Tag: South Korea

India, South Korea agree on joint production, export of military hardware

NEW DELHI: In a significant move, India and South Korea have agreed to go for joint production and export of military hardware, enhance intelligence sharing and boost cooperation in cyber and space domains as part overall expansion of defence and security ties, official sources said on Sunday. The decisions were taken during delegation-level talks between […]

North Korea toughens rules of entry to sea to fight coronavirus

By HYUNG-JIN KIM SEOUL: North Korea is further toughening restrictions on entering seawaters as part of elevated steps to fight the coronavirus pandemic, state media said Sunday, two days after South Korea said the North had banned sea fishing. The Korean Central News Agency reported the country is mobilizing more anti-virus units and establishing strong […]

Samsung’s Lee Kun-hee leaves behind $21 billion wealth for inheritance

By Joyce Lee, Hyunjoo Jin SEOUL:Lee Kun-hee, South Korea’s richest person and chairman of Samsung Electronics Co, died on Sunday, leaving behind considerable assets subject to be potentially inherited by his surviving family as well as inheritance tax. Here is a rundown of his net worth, which Forbes says amounts to $20.9 billion, and expected […]

Samsung bags its biggest $6.6 billion network supply deal from Verizon

NEW DELHI: Samsung Electronics on Monday said it will supply network equipment to US telecommunications giant Verizon for $6.6 billion which is the largest network equipment supply deal in the history of South Korean giant. Samsung said it will supply network solutions, including 5G, for the next five years until December 2025. The size of […]

South Korea spy agency says no signs North Korea’s Kim Jong Un received heart surgery

SEOUL: There are no signs North Korean leader Kim Jong Un received heart surgery when he disappeared from state media for three weeks, but he reduced public activity due to coronavirus concerns, Yonhap news agency reported on Wednesday. Kim attended the completion of a fertiliser plant, North Korea’s official media said on Saturday, the first […]

South Korea says Kim Jong Un did not have surgery, as two Koreas exchange gunfire

SEOUL: North Korean leader Kim Jong Un did not undergo surgery during his almost three week absence from public life, South Korean news outlet Yonhap said citing a senior government official, as the two Koreas exchanged gunfire around the border on Sunday. The South Korean official declined to provide reasons for believing that Kim did […]

South Korea says North Korea’s Kim Jong Un may be trying to avoid coronavirus

SEOUL:Fear of catching the coronavirus could have kept North Korean leader Kim Jong Un away from state ceremonies for a key holiday in mid-April, a South Korean minister said on Tuesday as speculation swirled over Kim’s whereabouts and health. The speculation erupted following Kim’s unprecedented absence from public ceremonies on the April 15 birth anniversary […]

South Korea maintains Kim Jong Un health rumors are untrue

SEOUL: South Korea’s government has dismissed rumors that North Korean leader Kim Jong Un is in fragile condition, as speculation about his health intensifies amid the North’s silence on his whereabouts. There are concerns, particularly in Seoul and Washington, about what would happen to North Korea and its nuclear program if anything had actually happened […]

Seoul sees no suspicious activity in North Korea amid Kim Jong Un concerns

SEOUL: The South Korean government said Tuesday no unusual activity has been detected in North Korea after unconfirmed reports described leader Kim Jong Un as in fragile condition after heart surgery. The presidential Blue House says it had no information about the rumors on Kim’s health. Speculation often surfaces about North Korea’s leadership based on […]

Narendra Modi arrives in South Korea on two-day visit to bolster strategic ties

NEW DELHI: Prime Minister Narendra Modi arrived here on Thursday on a two-day visit to strengthen India’s strategic ties with South Korea and seek to enhance bilateral cooperation in diverse areas, including trade and investment. Ahead of his visit, the prime minister described South Korea as an important partner for India’s key initiatives such as […]

Koreas break ground on railways but sanctions block project

By KIM TONG-HYUNG SEOUL: North and South Korea broke ground Wednesday on an ambitious project to modernize North Korean railways and roads and connect them with the South, but without progress in nuclear negotiations, regular trains won’t be crossing the border anytime soon. The ceremony at the North Korean border town of Kaesong came weeks […]

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