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Economic uncertainty prompts rush to safe assets

Economic uncertainty prompts rush to safe assets

Uncertainties stemming from the escalating U.S.-China trade dispute and a slowdown in Asia’s fourth-largest economy are changing the way investors here behave, with many apparently rushing to buy what they believe to be safer assets, such as bonds, gold and houses, data showed Monday. Bond prices have skyrocketed to multi-year highs and gold prices have […]

Moon hopes to meet Kim Jong-un before Trump visits S. Korea in late June

Moon hopes to meet Kim Jong-un before Trump visits S. Korea in late June

South Korean President Moon Jae-in voiced hope Wednesday that he will meet with North Korean leader Kim Jong-un ahead of U.S. President Donald Trump’s visit to the peninsula at the end of this month. Moon’s offer came amid renewed expectations for a possible breakthrough in efforts to restart nuclear talks following the news of Kim’s […]

U.S. Embassy in Seoul removes rainbow flag amid speculation of Washington’s disapproval

U.S. Embassy in Seoul removes rainbow flag amid speculation of Washington’s disapproval

A rainbow flag symbolizing sexual minorities has been taken down from the U.S. Embassy building in Seoul amid a news report that the State Department has adopted a new policy to reject all requests to raise such flags. The eight-by-four-meter flag was hoisted on the front wall of the U.S. mission in Gwanghwamun, central Seoul, […]

Trump disputes report of N.K. officials’ execution

Trump disputes report of N.K. officials’ execution

U.S. President Donald Trump on Wednesday disputed a news report that North Korea has executed its nuclear negotiators over the collapse of February’s summit between the two countries. South Korea’s conservative Chosun Ilbo reported last week that North Korea had executed its special representative for the U.S., Kim Hyok-chol, along with four officials of the […]

China is never rebuilt by the US

China is never rebuilt by the US

China’s rapid development carries huge significance in modern time and is widely recognized as a miracle by the international community. But such achievements have led to harsh voices of some Americans who said it was their country that had rebuilt China in the past 25 years. Such voices go against common sense and are totally […]

U.S. underscores sanctions enforcement after N.K. envoy’s call for return of seized ship

U.S. underscores sanctions enforcement after N.K. envoy’s call for return of seized ship

The U.S. Department of State on Tuesday stressed U.N. member countries’ enforcement of anti-North Korea sanctions after Pyongyang’s top envoy to the world body renewed calls for the return of a seized ship suspected of violating sanctions. But it said that Washington is still open to nuclear negotiations with the North, which have hit an […]

Moon to meet former U.S. President Bush this week

Moon to meet former U.S. President Bush this week

South Korean President Moon Jae-in will greet former U.S. President George W. Bush at Cheong Wa Dae later this week, Moon’s office announced Sunday. Moon is scheduled to meet Bush on Thursday morning, as the former president plans to attend a ceremony to mark the 10th anniversary of former President Roh Moo-hyun’s death. It’s to […]

US society strongly opposes additional tariffs on Chinese commodities

US society strongly opposes additional tariffs on Chinese commodities

Opposition and condemnation from American society poured to Washington’s latest announcement to hike tariffs on Chinese imports, as they said that such a decision would only hurt the US economy. Even though China and the US are going through trade talks, the Office of the United States Trade Representative (USTR) declared on May 8 that starting […]

Biegun discusses N.K. missile launches, food aid at ‘working group’ talks with S. Korea

Biegun discusses N.K. missile launches, food aid at ‘working group’ talks with S. Korea

U.S. Special Representative for North Korea Stephen Biegun held a series of meetings with South Korean officials in Seoul on Friday, a day after the North launched two missiles, the second such military move in less than a week. Biegun and his counterpart, Lee Do-hoon, presided over a meeting of the joint “working group” aimed […]

U.S. commission calls for N. Korea to stay on religious freedom blacklist

U.S. commission calls for N. Korea to stay on religious freedom blacklist

An independent U.S. government commission has asked the State Department to keep North Korea on its blacklist of countries that repress freedom of religion, citing Pyongyang’s “systematic” and “egregious” human rights violations. In an annual report recently disclosed on its website, the U.S. Commission on International Religious Freedom (USCIRF) recommended maintaining the North as a […]

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