A South Korean-flagged tanker vessel which was seized by Iran’s Revolutionary Guards is seen in Gulf waters, Iran January 4, 2021. Picture taken January 4, 2021. IRGC/WANA (West Asia News Agency) via …
South Korean diplomat in Iran over seized ship, frozen funds
A South Korean diplomatic delegation arrived in Iran on Sunday to negotiate the release of a vessel and its crew seized by Iranian forces amid an escalating financial …
Iran’s $7bn battle: Tanker seizure ‘slap in the face’ to South Korea
Iran’s capture of a South Korean-flagged tanker at sea last week has been described by the US as extortion. But Tehran says it is Seoul that is the hostage taker — accusing it of holding $7bn of its …
Turkey Opens Anti-Dumping Probe on EU, S. Korea Hot-Rolled Coil
(Bloomberg) — Turkey started an anti-dumping probe on imports of a type of steel known as hot-rolled coil from the European Union and South Korea in what appeared to be a retaliatory step after the …
During COVID-19 Pandemic, Plastic Surgery Business in South Korea Has Increased Rapidly
During COVID-19 pandemic that occurred globally throughout 2020, has had a negative impact on various areas of life. However, this …
Court in South Korea tells Japan to pay compensation to wartime sex slaves
A court in South Korea has ordered Japan to pay compensation to a group of former wartime sex slaves in a ruling that will worsen tensions between the neighbours.The Japanese government reacted …
North Korean leader Kim Jong-un hints at a desire to engage with Joe Biden and South Korea
Kim Jong-un has announced a policy of “expanding and developing” relations with the rest of the world in a hint that he remains open to engagement with South Korea and the incoming Biden …
Top investment banks upgrade economic outlook for S. Korea
Top global investment banks (IB) forecast the South Korean economy to grow 3.4 percent this year, up by 0.1 percentage point from their previous estimate. Credit Suisse upgraded its estimate by 0.7 …
U.S. soldier dies in rollover accident in South Korea
A member of the U.S. Army’s 2nd Infantry Division died this week when his vehicle overturned during training in South Korea, the Army reported.
South Korean Court Rules Japan Should Pay Women for World War II Sexual Slavery
A South Korean court ruled that Japan should compensate a dozen Korean women who were forced to provide sex for Japanese soldiers during World War II, exacerbating already strained ties between the …