a stranded shark has become a major tourist draw. It’s also named the ocean predator an honorary ambassador to the city.
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South Korea made no military aid pledge to Ukraine over transfer of North Koreans, lawmaker says
SEOUL: South Korea made no promise to provide military support for Ukraine’s fight against Russia in the transfer of two captured North Korean soldiers, a South Korean lawmaker said on Wednesday (Sep 30), citing the country’s intelligence agency. Ukraine imposed no preconditions on the transfer of the pa
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