Page 35 - South Korea

Here's what makes South Korea the world's fastest-growing whisky market

The higher price tag is worth it, according to Choi and many of his peers. South Koreans consumed 14.2 million liters of whisky in 2022, small amount compared with other nations, but up 46% from 2021

Kim Jong Un vows to boost nuke capability after observing new ICBM launch

North Korean leader Kim Jong Un vowed to further bolster his country's nuclear fighting capabilities as he supervised the country's second test-flight of a new intercontinental ballistic missile designed to strike the mainland U.S., state media reported Thursday. Kim's statement suggests North Korea would ramp up weapons testing activities to expand its arsenals in response to recent U.S. steps to enhance its security commitment to ally South Korea. "The present unstable situation in which the security environment on the Korean peninsula is being seriously threatened by the hostile forces every moment," Kim said, according to state media. "(That) requires more intense efforts to implement the line of bolstering nuclear war deterrent." The Korean Central News Agency disclosed Kim's comments, after confirming the North conducted a successful launch of the Hwasong-18 ICBM on Wednesday. The launch was first reported by its neighbours soon after its liftoff. The Hwasong-18 is a ...

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North Korea launches ballistic missile toward its eastern waters: S Korea

North Korea launched a ballistic missile toward its eastern waters Wednesday, its neighbors said, two days after the North threatened "shocking" consequences to protest what it called a provocative U.S. reconnaissance activity near its territory. South Korea's Joint Chiefs of Staff says the launch was made on Wednesday morning but gave no further details such as how far the weapon flew. Japan's Defense Ministry said it also detected a possible ballistic missile launch by North Korea. The launch, the North's first weapons firing in about a month, came after North Korea earlier this week released a series of statements accusing the United States of flying a military plane close to North Korea to spy on the North. The United States and South Korea dismissed the North's accusations and urged it to refrain from any acts or rhetoric that raises animosities. In a statement Monday night, Kim Yo Jong, the influential sister of North Korean sister Kim Jong Un, claimed that the U.S. spy plan

S Korea shoppers stock up salt as Japan plans to releases Fukushima water

In many supermarkets across South Korea, salt has vanished from their stores which had led to heightened public anxiety

S Korea pushes for action against North's nuclear ambitions at Nato summit

South Korea's president says it's time to clearly demonstrate strong international resolve to deter North Korea's nuclear ambitions, and plans to discuss how to cope with the North's expanding weapons arsenal with NATO leaders this week. Yoon Suk Yeol will attend the annual NATO summit being held this year in Vilnius, Lithuania, on Tuesday and Wednesday as part of a two-nation trip that includes a stop in Poland. "Now is the time to clearly demonstrate that the international community's determination to deter North Korea's nuclear weapons program is stronger than North Korea's desire to develop nuclear weapons," he said. It's the second consecutive year that Yoon will take part in the summit, underscoring his push to deepen ties with the world's biggest military alliance. South Korea faces a mix of security challenges, including North Korea's nuclear program and the U.S.-China strategic rivalry. Last year, he became the first South Korean leader to attend a NATO summit when he took

S Korean lawmakers chide IAEA chief over Japan's plan to release wastewater

South Korean opposition lawmakers sharply criticized the head of the United Nations' nuclear watchdog on Sunday for its approval of Japanese plans to release treated wastewater from the damaged Fukushima nuclear power plant. They met with Rafael Grossi in a tense meeting in Seoul that took place while protesters screamed outside the door. Grossi, the International Atomic Energy Agency's director general, arrived in South Korea over the weekend to engage with government officials and critics and help reduce public concerns about food safety. The IAEA last week approved the Japanese discharge plans, saying the process would meet international safety standards and pose negligible environmental and health impacts. South Korea's government has also endorsed the safety of the Japanese plans. In his meeting with members of the liberal Democratic Party, which controls a majority in South Korea's parliament, Grossi said the IAEA's review of the Japanese plans was based on transparent and ..

China, South Korea released water with high levels of tritium, says Japan

Chief Cabinet Secretary Hirokazu Matsuno also said Japan will explain to China the planned water discharge into the sea from the nuclear complex

S Korea endorses safety of Japan's plans to release Fukushima plant water

South Korea's government on Friday formally endorsed the safety of Japanese plans to release treated wastewater from the Fukushima nuclear power plant into sea as it tried to calm people's fears about food contamination. Seoul's assessment was based on a 22-month review by government-funded scientists and aligned with the International Atomic Energy Agency's views. The agency greenlit the Japanese discharge plans this week, saying the treated wastewater would meet international safety standards and that its environmental and health impact would be negligible. Even before Friday's announcement, South Korean officials have been actively campaigning to dissolve the public's unease about the wastewater release, holding daily briefings to address what they describe as excessive fears and tightening radiation tests on seafood imported from Japan. Conservative lawmakers from President Yoon Suk Yeol's ruling party have even toured seafood markets to drink sea water fetched from fish tanks i

Asian Kabaddi Championship 2023: India defeats Korea and Chinese Taipei

Asian Kabaddi Championship 2023 began yesterday, June 27, in Busan, Republic of Korea. India began their journey on a winning note defeating Korea and Chinese Taipei on day 1

Japan to reinstate South Korea as preferred trade nation from July 21

Japan announced a decision on Tuesday to reinstate South Korea as a preferred nation with fast-track trade status starting July 21, virtually ending a four-year economic row that was further strained during their bitter historic disputes. Trade Minister Yasutoshi Nishimura told reporters that Japan and South Korea have also agreed to set up a framework to review and follow up on the systems as needed. Japan and South Korea have been rapidly mending their ties as they deepen three-way security cooperation with Washington in response to growing regional threats from North Korea and China. A reinstatement of South Korea's preferential status next month would end a four-year trade dispute that began in July 2019 when Japan removed South Korea from its white list of countries given fast-track approvals in trade as ties deteriorated over compensation for Japanese wartime actions. Japan's tightening of trade controls against Seoul was an apparent retaliation for South Korean court rulings

Fukushima nuclear plant to release treated wastewater into sea: Operator

All equipment needed for the release into the sea of treated radioactive wastewater from the wrecked Fukushima nuclear plant has been completed and will be ready for a safety inspection by Japanese regulators this week, the plant operator said Monday, as opposition to the plan continues in and outside Japan over safety concerns. Tokyo Electric Power Company Holdings said it installed the last piece of an undersea tunnel dug to release the water offshore, completing the construction of the necessary equipment that began last August. A mandatory safety inspection of the equipment will begin Wednesday, said Nuclear Regulation Authority Chairman Shinichi Yamanaka, who visited the Fukushima Daiichi plant last week. If everything goes well, TEPCO is expected to receive a safety permit for the release about a week after the inspection ends, officials said. Discharge of the treated water is expected to begin this summer, although the exact date has not been set. The plan has faced fierce .

North Korea holds rallies against US "imperialism," warns of nuclear war

North Korea organises mass rallies in Pyongyang condemning US imperialism. People shouted slogans like the "war of revenge" to destroy the United States

MSCI maintains status quo on Korea, will study country's reforms

Reclassification from 'emerging' to 'developed market' will not just help Korea but India too

S Korean firm plans $72M Georgia plant to make battery parts, hiring 140

A South Korean company will open a factory in suburban Atlanta to make parts for electric batteries. NVH Korea said Thursday that it would invest $72 million in a plant in Locust Grove, south of Atlanta, hiring 140 workers. The plant will make sensors, connections and protectors for electric vehicle batteries, beginning operations in 2024. Chairman and CEO Ja Kyum Koo said in a statement that it's NVH Korea's first venture into making components for electric batteries. Based in Ulsan, NVH Korea is the 10th supplier to locate in the region after Hyundai said in 2022 that it would build a $5.5 billion plant to assemble electric vehicles and batteries in Ellabell, Georgia, near Savannah. The site could grow to 8,100 employees and is slated to begin producing vehicles in 2025. Suppliers have pledged to invest nearly $2.1 billion and to hire nearly 4,900 people. It's NVH Korea's second plant in Georgia. Subsidiary AFS America in Columbus makes floor mats and cargo trays for the Hyundai

Number of EV chargers in S Korea hits 240,000 amid growing popularity: Data

The number of chargers for electric vehicles in South Korea has surpassed 2,40,000, data showed on Sunday, amid the growing popularity of eco-friendly cars in the country

S Korea to carry out 1st in-depth inquiry into forced labour in North Korea

South Korea plans to carry out its first in-depth inquiry into forced labour practices in North Korea through interviews with defectors who have arrived in South Korea over the past five years

Seoul issues first heat wave advisory of year, comes in effect from today

The Seoul metropolitan government issued the first heat wave advisory of the year for Seoul on Sunday

UAE participates in seminar on water management policies and tech, in Korea

UAE has participated in a symposium on "Advanced Water Management Policies and Technologies'' in Seoul as part of the works of the Joint UAE-Korea Committee for cooperation in water resources

S Korea dismisses chances of lifting Japan Fukushima seafood import ban

S Korea's current ban on imports of seafood from Japan's Fukushima area will remain in place regardless of Tokyo's planned release of contaminated water from its crippled Fukushima nuclear power plant