The South Korean tech group Samsung was a clear loser on the stock exchange in Seoul on Monday. Investors are concerned about the continuing shortage of memory chips, coupled with fears of an economic recession. These can hinder the company, also because more and more central banks worldwide are […]
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Yoon Suk-yeol Inaugurated as President of South Korea
Conservative Yoon Suk-yeol was inaugurated as South Korea’s new president at a large-scale ceremony in Seoul on Tuesday. He called on neighbouring North Korea for complete denuclearization. “I solemnly swear before the people that I will faithfully fulfil the duties of a president,” said Yoon, 61, who will lead […]
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South Korea: North Korea Fires Projectile into Sea
North Korea has again fired at least one unidentified projectile into the sea, the South Korean military reported on Tuesday to Yonhap news agency. No further details have been disclosed. UN resolutions prohibit North Korea’s self-proclaimed nuclear power from testing ballistic missiles, but the country pays little attention to […]
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South Korea Wants to Get Rid of Restrictions on Missile Arsenal Altogether
South Korea wants to get rid of agreements with the United States that restrict ballistic missiles. The South Koreans are currently not allowed to use projectiles with a range of more than 800 kilometres. The “missile directive” scrapping is expected to be discussed at summits between President Moon Jae-in […]
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South Korean Minister Wants To Give North Korea The Benefit Of Doubt
South Korean minister Wants to give North Korea the benefit of the doubt: The South Korean Defense Minister, Song Young-moo, thinks that North Korea should get the benefit of the doubt. The South Korean Defense minister said the way North Korea misguided us in the past if we presume that […]