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 …
S. Korea to extend fuel tax cut through year-end
SEOUL, Oct. 16 (Yonhap) — Finance Minister Choo Kyung-ho said Monday that South Korea will extend the tax cut on fuel consumption through December amid concerns about growing inflationary pressure …
Exclusive-Britain, South Korea agree to extend tariff-free trade for two years
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 …
Asia markets poised for weaker open as investors look ahead to China GDP, Japan inflation data
China will release its third-quarter gross domestic product, while Japan’s inflation data and South Korea’s rate decision are also expected this week.
S. Korea entering ‘recovery phase’ amid geopolitical uncertainties: Choo
The South Korean economy is entering a “recovery phase” on the back of signs of an export rebound, while the geopolitical tension from the Middle East is emerging as a new uncertainty, the finance …
North Korea warns of ‘catastrophic consequences’ after U.S. aircraft carrier arrives off South Korea
North Korea Friday called the arrival of U.S. aircraft carrier USS Ronald Reagan in South Korea an undisguised military provocation and warned of “catastrophic consequences” and the danger of outbreak of a nuclear war.
North Korea raises the specter of nuclear strike over US aircraft carrier’s arrival in South Korea
North Korea is lashing out at the arrival of a U.S. aircraft carrier battle group in South Korea, calling it a provocation and again raising the specter of using nuclear weapons to defend itself.
Philippines and South Korea Fortify Bilateral Relations with Enhanced Consular Cooperation
The Philippines and South Korea have taken significant strides in fortifying their bilateral relations through the strengthening of consular cooperation. This move is marked by the signing of key …
North Korea effectively suspended the agreement. The South Korean government will also fine-tune the 9·19 military agreement
Shin Won-sik emphasizes surveillance and reconnaissance capabilities day after day. The government’s ‘coordinated stance’ is still yet to be seen. Amid the attention on the blind spots of the 9·19 …
Saudi Arabia working to improve regulation, financial support for S. Korean projects: investment minister
Saudi Arabia is working on regulatory improvement and financial support measures to encourage the participation of South Korean companies in key projects in the Middle Eastern country, a senior Riyadh …