Archive for October 19th, 2019

US urges S. Korea to renew GSOMIA with Japan: Pentagon

19-Oct-2019 Intellasia | KoreaTimes | 6:02 AM

The United States continues to call on South Korea to renew its military intelligence-sharing pact with Japan, a US defense official said Thursday. David Helvey, principal [...] » More

NSC discusses defense cost issue

19-Oct-2019 Intellasia | KoreaTimes | 6:02 AM

The National Security Council (NSC) held a meeting Friday to specifically discuss the issue of any increase in Seoul’s contribution towards the maintenance of the [...] » More

Pro-Pyongyang students break into US envoy’s residence in Seoul

19-Oct-2019 Intellasia | AFP | 6:02 AM

Nearly 20 pro-Pyongyang South Korean students broke into the US ambassador’s residence in Seoul Friday, displaying banners demanding Harry Harris leave the country in [...] » More

KEB Hana Bank wins innovation award for global payment system

19-Oct-2019 Intellasia | KoreaTimes | 6:02 AM

KEB Hana Bank has won a globally recognised innovation award for its Global Loyalty Network (GLN) payment service, the bank said Friday. The award was given jointly by the [...] » More

S. Korea top court upholds suspended term for Lotte chief

19-Oct-2019 Intellasia | AFP | 6:02 AM

South Korea’s top court on Thursday upheld a suspended jail term for the chair of retail giant Lotte Group over a sprawling corruption scandal that brought down former [...] » More

N Korean refugee enrolled at elite university to be human rights lawyer and help ‘starving and dying’ friends

19-Oct-2019 Intellasia | FoxNews | 6:02 AM

A North Korean refugee attending an elite university in South Korea is studying to become a human rights lawyer, a childhood dream that seemed impossible when he was growing [...] » More

Moon to send ‘handwritten letter’ to Abe via PM

19-Oct-2019 Intellasia | KoreaTimes | 6:02 AM

Prime minister (PM) Lee Nak-yon will deliver a “handwritten message” from President Moon Jae-in to prime minister Shinzo Abe when they meet next week on the [...] » More

Moon hosts 1st reception for heads of foreign missions

19-Oct-2019 Intellasia | KoreaTimes | 6:02 AM

President Moon Jae-in invited heads of foreign diplomatic missions in Seoul to Cheong Wa Dae, Friday ? the first such event since Moon took office in May 2017. Among 113 [...] » More

Australian man accused of trying to sell N Korean missiles overseas refused bail

19-Oct-2019 Intellasia | The Guardian | 6:02 AM

A Sydney man charged over allegations he was a sanctions-busting “economic agent” of the North Korean regime attempting to sell ballistic missiles overseas has [...] » More

IMF warns of risks with Korea’s banking system

19-Oct-2019 Intellasia | KoreaTimes | 6:02 AM

The International Monetary Fund (IMF) has warned that Korea’s banking system has become more vulnerable because its lenders are increasingly exposed to bad assets that [...] » More

Lotte Group chair stays out of jail as Korea court ruling upheld

19-Oct-2019 Intellasia | Reuters | 6:02 AM

South Korea’s Supreme Court on Thursday upheld a ruling by a lower court that freed Lotte Group Chair Shin Dong-bin from jail after he had served several months for [...] » More

China says US must cancel new tariffs for ultimate trade deal

19-Oct-2019 Intellasia | CNBC | 6:02 AM

China emphasized Thursday that the US must remove tariffs in order for the two countries to reach a final agreement on trade, Ministry of Commerce spokesman Gao Feng said. [...] » More

China’s pork shortage could give US farmers a chance to cash in

19-Oct-2019 Intellasia | CNBC | 6:02 AM

China needs more pork imports than ever as the country grapples with an outbreak of a swine disease and that could become a business opportunity for US farmers if the two [...] » More

China’s economic slowdown deepens, weighing on global growth

19-Oct-2019 Intellasia | AP | 6:02 AM

China’s economic growth sank to a new multi-decade low in the latest quarter as a trade war with Washington deepened a slump that is weighing on the global economy. [...] » More

Six warning lights flashing for China’s slowing economy

19-Oct-2019 Intellasia | Reuters | 6:02 AM

China’s $13 trillion economy is slowing and indicators showing that range from freight shipments to factory power generation and from employment to expenditures on [...] » More