DIRS.INFO The most relevant business & tech news

☆ South Korea's Yoon orders water trucks, buses for heatwave-hit scout jamboree
▼ + stars: | 2023-08-04 | by ( ) www.reuters.com time to read: +1 min

[1/5] Participants cool down at a water supply zone of the camping site for the 25th World Scout Jamboree in Buan, South Korea, August 4, 2023. REUTERS/Kim Hong-JiSEOUL, Aug 4 (Reuters) - South Korean President Yoon Suk Yeol ordered on Friday that air-conditioned buses and water trucks be sent to a global scout event his country is hosting, after hundreds of teenage participants fell ill due to hot weather. At least 600 people at the World Scout Jamboree, which kicked off in southwestern Buan on Tuesday, have so far been treated for heat-related ailments, officials said. Yoon called for an "unlimited" supply of buses where the scouts can rest and cool down and trucks to provide water, his press secretary, Kim Eun-hye, said in a statement. More than 43,000 participants, most of them scouts aged between 14 and 18, are attending the jamboree, the first global gathering of the scouts since the pandemic.

Persons: Kim Hong, Ji, Yoon Suk Yeol, Yoon, Kim Eun, Soo, Choi, Ed Davies Organizations: REUTERS, Thomson Locations: Buan, South Korea, Ji SEOUL

☆ South Korea's President Yoon visits Ukraine
▼ + stars: | 2023-07-15 | by ( Joyce Lee | ) www.reuters.com time to read: +2 min

Summary South Korea's Yoon to meet Ukraine's Zelenskiy - Yoon's officeS.Korea facing renewed pressure to provide weapons to UkraineS.Korea to play a role in Ukraine's reconstruction -ministrySEOUL, July 15 (Reuters) - South Korean President Yoon Suk Yeol was visiting Ukraine on Saturday for talks with President Volodymyr Zelenskiy, the South Korean presidential office said. Yoon said this week his administration was preparing to send de-mining equipment and ambulances, following a request from Ukraine, and will join NATO's trust fund for Ukraine. Zelenskiy asked Yoon to boost military support when they met for the first time in May. South Korea's Ministry of Land, Infrastructure and Transport said on Friday it planned to support the reconstruction of Ukraine's infrastructure, such as transportation, energy and industry. South Korean companies and companies in Ukraine and other countries signed agreements on Friday for cooperation in the reconstruction of Ukraine, the ministry said in a statement.

Persons: Yoon, Ukraine's, Ukraine S.Korea, Yoon Suk Yeol, Volodymyr Zelenskiy, Irpin, Zelenskiy, Andrzej Duda, Joyce Lee, Hyonhee, William Mallard Organizations: South Korean, NATO, Ukraine, South Korea's Ministry of Land, Infrastructure, Transport, Thomson Locations: Ukraine, SEOUL, Lithuania, Poland, Bucha, Kyiv, U.S, South Korea, North Korea, Seoul, Korea

[1/8] Ukraine's President Volodymyr Zelenskiy and South Korean President Yoon Suk Yeol shake hands after a joint statement, amid Russia's attack on Ukraine, in Kyiv, Ukraine July 15, 2023. South Korea is a U.S. ally and the world's ninth biggest arms exporter, according to the Stockholm International Peace Research Institute (SIPRI) think tank. In a press conference, Yoon said South Korea plans to provide "a larger scale of military supplies" to Ukraine this year, following last year's provision of non-lethal supplies such as body armour and helmets. Yoon said South Korea also plans to provide Ukraine with $150 million in humanitarian aid this year, following about $100 million in 2022. Yoon said on Saturday South Korea has delivered safety equipment and humanitarian aid that Ukraine needs, since May, including mine detectors.

Persons: Volodymyr Zelenskiy, Yoon Suk, Yoon Suk Yeol, Yoon, Zelenskiy, Yoon's, Ramon Pacheco Pardo, Pacheco Pardo, Joyce Lee, Olena, Josh Smith, Hyonhee, William Mallard, Andrew Cawthorne Organizations: South, REUTERS, NATO, Russia's, Stockholm International Peace Research Institute, Ukraine, Brussels School, Saturday, Seoul's, Seoul's Ministry of Land, Infrastructure, Transport, Thomson Locations: Ukraine, Kyiv, U.S, Seoul, SEOUL, KYIV, Lithuania, Poland, South Korea, Stockholm, North Korea, Korea, South

☆ South Korea's Yoon heads to NATO summit amid North Korea, China tensions
▼ + stars: | 2023-07-10 | by ( Hyonhee Shin | ) www.reuters.com time to read: +3 min

SEOUL, July 10 (Reuters) - South Korean President Yoon Suk Yeol was set to depart on Monday for a summit with NATO leaders, seeking deeper international security cooperation amid rising North Korean threats and tension over China. Last year, he attended the NATO summit for the first time as a South Korean leader, saying new conflicts and competition posed threats to universal values. There had also been speculation in media that Yoon might visit Ukraine as part of the trip. Last year, two South Korean companies signed a $5.76 billion contract with Poland to export tanks and howitzers, as part of South Korea's biggest ever arms deal. "The NATO summit would be a chance to reinforce cooperation with the countries that share values and norms," Park said.

Persons: Yoon Suk Yeol, Yoon, Choi Sang, mok, Yoon's, Hyonhee Shin, Soo, hyang Choi, Raju Gopalakrishnan Organizations: NATO, North, Asia Pacific, Associated Press, Ukraine, South Korea's, Ewha Womans University, Thomson Locations: SEOUL, China, Lithuania, Japan, Australia, New Zealand, Poland, Europe, Ukraine, U.S, Korean, North Korea, South Korea, South, Seoul

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

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

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

☆ South Korea's Yoon begins foreign tour for 2030 expo bid, Vietnam state visit
▼ + stars: | 2023-06-19 | by ( ) www.reuters.com time to read: +1 min

SEOUL, June 19 (Reuters) - South Korean President Yoon Suk Yeol departed Seoul for Paris on Monday to support his country's bid to host Expo 2030, part of a foreign trip that will also include meetings with the leaders of France and Vietnam, his office said. Yoon will address the general assembly of the International Bureau of Expositions (BIE), the organiser of the world fair, to promote South Korea's bid. Yoon will then head to Vietnam on Thursday for a three-day state visit, accompanied by a 205-person business delegation, his office said. 1 salesman" for South Korea, has made business deals and "sales diplomacy" a core element of his foreign trips since taking office. "It will be the largest business delegation since the launch of the Yoon Suk Yeol administration," Choi Sang-mok, senior presidential secretary for economy, said on Tuesday.

Persons: Yoon Suk Yeol, Yoon, Ukraine's Odesa, Emmanuel Macron, Yoon Suk, Choi, mok, Soo, hyang Choi, Gerry Doyle Organizations: Paris, International, South, NATO, Thomson Locations: SEOUL, Seoul, France, Vietnam, South Korean, Busan, Saudi Arabia's Riyadh, Italy's Rome, Madrid, South Korea

☆ South Korea's Yoon to visit Paris next week to promote hosting of 2030 expo
▼ + stars: | 2023-06-13 | by ( ) www.reuters.com time to read: 1 min

SEOUL, June 13 (Reuters) - South Korean President Yoon Suk Yeol said on Tuesday he will visit Paris next week to attend a meeting of the Bureau International Expositions (BIE), the organiser for the Expo 2030. The visit is aimed at promoting his country's bid to host the expo. The host country for the 2030 Expo is expected to be selected in November. Reporting by Soo-hyang Choi Editing by Ed DaviesOur Standards: The Thomson Reuters Trust Principles.

Persons: Yoon Suk Yeol, Soo, Choi, Ed Davies Organizations: Paris, Thomson Locations: SEOUL

☆ South Korea's Yoon thanks Japan's Kishida for his efforts to mend ties
▼ + stars: | 2023-05-20 | by ( ) www.reuters.com time to read: +1 min

[1/2] South Korean President Yoon Suk Yeol shakes hands with Japanese Prime Minister Fumio Kishida during a joint press conference after their meeting at the presidential office in Seoul on May 7, 2023. ... Read moreSEOUL, May 21 (Reuters) - South Korean President Yoon Suk Yeol said on Sunday that Japanese Prime Minister Fumio Kishida's words resonated with many South Koreans when earlier this month he said that "his heart hurts" for those who suffered as wartime labourers under Japan's colonial rule. Yoon made the remark at a meeting with Kishida on the sidelines of the Group of Seven (G7) Summit in Hiroshima in Japan. Ahead of their meeting on Sunday, Yoon and Kishida visited the Hiroshima Memorial Peace Park to pay their respects at a memorial for Korean victims who had perished in the atomic bombings in 1945. "I feel that our visit was important for both Japan and South Korea relations, as well as for us to pray for world peace," Kishida said to Yoon ahead of the meeting.

☆ S.Korea's Yoon, India's Modi agree to step up cooperation on defence, bio-health sectors
▼ + stars: | 2023-05-20 | by ( ) www.reuters.com time to read: 1 min

[1/2] FILE PHOTO-Indian Prime Minister Narendra Modi speaks during the G20 leaders summit in Nusa Dua, Bali, Indonesia, Tuesday, Nov. 15, 2022. Dita Alangkara/Pool via REUTERSSEOUL, May 20 (Reuters) - South Korean President Yoon Suk Yeol held talks with Indian Prime Minister Narendra Modi on Saturday and agreed to enhance cooperation on defence and bio-health sectors, Yoon's office said. The meeting was held on the sidelines of the G7 summit in Hiroshima, Japan as South Korea and India were invited to the summit as guest countries. Reporting by Soo-hyang Choi; Editing by Jacqueline WongOur Standards: The Thomson Reuters Trust Principles.

☆ South Korea's Yoon, Canada's Trudeau agree to boost cooperation on critical minerals
▼ + stars: | 2023-05-17 | by ( ) www.reuters.com time to read: +1 min

[1/2] Canada’s Prime Minister Justin Trudeau talks with South Korea’s President Yoon Suk Yeol during their meeting at the Presidential Office in Seoul, South Korea, May 17, 2023. REUTERS/Kim Hong-Ji/PoolSEOUL, May 17 (Reuters) - South Korean President Yoon Suk Yeol and Canadian Prime Minister Canadian Prime Minister Justin Trudeau agreed on Wednesday to step up cooperation on critical minerals and other economic security issues. In a joint statement issued after their summit in Seoul, the leaders also "strongly condemned" North Korea's nuclear and missile development, and agreed to continue joint efforts for a rules-based order in the region. Trudeau arrived in Seoul on Tuesday for the first visit in nine years by a Canadian leader as the two countries seek to boost cooperation on security and critical minerals used in electric vehicles (EVs). Reporting by Soo-hyang Choi Editing by Ed DaviesOur Standards: The Thomson Reuters Trust Principles.

☆ Ukraine's first lady meets with South Korea's Yoon
▼ + stars: | 2023-05-16 | by ( ) www.reuters.com time to read: +1 min

SEOUL, May 16 (Reuters) - Ukraine's first lady, Olena Zelenska, met with South Korean President Yoon Suk Yeol as a special presidential envoy, South Korea's presidential office said on Tuesday. Zelenska, the wife of Ukrainian President Volodymyr Zelenskiy, is visiting South Korea to participate in a media conference. In an interview with South Korea's Yonhap news agency published on Tuesday, Zelenska expressed willingness to invite Yoon to her country, saying such a visit would be "very supportive" to Ukrainians. She also warned against the risk of war fatigue and called for "more radical" support for Ukraine to fight against Russia's aggression. South Korea, a major producer of artillery shells, has said it was not providing lethal weapons to Ukraine, citing its relations with Russia.

☆ South Korea's Yoon says nuclear consultative group upgrades U.S. alliance
▼ + stars: | 2023-05-02 | by ( ) www.reuters.com time to read: +1 min

SEOUL, May 2 (Reuters) - South Korean President Yoon Suk Yeol said on Tuesday that a planned nuclear consultative group and new partnerships on supply chains and science and technology are an "upgrade" to the country's alliance with the United States. Yoon held a summit with U.S. President Joe Biden in Washington last week, during which they agreed to step up nuclear planning over North Korea by launching the consultative group, as anxiety grows in Seoul over Pyongyang's weapons programmes and the American nuclear umbrella. The summit also produced agreements on cyber security, electric vehicles and batteries, quantum technology, foreign assistance and economic investment. "The alliance has gotten a nuclear-based upgrade, and expanded to include supply chain, industrial and science and technology alliances," Yoon told a cabinet meeting. Reporting by Hyonhee Shin; Editing by Christian SchmollingerOur Standards: The Thomson Reuters Trust Principles.

☆ South Korea's Yoon sings 'American Pie' at White House state dinner
▼ + stars: | 2023-04-27 | by ( Jeff Mason | Thomson Reuters | Jeff Mason Is A White House Correspondent For Reuters. He Has Covered The Presidencies Of Barack Obama | ) www.reuters.com time to read: +1 min

[1/5] U.S. President Joe Biden gifts a guitar signed by artist Don McLean to South Korea's President Yoon Suk Yeol at an official State Dinner, during Yoon Suk Yeol's visit, at the White House in Washington, U.S. April 26, 2023. REUTERS/Evelyn HocksteinWASHINGTON, April 26 (Reuters) - It turns out South Korean President Yoon Suk Yeol can sing. When the singers finished, President Biden and President Yoon took the stage and Biden invited Yoon, because of his love of the song, to give it a whirl himself. "Something touched me deep inside, the day the music died," he finished, sparking a standing ovation and loud applause from the audience and the Broadway singers, who were still on stage. Biden told Yoon he had "no damn idea" he could sing, and then presented him with a guitar signed by Don McLean, who wrote the song.

[1/4] South Korean President Yoon Suk Yeol delivers remarks to the U.S.-Korea Business Council at the U.S. Chamber of Commerce in Washington, D.C., U.S., April 25, 2023. He said the two countries' economies had been facing new challenges and the economic slowdown was unsettling the investment environment. "Competition for technological hegemony, energy issues and climate crises are casting more uncertainties on business activity day by day," Yoon said. "This cooperation should extend beyond semiconductors to future emerging technologies such as AI, Quantum, SMR (Small Modular Reactors) and more," Yoon said. Core technologies from the United States and South Korea's advanced manufacturing capabilities would "create enormous synergies that will benefit both countries," he said.

☆ S.Korea's Yoon to meet Biden as doubts grow over nuclear umbrella
▼ + stars: | 2023-04-24 | by ( Hyonhee Shin | ) www.reuters.com time to read: +4 min

More than 64% supported South Korea developing its own nuclear weapons, with about 33% opposed. Yoon has been pushing to boost South Korea's say in operating the U.S. extended deterrence but exactly what that might entail has not been spelt out. A senior U.S. official said on Friday that Biden, during the summit with Yoon, would pledge "substantial" steps to underscore U.S. commitments to deter a North Korean nuclear attack. South Korea, a major producer of artillery shells, says it has not provided lethal weapons to Ukraine, citing its relations with Russia. South Korea tries to avoid antagonising Russia, due chiefly to business interests and Russian influence over North Korea.

☆ South Korea's Yoon to visit US on April 24-30, Yonhap reports
▼ + stars: | 2023-04-20 | by ( ) www.reuters.com time to read: 1 min

SEOUL, April 20 (Reuters) - South Korean President Yoon Suk Yeol will visit the United States on April 24-30 for a summit with President Joe Biden, Yonhap news agency reported on Thursday. The two leaders are scheduled to hold a summit and joint news conference on April 26, and Yoon will deliver a speech to the U.S. Congress on April 27, Yonhap said. Yoon's trip would mark the South Korean leader's first state visit to the United States since 2011, and the 70th anniversary of the two countries' alliance. Reporting by Hyonhee Shin; Editing by Christian SchmollingerOur Standards: The Thomson Reuters Trust Principles.

It was the first time that Seoul suggested a willingness to provide weapons to Ukraine, more than a year after ruling out the possibility of lethal aid. During the summit, Yoon said he will seek "tangible outcomes" on the allies' efforts to improve responses to evolving threats from North Korea, which has ramped up military tests, and launched its first solid-fuel intercontinental ballistic missile last week. In February, South Korea and the U.S. staged table-top exercises simulating a North Korea nuclear attack as part of Seoul's efforts to play a bigger role in Washington's nuclear policy over the North. "I think there's no big problem if Japan is joining, but since there's been much progress between the U.S. and South Korea, it would be more efficient to create this system ourselves first." "The Taiwan issue is not simply an issue between China and Taiwan but, like the issue of North Korea, it is a global issue."

☆ South Korea and Japan's finance ministers to hold first bilateral talks in 7 years
▼ + stars: | 2023-04-17 | by ( ) www.reuters.com time to read: +1 min

SEOUL/TOKYO, April 17 (Reuters) - South Korea and Japan's finance ministers will hold a bilateral meeting early next month for the first time in seven years, heralding closer cooperation in economic policy that has been hampered by diplomatic conflict. South Korean Finance Minister Choo Kyung-ho told reporters during a visit to the United States that he has agreed to meet Japanese Finance Minister Shunichi Suzuki, according to a media pool report. "It is significant in that it will be the first step toward reviving regular bilateral meetings," Choo said, without elaborating. Regular annual meetings between the two countries' finance ministers have been suspended since 2016 due to disputes over wartime history. Financial markets will likely pay close attention to whether the finance ministers will discuss resuming a bilateral currency swap arrangement - one that had served as backstop against any potential currency crisis but which expired in February 2015.

☆ S.Korea's Yoon calls strategy meeting to boost chip, battery sectors
▼ + stars: | 2023-04-10 | by ( ) www.reuters.com time to read: +1 min

SEOUL, April 10 (Reuters) - South Korean President Yoon Suk Yeol ordered on Monday a national strategy meeting to boost the competitiveness of the country's rechargeable battery and semiconductor sectors, a presidential spokesperson said. South Korea's economy, heavily dependent on trade and chip exports, has been decelerating in the face of a weakening global economy and still-sluggish demand from neighbouring China. Local consumers are also holding back on spending after interest rate rises. South Korean battery and chip shares rallied in early trade on Monday. Reporting by Choonsik Yoo and Hyunsu Yim; Editing by Tom Hogue and Jamie FreedOur Standards: The Thomson Reuters Trust Principles.

☆ Top security aide for S.Korea's Yoon offers to resign
▼ + stars: | 2023-03-29 | by ( ) www.reuters.com time to read: +1 min

SEOUL, March 29 (Reuters) - A top security adviser for South Korean President Yoon Suk Yeol said on Wednesday he had offered to step down. His resignation comes ahead of Yoon's summit with U.S. President Joe Biden next month. Media reports said earlier National Security Adviser Kim Sung-han could be replaced over planning issues related to Yoon's visit to Washington. He added that Yoon's upcoming trip to the United States was being well prepared so his successor could take over smoothly. Yoon nominated Cho Tae-yong, ambassador to the United States, as Kim's successor, Yonhap news agency reported following the announcement.

Yoon announced the decision at a cabinet meeting, saying South Korea and Japan should make efforts to remove obstacles that hinder developing bilateral ties. "I will preemptively order our trade minister today to begin necessary legal procedures to have Japan back on our white list," Yoon told the meeting, which was televised live. "I'm sure Japan will respond if South Korea first starts removing the obstacles." South Korea and Japan removed each other from the list in 2019 amid a decades-old row over a 2018 South Korean court order for Japanese companies to compensate forced labourers during Japan's 1910-45 occupation of Korea. "It's time for South Korea and Japan to go beyond the past," Yoon said.

☆ South Korea's Yoon arrives in Tokyo hours after North's missile launch
▼ + stars: | 2023-03-15 | by ( Sakura Murakami | ) www.reuters.com time to read: +4 min

[1/6] South Korea's President Yoon Suk Yeol and his wife Kim Keon-hee arrive at Tokyo International Airport (Haneda Airport) in Tokyo, Japan March 16, 2023. Before Yoon's flight, North Korea fired a long-range ballistic missile, which landed in the sea between the Korean peninsula and Japan, emphasising both the urgency of regional security and the threat posed by North Korea. "There is an increasing need for (South) Korea and Japan to cooperate in this time," Yoon said in a written interview with international media on Wednesday, calling both North Korea's nuclear and missile threats and supply chain disruptions a "polycrisis". South Korea and Japan at the time agreed to exchange real-time intelligence on North Korea's missile launches, which experts say will help both countries better track potential threats. Tokyo worries that Russia's invasion of Ukraine has set a precedent that will encourage China to attack self-ruled Taiwan.

"There is an increasing need for Korea and Japan to cooperate in this time of a polycrisis, with North Korean nuclear and missile threats escalating and global supply chains being disrupted," Yoon said. Yoon's visit also comes as North Korea has been raising tensions in the region weapons test, including the latest launch of two short-range ballistic missiles into the sea off its east coast on Tuesday. South Korea, the United States and Japan must further strengthen security cooperation to deter North Korea, Yoon said, adding that he expected GSOMIA, an intelligence-sharing pact with Japan, to be "invigorated" as the two countries restore trust. South Korea has been conditionally maintaining the pact, which is intended to help the two countries share information on North Korea's missile and nuclear activities. Yoon denounced North Korea for focusing on its "reckless" weapons programmes when the country's food shortages have "grown worse" and said South Korea "will never acknowledge North Korea as a nuclear state under any circumstances."

The summit is the same week as major South Korea-U.S. military drills that routinely anger Pyongyang, and North Korea has already staged multiple missile launches - a backdrop for the message that Japan, South Korea and the United States need to close ranks. In November South Korea and Japan agreed to exchange real-time intelligence on North Korea's missile launches, which experts say will help both countries better track potential threats. "South Korea is already taking a side and entering the Cold War," said Kim Joon-hyung, a former chancellor of the Korean National Diplomatic Academy. Yoon said high-tech cooperation on supply chains between Japan and South Korea would contribute significantly to economic security. 'SHARED INTERESTS'Washington had pressed for reconciliation, but a State Department spokesperson said the recent arrangements were the result of bilateral discussions between Japan and South Korea.

☆ South Korea's Yoon to meet Japan's Kishida in Tokyo on Thursday
▼ + stars: | 2023-03-14 | by ( ) www.reuters.com time to read: +1 min

[1/2] FILE PHOTO-South Korea's President Yoon Suk Yeol speaks during a ceremony of the 104th anniversary of the March 1st Independence Movement Day against Japanese colonial rule, in Seoul on March 1, 2023. Jung Yeon-Je/Pool via REUTERSSEOUL, March 14 (Reuters) - South Korean President Yoon Suk Yeol will travel to Japan for talks on Thursday with Prime Minister Fumio Kishida, a South Korean official said, days after South Korea announced a plan to end a row between the U.S. allies over wartime forced labour. Yoon's two-day visit to Japan from Thursday will be the first such trip by a South Koran leader in 12 years. "This visit ... will be an important milestone in the improvement of relations between South Korea and Japan which has been promoted by the Yoon administration since inauguration," Yoon's national security adviser, Kim Sung-han, told a briefing on Tuesday. South Korea announced last week that its companies would compensate victims of forced labour under Japan's colonial rule from 1910-1945, seeking to end a dispute that has undermined U.S.-led efforts to present a unified front against China and North Korea.

Search resuls for: "Korea's Yoon"

25 mentions found