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Hybe Corporation is the largest and listed on the blue-chip Kospi, while SM Entertainment, JYP Entertainment and YG Entertainment are on the small-cap Kosdaq. Physical sales have historically accounted for the lion's share of a label's revenue, Kim said, and has also been the most profitable segment. High physical sales, she explained, represent the number of fans, which, by extension, quantifies the addressable market for a company. watch nowDeclining physical album sales not only hits earnings, but also raises questions about whether the investment thesis of "continual high growth" has collapsed. "A physical album is useless and even a burden because it occupies space.
Persons: Jimmy Fallon, Hybe, Yoon Suk Yeol, Danielle, Hyein, NewJeans, Gary Miller, Blackpink, Kim Gyuyeon, Lisa, Jennie, Emma McIntyre, Emma Mcintyre, Kim, Simply, Mirae's Kim Organizations: NBC, NBCUniversal, Getty, Hybe, SM Entertainment, JYP Entertainment, YG Entertainment, SM, YG, YouTube, Spotify, CNBC, Park, Filmmagic, Coachella, London's, Big, Mirae Asset Securities, BTS, Valley Music, Arts Festival, JYP, Seoul Economic, South Locations: United States, Southeast Asia, Korean, CHICAGO , ILLINOIS, Chicago , Illinois, South, U.K, INDIO , CALIFORNIA, Indio , California, Seoul
Issues range from China and Taiwan to the Middle East to the Ukraine war. AP Photo/Evgeniy MaloletkaOver two and a half years in, the war in Ukraine has no immediate end in sight. Trump has said, without reason or evidence, that he'd end the Ukraine war in 24 hours and has repeatedly threatened to undermine the NATO alliance's collective defense. Tensions with North KoreaSince North Korea's failure in Hanoi at the Trump summits in 2019, the nation's trajectory has shifted upwards. Spencer Platt and Brandon Bell/Getty ImagesBoth Trump and Harris find themselves running for president at a particular tense time in global politics.
Persons: , Donald Trump, Kamala Harris, Trump's, he's, Harris, Joe Biden's, Trump, Biden, Daniel Ceng, Amir Cohen, Benjamin Netanyahu, Yoon Suk, Spencer Platt, Brandon Bell Organizations: Service, Business, NATO, Hamas, Anadolu, Getty, Pentagon, Pacific Command, Trump, Reuters, Human Rights Watch, Gaza Health Ministry, US, Israel, VIA KNS, Getty Images, South Locations: China, Taiwan, Ukraine, Gaza, Russia, North Korea, Kursk, China China, Anadolu, Philippines, South China, Philippine, Beijing, Israel, Iran, Gulf of Oman, North, Hanoi, AFP, Korea, Pyongyang
Seoul, South Korea CNN —South Korea’s badminton gold medalist An Se-young envisioned a glorious return from Paris, popping open a bottle of champagne with the coveted medal around her neck. The country was busy celebrating her triumph, until the athlete began calling out alleged mistreatment that she said she had endured for seven years, when she joined the national team. “I was so disappointed,” An said of the national team, accusing it of poorly managing her injuries. South Korea’s badminton team won An’s gold medal in women’s singles and a silver in mixed doubles in Paris. Alex Pantling/Getty ImagesIn Paris, the country had four badminton coaches in addition to head coach Kim who supervised all of Korea’s badminton matches — men’s and women’s singles, men’s doubles, women’s doubles and mixed doubles.
Persons: peppering, , China’s, , Ahn Young, Li, ning, ning China Masters, Kim Hak, Yonhap, Alex Pantling, Kim, Shim Suk, I’ve Organizations: South Korea CNN, Korean Badminton Association, Olympics, South, La Chapelle Arena Court, Hangzhou Asian Games, Incheon International Airport, Samsung Life, Kumamoto Masters Japan, ning China, News Agency, Investigations, Culture, Tourism Ministry, Games, Korea Sport Locations: Seoul, South Korea, Paris, South, South Korean, Hangzhou, Incheon, Kumamoto, Eastern, Korea
Paris CNN —Olympics organizers have “deeply apologized” to South Korea over a “human error” that saw its 143 athletes wrongly introduced as North Korean at the opening ceremony. The mishap occurred on Friday, when the South Korean athletes made their debut on a boat cruising down the River Seine. Both the French and English announcements falsely identified them as being from the “People’s Democratic Republic of Korea.”That’s the full name of North Korea. South Korea’s Sports Ministry has said it “expresses regret” over the introduction of the South Korean delegation during the opening broadcast. Olympics organizers have “deeply apologized” to South Korea over a “human error” that saw its 143 athletes being wrongly introduced as North Korean at the opening ceremony.
Persons: , Thomas Bach, Yoon Suk, Republic of Korea …, Mark Adams, Organizations: Paris CNN —, South, , Democratic, International Olympic Committee, South Korean, Olympic Games, National Olympic Committee, IOC, ” Reuters, Korea’s Sports, Paris Locations: South Korea, Korean, Democratic Republic of Korea, North Korea, Republic of Korea, Covid, Beijing, Japan, Pyongyang, Seoul
CNN —US Defense Secretary Lloyd Austin will hold a trilateral meeting with his Japanese and South Korean counterparts in Tokyo on Sunday local time, the first of its kind in 15 years, a senior US defense official said. The trilateral meeting came nearly one year after President Joe Biden held the first stand-alone summit with Japanese Prime Minister Fumio Kishida and South Korean President Yoon Suk Yeol at Camp David in August 2023. “We’ve made enormous progress, trilateral since the Camp David summit, with early warning missile data sharing real time with a trilateral exercise plan,” the US senior defense official said. There is no intention to integrate Japanese forces into the US commands, according to the official. And they’ll be doing that side by side with Japanese forces like never before.”
Persons: Lloyd Austin, Joe Biden, Fumio Kishida, Yoon Suk, David, Kishida, “ We’ve, Austin, Organizations: CNN, US, Korean, Japanese, South, , US Forces Japan, USF, Operations Command, Pacific Command, 5th Air Force Locations: Tokyo
Is 100 Days Enough Time to Pick a Leader? But in many other democracies, an official election period sets out when candidates can debate, make speeches and run political ads (often with strict spending limits). “We know from other countries that 100 days is plenty of time for a healthy campaign,” said Mr. Tama. “Most campaigns in different countries are in the range of a few weeks to several months.”Even in India, the largest democracy in the world, the official campaign only starts a little over a month before voting begins. And in India in 2014, Narendra Modi had six months after his party chose him as leader to wage his successful campaign for prime minister.
Persons: Kamala Harris, Mexico Claudia Sheinbaum, Philippines Ferdinand Marcos Jr, Justin Trudeau, Italy Giorgia Meloni, Brazil Luiz Inácio Lula da Silva, Anthony Albanese, France Emmanuel Macron, Indonesia Joko, Keir Starmer, India Narendra Modi, Korea Yoon Suk Yeol, Japan Fumio Kishida, Donald J, Trump, Jordan Tama, , , Tama, Biden’s, Lyndon B, Johnson, Harris, Narendra Modi Organizations: Voters, American University, American, United, Electoral College, Labour, Conservative Locations: Mexico, Philippines, Italy, France, Indonesia, India, Korea, Japan, Canada, United States
Weeks into North Korea’s campaign of launching balloons loaded with trash across the world’s most heavily armed border, some of them hit a symbolically significant target in South Korea on Wednesday: the presidential office in the heart of Seoul, the capital. North Korea has released more than 3,000 of the trash balloons since May, many of which have reached the South after floating across the Demilitarized Zone between the two nations. On Wednesday, for the first time, some of them landed inside the sprawling compound in central Seoul that includes the office of President Yoon Suk Yeol. The authorities did not say exactly how many had reached the compound, one of the most tightly guarded places in South Korea. The team found “nothing dangerous or contaminating,” South Korea’s presidential security service said in a brief statement​.
Persons: Yoon Suk Organizations: Officials Locations: South Korea, Seoul, North Korea
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
Tokyo CNN —America’s two most powerful allies in the Pacific are taking their defense ties to new heights amid increasing concerns over China’s assertiveness in the region and North Korean threats, Japan’s top general said Thursday. Yoshida called on Japan, South Korea and the United States to “demonstrate our strong unity domestically and globally to ensure regional peace and stability.”But bilateral cooperation between Japan and South Korea is the most noteworthy result of this week’s meeting in Tokyo. Kim said he and Yoshida “share a lot of the same thoughts,” an acknowledgment of the mutual perspective on the regional threat posed by China and North Korea. Last month, Japan and South Korea joined the US in the inaugural Freedom Edge in the Pacific, a military exercise that focused on ballistic missile and air defense, anti-submarine warfare and more. “Domestic politics remain complicated in Seoul and Tokyo, but policymakers and military professionals want to lock in coordinated responses to North Korea, Russia, and China before any major political changes occur in Washington,” Easley said.
Persons: Tokyo CNN —, China’s, CQ, Kim Myung, Yoshihide Yoshida, , Yoshida, South Korea’s Kim, Kim, Yoshida “, James Brown, Yoon Suk Yeol, Moon Jae, Brown, they’ve, Japan ”, Joe Biden’s, Biden, Joe Biden, Fumio Kishida, Camp David, Andrew Harnik, Lloyd Austin, , ” Leif, Eric Easley, ” Easley Organizations: Tokyo CNN, Joint Chiefs, CQ Brown, South, East, , Temple University, Tokyo ., Japan's, Camp, US, Korean, Japanese Defense Ministry, NATO, CNN, Ewha Womans University Locations: China, East China, South China, North Korea, , Russia, Japan, South Korea, United States, Tokyo, South, Seoul, Pacific, Camp, Singapore, Washington, Europe
The echoes of well-known North Korean songs celebrating friendship spilled into nearby neighborhoods, as families filled booths serving both North and South Korean treats such as the deep-fried confection yakgwa, and fruit punch, or hwachae. A booth at the Defectors' Day festival sells North Korean styles of traditional treats, including watermelon punch (hwachae) and the deep-fried sweet yakgwa. Maybe there (are) many thousands of thousands of North Korean defectors who want to come to (South) Korea and have a prosperous life. “We express our respect and applause to the 34,000 North Korean defectors who are pioneering new lives every day (in South Korea), he said. “I didn’t know that a day like Defectors’ Day would happen, but now that it has been established, I feel like I have to work harder,” she said.
Persons: , Kim Jong Un, Mike Valerio, , resettling, , Daeheyon, , ’ ”, , Kwon Ji, Yoonjung Seo, Yoon Suk Yeol, ” Yoon, “ It’s, Han Bong, he’d Organizations: South Korea CNN —, North, South, CNN, , Sunday, Blue House Locations: Seoul, South Korea, North Korea, Pyongyang, North, South, Korean, China, Asia, South Koreans, Korea, North Koreans
Incumbents pay the price in year of global elections
  + stars: | 2024-07-09 | by ( Stephen Collinson | ) edition.cnn.com   time to read: +13 min
And elections in Taiwan and South Korea proved the dynamism of the idea that free elections can promote stable governance. The two round French election system once again kept the far-right out of power on Sunday but Macron’s gamble didn’t exactly pay off. An era of political turmoil now looms with a hung parliament, a likely shaky coalition and instability ahead of the next presidential election in 2027. Kevin Coombs/ReutersIndonesiaPrabowo Subianto, a former army general, won the presidential election in the world’s fourth most populous nation, which is home to its largest Muslim population. IranIran wasn’t supposed to have a presidential election this year.
Persons: El, they’ve, Donald Trump’s, Joe Biden, Trump —, Ursula von der Leyen, Emmanuel Macron, Le, Macron, Keir Starmer, Kevin Coombs, Suharto, Narendra Modi, Adnan Abidi, Imran Khan, Nawaz, Asif Ali Zardari, Benazir Bhutto, Sheikh Hasina, Vladimir Putin, Alexey Navalny, Putin, El Salvador, Nayib Bukele, , Bukele, Claudia Sheinbaum Pardo, ObturadorMX, Claudia Sheinbaum, Andrés Manuel López Obrador, Sheinbaum, Lai Ching, Yoon Suk Yeol, André Ventura, Peter Pellegrini, Robert Fico, Fico, Nelson Mandela —, , Macky Sall, Sall, Bassirou Diomaye Faye, Ebrahim Raisi, Ayatollah Ali Khamenei, Masoud Pezeshkian, ultraconservative Saeed Jalili, Pezeshkian Organizations: CNN, European Union, United States –, France, European People’s Party, Popular Front, Britain Voters, Conservative, Labour Party, Reuters, Reuters Indonesia Prabowo, Bharatiya Janata Party, BJP, Pakistan Muslim League, Pakistan People’s Party, Bangladeshi, Kremlin, El, El Salvador Strongman, El Salvador —, Getty, Democratic Progressive Party, Portugal Incumbents, Democratic Alliance coalition, Putin, Russian, South Africa Voters, National Congress, ANC, Democratic Alliance Locations: France, Britain, Iran, El Salvador, Slovakia, Russia, Indonesia, Mexico, South Africa, United States, India, Senegal, Taiwan, South Korea, Germany, London, Reuters Indonesia, Subianto, New Delhi, Reuters Pakistan, Pakistan, , Bangladesh, South Asia, America, China, Beijing, Portugal, Ukraine, Europe, Senegal Senegal, Africa, Sall, Iran Iran, Islamic Republic
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Though some say right-wing movements are on the rise globally, in this year's elections, that's not universally the case. Andy Soloman/UCG/Universal Images Group via Getty ImagesIn short, voters are just fed up — no matter who's in charge. Voters want a chanceGlobally, it's not hard to see an anti-establishment, anti-incumbency trend playing out. So-called "double haters" — voters who dislike both Trump and Biden — have made up an influential chunk of the electorate in recent polls.
Persons: , that's, Brian Greenhill, Rishi Sunak's, Andy Soloman, Greenhill, Keir Starmer, Rishi, Emmanuel Macron's, Narendra Modi's, Yoon Suk, Joe Biden, Donald Trump, de, Richard Wike, Sweden —, Wike, Mike Kemp, there's, Biden —, Biden, it's Organizations: Service, Business, SUNY, Environmental, Getty, Voters, Labour, Conservative Party, Reuters, African National Congress, NPR, de Maismont, Pew's, Research, Pew Research, Trump Locations: India, France, SUNY Albany, South Korea, , United States, AFP, Canada, Germany, Greece, Italy, Japan, Netherlands, Spain, Sweden, America
Tokyo CNN —Japanese prosecutors have charged a US Air Force member with allegedly kidnapping and raping an underage girl just before Christmas last year, Okinawa police confirmed to CNN on Wednesday. Washington was released on bail and transferred to the Kadena US Air Base in Okinawa for custody, according to a government spokesperson. The court’s spokesperson told CNN they do not have any details regarding the airman’s legal representation. The embassy told CNN in a phone call to contact Kadena Air Base, where Washington was based, for information on the case. CNN has contacted Kadena Air Base for comment.
Persons: Brennon, , Denny Tamaki, , Alvin G, Nelson III, ” Nelson, Masataka Okano, Rahm Emanuel, Joe Biden, Fumio Kishida, Yoon Suk, David, Biden Organizations: Tokyo CNN, US Air Force, Okinawa, CNN, Kadena US Air Base, Ospreys, Okinawa Gov, Kadena Air Base, Kadena, US Navy, Mount, Japan’s, Foreign Affairs, Washington, Japanese Foreign Ministry, Embassy, Japanese, South Locations: . Washington, Naha, Okinawa’s, Washington, Okinawa, Tokyo, China, North Korea, ” Washington, Japan, curfews, Beijing
Seoul, South Korea CNN —A fire at a lithium battery factory in South Korea Monday killed at least 22 people, most of them foreign nationals, local officials said. It was extinguished around 3:10 p.m, and firefighters were able to enter the factory, said Hwaseong Fire Department official Kim Jin-young in a briefing. Rescue workers recovered a number of burned bodies, Kim said, and one person died due to cardiac arrest. Emergency personnel carry the body of a person killed in a fire at a lithium battery factory owned by South Korean battery maker Aricell on June 24, 2024. South Korean President Yoon Suk Yeol ordered the Interior and Safety Ministry and the head of the fire department to “make all-out efforts” to rescue people by “mobilizing all available personnel and equipment.”Parts of the lithium battery factory were burned following a fire in Hwaseong, South Korea on June 24, 2024.
Persons: Kim Jin, Kim, Kim Hong, Yoon Suk Yeol Organizations: South Korea CNN, Fire Department, South, Reuters, Interior, Safety Ministry Locations: Seoul, South Korea, Hwaseong, Gyeonggi Province, South Korean
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
A YouTuber was arrested over a stunt involving fireworks, a helicopter, and a Lamborghini. The 24-year-old is accused of causing fireworks to be shot out of a moving helicopter. Police believe he directed it without permits and used fireworks that were illegal in California. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA 24-year-old YouTuber could face up to 10 years in prison after being accused of directing a social media stunt involving two women illegally shooting fireworks out of a helicopter at a Lamborghini.
Persons: YouTuber, , Suk Min Choi, Alex Choi Organizations: Lamborghini, Police, Service, US, Office, Central, Central District of California, Business Locations: California, Central District
Seoul, South Korea CNN —South Korean activists sent balloons carrying K-pop and K-dramas on USB sticks to their northern neighbor on Thursday, days after North Korean balloons of trash and “filth” floated in the opposite direction. In May, North Korea responded by sending its own giant balloons back south – containing trash, soil, pieces of paper and plastic, and what South Korean authorities described as “filth.”A balloon believed to have been sent by North Korea, carrying what appeared to be trash, seen in Incheon, South Korea, on June 2, 2024. South Korean activists say they will continue to send the balloons north – even though doing so was banned by the government years ago. Trash spills from a broken balloon, believed to be sent by North Korea, in Incheon, South Korea, on June 2, 2024. “South Korea is not an American colony or a wasteland of humanity like I learned in North Korea,” he told CNN on Wednesday.
Persons: Kim Jong Un, Kim Kang Il, Park, , , Kim, Kim Jong Nam Organizations: South Korea CNN — South, Fighters, North, South, Yonhap, Agency, Reuters, North Korea’s, South Korean, CNN, South Korea Locations: Seoul, South Korea, North Korea, Incheon, Reuters Pyongyang, North Korean, China, American, Yongin, South
Meet Angelina Jolie and Brad Pitt's 6 children
  + stars: | 2024-06-04 | by ( Olivia Singh | ) www.businessinsider.com   time to read: +13 min
AdvertisementVivienne Jolie-Pitt, Angelina Jolie, Zahara Jolie-Pitt, and Shiloh Jolie-Pitt at the world premiere of "Eternals" at the El Capitan Theatre in Hollywood on October 18, 2021. On her 18th birthday on May 27, Shiloh filed to legally change her name to Shiloh Jolie, TMZ and People reported. Knox, Zahara, Pax, Jolie, Vivienne, and Shiloh at the world premiere of "Maleficent: Mistress of Evil" in 2019. AdvertisementShiloh Jolie-Pitt, Zahara Jolie-Pitt, Angelina Jolie, Vivienne Jolie-Pitt, Maddox Jolie-Pitt and Knox Jolie-Pitt at the UK premiere of "Eternals" on October 27, 2021 in London, England. Vivienne is listed as "Vivienne Jolie" in the Playbill, but it's unclear if she legally changed her name.
Persons: , Angelina Jolie, Brad Pitt, Jolie, Pitt, Maddox Jolie, Maddox, Yoon Suk, Stefani Reynolds, Rath Vibol, Maddox Chivan Thornton Jolie, Billy Bob Thornton, he'll, Maleficent, Jason Merritt, Zahara, Joe Biden, Yoon Suk Yeol, Kim Keon Hee, Zahara Marley Jolie, Christopher Jue, Disney Jolie, Kung, Shiloh, Kevin Winter, Robert Procop, Vivienne Jolie, Zahara Jolie, Shiloh Jolie, Jon Kopaloff, Pax, Matt Sayles, Invision, Jolie's, Oprah, tracksuits, Marilla, Marilla Sicilia, Vivienne, Doja, Hamilton Evans, He's, he's, Brad, Pax Jolie, Pax Thien, JC Olivera, Knox, Knox Léon Jolie, Issei Kato, Knox Léon, Vivienne Marcheline, Leon, Marcheline, Vivi, Marie Claire, Princess Aurora, Tigress, Knox Jolie, Karwai Tang, Getty Images Knox, Viv, isn't Organizations: Service, Miraval, Business, South, White, Getty, Pitt Foundation, Netflix, Vogue, Pitt, FBI, Yonsei University, British Vogue, Japan, Disney, Entertainment, El Capitan Theatre, Lexus, Spelman College, Spelman's Alpha Kappa Alpha, AP Pitt, Fair, Rome, Pax Thien Jolie, JR, Museum, Tolerance, BBC, REUTERS, Getty Images, Marvel, People Locations: France, Washington ,, Cambodia, Pitt's, Seoul, South Korea, British, Tokyo, Japan, Zahara, Ethiopia, Shiloh, Hollywood, Atlanta, Marilla Sicilia, Vegas, Vietnam, Paris, Knox, Los Angeles, London, England
South Korean President Yoon Suk Yeol gave the green light on Monday to conduct exploratory drilling for potentially vast oil and gas prospects found off the east coast of the nation that is one of the world's largest energy importers. South Korean President Yoon Suk Yeol gave the green light on Monday to conduct exploratory drilling for potentially vast oil and gas prospects found off the east coast of the nation that is one of the world's largest energy importers. "Today, I approved the Ministry of Trade, Industry and Energy to go ahead with the drilling for exploration deep in the east sea," Yoon said. Yoon identified an area off the southeastern industrial port city of Pohang as the location. The president said South Korea has conducted a series of explorations for oil and gas beginning in 1996 and tapped a gas reserve of the equivalent of about 4.5 million barrels.
Persons: Yoon Suk Yeol, Yoon Organizations: South, Ministry of Trade, Industry, Energy Locations: Pohang, South Korea
Soldiers inspect debris from a balloon sent by North Korea that landed in Incheon, South Korea on June 2, 2024. She compared North Korea’s actions to South Korea’s years-long practice of sending balloons with anti-North Korea leaflets the other way. North Korea is almost completely closed off from the rest of the world, with tight control over what information gets in or out. Earlier this year a South Korean research group released rare footage that it claimed showed North Korean teenagers sentenced to hard labor for watching and distributing K-dramas. But the situation in North Korea deteriorated in the following years and diplomatic talks fell apart – prompting strict rules to snap back into place.
Persons: Kim Jong Un’s, Kim Yo Jong –, , Organizations: CNN, Korea’s, Chiefs, Staff, United Nations Command, Korean Central News Agency, North Locations: Korea, Seoul, South Korea, Gyeonggi, Chungcheong, Gyeongsang, North Korea, Incheon, Korean, China
The South Korean marines were sent in after monsoon rains flooded a rural section of the country’s heartland last July. When the ground gave way, five of them were swept away in the churning brown water and one, Lance Cpl. Nearly a year later, the death of the 20-year-old marine has become an impeachment threat for South Korea’s leader, President Yoon Suk Yeol. The South Korean military is no stranger to tragic accidents, but this latest episode has evolved into the first major political crisis for Mr. Yoon since his party’s crushing defeat in parliamentary elections last month. The career military officer who investigated Lance Corporal Chae’s death has accused the Defense Ministry of whitewashing the probe and absolving top military brass of responsibility — all under pressure from Mr. Yoon.
Persons: Lance Cpl, Chae Su, Yoon Suk, Yoon, Corporal Chae’s Organizations: South, Defense Ministry Locations: United States, Korea, China
The leaders of South Korea and Japan on Monday sought to restore economic cooperation with China, their biggest trading partner, after years of souring relations, but their three-way talks were overshadowed by heightened tensions between China and the United States, Seoul and Tokyo’s most important military ally. The trilateral meeting — featuring President Yoon Suk Yeol of South Korea, Prime Minister Fumio Kishida of Japan and Premier Li Qiang, the second-highest official in China — was the first in four and a half years. Talks focused mainly on areas where common ground could more easily be found, such as protecting supply chains, promoting trade and cooperating on the challenges of aging populations and emerging infectious diseases. The leaders tiptoed around thorny regional security issues like Taiwan​ and North Korea​. “The three nations agreed to expand practical cooperation in a way their people can feel its benefits,” Mr. Yoon said during a joint news conference with Mr. Kishida and Mr. Li, announcing 2025 and 2026 as the “years of cultural exchanges” among the three nations.
Persons: Yoon Suk, Fumio Kishida, Li Qiang, China —, Mr, Yoon, Kishida, Li Organizations: North Korea ​, Mr Locations: South Korea, Japan, China, United States, Seoul, Taiwan, North Korea
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
A Samsung Electronics Co. 12-layer HBM3E, top, and other DDR modules arranged in Seoul, South Korea, on Thursday, April 4, 2024. Photographer: SeongJoon Cho/Bloomberg via Getty ImagesSouth Korea is readying plans for a support package for chip investments and research worth more than 10 trillion won ($7.30 billion), the finance minister said on Sunday, after setting its sights on winning a "war" in the semiconductor industry. Finance Minister Choi Sang-mok said the government would soon announce details of the package, which targets chip materials, equipment makers, and fabless companies throughout the semiconductor supply chain. South Korea is also building a mega chip cluster in Yongin, south of its capital, Seoul, which it touts as the world's largest such high-tech complex. President Yoon Suk Yeol has vowed to pour all possible resources into winning the "war" in chips, promising tax benefits for investments.
Persons: SeongJoon Cho, Choi Sang, mok, Choi, Yoon Suk Yeol Organizations: Samsung Electronics Co, Galaxy, Bloomberg, Getty Images, Finance Locations: Seoul, South Korea, Korea
Seoul, South Korea CNN —South Korea’s leader on Thursday said he plans to create a new government ministry to tackle the “national emergency” of the country’s infamously low birth rate as it grapples with a deepening demographic crisis. In a televised address, President Yoon Suk Yeol said he would ask for parliament’s cooperation to establish the Ministry of Low Birth Rate Counter-planning. “We will mobilize all of the nation’s capabilities to overcome the low birth rate, which can be considered a national emergency,” he said. South Korean President Yoon Suk Yeol at a press conference in Seoul, South Korea, on, May 9, 2024. Countries like South Korea, Japan and China, however, have shied away from mass immigration to tackle the decline in their working age populations.
Persons: Yoon Suk Yeol, Yoon, Yoon Suk, Kyung, Fumio Kishida Organizations: South Korea CNN, of, South, AP, Korea, Families Agency Locations: Seoul, South Korea, Korea, Japan, China
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