SEOUL– South Korea will strengthen sanctions against North Korea in cooperation with such other countries as the United States and Japan if Pyongyang carries out another nuclear test or other grave provocations, Seoul’s foreign ministry said Monday. In a report submitted to the National Assembly’s foreign affairs and unification committee, the ministry pointed out … Read more
SEOUL– Seoul shares closed lower on Monday as investors remain concerned that the Federal Reserve may continue its aggressive monetary tightening following a stronger-than-anticipated U.S. jobs report. The Korean won rose against the U.S. dollar. The benchmark Korea Composite Stock Price Index (KOSPI) retreated 15.01 points, or 0.62 percent, to 2,419.32. Trading volume was … Read more
SEOUL– A Seoul Metro official has been under investigation for allegedly disregarding an order from above for subway trains to pass through Itaewon Station on subway Line 6 without stopping on the night of the fatal Halloween crowd crush in late October, police said Monday. The official surnamed Lee, who heads a Seoul Metro … Read more
SEOUL– South Korea and Vietnam agreed Monday to enhance cooperation on supply chains of key minerals and renewable energy, Seoul’s industry ministry said. Industry Minister Lee Chang-yang and his Vietnamese counterpart, Nguyen Hong Dien, signed three memorandums of understanding in Seoul earlier in the day after the summit between President Yoon Suk-yeol and Vietnamese … Read more
SEOUL– Senior military officers of South Korea and the United States held talks in Seoul on Monday to discuss joint efforts to beef up the U.S.’ “extended deterrence” against North Korean threats, Seoul’s Joint Chiefs of Staff (JCS) said. The talks between Maj. Gen. Kim Su-kwang, director of the JCS’ nuclear and weapons of … Read more
SEOUL– North Korea fired some 130 artillery shells into eastern and western maritime “buffer zones” Monday, in what Seoul called a violation of a 2018 bilateral military agreement, amid the South Korea-U.S. live-fire drills in a border region. The Joint Chiefs of Staff (JCS) said that it detected the artillery firings, thought to involve … Read more
SEOUL– President Yoon Suk-yeol and Vietnamese President Nguyen Xuan Phuc agreed to establish a comprehensive, strategic partnership between the two countries during a summit in Seoul on Monday. Phuc arrived in the country the previous day on a three-day state visit marking the 30th anniversary of diplomatic relations this year. “Over the last … Read more
STACK Expands into Osaka SINGAPORE, Dec. 04, 2022 (GLOBE NEWSWIRE) — STACK Infrastructure (“STACK”), the digital infrastructure partner to the world’s most innovative companies and a leading global developer and operator of data centers, and ESR Group Limited (“ESR” or the “Company”, together with its subsidiaries as the “Group”; SEHK Stock Code: 1821), APAC’s largest […]