Jack's Feed
Oct 11, 2015

China-backed trade pact playing catch-up after U.S.-led TPP deal

SEOUL (Reuters) – Left outside the U.S.-backed Trans-Pacific Partnership (TPP) trade pact struck last week, China and India approach this week’s talks for a huge Asia-wide equivalent with fresh urgency, lest competitor nations steal a march on export access.

Beijing is a key driver of the Regional Comprehensive Economic Partnership (RCEP), a proposed 16-nation free-trade area that would be the world’s biggest such bloc, encompassing 3.4 billion people.

Sep 27, 2015

Satellite, missile test or space junk? North Korea readies launch

SEOUL (Reuters) – The satellite that North Korea launched into space three years ago circles the earth every 95 minutes at an altitude of about 540 km (335 miles), its orbit decaying.

No signal has ever been detected from the crude-looking 100-kg (220-pound) hunk of black metal that the North said was mounted with cameras to take images and transmit them back to Pyongyang.

Sep 19, 2015

North Korea could seek concession on resort, missile for reunions

SEOUL (Reuters) – If North Korea goes ahead with reunions of families separated by the 1950-53 Korean war it is going to expect rewards from the South in return, perhaps the reopening of a border tourist spot or even tacit acceptance of an expected missile test.

South Korean President Park Geun-hye wants to build confidence with the unpredictable North under her policy of “Trustpolitik”.

Sep 15, 2015

North Korea says main nuclear complex operational, warns U.S.

SEOUL (Reuters) – North Korea said on Tuesday its main nuclear complex was operating and it was working to improve the “quality and quantity” of its weapons which it could use against the United States at “any time”.

The comments follow a declaration by the North in 2013 vowing to restart all nuclear facilities, including the main nuclear reactor in Yongbyon that had been shuttered.

Sep 15, 2015

N.Korea readying satellite, suggesting long-range missile launch

SEOUL, Sept 15 (Reuters) – North Korea’s space agency is
building a new satellite and readying it for launch, state media
said late on Monday, with any use of a long-range rocket
suggesting that the secretive state has made advances developing
a ballistic missile.

North Korea has been expected to launch an upgraded
long-range ballistic missile, which would violate international
sanctions, as it prepares to celebrate the anniversary of the
founding of its ruling Workers’ Party of Korea (WPK) on Oct. 10.

Aug 28, 2015

Ending standoff with North Korea boosts South’s President Park

SEOUL (Reuters) – Beset by crisis, scandal and a sluggish economy in the first half of her single five-year term, South Korean President Park Geun-hye’s approval rating soared in a poll released on Friday after a pact with North Korea brought back the rivals from the brink of conflict.

Park’s rating in a Gallup poll climbed a remarkable 15 percentage points from a week earlier to 49 percent, the highest in nearly a year, after the accord early on Tuesday ended an armed standoff in one of the world’s most dangerous flashpoints and cleared the ground for further engagement with Pyongyang.

Aug 28, 2015

North Korea leader Kim Jong Un hails accord with South as landmark

SEOUL (Reuters) – North Korean leader Kim Jong Un called this week’s accord between the rival Koreas “a landmark occasion” paving the way for defused military tension and improved ties, but said it was the strength of its armed forces that made the deal possible.

North and South Korea on Tuesday agreed to end a military standoff that sparked an exchange of artillery fire and had ratcheted up tension on one of the world’s most heavily-fortified borders.

Aug 27, 2015

Summit by proxy – For rival Koreas, peace meeting was next best thing

SEOUL (Reuters) – The leaders of North and South Korea have not met for the last eight years, but the marathon 44 hour talks that brought the bitter rivals back from the brink of conflict was effectively a summit by proxy.

They were not in the room, but the North’s Kim Jong Un and the South’s Park Geun-hye might as well have been talking to each other in the unprecedented round-the-clock discussions that ended in the early hours of Tuesday.

Aug 24, 2015

As North, South Korea hold marathon crisis talks, Seoul talks tough

SEOUL (Reuters) – South Korean President Park Geun-hye talked tough on Monday, demanding that North Korea apologise over a recent landmine incident, even as the bitter rivals held marathon negotiations in a bid to defuse tensions that have brought the peninsula to the brink of armed conflict.

Park said anti-North propaganda broadcasts would continue unless Pyongyang took responsibility for landmine explosions early this month that wounded two South Korean soldiers in the Demilitarised Zone (DMZ) separating the two countries.

Aug 23, 2015

North, South Korea on alert as talks resume in bid to end standoff

SEOUL (Reuters) – Top aides to the leaders of North and South Korea resumed talks on Sunday after negotiating through the night in a bid to ease tensions involving an exchange of artillery fire that brought the peninsula to the brink of armed conflict.

The meeting at the Panmunjom truce village inside the Demilitarised Zone (DMZ) began on Saturday evening shortly after North Korea’s deadline for Seoul to halt anti-Pyongyang propaganda broadcasts or face military action. It broke up before dawn on Sunday.