DIRS.INFO The most relevant business & tech news

☆ South Korean president takes up golf again to prepare for Trump’s second term
▼ + stars: | 2024-11-12 | by ( Jessie Yeung | Yoonjung Seo | ) edition.cnn.com time to read: +4 min

Seoul, South Korea CNN —As countries around the globe prepare for a second Trump presidency, one world leader is teeing up a carefully calibrated diplomatic strategy. In South Korea, President Yoon Suk Yeol “recently began practicing golf again for the first time in eight years, in preparation for ‘golf diplomacy’ with President-elect Trump,” the presidential office told CNN on Tuesday. South Korean President Yoon Suk Yeol delivers a speech in Seongnam, South Korea, on October 1, 2024. Another potential headache for Yoon once Trump is in office is the future of the 28,500 US troops in South Korea. The troops serve as both a means to deter any potential attack from North Korea and to counter China’s aggression.

Persons: Yoon Suk, “, Trump, Yoon, Donald Trump, scrutinizing, Japan’s, Shinzo Abe, Kim Hong, Moon Jae, Kim Jong, ”, –, Kim Organizations: South Korea CNN, Trump, CNN, Reuters, South, North Locations: Seoul, South Korea, Trump, Florida , New Jersey, Virginia, Manhattan, Florida, Japan, Seongnam, Korea, North Korea, Russia, Pyongyang, Moscow, Ukraine

But it may allow Russia to reorganize and push forward, and if it works North Korea can send more. Russian Foreign Ministry spokesperson Maria Zakharova said Wednesday that the reports of North Korea sending soldiers to Russia was “fake and hype,” local media reported. "I am very concerned," James Stavridis, a retired U.S. Navy admiral and the former supreme commander of NATO forces, told MSNBC yesterday. And if a North Korean soldier is killed with NATO weapons how does the often unpredictable Kim respond? This week South Korea summoned the Russian ambassador, seeking the “immediate withdrawal” of North Korean troops from Russia.

Persons: Maria Zakharova, James Stavridis, Kim, Georgiy Zinoviev, South, Kim Hong, Putin, Xi, Pezeshkian, Mauro Vieira Organizations: North, Russian Foreign, U.S . Navy, NATO, MSNBC, NBC News Locations: Ukraine, Russia, North Korea, Korea, U.S, Ukrainian, Asia, North Korean, Russian, Seoul, Brazil, Egypt, UAE, India, United States, Kazan

The United States, Ukraine and South Korea say that North Korean troops were dispatched to Russia for training with the aim of being deployed to Ukraine. North Korean leader Kim Jong Un and Russia's President Vladimir Putin after signing a comprehensive strategic partnership in Pyongyang, North Korea on June 19, 2024. “We are developing scenarios to understand the potential impacts North Korea and Russia’s actions could have on us,” the government official said. The arrangement could also help North Korea gain real-world intelligence on the functioning of its weaponry. Soldiers march in a parade for the 70th anniversary of North Korea's founding day in Pyongyang, North Korea, on September 9, 2018.

Persons: Volodymyr Zelensky, ” Zelensky, Inna Varenytsia, Kim Jong, Vladimir Putin, Dmitry Peskov, Peskov, ”, François Walschaerts, Foreign Affairs Kim Hong, Kim Tae, Defense Lloyd Austin, ” Austin, John Kirby, “, Carl Schuster, Ng Han Guan, Kim, Chun, ” Chun Organizations: South Korea CNN, Ukraine, NATO, Korean, CNN, National Intelligence Service, North, Maxar Technologies, Maxar, UN, Foreign Ministry, Getty, Korean First, Foreign Affairs, National Security Office, South, Moscow, Defense, National Security, Pacific Command’s Joint Intelligence Center Locations: Seoul, South Korea, Korea, Ukraine, Europe, United States, Russia, North Korea, Moscow, Pyongyang, Kyiv, Washington, Chasiv Yar, Donetsk region, Koreans, South, Russia’s Far, China, Sergeevka, Russian, Brussels, AFP, South Korean, ” South Korea

☆ Russia's friendship with North Korea may have backfired
▼ + stars: | 2024-10-22 | by ( Tom Porter | ) www.businessinsider.com time to read: +6 min

Kim Jong Un and Vladimir Putin share a toast at a banquet table North Korean State MediaRussia's dangerous new allianceFor decades, South Korea has been in an uneasy standoff with its isolated and authoritarian neighbor, North Korea. AdvertisementRussia formed a new military alliance with North Korea to secure badly needed ammunition from North Korean stockpiles for its faltering campaign in Ukraine. South Korea is increasingly concerned about the technological capabilities and security guarantees North Korea has likely gained from Russia in return. Russia, previously a backer of sanctions designed to curtail North Korea's nuclear program, is now helping North Korea evade them. South Korea says it could arm UkraineIn response to Russia's strengthened relationship with North Korea, South Korea is threatening to arm Ukraine in its battle against the Russian invasion.

Persons: —, Georgiy Zinoviev, Yoon Suk, Zinoviev, Dmitry Peskov, Kim Jong Un, Vladimir Putin, Ellen Kim, Russia's, Joe Biden, Kim Hong Kyun Organizations: Kremlin, Service, Russia, Korean, Korean State Media, Bloomberg, Center for Strategic, International Studies, ROK, South Korea's National Security Council, South, New York Times, Korea's Locations: Korea, North, Russia, Ukraine, North Korea, South Korea, US, Seoul, Asia, East Asia, Moscow, Russian, It's, South

☆ The 2 Koreas are poised for a summer of weird warfare, with poop balloons, blaring K-Pop songs, and floating $1 bills
▼ + stars: | 2024-06-25 | by ( Matthew Loh | ) www.businessinsider.com time to read: +8 min

According to South Korean news agency Yonhap, an estimated 2,000 garbage balloons have been sent over so far. The responding deluge of balloons from North Korea, some carrying manure and used toilet paper, seems to have emboldened the activists. AdvertisementWith the activists appearing to ignore that condition, North Korea's balloon launches resumed. Seoul's military chiefs told South Korean news agency Yonhap that the contents of the latest balloon-lifted bags weren't toxic. North Korea, for its part, has threatened in the past to destroy the speakers with military strikes.

Persons: —, They've, Kim Kang, ED JONES, Park, Kim Jong, Mickey Mouse, Kitty, Pooh, KIM HONG Organizations: Service, South, Business, North, South Korean, Free North Korea Movement, Seoul Shimbun, North Korean, Getty Images, Korean Herald, Korean Unification Ministry South Korean, Police, Samsung, Reuters, JI, Getty, KBS, Associated Press, Inter, Korean Locations: Korea, Seoul, Pyongyang, South Korean, North Korean, South Korea, North Korea, Ganghwa, Kitty, Korean, Kaesong, Paju

☆ Julian Assange ends stalemate with US, exchanging guilty plea to felony charge for his freedom
▼ + stars: | 2024-06-25 | by ( Lauren Said-Moorhouse | Thomas Manglona | ) edition.cnn.com time to read: +15 min

Leon Neal/AFP/Getty Images Assange addresses the Oxford Union Society from the Ecuadorian Embassy in January 2013. David Paul Morris/Bloomberg/Getty Images Assange attends a news conference inside the Ecuadorian Embassy in London in August 2014. FABRICE COFFRINI/AFP/Getty Images Assange, on the balcony of the Ecuadorian Embassy, holds up a United Nations report in February 2016. Carl Court/Getty Images Assange speaks to the media in May 2017, after Swedish prosecutors had dropped their investigation of rape allegations against Assange. Jack Taylor/Getty Images Assange was seen for the first time in months during a hearing via teleconference in Quito, Ecuador, in October 2018.

Persons: Julian Assange, “, ” Assange, Assange, Kim Hong, Ramona Manglona, Chelsea Manning, Jack Taylor, LEON NEAL, BERTIL ERICSON, FABRICE COFFRINI, Carl Court, Geoff Caddick, Oli Scarff, CARL COURT, Leon Neal, Philip Toscano, Ricardo Patino, Frank Augstein, David Paul Morris, John Stillwell, Mike, Pompeo, Maria Sol Borja, Alastair Grant, Daniel Leal, Elizabeth Cook, Anthony Albanese, Joe Biden, ASSANGE, Adrienne Watson, Stella, ”, Gabriel Shipton, he’s, hasn’t, Julian, –, ” Shipton Organizations: Northern Mariana Islands CNN, Northern, Northern Mariana Islands . Justice Department, WikiLeaks, United States, Reuters, Army, Metropolitan Police, US Justice Department, British, Justice Department, Guardian, Getty, Swedish Trade Union Confederation, St, Paul's, Court, Ecuadorian Embassy, Oxford Union Society, Ecuadorian Foreign, Southwest Festival, Bloomberg, United Nations Human Rights, United, United Nations, CIA, CNN, Ecuadorian, Ecuador, Southwark Crown, White, Sweden, National Security, Department of Justice, BBC Radio Locations: Saipan, Northern Mariana, London, United Kingdom, Hawaii, Northern Mariana Islands, Australia, United States, Iraq, Afghanistan, Sweden, Ecuadorian, Ecuador, Westminster, AFP, Stockholm, Geneva, Switzerland, Austin , Texas, United Nations, Quito, Southwark, Baghdad, Guantanamo Bay

☆ Fire at lithium battery factory kills at least 22 in South Korea
▼ + stars: | 2024-06-24 | by ( Gawon Bae | Yoonjung Seo | ) edition.cnn.com time to read: +1 min

Seoul, South Korea CNN —A fire at a lithium battery factory in South Korea Monday killed at least 22 people, most of them foreign nationals, local officials said. It was extinguished around 3:10 p.m, and firefighters were able to enter the factory, said Hwaseong Fire Department official Kim Jin-young in a briefing. Rescue workers recovered a number of burned bodies, Kim said, and one person died due to cardiac arrest. Emergency personnel carry the body of a person killed in a fire at a lithium battery factory owned by South Korean battery maker Aricell on June 24, 2024. South Korean President Yoon Suk Yeol ordered the Interior and Safety Ministry and the head of the fire department to “make all-out efforts” to rescue people by “mobilizing all available personnel and equipment.”Parts of the lithium battery factory were burned following a fire in Hwaseong, South Korea on June 24, 2024.

Persons: Kim Jin, Kim, Kim Hong, Yoon Suk Yeol Organizations: South Korea CNN, Fire Department, South, Reuters, Interior, Safety Ministry Locations: Seoul, South Korea, Hwaseong, Gyeonggi Province, South Korean

☆ Putin to visit Kim in North Korea on June 18-19
▼ + stars: | 2024-06-17 | by ( ) www.cnbc.com time to read: +2 min

Russian President Vladimir Putin (R) and North Korean leader Kim Jong-un (L) visit a construction site of the Angara rocket launch complex on September 13, 2023 in Tsiolkovsky, Russia. North Korean leader Kim Jong-un is in Russia for talks with Russian President Putin. Russian President Vladimir Putin will visit North Korea on Tuesday and Wednesday, the Kremlin said, a rare trip that underscores Moscow's burgeoning partnership with the reclusive nuclear-armed state. North Korean leader Kim Jong Un extended an invitation to Putin during a visit to Russia's Far East last September. Ukrainian officials say they have counted about 50 such missiles delivered to Russia by North Korea.

Persons: Vladimir Putin, Kim Jong, Putin, Kim Jong Un, Kim, Leif, Eric Easley, Kim Hong, Putin's, Kurt Campbell Organizations: Russian, Kremlin, State Affairs of, DPRK, Democratic People's, West, United Nations, Ewha University, U.S, South Korean Locations: Tsiolkovsky, Russia, Russian, North Korea, Russia's, Pyongyang, Democratic People's Republic of Korea, Vietnam, Ukraine, United States, Europe, Asia, Washington, Seoul, Moscow

CNN —Thousands of doctors in South Korea took to the streets of Seoul on Sunday to protest the government’s plans to increase medical school admissions and what they see as a broader lack of support for the country’s medical system. The doctors say the government needs to address a wider range of challenges facing the healthcare system than just the total number of doctors trained per year. Around 8,000 trainee doctors in South Korea began striking on February 21 by submitting their resignation. A doctor writes messages during a rally to protest against government plans to increase medical school admissions in Seoul on Sunday. Compounding the challenge, South Korea has the world’s lowest birth rate, which has been falling continuously since 2015.

Persons: Kim Hong, ’, Yoon Suk Yeol, ”, Jessie Yeung, Yoonjung Seo Organizations: CNN, South, Gallup Locations: South Korea, Seoul

☆ Smartphone makers are dreaming of a 'supercycle' driven by AI. Analysts disagree
▼ + stars: | 2024-02-27 | by ( Ryan Browne | ) www.cnbc.com time to read: +6 min

Samsung has gone big on generative AI with its Galaxy S24 Ultra smartphone. When was the last smartphone supercycle? Smartphone makers have been dreaming of a "supercycle" in their industry, driven by AI, after a bruising few years that saw device sales slow aggressively. 'AI phone era'Major smartphone players are betting that a supercycle is about to happen thanks to AI. "We're right now at the dawning of an entirely new era, an AI phone era," Kitto said.

Persons: Kim Hong, they're, Francisco Jeronimo, Jeronimo, Ben Wood, Wood, James Kitto, Kitto, Brian Rakowski, Rakowski, We've Organizations: Samsung Electronics, Reuters, Reuters BARCELONA –, Samsung, Google, Galaxy, Apple, Financial Times, Mobile, Congress, Huawei, Qualcomm, IDC, Twitter, CNBC, 3G, CCS, Samsung's, Google's, Android Locations: Seoul, South Korea, Reuters BARCELONA, Chertsey , England

☆ A rare North Korean video shows teenagers sentenced to 12 years of hard labor for watching South Korean 'K-dramas'
▼ + stars: | 2024-01-20 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +4 min

A video shows two North Korean teenage boys being sentenced to hard labor for watching K-dramas. AdvertisementRare video footage shows two teenage boys being sentenced to 12 years of hard labor for watching K-dramas, which are South Korean TV shows. In North Korea, viewing or distributing foreign media, especially from South Korea, is considered a serious offense. 🚨🇰🇵RARE FOOTAGE FROM NORTH KOREA: TEENS PUNISHED FOR WATCHING SOUTH KOREAN TVChilling footage from North Korea allegedly shows two teenage boys handcuffed in front of hundreds of students and sentenced to 12 years of hard labor for watching South Korean 'K-dramas.' One North Korean defector told the BBC that punishment is harsher for watching South Korean media compared with other foreign media.

Persons: —, 🚨🇰, CnEO6HL —, sy Organizations: Service, South, BBC Locations: Korean, North Korea, South Korean, South Korea

☆ Former Starbucks barista shares 11 of the best things to order, from secret drinks to desserts
▼ + stars: | 2024-01-10 | by ( Monica Macdonald | ) www.businessinsider.com time to read: 1 min

I really enjoyed working as a Starbucks barista for two years — and the best perk, by far, was getting to taste so many menu items. Kim Hong-Ji/ReutersI really enjoyed working as a Starbucks barista and trying so many menu items. Eventually, I even started to deviate from the standard offerings and customize drinks and desserts, resulting in some new favorites. Because of this, I have plenty of recommendations for anyone looking to change up their go-to order. Here are some of my favorite things to get at Starbucks, plus how to order them.

Persons: Kim Hong Organizations: Reuters, Starbucks

A shopkeeper naps as she waits for customers at a traditional market in Seoul, South Korea, April 7, 2022. REUTERS/Kim Hong-Ji/File Photo Acquire Licensing RightsSEOUL, Dec 5 (Reuters) - South Korea's inflation eased for the first time in four months in November, bringing relief to policymakers worried about persistent inflation risks as they plan to keep their restrictive monetary policy in place for longer. "Compared to core inflation in the U.S. and Europe that seem to be still in the 4% to 5% range, (South Korea's core inflation) seems to be far more stable," said Finance Minister Choo Kyung-ho at a policy meeting in Seoul. "Considering this, we see inflation stabilizing in a steady manner going forward, unless we face some additional external shocks." The Bank of Korea kept interest rates steady at 3.50% last week at its final policy meeting of the year and signalled it may need to keep interest rates higher for longer to head off persistent inflation risks.

Persons: naps, Kim Hong, Choo Kyung, BOK, Jihoon Lee, Chris Reese, Lincoln Organizations: REUTERS, Rights, Reuters Survey, Bank of, Thomson Locations: Seoul, South Korea, Rights SEOUL, U.S, Europe, Bank of Korea

☆ South Korean canine breeders protest dog meat ban
▼ + stars: | 2023-11-30 | by ( ) www.reuters.com time to read: 1 min

[5/10]Share this photoA dog in a cage is pictured during the protest in front of the Presidential Office in Seoul, South Korea, November 30. Dozens of farmers, who had tried to drive into the street in front of the presidential office by truck with dogs in cages that they intended to release at the scene, were turned away by the police who inspected the cargo covered with blankets. REUTERS/Kim Hong-Ji

Persons: Kim Hong, Ji Organizations: Presidential Locations: Seoul, South Korea

REUTERS/Kim Hong-Ji/File Photo Acquire Licensing RightsNov 30 (Reuters) - A look at the day ahead in Asian markets. If this week has so far been strangely listless for Asian markets, that could be about to change suddenly on Thursday as investors brace for a deluge of top-tier economic data and policy events from across the continent. The latest industrial production and retail sales data from both Japan and South Korea are on tap too, all of which could move their respective markets, especially currencies. All else equal, the risks for Asian markets on Thursday may be tilted to the upside, even though stock markets around the world again struggled on Wednesday. South Korea's central bank is expected to keep its base rate on hold at 3.50% and leave it there until at least the middle of next year.

Persons: Kim Hong, That's, Goldman Sachs, Jamie McGeever, Josie Kao Organizations: Korea, South Korean, REUTERS, New Zealand, Bank of Japan, Reserve Bank of New Zealand, Thomson, Reuters Locations: Seoul, South Korea, China, India, Japan, U.S, Korea's, Korea

☆ North Korea, US envoys engage in rare, public sparring match at UN
▼ + stars: | 2023-11-27 | by ( Michelle Nichols | ) www.reuters.com time to read: +3 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. Formally known as the Democratic People's Republic of Korea (DPRK), North Korea has been under U.N. sanctions for its ballistic missile and nuclear programs since 2006. Denuclearization talks between North Korea, South Korea, China, the United States, Russia and Japan stalled in 2009. Kim said that until "the persistent military threat" was eliminated, North Korea would continue to strengthen its capabilities. China and Russia say joint military drills by the United States and South Korea provoke Pyongyang, while Washington accuses Beijing and Moscow of emboldening North Korea by shielding it from more sanctions.

Persons: Kim Hong, Pyongyang's, Linda Thomas, Kim Song, Kim, Thomas, Greenfield, Denuclearization, Kim Jong Un, Donald Trump, Michelle Nichols, Grant McCool, Sandra Maler Organizations: REUTERS, UNITED NATIONS, United Nations, North Korea sparred, Security, North Korean, DPRK, Democratic People's, United, North, . Security, U.S, Thomson Locations: Gijungdong, North Korea, Panmunjom, South Korea, United States, Greenfield, Democratic People's Republic of Korea, DPRK, Pyongyang, U.S, China, Russia, Japan, Korea, Britain, France, Washington, Beijing, Moscow, emboldening North Korea

☆ North Korea scraps military deal with South, vows to deploy new weapons at border
▼ + stars: | 2023-11-22 | by ( Soo-Hyang Choi | ) www.reuters.com time to read: +5 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, February 7, 2023. Russia and North Korea have denied arms deals but have promised deeper cooperation, including on satellites. South Korea resumed the use of crewed and uncrewed reconnaissance aircraft in the border area on Wednesday, Yonhap news agency reported. Critics have said that the pact weakened Seoul's ability to monitor North Korea, and that Pyongyang had violated the agreement. South Korea has said the North Korean satellite was believed to have entered orbit, but it would take time to assess whether it was operating normally.

Persons: Kim Hong, Kim Jong Un, Vladimir Putin, Moon Jae, Moon Chung, Moon, Kim, Critics, Bruce Klingner, Klingner, Soo, hyang Choi, Josh Smith, David Brunnstrom, Sonali Paul, Ed Davies, Gerry Doyle Organizations: REUTERS, Rights, North, ., U.S . Department of State, CMA, ROK, South Korean, Yonsei University, CIA, U.S, Heritage Foundation, North Korean, Thomson Locations: Gijungdong, North Korea, Panmunjom, South Korea, Rights SEOUL, Seoul, Russia, Pyongyang, . North Korea, Korea, Washington

☆ Samsung boss denies wrongdoing as South Korea prosecutors seek jail term over 2015 merger
▼ + stars: | 2023-11-17 | by ( Joyce Lee | ) www.reuters.com time to read: +3 min

SEOUL, Nov 17 (Reuters) - Samsung Electronics (005930.KS) chairman Jay Y. Lee denied wrongdoing on Friday after South Korean prosecutors called for him to be jailed for five years on charges of accounting fraud and stock price manipulation involving an $8 billion merger of Samsung affiliates in 2015. The hearing is the final lower court session before a ruling, scheduled for January 26, ending a trial that has lasted three years. Samsung Electronics Vice Chairman Jay Y. Lee arrives at a court in Seoul, South Korea, October 26, 2021. "I have never had my personal interests in mind in the course of the merger," Lee told the court. Lee was previously convicted of bribing former South Korean President Park Geun-hye and went to jail for a total of 18 months from 2017 to 2021.

Persons: Jay Y, Lee, Kim Hong, Park, hye, Joyce Lee, Miral Fahmy, Mark Potter Organizations: Samsung Electronics, South, Samsung, Seoul Central District Court, Prosecutors, Cheil Industries, REUTERS, Korean, Analysts, South Korean, Thomson Locations: SEOUL, KS, Seoul, South Korea

☆ South Korea court grants ex-Samsung exec bail in industrial espionage case
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +1 min

Employees walk past the logo of Samsung Electronics during a media tour at Samsung Electronics' headquarters in Suwon, South Korea, June 13, 2023. REUTERS/Kim Hong-Ji/File Photo Acquire Licensing RightsSEOUL, Nov 14 (Reuters) - A South Korean court has granted bail to a former executive of Samsung Electronics (005930.KS) accused of stealing sensitive information developed by the technology giant, court records showed on Tuesday. The district court in Suwon, south of Seoul, accepted a bail request for Choi on November 10, court records showed, without providing further details. Lawyers for Choi were not immediately available for comment, but a source close to Choi confirmed he had been released on bail. Samsung Electronics did not immediately provide a comment.

Persons: Kim Hong, Choi Jinseog, Choi, Ed Davies Organizations: Samsung Electronics, REUTERS, Rights, Thomson Locations: Suwon, South Korea, Rights SEOUL, South Korean, China, Seoul, South

☆ K-Pop's Hybe, behind BTS, acquires Latin music label
▼ + stars: | 2023-11-13 | by ( ) www.reuters.com time to read: +1 min

K-pop boy band BTS' goods are seen on display at a cafe in Seoul, South Korea, June 15, 2022. REUTERS/Kim Hong-Ji/File Photo Acquire Licensing RightsSEOUL, Nov 13 (Reuters) - South Korea's largest music label Hybe Co, behind K-Pop supergroup BTS, said on Monday it acquired the music label of Spanish-language media company Exile Content in its first major foray into the Latin music market. Hybe is looking to tap into the rapid growth of the estimated $1.3 billion Latin music market, as it reported a year-on-year growth of 26.4% in 2022 compared to a 9% growth in the global music market according to its statement. K-Pop's biggest global success, BTS, is on temporary break as a group while its members serve out mandatory military service in South Korea. Despite BTS' absence, analysts said K-Pop artists' overall sales volume increased in 2023 compared to the previous year as more bands gained a broader international following.

Persons: Kim Hong, Hybe, Joyce Lee, Sandra Maler Organizations: REUTERS, Rights, America, BTS, Thomson Locations: Seoul, South Korea, Rights SEOUL

☆ 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

[1/2] An employee walks past the logo of LG Energy Solution at its office building in Seoul, South Korea, November 23, 2021. The three companies signed a non-binding agreement in February to form a joint venture to create one of Europe's biggest electric vehicle (EV) battery cell facilities near Turkey's capital Ankara. "Considering the current pace of electric vehicle adoption, the timing is not appropriate for a battery cell investment," Koc Holding said in a statement to the Public Disclosure Platform (KAP). "Ford and Koc Holding will remain committed to support electric vehicle production at Ford Otosan's (FROTO.IS) Kocaeli Plant and will evaluate potential battery cell investments in the future in line with the dynamics of the electric vehicle market," it said. "LG Energy Solution and Ford are working together on a plan to support battery cell production for this EV from LG Energy Solution’s existing operations, extending the companies’ long-standing business relationship," LGES said in a statement.

Persons: Kim Hong, Koc, Ford, LGES, Ebru Tuncay, Heekyong Yang, Huseyin Hayatsever, Chizu Nomiyama, Diane Craft Organizations: LG Energy, REUTERS, Rights, Turkey's Koc, Ford, Koc Holding, General Motors, LG, EV, EVs, Thomson Locations: Seoul, South Korea, Rights ANKARA, SEOUL, Korean, Turkey's, Ankara, China, Europe, United States, Poland, Indonesia, Canada

[1/5] G-dragon of K-pop group BIGBANG arrives at a police station to appear for questioning regarding his alleged illegal drug use in Incheon, South Korea, November 6, 2023. REUTERS/Kim Hong-Ji Acquire Licensing RightsINCHEON, South Korea, Nov 6 (Reuters) - The former frontman for the K-pop band BIGBANG, known as G-Dragon, appeared for police questioning on Monday over allegations of illegal drug use, the latest in a string of South Korean artists embroiled in high-profile narcotics cases. Kwon, 35, stood briefly for the media before entering a police station in Incheon where the star of the Oscar-winning film "Parasite", Lee Sun-kyun, was also questioned over the weekend on a separate allegation of illegal drug use. South Korea has tough drug laws, and crimes are typically punishable by at least six months in prison or up to 14 years for repeat offenders and dealers. Social media and foreign travel have made illegal drugs much more accessible, drug rehab advocates say.

Persons: BIGBANG, Kim Hong, Kwon Ji, Yoon Suk Yeol, Kwon, Oscar, Lee Sun, Lee, Choi Seung, Lee Seung, Dogyun Kim, Jimin Jung, Jack Kim, Ed Davies, Gerry Doyle Organizations: REUTERS, Rights, YG Entertainment, Social, Thomson Locations: Incheon, South Korea, Rights INCHEON, Korean, Korea, T.O.P

☆ South Korea to re-impose stock short-selling ban through June to 'level playing field'
▼ + stars: | 2023-11-05 | by ( Jack Kim | ) www.reuters.com time to read: +2 min

A journalist walks past an electronic board of the Korea Composite Stock Price Index (KOSPI) at the Korea Exchange (KRX) in Seoul, South Korea, January 20, 2016 REUTERS/Kim Hong-Ji/File Photo Acquire Licensing RightsSEOUL, Nov 5 (Reuters) - South Korea from Monday will re-impose a ban on short-selling shares at least until June to promote a "level playing field" for retail and institutional investors, financial authorities said on Sunday. The regulator last week said it would establish a team of investigators to probe short-selling by foreign investment banks for illegal activity including so-called naked short-selling. Naked short-selling - in which an investor short-sells shares without first borrowing them or determining they can be borrowed - is banned in South Korea. Earlier in the year, the regulator fined five foreign firms including Credit Suisse for naked short-selling. Officials and market watchers alike have cited uncertainty around short-selling regulation as among factors needing to be resolved for influential index provider MSCI to upgrade South Korea to developed-market status.

Persons: Kim Hong, Kim Joo, Kim, Jack Kim, Michael Perry, Christopher Cushing Organizations: Korea, Korea Exchange, REUTERS, Rights, Monday, Financial Services Commission, Financial Supervisory Service, Credit Suisse, Thomson Locations: Seoul, South Korea, Rights SEOUL, Hong Kong

☆ Samsung Electronics' Q3 profit falls 78% but chip loss narrows
▼ + stars: | 2023-10-30 | by ( ) www.reuters.com time to read: +1 min

A worker waters a flower bed next to the logo of Samsung Electronics during a media tour at Samsung Electronics' headquarters in Suwon, South Korea, June 13, 2023. The world's biggest maker of memory chips and smartphones said operating profit reached 2.4 trillion won ($1.78 billion) in July-September, versus 10.85 trillion won a year earlier. That was in line with the South Korean manufacturer's own estimate of 2.4 trillion won published earlier this month. Revenue fell 12% to 67.4 trillion won. ($1 = 1,346.5000 won)Reporting by Joyce Lee and Heekyong Yang; Editing by Christopher CushingOur Standards: The Thomson Reuters Trust Principles.

Persons: Kim Hong, 1,346.5000, Joyce Lee, Heekyong Yang, Christopher Cushing Organizations: Samsung Electronics, REUTERS, Rights, South Korean, Revenue, Thomson Locations: Suwon, South Korea, Rights SEOUL, KS

Search resuls for: "Kim Hong"

25 mentions found