DIRS.INFO The most relevant business & tech news

☆ 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

☆ South Koreans worry about Fukushima water; more disapprove of Yoon - poll
▼ + stars: | 2023-09-01 | by ( Hyunsu Yim | ) www.reuters.com time to read: +2 min

South Korean people chant slogans during a protest against Japan’s discharge of treated radioactive water from the wrecked Fukushima nuclear power plant into the Pacific Ocean, in Seoul, South Korea, August 26, 2023. REUTERS/Kim Hong-Ji/File Photo Acquire Licensing RightsSEOUL, Sept 1 (Reuters) - A majority of South Koreans are worried about Japan's discharge of treated radioactive water from the Fukushima nuclear plant into the sea despite efforts by their government to allay fears, a poll published on Friday showed. The South Korean government, however, has said it sees no scientific problem with the water release, though stressing it does not approve of it, and banning the import of seafood from waters off Fukushima, north of Tokyo. Despite such efforts, South Korean environmental groups and many members of the public are alarmed and Yoon's disapproval rating has risen to the highest in months, a Gallup Korea poll of 1,002 people showed. The Fukushima nuclear plant was wrecked by a tsunami triggered by an offshore earthquake in 2011.

Persons: Kim Hong, Yoon Suk Yeol, Yoon, 1,321.1500, Hyunsu Yim, Jack Kim, Robert Birsel Organizations: REUTERS, Rights, South, Gallup, Gallup Korea, Thomson Locations: Seoul, South Korea, Rights SEOUL, South, Japan, China, Fukushima, Tokyo, South Korean, Gallup Korea

☆ South Korea opposition leader starts hunger strike over government policy
▼ + stars: | 2023-08-31 | by ( Hyunsu Yim | ) www.reuters.com time to read: +2 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. Lee Jae-myung, leader of the Democratic Party of Korea, listed an assortment of reasons for his protest at a news conference, without saying how long his hunger strike would last. South Korea has said it neither supports nor agrees with Japan's action, unlike China, which opposed the plan. Yoon's approval ratings slipped slightly to 34% according to a Gallup poll released on Friday, with foreign policy and the Fukushima water issue cited as factors behind his high disapproval ratings. Opposition leader Lee has had his own problems since becoming the head of his party a year ago, just months after he lost the presidential election.

Persons: Lee Jae, myung, Kim Hong, Lee, Yoon Suk Yeol, Hyunsu Yim, Simon Cameron, Moore Organizations: South Korea's Democratic Party, REUTERS, Rights, Democratic Party of Korea, Gallup, Thomson Locations: Seoul, South Korea, Rights SEOUL, Japan, China, North Korea

☆ China's growing aggression will be in focus as U.S. closes ranks with Japan and South Korea
▼ + stars: | 2023-08-18 | by ( Sumathi Bala | ) www.cnbc.com time to read: +6 min

President Joe Biden will unveil the measures with Japanese Prime Minister Fumio Kishida and South Korean President Yoon Suk Yeol at Camp David on Friday, said Kurt Campbell, the White House coordinator for Indo-Pacific affairs. Most countries in the region have "deep, profound economic and political interests," and a "steady and stable relationship" with China, Campbell added. watch nowChina has "warned Tokyo and Seoul against pursuing greater trilateral security cooperation with Washington, but its diplomatic pressure is backfiring," they added. "What President Yoon and Prime Minister Kishida have done has defied expectations. In March, Yoon's government announced a landmark agreement over compensation payments for South Korean victims of Japanese wartime forced labor.

Persons: Joe Biden, Fumio Kishida, Yoon Suk, Brendan SMIALOWSKI, BRENDAN SMIALOWSKI, Brendan Smialowski, David, Kurt Campbell, Camp David, Biden, Campbell, Victor Cha, Cha, Wang Wenbin, Beijing Campbell, Rahm Emanuel, Kishida, Yoon, we've, Yoon's Organizations: Japan's, South, Getty, Afp, Biden, Japanese, Center for Strategic, International Studies, Washington, White, CSIS Locations: Hiroshima, AFP, Japan, South Korea, Camp, Washington, Asia, Korea, Ukraine, Beijing, U.S, China, United States, America, America … China, warily, Eurasia, Tokyo, Seoul, South

U.S. President Joe Biden hopes to cement those ties with a summit at Camp David, the storied presidential retreat in Maryland's Catoctin Mountains, this Friday. To be sure, previous efforts to build closer ties between South Korea and Japan have stumbled. China blasted the move, seizing on a chance to embarrass Tokyo ahead of the Camp David summit. No specific action by the trio in Camp David is expected to sharply escalate rhetoric with Beijing. Just last month, Kim hosted Russia's defense minister and a Chinese Communist Party Politburo member in Pyongyang for an event celebrating the end of the 1950-1953 war between North and South Korea.

Persons: Joe Biden, Kevin Lamarque, Yoon Suk, didn't, Yoon, Biden, Camp David, Dennis Wilder, George W, Bush, Kishida, Kim Tae, hyo, David, Donald Trump, Kurt Campbell, East Asia Mira Rapp, Hooper, Xi Jinping, Kim Jong, Kim, Trevor Hunnicutt, David Brunnstrom, Hyonhee Shin, Josh Smith, Tim Kelly, Sakura Murakami, Don Durfee, Alistair Bell Organizations: White, REUTERS, South, Camp, Georgetown University, Republican, East Asia, NATO, Chinese Communist Party Politburo, Thomson Locations: Washington , U.S, WASHINGTON, SEOUL, TOKYO, Japan, South Korean, North Korea, Seoul, Tokyo, East Asia, Taiwan, U.S, Camp, Maryland's Catoctin, South Korea, Korean, China, Korea, Washington, Pacific, Beijing, Russia, Pyongyang, North

By accepting an International Atomic Energy Agency (IAEA) report last month that greenlit Japan's Fukushima water release, Yoon could encourage fresh dissent that China will try to amplify, analysts say. On Monday, Park Gu-yeon, vice minister of government policy coordination at the prime minister's office, said both sides have made "substantial progress" on the water release issue. A senior South Korean official, speaking on condition of anonymity because of diplomatic sensitivity, said the government did not see it as a source of friction. "China absolutely will try to exploit Fukushima to drive a wedge between South Korea and Japan," said David Boling, a director at consulting firm Eurasia Group. In July, Chinese foreign ministry spokesman Wang Wenbin said Japan had shown selfishness and arrogance, and had not fully consulted the international community about the water release.

Persons: Rafael Mariano Grossi, Kobayakawa, Joe Biden, Yoon Suk Yeol, Fumio Kishida, Biden, David, Yoon, Japan Rahm Emanuel, Moon Jae, Christopher Johnstone, Antony Blinken, they've, David Boling, Joshua Kurlantzick, Wang Wenbin, Hirokazu Matsuno, Tim Kelly, Sakura Murakami, Hyonhee Shin, Josh Smith, David Brunnstrom, Trevor Hunnicutt, Ekaterina Golubkova, Lun Tian, Yoshifumi, Gerry Doyle Organizations: International Atomic Energy Agency, Tokyo Electric Power Co, Japanese, Reuters, U.S, IAEA, Biden's National Security Council, Center for Strategic, International Studies, Japan, South Korean, South, Gallup, Eurasia Group, Council, Foreign Relations, Global Times, Thomson Locations: Futaba, Japan, TOKYO, SEOUL, South Korea, Tokyo, China, Washington, East Asia, Taiwan, Beijing, Russia, North Korea, United States, Australia, Britain, Seoul, Seoul . U.S, Fukushima, Korean

[1/2] The South Korean and American flags fly next to each other at Yongin, South Korea, August 23, 2016. Officials from the United States and South Korea are meeting on Tuesday in Seoul for the first Nuclear Consultative Group discussion, aimed at better coordinating allied nuclear response in the event of a war with North Korea. China and North Korea have criticised the group's formation as further raising tensions on the Korean peninsula. When asked whether South Korea will have a role in U.S. nuclear war planning, a senior U.S. administration official told Reuters the group was more about sharing information. "We will discuss information sharing, consultation system, steps for joint planning and implementation to strengthen nuclear deterrence against North Korea," Yoon's spokesperson, Lee Do-woon, told reporters on Monday.

Persons: Ken Scar, Yoon Suk Yeol, Yoon, Kim Tae, Pacific Affairs Kurt Campbell, Lee, woon, General John Weidner, Josh Smith, Steve Holland, David Brunnstrom, hyang Choi, Ed Davies, Stephen Coates Organizations: . Army, REUTERS, Nuclear, Monday, South, Reuters, South Korea's, . National Security, Pacific Affairs, . U.S, U.S . Forces, Thomson Locations: Yongin, South Korea, SEOUL, United States, North Korea, Seoul, Korea, U.S, Washington, China, ., U.S . Forces Korea, Lincoln

☆ South Korea to provide more demining equipment to Ukraine
▼ + stars: | 2023-07-16 | by ( ) www.reuters.com time to read: +1 min

SEOUL, July 16 (Reuters) - South Korea will provide more demining equipment to Ukraine, a South Korean official said on Sunday, following President Yoon Suk Yeol's visit to Kyiv on the weekend where he pledged more military and humanitarian aid in the fight against Russia. "We are thinking to expand support on mine detectors and demining equipment as Ukraine's demand for them was assessed to be desperately huge," Yoon's deputy national security adviser, Kim Tae-hyo, told a briefing. South Korea is a U.S. ally and major arms exporter but it has been resisting Western pressure to help arm Ukraine directly, citing business ties with Russia and Moscow's influence over North Korea. In a press conference after the meeting on Saturday, Yoon has said South Korea will 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. Reporting by Soo-hyang Choi; Editing by Michael PerryOur Standards: The Thomson Reuters Trust Principles.

Persons: Yoon Suk, Kim Tae, Yoon, Volodymyr Zelenskiy, Soo, hyang Choi, Michael Perry Organizations: South Korean, Russia, NATO, Thomson Locations: SEOUL, South Korea, Ukraine, Kyiv, Lithuania, Poland, U.S, Russia, North 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 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

☆ 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

REUTERS/Kim Hong-Ji/File PhotoSEOUL, June 29 (Reuters) - South Korean President Yoon Suk Yeol on Thursday picked a conservative scholar and an outspoken critic of North Korea's human rights record as the country's new unification minister handling relations with Pyongyang in a cabinet reshuffle. Kim, 63, served as a presidential secretary for unification and a human rights envoy under the conservative Lee Myung-bak and Park Geun-hye administrations. North Korea has long rejected criticism of its rights conditions as part of a plot to overthrow its rulers. Kim is the right person to pursue a "principle-based" and consistent North Korea policy, said Yoon's chief of staff, Kim Dae-ki. The unification ministry's role ranges from cross-border dialogue and exchanges to studying human rights abuses in North Korea and helping defectors resettle in the South.

Persons: Kim Hong, Yoon Suk, Kim Yung, Yoon, Kim, Lee Myung, Kim Jong, Kim Dae, Jang Mi, Soo, hyang Choi, Hyunsu Yim, Jack Kim, Ed Davies, Gerry Doyle Organizations: South, REUTERS, Sungshin Women's University, North, Thomson Locations: Korean, South Korean, Paju, South Korea, SEOUL, Pyongyang, North Korea, North Korean, Korea, United States

☆ South Korean leader criticises China envoy over "inappropriate" remarks
▼ + stars: | 2023-06-13 | by ( Hyonhee Shin | ) www.reuters.com time to read: +3 min

SEOUL, June 13 (Reuters) - South Korea's president stepped up criticism of China's ambassador on Tuesday, saying the envoy had been disrespectful in suggesting South Korea had made the wrong choice by siding with the United States against China. South Korea's foreign ministry summoned Xing on Friday to issue a protest and express "strong regret" over comments that the ministry said were "provocative" and a possible interference in internal affairs. South Korea has been a staunch U.S. ally for decades and is host to nearly some 28,000 U.S. troops but it has developed extensive economic ties with China in recent years. Its foreign ministry called in South Korea's ambassador on Saturday to express its "serious concern and dissatisfaction" over Seoul's "improper reaction" to Xing's comment. A Chinese foreign ministry spokesman said challenges in relations with South Korea were "not caused by China".

Persons: Xing Haiming, Xing, Yoon Suk Yeol, Yoon, Kim Seok, Park Jin, Xing's, Park, Hyonhee Shin, hyang Choi, Ed Davies, Robert Birsel Organizations: South, Foreign, Thomson Locations: SEOUL, South Korea, United States, China, U.S, South, North Korea, Korea, South Korea's, Vienna

☆ China envoy in South Korea warns of 'wrong bets' over Sino-U.S. rivalry
▼ + stars: | 2023-06-09 | by ( Hyonhee Shin | ) www.reuters.com time to read: +2 min

SEOUL, June 9 (Reuters) - South Korea might be making "wrong bets" in the Sino-U.S. rivalry, the Chinese ambassador in Seoul said, urging Seoul to stop "decoupling" from China and restore economic and diplomatic ties. Xing blamed Seoul for creating "difficulties" for bilateral ties by failing to respect Beijing's core interests, including Taiwan, while being influenced by the United States. Frankly, the blame does not lie with China," he said, according to a statement released by the embassy. Xing warned against making the "wrong judgment" on China because of the "interference of external factors" such as U.S. pressure. "In a situation where the United States is pressuring China with all its might, some are betting that the United States will win and China will lose.

Persons: Xing Haiming, Lee Jae, myung, Yoon Suk, Xing, Yoon, Hyonhee Shin, Gerry Doyle Organizations: China, Reuters, Thomson Locations: SEOUL, South Korea, U.S, Seoul, China, Taiwan, United States, Beijing

[1/5] TANAKA whose real name is Kim Kyung-wook, speaks during an interview with Reuters in Seoul, South Korea, May 16, 2023. Now Kim exemplifies the changing attitudes of young Koreans as ties with Japan thaw. DEMAND REBOUNDThe quarrels are being left behind as the enthusiasm of young Koreans fuels a sharp rebound in demand for Japanese consumer products. That compared with a 90% drop in imports of Japanese beer in 2019, when the intensifying feuds made it an early target of a sweeping boycott. "China is clearly less preferred than countries like the United States and Japan," Kim said, citing Beijing's curbs on freedom in Hong Kong and during the COVID-19 pandemic.

Persons: TANAKA, Kim Kyung, Kim Hong, Ji, Jeong, Tanaka, idolises, I've, it's, Kim, Fumio Kishida, Yoon Suk, James Kim, Hyonhee Shin, Heekyong Yang, Jimin Jung, Daewoung Kim, Clarence Fernandez Organizations: Reuters, REUTERS, South, Korea's, Relations, Asahi Group Holdings, Costco, Hankook Research, Asan Institute, Policy Studies, Thomson Locations: Seoul, South Korea, Ji SEOUL, South Korean, Japan, Tokyo, Korean, China, Russia, North Korea, United States, Hong Kong

☆ South Korea hosts its first summit with Pacific island leaders
▼ + stars: | 2023-05-29 | by ( ) www.reuters.com time to read: +2 min

SEOUL, May 29 (Reuters) - South Korean President Yoon Suk Yeol begins the country's first summit with leaders of Pacific islands on Monday, as Seoul seeks to increase its influence in a region that has become the focus of intense geopolitical rivalry. The South Korean president held bilateral talks with some of the visiting Pacific leaders over the weekend including Kiribati President Taneti Maamau and Papua New Guinean Prime Minister James Marape. Australian Defence Minister Richard Marles will also attend the Korea-Pacific Islands Summit, his office said on Saturday, adding it would show cooperation between the 18 members of the Pacific Island Forum and South Korea for a secure region. Indian Prime Minister Narendra Modi pledged more trade and development assistance in a summit with a dozen Pacific island leaders in Papua New Guinea (PNG) last week. The United States Secretary of State Antony Blinken also signed a defence agreement with PNG after a Pacific summit.

☆ 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.

☆ Canada's Trudeau to visit South Korea; focus on minerals, security
▼ + stars: | 2023-05-16 | by ( Hyonhee Shin | ) www.reuters.com time to read: +2 min

SEOUL, May 16 (Reuters) - Canadian Prime Minister Justin Trudeau will arrive in South Korea on Tuesday for a summit with President Yoon Suk Yeol as the two countries seek to boost cooperation on security and critical minerals used in batteries. Yoon and Trudeau are scheduled to hold a summit and joint press conference on Wednesday, followed by an official dinner, said Yoon's deputy national security advisor, Kim Tae-hyo. The two U.S. allies have been exploring ways to deepen cooperation on critical minerals used in electric vehicle (EV) batteries and step up intelligence sharing. Yoon and Trudeau will sign an agreement on key mineral supply chains, clean energy conversion and energy security cooperation, a South Korean government official told Reuters, requesting anonymity as the deal was not finalised. The two countries have also sought to step up security cooperation including intelligence sharing, while navigating an intensifying rivalry between the United States and China.

☆ Factbox: Old disputes overshadow visit by Japan's Kishida to South Korea
▼ + stars: | 2023-05-05 | by ( ) www.reuters.com time to read: +4 min

May 5 (Reuters) - Japanese Prime Minister Fumio Kishida will be visiting South Korean President Yoon Suk Yeol on Sunday in the latest effort to improve bilateral ties. - Relations between the two North Asian U.S. allies have been strained over disputes dating to Japan's 1910-1945 occupation of Korea. - Relations deteriorated in 2019 when Japan restricted exports of high-tech materials for making chips and display panels to South Korea. - In late March, Japan's trade ministry lifted export curbs to South Korea on the high-tech materials, while South Korea withdrew its complaint filed at the World Trade Organization on Japan's export controls. Under Yoon, South Korea has resumed trilateral military drills and agreed to more intelligence sharing on issues like tracking ballistic missile launches from North Korea.

☆ South Korea's President Yoon praised himself for singing 'very well' after launching into a rendition of 'American Pie' at the White House
▼ + stars: | 2023-05-04 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +2 min

South Korean President Yoon Suk Yeol launched into a rendition of "American Pie" at the White House. President Biden asked Yoon to sing at the state dinner, saying it was one of Yoon's favorite songs. Yoon later told members of his party that he thought he sang the song "very well." Just before the president got up on stage, three Broadway singers, including Lea Salonga and Jessica Vosk, performed "American Pie" as well. "At the next state dinner we're going to have, you're looking at the entertainment," Biden said, pointing to Yoon while the audience laughed.

☆ Japan PM Kishida to visit South Korea for summit with Yoon - sources
▼ + stars: | 2023-04-29 | by ( Kevin Buckland | ) www.reuters.com time to read: +2 min

TOKYO, April 29 (Reuters) - Japanese Prime Minister Fumio Kishida is expected to visit South Korea in coming weeks and meet with President Yoon Suk Yeol, officials said, reciprocating a Tokyo visit by the South Korean leader last month. Japan's Kyodo news agency said on Saturday the two will meet around May 7 or 8, citing multiple unnamed Japanese and South Korean diplomatic sources. Asked about reports of the bilateral summit, Kishida said in remarks broadcast by public network NHK that nothing concrete had been decided. The two sides agreed to revive shuttle diplomacy when Yoon met with Kishida in Tokyo in March, the first Japan visit by a South Korean president in 12 years. The last visit by a Japanese prime minister to South Korea was made by Shinzo Abe in 2018, according to NHK.

☆ US, South Korean leaders pledge to cooperate on forex market stability
▼ + stars: | 2023-04-27 | by ( ) www.reuters.com time to read: +1 min

April 26 (Reuters) - U.S. President Joe Biden and South Korean President Yoon Suk Yeol upgraded their commitment to cooperate on maintaining stability in foreign exchange markets at a summit on Wednesday, a senior South Korean economic official said. "It is meaningful that (the two leaders) expressed their willingness to actively cooperate for the financial stability at a higher level than before," Choi Sang-mok, senior presidential secretary for economy, told reporters in Washington. Biden and Yoon said in a statement following the summit that the two countries "will continue to consult closely on foreign exchange market developments to promote sustainable growth and financial stability". It was a reaffirmation of a commitment made last year but was an upgrade in the sense that it was included in the statement after the summit meeting held on the occasion of President Yoon's state visit, Choi said. Reporting by Choonsik Yoo; Editing by Sonali PaulOur Standards: The Thomson Reuters Trust Principles.

☆ U.S. to send nuclear submarines in new pledge to protect South Korea from North's threats
▼ + stars: | 2023-04-26 | by ( Alexander Smith | ) www.cnbc.com time to read: +5 min

The United States will deploy nuclear-armed submarines to South Korea for the first time in decades — part of a new agreement that will signal Washington's commitment to defend Seoul against rising nuclear threats from North Korea, U.S. officials said. The plan to dock the ballistic missile submarines in South Korea, which hasn't happened since the 1980's, headlines an effort to make U.S. deterrence against Kim Jong Un's regime "more visible," according to senior administration officials. President Joe Biden and his counterpart, South Korean President Yoon Suk Yeol, will unveil the new agreement in Washington on Wednesday, the officials said. In return, an official added, South Korea would reaffirm its commitment to the Nuclear Nonproliferation Treaty, known as the NPT, which bars countries from seeking nuclear weapons. Yoon's visit follows the largest U.S.-South Korea joint military exercises in years, aimed largely at countering the North Korean nuclear threat.

WASHINGTON, April 26 (Reuters) - President Joe Biden and South Korean leader Yoon Suk Yeol are expected to agree on Wednesday to deepen collaboration meant to deter nuclear escalation by North Korea amid heightened anxiety about its growing arsenal of missiles and bombs, U.S. officials said. The Republic of Korea is South Korea's official name. The officials stressed that no U.S. nuclear weapons would be returned to the peninsula, and South Korea would continue not to have control over the U.S. nuclear arsenal. South Korea will also reaffirm its commitment to the nuclear non-proliferation treaty and its non-nuclear status, they said. It is only the second state visit Biden has hosted since he took office two years ago - the first such guest was France's president.

The top-tier Asian economic data cupboard on Thursday is bare, meaning regional markets will probably feed off U.S. earnings, banking sector woes, debt ceiling developments and geopolitical events for direction. This was followed up on Wednesday by Meta (META.O), whose shares surged 12% after hours after the company’s strong earnings beat. First Republic Bank's (FRC.N) shares plunged to another record low, but PacWest Bancorp (PACW.O) jumped 8% after beating estimates and stemming deposit outflows. The yuan was used in 48.4% of transactions, Reuters calculated, while the dollar's share declined to 46.7%. China added to its Treasuries holdings in February, but not enough to make up for the fairly heavy selling in January.

Search resuls for: "Yoon's"

25 mentions found