Wednesday, 13 November 2019

Tag Archives: South Korea

North, South Korea Solve Time Issue

PANGYONG: Amid the recent diplomatic breakthrough in the relations between the two Koreas, the countries have managed to set a common time for the entire territory of the Korean Peninsula, the Korean Central News Agency reported Friday. The clocks in North Korea have been adjusted 30 minutes ahead and now ...

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An age of peace starts now, says North Korean leader Kim

SEOUL: North Korean leader Kim Jong-un, who met South Korean President Moon Jae-in on Friday in a historic summit, said a new age in inter-Korean relations has begun. “A new history starts now. An age of peace, from the starting point of history,” Mr. Kim wrote in Korean in a ...

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Former South Korean President jailed for 24 years

SEOUL: Park Geun-hye, the former president of South Korea was sentenced to 24-years in prison on multiple counts of abuse of power, bribery and coercion. The sentence announced on Friday – in the absence of ousted leader – is six years less than the punishment proposed by the prosecutors, however, the ...

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North Korea canceled planned meeting with Mike Pence

PYONGYANG: US Vice President Mike pence was scheduled to meet with North Korean officials, including leader Kim Jong Un’s sister, while in South Korea for the Winter Olympics this month but the North Koreans canceled at the last minute, U.S. officials said on Tuesday. “North Korea dangled a meeting in ...

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South Korean cryptocurrency regulator found dead in his home

BUSAN: One of the officials who helped South Korea’s regulatory changes on cryptocurrency, Jung Ki-joon, has been found dead in his home. Ki-joon was the head of economic policy at the Office for Government Policy Coordination, where he helped the efforts to mold a new legislation that would slow and ...

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Winter Olympics begin

SEOUL: In an extraordinary show of unexpected unity, North and South Korea sat side by side Friday night under exploding fireworks that represented peace, not destruction, as the 2018 Winter Olympics opened on a Korean Peninsula riven by generations of anger, suspicion and bloodshed. The sister of North Korea’s leader, ...

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33 dead in South Korea hospital blaze

SEOUL: At least 33 people were killed in a blaze at a hospital in South Korea on Friday, firefighters said, with more than 70 injured. It is the second devastating blaze in just a month in the advanced country, Asia´s fourth-largest economy. Videos posted on social media showed a patient ...

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South and North Korean Athletes to March as One at Olympics

SEOUL: The details of how North Korea will participate in the upcoming Winter Olympics in South Korea are still being worked out – but the two countries say their athletes will march together at the opening ceremony, under a unification flag. The two countries will also form a unified women’s ...

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South Korea to clamp down on e-cigarette hoarding

SEJONG: South Korea will clamp down on the hoarding of heat-not-burn (HNB) electronic cigarettes as major tobacco companies are set to mark up prices in the wake of adjustments made by the market leader, the finance ministry said Sunday. Tax and customs offices will team up with local governments to ...

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South Korea Plans Cryptocurrency Trading Ban

SEOUL: The end is here for bitcoin in South Korea, it seems, Government of the Asian nation has officially decided to ban cryptocurrency trading. Police and tax authorities have reportedly been raiding local exchanges on alleged tax evasion charges. The news dropped the price of bitcoin overnight, as South Korea ...

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