International speculation quickly centered on a dispute between Iran and South Korea over $7 billion frozen in South Korean banks due to sanctions from the U.S. related to business dealings with Iran.
‘Pakistan, South Korea need to replicate CPEC model to boost bilateral trade’
ISLAMABAD: South Korean Ambassador Suh Sangpyo has said that in order to make Korea-Pakistan Economic Corridor (KPEC) a success, Korea would like to have similar incentives like the incentives being …
‘Pakistan, South Korea need to replicate CPEC model to boost bilateral trade’
ISLAMABAD: South Korean Ambassador Suh Sangpyo has said that in order to make Korea-Pakistan Economic Corridor (KPEC) a success, Korea would like to have similar incentives like the incentives being …
Iran frees South Korean ship as more nuclear talks planned in Vienna
Iran’s demand for access to frozen funds in South Korea are part of broader negotiations over the revival of the 2015 nuclear deal …
Iran releases South Korean tanker and crew captured at sea
April 9 (UPI) –Iran confirmed it has agreed to release a South Korea-flagged tanker, more than three months after it was captured in the Strait of Hormuz for alleged pollution at sea. Iran’s Mehr …
Iran frees South Korean oil tanker seized amid dispute over funds
A South Korean oil tanker held for months by Iran amid a dispute over billions of dollars seized by Seoul was freed and sailed away early Friday, just hours ahead of further talks between Tehran and …
Hyundai Motor to suspend South Korea production due to chip shortage: Yonhap
SEOUL (Reuters) – South Korea’s Hyundai Motor Co plans to suspend production for two days from Monday at its Asan plant because of a chip shortage, Yonhap news agency said, citing an unidentified …
Kim compares North Korea’s economic woes to 1990s famine
SEOUL, South Korea (AP) — North Korean leader Kim Jong Un has called for waging another “arduous march” to fight severe economic difficulties, for the first time comparing them to a 1990s famine that …
Breakingviews – Capital Calls – South Korea gaming IPO primes for high score
The company behind one of the world’s most successful mobile games has applied to go public in South Korea. Krafton … according to local media, citing business filings. That’s probably thanks to …
Breakingviews – Capital Calls – South Korea gaming IPO primes for high score
The company behind one of the world’s most successful mobile games has applied to go public in South Korea. Krafton … according to local media, citing business filings. That’s probably thanks to …