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Tag: South Korea

Posted on October 19, 2023

S. Korea freezes policy rate at 3.5 pct for 6th time

SEOUL, Oct. 19 (Xinhua) — South Korea’s central bank on Thursday froze its policy rate for the sixth successive time this year on greater worry about economic downturn. Bank of Korea (BOK) Governor …

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Posted on October 19, 2023

Strengthening Vietnam-S.Korea cooperation, exchanges discussed at GBF

Given South Korea and Vietnam’s complementary roles, there is more room for bilateral cooperation between the two countries, said Vietnamese Ambassador to South Korea Nguyen Vu Tung on Wednesday.
Posted on October 18, 2023

S. Korea, Latin America to discuss ways to boost trade, ICT cooperation

Some 200 corporate and government officials from South Korea and Latin American countries will gather in Mexico this week to discuss ways to enhance bilateral trade and cooperation on advanced …
Posted on October 18, 2023

What Can We Learn from Sri Lanka’s Debt Default?

Photo courtesy of Ceylon Independent At Independence in 1948, Sri Lanka was second to Japan on most socio-economic indicators and ahead of South Korea on per capita income in 1960; it has since
Posted on October 18, 2023

North Korea may have cooperated with Hamas, could use tactics to attack South Korea, Seoul says

South Korea believes that North Korea may have sold weapons to Hamas militants and cooperated with them in other military spheres, local outlet Yonhap reported on Oct. 17, citing a representative of Seoul’s military.
Posted on October 17, 2023

U.S. B-52 Strategic Bomber Makes First-Ever Landing in South Korea

A B-52H landed at Cheongju International Airport, marking the very first time the iconic bomber landed in South Korea. A U.S. Air Force B-52H
Posted on October 17, 2023

(LEAD) Fitch keeps S. Korea’s credit rating at ‘AA-,’ outlook stable

SEOUL, Oct. 17 (Yonhap) — Global credit appraiser Fitch Ratings has reaffirmed South Korea’s sovereign rating at “AA-” with a stable outlook, the finance ministry said … against geopolitical risks …
Posted on October 17, 2023

This Moment Will Determine the Future of the U.S.-South Korea Alliance and Indo-Pacific Strategy | Opinion

This month marks the 70th anniversary of the U.S. and South Korean alliance, which was formalized by the signing of the Mutual Defense Treaty. Over seven decades, our partnership has flourished through great challenges, providing great benefits to both countries.
Posted on October 17, 2023

Exclusive: Britain, South Korea extend tariff-free trade on goods with EU links

Britain and South Korea have agreed to extend a period of low or zero tariffs on bilateral trade by two years, ahead of talks to forge a new trade deal, the British government said on Monday, in a boost for the car industry.
Posted on October 17, 2023

Fearing China, South Korea Targets Contractors on Taiwan Navy Submarines

SEOUL (Reuters) -South Korean authorities cited the risk of Chinese economic retaliation when they charged marine technology firm SI Innotec last year with violating trade laws for its work on Taiwan’s new military submarine program, according to a police document seen by Reuters and two people familiar with the matter.

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