Jeremy's Feed
Nov 10, 2011

After 309 days, S.Korean protester climbs down from crane

SEOUL, Nov 10 (Reuters) – After 309 days atop a crane
– sitting out snowstorms, a typhoon and heatwaves — labour
activist Kim Jin-suk came down to earth on Thursday, claiming
victory against one of South Korea’s shipbuilders.

Kim’s case became a cause celebre in Asia’s fourth biggest
economy amid growing worker anger over wage levels and the
government’s business-friendly policies.

Nov 3, 2011

North Korea economy contracts again as sanctions bite

SEOUL (Reuters) – North Korea’s closed economy contracted for a second year in a row last year due to international sanctions, sluggish agricultural production and a slowdown in manufacturing, South Korea’s central bank said on Thursday.

In a report issued by the Bank of Korea (BOK), the North’s centrally-planned economy was estimated to have shrunk 0.5 percent year-on-year in 2010 compared with a 0.9 percent contraction in 2009.

Nov 2, 2011

Factbox: Key political risks to watch on the Korean peninsula

SEOUL (Reuters) – Conciliatory gestures by both Koreas have raised hopes that long-stalled nuclear talks are back on the cards, but Seoul and Washington insist Pyongyang must first take concrete measures to disable its atomic program.

Kim Jong-il made his fourth trip abroad in the past 15 months at the end of August, visiting Russia for the first time in around a decade as the impoverished North seeks economic aid and attempts to boost its regional friendships.

Oct 31, 2011

Analysis: Ruling conservatives in disarray in South Korea

SEOUL (Reuters) – The death knell for conservative rule is getting louder by the day in South Korea, where voters are rejecting the big-business friendly policies of the government and demand a fairer share of the country’s growing wealth.

The Grand National Party’s dramatic fall from grace in Asia’s fourth largest economy raises the prospect of a shift in policy to a more welfare-oriented system, as well as change in its North Korea strategy and shift in ties with Washington.

Oct 24, 2011

North Korea food aid should not be politicized – U.N. official

SEOUL (Reuters) – A top U.N. humanitarian official urged regional powers on Monday to put politics aside amid a worsening food crisis in North Korea, saying the smattering of aid which has reached the isolated country was making a difference.

North Korea’s chronic food shortages have been compounded since the end of 2008 by an about-face in policy by the South Korean and U.S. governments, which suspended food assistance over the North’s nuclear program and food-monitoring problems.

Oct 24, 2011

Seoul vote eyed closely as test run for national elections

SEOUL (Reuters) – Millions of South Koreans elect the mayor of Seoul on Wednesday in a crucial vote seen as barometer of support for the leading parties and presidential hopefuls ahead of next year’s national elections.

Both of the main parties have been beset by internal strife and falling support rates this year, and have thrown all their resources at winning the race for the prestigious position of Seoul mayor as part of efforts to rebuild their image.

Oct 24, 2011

Seoul vote eyed closely as test run for national

SEOUL (Reuters) – Millions of South Koreans elect the mayor of Seoul on Wednesday in a crucial vote seen as barometer of support for the leading parties and presidential hopefuls ahead of next year’s national elections.

Both of the main parties have been beset by internal strife and falling support rates this year, and have thrown all their resources at winning the race for the prestigious position of Seoul mayor as part of efforts to rebuild their image.

Oct 23, 2011

Factbox: Key political risks to watch on the Korean peninsula

SEOUL (Reuters) – Conciliatory gestures by both Koreas have raised hopes that long-stalled nuclear talks are back on the cards, but Seoul and Washington insist Pyongyang must first take concrete measures to disable its atomic program.

Kim Jong-il made his fourth trip abroad in the past 15 months at the end of August, visiting Russia for the first time in around a decade as the impoverished North seeks economic aid and attempts to boost its regional friendships.

Oct 20, 2011

North Korea talks drag over uranium enrichment

SEOUL, Oct 20 (Reuters) – South Korea said on Thursday that
Pyongyang’s defiance over uranium enrichment stands as the
biggest hurdle to multilateral talks on disabling the North’s
nuclear weapons programme.

Uranium enrichment will top the agenda when officials from
the United States and North Korea meet for a second round of
nuclear talks in Geneva next week as regional powers push to
restart six-party talks which collapsed over two years ago.

Oct 19, 2011

Japan, South Korea boost FX swaps; say uncertainty on rise

SEOUL (Reuters) – South Korea and Japan agreed to expand their currency swap arrangements more than five-fold on Wednesday to the equivalent of $70 billion (44 billion pounds), saying strong pre-emptive arrangements were needed in the face of escalating global economic uncertainty.

The agreement was reached during a summit between Japanese Prime Minister Yoshihiko Noda and South Korean President Lee Myung-bak, who also urged his counterpart to make greater efforts to resolve issues dating back to its colonial rule of the Korean peninsula.