Tag: southkorea

North Korea’s Kim Jong Un calls South Korea a foreign, hostile country

By Joyce Lee SEOUL (Reuters) -North Korean leader Kim Jong Un has described South Korea is a foreign and hostile nation, state media KCNA reported on Friday with photos showing Kim and high-ranking military personnel at a command post poring over a map labelled “Seoul”. The report comes a day after KCNA said North Korea amended its constitution to designate South Korea a “hostile state” and dropped unification of the two countries as a goal. […]

South Korea, Singapore aim to become strategic partners next year

SINGAPORE (Reuters) -South Korea and Singapore have agreed to embark on a strategic partnership next year, marking the 50th anniversary of their establishment of diplomatic relations, the city state’s Prime Minister Lawrence Wong said on Tuesday. The two nations signed an extradition treaty and will look to deepen co-operation in fields such as artificial intelligence, defence and climate change, as well as upgrade their free trade pact. “The upgrade is not just a change in […]

South Korea court approves arrest for battery maker CEO over deadly fire

SEOUL (Reuters) -The CEO of a South Korean lithium battery maker that was struck by a fire that killed 23 people in June has been arrested after a court approved a warrant on allegations of violating industrial safety law, a judge said on Thursday. Park Soon-kwan, the CEO of Aricell, which is majority owned by S-Connect, apologised after the fire but said at the time the company had followed all required safety precautions and training […]

South Korea’s bitcoin “kimchi premium” surges to two-year high as global prices surge

SEOUL, March 8, 2024 (AFP) – South Korea’s so-called “kimchi premium” on bitcoin prices hit a two-year high this week, a cryptocurrency data firm said, as the virtual token broke records globally. Bitcoin hit a peak above $69,000 Tuesday, beating its previous high achieved in November 2021, buoyed by growing trading accessibility of the world’s biggest cryptocurrency, even as supply remains tight. The “kimchi premium” — named after the country’s fermented side dish — refers […]

BLACKPINK renews contract with YG, K-Pop shares soar

SEOUL, Dec 6, 2023 (AFP) – All members of the megastar girl group BLACKPINK renewed their contracts with YG Entertainment on Wednesday, the company said, ending speculation around their future and driving up shares in the leading K-pop label by over 20 percent. Rumours surrounding BLACKPINK — one of K-pop’s most successful girl groups — and their potential future plans have abounded since the quartet’s original contracts expired in August, with local reports even claiming […]

BTS agency becomes biggest shareholder of K-pop industry rival SM

Seoul, South Korea | AFP | Wednesday 2/22/2023 K-pop supergroup BTS’ management agency HYBE said Wednesday it had become the biggest shareholder of embattled rival SM Entertainment, whose founder has been mired in an ugly power struggle within his company. SM was founded by Lee Soo-man, who is widely referred to as “the godfather of K-pop” and credited for producing key figures in an earlier generation of artists such as BoA, Girls’ Generation and TVXQ, […]

North Korea fires artillery barrage into buffer zone: Seoul

Seoul, South Korea (AFP) North Korea fired a barrage of artillery shells into a maritime buffer zone on Monday, Seoul’s military said, the latest in a series of launches by an increasingly belligerent Pyongyang. About 130 artillery rounds were simultaneously fired at 14:59 pm (0559 GMT) from two separate sites, one on North Korea’s east coast and one on the west coasts, the South’s Joint Chiefs of Staff said in a statement. Seoul’s military said the […]

North Korea fires ballistic missile, Seoul says

Seoul, South Korea (AFP) by Cat Barton and Sunghee Hwang North Korea fired a ballistic missile Sunday, Seoul’s military said, just days after a US aircraft carrier arrived for joint drills with the South in a show of force against Pyongyang. With talks long-stalled, nuclear-armed North Korea has doubled down on its banned weapons programmes, even revamping its laws earlier this month to declare itself an “irreversible” nuclear power. The Sunday launch is the latest […]

South Korea detects first Omicron cases, tightens travel curbs

South Korea on Wednesday reported its first cases of the Omicron coronavirus variant and tightened travel restrictions as fears grew about the strain’s impact on the country’s ongoing Covid surge. Health authorities said Omicron was detected in five people, including a fully vaccinated couple who had visited Nigeria from November 14 to 23, returning two days before the variant was officially reported by South Africa. They tested positive for the coronavirus on Thursday, and subsequent […]

Trump rules out reducing US troops from South Korea

President Donald Trump on Friday ruled out reducing US forces from South Korea as part of a deal in his upcoming summit with North Korea. “No, it’s not. That is not one of the things on the table,” Trump said when asked if he would consider pulling some of the 28,500 troops from South Korea. Trump, answering questions as he met at the White House with a senior Chinese official, said that he would not […]