Articles by Yonhap
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China confirms detention of S. Korean national on suspected espionage charges
China confirmed Tuesday that it has detained a South Korean citizen on suspicion of violating the country's anti-espionage law, marking the first case where a South Korean national has been arrested in China since the revised law took effect last year. "A South Korean national was arrested by Chinese authorities on charges of espionage," Lin Jian, a spokesperson at China's foreign ministry, told a press briefing, without disclosing other details. He said China has notified th
Foreign Affairs Oct. 29, 2024
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Top diplomats of S. Korea, EU to hold talks next week amid NK troop deployment
Top diplomats of South Korea and the European Union will hold talks next week, Seoul's foreign ministry said Tuesday, with discussions likely to cover North Korea's dispatch of troops to Russia. Foreign Minister Cho Tae-yul and Josep Borrell, the EU's high representative for foreign affairs and security policy, will meet in Seoul next Monday at the inaugural South Korea-EU strategic dialogue. The strategic dialogue platform was established following a bilateral summit held in May
Foreign Affairs Oct. 29, 2024
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Court dismisses injunction by ex-ADOR head Min seeking reinstatement as CEO
A Seoul court on Tuesday dismissed an injunction request by the former CEO of K-pop label ADOR seeking to be reinstated to her position, amid the ongoing dispute with ADOR's parent company, Hybe. Min filed for the injunction last month as she contested the board's decision to remove her from the job over Hybe accusing her of attempting to take control of ADOR and its flagship group, NewJeans. Min has denied the claims. The Seoul Central District Court said it was dismissing the case as
K-pop Oct. 29, 2024
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Top security adviser meets Danish parliament delegation
National Security Adviser Shin Won-sik met with a visiting Danish parliament delegation Tuesday, and discussed the bilateral partnership and other issues, including North Korea's troop deployment to Russia, the presidential office said. In the meeting with the delegation, which included Michael Aastrup Jensen, head of the foreign affairs policy committee of the Danish parliament, Shin stressed that South Korea is urging North Korean troops to withdraw from Russia immediately and end its ill
Defense Oct. 29, 2024
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Yoon's foreign policy adviser visits Australia to discuss security, frigate project
Chang Ho-jin, foreign policy adviser to President Yoon Suk Yeol, has visited Australia to discuss cooperation in the security and defense industry, including Canberra's frigate project, the presidential office said Tuesday. Chang visited Australia from Monday to Tuesday for meetings with Australian Foreign Minister Penny Wong and Vice Minister of Defense Greg Moriarty to exchange opinions on regional security issues and Australia's military acquisition program. During the meetings, Cha
Foreign Affairs Oct. 29, 2024
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Seoul shares up for 3rd day led by Samsung
South Korean stocks rose for three straight sessions Tuesday as the robust performance of top-cap Samsung Electronics offset losses from battery and auto shares. The local currency fell against the US dollar. The benchmark Korea Composite Stock Price Index (Kospi) gained 5.37 points, or 0.21 percent, to 2,617.8, extending its winning streak for the third consecutive session. Trade volume was slim at 335.2 million shares worth 9.1 trillion won ($6.56 billion), with decliners beating gainers 441 t
Market Oct. 29, 2024
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Yoon says N. Korea's troop deployment in Russia constitutes security threats to S. Korea, world
President Yoon Suk Yeol said Tuesday that North Korea's troop deployment in Russia constituted security threats to both South Korea and the world, denouncing what he calls "illegal" military cooperation between Pyongyang and Moscow. Yoon made the remark during a Cabinet meeting amid North Korea's deployment of its troops in western Russia, with all signs suggesting that the North's troops may soon be ready for battlefield deployment against Ukraine forces. "This ill
Politics Oct. 29, 2024
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N. Korean foreign minister departs for Russia amid troop dispatch
North Korean Foreign Minister Choe Son-hui has departed for Russia for an official visit, the North's state media reported Tuesday, in a visit that comes as the United States said the North sent about 10,000 soldiers to train in eastern Russia. The visit by Choe to Russia is expected to include discussions about a potential visit by North Korean leader Kim Jong-un to Moscow amid deepening military ties between the two countries. Choe left Pyongyang International Airport on Monday, the Korea
North Korea Oct. 29, 2024
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S. Korea vows active response to US' investment curbs on China
The United States' planned restriction of investment in key technology sectors in China is expected to have a limited impact on the South Korean economy, but Seoul will closely analyze the measure and devise responses if necessary, the finance ministry said Tuesday. On Monday, the US Treasury Department issued final rules to curb US investments in artificial intelligence, semiconductors and other advanced technology sectors in China, effective Jan. 2, 2025, citing national security risks. &
Diplomatic Circuit Oct. 29, 2024
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Seoul shares open lower despite US gains
South Korean stocks started lower Tuesday despite overnight gains on Wall Street. The benchmark Korea Composite Stock Price Index (Kospi) lost 12.01 points, or 0.46 percent, to 2,600.42 in the first 15 minutes of trading. U.S. stocks finished higher ahead of earnings reports of major tech firms. The Dow Jones Industrial Average rose 0.65 percent, and the Nasdaq Composite added 0.26 percent. In Seoul, market bellwether Samsung Electronics fell 0.69 percent and its chipmaking rival SK hynix went d
Market Oct. 29, 2024
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US unveils final rules to limit AI, semiconductor, other tech investments in China
The United States issued final rules Monday to curb US investments in artificial intelligence, semiconductors and other technology sectors in China, calling them a national security measure to keep those advanced technologies away from "countries of concern." The Treasury Department unveiled the rules -- effective Jan. 2 next year -- to implement an executive order signed by President Joe Biden in August 2023, as Washington has been striving to limit China's access to critical tec
Diplomatic Circuit Oct. 29, 2024
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US says N. Korea has sent about 10,000 troops to eastern Russia
North Korea has sent around 10,000 troops to eastern Russia, which will likely augment Russian forces near Ukraine "over the next several weeks," a US National Security Council official said Monday, as President Joe Biden called the deployment "very dangerous." A NSC spokesperson made the remarks after North Atlantic Treaty Organization (NATO) Secretary General Mark Rutte confirmed that North Korean troops have been deployed to Russia's western front-line Kursk region --
North Korea Oct. 29, 2024
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FIFA President Infantino visits KFA
FIFA President Gianni Infantino paid a visit to the headquarters of the Korea Football Association in Seoul on Monday. Infantino arrived in South Korea earlier Monday to attend the Asian Football Confederation Annual Awards, scheduled to take place in Seoul on Tuesday evening. The KFA said this was Infantino's first visit to its office since 2017, when South Korea hosted the FIFA U-20 World Cup. Infantino met with KFA President Chung Mong-gyu and other KFA officials. He was briefed on the c
Soccer Oct. 28, 2024
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S. Korea to use homegrown transmission for K2 tanks
South Korea's defense authorities approved on Monday a plan to build K2 battle tanks with a homegrown transmission system, the state arms procurement agency said. Under the plan endorsed by the Defense Project Promotion Committee, K2 tanks will be equipped with a locally developed power pack, which comprises the transmission and the engine, starting from the fourth batch of production that will be built by 2028, according to the Defense Acquisition Program Administration. "The K2 battl
Defense Oct. 28, 2024
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Yoon's foreign policy adviser visits Australia for frigate project
President Yoon Suk Yeol's foreign policy adviser, Chang Ho-jin, visited Australia on Monday to ask the country to allow South Korean firms to participate in its frigate project, Yoon's office said. In February this year, Australia announced a plan to acquire 11 new frigates for its Navy, with South Korean, Japanese, German and Spanish vessels being mentioned as candidates. On the sidelines of the East Asia Summit in Laos early this month, President Yoon met Australian Prime Minister An
Politics Oct. 28, 2024
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