The Korean daily media headlines and humorTuesday July 9, 2019Round-up of important news from major Korean dailies and from international media todayThe Korea Post media (www.koreapost.com) in English, (www.koreapost.co.kr) in Korean.Moon urges Japan to retract export restrictions, indicates plan BP
North Korea's trade with Russia's Far Eastern region nearly tripled in the first quarter from a year earlier, data showed Tuesday, amid intensifying efforts by the two neighbors to strengthen bilateral relations. According to the data by South Korea's Consulate General in Vladivostok, th
A North Korean media outlet Monday slammed Japan's recent restriction on high-tech exports to South Korea, calling the measure a "shameless" act that indicates a lack of remorse for Tokyo's historical wrong-doings against the Korean people. Japan began to tighten regulations last week on s
Japan has restricted exports of high-tech materials to South Korea due to a "collapse" of mutual trust, Tokyo's ambassador to Seoul was quoted as saying Monday. Ambassador Yasumasa Nakamine, however, said his country is not seeking the suspension of exports beyond the removal of preferential t
President Moon Jae-in called on Japan on Monday to withdraw its recent export control against South Korean firms, describing it as an attempt to limit trade for a political purpose. Breaking his strategic reticence on the sensitive issue, Moon said his administration will first make "calm" efforts
The Korean daily media headlines and humorMonday July 8, 2019Rwandan National Day receptionHere are our story and pictures on the National Day of Rwanda on July 4, 2019.Please visit: http://www.koreapost.com/news/articleView.html?idxno=9466If our esteemed readers, as well as the Embassy of Rwanda, h
Top U.S. nuclear envoy Stephen Biegun will travel to Europe this week to meet with European officials and his South Korean counterpart to discuss ways to achieve North Korea's denuclearization, the U.S. government has said. Biegun will visit Brussels on Monday and Tuesday and Berlin on Wednesday
Samsung Electronics Vice Chairman Lee Jae-yong traveled to Japan on Sunday, apparently to meet with local business leaders and discuss Seoul's response to Tokyo's retaliatory limits on exports of high-tech materials.Japan said last week it would tighten regulations on exports of materials us
South Korea maintained its position at 12th in the global gross domestic product (GDP) rankings last year, the World Bank said Sunday. In 2018, Korea posted US$1.619 trillion in terms of nominal GDP, little changed from the previous year, data from the World Bank showed. Korea ranked 14th in the Wor
Two top South Korean economic policymakers met with business leaders Sunday to discuss ways to cope with Japan's export restrictions, Cheong Wa Dae has confirmed. Economy and Finance Minister Hong Nam-ki and Kim Sang-jo, chief of staff to President Moon Jae-in for policy, had consultations with
SK Trading International Co. (SKTI), a subsidiary of South Korea's largest refiner SK Innovation Co., said Sunday it plans to quadruple its offshore low-sulfur fuel supply business next year to meet increased demand following strict environmental regulations by the International Maritime Organiz
The South Korean government has stepped up preparations for the possibility of Japan expanding retaliatory export curbs, a related ministry official said Saturday.The Ministry of Trade, Industry and Energy in January made a list of 100 industrial products that could be targeted by Japan's export
U.S. President Donald Trump insisted Friday that the United States has a "very nice" relationship with North Korea following his diplomatic engagement with the regime's leader, Kim Jong-un.Trump returned this week from a visit to South Korea, where he held an impromptu meeting with Kim on the
South Korea's finance minister said Friday that he can meet with top executives of Samsung Group and four other major conglomerates to deal with Japan's export restrictions."There seems to be no reason not to meet with (them)," Hong Nam-ki, the minister of economy and finance, told reporte
In a meeting with President Moon Jae-in, SoftBank Group Corp. CEO Masayoshi Son on Thursday stressed the need for South Korea to invest aggressively into the artificial intelligence (AI) sector, according to Cheong Wa Dae.Moon had a 90-minute meeting with Son at the presidential compound, 50 minutes
A South Korean man has been under investigation on charges of stealing a device used in military explosives while serving in the Army and collecting or uploading video clips related to the Islamic State (IS) militant group, defense ministry officials said Friday.The 23-year-old man, identified only
The Korean daily media headlines and humorThursday July 5, 2019URGENT MESSAGE: Does the Embassy have news release(s)?Send them to edt@koreapost.com and/or pub@koreapost.com in Korean and/or English for IMMEDIATE publication by the five media outlets of The Korea Post, 3 in English and 2 in Korea:Rea
By Publisher Lee Kyung-sik with VC Cho Kyung-hee, Reporter Paul KimAmbassador Emma Françoise Isumbingabo of the Republic of Rwanda in Seoul said, “Over the past two decades the relations between Rwanda and Korea have grown attaining the level of “Key Partner Country” for development cooperati
Climate and engineering setbacks have forced North Korea to shift its strategy for hydroelectric power production, a source of great pride for the late former leader, Kim Jong-il, according to a U.S. monitor. 38 North, which provides analysis and satellite imagery of North Korea, said
South Korea's current account balanced turned to black in May, one month after the country posted its first deficit in seven years amid sluggish exports, central bank data showed Thursday. The country's current account surplus came to US$4.95 billion in the month, marking a turnaround from a