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Reporter : Jung Min-ho
Thu, December 7, 2023 | 23:23
Yoon pardons Samsung chief, other business tycoons to 'overcome economic crisis'
President Yoon Suk-yeol has granted his first special pardons to Samsung heir Lee Jae-yong and other business tycoons to help “overcome an economic crisis” facing Korea. Lotte Group Chairman Shin Dong-bin, Dongkuk Steel Mill Chairman and CEO Chang Sae-joo and former STX Group Chairman Kang Duk-soo were among other business leaders who are being pardoned, Monday, on the 77th a...
Yoon holds first meeting with USFK chief since inauguration
President Yoon Suk-yeol had a closed meeting with U.S. Forces Korea Commander Gen. Paul LaCamera at the presidential office, Tuesday, in the first talks between the two since he was inaugurated on May 10, a top-ranking official told The Korea Times. “Issues such as the security situation surrounding the Korean Peninsula and Seoul-Washington (military) cooperation were discuss...
[INTERVIEW] Polish arms deal may well lead to greater opportunities for Korea: expert
South Korea's recent arms deals with Poland demonstrate its potential in the global military procurement market and it may well lead to greater opportunities, particularly in Eastern Europe, according to an expert. “The Ukraine experience suggests that countries don't have to have top-of-the-line weapons to defeat parts of the Russian forces,” Bruce Bennett, a senior defense ...
North Korea releases water from border dam after downpours
North Korea released water from a dam near South Korea without providing prior notice despite an inter-Korean agreement and Seoul's repeated requests, an official said Tuesday. “It appears that North Korea has repeatedly opened floodgates on Hwanggang Dam without notifying us,” an official told The Korea Times. “So far, there have been no reports of damage by the recent water...
Ruling party's self-inflicted crisis
After two consecutive election wins for president and local offices, the ruling People Power Party (PPP) has found itself in a self-inflicted "emergency" that will only get worse as faction leaders vow to continue to fight despite President Yoon Suk-yeol's abysmal approval ratings.Suspended PPP Chairman Lee Jun-seok is at the very center of the party's internal conflict.Under...
Korean, US parliamentary leaders vow to expand alliance amid mounting tensions near Taiwan
The parliamentary leaders of South Korea and the United States vowed to expand the bilateral alliance further in defense and technology, Thursday, the day Beijing launched unprecedented live-fire military drills near Taiwan in a warning to Washington. National Assembly Speaker Kim Jin-pyo and U.S. House Speaker Nancy Pelosi met for talks in Seoul, where they agreed to improve...
Lee Jae-myung claims innocence amid corruption probe
Rep. Lee Jae-myung, a leading candidate for the main opposition Democratic Party of Korea's top post, claimed his innocence Wednesday amid an ongoing investigation into corruption allegations surrounding him and his family, accusing prosecutors and police of “colluding” with certain politicians. The risk of being prosecuted stands as the biggest obstacle to his ambition of co...
Defense chiefs of Korea, Australia to meet for talks on arms industry cooperation
Defense Minister Lee Jong-sup departed for Canberra, Tuesday, for talks with his Australian counterpart Richard Marles on arms industry cooperation and regional security. According to the Ministry of Defense, the two are scheduled to meet in the capital Thursday, in the first official talks between the nations' defense chiefs since the Australian Labor Party took power in May.
Two possible reasons behind recent mask-free gatherings in North Korea
North Korea's official numbers of suspected COVID-19 cases and photos of the ruling elite in recent weeks suggest that it is clearly making progress against the coronavirus despite almost no vaccination efforts, according to experts Monday. North Korea's number of new suspected COVID-19 cases remained at zero for the third consecutive day, according to the Korean Central News...
North Korea may delay nuclear test until end of China's party congress: experts
North Korea may postpone its next nuclear weapons test for several months until the end of the National Congress of the Communist Party of China, the country's most important event in years, according to experts Friday. The North has completed preparations for its seventh nuclear test, intelligence reports show. But it has not taken action for months. Experts say China is mos...
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