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☆ Moody's Ratings: We're positive on India's banking system
▼ + stars: | 2024-03-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMoody's Ratings: We're positive on India's banking systemSally Yim of Moody's Ratings explains its negative outlook on China's banking system.

Persons: Sally Yim

☆ Stefan Irvine’s photos capture the Hong Kong villages reclaimed by nature
▼ + stars: | 2024-02-13 | by ( Rebecca Cairns | ) edition.cnn.com time to read: +8 min

Hong Kong CNN —Thick roots tumble across a dilapidated house, the snake-like trunks of a banyan tree framing where the front door once stood. “These villages have existed in Hong Kong for hundreds of years, way before the colonial period,” explained Irvine. In the 1950s and ‘60s, as Hong Kong grew as an industrial hub, many people migrated to the rapidly expanding urban centers for better working opportunities. Stefan Irvine / Courtesy Blue Lotus Gallery, Hong Kong“There were calendars on the wall, school certificates in drawers — it’s quite poignant,” said Irvine. Stefan Irvine / Courtesy Blue Lotus Gallery, Hong KongHeritage valueWhile most of the villages Irvine photographed are abandoned, he was surprised to discover not all were.

Persons: Stefan Irvine, ” Irvine, “ It’s, ”, “, Irvine, Wong Chuk, Lai Chi Wo, they’ll, Tung Ping Chau, Yim Tin Tsai, Luk Keng, Lai, they’ve, Hong, Wo Organizations: Hong Kong CNN, steely, Hong, HK, Irvine, Blue Lotus Locations: Hong Kong, Malaysian, India, Irvine, New Territories, Accounting, Hong Kong’s, London, Tai Peng, Lamma, Lai Chi, Queen's Hill, Fanling, Tung, Shenzhen, China, “, Mau, Lai, Hong

☆ S.Korea Defence Minister Heads to Middle East for Talks, Arms Expo
▼ + stars: | 2024-01-31 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +1 min

SEOUL (Reuters) - South Korea's defence minister Shin Won-sik departs on Thursday for a seven-day trip to the Middle East to hold ministerial talks and attend an arms exhibition in Saudi Arabia, the ministry said. He will also travel to Saudi Arabia on Saturday for the World Defense Show in Riyadh before heading to Qatar to meet Khalid bin Mohammed Al Attiyah, the country's defence minister. South Korea has emerged in recent years as one of the world's biggest arms exporters with sales jumping to $17 billion in 2022 from $7.25 billion the year before, data from the defence ministry showed. The country's arms exports to the Middle East grew nearly tenfold between 2013 and 2022, according to the Korea Chamber of Commerce and Industry. War in Israel and Gaza View All 194 ImagesExperts say arms sales have been buoyed by South Korea's price competitiveness and ability to ensure speedy delivery.

Persons: Shin Won, sik, Shin, Mohammed bin Mubarak Al Mazrouei, Khalid bin Mohammed Al Attiyah, Hyunsu Yim, Ed Davies Organizations: United Arab Emirates, South, Akh Unit, World Defense, Korea Chamber of Commerce, Industry Locations: SEOUL, Saudi Arabia, Riyadh, Qatar, Korea, Israel, Gaza

☆ South Korea Warns Against Social Media Trend of Eating Fried Toothpicks
▼ + stars: | 2024-01-25 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +1 min

By Hyunsu YimSEOUL (Reuters) - A health warning from South Korea's food ministry has urged people not to eat fried toothpicks made of starch in a shape resembling curly fries, after the practice went viral in social media posts. Video clips showing people consuming the deep-fried starch toothpicks with seasoning such as powdered cheese have racked up thousands of likes and shares on TikTok and Instagram. Often used in restaurants in South Korea, they can also be used to pick up finger foods. Online eating shows, called "Mukbang", which often show people eating an excessive amount of food or unusual dishes, are popular in South Korea. "It's very crispy," one TikTok user said in a video, while crunching up fried toothpicks.

Persons: Hyunsu Yim, toothpicks, Ed Davies, Clarence Fernandez Organizations: Ministry of Food and Drug Locations: Hyunsu Yim SEOUL, TikTok, South Korea

☆ North Korea's Kim Warns Failure to Provide Food a 'Serious Political Issue'
▼ + stars: | 2024-01-24 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +2 min

By Hyunsu YimSEOUL (Reuters) - North Korean leader Kim Jong Un has called for ways to be found to improve economic development after saying that a failure to provide people with basic living necessities including food is a "serious political issue", state media reported on Thursday. Kim made the remarks while discussing regional development in a speech at the 19th Enlarged Meeting of the Political Bureau of the 8th Central Committee of the Workers' Party of Korea, the country's ruling party, held between Tuesday and Wednesday, according to KCNA. North Korea has over recent decades suffered serious food shortages, including famine in the 1990s, often exacerbated by natural disasters such as floods damaging harvests. The food situation in North Korea was "still bad" despite an uptick in trade with China, South Korea's unification minister, who is charged with handling relations with its neighbour, said last year. Kim announced the policy at a Supreme People's Assembly meeting held earlier this month.

Persons: Hyunsu Yim, Kim Jong, Kim, Ed Davies, Michael Perry Organizations: Political, 8th Central Committee of, Workers ' Party of Korea, North, Assembly Locations: Hyunsu Yim SEOUL, KCNA, North Korea, China, South, COVID

☆ North Korea Fires Cruise Missiles off West Coast, Seoul Says
▼ + stars: | 2024-01-23 | by ( Jan. | At P.M. | ) www.usnews.com time to read: 1 min

SEOUL (Reuters) - North Korea fired multiple cruise missiles towards the sea off its west coast on Wednesday, South Korea's Joint Chiefs of Staff said. The missiles were fired at around 7 a.m. (2200 GMT on Tuesday) and were being analysed by South Korean and U.S. intelligence, the JCS said in a statement. Further activities by the North were being monitored, the JCS added. Tensions have spiked on the Korean peninsula following intensifying military manoeuvres by the South Korean and U.S. militaries in response to weapons testing by the NorthThe latest firing of missiles comes after Pyongyang said it tested a solid-fuel hypersonic missile with intermediate-range earlier this month in a move that was condemned by the United States, South Korea and Japan. (Reporting by Hyunsu Yim; Editing by Ed Davies)

Persons: Hyunsu Yim, Ed Davies Organizations: Korea's, Chiefs, Staff, South Korean Locations: SEOUL, North Korea, U.S, Pyongyang, United States, South Korea, Japan

☆ Putin Showed Intention to Visit Pyongyang Soon, North Korea Says
▼ + stars: | 2024-01-20 | by ( Jan. | At P.M. | ) www.usnews.com time to read: 1 min

SEOUL (Reuters) - Russian President Vladimir Putin showed his intention to visit Pyongyang soon, North Korea's state media KCNA reported on Sunday. Putin also thanked North Korean leader Kim Jong Un for his invitation to visit as he met North Korean Foreign Minister Choe Son Hui who visited Russia last week, KCNA said citing a foreign ministry official. Russia thanked North Korea for its support and solidarity in the Ukraine war, and the two also expressed serious concerns over provocative acts by the United States and its allies against Pyongyang's sovereign rights while agreeing to cooperate in regional affairs, the report said. The cooperation between Pyongyang and Moscow will be in line with the U.N. Charter and other international laws, it added. (Reporting by Hyunsu Yim; Editing by Chizu Nomiyama)

Persons: Vladimir Putin, Putin, Kim Jong Un, Choe Son Hui, KCNA, Hyunsu Yim, Chizu Nomiyama Organizations: North, North Korean Foreign Locations: SEOUL, Pyongyang, North, Russia, North Korea, Ukraine, United States, Moscow

☆ S.Korea, US and Japan Nuclear Envoys Condemn North Korea Over Arms Trade With Russia
▼ + stars: | 2024-01-18 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +2 min

SEOUL (Reuters) - The nuclear envoys of South Korea, the United States, and Japan condemned North Korea for its recent missile tests, arms trade with Russia and increasingly hostile rhetoric at a meeting in Seoul on Thursday. "The United States is also deeply concerned by the recent uptick in hostile rhetoric particularly toward the Republic of Korea from the DPRK (North Korean) regime," Pak said. The three countries have increased joint efforts to deter North Korea in recent years including trilateral meetings and launching a missile warning data sharing system in December. South Korea on Wednesday announced sanctions on two individuals, three entities and 11 ships linked to North Korea's nuclear and missile programmes, days after North Korea fired a new intermediate-range, solid-fuel hypersonic missile. Japan's envoy, Hiroyuki Namazu, condemning Pyongyang's ballistic missile launch and said there must be close monitoring of what Russia might be providing to North Korea in return for armaments.

Persons: Jung Pak, Pak, Kim Jong, Kim Gunn, Hiroyuki Namazu, Hyunsu Yim, Kevin Liffey Organizations: Ukraine, North, DPRK, Wednesday, Korean, Peace, Security Affairs, South Locations: SEOUL, South Korea, United States, Japan, North Korea, Russia, Seoul, North Koreans, U.S, Republic of Korea, Korea, Pyongyang

☆ North Korea's Kim Calls for South to Be Seen as 'Primary Foe', Warns of War
▼ + stars: | 2024-01-15 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +2 min

Kim said the constitution should be amended to educate North Koreans that South Korea is a "primary foe and invariable principal enemy" and define the North's territory as separate from the South. "We don't want war but we have no intention of avoiding it," Kim was quoted as saying by KCNA. South Korean President Yoon Suk Yeol, at a cabinet meeting, said Pyongyang was being "anti-national" for calling the South a hostile country. Analysts have said North Korea's foreign ministry could take over relations with Seoul, and potentially help justify the use of nuclear weapons against the South in a future war. Ruediger Frank, professor of East Asian Economy and Society at the University of Vienna, said Kim's new policies "will trigger a cascade of changes across inter-Korean relations and regional dynamics".

Persons: Hyunsu Yim, Kim Jong Un, Kim, KCNA, Yoon Suk, Ruediger Frank, Frank, Josh Smith, Lisa Shumaker, Jonathan Oatis Organizations: Supreme, Assembly, North, East Asian, Society, University of Vienna, U.S Locations: Hyunsu Yim SEOUL, Korea, North, Seoul, North Koreans, South Korea, KCNA . North Korea, South, Pyongyang

☆ South Korea flies solid-fuel rocket amid space race with North Korea
▼ + stars: | 2023-12-04 | by ( Hyunsu Yim | ) www.reuters.com time to read: +3 min

[1/4] A solid-fuel space rocket is launched during a test flight over the sea near Jeju Island, South Korea, December 4, 2023. The Defense Ministry/Handout via REUTERS Acquire Licensing RightsSEOUL, Dec 4 (Reuters) - South Korea on Monday successfully conducted a flight of a solid-fuel rocket carrying a satellite over the sea near Jeju Island, the defence ministry said, amid a growing space race with neighbouring North Korea. A SpaceX Falcon 9 rocket carried South Korea's first spy satellite into orbit on Friday from California's Vandenberg Space Force Base. North Korea on Monday denounced what it called Washington's "double standard" over the two Koreas' satellite launches and said such "brigandish" American standards would never be tolerated. A functioning reconnaissance satellite could allow North Korea to remotely monitor U.S., South Korean, and Japanese troops.

Persons: California's, Kim Jong, Hyunsu Yim, hyang Choi, Ed Davies, Gerry Doyle Organizations: The Defense Ministry, REUTERS Acquire, Rights, Agency for Defense Development, Korea's Hanwha, Hanwha Systems, SpaceX, California's Vandenberg Space Force, White House, Pentagon, U.S, Thomson Locations: Jeju, South Korea, Rights SEOUL, North Korea, Pyongyang, United States, Korea, Norfolk , Virginia, South

☆ South Korea's Yoon set to announce cabinet reshuffle -media
▼ + stars: | 2023-12-04 | by ( ) www.reuters.com time to read: +2 min

South Korean President Yoon Suk-yeol gives a speech on the government budget at the National Assembly in Seoul, South Korea, 31 October 2023. JEON HEON-KYUN/Pool via REUTERS/File photo Acquire Licensing RightsSEOUL, Dec 4 (Reuters) - South Korean President Yoon Suk Yeol is likely to announce a major cabinet reshuffle as early as Monday, with as many as 10 ministers including the finance minister set to be replaced, Yonhap news agency reported. The financial regulator head could also be replaced, the Korea Economic Daily reported on Monday, also citing unidentified sources. Some cabinet members are widely expected to stand down to capitalise on their increased profile to run as political candidates. Yoon does not require parliamentary approval to appoint a finance minister, who also serves as deputy prime minister.

Persons: Yoon Suk, JEON HEON, Yonhap, Park, Choo Kyung, Choi Sang, Yoon, Hyunsu Yim, Cynthia Kim, Ed Davies, Christopher Cushing Organizations: South, National Assembly, Rights, Korea Economic, Foreign, Finance, Democratic Party of Korea, Thomson Locations: Seoul, South Korea, Rights SEOUL, Korea, Busan

☆ South Korea's Yoon Set to Announce Cabinet Reshuffle -Media
▼ + stars: | 2023-12-03 | by ( Dec. | At P.M. | ) www.usnews.com time to read: +1 min

SEOUL (Reuters) - South Korean President Yoon Suk Yeol is likely to announce a major cabinet reshuffle as early as Monday, with as many as 10 ministers including the finance minister set to be replaced, Yonhap news agency reported. The transport and labour ministers may also be changed, Yonhap said, citing unidentified sources. The financial regulator head could also be replaced, the Korea Economic Daily reported on Monday, also citing unidentified sources. Some cabinet members are widely expected to stand down to capitalise on their increased profile to run as political candidates. Yoon does not require parliamentary approval to appoint a finance minister, who also serves as deputy prime minister.

Persons: Yoon Suk, Yonhap, Park, Choo Kyung, Choi Sang, Yoon, Hyunsu Yim, Cynthia Kim, Ed Davies, Christopher Cushing Organizations: Korea Economic, Foreign, Finance, Democratic Party of Korea Locations: SEOUL, Korea, Busan

☆ North Korea lashes out at critics, hints at more satellite launches
▼ + stars: | 2023-11-27 | by ( ) www.reuters.com time to read: +1 min

A rocket carrying a spy satellite Malligyong-1 is launched, as North Korean government claims, in a location given as North Gyeongsang Province, North Korea in this handout picture obtained by Reuters on November 21, 2023. KCNA via REUTERS/ File Photo Acquire Licensing RightsSEOUL, Nov 27 (Reuters) - North Korea warned on Monday it would continue to exercise its sovereign rights, including satellite launches, state media KCNA reported, citing the foreign ministry. The report on a statement from a foreign ministry official also criticized a joint statement released by the United States, South Korea and other countries aimed at its recent satellite launch. "It is a legal and just way to exercise its right to defend itself and thoroughly respond to and precisely monitor the serious military action by the U.S. and its followers," the KCNA report said. The United States and nine other countries issued a joint statement last week criticizing North Korea for launching a space booster using ballistic missile technology, calling it a violation of multiple Security Council resolutions.

Persons: Hyunsu Yim, Kim Coghill, Gerry Doyle Organizations: Reuters, KCNA, REUTERS, Rights, U.S, North, Thomson Locations: North Gyeongsang Province, North Korea, Rights SEOUL, United States, South Korea

☆ North Korea Lashes Out at Critics, Hints at More Satellite Launches
▼ + stars: | 2023-11-26 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +1 min

SEOUL (Reuters) - North Korea warned on Monday it would continue to exercise its sovereign rights, including satellite launches, state media KCNA reported, citing the foreign ministry. The report on a statement from a foreign ministry official also criticized a joint statement released by the United States, South Korea and other countries aimed at its recent satellite launch. "It is a legal and just way to exercise its right to defend itself and thoroughly respond to and precisely monitor the serious military action by the U.S. and its followers," the KCNA report said. It also warned of consequences while discussing U.N. security resolutions aimed at the nuclear-armed state. The United States and nine other countries issued a joint statement last week criticizing North Korea for launching a space booster using ballistic missile technology, calling it a violation of multiple Security Council resolutions.

Persons: Hyunsu Yim, Kim Coghill, Gerry Doyle Organizations: U.S, North Locations: SEOUL, North Korea, United States, South Korea

[1/6] A rocket carrying a spy satellite Malligyong-1 is launched, as North Korean government claims, in a location given as North Gyeongsang Province, North Korea in this handout picture obtained by Reuters on November 21, 2023. North Korea said it placed its first spy satellite in orbit on Tuesday and vowed to launch more in the near future. Officials in South Korea and Japan, which first reported the launch, could not immediately verify whether a satellite was in orbit. Russia and North Korea have denied conducting arms deals, but are publicly promising deeper cooperation. South Korea's military said it believed the latest rocket carried a reconnaissance satellite and was launched toward the south.

Persons: Kim Jong Un, Sabrina Singh, Han Duck, Yoon Suk Yeol, Moon Jae, Kim Jong, KCNA, Adrienne Watson, Vladimir Putin, Lee Choon, Hyunsu Yim, hyang Choi, Josh Smith, Ed Davies, Gerry Doyle Organizations: Reuters, KCNA, REUTERS Acquire, Rights, North, Pentagon, South Korean, Korean, National Security Council, South Korea's National Security Council, National Aerospace Technology Administration, . National Security, South Korea's Science, Technology Policy Institute, South, U.S ., Thomson Locations: North Gyeongsang Province, North Korea, Rights SEOUL, South Korea, Pyongyang, United States, North Korean, Japan, U.S, Britain, South, Korea, Russian, Moscow, Russia, Okinawa

☆ North Korea Received Russian Aid for Satellite Launch -South Korea Lawmakers
▼ + stars: | 2023-11-22 | by ( Nov. | At P.M. | ) www.usnews.com time to read: 1 min

SEOUL (Reuters) - North Korea received assistance from Russia for its successful launch of a reconnaissance satellite this week, South Korean lawmakers said on Thursday, citing the country's intelligence agency. North Korea had sent data on launch vehicles used in two failed previous satellite launches, and Russia offered its analysis of the data, Yoo Sang-bum, a member of the parliamentary intelligence committee, told reporters after a briefing by the spy agency. Youn Kun-young, another committee member, said the launch was successful since the satellite entered orbit, and North Korea could launch additional satellites and conduct a nuclear test next year. (Reporting by Hyonhee Shin, Hyunsu Yim and Soo-hyang Choi; Editing by Kim Coghill, Ed Davies)

Persons: Yoo Sang, Youn Kun, Hyonhee Shin, Hyunsu Yim, hyang Choi, Kim Coghill, Ed Davies Locations: SEOUL, North Korea, Russia

North Korea said it placed its first spy satellite in orbit on Tuesday. South Korea's military said North Korea's military reconnaissance satellite was believed to have entered orbit, but it would take time to assess whether it was operating normally. Critics have said the pact weakened South Korea's ability to monitor the North's near the border while North Korea had violated the agreement. South Korea said it was suspending a clause in the agreement and resuming aerial surveillance near the border. North Korea had notified Japan of a satellite launch after two failed attempts to put what it called spy satellites into orbit this year.

Persons: Kim, Kim Jong Un, KCNA, Adrienne Watson, Jonathan McDowell, Shin Won, sik, Kim Jong, Shin, Yoon Suk Yeol, Yoon, Moon Jae, Critics, Carl Vinson, U.N, Antonio Guterres, Vladimir Putin, Hong Min, Hyunsu Yim, hyang Choi, Josh Smith, Hyonhee Shin, Joyce Lee, Liz Lee, Satoshi Sugiyama, Ed Davies, Jack Kim, Gerry Doyle, Alex Richardson, Kim Coghill Organizations: Reuters, KCNA, REUTERS Acquire, North, ., U.S, Andersen Air Force Base, Pentagon, . National Security, Harvard – Smithsonian Center for Astrophysics, U.S . Space Force, South Korea's Defence, National Security, South Korean, Korea's Defence, Korea Institute for National Unification, South, U.S ., Thomson Locations: North Gyeongsang Province, North Korea, Korea, South Korea, SEOUL, United States, . North Korea, Pyongyang, Pacific, Guam, U.S, South, Britain, North, Santa Fe, Korean, Japan, China, North Korea's, RUSSIA, Russian, Russia, Minwoo, Seoul, Beijing, Tokyo

☆ US aircraft carrier Carl Vinson arrives in South Korea port
▼ + stars: | 2023-11-21 | by ( ) www.reuters.com time to read: +1 min

Fighter jets sit on the U.S. aircraft carrier USS Carl Vinson as it arrives at a port in Busan, South Korea, November 21, 2023. Yonhap via REUTERS Acquire Licensing RightsSEOUL, Nov 21 (Reuters) - The U.S. aircraft carrier Carl Vinson arrived at a port in the South Korean city of Busan on Tuesday, in a show of extended deterrence against North Korea's nuclear and missile programs, South Korea's navy said. The arrival comes as North Korea plans to launch a rocket carrying a space satellite between Nov. 22 and Dec. 1 in the direction of the Yellow Sea and East China Sea, according to Japan's Coast Guard,It would mark a third attempt by the nuclear-armed North this year to put a spy satellite into orbit. In a statement, South Korean Rear Admiral Kim Ji-hoon said the arrival of the Carl Vinson showed a "strong combined defence posture and a determined willingness to respond to North Korea's advancing nuclear and missile threats" by the South Korea-U.S. alliance. Reporting by Hyunsu Yim Editing by Ed DaviesOur Standards: The Thomson Reuters Trust Principles.

Persons: Carl Vinson, Kim Ji, hoon, Hyunsu Yim, Ed Davies Organizations: U.S, aircraft, Yonhap, REUTERS Acquire, Rights, Japan's Coast Guard, South, Thomson Locations: Busan, South Korea, Rights SEOUL, U.S, Korean, North Korea, East China

[1/6] A Russian delegation led by Alexander Kozlov, the minister of natural resources, presents flower baskets to the statues of North Korea's founder Kim Il Sung and late leader Kim Jong Il at Mansudae Hill, in Pyongyang, North Korea, November 14, 2023. Russia and North Korea were conducting talks on the economy, science and technology, KCNA state media reported, without elaborating. North Korea's missile programme, as well as its nuclear weapons, have been banned by U.N. Security Council resolutions, which imposed sanctions on the country. Washington has accused North Korea of supplying military equipment to Russia for use in its war with Ukraine, and Moscow of providing technical military support to help North Korea. North Korea and Russia have denied any arms deals, though their leaders pledged closer military cooperation at their September summit.

Persons: Alexander Kozlov, North, Kim Il Sung, Kim Jong Il, Kozlov, Lloyd Austin, Vladimir Putin, Kim Jong Un, KCNA, Hyunsu Yim, Josh Smith, Grant McCool, Gerry Doyle Organizations: Russian, KCNA, REUTERS Acquire, Rights, . Defense, North, St, U.S, Korea's General Missile Bureau, Military, U.N ., Thomson Locations: Mansudae, Pyongyang, North Korea, Rights SEOUL, North Korean, Seoul, China, Russia, Russian, Russia's, Petersburg, Korea, South, Washington, Ukraine, Moscow

[1/2] US Secretary of Defense Lloyd Austin and South Korean Defence Minister Shin Won-sik attend a welcome ceremony before their annual security meeting at the Defence Ministry in Seoul, South Korea on November 13, 2023. JUNG YEON-JE/Pool via REUTERS Acquire Licensing RightsSEOUL, Nov 13 (Reuters) - South Korea and the United States have revised a bilateral security agreement aimed at deterring North Korea's advancing nuclear and missile threats during talks on Monday, South Korea's defence ministry said. The Tailored Deterrence Strategy (TDS) is aimed at countering the threat of North Korea's nuclear weapons and other armaments, according to an announcement on the agreement by the two countries 10 years ago. The revision was considered necessary because the existing strategy did not adequately address the rapid advancements in North Korea's missile and nuclear threats, it said. Earlier, South Korea's defence ministry said Shin and Austin would discuss jointly countering threats by North Korea, including through executing an "extended deterrence" strategy.

Persons: Defense Lloyd Austin, South Korean Defence Minister Shin Won, sik, JUNG YEON, Shin Won, Lloyd Austin, Shin, Austin, Phil Stewart, Hyunsu Yim, Jack Kim, Ed Davies, Gerry Doyle Organizations: Defense, South Korean Defence Minister, Defence Ministry, REUTERS Acquire, Rights, Korea's Defence, U.S ., The Defence Ministry, Thomson Locations: Seoul, South Korea, Rights SEOUL, United States, North Korea, United, Korea

JUNG YEON-JE/Pool via REUTERS Acquire Licensing RightsSEOUL, Nov 13 (Reuters) - U.S. Defense Secretary Lloyd Austin on Monday left open the possibility of more strikes against Iran-linked groups if attacks against American forces in Iraq and Syria don't stop, hours after overnight U.S. air strikes in Syria. "These attacks must stop, and if they don't stop, then we won't hesitate to do what's necessary, again, to protect the troops," Austin told reporters at a news conference in Seoul. Austin said the latest air strikes in eastern Syria targeted facilities used by Iran's Revolutionary Guard Corps and related groups. "These strikes are intended to disrupt and degrade the freedom of action of these groups, which are directly responsible for attacks against U.S. forces in Iraq and Syria," Austin said. It was still unclear whether anyone was killed in the latest U.S. strikes in Syria.

Persons: Defense Lloyd Austin, South Korean Defence Minister Shin Won, sik, JUNG YEON, Lloyd Austin, Albu Kamal, Austin, Phil Stewart, Ed Davies, Gerry Doyle Organizations: Defense, South Korean Defence Minister, Defence Ministry, REUTERS Acquire, Rights, . Defense, American, U.S, Iran's Revolutionary Guard Corps, United, Reuters, Thomson Locations: Seoul, South Korea, Rights SEOUL, Iran, Iraq, Syria, The U.S, Albu, Mayadeen, Israel, U.S, United States, State, East

☆ North Korea lashes out at U.N. Command over meeting in Seoul
▼ + stars: | 2023-11-12 | by ( ) www.reuters.com time to read: +2 min

A North Korean flag flutters at the propaganda village of Gijungdong in North Korea, in this picture taken near the truce village of Panmunjom inside the demilitarized zone (DMZ) separating the two Koreas, South Korea, July 19, 2022. REUTERS/Kim Hong-Ji/Pool/File Photo Acquire Licensing RightsSEOUL, Nov 13 (Reuters) - North Korea on Monday called for the United Nations Command to be dissolved calling it an "illegal war organization" over a meeting which is scheduled to take place between the member states in South Korea later this week, state media KCNA reported. The DPRK stands for North Korea's official name, the Democratic People's Republic of Korea. North Korea's criticism comes a day after U.S. Defence Secretary Lloyd Austin met his South Korean counterpart Shin Won-sik in Seoul on Sunday with Japanese Defence Minister Minoru Kihara for a trilateral meeting. They agreed to start as planned a real-time data sharing scheme on North Korean missiles in December and condemned growing military cooperation between North Korea and Russia as a violation of U.N. resolutions during the meeting.

Persons: Kim Hong, Lloyd Austin, Shin Won, Minoru Kihara, Hyunsu Yim, Sandra Maler Organizations: REUTERS, Rights, United Nations Command, UNC, Command, Institute for Disarmament, Peace, DPRK Foreign Ministry, DPRK, North, Democratic People's, U.S . Defence, South Korean, Japanese, Korean, Thomson Locations: Gijungdong, North Korea, Panmunjom, South Korea, Rights SEOUL, U.S, Seoul, Pyongyang, Democratic People's Republic of Korea, Russia

☆ North Korea media urges stronger nuclear force after U.S. missile test
▼ + stars: | 2023-11-03 | by ( Hyunsu Yim | ) www.reuters.com time to read: +3 min

A North Korean military commentator said despite the failure of the test, the presence of South Korean "puppet military gangsters" showed that U.S. nuclear weapons were targeted at North Korea. The commentary also criticised the U.S. and South Korea for various recent military steps including the deployment of U.S. nuclear strategic bombers to South Korea. The U.S. and South Korea also held air exercises involving 130 warplanes from both countries to simulate 24-hour wartime operations last month. South Korea and the United States say their exercises are aimed at maintaining combat readiness to respond to North Korea. North Korea denounces the exercises as preparations by the United States and its South Korean ally to invade it.

Persons: Kim, Hyunsu Yim, Hyonhee Shin, Robert Birsel Organizations: Minuteman, Daylight, Vandenberg Air Force Base, REUTERS Acquire, Rights, U.S, U.S . Air Force, South, North, Democratic People's, DPRK, Korea's Unification Ministry, Thomson Locations: California, U.S, Rights SEOUL, North Korea, United States, Korean, Democratic People's Republic of Korea, South Korea, North, Korea, Japan

Analysts said, however, that Asiana's greenlighting of the cargo unit sale did not necessarily ensure smooth sailing ahead for the deal. They noted the desired valuation for the air cargo unit of some 700 billion won ($520 million) including debt, as reported by local media, was probably too high. Approving the sale was a contentious issue at Asiana amid concerns that a takeover by Korean Air would lead to the loss of many Asiana jobs. Korean Air also said it will buy 300 billion won of convertible bonds issued by Asiana, part of fresh financial support to the smaller airline. The company accounts for about a fifth of South Korea's market for overseas air cargo.

Persons: Bae, Asiana, IAG, 1,342.9900, Joyce Lee, Heekyong Yang, Hyunsu Yim, Edwina Gibbs Organizations: Asiana Airlines, Korean Air Lines, Korean Air, country's, European, Analysts, Hi Investment, Securities, European Union, European Commission, Air, Lufthansa, ITA Airways, British Airways, Spanish, Korea Development Bank, Asiana, Thomson Locations: SEOUL, KS, Korean, Union, United States, Japan, Asiana, Iberia, Germany, Russia

☆ South Korea, U.S. mark alliance with rap song, fashion and beer
▼ + stars: | 2023-11-02 | by ( Hyunsu Yim | ) www.reuters.com time to read: +3 min

[1/3] A banner commemorating the 70th anniversary of the ROK-U.S. alliance hangs at the U.S. Embassy in Seoul, South Korea, October 24, 2023. The information campaign is intended to "heighten the public's understanding of the South Korea-US alliance", the culture ministry told Reuters. The South Korean embassy in the United States staged a fashion show last month marking the anniversary, with models in traditional Korean dresses featuring South Korean and U.S. flags. SOFT POWERSouth Korea's showcasing of its U.S. ties comes after rival North Korea has been making much of its relations with its old partner, Russia. Lee Gyu-tag, an associate professor of global affairs at George Mason University Korea, said South Korea was trying to tap into pop culture to bolster support for the alliance but it risked a backlash.

Persons: Kim Soo, Donald Trump, Yoon Suk Yeol, Joe Biden, Kim Jong Il, Vladimir Putin, Lee Gyu, Lee, Hyunsu Yim, Robert Birsel Organizations: ROK, U.S, Embassy, REUTERS, Rights, South, Reuters, Korean, . U.S, George Mason University Korea, Gallup, Thomson Locations: Seoul, South Korea, Rights SEOUL, North Korea, U.S, South Korean, United States, Korea, Russia, South, Ukraine, ., Gallup Korea

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