SEOUL (Reuters) – South Korea’s SK Hynix, the world no.2 memory chip maker, will invest 103 trillion won ($74.6 billion) through 2028 to strengthen its chips business, focusing on AI, its parent SK Group said on Sunday. SK Group also said it plans to secure 80 trillion won by 2026 to invest in artificial intelligence […]
Tag: Koreas
As South Korea’s population shrinks, same-sex couples say they can help
By Minwoo Park SUWON, South Korea (Reuters) – South Koreans Kim Eun-ha and Park Cho-hyeon would like to get married and have children, a plan that fits in with government ambitions to boost the world’s lowest fertility rate. The catch is that same-sex unions remain illegal in South Korea, and doctors refuse to perform artificial […]
South Korea’s exports to rise for ninth month on chip, US demand: Reuters poll
By Jihoon Lee SEOUL (Reuters) – South Korea’s exports are expected to have risen for a ninth consecutive month in June, with semiconductor sales to the U.S. leading the increase, although the growth rate likely slowed on calendar effects, a Reuters poll showed on Thursday. Exports in June from Asia’s fourth-largest economy are forecast to […]
North Korea’s Kim Jong Un could get his hands on some worrying military tech in exchange for throwing Russia a war lifeline
Putin and Kim deepened their arms deal and defense partnership at a summit last week. North Korea could demand a range of capabilities in exchange for sending Russia weapons for its war. Nuclear and missile technologies are at the top of the list, but Kim may also want fighter jets and satellite tech. North Korea […]
North Korea’s Kim gives pair of dogs to Putin
By Hyunsu Yim SEOUL (Reuters) – North Korean leader Kim Jong Un gave Russian President Vladimir Putin a pair of Pungsan dogs, a local breed, state media KCNA reported on Thursday. Kim and Putin were seen looking at the dogs, who were tied to a rose-covered fence, during a segment aired on the state-controlled Korean […]
Putin and North Korea’s Kim take turns to drive each other in Russian-made limousine
By Andrew Osborn (Reuters) -Russian President Vladimir Putin and North Korean leader Kim Jong-un took turns to drive each other around in a Russian-built Aurus limousine on Wednesday after the Kremlin said Putin had gifted one of the luxury vehicles to Kim. In a carefully staged public relations opportunity held amid tight security, the two […]
Russia’s Putin gives North Korea’s Kim a luxury Russian-built limousine, says TASS
MOSCOW (Reuters) – Russian President Vladimir Putin has presented North Korean leader Kim Jong Un with a Russian-built Aurus limousine, a tea set and an admiral’s dirk, Russia’s state news agency TASS quoted a Kremlin aide as saying on Wednesday. Putin, on a visit to Pyongyang, in turn received various works of art depicting himself, […]
North Korea’s Kim doesn’t look ‘healthy’
Sue Mi Terry, a former CIA North Korea analyst, said North Korean leader Kim Jong Un does not look healthy, based on footage of him meeting with Russian President Vladimir Putin. “My first reaction looking at Kim Jong Un was, ‘Oof, he doesn’t look too great to me,’” Terry told CNN’s Kaitlan Collins on Tuesday. […]
South Korea’s loudspeakers face questions over reach into North
By Hyun Young Yi SEOUL (Reuters) – The loudspeakers deployed by South Korea to wage psychological warfare against North Korea faced audits and legal battles claiming they are too quiet, raising questions over how far into the reclusive North their propaganda messages can blast. South Korea resumed loudspeaker broadcasts directed at North Korea on June […]
North Korea says it will stop sending trash-filled balloons after South Korea’s outcry
North Korea said on Sunday it will stop sending trash-filled balloons into South Korea, after the democratic nation pledged to take “unbearable” steps in retaliation. A North Korean vice defense minister, Kim Kang II, said on Sunday that his country sent the balloons in response to South Korea’s previous leaflet campaigns, which often spread critical […]
US and allies clash with China and Russia over North Korea’s launches and threats to use nukes
UNITED NATIONS (AP) — The United States and allies South Korea and Japan clashed with China and Russia Friday over North Korea’s latest satellite and ballistic missile launches and threats to use nuclear weapons that have escalated tensions in northeast Asia. The scene was an emergency open meeting of the U.N. Security Council called after […]
South Korea vows ‘unbearable’ response to North Korea’s trash balloons
South Korea on Sunday pledged it would take “unbearable” steps against North Korea after the country sent more balloons filled with trash across the border over the weekend. North Korea on Saturday launched hundreds more ballon carrying “filth” into multiple provinces of South Korea, including areas of Seoul. An estimated 700 balloons were believed to […]