Moon Jae

U.N. Security Council to vote Monday on weakened North Korea sanctions: diplomats

U.N. Security Council to vote Monday on weakened North Korea sanctions: diplomats

Published 11/09/2017

The U.N. Security Council is set to vote on Monday on a watered-down U.S.-drafted resolution to impose new sanctions on North Korea over its latest nuclear test, diplomats said, but it was unclear whether China and Russia would support it. [more…]

South Korea seeks bigger warheads, North Korean ICBM reportedly on the move

South Korea seeks bigger warheads, North Korean ICBM reportedly on the move

Published 05/09/2017

South Korea said on Tuesday an agreement with the United States to scrap a weight limit on its warheads would help it respond to North Korea's nuclear and missile threat after Pyongyang conducted its sixth and largest nuclear test two days ago. [more…]

U.S., South Korea begin computer-simulated drills amid North Korea tensions

U.S., South Korea begin computer-simulated drills amid North Korea tensions

Published 21/08/2017

South Korean and U.S. forces began computer-simulated military exercises on Monday amid tensions over North Korea's missile and nuclear programs, amid reports that Pyongyang has generated at least $270 million since February despite U.N. sanctions. [more…]

Exclusive: Hyundai Motor Group faces government calls to address `big governance risk`

Exclusive: Hyundai Motor Group faces government calls to address `big governance risk`

Published 20/08/2017

South Korea's new antitrust chief said he has been in talks with the autos-to-steel conglomerate Hyundai Motor Group about overhauling its complex ownership structure, which critics say gives too much power to its controlling family at the expense of shareholders. [more…]

Korea tensions ease slightly as U.S. officials play down war risks

Korea tensions ease slightly as U.S. officials play down war risks

Published 14/08/2017

Tensions on the Korean peninsula eased slightly on Monday as South Korea's president said resolving Pyongyang's nuclear ambitions must be done peacefully and key U.S. officials played down the risk of an imminent war with North Korea. [more…]

In call with Trump, China`s Xi urges restraint over North Korea

In call with Trump, China`s Xi urges restraint over North Korea

Published 12/08/2017

China's President Xi Jinping said there needs to be a peaceful resolution to the North Korean nuclear issue, and in a telephone call with U.S. President Donald Trump he urged all sides to avoid words or action that raise tensions. [more…]

South Korea, U.S. agree to pressure North Korea, China hopes for North-South talks

South Korea, U.S. agree to pressure North Korea, China hopes for North-South talks

Published 07/08/2017

South Korean President Moon Jae-in and his U.S. counterpart, Donald Trump, agreed to apply maximum pressure and sanctions on North Korea in a telephone call on Monday, while China expressed hope that North and South Korea could resume contact soon. [more…]

Police raid office of Samsung family homes over decorating expenses

Police raid office of Samsung family homes over decorating expenses

Published 07/08/2017

South Korean police on Monday raided a management office for residences of Samsung Electronics Chairman Lee Kun-hee and his family over alleged misappropriation of company funds used to pay for interior renovations, they said. [more…]

Asia stocks buoyant, dollar steadies after solid U.S. job gains

Asia stocks buoyant, dollar steadies after solid U.S. job gains

Published 07/08/2017

Asian stocks advanced on Monday, taking their cue from Wall Street, while the dollar moderated but retained most of its gains after a stronger-than-expected July job report. [more…]

Asia learns to adapt to Korean tensions- Fed views awaited

Asia learns to adapt to Korean tensions- Fed views awaited

Published 05/07/2017

FILE PHOTO - A man looks at a stock quotation board outside a brokerage in Tokyo, Japan, April 18, 2016. REUTERS/Toru Hanai

Asian share markets inched back into the black on Wednesday as investors wagered the latest flare-up of tensions on the Korean peninsula would fade away like so many others.

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