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Security advisers of S. Korea, US hold phone talks over NK missile
Kim Kwan-jin, chief of South Korea’s National Security Office, held a phone conversation with H.R. McMaster, Washington’s national security adviser, on Monday over the latest launch of missiles by Pyongyang earlier in the day. During the 15-minute phone call, the two agreed to expand Seoul-Washington ties to come up with stronger and more effective sanctions […]
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US Strategic Commands confirms N. Korean missile launch
The US Strategic Command confirmed North Korea’s missile launch, but did not give any assessment on the missile’s type, including whether it involved an intercontinental ballistic missile. “US Strategic Command systems detected and tracked what we assess was a North Korean missile launch at 4:34 p.m. CST (7:34 a.m. Korean time),” the command said in […]
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Korea needs to cut reliance on US economy: think tank
South Korea should reduce its reliance on the US economy and push to galvanize domestic demand as the world’s No. 1 economy is expected to continue its slow growth down the road, a state think tank said Friday. In a report on the future of the US economy, the Korea Institute for International Economic Policy […]
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Korea’s Richest 100 remains unchanged in 2017
It is no surprise that Samsung Electronics Chairman Lee Kun-hee, 75, is once again recognized as the richest man in Korea with a total value of assets, including listed stocks and real estate, reaching 15 trillion won ($13.1 billion). The Herald Business and The Korea Herald’s list of Korea’s Richest 100 was updated recently to […]
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S. Korean, Spanish foreign ministers agree to work together to press NK
The top diplomats of South Korea and Spain have agreed to work together to pressure North Korea into giving up its nuclear weapons program, the foreign ministry here said Thursday. The North Korean nuke issue and its human rights violations were among the main topics of discussion when South Korean Foreign Minister Yun Byung-se and […]
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US, China, Korea should work together against NK threat
With North Korea scaling up its nuclear and missile capabilities, the United States should consider taking higher policy risks to break the security deadlock and tamp down the communist regime’s proliferating threat, according to a former director at the White House’s National Security Council. Victor Cha, speaking at a forum in Seoul on Feb. 17, […]
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Divided nation marks Independence Movement Day
Marking Independence Movement Day, millions of South Koreans poured onto the streets, turning central Seoul into a sea of national flags Wednesday. But this time, the nation is deeply divided, protesting for and against President Park Geun-hye’s impeachment. As the Constitutional Court is set to rule on whether to unseat or reinstate the scandal-ridden president […]
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Korea's exports rise 20.2% in Feb.
South Korea’s exports jumped 20.2 percent last month from a year earlier expanding at the fastest clip in five years on rising oil prices and recovering world trade, government data showed Wednesday. Outbound shipments came to $43.2 billion in February, up from $35.9 billion tallied a year earlier, according to the Ministry of Trade, Industry […]
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Korea's experience can be role model of Asian development
South Korea will play a bigger role in Asia’s investment in sustainable infrastructure through its experience of economic development and constant investment in basic facilities, a senior official at an international institution said. “I would say that Korea is a very important member of our bank,” Danny Alexander, vice president of the China-led Asia Infrastructure […]
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Investigators name Park as bribery suspect; indict 17 more suspects
The special prosecutor’s team Tuesday named President Park Geun-hye as a suspect in the extensive corruption scandal involving her longtime friend Choi Soon-sil, rounding off its three-month investigation and handing the case back to state prosecutors. It also decided to indict Lee Jae-yong, heir apparent of the nation’s most powerful conglomerate Samsung Group, along with […]
