DIRS.INFO The most relevant business & tech news

Stocks ended Monday little changed as another uptick in interest rates kept investors from making big moves ahead of key U.S. inflation data. March's CPI number is also being closely watched to gauge when the central bank will begin to lower interest rates. The S&P 500 declined nearly 1% during the period, its biggest weekly loss since early January. The market did finish the week on a positive note, however, after a stronger-than-expected jobs report Friday. The surprising gain in payrolls gave investors hope that a strong economy could continue to support corporate earnings growth, even if it means higher interest rates for longer.

Persons: Stocks, Elon Musk, Dow Jones, Matt Rowe, Dow Organizations: New York Stock Exchange, Dow Jones, Nasdaq, Treasury, Federal, Nomura Capital Management Locations: payrolls

☆ How a Dior bag shook South Korean politics
▼ + stars: | 2024-02-09 | by ( Yoonjung Seo | Nectar Gan | ) edition.cnn.com time to read: +15 min

Seoul, South Korea CNN —South Korean President Yoon Suk Yeol is months out from a crucial election seen as a barometer of his mid-term popularity, but surveys show he has a big problem – the latest scandal surrounding his wife. “But with the Dior bag, there is this powerful visual evidence.”South Korean President Yoon Suk Yeol and his wife, Kim Keon Hee, attend an Independence Movement Day event in Seoul on March 1, 2023. The channel also provided Choi with the wristwatch and the Dior bag, according to the pastor. By appearing to not reject the bag, Kim gave ammunition to critics who have long accused her of using her position for personal gain. In a Gallup Korea survey last month, 56% of respondents said Kim should apologize for allegedly receiving the Dior bag.

Persons: Yoon Suk Yeol, Kim Keon Hee, Yoon, Kim, Dior, “, ”, Cho Hee, Jung Yeon, Choi Jae, Choi, Yoon Suk, ” Yoon, Shin Pyeong, ’, Cho, it’s, Hongik University Choi, Kim Yun, Park, hye, Patrick van Katwijk, Marie Antoinette, Han Dong, Han, he’d, Leon Neal, ” Kim, ” Kim Yun, Kyung Hee University “ She’s, Deutsch, Kim’s Organizations: South Korea CNN — South, CNN, Hongik University, “, Getty, of, KBS, Kyung Hee University . South, Gallup Korea, Gallup, Power Party, Democratic Party, PPP, South, Kyung Hee University, Kookmin University, Deutsch Motors, BMW Locations: Seoul, South Korea, American, of Seoul, North Korea, Pyongyang, Netherlands, Gallup Korea, Bali , Indonesia, Korea

☆ North Korea slams US for labelling it as 'persistent threat'
▼ + stars: | 2023-10-03 | by ( Hyunsu Yim | ) www.reuters.com time to read: +2 min

People attend a mass rally denouncing the U.S. in Pyongyang, North Korea, June 25, 2023 in this photo released by North Korea's Korean Central News Agency (KCNA). SOUTH... Acquire Licensing Rights Read moreSEOUL, Oct 4 (Reuters) - North Korea criticised a new U.S. strategy on countering weapons of mass destruction for describing the reclusive state as among those it considers a "persistent threat," KCNA media reported on Wednesday. North Korea last week adopted a constitutional amendment to enshrine its policy on nuclear force, as leader Kim Jong Un pledged to accelerate production of nuclear weapons to deter what he called U.S. provocations, according to state media. Any use of nuclear weapons by Pyongyang will bring the regime to an end, the ministry added, echoing President Yoon Suk Yeol's remark last month. The U.S. Department of Defense's unclassified version of its "2023 Strategy for Countering Weapons of Mass Destruction" said "North Korea, Iran and violent extremist organizations remain persistent threats as they continue to further pursue and develop WMD capabilities".

Persons: KCNA, Kim Jong Un, Yoon Suk, Kim Yung, Hyunsu Yim, Grant McCool, Gerry Doyle Organizations: North, Korean Central News Agency, REUTERS, South, North Korean, U.S . Department, Thomson Locations: Pyongyang, North Korea, SEOUL, U.S, United States, South Korea, North Koreans, Korea, Iran, China, Russia, Germany

☆ South Korea's Yoon tells unification ministry to be less soft on North
▼ + stars: | 2023-07-02 | by ( ) www.reuters.com time to read: +1 min

SEOUL, July 2 (Reuters) - Having appointed a new unification minister days earlier, South Korean President Yoon Suk Yeol said on Sunday that the ministry had focused too much on providing aid for North Korea in the past and needed to change. "The Unification Ministry has been acting like the ministry of North Korea aid and it is wrong," Yoon was quoted as telling staff in a statement issued by his press secretary. "It's time for the unification ministry to change." Yoon also urged the ministry to stand up for liberal democratic values and said unification should bring a "better and more human life" to people in the South and North. In 2019, Kim wrote in an online column that the path to unification would open once North Korean leader Kim Jong Un's "regime is overthrown and North Korea is liberated."

Persons: Yoon Suk Yeol, Kim Yung, Yoon, Kim, Kim Jong, Hyunsu Yim, Simon Cameron, Moore Organizations: Thomson Locations: SEOUL, North Korea, Korea, South, Korean

REUTERS/Kim Hong-Ji/File PhotoSEOUL, June 29 (Reuters) - South Korean President Yoon Suk Yeol on Thursday picked a conservative scholar and an outspoken critic of North Korea's human rights record as the country's new unification minister handling relations with Pyongyang in a cabinet reshuffle. Kim, 63, served as a presidential secretary for unification and a human rights envoy under the conservative Lee Myung-bak and Park Geun-hye administrations. North Korea has long rejected criticism of its rights conditions as part of a plot to overthrow its rulers. Kim is the right person to pursue a "principle-based" and consistent North Korea policy, said Yoon's chief of staff, Kim Dae-ki. The unification ministry's role ranges from cross-border dialogue and exchanges to studying human rights abuses in North Korea and helping defectors resettle in the South.

Persons: Kim Hong, Yoon Suk, Kim Yung, Yoon, Kim, Lee Myung, Kim Jong, Kim Dae, Jang Mi, Soo, hyang Choi, Hyunsu Yim, Jack Kim, Ed Davies, Gerry Doyle Organizations: South, REUTERS, Sungshin Women's University, North, Thomson Locations: Korean, South Korean, Paju, South Korea, SEOUL, Pyongyang, North Korea, North Korean, Korea, United States

Search resuls for: "Kim Yun"

5 mentions found