Live News of South Korea April 22, 2024
North Korea Continues Weapons Testing Amid Diplomatic Standstill
North Korea fired a ballistic missile towards its eastern waters on Monday, as confirmed by South Korea's military. The launch, which occurred on Monday, is part of a recent series of weapons launches by North... Read More
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Asian Markets Rise Despite Tech Stock Blues On Wall Street
Markets in Asia, with the exception of Shanghai, showed positive momentum on Monday, disregarding the downturn on Wall Street where major technology stocks experienced their worst week since the onset of the COVID-19 pandeRead More
Nelly Korda One Shot Off Lead At Chevron Championship
The Chevron Championship saw an exciting third round as Nelly Korda shot a 3-under 69 to position herself just one shot off the lead entering the final round of the year's first major. The tournament faced...Read More
Israel To Summon Ambassadors Over UN Palestinian Membership Bid
Israel's foreign ministry is taking diplomatic action in response to the support shown for the Palestinian membership bid at the United Nations. Foreign Minister Israel Katz announced that ambassadors from various countrieRead More
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Four Asian Powerhouses Impress In AFC U-23 Asian Cup
With three automatic spots at the men's football tournament of the upcoming Olympic Games up for grabs, the AFC U-23 Asian Cup has seen some of Asia's traditional football powerhouses assert their dominance early on. AfteRead More
Bank Of Korea Chief Monitoring Middle East Tensions For FX
The Bank of Korea chief is closely monitoring the escalating tensions in the Middle East as it could impact foreign exchange rates and economic growth outlook. The ongoing geopolitical uncertainties in the region have raisRead More
Japan And South Korea Unite Against Weak Currencies
Recent political tensions have prompted Japan and South Korea to consider collaborating on addressing the issue of weak currencies in the region. The International Monetary Fund (IMF) and World Bank have been closely monitRead More
Global Markets React To Tensions In Middle East
European markets opened lower and Asian stocks tumbled on Friday, with Japan’s Nikkei slumping 2.7% due to heavy selling of semiconductor-related shares and other market heavyweights. Tensions in the Middle East were weighRead More
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US Envoy Urges Nuclear Disarmament During Japan Visit
The American envoy to the United Nations urged countries possessing atomic weapons to prioritize nuclear disarmament during her visit to the atomic bomb museum in Nagasaki, Japan. Emphasizing the significance of dialogue aRead More
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South Korea Prepared To Stabilize FX Market With Decisive Action
South Korea's Finance Ministry has announced its commitment to taking decisive action if necessary to stabilize the foreign exchange (FX) market. This move comes amidst growing concerns over volatility in the currency markRead More
Exploring The Top 10 Impenetrable Border Fences And Walls
Border fences and walls play a crucial role in protecting countries from illegal immigration, smuggling, and other security threats. Here are the top 10 most impenetrable border fences and walls around the world:1. Israel-Read More
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South Korea Market Watchdog Urges Companies To Listen
The South Korean market regulator has issued a statement urging companies to pay close attention to the concerns and feedback of their shareholders. The Financial Services Commission of South Korea emphasized the importancRead More
US Ambassador Stands With Japan On Abduction Issue
Ambassador Linda Thomas-Greenfield expressed America's unwavering support for Japan in the quest to bring back Japanese citizens abducted by North Korea decades ago. Japan believes that at least 17 of its citizens were takRead More
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LG Electronics To Raise $1 Billion With Dollar Bonds
South Korea's LG Electronics is set to raise up to $1 billion through the issuance of dollar bonds, according to sources familiar with the matter. The move comes as the company aims to bolster its financial...Read More
Asian Shares Mixed As U.S. Interest Rates May Stay High
Asian shares traded mixed on Wednesday as concerns arose about the possibility of U.S. interest rates remaining high for an extended period. Japan's Nikkei 225 declined by 0.5% to 38,296.69, while Australia's S&P/ASX 200 sRead More
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US Allies Seek New Monitoring Mechanism For North Korea
The United States and its allies are exploring options to establish a new monitoring mechanism for North Korea's nuclear weapons program, both within and outside the U.N. system. This initiative comes after Russia vetoed aRead More
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US And Allies Propose New Panel To Monitor North Korea
South Korea, the United States, and their allies in Asia are advocating for the establishment of a new panel to oversee the enforcement of sanctions against North Korea. This move comes as part of ongoing efforts...Read More
Powell's Comments Impact Global Markets, Easing Hopes Diminished
Global markets took a hit as hopes for easing measures were dashed by Federal Reserve Chairman Jerome Powell's comments, causing a dent in market sentiment once again. Powell's remarks during a speech on Tuesday indicatedRead More
Global Markets React To Strong U.S. Retail Sales Report
Global stock markets experienced a downturn on Tuesday, influenced by a decline on Wall Street triggered by a report indicating higher-than-expected spending by American consumers. This surge in spending suggests a robustRead More
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World Bank Report: Income Gap Widens In Poorest Countries
A recent report by the World Bank has shed light on a concerning trend affecting half of the world's 75 poorest countries. For the first time in this century, these nations are experiencing a widening income...Read More
Allies Collaborate To Strengthen North Korea Sanctions Enforcement
Recent discussions between South Korea, the United States, and the United Nations have highlighted the allies' commitment to finding innovative approaches to enforce sanctions against North Korea. The U.S. envoy to the UNRead More
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