SEOUL, Oct 19 (Reuters) – South Korea and Japan agreed to
expand their currency swap arrangements more than five-fold on
Wednesday to the equivalent of $70 billion, 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.
SEOUL (Reuters) – North Korea and the United States will hold a second round of talks in Geneva next week to discuss ways to restart regional talks on disabling North Korea’s nuclear weapons program, South Korean media reported Monday.
Yonhap news agency quoted a diplomatic source in Seoul as saying that the two sides would meet in Geneva, possibly on October 26, amid recent diplomatic activity which has seen the secretive state brought in from the cold.
SEOUL (Reuters) – North Korea’s pleas for help amid worsening food shortages have largely fallen on deaf ears in South Korea where many say Pyongyang cannot be believed, but calls are growing to relax an outright ban on giving its reclusive rival food aid.
Experts and officials disagree on the extent of the problem in a country where hunger and malnourishment are rife. Aid agencies saying shortages have reached crisis point, whereas South Korea says the North’s claims are exaggerated.
SEOUL (Reuters) – South Korea and the United States are adamant that there will be no food relief for crisis-hit North Korea until it guarantees that all aid will reach the most needy and there is an improvement in ties between the two Koreas.
China, the only ally of the secretive Stalinist state, has also been non-committal on how much food it is providing.
SEOUL (Reuters) – South Korea urged Tokyo on Thursday to offer an official apology and compensation to its ageing so-called “comfort women” — women forced into sexual slavery in brothels run by the Japanese army in World War Two.
South Koreaean Foreign Minister Kim Sung-hwan told his Japanese counterpart, Koichiro Gemba, during a visit to Seoul that given the average age of victims is now 86, Tokyo should find heart to resolve the issue on a humanitarian level.
SEOUL (Reuters) – It is one of Asia’s fastest growing industries and shows no signs of losing steam even as the global economy wobbles.
Traveling abroad for medical treatment is now a multi-billion dollar business.
From a nip-and-tuck to a heart bypass, hospitals from India to Singapore and South Korea treat more than 1 million foreign patients a year — lured by cut-price surgery, no waiting lists, cutting-edge technology, and highly trained doctors.
SEOUL (Reuters) – North Korea wants to hold a second round of dialogue with the United States, possibly next month, as part of renewed efforts to restart talks on disabling the North’s nuclear weapons programme, a South Korean official said on Thursday.
In a sign that the long-stalled regional talks are now firmly back in the picture, foreign ministry spokesman Cho Byung-jae told reporters in Seoul that the two Koreas were closing in on agreement to reconvene the forum.
SEOUL (Reuters) – North Korea and the United States are looking at holding a second round of dialogue early next month as part of renewed efforts to restart talks on disabling the North’s nuclear weapons program, South Korean media reported on Thursday.
Yonhap news agency quoted an unnamed South Korean official as saying the meeting could take place in a third country, with the cities of Singapore, Berlin and Geneva among the possible choices.
BEIJING/SEOUL (Reuters) – Bitter rivals North and South Korea held a second round of “constructive and useful” dialogue on Wednesday as momentum builds for a resumption of six-party talks on dismantling Pyongyang’s nuclear weapons program.
The nuclear envoys from the two Koreas met in Beijing for their second meeting in two months, amid a thaw in tensions on the divided peninsula after relations nose-dived last year to the lowest level in nearly two decades.
SEOUL (Reuters) – South Korea’s president vowed on Monday a series of regulatory reforms to help regain its place as a stem cell research powerhouse, trying to reclaim momentum five years after a cloning scandal.
President Lee Myung-bak said that by breathing new life into the industry, it could become “core new growth engine” for Asia’s fourth biggest economy along the same lines as its lucrative IT sector.