S. Korea’s NSC condemns N. Korea’s missile launch ‘provocation’

SEOUL– South Korea’s presidential National Security Council (NSC) on Sunday condemned North Korea’s test-firing of a short-range ballistic missile as a “provocation” that heightened tensions on the Korean Peninsula and the region.   The condemnation came as National Security Adviser Kim Sung-han chaired an emergency meeting shortly after Pyongyang fired the short-range ballistic missile into […]

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S. Korea preparing ‘several’ measures to stabilize financial markets: finance minister

SEOUL– South Korea is preparing “several” steps to stabilize domestic financial markets that have been going through heightened volatility, including the won’s sharp slide against the U.S. dollar, amid worries over global tightening and economic slowdown, Seoul’s top financial and economic policymaker said Sunday.   Finance Minister Choo Kyung-ho still emphasized that there is no […]

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