SEOUL, Oct. 4 (Korea Bizwire) — North Korea on Wednesday rejected a Pentagon document labeling Pyongyang a “persistent” threat, saying the world’s biggest threat of weapons of mass destruction comes from none other than the United States. In a recently updated version of the Strategy for Countering Weapons of Mass Destruction (CWMD), the U.S. Department [...]
SEOUL, Oct. 4 (Korea Bizwire) — Celebrating this year’s 70th anniversary of the South Korea-United States alliance, Yonhap News Agency, South Korea’s key newswire, will publish a white paper, containing the development of bilateral relations, and kick off a special photo exhibition in Seoul this week. The white paper shows the traces of the two [...]
SEOUL, Oct. 4 (Korea Bizwire) — The defense ministry warned Wednesday that North Korea will face the “end of its regime” if it attempts to use nuclear weapons, after Pyongyang recently amended its constitution to enshrine its nuclear policy. The ministry issued the warning after the North convened a key parliamentary meeting last week, with [...]
SEOUL, Oct. 4 (Korea Bizwire) — South Korea and the United Arab Emirates (UAE) have launched formal negotiations for a bilateral free trade agreement, Seoul’s industry ministry said Wednesday. The two nations agreed in 2021 to push for forging a Comprehensive Economic Partnership Agreement (CEPA), and the first round of talks kicked off in Seoul [...]
SEOUL, Oct. 3 (Korea Bizwire) – Finance Minister Choo Kyung-ho said Tuesday the government will come up with a set of measures to boost the competitiveness of South Korea’s rechargeable battery industry and small and medium-sized enterprises (SMEs) later this year. Along with the plan, the government will expand its investment into the research and [...]
SEOUL, Oct. 3 (Korea Bizwire) – The heads of South Korea’s and Japan’s financial regulators on Tuesday agreed to resume regular “shuttle meetings” as part of their efforts to strengthen financial cooperation between the two countries, officials said. Kim Joo-hyun, chairman of Seoul’s Financial Services Commission (FSC), and Teruhisa Kurita, commissioner of Tokyo’s Financial Services [...]
SEOUL, Oct. 3 (Korea Bizwire) — South Koreans’ happiness level is rising slowly but surely, unlike what the country’s ranking on happiness indices might suggest, according to a presidential committee promoting national cohesion. The Presidential Committee of National Cohesion said in a paper published last month that it reached the conclusion after comparing and analyzing [...]
BORYEONG, South Korea, Oct. 3 (Korea Bizwire) — The Coast Guard apprehended 22 Chinese nationals Tuesday suspected of attempting to illegally enter a western coastal city by boat, officials said. The group of Chinese nationals, known to be around their 40s, faces charges of attempting to flee after the vessel carrying them illegally docked at [...]
SEOUL, Oct. 2 (Korea Bizwire) –South Korea’s appetite for Japanese beer has seen a remarkable resurgence this year, catapulting Japan back to the summit of beer-importing nations. This marks a significant turnaround since July 2019 when Japan imposed export restrictions on South Korea, causing Japanese beer to lose its top position in the South Korean [...]
SEOUL, Oct. 2 (Korea Bizwire) — North Korea has been ramping up efforts to boost crop production during the fall harvest season amid expectations that the impoverished country’s food shortages have improved, compared with the first half of the year. The Rodong Sinmun, the North’s main newspaper, recently carried a report that a “critical” time [...]