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Meanwhile, Mizuho raised its price target on Palo Alto Networks ahead of the company's upcoming earnings release. But Grambling shaved $4 off his price target to $47, though that still implies 57.5% upside from Monday's close. Long kept his price target unchanged at $97, which reflects just 1.8% in upside over Monday's closing price. Analyst Laurent Yoon downgraded the media stock to market perform from outperform and shaved $2 off his price target to $8. Analyst Gregg Moskowitz raised his price target on the cybersecurity stock to $380 from $350, maintaining his outperform rating.

Persons: Bernstein, Mizuho, Rollins, Wells Fargo, Jason Haas, Haas, — Alex Harring, Thomas Palmer, Palmer, Morgan Stanley, DraftKings, Stephen Grambling, Grambling, Alex Harring, Tim Long, Long, Dell, Damian Karas, Karas, " Karas, Warner, Laurent Yoon, Yoon, Discovery's Turner, Gregg Moskowitz, Moskowitz, Fred Imbert Organizations: CNBC, Warner Bros, Palo Alto Networks, Hormel Foods, Citi, Hormel, Planters, Grambling, DraftKings, Barclays, Dell, Nasdaq, UBS, Discovery, NBA, Discovery's Turner Sports, Mizuho Locations: Wells Fargo, Monday's, Southern, Grambling, Palo Alto

☆ The next North Korea crisis could come this year
▼ + stars: | 2024-05-21 | by ( Chris Panella | ) www.businessinsider.com time to read: +6 min

Read previewTensions are flaring between North Korea and South Korea, and it could lead to conflict sooner rather than later. If such a clash between North Korea and South Korea occurred, it could quickly spiral into wider conflict. SOPA Images via Getty ImagesA notable shift came earlier this year, when North Korea declared South Korea "our principal enemy" and threatened to "thoroughly annihilate" it along with the US if provoked. The move was alarming and likely partially influenced by the Yoon administration's harder stance against North Korea than South Korea's previous president, Moon Jae-in. Military members salute during a military demonstration involving tank units in North Korea.

Persons: —, Sue Mi Terry, Terry, Yoon Suk, Yoon, Kim Jong, Kim's, Moon Jae, Victor Cha, Andy Lim, Biden, Joe Biden, Donald Trump, Kim, Allison Hooker, Hooker Organizations: Service, South Korea's, Council, Foreign Relations, Foreign Affairs, Business, US, North, National Reunification, Government, KCNA, Reuters, Center for Strategic, Studies ' Capital, CSIS, REUTERS Times, Trump, National Security Council Locations: Korea, South Korea, North Korea, Korean, South, Japan, Asia, CSIS Korea, Hanoi, Russia, China, Ukraine, Taiwan

☆ South Koreans vote for new parliament after campaign focused on economy, graft
▼ + stars: | 2024-04-10 | by ( ) www.cnbc.com time to read: +2 min

People watch the first sunrise of the new year from a footbridge overlooking the city skyline in Seoul on January 1, 2024. The opposition Democratic Party (DP), which already dominates the 300-member legislature, has accused Yoon and his conservative People Power Party (PPP) of mismanaging the economy and failing to rein in inflation during their time in office. PPP leader Han Dong-hoon said a big win by the DP, whose leader is facing corruption charges, would create a crisis for the country. He warned against giving the opposition an unprecedented super majority of 200 seats, which would strip Yoon of his veto power. "I hope the two-party structure will be broken somehow, and politicians will carry out practical policies for ordinary people."

Persons: Yoon Suk Yeol, Yoon, Han Dong, hoon, Kim Ji, yun, Jung Cheol, Cho Kuk Organizations: South, Election, Democratic Party, People Power Party, DP Locations: Seoul

SEOUL, South Korea (AP) — South Korea's president vowed Wednesday not to tolerate the prolonged walkouts by thousands of junior doctors, calling them “an illegal collective action” that threatens public health and shakes the country’s governing systems. Their walkouts have subsequently caused hundreds of canceled surgeries and other treatments at their hospitals and burdened South Korea's medical service. But if senior doctors joined the walkouts, South Korea's medical service would suffer a major blow. The Korean Medical Association, which represents doctors in South Korea, has expressed its support for the striking junior doctors, but hasn't decided whether to take part in the walkouts. Police were investigating allegations that five senior KMA officials incited and abetted the junior doctors' walkouts, and said they summoned one of them Wednesday.

Persons: Yoon Suk, ” Yoon, ”, haven’t, Heath, hasn't Organizations: Health Ministry, Health, South, Korean Medical Association, . Police Locations: SEOUL, South Korea

SEOUL, South Korea (AP) — South Korean President Yoon Suk Yeol’s office said Wednesday that presumed North Korean hackers breached the personal emails of one of his staff members ahead of Yoon's trip to Europe in November. Yoon’s office said the cyberattack only affected the personal account of the unidentified employee, who violated security protocols by partially using commercial email services to handle official duties. “We detected the case in advance of (Yoon’s) visit and took necessary measures,” Yoon’s office said in a statement to reporters. North Korea-backed hackers have also been accused of stealing information from outside governments, businesses and think tanks. While the country has denied involvement, North Korea has been linked to major cyberattacks in past years, including a 2013 campaign that paralyzed the servers of South Korean financial institutions, the 2014 hacking of Sony Pictures, and the WannaCry malware attack of 2017.

Persons: Yoon Suk, Yoon’s, “, ” Yoon, King Charles III, Rishi Sunak Organizations: The Associated Press, Sony Pictures Locations: SEOUL, South Korea, Europe, North Korea, Britain, France, U.S, Korean

☆ South Korea's Yoon Vows Clearer Rules After Wife's 'Dior Bag Scandal'
▼ + stars: | 2024-02-07 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +2 min

By Heekyong Yang and Josh SmithSEOUL (Reuters) - The release of hidden camera footage showing South Korea's first lady accepting a Dior bag as a gift was a "political manoeuvre", President Yoon Suk Yeol said on Wednesday, but vowed to draw clearer lines to ensure such incidents do not happen again. The comments were his first public response to a controversy, dubbed the "Dior bag scandal" by local media, that has roiled his ruling party ahead of a key election in April. "What's important is to set clearer boundaries with others to prevent something like this from happening in the future." A Gallup Korea weekly poll on Friday showed that Yoon's approval ratings had fallen to 29%, the lowest in nine months. (Reporting by Heekyong Yang and Josh Smith; Additional reporting by Ju-min Park, Editing by Kylie MacLellan)

Persons: Heekyong Yang, Josh Smith SEOUL, Dior, Yoon Suk Yeol, Kim Keon Hee, Yoon, it's, Kim's, Abraham Choi, Josh Smith, Kylie MacLellan Organizations: People Power Party, KBS, Reuters, Gallup Korea Locations: North Korea, April's

☆ 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

"With this (decision) Yoon is trying to make sure there is policy continuity in place ahead of election," said Park Sang-hyun, an economist at HI Investment & Securities. "Choi has been long-time finance ministry person and he basically spearheaded major economics policies of the Yoon administration from the very beginning so its a safe choice." Choi has a bachelor's degree from the Seoul National University law school, where Yoon also studied around the same time. Choi's career in government service has been mostly at the finance ministry, overseeing economic policy making, financial market policies, and external business relations. Yoon doesn’t need parliamentary approval to appoint a new finance minister, who also serves as deputy prime minister.

Persons: Yoon Suk, Choi Sang, mok, Choi, Choo, Yoon, Yoon's, Yoon doesn’t, Soo, hyang Choi, Ed Davies Organizations: HI Investment, Securities, Gallup, Bank of, Seoul National University, Thomson Locations: SEOUL, Gallup Korea, Daegu

☆ 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

☆ South Korea's top intelligence officials resign
▼ + stars: | 2023-11-26 | by ( ) www.reuters.com time to read: +1 min

SEOUL, Nov 26 (Reuters) - South Korean President Yoon Suk Yeol accepted the resignation of head of the intelligence agency and his two deputies on Sunday, his office said. Yoon's office did not specify any reasons for the resignations. But local media have reported there were troubles during previous personnel reshuffles at the National Intelligence Service (NIS). Yoon appointed two senior NIS officials to take over the deputy positions immediately, his office said. "Director Kim worked to reestablish the status of the NIS as the nation's top security intelligence agency during a government change, and build a collaboration system with intelligence agencies of friendly countries," Yoon's office said in a statement.

Persons: Yoon Suk Yeol, reshuffles, Kim Kyou, Yoon, Kim, Hyonhee Shin, William Mallard Organizations: National Intelligence Service, Thomson Locations: SEOUL, Korea

☆ South Korea's Yoon seeks stronger economic, security ties on UK state visit
▼ + stars: | 2023-11-20 | by ( ) www.reuters.com time to read: +2 min

[1/2] South Korea's President Yoon Suk Yeol speaks during a summit discussion, on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, at the Stanford, California, U.S., November 17, 2023. REUTERS/Brittany Hosea-Small/File photo Acquire Licensing RightsSEOUL, Nov 20 (Reuters) - South Korean President Yoon Suk Yeol heads to Britain on Monday for a state visit, hoping to boost economic ties and enhance security partnerships to counter North Korea's evolving threats and other regional challenges. Yoon will receive a guard of honour and ride in a carriage procession to Buckingham Palace, according to the palace. Yoon has expressed hope for deeper cooperation with Britain on an "array of geopolitical risks" including supply chains and energy security, the Telegraph said. From Britain, Yoon will head to France for a visit aimed at bolstering support for South Korea's hosting the 2030 World Expo, his office said.

Persons: Yoon Suk Yeol, Brittany Hosea, Yoon Suk, King Charles, Yoon, Rishi Sunak, Yoon's, Lee, woon, Soo, Choi, Ed Davies, Gerry Doyle Organizations: South, Economic Cooperation, Stanford, REUTERS, Rights, Britain, The Telegraph, West, Telegraph, APEC, International, Thomson Locations: Asia, California, U.S, Rights SEOUL, Britain, North Korea, Ukraine, Gaza, Russia, South China, Buckingham, San Francisco, France, Paris

☆ Britain to Launch South Korea Trade Talks During Yoon Visit
▼ + stars: | 2023-11-20 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +3 min

LONDON (Reuters) -Britain and South Korea will launch negotiations on a new free trade agreement (FTA) and sign a new diplomatic accord during a state visit by South Korean President Yoon Suk Yeol this week, Prime Minister Rishi Sunak's office said on Monday. The Downing Street accord will see the countries agree to work closely on areas such as semiconductors - which South Korea is a major producer of - and artificial intelligence. Speaking to members of the South Korean community, Yoon said South Korea and Britain are partners that share universal values of freedom, human rights and rule of law, and form an economic community through trade, Yonhap news reported. The talks on a new trade deal will aim to replace the carry-over trade deal from when Britain left the European Union, which was based on replicating a deal with the EU from 2011 and reduced tariffs in a range of areas. Britain said it hoped a new trade deal would pave the way for increased digital trade and streamline currently complex procedures, and have a new rules of origin chapter.

Persons: Yoon Suk, Rishi Sunak's, Yoon's, King Charles, Charles, Yoon, Sunak, Alistair Smout, Josh Smith, Alistair Bell, Stephen Coates Organizations: South, Britain, Accord, European Union, Trans, Pacific Partnership Locations: Britain, South Korea, Downing, Korea, London, cybersecurity, United States, China, Japan, Seoul

☆ US, Japan and South Korea leaders hold brief meeting at APEC
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +2 min

[1/2] Ethan Rosenzweig, Acting Chief of Protocol shakes hands greeting Japan's Prime Minister Fumio Kishida for a welcome reception for Asia-Pacific Economic Cooperation (APEC) leaders in San Francisco, California, U.S., November 15, 2023. The leaders posed for a photograph together before leaving without making remarks at the Asia-Pacific Economic Cooperation (APEC) summit, news agency Yonhap reported. The brief meeting comes three months after the leaders met at Camp David in August for talks. Yoon and Kishida promised to push for deeper cooperation in a separate meeting earlier Friday, Yoon's office said. The pair met on Thursday, a day before they were due to attend a roundtable on technological cooperation at Stanford University.

Persons: Ethan Rosenzweig, Japan's, Fumio Kishida, Loren Elliott, Yoon Suk Yeol, Joe Biden, Yonhap, Camp David, Yoon, Kishida, Yoon's, Biden, Josh Smith, Sam Holmes, Christopher Cushing, Gerry Doyle Organizations: Economic Cooperation, REUTERS, Rights, U.S, Japanese, Camp, Stanford University, Nikkei, Thomson Locations: Asia, San Francisco , California, U.S, Rights SEOUL, San Francisco, United States, Japan, North Korea, South, Seoul

☆ South Korea's Yoon, Japan's Kishida to attend tech roundtable on Nov. 17
▼ + stars: | 2023-11-10 | by ( ) www.reuters.com time to read: +2 min

[1/2] South Korean President Yoon Suk Yeol speaks during a joint press conference with U.S. President Joe Biden and Japanese Prime Minister Fumio Kishida (not pictured) at the trilateral summit at Camp David near Thurmont, Maryland, U.S., August 18, 2023. REUTERS/Evelyn Hockstein/File Photo Acquire Licensing RightsSEOUL, Nov 10 (Reuters) - South Korean President Yoon Suk Yeol plans to attend a roundtable on technological cooperation with Japanese Prime Minister Fumio Kishida at Stanford University on Nov. 17, Yoon's office said on Friday. They are expected to discuss technology cooperation between the two countries as well as three-way cooperation with the United States, it said. The three countries have since conducted joint military drills and agreed on an early warning data sharing on North Korea's missile launches. Reporting by Jack Kim Editing by Ed Davies and Gerry DoyleOur Standards: The Thomson Reuters Trust Principles.

Persons: Yoon Suk Yeol, Joe Biden, Fumio Kishida, Camp David, Evelyn Hockstein, Yoon Suk, Japan's, Kishida, Yoon, Jack Kim, Ed Davies, Gerry Doyle Organizations: South, U.S, Japanese, REUTERS, Rights, Stanford University, Economic Cooperation, Japan's Kyodo, Korea's, Thomson Locations: South Korean, Camp, Thurmont , Maryland, U.S, Rights SEOUL, United States, Asia, San Francisco, Japan, North Korea, Kishida, Tokyo

☆ South Korea's Yoon to Attend APEC Summit, Visit Europe
▼ + stars: | 2023-11-08 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +1 min

SEOUL (Reuters) - South Korean President Yoon Suk Yeol will attend the APEC summit in San Francisco on Nov. 15-18, Yoon's office said on Wednesday. After the U.S. trip, Yoon is set to pay a state visit to Britain on Nov. 20-23 following an invitation from King Charles and visit France on Nov. 23-26 as part of efforts to bolster support for hosting the 2030 World Expo, Yoon's deputy national security adviser Kim Tae-hyo said. The host country for the 2030 expo is expected to be decided this month by a vote of the member states of the International Bureau of Expositions, the expo organising body. Yoon will also visit the Netherlands on Dec. 12-13 following an invitation from King Willem-Alexander, local media reported, in what would be the first state visit by a South Korean president since the countries established diplomatic ties in 1961. (Reporting by Soo-hyang Choi, Ju-min Park; Editing by Ed Davies)

Persons: Yoon Suk, Yoon, King Charles, Kim Tae, hyo, King Willem, Alexander, Soo, hyang Choi, Ed Davies Organizations: APEC, International, South Locations: SEOUL, San Francisco, U.S, Britain, France, Paris, Netherlands, South Korean

[1/6] Park Young-soo, whose son died in the Halloween crowd crush a year ago, visits the memorial park where her son's ashes were buried in Pocheon, South Korea, October 24, 2023. She says she may not be able to move on with her life until she sees some kind of accountability from the government. Park is one of more than 100 family members who say the authorities have done little to hold those responsible to account. Relatives of the victims want a special law that would allow an independent and comprehensive investigation into the cause of the crush. "Nothing is reported to us nor communicated to us," said Nari Kim from Austria, who lost her younger brother in the crush.

Persons: Kim Soo, soo, Lee Nam, Lee, Yoon Suk, Lee Sang, Kim Young, Kim, Nari Kim, Jong, Woo Paik, Hyunsu Yim, Daewoung Kim, Heejung Jung, Jimin Jung, Josh Smith, Robert Birsel Organizations: REUTERS, Rights, Interior, National Assembly, Power Party, Korean Society, Thomson Locations: Pocheon, South Korea, Rights SEOUL, Itaewon, Hamilton, Seoul, North Korea, Seoul's, U.S, Japan, Iran, Austria, Korea

☆ South Korea's Hyundai, Saudi Aramco clinch $2.4 bln gas plant deal
▼ + stars: | 2023-10-24 | by ( Hyonhee Shin | ) www.reuters.com time to read: +2 min

[1/2] General view of the summit between President of South Korea, Yoon Suk-Yeol and Saudi Arabia's Crown Prince, Mohammed bin Salman in al Yamamah Palace in Riyadh, Saudi Arabia October 22, 2023. Saudi Press Agency/Handout via REUTERS Acquire Licensing RightsSEOUL, Oct 24 (Reuters) - South Korea's Hyundai Engineering & Construction (000720.KS) and Hyundai Engineering have signed a $2.4 billion contract with oil giant Saudi Aramco (2222.SE) to build a gas processing plant, Seoul's presidential office said on Tuesday. Jafurah is Saudi's largest unconventional non-oil associated gas field, with reserves estimated at 200 trillion cubic feet (5.7 trillion cubic metres) of raw gas. State-run Korea National Oil Corp also clinched a storage deal with Aramco during Yoon's visit that allows the Saudi company to store 5.3 million barrels of oil in South Korea's reserve facilities in the port of Ulsan for five years. After a four-day stay in Riyadh, Yoon left for Doha on Monday where he will attend an international horticultural expo before holding a summit on Tuesday with Qatar's Emir Sheikh Tamim bin Hamad al-Thani, his office said.

Persons: Yoon Suk, Saudi Arabia's Crown Prince, Mohammed bin Salman, Yoon Suk Yeol, Yoon, Saudi Crown Prince Mohammed bin Salman, Emir Sheikh Tamim bin Hamad, Hyonhee Shin, Tom Hogue Organizations: Saudi Arabia's Crown, Saudi Press Agency, Handout, REUTERS Acquire, Rights, Hyundai Engineering, Construction, Saudi Aramco, South Korean, Hyundai Motor Group, Hyundai, Aramco, Saudi Crown, Saudi, Hamas, Korea National Oil Corp, Doha, Thomson Locations: South Korea, al Yamamah, Riyadh, Saudi Arabia, Rights SEOUL, Saudi, Israel, South Korea's, Ulsan, Thani

☆ South Korea's Yoon Departs for Saudi Arabia and Qatar
▼ + stars: | 2023-10-21 | by ( Oct. | At A.M. | ) www.usnews.com time to read: +1 min

SEOUL (Reuters) - South Korean President Yoon Suk Yeol left for Saudi Arabia and Qatar on Saturday to discuss business cooperation as well as to discuss security conditions amid the crisis in the Middle East, his office said. Yoon, in what would be the first state visit by a South Korean leader, will hold talks with Saudi Crown Prince Mohammed bin Salman on Sunday, and will travel to Qatar on Oct. 24-25 for a summit and to attend a business forum. The state visit takes place roughly a year after the Saudi crown prince visited South Korea and discussed cooperation in the areas of energy, defence and infrastructure construction, signing investment pacts worth $30 billion with Korean firms. Business leaders accompanying President Yoon include Samsung Electronics Executive Chairman Jay Y. Lee, Hyundai Motor Group Executive Chair E.S. Chung and the heads of Hanwha, GS, and HD Hyundai conglomerates, according to Yoon's office.

Persons: Yoon Suk Yeol, Yoon, Saudi Crown Prince Mohammed bin Salman, Jay Y, Lee, Chung, Cynthia Kim, Lincoln Organizations: South, Saudi Crown, Business, Samsung Electronics, Hyundai Motor Group, Hyundai Locations: SEOUL, Saudi Arabia, Qatar, South Korean, Saudi, South Korea

☆ Bernstein says buy Disney, calls it the 'only credible challenger to Netflix'
▼ + stars: | 2023-10-06 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +1 min

Disney 's planned buyout of Hulu will offset any near-term troubles and benefit the company long term, according to Bernstein. Analyst Laurent Yoon's price target of $103 implies a potential 27% gain from Thursday's close. "We forecast DTC growth to outpace Linear decline, supporting overall growth of Media, with DTC revenue surpassing Linear revenue in 2024, and Disney becoming the undisputed #2 subscription video on demand." Yoon added that besides Disney's status as the "only credible challenger to Netflix," the company's parks business provides an additional strong revenue stream. DIS YTD mountain Disney YTD chart — CNBC's Michael Bloom contributed to this report.

Persons: Bernstein, Laurent, Yoon, Bob Iger, Michael Bloom Organizations: Disney, Hulu, Media, Netflix, Comcast, CNBC Locations: Thursday's

☆ Analysis-South Korea's Yoon Rails Against Domestic Critics as ‘Communists’
▼ + stars: | 2023-09-22 | by ( Sept. | At A.M. | ) www.usnews.com time to read: +4 min

"He has decided to take an approach not of trying to convince people but to label the opposition as being somehow an anti-state, communist totalitarian force." In a speech earlier this month, Yoon said South Korea's freedom is "under constant threat" from "communist totalitarian and anti-state forces" who are critical of South Korea's deepening ties with the U.S. and Japan. "The president keeps emphasizing the threat from communist forces which don't exist," a spokesperson for the Democratic Party said at a briefing last week. The presidential office declined to comment on Yoon's description of critics of his policies as "communists". Given his low approval ratings, analysts say labelling his opponents as communists may still be useful for Yoon to hold onto his party's conservative base.

Persons: Hyunsu Yim, Yoon Suk, Yoon's, Yoon, Kevin Gray, Gray, Andrew Yeo, Yeo, Benjamin Engel, Engel, Rhee Jong, " Rhee, Rhee, Lincoln Organizations: U.S, University of Sussex, Liberation, Democratic Party, Gallup, Brookings Institution, Korean Confederation of Trade Unions, National Security, Seoul National University Locations: Hyunsu Yim SEOUL, South Korea, North Korea, Japan, Tokyo, Seoul

☆ Analysis: South Korea's Yoon rails against domestic critics as ‘communists’
▼ + stars: | 2023-09-22 | by ( Hyunsu Yim | ) www.reuters.com time to read: +5 min

[1/2] South Korean President Yoon Suk-yeol attends the ASEAN-South Korea Summit at the Association of the Southeast Asian Nations (ASEAN) Summit in Jakarta, Indonesia, September 6, 2023. In South Korea, the label of communist carries higher stakes than in many Western democracies with the ongoing threat from ostensibly communist North Korea and Cold War-era laws that effectively ban activities deemed related to communism. “There is a legitimacy problem for Yoon in the sense that the gap between popular opinion in South Korea and what is being pursued internationally is increasing," Gray said. In a speech earlier this month, Yoon said South Korea's freedom is "under constant threat" from "communist totalitarian and anti-state forces" who are critical of South Korea's deepening ties with the U.S. and Japan. "The president keeps emphasizing the threat from communist forces which don't exist," a spokesperson for the Democratic Party said at a briefing last week.

Persons: Yoon Suk, yeol, Tatan, Yoon's, Yoon, Kevin Gray, Gray, Andrew Yeo, Yeo, Benjamin Engel, Engel, Rhee Jong, " Rhee, Rhee, Hyunsu Yim, Josh Smith, Lincoln Organizations: South, ASEAN, South Korea Summit, Association of, Southeast Asian Nations, Rights, U.S, University of Sussex, Liberation, Democratic Party, Gallup, Brookings Institution, Korean Confederation of Trade Unions, National Security, Seoul National University, Thomson Locations: South Korean, Jakarta, Indonesia, Rights SEOUL, South Korea, North Korea, Japan, Tokyo, Seoul

☆ South Korea lawmakers vote to pave way for opposition leader's arrest
▼ + stars: | 2023-09-21 | by ( Hyunsu Yim | ) www.reuters.com time to read: +3 min

Lee Jae-myung, leader of South Korea's Democratic Party, speaks at campaign rally while campaigning for the presidential election in Seoul, South Korea March 8, 2022. The vote means Democratic Party leader Lee Jae-myung will face court to contest his arrest over the charges. Members of parliament have immunity against arrest when the assembly is in session unless its members vote to rescind it with a simple majority. Lee's Democratic Party holds 167 seats in the 297-member parliament. President Yoon is currently in New York to attend the United Nations General Assembly.

Persons: Lee Jae, myung, Kim Hong, Han, Han Duck, Yoon Suk Yeol, Democratic Party's Lee, Lee, Yoon, Hyunsu Yim, Jason Neely Organizations: South Korea's Democratic Party, REUTERS, Democratic Party, Democratic, United Nations General Assembly, Thomson Locations: Seoul, South Korea, SEOUL, North Korea, Gyeonggi Province, Seongnam, New York, Korea's

☆ South Korea's Yoon heading to New York next week for UN General Assembly
▼ + stars: | 2023-09-14 | by ( ) www.reuters.com time to read: +1 min

South Korean President Yoon Suk-yeol attends the ASEAN-South Korea Summit at the Association of the Southeast Asian Nations (ASEAN) Summit in Jakarta, Indonesia, September 6, 2023. Tatan Syuflana/Pool via REUTERS Acquire Licensing RightsSEOUL, Sept 14 (Reuters) - South Korean President Yoon Suk Yeol will visit New York next week to attend the United Nations General Assembly, Yoon's office said on Thursday. Yoon is scheduled to depart on Sept. 18 for the five-day trip during which he is expected to give a keynote speech on Sept. 20, Yoon's deputy national security advisor, Kim Tae-hyo, said. The trip would follow North Korean leader Kim Jong Un's rare summit with Russian President Vladimir Putin this week where they discussed military matters and possible Russian help for the North's satellite programme. Yoon will deliver a message on possible military exchanges between Pyongyang and Moscow at the General Assembly, South Korean news agency Newsis said, citing the presidential office.

Persons: Yoon Suk, yeol, Tatan, Yoon, Kim Tae, Antonio Guterres, Kim, Kim Jong, Vladimir Putin, Newsis, Soo, hyang Choi, Hyunsu Yim, Clarence Fernandez, Lincoln Organizations: South, ASEAN, South Korea Summit, Association of, Southeast Asian Nations, REUTERS Acquire, Rights, New, United Nations General Assembly, U.N, North, General Assembly, Thomson Locations: Jakarta, Indonesia, Rights SEOUL, New York, Ukraine, North, Pyongyang, Moscow, South Korean

☆ South Korea's Yoon meets China Premier Li at ASEAN summit
▼ + stars: | 2023-09-07 | by ( ) www.reuters.com time to read: +2 min

[1/2] South Korean President Yoon Suk-yeol attends the ASEAN-South Korea Summit at the Association of the Southeast Asian Nations (ASEAN) Summit in Jakarta, Indonesia, September 6, 2023. Tatan Syuflana/Pool via REUTERS Acquire Licensing RightsSEOUL, Sept 7 (Reuters) - South Korean President Yoon Suk Yeol met with China's Premier Li Qiang on the sidelines of an ASEAN summit in the Indonesian capital of Jakarta on Thursday, just hours after Yoon called for a rules-based maritime order in the South China Sea. Yoon's meeting with Li comes after the South Korean leader vowed to enhance cooperation with China and Japan. Just hours earlier, Yoon said any attempts to change the status quo by force in the South China Sea cannot be tolerated. He was speaking at the East Asia Summit which includes the ASEAN bloc, China, Japan, the United States and others.

Persons: Yoon Suk, yeol, Tatan, Yoon Suk Yeol, China's Premier Li Qiang, Yoon, Li, Indonesia's, Kim Jong, Vladimir Putin, Soo, hyang Choi, Jack Kim, Tom Hogue, Michael Perry Organizations: South, ASEAN, South Korea Summit, Association of, Southeast Asian Nations, REUTERS Acquire, Rights, China's Premier, East Asia, United Nations, . Security Council, The United, Thomson Locations: South Korean, Jakarta, Indonesia, Rights SEOUL, Indonesian, South China, China, Japan, South, United States, Pyongyang, Russia, Moscow, The United States, North Korea, Ukraine, South Korea

☆ South Korea's Yoon says any military cooperation with North Korea must stop
▼ + stars: | 2023-09-06 | by ( Jack Kim | ) www.reuters.com time to read: +3 min

South Korean President Yoon Suk-yeol, center, arrives to the ASEAN-South Korea Summit at the Association of the Southeast Asian Nations (ASEAN) Summit in Jakarta, Indonesia, September 6, 2023. Tatan Syuflana/Pool via REUTERS Acquire Licensing RightsSEOUL, Sept 6 (Reuters) - South Korean President Yoon Suk Yeol said on Wednesday any attempt to cooperate with North Korea on military affairs in a way that damages international peace must immediately halt. "Attempt at military cooperation with North Korea that harms international peace must immediately halt," Yoon's office quoted him as saying at a meeting with the leaders of ASEAN countries. North Korea and Russia have denied they were in arms negotiations. Before the pandemic, China hosted the largest number of North Korean workers abroad, with as many as half of the estimated 100,000 people earning more than $500 million a year.

Persons: Yoon Suk, Tatan, Yoon Suk Yeol, Yoon, Kim Jong Un, Vladimir Putin, Kim, Sergei Shoigu, Fumio Kishida, Li Qiang, Jack Kim, Soo, hyang Choi, Muralikumar Anantharaman, Christopher Cushing Organizations: South, ASEAN, South Korea Summit, Association of, Southeast Asian Nations, REUTERS Acquire, Rights, New York Times, Japanese, Security, Thomson Locations: Jakarta, Indonesia, Rights SEOUL, North Korea, Russia, Vladivostok, Moscow, Ukraine, South Korea, China, Korean, Seoul

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