100-day countdown starts for Busan hosting of S. Korea-ASEAN special summit on Nov. 25-26 2019-08-19 07:08:38 KST
News Keywords Nat'l/Politics North Korea Economy IT/Science Foreign Policy World Life/Culture Sports Weather Seoul vending machines offer cash for recyclable cans, bottles 2019-08-19 S. Korean, U.S. officials to meet in Seoul ahead of defense cost sha 2019-08-19 So far, WTO has ruled in favor of S. Korea in disputes with Japan 2019-08-19 Key N. Korean, Chinese officials express willingness to strengthen bil 2019-08-18 N. Korea's words are too rude to be seen as official stance on S. Kore 2019-08-16 Abe says Japan will coordinate closely with U.S. on N. Korea, excludin 2019-08-16 Costs of raising pets and changing pet market consumer trends 2019-08-19 Seoul notified Japan of removal from list of trusted trading partners 2019-08-18 S. Korea's foreign ministry sounds off to Europe regarding Japan's exp 2019-08-17 Samsung Tests How 5G Can Improve Chip-Making 2019-08-16 Korean researchers discover key to Alzheimer's treatment through brain 2019-08-16 Top Korean gaming companies fostering healthy, productive E-sports sta 2019-08-14 1.1 mil. tons of radioactive water to flow into East Sea in 1 year of 2019-08-14 S. Korea, U.S. renewed Mutual Airlift Support Agreement last month 2019-08-14 Many international media outlets forecast Seoul-Tokyo trade tensions t 2019-08-13 Iceland holds funeral for its first lost glacier 2019-08-19 Islamic State claims responsibility for suicide bombing in Kabul tha 2019-08-19 Tokyo 2020 para-triathlon test event cut short due to bad water qual 2019-08-19 Content creators and fans gather at Incheon International Single-Media 2019-08-17 Overseas Korean artists to perform together to commemorate 74th Libera 2019-08-15 New statue to commemorate 'comfort women' unveiled on Mt. Namsan 2019-08-15 K League to sue over exhibition match in which Ronaldo refused to play 2019-08-16 Hur Mi-jung sets 72-hole tournament record at 20 under par to capture 2019-08-12 LA Dodgers' Ryu Hyun-jin grabs his 12th win of the season against Ariz 2019-08-12 Hot and sunny during day, showers in southeast 2019-08-19 Sporadic showers expected through the weekend 2019-08-16 Passing showers in store with warmer highs 2019-08-16
Issue Now S. Korea-Japan Trade Row Japan's export curbs merely relieve stress on Abe gov't: Japanese economist 2019-08-19 S. Korea forms field support team to aid companies facing trouble due to Japan's export curbs 2019-08-19 Abe administration must own up to Japan's wartime history: Asahi Shimbun 2019-08-18 Seoul notified Japan of removal from list of trusted trading partners in advance 2019-08-18 Japanese Emperor Naruhito expresses deep remorse over Japan's wartime atrocities 2019-08-16 Moon pledges to establish prosperous 'peace economy' 2019-08-16 N. K's recent missiles pose bigger threat N. Korea releases photos from latest test of weapon resembling U.S. ATACMS 2019-08-17 N. Korea releases photos from latest test of weapon resembling U.S. ATACMS 2019-08-17 North Korea missile analysis 2019-08-16 N. Korea conducts sixth launch of projectiles towards East Sea in three weeks 2019-08-16 N. Korea conducts sixth launch of projectiles towards East Sea in three weeks 2019-08-16 N. Korea has 'no thought' of ever sitting down with S. Korea again: KCNA 2019-08-16
Most Popular Moon promises to build 'unshakable nation' at 74th Liberation Day Building an unshakable nation, that was the theme of President Moon's message to mark August 15th, the nation's Liberation Day, celebrating the end of Japan's colonial rule in 1945. "Today, I renew my commitment to meeting the aspirations of the people to build an unshakable nation by reminding myself of our people who have demonstrated remarkable resilience in the face of a series of crises." Speaking during a national ceremony held at the Independence Hall of Korea in Cheonan, Chungcheongnam-do Province, President Moon Jae-in said the nation should become a responsible economic powerhouse and cooperate with Japan on an "equal" footing. Referring to Japan's retaliatory trade restrictions against South Korea, launched at the start of July, the president sent out a clear message that his nation will overcome such trade controls. "In the face of Japan's unwarranted export restrictions, we will continue our determined march toward being a responsible economic powerhouse." Highlighting that the neighbors should overcome the past and move towards the future, the president said Japan should stop using trade as a "weapon." "Within the international division of labor, if any country weaponizes a sector where it has a comparative advantage, the peaceful free trade order will inevitably suffer damages. A country that achieved growth first must not kick the ladder away while others are following in its footsteps." This, in reference to Japan recently removing South Korea from its whitelist of trusted trade partners, in apparent retaliation for Seoul's handling of the issue of compensation to Korean victims of Japan's wartime forced labor. But President Moon "gladly" left the door open for possible dialogue between Seoul and Tokyo, should Japan choose the path of cooperation. This follows the administration's two-track approach in resolving historical issues separately while pursuing a future-oriented relationship. And the president said he hopes Japan can play a leading role in building peace and prosperity in the region. Speaking on the upcoming Tokyo Olympics slated for next year, President Moon said it will continue an unprecedented series of Olympics being held in East Asia with Tokyo 2020 coming in between the 2018 PyeongChang Winter Olympics and the Beijing Winter Olympics in 2022. And the preisdent called it a "golden opportunity" to solidifying the "framework of friendship and cooperation" and to move onto the path toward common prosperity. Shin Se-min, Arirang News. 2019-08-16 North Korea missile analysis Today's missile launches come following a series of North Korea's previous launches in recent weeks, most of them, according to the South Korean military, were short-range ballistic missiles. While analysis by the government is still ongoing the defense ministry says today's missiles are also presumed to be short-range ballistic missiles. To get some more clues, let's now bring in Dr. Woo Jung-yeop, of Sejong Institute. Thanks for joining us. 1. Today's missiles flew some 2-hundred-30 kilometers, recording a maximum altitude of some 30 kilometers. North Korea has been firing a new type of short-range ballistic missile recently and today was no exception. Why is North Korea sticking to short-range ballistic missiles? 2. Today's missiles were fired off Tongchon county, North Korea's eastern coastal county that's located only 50 kilometers North of the Military Demarcation Line. What do you read from the quite rare launch location? 3. This is North Korea's sixth missile launch in three weeks, and the eighth this year alone. Do you expect Pyeongyang to halt its provocative acts once the joint South Korea-U.S. drills are over? 2019-08-16 In-depth: Global market wrap-up It's time now for an in-depth look at the markets on this Friday, and for that, I'm joined on the line by Dr. Kim Seiwan, professor of economics at Ewha Womans University. Dr. Kim, thank you for coming on today. Thank you. In his speech yesterday for National Liberation Day, President Moon did address Japan's economic retaliation against Korea. Korea's going to move ahead steadily as a responsible economic power. What was in that message, and where do you see the economic competition or cooperation, as it were, going in the future? The Korean government announced this week that it's taking Japan off its own trade whitelist, effective probably sometime next month. What products are targeted by this measure and how much effect do you see it having? Responding to Japan's trade curbs, finance minister Hong Nam-ki has announced budget support worth more than 2 trillion won for the parts, materials and equipment industries. What's he trying to do, and how effective do you think this will be? In his trade war with China, President Trump has decided to delay a new round of tariffs on China that were going to take effect next month until December. Why might he have done that, and what are the products that'll be affected by these tariffs? Some are saying this delay in the tariffs is a good sign for the trade war, investors responding positively to it. Others saying it doesn't mean that much in terms of an actual resolution. What do you think? Alright Dr. Kim. That's where we'll have to leave it today. Thank you for coming in today. We appreciate it. 2019-08-16 N. Korea conducts sixth launch of projectiles towards East Sea in three weeks South Korea's Joint Chiefs of Staff said North Korea fired what it presumes to be two short-range ballistic missiles into the East Sea at around 8:01 and 8:16 Friday morning. They were fired from North Korea's eastern coastal county of Tongcheon in the North's Kangwon-do Province, recording a maximum altitude of some 30 kilometers, with a flight distance of some 230 kilometers and maximum speed of more than Mach 6.1 which is some 7,466 kilometers per hour. The South Korean military is monitoring the situation while maintaining a readiness posture, and it's working closely with the U.S. to verify more details about Friday's firing. "The latest launch is a response to the joint summertime training by the South Korean and U.S. militaries but a military source said earlier that the recent launches may have been planned long ago and the North is using the drills as an excuse to continue their launches." A military source confirmed that Friday's test-fire is being deemed a successful launch as the missiles hit an uninhabited island called "Al-sum" or 'rocket target' in Korean which is near the missile base of Gitdaeryong that stores short-range scud missiles and medium-range Nodong that could be used in real combat. Back in August 2017, North Korea had test fired three short-range projectiles in the vicinity of Gitdaeryong near Tongcheon county during the South Korea-U.S. joint military exercise, the Ulchi Freedom Guardian. The latest provocation comes amid North Korea's continued criticism over the South Korea-U.S. joint "Combined Command Post Training" despite it being scaled-down from previous versions. The training will continue until next Tuesday, August 20th, and involves computer-based war simulations to verify South Korea's state of readiness for the envisioned transfer of wartime operational control from Washington to Seoul. This year, real military equipment and troops have not being mobilized. Kim Ji-yeon, Arirang News. 2019-08-16
