South Korean exports expected to continue to decrease in fourth quarter

Export, which led the Korean economy for about 2 years after the COVID-19 pandemic, has decreased rapidly due to the global economic slowdown. In addition, if consumption and domestic demand also decrease due to inflation and interest hikes, economic growth is expected to be negative in the fourth quarter. Although the South Korean economy continued […]

South Korean’s Yoon declares national mourning period over deadly Seoul stampede

South Korean President Yoon Suk-yeol on Sunday announced a period of national mourning and ordered the lowering of flags over a deadly Seoul stampede during Halloween celebrations that killed at least 151 people, including 19 foreigners, media reports said. At least 151 people were killed and 82 others were injured in a deadly stampede during Halloween […]

South Korean companies expected to announce investment in US in line with Biden’s visit

South Korea companies are also preparing related businesses as the ‘economic security’ has been selected as the main agenda at the Korea-U.S. summit in Seoul on the 21st. President Yoon Suk-yeol said on the 16th that he will discuss ways to strengthen global supply chain cooperation through the India-Pacific Economic Framework (IPEF) with U.S. […]

South Korean research team develops potable electronic nose device assessing meat freshness

A research team led by Dr Kwon Oh-seok at the Infectious Disease Research Center of Korea Research Institute of Bioscience and Biotechnology announced on the 24th that it has developed a portable ‘electronic nose’ that can assess meat freshness. This newly developed electron nose can measure cadaverine and putrescine, organic […]

Japanese diplomat refuses to hold press conference with South Korean counterpart

Japanese Deputy Foreign Minister Takeo Mori has refused to hold a press conference with his South Korean counterpart in Washington amid the escalation of the dispute over the Takeshima Islands (called Dokdo Islands by Seoul), Japan’s Chief Cabinet Secretary Hirokazu Matsuno said on Thursday. On Wednesday, Japan expressed “deepest regret” over the trip of the South Korean police […]

US State Secretary, Japanese, South Korean Foreign Ministers to discuss North Korea

The foreign ministers of Japan and South Korea will meet on Wednesday in New York with the US secretary of state to discuss the situation around North Korea amid recent missile launches, the Kyodo news agency reported, citing sources in the US State Department. The last time US Secretary of State Antony Blinken, Japanese Foreign Minister Toshimitsu Motegi and their South Korean counterpart Chung […]

Army troops display para dropping techniques to South Korean Defence Minister in Agra

Indian Army Troops displayed para dropping techniques to South Korean Defence Minister Suh Wook on Saturday morning in Agra. Indian Army Chief MM Naravane, who was also present there, witnessing combat freefall and static line jump. The programme, organised to commemorate Shu Wook’s visit to India, continued for half-hour glorifying the bilateral defence meet between […]