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SEOUL, South Korea (AP) — A South Korean court on Monday acquitted Samsung Electronics Chairman Lee Jae-yong of financial crimes involving a contentious merger between Samsung affiliates in 2015 that tightened his grip over South Korea’s biggest company. The court said the prosecution failed to sufficiently prove the merger between Samsung C&T and Cheil Industries was unlawfully conducted with an aim to strengthen Lee’s control over Samsung Electronics. Lee had denied wrongdoing in the current case, describing the 2015 merger as “normal business activity.”Lee, 56, did not answer questions from reporters as left the court. Lee Jae-yong served 18 months in prison after being convicted in 2017 over separate bribery charges related to the 2015 deal. Some shareholders had opposed the 2015 merger, saying that it unfairly benefited the Lee family while hurting minority shareholders.
Persons: Lee Jae, Lee, ” Lee, Jin Kim, Lee Kun, Park, Yoon Suk, tycoons, Kim Tong, hyung Organizations: Samsung, Korea’s, Seoul Central, Cheil Industries, Samsung Electronics, Prosecutors, South, National Pension Service Locations: SEOUL, South Korea, Seoul, Ukraine
Samsung chief Lee cleared of charges in 2015 merger case
  + stars: | 2024-02-05 | by ( ) www.cnbc.com   time to read: +1 min
Samsung Electronics Co. Executive Chairman Lee Jae-yong leaves after attending a final decision at the Seoul Central District Court on Feb. 05, 2024 in Seoul, South Korea. Seoul Central District Court acquits Samsung Electronics Co. Executive Chairman Lee Jae-yong in controversial 2015 merger case. Samsung Electronics Chairman Jay Y. Lee was found not guilty by a Seoul court on Monday in a case related to irregularities in a 2015 merger of Samsung affiliates that prosecutors said was designed to cement his control of the tech group. Lee denied wrongdoing, arguing that he and other executives acted on the belief the merger would benefit shareholders. The sentence prevents a return to jail for Lee who was convicted in 2017 of bribing a friend of former President Park Geun-hye.
Persons: Lee Jae, Jay Y, Lee, Prosecutors, Park, Yoon Suk Organizations: Samsung Electronics Co, Seoul Central, Court, Samsung Electronics, Samsung Locations: Seoul, South Korea
CNN —The world once again is trying to parse the stance of North Korean dictator Kim Jong Un. After North Korea was defeated, the fighting stopped with a 1953 armistice but a peace agreement was never reached. Kim has certainly been signaling that something fundamental has shifted and he clearly wants the world to take his threats seriously. For decades the Democratic People’s Republic of North Korea or DPRK, has had two explicit goals. The warning about North Korea cannot be ignored, and the US, South Korea and Japan should update their planning.
Persons: Frida Ghitis, Kim Jong, Kim, Donald Trump, Kim “, , Robert Carlin, Siegfried Hecker, Carlin, Hecker, North, Kim Il Sung, Yoon Suk Yeol, ” Carlin, Kim bluster, Trump, Biden, Vladimir Putin, what’s Kim, It’s, he’s, Putin Organizations: CNN, Washington Post, Politics, Frida Ghitis CNN, West, Democratic People’s, South, Ukraine, Korean, Politico Locations: Korean, Frida Ghitis CNN North Korea, Ukraine, North Korea, South Korea, North, Democratic People’s Republic of North Korea, DPRK, Seoul, United States, Korea, Russia, East Asia, Japan, China, Moscow, Pyongyang
Then came a much more personal scandal: spy cam footage that showed his wife accepting a $2,200 Dior pouch as a gift. The video of Ms. Kim, which emerged late last year, has caused a rift between Mr. Yoon and one of his most trusted lieutenants. It has roiled his political party — one senior member called on Ms. Kim to apologize and compared her to Marie Antoinette. For nearly two years, Ms. Kim has challenged how this deeply patriarchal society views the role of the presidential spouse. She has talked about Mr. Yoon’s devotion to her, saying in 2022 that he had vowed to cook for her and “kept that promise for the past decade.”
Persons: Yoon Suk, Kim Keon Hee, Kim, Yoon, Marie Antoinette, , Locations: South Korea, United States, Japan
SAN DIEGO (AP) — Free-agent reliever Wandy Peralta and the San Diego Padres have agreed to a $16.5 million, four-year contract, a person with knowledge of the deal said Wednesday. The person spoke with The Associated Press on condition of anonymity because the deal was pending a physical exam and hadn’t been finalized. The 32-year-old left-hander spent the last three seasons with the New York Yankees. While they still have big holes elsewhere heading into spring training, the budget-minded Padres at least have a well-stocked bullpen. The Padres have only two outfielders on their active roster and need to firm up their rotation behind Yu Darvish, Joe Musgrove and Michael King.
Persons: Wandy Peralta, hadn’t, Woo, Suk, Yuki Matsui, Robert Suarez, Josh Hader, flopping, Yu Darvish, Joe Musgrove, Michael King, King, Juan Soto, Trent Grisham, ___ Organizations: DIEGO, San Diego Padres, Associated Press, New York Yankees, Padres, Houston, Yankees Locations: South Korea, Japan, Diego, New York
Seoul, South Korea CNN —Seoul’s police chief has been indicted for negligence over the 2022 crowd crush that killed more than 150 people during Halloween festivities in the popular Itaewon neighborhood that left the nation reeling. South Korean police on Monday confirmed that Kim Kwang-ho, head of the Seoul Metropolitan Police Agency (SMPA), had been indicted in connection with the tragedy – the most senior police officer charged over the incident. Four police dispatches were sent out to Itaewon, which had hosted Halloween celebrations in Seoul for years. Rescue officials and police gather in the district of Itaewon in Seoul on October 30, 2022. “For me, Halloween and the Itaewon tragedy are (inextricably) linked,” she said.
Persons: South Korea CNN —, Kim Kwang, Kim, , Anthony Wallace, Yoon Suk Yeol, Lee, Organizations: South Korea CNN, South Korean, Seoul Metropolitan Police Agency, ” Reuters, South Koreans, Rescue, Getty, South, Seoul police, CNN Locations: Seoul, South Korea, Itaewon, AFP, South
The Kim family, beginning with Kim Il Sung, has ruled North Korea since its post-World War II founding in 1948. It symbolizes the efforts of Kim Jong Il and Kim Il Sung to set guidelines for uniting North and South Korea. South Korea not backing offOn Tuesday, South Korean leader Yoon Suk Yeol said his government will not be cowed by Kim’s latest threats. “If North Korea provokes, we will punish them multiple times as hard,” Yoon said at a Cabinet meeting in Seoul. Yoon, who has taken a much harder line on North Korea than his predecessors, said the South’s quarrel was with the Kim regime, not the people of North Korea.
Persons: Kim Jong Un, , Kim, Kim Jong Il, Kim Il, Kim Il Sung, , Kim Jong, Jeong Eun, National Reunification ’ …, , ” Kim, KCNA, Leif, Eric Easley, “ Kim, ” KCNA, Yoon Suk Yeol, ” Yoon, Yoon Organizations: South Korea CNN — North, People’s Assembly, North Korean, Korea Institute for National Unification, National Reunification, Ehwa University, Democratic People’s, North, CNN, National Economic Cooperation Bureau, Kumgangsan, Tourism Administration, ROK, DPRK, United Nations, NLL Locations: Seoul, South Korea, Pyongyang, North Korea, North, Democratic People’s Republic of Korea, DPRK, North Korea’s, Republic of Korea, Korean, Korea, South
Kim said the constitution should be amended to educate North Koreans that South Korea is a "primary foe and invariable principal enemy" and define the North's territory as separate from the South. "We don't want war but we have no intention of avoiding it," Kim was quoted as saying by KCNA. South Korean President Yoon Suk Yeol, at a cabinet meeting, said Pyongyang was being "anti-national" for calling the South a hostile country. Analysts have said North Korea's foreign ministry could take over relations with Seoul, and potentially help justify the use of nuclear weapons against the South in a future war. Ruediger Frank, professor of East Asian Economy and Society at the University of Vienna, said Kim's new policies "will trigger a cascade of changes across inter-Korean relations and regional dynamics".
Persons: Hyunsu Yim, Kim Jong Un, Kim, KCNA, Yoon Suk, Ruediger Frank, Frank, Josh Smith, Lisa Shumaker, Jonathan Oatis Organizations: Supreme, Assembly, North, East Asian, Society, University of Vienna, U.S Locations: Hyunsu Yim SEOUL, Korea, North, Seoul, North Koreans, South Korea, KCNA . North Korea, South, Pyongyang
SEOUL, South Korea (AP) — North Korea on Monday claimed it flight-tested a new solid-fuel intermediate-range missile tipped with a hypersonic warhead as it pursues more powerful, harder-to-detect weapons designed to strike remote U.S. targets in the region. There are also concerns about an alleged arms cooperation between North Korea and Russia as they align in the face of separate, intensifying confrontations with Washington. The Biden administration said it has evidence that missiles provided by North Korea to Russia had been used in the war in Ukraine. In a joint statement last week, the U.S., South Korea and their partners said the missile transfer supports Russia’s war of aggression and provides North Korea with valuable technical and military insights. North Korea earlier this month fired a barrage of artillery shells near the disputed western sea boundary with South Korea, prompting the South to conduct similar firing exercises in the area.
Persons: KCNA, Kim Jong Un, ” KCNA, Kim, Choe Sun Hui, Sergey Lavrov, Biden, Yoon Suk Yeol, Donald Trump, Trump Organizations: South, Korean Central News Agency, North, Korea’s, Chiefs, Staff, U.S, Russian Locations: SEOUL, South Korea, North Korea, North, Korean, Pyongyang, Guam, Japan, Pacific, United States, Seoul, Tokyo, Russia, Washington, North Korean, U.S, Korea, Ukraine
After a three-year grace period, the bill would make slaughtering, breeding and sales of dog meat for human consumption illegal from 2027 and punishable by 2-3 years in prison. Dog meat consumption, a centuries-old practice on the Korean Peninsula, is neither explicitly banned nor legalized in South Korea. Recent surveys show more than half of South Koreans want dog meat banned and a majority no longer eat it. But South Korea's dog meat industry has drawn more attention because of the country's reputation as a cultural and economic powerhouse. There is no reliable official data on the exact size of South Korea's dog meat industry.
Persons: , Yoon Suk Yeol, JungAh Chae, It's, Won, Son, Kim Keon Hee, Song, ryung, Ju, Cheon JinKyung, Kim Myung, Jeong Yoon Hee Organizations: Service, Business, Assembly, Cabinet, National Assembly, Humane, The Associated Press, Farmers, Constitutional, Agriculture, Korea Animal Rights Locations: South Korea, Korea, China, Vietnam, Indonesia, North Korea, Seoul
As 2023 comes to a close, we take a look at the year that was in Asia and the Pacific region. But who had it good and who had it bad in 2023? Bad year: China's property marketWith millions of Chinese citizens still waiting for homes they put down payments on — but might never be built — 2023 was a particularly bad year for China's property market. A newly built property is seen from the air in Hangzhou city, Zhejiang province, China, Dec 15, 2023. Chinese families and individuals who once saw homes as more than somewhere to live but also as investments have reason to fear 2023 won't be the last bad year they face.
Persons: Curtis, Chin, Jose B, , Vikram, Amit Dave, Narendra Modi, Taylor Swift, Kim Ji, Jennie, Kim Jennie, Roseanne Chae, Lisa, Lalisa, King Charles, Rose, Roseanne Park, Jisoo Kim, Jennie Kim, King Charles III, Yoon Suk Yeol, Kim Keon Hee, Victoria Jones, Blackpink, Michelle Yeoh, Joe Biden, Xi Jinping, San Francisco —, China Evergrande, Moody's, Asia's Organizations: Asian Development Bank, RiverPeak Group, ISRO —, Indian Space Research, Orbiter, ISRO, Buckingham, Sustainable, COP26, Getty, YG Entertainment, APEC, U.S, International Monetary Fund Locations: U.S, Asia, Turkey, Syria, Maui, Hawaii, Lahaina, Pacific, India, Gujarat Science City, Ahmedabad, Korea, British, LONDON, ENGLAND, Glasgow, London, England, South Korea, Malaysian, New Zealand, Thailand, China, San Francisco, United States, Taiwan, South China, Country, Hangzhou city, Zhejiang province
(Photo by Victoria Jones - Pool/Getty Images)Shares of K-pop agency YG Entertainment spiked as much as 29% after the company announced that it has renewed exclusive group contracts with all four members of girl group Blackpink. The stock closed at 48,000 South Korean won ($36.58) per share on Tuesday, near its 2023 low of 47,000 won. But on Wednesday, it surged at the open and hit an intraday high of 61,900 South Korean won per share. This could bring an end to the long running contract saga between the popular K-pop group and the agency. Shares of YG previously plunged each time South Korean media reported that members of the group will not renew with the label.
Persons: Lisa, Lalisa, Rose, Roseanne Park, Jisoo Kim, Jennie Kim, King Charles III, Yoon Suk Yeol, Kim Keon Hee, Victoria Jones Organizations: COP26, YG Entertainment, South Korean, YG, Munhwa Ilbo Locations: ENGLAND, British, Glasgow, London, England, South Korea, South Korean
"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: | 2023-12-04 | 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
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
The time is now to put an end to the controversy around eating dog meat, party members have said, adding there was broad support from the opposition party, which currently controls parliament, and from the public. A Gallup Korea poll last year showed almost two-thirds of respondents opposed eating dog meat, with only 8% saying they had eaten dog within the past year, down from 27% in 2015. The farmers scuffled with police who outnumbered them and set up barricades to stop them from crossing the street to move closer to the presidential office. While the practice of eating dog meat has declined in popularity, the farmers and restaurant owners who serve the meat have been fighting to keep it legal. The farmers have accused First Lady Kim, a vocal critic of dog meat consumption, of exercising what they call improper pressure on the government and the ruling party to bring in the ban.
Persons: Yoon Suk Yeol, Yoon, Kim Keon Hee, Ju, Lady Kim, Jimin Jung, Dogyun Kim, Hongji Kim, Jack Kim, Ed Davies, Jamie Freed Organizations: Korean Association, Edible, Presidential, Gallup, Thomson Locations: Seoul, South Korea, SEOUL, Gallup Korea
A new royal book claims there is a power struggle between King Charles and Prince William. Author Omid Scobie told BI that people are too distracted by Harry and Meghan to notice. Kate Middleton, Prince William, Prince Harry, and Meghan Markle wear mourning clothes at Windsor Castle. AdvertisementBuckingham Palace and Kensington Palace did not respond to requests for comment regarding Scobie's book. King Charles and Prince William at a coronation rehearsal.
Persons: King Charles and Prince William, Omid Scobie, Harry, Meghan, , It's, Prince Harry, Meghan Markle, Duke, Duchess, Sussex, Prince William, King Charles, Scobie, Carolyn Durand, Scobie's, Queen Elizabeth II's, Kate Middleton, Chris Jackson, Charles, William, Prince, Wales, Queen Camilla, Yoon Suk, Jack Royston, Rebecca English, Richard Fitzwilliams, Williams, Fitzwilliams, Anita Singh, you've Organizations: Service, Sunday Times, Getty Images, REUTERS, Newsweek, Daily, Daily Mail, The Telegraph Locations: California, Windsor, Buckingham, Kensington, South, Charles, Royston
Kim Yo Jong, sister of North Korea's leader Kim Jong Un, arrives at the Vostochny Сosmodrome before a meeting of Russia's President Vladimir Putin with North Korea's leader Kim Jong Un, in the far eastern Amur region, Russia, September 13, 2023. Sputnik/Vladimir Smirnov/Pool via REUTERS Acquire Licensing RightsSEOUL, Nov 30 (Reuters) - North Korea said it will never negotiate its sovereignty with the United States, criticising Washington as "double-faced" for offering talks while ramping up military activities in the region, state media KCNA reported on Thursday. Ambassador Linda Thomas-Greenfield and North Korean Ambassador Kim Song, both arguing that their countries' military activities are defensive. Kim Yo Jong said Thomas-Greenfield highlighted efforts to reopen talks with North Korea even as she lacked "justifiable ground" for denying its sovereign right to space development. The U.S. and South Korea have condemned the satellite launch as a violation of U.N. Security Council resolutions banning North Korea's use of any ballistic technology.
Persons: Kim Yo Jong, North, Kim Jong Un, Vladimir Putin, Vladimir Smirnov, Washington, Linda Thomas, Kim Song, Thomas, Greenfield, Kim, KCNA, Carl Vinson, Yoon Suk, Hyonhee Shin, Ed Osmond, Josie Kao Organizations: Sputnik, REUTERS Acquire, Rights, . Security, North Korean, North, U.S, DPRK, Democratic People's, Kadena, White House, Pentagon, South, Falcon, Thomson Locations: Amur, Russia, Rights SEOUL, North Korea, United States, U.S, Greenfield, South Korea, DPRK, Democratic People's Republic of Korea, San Diego, Japan, Pyongyang, Korean, Guam, Italy, Seoul, Washington
A huge billboard advertising Riyadh, Saudi Arabia as candidate of the World Expo 2030 is seen in Paris as the host country of The World Expo 2030 will be elected by BIE Member States that will gather in the 173rd General Assembly in Paris, France, November 25, 2023. South Korea's southeastern city of Busan is competing against Saudi Arabia's Riyadh and Italy's Rome. More than one vote will be necessary if no country gets a majority at the first ballot. Italian Prime Minister Giorgia Meloni personally got involved in trying to persuade international leaders to back the Rome bid, giving it her full political backing. Rome is looking to use the Expo as a way of attracting investment, much as Milan did when it successfully hosted the 2015 Expo.
Persons: Gonzalo Fuentes, Roberto Gualtieri, Crown Prince Mohammed bin, Prince Mohammed, Jamal Khashoggi, Yoon Suk Yeol, Giorgia Meloni, Michel Rose, Elizabeth Pineau, Crispian Balmer, Giselda Vagnoni, Hyonhee, Christina Fincher Organizations: BIE Member, 173rd, Assembly, REUTERS, PARIS, Saudi, City, Crown, Paris . South, Thomson Locations: Riyadh, Saudi Arabia, Paris, BIE, BIE Member States, France, Busan, Saudi's Riyadh, Italy's Rome, Italy, South Korea, South, Rome, Saudi, Lebanon, Paris ., Korea, Italian, Milan, Europe, Dubai, Osaka, Japan, Seoul
From 2018 to 2022, South Korea was the ninth largest weapons supplier globally, ahead of Israel, the Netherlands and Turkey. In recent years, South Korea has edged out stiff competition from Western defense manufacturers and cheaper Chinese developers with government support, attractive pricing and faster delivery times. "The government will nurture the defense industry into a state-of-the-art strategic industry that leads economic growth," South Korean President Yoon Suk Yeol has stated. Today, the biggest South Korean defense companies include Hanwha, Korea Aerospace Industries, LIG Nex11 and Hyundai Rotem. But are these factors enough for South Korea to become one of the world's biggest arms dealers?
Persons: Yoon Suk Yeol, Kim Dae, Jumong Kim, Oskar Pietrewicz, Pietrewicz Organizations: Korea Aerospace Industries, LIG, Hyundai Rotem, Hanwha Aerospace, CNBC, South Korean Locations: South Korea, Israel, Netherlands, Turkey, Seoul, United States, Russia, France, Korean, Hanwha, Korea, China, Poland
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
China Warns South Korea Not to Politicise Economic Issues
  + stars: | 2023-11-26 | by ( Nov. | At A.M. | ) www.usnews.com   time to read: +2 min
"China and South Korea have become cooperation partners with highly integrated interests and highly interconnected production and supply chains," Wang told South Korean Foreign Minister Park Jin, according to a Chinese foreign ministry readout. "Both sides should jointly resist the tendency to politicise economic issues, instrumentalise science and tech issues, and the broad securitisation of trade issues." South Korea has sought to avoid becoming embroiled in a tit-for-tat row between China and the United States over semiconductors. "China is willing to jointly promote the restart of revamped trilateral cooperation with South Korea and Japan," Wang said on Sunday. In September, senior officials from the three countries agreed to arrange a trilateral summit at the "earliest convenient time".
Persons: Wang Yi, Wang, Park Jin, Xi Jinping, Joe Biden, Yoon Suk Yeol, Fumio Kishida, Biden, Laurie Chen, William Mallard Organizations: South Korean, South Korean Foreign, U.S, Samsung Electronics, SK Hynix, South Locations: BEIJING, China, South Korea, Korea, United States, Japan, Beijing, Washington, Tokyo, Seoul, Busan
China warns South Korea not to politicise economic issues
  + stars: | 2023-11-26 | by ( ) www.reuters.com   time to read: +2 min
South Korean Foreign Minister Park Jin, right, talks with his Chinese counterpart Wang Yi prior to a meeting in Busan, South Korea, Sunday, Nov. 26, 2023. "China and South Korea have become cooperation partners with highly integrated interests and highly interconnected production and supply chains," Wang told South Korean Foreign Minister Park Jin, according to a Chinese foreign ministry readout. "Both sides should jointly resist the tendency to politicise economic issues, instrumentalise science and tech issues, and the broad securitisation of trade issues." South Korea has sought to avoid becoming embroiled in a tit-for-tat row between China and the United States over semiconductors. "China is willing to jointly promote the restart of revamped trilateral cooperation with South Korea and Japan," Wang said on Sunday.
Persons: Park Jin, Wang Yi, Ahn Young, Wang, Xi Jinping, Joe Biden, Yoon Suk Yeol, Fumio Kishida, Biden, Laurie Chen, William Mallard Organizations: South Korean Foreign, REUTERS Acquire, Rights, South Korean, U.S, Samsung Electronics, SK Hynix, South, Thomson Locations: Busan, South Korea, Rights BEIJING, China, Korea, United States, Japan, Beijing, Washington, Tokyo, Seoul
[1/4] South Korean Foreign Minister Park Jin, right, shakes hands with his Chinese counterpart Wang Yi prior to a meeting in Busan, South Korea, Sunday, Nov. 26, 2023. Ahn Young-joon/Pool via REUTERS Acquire Licensing RightsSEOUL, Nov 26 (Reuters) - The foreign ministers of South Korea, China and Japan meet in South Korea on Sunday, seeking to restart cooperation among the Asian neighbours and pave the way for a trilateral summit. In September, senior officials from the three countries agreed to arrange a trilateral summit at the "earliest convenient time". South Korean Foreign Minister Park Jin met separately on Sunday morning with his Japanese counterparts Yoko Kamikawa and China's Wang Yi. Marring the cooperative tone, Kamikawa called an order by a South Korean court for Japan to compensate a group of women forced to work in Japanese wartime brothels "extremely regrettable" and requested the South Korean government take appropriate measures, Japan's Kyodo news agency reported.
Persons: Park Jin, Wang Yi, Ahn Young, Xi Jinping, Joe Biden, Yoko Kamikawa, China's Wang Yi, Kamikawa, Wang, Yoon Suk Yeol, Fumio Kishida, Biden, Hyonhee Shin, Sam Nussey, William Mallard Organizations: South Korean Foreign, REUTERS Acquire, Rights, Sunday, South, Kyodo, Thomson Locations: Busan, South Korea, Rights SEOUL, China, Japan, United States, Beijing, Washington, Tokyo, Seoul, North, Pyongyang, Moscow
By Hyonhee ShinSEOUL (Reuters) - The foreign ministers of South Korea, China and Japan meet in South Korea on Sunday, seeking to restart cooperation among the Asian neighbours and pave the way for a trilateral summit. In September, senior officials from the three countries agreed to arrange a trilateral summit at the "earliest convenient time". South Korean Foreign Minister Park Jin met separately on Sunday morning with his Japanese counterparts Yoko Kamikawa and China's Wang Yi. South Korean President Yoon Suk Yeol and Japanese Prime Minister Fumio Kishida have taken steps to mend ties frayed by history and trade feuds, and held a historic trilateral summit in August with Biden. Wang warned in July that U.S. efforts to strengthen relations with Seoul and Tokyo could raise regional tension and confrontation.
Persons: Shin, Xi Jinping, Joe Biden, Park Jin, Yoko Kamikawa, China's Wang Yi, Kamikawa, Wang, Yoon Suk Yeol, Fumio Kishida, Biden, Hyonhee Shin, Sam Nussey, William Mallard Organizations: Sunday, South Korean Foreign, South, Kyodo Locations: Shin SEOUL, South Korea, China, Japan, United States, Beijing, Washington, Tokyo, Seoul, Busan, North, Pyongyang, Moscow
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