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☆ I was at the protests in Seoul last night against martial law. Here's what I saw.
▼ + stars: | 2024-12-04 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

Park joined the protests in Seoul after South Korea's president abruptly declared martial law. He arrived at the National Assembly building at around 11:45 pm and stayed until the next morning. Park participated in the protests against martial law outside South Korea's National Assembly building on Tuesday night. You could also get arrested since protests are illegal under martial law. Both of my parents lived through martial law when they were young.

Persons: Andrew Minjun Park, Yoon Suk Yeol, Yoon, Andrew Minjun, Cheers Organizations: Seoul National University . Park, National Assembly, South, South Korea's National, YouTube, South Korean Presidential, Getty Locations: Seoul, South, South Korea's, South Korea, North Korea

☆ Seoul's $322 million gambit to save the city from crushing loneliness won't fix the source of its problems
▼ + stars: | 2024-12-02 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +7 min

The city glitters, but there's a reason the locals call South Korea "Hell Joseon." Lonely deaths in South Korea increased from 3,378 in 2021 to 3,661 in 2023, per the South Korean Ministry of Health and Welfare's data. "'Seoul Without Loneliness' is a bold challenge for the city and not an easy path to take," the representative said. In 2023, South Korea recorded a suicide rate of 27.3 out of 100,000 people, the highest rate among OECD countries like the US, UK, and Japan. Kee Hong Choi, a psychology professor at Korea University, said that his country's education system needs to be "changed dramatically" to become less competitive.

Persons: hoon, Family, it's, Eva Chen, Chen, Kee Hong Choi, Choi, Sohyun Kim, Kim, Korea University's Choi, Hua University's Chen Organizations: Korea Institute for Health, Social Affairs, South Korean Ministry of Health, Korean, Business, Seoul Metropolitan Government, country's Ministry, National University of Singapore, Tsing Hua University, South Korea's National Statistics Office, Korea University, Hua Locations: Seoul, South Korea, Korea, South, Japan, That's

☆ South Korea says K-pop stars aren't classed as workers and don't get labor rights
▼ + stars: | 2024-11-21 | by ( Hannah Abraham | ) www.businessinsider.com time to read: +3 min

It said that member Hanni was not legally classified as a worker under her contract. South Korea's government on Wednesday dismissed a workplace harassment case involving K-pop star Hanni, saying the singer was not legally classified as a worker. The push and pull between what counts as work in South Korea's entertainment industry has stretched on for years. The Ministry's ruling on South Korea's musician rights is similar to the situation in the US. Representatives for HYBE and the South Korean Labor Ministry did not immediately respond to a request for comment from BI.

Persons: Hanni, Hybe, HANNI, Cho Dae Won, Dae Won, NewJeans, Calvin Klein Organizations: Wednesday, South Korea's National Assembly, Ministry, Employment, Labor, Act, Korea Herald, Nike, Forbes, NME, LA Times, National Labor Relations, Representatives, HYBE, South Korean Labor Ministry Locations: Korea, South, South Korea's, North Korea, Forbes Korea

☆ A former North Korean special-forces soldier said Kim Jong Un's elite 'Storm Corps' in Russia likely isn't his A-team
▼ + stars: | 2024-11-11 | by ( Matthew Loh | ) www.businessinsider.com time to read: +5 min

As questions arise over the quality of Kim Jong Un's troops in Russia, a former soldier who served in North Korea's special forces said they're likely the country's elite troops. North Korea's leader, Kim Jong Un, at a March military demonstration in North Korea. AdvertisementDuring a September visit to a training base, Kim lauded the division's members as each being worth 100 typical North Korean soldiers. AdvertisementThat comes as South Korea has become home to one of the world's fastest-growing defense industries in recent years. Correction: November 11, 2024 — An earlier version of this story misstated the country in which videos appear to show North Korean troops.

Persons: Kim Jong, they're, Lee Woong, gil, Kim Jong Un, REUTERS Lee, Kim, Lee, There's, James JB, Insider's Mia Jankowicz, South Korea Kovalenko Organizations: Storm Corps, Korea Times, KCNA, REUTERS, The Korea Times, Associated Press, North, Korea's Defense Ministry, Wall Street, Ukraine's Center, South Korea's National Intelligence Service, National Intelligence Service, South, Kremlin Locations: Russia, North Korea, North, South Korea, Seoul, Washington, Kyiv, Ukraine's, Ukraine, Kursk, Korean, South

☆ I'm an American who's lived in South Korea for 10 years. Here are 9 things I don't miss about the US.
▼ + stars: | 2024-10-31 | by ( Krissi Driver | ) www.businessinsider.com time to read: +9 min

I moved from the US to South Korea in 2013, and there are some things I don't miss about America. Here are nine things I don't miss about living in the US. There's a large US military presence in South Korea, and many Americans have brought their tipping habits with them overseas. For example, in South Korea, I've seen candidates ride around in the bed of a truck blasting their campaign theme song. When I travel outside South Korea, I'm often stunned by the slow internet speeds and spotty public WiFi.

Persons: —, I'm, I've, it's, I'd Organizations: Service, Korea, Korea's Locations: South Korea, Portland , Oregon, Daegu, North Korea, There's, Denver, Portland, Seoul, Busan, Korea

☆ Russia can't sustain its attack on Ukraine without North Korean troops, NATO chief says
▼ + stars: | 2024-10-28 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +2 min

Ukraine has said it expects to encounter North Korean troops on the battlefield within days. AdvertisementNATO's chief said Russia can't sustain its invasion of Ukraine without North Korean troops. Mark Rutte said at a press conference on Monday that North Korean troops were deployed to Russia's Kursk region, where Ukraine occupies territory. Ukrainian President Volodymyr Zelenskyy said over the weekend that he was expecting to see North Korean troops in battle within days. For his part, Putin last Friday seemed unmoved by external criticism, saying whether Russia deploys North Korean troops is Russia's "sovereign decision."

Persons: Mark Rutte, Putin, —, Vladimir Putin, Volodymyr Zelenskyy, Zelenskyy, Rutte Organizations: NATO, Russia, Service, North, South Korea's National Intelligence Service, Ukraine Locations: North Korea, Ukraine, Korean, Russia, Russia's Kursk, South, Korea, South Korea

☆ Zelenskyy says Ukraine will be forced to fight against North Korea as he calls on allies to increase pressure on Russia
▼ + stars: | 2024-10-27 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +2 min

Ukrainian President Volodymyr Zelenskyy has said Ukraine will be forced to fight against North Korean troops. Ukraine previously warned that North Korean troops could be on the battlefield from Sunday. AdvertisementUkrainian President Volodymyr Zelenskyy has said that Ukraine will be forced to fight against North Korean troops should they enter the conflict. In an evening address posted on Telegram, Zelenskyy said North Korean forces could appear on the battlefield "any day now." The US and NATO both later confirmed that they had evidence of North Korean troops in Russia.

Persons: Volodymyr Zelenskyy, Zelenskky, —, Zelenskyy, Putin, Vladimir Putin's, John Kirby, Kirby, Mark Rutte Organizations: North, Service, South Korea's National Intelligence Service, NATO, Ukraine, South Locations: Ukraine, Korean, North Korea, Europe, Russia, South Korean

☆ If South Korea decides to get involved in Ukraine, it has powerful options
▼ + stars: | 2024-10-25 | by ( Tom Porter | ) www.businessinsider.com time to read: +6 min

But South Korea remains wary of getting involved in the Ukraine war. GAVRIIL GRIGOROV via Getty ImagesSouth Korea hesitatesSignificant obstacles stand in the way of South Korea arming Ukraine, though. Chan said South Korea's President Yoon Suk-yeol was domestically unpopular and would encounter difficulties repealing the law via South Korea's center-left-dominated National Assembly. AdvertisementBut the escalating alliance between Russia and North Korea may soon reach a point where South Korea feels it needs to act. Because of Russia's increasing reliance on North Korea, Kim finds himself in a powerful position to negotiate sophisticated technology in return.

Persons: —, Yonhap, Jeremy Chan, Chan, Ellen Kim, Kim, Lloyd Austin, Kim Jong, Russia's Vladimir Putin, GAVRIIL GRIGOROV, Yoon Suk, yeol, Kim Jong Un, Joon Cho, Yoon, Sean McFate Organizations: Russia, Service, Security Council, South, Eurasia Group, Center for Strategic, International Studies, North, US, Getty Images, National, National Assembly, Kremlin, Georgetown University Locations: Korea, Ukraine, South Korea, North Korea, Russia, Seoul, Korean, China, Asia, Poland, Washington ,, Kyiv, Pyongyang, South Korea's, South, Moscow

☆ 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

☆ North Korea sending troops into Ukraine could supercharge an already-close partnership with Russia
▼ + stars: | 2024-10-22 | by ( Mia Jankowicz | Hannah Abraham | ) www.businessinsider.com time to read: +7 min

South Korea says 1,500 North Korean troops have been sent to aid Russia in its war in Ukraine. They also said that North Korean troops could find themselves little more than cannon fodder. Other experts said North Korean troops would experience the roughest end of Russia's notoriously brutal military hierarchy, which marks some as expendable. "The grim reality is that the North Korean troops will likely simply be cannon fodder for Russia," said Edward Howell, a North Korea expert at the University of Oxford. AdvertisementHoare also pointed to the risk of North Korean troops defecting, which would loom over any deployment.

Persons: —, Volodymyr Zelenskyy, Joseph S, Bermudez Jr, Bermudez, Cannon, Kim Jong, National Intelligence Service Bermudez, Edward Howell, Jim Hoare, Hoare, Suspilne, Kim Jong Un, Vladimir Putin, Kristina Kormilitsyna, Howell Organizations: North, Service, Korea's National Intelligence Service, National Intelligence Service, South, Associated Press, CNN, Center for International, Strategic Studies, North Korean, University of Oxford, BI, The Times, DPRK Locations: Korea, Russia, Ukraine, North, North Korea, Pyongyang, Korean, Russian, South Korea, Seoul, Ukrainian, Koreans, Ussuriysk, South, London, Sputnik

☆ Video appears to show North Korean soldiers gearing up for Ukraine war at a Russian military training base
▼ + stars: | 2024-10-19 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +3 min

Ukraine has released a video it says shows North Korean troops in Russia. AdvertisementA new video released by the Ukrainian government's Center for Strategic Communication and Information Security appears to show North Korean soldiers at a Russian military base. Exclusive - Newly obtained footage from Russia's Sergievsky Training Ground showing North Korean troops being outfitted in Russian gear in preparation for deployment to Ukraine. AdvertisementThe NIS said that North Korean soldiers were being transported from the North on Russian navy ships and that around 1,500 North Korean special forces troops were already in Russia. Should North Korean troops' involvement in the conflict be confirmed, it would mark North Korea's first major involvement in a war since the Korean War in 1950-1953.

Persons: —, Volodymyr Zelenskyy, We've, Mark Rutte, Rutte, Pat Ryder Organizations: Ukrainian government's Center, Strategic Communication, Information Security, Service, South Korea's National Intelligence Service, Korean, NATO, Ukraine, Pentagon Locations: Ukraine, Russia, Russian, Korea, Brussels, North Korea

☆ Satellite images show North Korean special forces sent to Russia disguised as Russian soldiers with fake IDs, South Korean spies say
▼ + stars: | 2024-10-18 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

North Korea has sent 1,500 special forces troops to Russia, according to South Korea's spy agency. Satellite images published by Seoul are said to show the North Korean special forces at bases in eastern Russia. The NIS said that North Korean military officers visited missile launch sites near the war's front lines in August. A Pentagon spokesperson said he's seen reports about North Korean forces deploying to the war but can't confirm or corroborate them. Beyond North Korea, Russia has also turned to fellow pariah state Iran for military assistance during the Ukraine war.

Persons: —, they're, he's, Pat Ryder, you've, Kim Jong Un Organizations: Korean, Service, Korea's National Intelligence Service, Moscow, NIS, North Korean, National Intelligence Service, National Intelligence, Pentagon, North Korea . National Intelligence Locations: Korea, Russia, South, Ukraine, Seoul, North Korea, Pyongyang, South Korea, Siberia, Russian, Ussuriysk, Khabarovsk, Moscow, Kyiv, Iran, Tehran

☆ North Korea to send thousands of troops to aid Russian forces in Ukraine war, South Korea's spy agency says
▼ + stars: | 2024-10-18 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +3 min

North Korea is set to send thousands of troops to aid Russia in the Ukraine war, South Korea's spy agency has said. South Korea's National Intelligence Service made the announcement on Friday, Yonhap news agency reported. AdvertisementNorth Korea is set to send thousands of troops to aid Russia in its war in Ukraine, South Korea's spy agency has said, per Yonhap news agency. If confirmed, it would be the North's first major involvement in a war since the Korean War in 1950-1953. Business Insider has contacted South Korea's Ministry of National Defense, NATO, and the UK Ministry of Defence for comment.

Persons: —, Volodymyr Zelenskyy, We've, Zelenskyy, Pat Ryder, Ryder, Mark Rutte Organizations: Korea's National Intelligence Service, Korean, Service, Pentagon, NATO, Business, South Korea's Ministry of National Defense, UK Ministry of Defence Locations: Korea, Russia, Ukraine, South, North Korea

☆ A North Korean defector was made a minister in South Korea, likely irking Kim Jong Un, experts say
▼ + stars: | 2024-07-18 | by ( Joshua Nelken-Zitser | ) www.businessinsider.com time to read: +3 min

Tae made a high-profile defection to South Korea in 2016, and was previously an ambassador at the North Korean Embassy in London. The appointment makes him the first North Korean defector to be given a vice-ministerial job in South Korea, according to AP. Related stories"He's definitely considered a traitor of the current North Korean regime and I think that's how they'll paint it," she said. But "North Korea doesn't consider the Council to be particularly relevant," Pardo, the KF-VUB Korea Chair, told BI. Smith added: "He has been and will continue to be actively involved in campaigns that expose the North Korean government and the problems of the North Korean population."

Persons: —, Yoon Suk, Yongho, Tae, Ramon Pacheco Pardo, Sarah A ., Kim Jong, He's, Pardo, Hazel Smith, Smith, It's Organizations: Service, Korea, Advisory Council, North Korean Embassy, Business, North, KF, VUB, Brussels School, Governance, Vrije Universiteit Brussel, National Assembly, CNN, Korean Studies, University of Sheffield, South Korea's National Assembly, Korea doesn't, SOAS University of London, South Korean, Korean Locations: North Korean, South Korea, London, VUB Korea, Vrije, North, Korea, North Korea

☆ South Korea plant fire kills 22 people after lithium battery combustion
▼ + stars: | 2024-06-24 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +2 min

Emergency vehicles are parked next to the site of a fire at a lithium battery factory owned by South Korean battery maker Aricell in Hwaseong on June 24, 2024. At least twenty-two people died after lithium battery combustion ignited a massive fire in a South Korean factory, local officials said, according to NBC News. The blaze erupted at the Aricell battery factory in Hwaseong, a city south of Seoul, around 10:31 a.m. local time, officials said. The plant housed an estimated 35,000 batteries, NBC said. The factory was a reinforced concrete three-story building that sprawled over roughly 2,300 square meters and housed an estimated 35,000 batteries, according to South Korean news agency Yonhap.

Persons: Kim Jin, Young, Lee Sang, Yoon Suk, yeol Organizations: South, NBC News, Reuters, Authorities, CNBC, NBC, Hwasong Fire Department, Associated Press, Fire Agency, Korea's, Central Disaster, Headquarters, South Korean Ministry of Public Administration, Security Locations: South Korean, Hwaseong, Seoul, South

☆ Signs of Rare Unrest Among North Korean Workers in China, Researchers Say
▼ + stars: | 2024-02-08 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +5 min

By Ju-min ParkSEOUL (Reuters) - South Korea's intelligence agency says poor conditions for North Koreans working overseas have led to "incidents and accidents", while researchers report rare protests and unrest in China among workers from a North Korean military-linked trading company. Fed up with unpaid wages and lingering pandemic lockdowns, as many as 3,000 North Korean workers in China staged protests last month, according to two South Korean government-affiliated researchers, including a former North Korean diplomat. The North Korean embassy in Beijing and its consular office in the Chinese border city of Dandong did not respond to calls from Reuters seeking comment. South Korea's unification ministry said in a report last year that China and Russia were hosting North Korean workers despite the sanctions. That's not easy now, given the North Korean regime wants to keep them in China to raise money for the government."

Persons: Cho Han, Cho, Ko Young, Ko, Jimin Jung, Josh Smith, Eduardo Baptista, Antoni Slodkowski, Laurie Chen, Gerry Doyle Organizations: North, . State, Korea Institute for National, South, Korea's National Intelligence Service, Security, Koreans, U.S . State Department, NIS Locations: SEOUL, China, North Korean, Beijing, Dandong, North Koreans, North Korea, Pyongyang, Korean, Helong, Jilin province, Jilin, Russia, Seoul

☆ North Korean special economic zone poised for revival in new Russia trade
▼ + stars: | 2023-11-29 | by ( Ju-Min Park | ) www.reuters.com time to read: +6 min

China accounted for 97% of North Korea's overall trade in 2022, according to South Korea's Korea Trade Investment Promotion Agency (KOTRA). But Russia resumed oil exports to North Korea in December 2022 and had exported 67,300 barrels of refined petroleum to North Korea by April, United Nations data shows, the first such shipments reported since 2020. "Assuming North Korea and Russia's honeymoon period becomes a long one, North Korea could get Russian support on food, energy and infrastructure through Rason," Cho said. Those ships are suspected of military supplies from North Korea to Russia, the reports said. From Rason's port, North Korea has sent Russia an estimated 2,000 containers suspected of carrying artillery shells, and possibly short-range missiles, South Korean military officials have told reporters.

Persons: Rason, Jeong Eunlee, Jeong, Lee Chan, Cho Sung, Cho, Alexander Kozlov, Chung Songhak, Chung, Kim Jong Un, Kozlov, Kim Il Sung, Abraham Choi, Choi, Rason . Lee, Lee, Josh Smith, Gleb Stolyarov, Gerry Doyle Organizations: North, South, Korea Institute for National Unification, Russian Federal Customs Service, South Korea's Korea Trade Investment Promotion Agency, United, Teikyo University, North Korean, Korean, Kremlin, Korea Institute for Security, South Korea's National Institute for Unification Education, Thomson Locations: SEOUL, Korean, Russia, Ukraine, China, North Korea, Rason, Korea, South Korea’s, Russian, South Korea's Korea, United Nations, Tokyo, South Korean, Pyongyang, Rason's, Soviet, North, South

☆ Military agreement fractures as tensions rise with North Korea
▼ + stars: | 2023-11-22 | by ( ) www.reuters.com time to read: +4 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. South Korea had accused Pyongyang of violating the agreement after North Korean artillery shells fell into a maritime buffer zone that was supposed to be free of live-fire drills under the agreement. The North then said South Korea had resumed the use of propaganda loudspeakers at the border in violation of the agreement. South Korea's military will restart aerial surveillance in border areas, which had been conducted before the agreement was signed, the defence ministry said. South Korea said, however, its decisions on whether to take further actions to pull out of the military agreement would depend on the North's follow-up moves.

Persons: Han Duck, Kim Jong Un, Moon Jae, denuclearisation, Kim Myung, Ed Davies, Gerry Doyle Organizations: Reuters, KCNA, REUTERS Acquire, Rights, South, Korean, CMA, North, BE, Thomson Locations: North Gyeongsang Province, North Korea, Rights SEOUL, South Korea, Korea, South, Pyongyang, Seoul

[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

☆ We've been calling Kim Jong Un's daughter by the wrong name, and it's all because of Dennis Rodman, Korean ex-spy says
▼ + stars: | 2023-11-17 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

Kim Jong Un's daughter has been known to the world as Kim Ju Ae since North Korea debuted her in 2022. But a former South Korean spy veteran says her name is actually Kim Eun Ju, per The Korea Times. AdvertisementA retired South Korean spy said the world has been giving the wrong name to daughter of North Korean dictator Kim Jong Un, The Korea Times reported. Advertisement"I heard that Kim introduced his daughter to Rodman during his visit to North Korea, saying in Korean that 'jeo-ae' is his daughter. South Korean officials and intelligence services have since referred to Kim's daughter as "Kim Ju Ae," and a year later, she continues to feature heavily in North Korean propaganda.

Persons: Kim Jong, Kim Ju, Kim Eun Ju, Dennis Rodman, Kim Jong Un, —, Choe Su Yong, Choe, Rodman, Kim . Choe, Kim Organizations: Korea Times, Service, The Korea Times, South Korea's National Intelligence Service, NBA, Times, Guardian, Business Insider, South, The Times, Radio Free Asia, Korea's Unification Ministry Locations: North Korea, South Korean, Korean

☆ South Korea warns North Korea, Russia against breaching UN resolutions
▼ + stars: | 2023-09-14 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Kim Hong-Ji/File photo Acquire Licensing RightsSEOUL, Sept 14 (Reuters) - South Korea's National Security Council (NSC) said on Thursday North Korea and Russia would "pay a price" if they violate U.N. Security Council resolutions. "The government said that with any actions that threaten our security by North Korea and Russia violating (U.N.) Security Council resolutions, there will be a price to pay," it said. The message comes after the NSC held a meeting to discuss the summit between North Korean leader Kim Jong Un and Russian President Vladimir Putin. The South Korean meeting was attended by senior officials including the foreign minister as well as the unification minister, who is in charge of relations with North Korea. Earlier, Unification Minister Kim Young-ho also expressed concern over military cooperation between North Korea and Russia.

Persons: Kim Hong, Kim Jong Un, Vladimir Putin, Kim Young, ho, Hyunsu Yim, Kevin Liffey, Angus MacSwan Organizations: REUTERS, Rights, Korea's National Security Council, Thursday North, NSC, Unification, Thomson Locations: Paju, South Korea, Rights SEOUL, Thursday North Korea, Russia, Pyongyang, Moscow, United States, Japan, North Korea, Russian, Angus

☆ South Korea challenges arbitration ruling that found for Elliott in Samsung merger case
▼ + stars: | 2023-07-18 | by ( ) www.reuters.com time to read: +1 min

SEOUL, July 18 (Reuters) - South Korea said on Tuesday it would challenge an arbitration ruling that ordered it to pay U.S. hedge fund Elliott Investment Management $108.5 million in a case involving the merger of two Samsung Electronics (005930.KS) affiliates. The Permanent Court of Arbitration in the Hague last month found in favour of Elliott, though the compensation ordered was much less than the $770 million the hedge fund had sought. South Korea will argue that the Hague-based tribunal did not have jurisdiction to make the ruling under a free trade agreement it has with the United States, and will challenge the ruling at a UK arbitration body, the Justice Ministry said in a statement. It did not name the UK arbitration body. ($1 = 1,260.1300 won)Reporting by Hyunsu Yim; Editing by Ed Davies and Edwina GibbsOur Standards: The Thomson Reuters Trust Principles.

Persons: Elliott, 1,260.1300, Hyunsu Yim, Ed Davies, Edwina Gibbs Organizations: Elliott Investment, Samsung Electronics, South, Pension Service, Samsung, Hague, Ministry, Thomson Locations: SEOUL, South Korea, U.S, Hague, United States

☆ Robot takes podium as orchestra conductor in Seoul
▼ + stars: | 2023-06-30 | by ( ) www.reuters.com time to read: +2 min

[1/3] An android robot, EveR 6, is seen as it takes the conductor's podium to lead a performance by South Korea's national orchestra, in Seoul, South Korea, June 30, 2023, in this handout picture. National Theater of Korea/Handout via REUTERSSEOUL, June 30 (Reuters) - An android robot, EveR 6, took the conductor's podium in Seoul on Friday evening to lead a performance by South Korea's national orchestra, marking the first such attempt in the country. The two-armed robot, designed by the Korea Institute of Industrial Technology, made its debut at the National Theater of Korea, leading musicians in the country's national orchestra. "Movements by a conductor are very detailed," Choi Soo-yeoul, who led Friday's performance alongside the robot, said. The humanoid robot guided three of five pieces showcased on Friday evening, including one jointly conducted with Choi.

Persons: Choi Soo, Choi, Lee Young, Lee, Daewoung Kim, Jimin Jung, Soo, hyang Choi, Emma Rumney Organizations: South, Theater of, REUTERS, Korea Institute of Industrial Technology, National Theater of, Thomson Locations: Seoul, South Korea, Theater of Korea, REUTERS SEOUL, National Theater of Korea

☆ North Korea fires two short-range missiles after warning of response to allied drills
▼ + stars: | 2023-06-15 | by ( ) www.reuters.com time to read: +2 min

SEOUL, June 15 (Reuters) - North Korea fired two short-range missiles off its east coast on Thursday, the South Korean military said, less than an hour after Pyongyang warned of an "inevitable" response to military drills staged earlier in the day by South Korean and U.S. troops. The latest action by North Korea came as U.S. President Joe Biden's national security adviser, Jake Sullivan, was in Tokyo for meetings with his Japanese and South Korean counterparts. The government was due to hold a National Security Council meeting, Kyodo news reported separately. North Korea's ballistic missile and nuclear weapons programmes are banned by United Nations Security Council resolutions that have sanctioned the country. South Korea sued North Korea on Wednesday for $35 million in compensation for a liaison office that North Korea blew up in 2020, in a case highlighting the breakdown of ties between the neighbours as the North presses on with its weapons programmes.

Persons: Joe Biden's, Jake Sullivan, Cho Tae, Takeo Akiba, Yoon Suk, Heekyong Yang, Josh Smith, Tim Kelly, John Stonestreet, Alex Richardson, Chizu Organizations: South Korean, Korean, South, National, National Security Council, Kyodo, North Korea's Ministry of National Defence, United Nations, Thomson Locations: SEOUL, North Korea, Pyongyang, U.S, Tokyo, Japan, Hegura, Ishikawa prefecture, South Korea, Korea, Seoul

[1/2] Kim Tae-hyun, Chairman & CEO of South Korea's National Pension Service, speaks during an interview with Reuters in Seoul, South Korea, March 3, 2023. National Pension Service/Handout via REUTERSSEOUL, March 6 (Reuters) - South Korea's National Pension Service (NPS), manager of the world's third-largest public pension fund, will collaborate with foreign exchange authorities when needed to help stabilise the market, its chairman told Reuters. "Based on last year's experience, we have prepared measures aimed at easing dollar demand and volatility in the foreign exchange market," Kim said. "A predictable and stable foreign exchange rate is also advantageous to us," he said, adding that cooperation with foreign exchange authorities would be based on achieving good investment returns. With the fund expected to be depleted by 2055, his top priority is to provide support for the government's plan to reform the national pension system, he said.

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