Business Standard

Page 3 - South Korea

S Korea's Oppn urges Yoon to resign or face impeachment over martial law

President Yoon Suk Yeol's martial law declaration was a clear violation of the constitution

S Korea's Oppn urges Yoon to resign or face impeachment over martial law
Updated On : 04 Dec 2024 | 11:14 AM IST

South Korea rushes to stabilise markets after Prez Yoon's martial law bid

The BOK said it will start special repo operations from Wednesday for local financial institutions to support smooth market functioning

South Korea rushes to stabilise markets after Prez Yoon's martial law bid
Updated On : 04 Dec 2024 | 10:03 AM IST

South Korea's midnight martial law: A dramatic move reversed in hours

South Korean President Yoon Suk Yeol announced the first martial law in over 40 years, reversing it hours later following a Parliamentary vote

South Korea's midnight martial law: A dramatic move reversed in hours
Updated On : 04 Dec 2024 | 9:44 AM IST

Asian stocks fall amid volatility as South Korea faces political turmoil

The benchmark KOSPI index was down nearly 2 per cent, taking its year-to-date losses to over 7 per cent

Asian stocks fall amid volatility as South Korea faces political turmoil
Updated On : 04 Dec 2024 | 8:24 AM IST

South Korean President Yoon Suk Yeol declares emergency martial law

He did not cite any specific threat from the nuclear-armed North, however, instead focusing on his domestic political opponents

South Korean President Yoon Suk Yeol declares emergency martial law
Updated On : 03 Dec 2024 | 10:28 PM IST

South Korea Parliament rejects President Yeol's martial law declaration

The South Korean parliament has voted to defy the country's president and immediately lift his martial law declaration. President Yoon Suk Yeol declared martial law late Tuesday, vowing to eliminate anti-state forces as he struggles against an opposition that controls the country's parliament and that he accuses of sympathising with communist North Korea. The surprising move harkened back to an era of authoritarian leaders that the country has not seen since the 1980s, and it was immediately denounced by the opposition and the leader of Yoon's own conservative party.

South Korea Parliament rejects President Yeol's martial law declaration
Updated On : 03 Dec 2024 | 10:27 PM IST

Blaze in Mercedes-Benz helps South Korea to reshape it's EV policy

Mercedes-Benz blaze was undoubtedly an unfortunate event, but it cast a much-needed spotlight on the issue and sparked calls for stricter regulations

Blaze in Mercedes-Benz helps South Korea to reshape it's EV policy
Updated On : 02 Dec 2024 | 8:46 AM IST

South Korean politician calls for probe into biomass imports from Indonesia

A South Korean National Assembly member has called for a moratorium on wood pellet imports from Indonesia and an investigation into their environmental impacts after government data and satellite analysis linked the country's biomass imports to deforestation in Indonesia. We should stop imports of wood pellets and it's important for our government to investigate exactly what kinds of environmental destruction is occurring on the spot, Moon Dae-Lim, a lawmaker with South Korea's main liberal opposition Democratic Party, said in recent written responses to questions from The Associated Press. Identifying and correcting potential risks in supply chains and value chains is key to a sustainable project. Biomass can come from organic material like plants, wood and waste, and many coal-fired power plants can be easily modified to burn it alongside coal to make energy. As countries accelerate their energy transitions, demand for biomass is growing: The use of bioenergy has increased an ...

South Korean politician calls for probe into biomass imports from Indonesia
Updated On : 29 Nov 2024 | 9:39 AM IST

Starbucks offers glimpse of North Korean life from new South Korea cafe

Starbucks Coffee Korea's new riverbank cafe at an observatory tower in South Korea's Gimpo city promises coffee aficionados a chance to gaze at normal village life in Gaepung county across border

Starbucks offers glimpse of North Korean life from new South Korea cafe
Updated On : 29 Nov 2024 | 9:25 AM IST

India proposes fund to help developing nations fight plastic pollution

The fund would be modelled on the successful multilateral fund established under the Montreal Protocol, which addressed ozone depletion

India proposes fund to help developing nations fight plastic pollution
Updated On : 27 Nov 2024 | 11:29 PM IST

Breaking the glass ceiling: Why Kim Kyung-Ah's Samsung CEO role matters

Kim Kyung-Ah's appointment as CEO of Samsung Bioepis breaks an 86-year tradition, making her the first woman outside the founding family to lead a Samsung company

Breaking the glass ceiling: Why Kim Kyung-Ah's Samsung CEO role matters
Updated On : 27 Nov 2024 | 5:38 PM IST

India aiming to finalise carbon deals with Japan, Singapore, and S Korea

Talks over prospective future deals also are taking place with Germany and Sweden

India aiming to finalise carbon deals with Japan, Singapore, and S Korea
Updated On : 25 Nov 2024 | 11:48 AM IST

Japan holds Sado mines memorial despite South Korean boycott amid tensions

Japan held a memorial ceremony on Sunday near the Sado Island Gold Mines despite a last-minute boycott of the event by South Korea that highlighted tensions between the neighbors over the issue of Korean forced laborers at the site before and during World War II. South Korea's absence at Sunday's memorial, to which Seoul government officials and Korean victims' families were invited, is a major setback in the rapidly improving ties between the two countries, which since last year have set aside their historical disputes to prioritize U.S.-led security cooperation. The Sado mines were listed in July as a UNESCO World Heritage site after Japan moved past years of disputes with South Korea and reluctantly acknowledged the mines' dark history, promising to hold an annual memorial service for all victims, including hundreds of Koreans who were mobilized to work in the mines. On Saturday, South Korea announced it would not attend the event, saying it was impossible to settle unspecified .

Japan holds Sado mines memorial despite South Korean boycott amid tensions
Updated On : 24 Nov 2024 | 11:44 AM IST

United States leads global Network Readiness Index 2024; India ranks 49th

Singapore has retained the second position, while South Korea has risen to fifth, making them the only Asian countries in the top 10

United States leads global Network Readiness Index 2024; India ranks 49th
Updated On : 22 Nov 2024 | 7:08 PM IST

Russia supplied air defence missiles to N Korea in return for troops: Seoul

Russia has supplied air defence missiles to North Korea in exchange for sending its troops to support Russia's war efforts against Ukraine, a top South Korean official said Friday. The US, South Korea and Ukraine say North Korea sent more than 10,000 troops to Russia in October, some of whom have recently began engaging in combat. It has been unclear what Russia would give North Korea in return. Shin Wonsik, national security adviser for President Yoon Suk Yeol, told a SBS TV program Friday that South Korea has found Russia provided missiles and other equipment to reinforce its air defence network for Pyongyang, the capital. Many observers say North Korea likely feels the urgent need to boost its air defence capabilities for the capital after the North last month accused South Korea of dropping propaganda leaflets over Pyongyang. North Korea threatened to take military action if leaflets were again dropped. South Korea's military has refused to confirm whether or not it was behind t

Russia supplied air defence missiles to N Korea in return for troops: Seoul
Updated On : 22 Nov 2024 | 2:16 PM IST

S Korea finds Russia supplied missiles to North Korea in return for troops

A top South Korean official says Russia has supplied anti-air missiles to North Korea in exchange for it sending troops. The US, South Korea and others say North Korea has sent more than 10,000 troops to Russia to support its war against Ukraine. What Russia would give North Korea in return has been the focus of keen attention. National Security Director Shin Wonsik told a SBS TV programme Friday that South Korea has found Russia has provided anti-air missiles and other equipment to reinforce its air defence network for Pyongyang, the capital. Shin says Russia has also give diverse economic assistance to North Korea. Seoul and Washington have voiced worries about possible Russian transfers of sensitive nuclear and missile technology to North Korea.

S Korea finds Russia supplied missiles to North Korea in return for troops
Updated On : 22 Nov 2024 | 1:16 PM IST

South Korea's 'mountain' of plastic waste highlight limits of recycling

Bi-monthly MIT Technology Review magazine has rated South Korea as 'one of the world's best recycling economies', and the only Asian country out of the top 10 on its Green Future Index in 2022

South Korea's 'mountain' of plastic waste highlight limits of recycling
Updated On : 22 Nov 2024 | 11:23 AM IST

North Korea supplied more conventional weapons to Russia: South Korea

North Korea recently supplied additional artillery systems to Russia to support its war efforts against Ukraine, while some of the thousands of North Korean troops deployed in Russia have begun engaging in combat, South Korea's spy agency told lawmakers on Wednesday. The South Korean assessment came after Russia warned on Monday that US President Joe Biden's decision to let Ukraine strike targets inside Russia with US-supplied longer-range missiles adds fuel to the fire of the war. US officials said Biden's decision was triggered almost entirely by North Korea's entry into the war. In a closed-door briefing at parliament, the National Intelligence Service said that North Korea exported 170mm self-propelled guns and 240mm multiple rocket launch systems to Russia, according to lawmaker Lee Seong Kweun, who attended the meeting. Lee told reporters that the NIS assessed those weapons are a type of artillery the Russian military doesn't operate so North Korea likely dispatched personnel

North Korea supplied more conventional weapons to Russia: South Korea
Updated On : 20 Nov 2024 | 2:06 PM IST

Biden praises cooperation at meeting with S Korean, Japanese leaders

President Joe Biden on Friday praised the cooperation between South Korea, Japan and the US at countering what he described as North Korea's "dangerous and destabilising cooperation with Russia". Biden spoke at the start of a meeting in Peru with South Korean President Yoon Suk Yeol and Japanese Prime Minister Shigeru Ishiba. The talks came amid heightened concerns about North Korea's growing military partnership with Russia and Pyongyang's stepped-up cadence of ballistic missile tests. The meeting on the sidelines of the Asia-Pacific Economic Cooperation summit in Peru comes as North Korea has deployed thousands of troops to Russia to help Moscow try to claw back land in the Kursk border region that Ukraine seized earlier this year. I'm proud of how far we've come, Biden said. Whatever the issue, we've taken it on together." North Korean leader Kim Jong Un also ordered a series of ballistic missile tests in the lead-up to this month's US election and is claiming progress on effort

Biden praises cooperation at meeting with S Korean, Japanese leaders
Updated On : 16 Nov 2024 | 7:59 AM IST
Updated On : 15 Nov 2024 | 7:59 PM IST