Page 6 - South Korea

S Korea's National Assembly passes 2023 budget, cuts corporate tax

It marks the first time in three years that the budget was decreased by the parliament

North Korea fired two short-range ballistic missiles, says Seoul military

It added the two missiles were launched into the waters between the Korean Peninsula and Japan

North Korea fires ballistic missiles after drills by US-South Korea

North Korea fired two short-range ballistic missiles toward its eastern waters on Friday, its latest weapons demonstration that came days after US and South Korean warplanes conducted joint drills that North Korea views as an invasion rehearsal. North Korea has conducted an unprecedented number of missile tests this year in what some experts call an attempt to bolster its weapons capability and pressure its rivals to make concessions such as sanctions relief in future negotiations. Recently, the North also claimed to have performed major tests needed to acquire its first spy satellite and a more mobile intercontinental ballistic missile capable of reaching the US mainland. South Korea's military detected the two missile launches from North Korea's capital region at around 4:32 pm on Friday. Japan said it also confirmed at least one missile launch by North Korea. It wasn't immediately clear exactly what kinds of missiles North Korea fired. South Korea's military said the missiles ...

North Korea fires ballistic missile days after US-South Korea joint drills

South Korea says North Korea has fired a ballistic missile toward its eastern waters. South Korea's Joint Chiefs of Staff said the launch was made on Friday but gave no further details like what type of weapon North Korea fired and how far it flew. The launch was three days after the US flew nuclear-capable bombers and advanced stealth jets near the Korean Peninsula for joint training with South Korean warplanes. North Korea typically views such military exercises by the US and South Korea as an invasion rehearsal.

Kerala sounds alert, asks districts to step up surveillance on Covid-19

Kerala Health Minister Veena George said that a general alert has been issued in the state due to the increasing number of Covid-19 cases in some countries such as China, Japan, South Korea and US

South Korea, US mulling live-fire drills to mark 70th yr of alliance

South Korea and the US are considering staging their first large-scale combined live-fire demonstration in six years in 2023 to mark the 70th anniversary of the establishment of their alliance

Hyundai becomes 3rd largest carmaker, set to overtake Toyota, Volkswagen

While Toyota Motor Corp. and Volkswagen AG vie each year for pole position atop the global automobile industry, Hyundai has quietly slipped in behind them, surpassing General Motors Co., Nissan Motor

Number of immigrants in S Korea down 2% in 2022 amid Covid pandemic

Among foreign nationals, those from China, including ethnic Koreans, accounted for 46.8 per cent, trailed by Vietnam with 13 per cent

South Korea to extend fuel tax cut for 4 more months amid high prices

South Korea on Monday announced its decision to extend the fuel tax cut for four more months amid the high energy prices, according to the Ministry of Economy and Finance

S Korea's sea level rises nearly 10 cm over 33 yrs due to climate change

The sea level rose 15.4 cm over the past 62 years, or 2.49 mm per year

North Korea launches two medium-range missiles into East Sea: South Korea

North Korea launched two medium-range ballistic missiles into the East Sea on Sunday, Yonhap news agency said citing South Korean military

North Korea launches ballistic missile off east coast, says Seoul official

North Korea launched a ballistic missile Sunday off its east coast, South Korea said. South Korea's Joint Chief of Staff said the launch was made on Sunday morning but gave no further details. The launch came three days after North Korea said it tested a high-thrust solid-fuel motor for a new strategic weapon, a development that could allow it to possess a more mobile, harder-to-detect arsenal of intercontinental ballistic missiles that can reach the U.S. mainland. In recent months, North Korea has test-fired a barrage of nuclear-capable ballistic missiles including last month's launch of its developmental, longest-range, liquid-fueled Hwasong-17 ICBM designed to carry multiple warheads. Some experts say North Korea would eventually use an expanded arsenal to seek sanctions relief and other concessions from the United States.

Fifa World Cup 2022: A tournament of underdogs and major upsets in Qatar

Fifa World Cup 2022, Qatar: The tournament has seen a lot of upsets, and Morocco has been the best team that has upset many big teams in the world.

S Korea to hold international forum on N Korea's human rights situation

South Korea's new envoy for the North's human rights, Lee Shin-hwa, plans to serve as a moderator for the seminar

S Korea logs 54,319 fresh Covid-19 cases amid virus surge worries

South Korea reported more than 50,000 new Covid cases on Sunday, the largest for a Sunday in more than three months, amid concerns of another surge as government mulls easing the indoor mask mandate

South Korean truckers end 16-day strike over freight rates, return to work

Thousands of South Korean truckers are returning to work after voting Friday to end their 16-day walkout that disrupted construction and other domestic industries. Thousands of truckers seeking financial protections as fuel prices rise went on strike November 24. The government took aggressive steps to minimise interruptions such as by widening back-to-work orders on truckers and mobilising military vehicles to ease delays in industrial shipments. About 3,600 of the Cargo Truckers Solidarity union's 26,000 members participated in Friday's vote, and about 62 per cent of them voted in favour of ending the strike and returning to work. The union, which was striking to demand the government make permanent a minimum freight rate system that is set to expire at the end of 2022, said it will continue fighting for minimum fares it says are crucial for drivers' safety and financial stability in the face of rising fuel costs. The vote came a day after the government widened its contentious w

'Underweight' on India, China to lead Asian outperformance in 2023: Nomura

The key risks identified by the brokerage are stretched government finances and oil prices going past $120 a barrel

Covid-19: S Korea to decide on indoor mask mandate by end of month

The mandate is the last remaining Covid-19 restriction South Korea has kept in place following the scrapping of all other distancing rules

North Korea once again fires artillery rounds over South Korea's drills

North Korea on Tuesday fired a barrage of artillery rounds into waters near rival South Korea for the second consecutive day in a tit-for-tat response for the South's live-fire drills in an inland border region. South Korea's Joint Chiefs of Staff said it detected North Korea firing around 90 artillery rounds from a front-line area along its eastern coast around 10 a.m. It said the shells, which were likely from multiple rocket launchers, landed in the northern side of a maritime buffer zone the Koreas established in 2018 to reduce border tensions. The firings came shortly after the North Korean People's Army's General Staff said it instructed front-line units to launch artillery into the sea as a warning following South Korean artillery exercises in a region near their land border. North Korea also on Monday fired around 130 artillery rounds into waters near the buffer zones with South Korea, while accusing the South of raising unnecessary tension in front-line areas. The latest .

North Korea military orders new artillery firing over South Korea drills

North Korea's military says it has ordered frontline units to conduct artillery firings into the sea for the second consecutive day in a tit-for-tat response to South Korean live-fire drills in an inland border region. The statement by the North Korean People's Army's General Staff came a day after the North fired about 130 artillery rounds into waters near its western and eastern sea boundaries with South Korea in the latest military action raising tensions between the rivals. An unidentified North Korean military spokesperson said the planned artillery firings Tuesday were meant as a warning to the South after the North detected signs of South Korean artillery exercises in the border region. The South Korean army is conducting live-fire exercises involving multiple rocket launching systems and howitzers in two separate testing grounds in the Cheorwon region, which began on Monday and continues through Wednesday. North Korea's military said Monday that it instructed its western an