Tag: Koreas

Kim Jong Un vows to bolster North Korea’s war readiness

North Korean leader Kim Jong Un has called for bolstered war readiness to repel what he said were unprecedented US-led confrontational moves, state media reported. South Korea has vowed a stern retaliation against any provocations by the North. Mr Kim’s comments, which came during a key political meeting tasked with setting state objectives for 2024, […]

South Korea’s Coupang to acquire online luxury retailer Farfetch

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. South Korean ecommerce group Coupang has agreed to acquire Farfetch, providing a lifeline for the foundering luxury-focused online retailer that had been rushing to avoid insolvency. Investment group Greenoaks Capital Partners will also take part […]

US, South Korea and Japan urge stronger push to curb North Korea’s nuclear program

Washington, Seoul and Tokyo have also expressed concerns about a potential arms alignment between North Korea and Russia. They worry Kim is providing badly needed munitions to help Russian President Vladimir Putin wage war in Ukraine in exchange for Russian technology assistance to upgrade his nuclear-armed military. Speaking after the meeting, U.S. national security adviser […]