Saturday, 19 January 2019

Tag Archives: South Korea

Calls for Huawei boycott get mixed response in Europe

LONDON: Europe is giving US-led calls for a boycott of Huawei 5G telecoms equipment a mixed reception, with some governments untroubled by spy suspicions against the Chinese giant, but others backing a ban. In the latest setback for the company, Huawei said Saturday it had fired an employee in Poland ...

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South Korea fines BMW 11.2b won for engine fires

SEOUL : South Korea’s transportation ministry fined BMW 11.2 billion won (US$9.93 million) for allegedly trying to hide faulty parts and belatedly recalling its vehicles after some engines caught fire. About 40 engines of BMW vehicles caught fire earlier this year, prompting the German luxury carmaker to recall some 100,000 ...

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South Korean coffee imports likely to contract

SEOUL: South Korea is expected to import less coffee for the first time in six years in 2018 as demand for the beverage has been hit by sluggish economic growth, market watchers here said. In the January-October period, total imports of coffee stood at 121,019 tons, down 1,103 tons from ...

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Interpol elects South Korea’s Kim Jong-yang as president

LONDON: International police body Interpol elected Kim Jong-yang of South Korea as president for a two-year term, beating a Russian national whose candidacy raised concerns in Europe and the United States about the risk of Kremlin interference. Interpol’s 194 member states, meeting in Dubai for their annual congress, elected Kim ...

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South Korean court allows conscientious objection to military service

SEOUL: South Korea’s supreme court ruled that moral and religious beliefs are valid reasons to refuse the country’s mandatory military service, in a case that has implications for hundreds of conscientious objectors. Some 65 years after the end of the Korean War, nearly every able-bodied South Korean male between the ...

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South Korea says 2018 exports likely to exceed $600bn to record

SEOUL: South Korea’s customs agency said on Monday exports this year are likely to exceed $600 billion and reach a record, up from last year’s $573.7 billion. Total exports exceeded $500 billion as of Monday, according to the Korea Customs Service. From January to September, exports stood at $450.3 billion, ...

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South Korea ex-president Lee jailed for 15 years over corruption

SEOUL: Former South Korean president Lee Myung-bak was jailed for 15 years for corruption Friday, becoming the latest of the country’s ex-leaders to be sent to prison. The 76-year-old CEO-turned-president, who served from 2008 to 2013, was found guilty on charges including bribery and embezzlement and ordered to pay a ...

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Moon Jae-in seeks nuclear agreement with Kim Jong Un

South Korean President Moon Jae-in and the North’s leader Kim Jong Un opened a new round of talks at a summit in Pyongyang with the North Korean nuclear arsenal high on the agenda, but Seoul warned they may not reach an agreement. Moon is on a three-day trip to the ...

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Two Koreas open joint liaison office in North

PYONGYANG: North and South Korea opened a joint liaison office in the Northern city of Kaesong on Friday as they knit closer ties ahead of President Moon Jae-in’s visit to Pyongyang next week. “A new chapter in history is open here today,” South Korean unification minister Cho Myoung-gyon told a ...

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Korean families separated by war to reunite briefly after 65 years

PYONGYANG: Some 180 families torn apart by the 1950-53 Korean War will be temporarily reunited in North Korea starting Monday after the two Koreas renewed exchanges this year following a standoff over Pyongyang’s nuclear and missile programs. The reunions, the first in three years, will take place in the North’s ...

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