Page 2 - South Korea

India seeks investments from South Korea & Japan for shipbuilding clusters

India is seeking investments and technology transfer from South Korea and Japan to establish shipbuilding and ship repair clusters to promote the domestic shipping supply chain in the country, according to a senior government official. Currently, India holds less than 1 per cent of the global shipbuilding market, dominated by China, South Korea, and Japan. "We are looking at South Korea and Japan for investments and technology transfer for establishing shipbuilding and ship repair clusters in India," TK Ramachandran, Secretary in Ministry of Ports, Shipping and Waterways (MoPSW), told a group of journalists here. Ramachandran was in Goa to participate in the 20th Maritime State Development Council (MSDC), where plans for a mega shipbuilding park, spanning multiple states, were discussed. "We have communicated to them (South Korea and Japan) that you come with your technology and investments, we will provide you land for setting up shipbuilding and ship repair clusters," he ...

North Korea has fired ballistic missile toward sea, says S Korea military

North Korea fired a ballistic missile toward the sea on Thursday, South Korea's military said, days after North Korean leader Kim Jong Un vowed to put his nuclear force fully ready for battle with its rivals. South Korea's Joint Chiefs of Staff said in a brief statement that the launch took place off North Korea's eastern coast on Thursday morning but gave no further details like how far the weapon traveled. Japan's Prime Minister's Office also alerted on its X account that North Korea had launched a suspected ballistic missile, but did not provide further details. The launch is North Korea's first public weapons firing in more than two months. On July 1, North Korea claimed to have tested a new tactical weapon capable of delivering a super-large 4.5 ton-class warhead. In a speech Monday, Kim said he would redouble efforts to make his nuclear force fully ready for combat with the United States and its allies. Kim made such a pledge saying North Korea faces a grave threat because of

Vedanta urges govt to talk with Japan, S Korea to end nickel sulphate duty

Vedanta and some smaller firms turn nickel ores imported primarily from Australia, Indonesia and Turkey into nickel sulphate before shipping it to South Korea, Japan and other countries

Huawei unveils tri-fold smartphone, raising competition with Apple in China

Just hours after Apple unveiled its latest iPhone model, Huawei is holding a launch event of the new Z-shaped smartphone Mate XT which was displayed on its flagship e-commerce stores

South Korea antitrust regulator probes Mercedes-Benz unit after EV fire

The investigation came after a fire involving a Mercedes-Benz electric vehicle broke out in the city of Incheon on August 1

South Korean truth panel finds more evidence of forced adoptions in 1980s

A South Korean commission found evidence that women were pressured into giving away their infants for foreign adoptions after giving birth at government-funded facilities where thousands of people were confined and enslaved from the 1960s to the 1980s. The report by the Truth and Reconciliation Commission on Monday came years after The Associated Press revealed adoptions from the biggest facility for so-called vagrants, Brothers Home, which shipped children abroad as part of a huge, profit-seeking enterprise that exploited thousands of people trapped within the compound in the port city of Busan. Thousands of children and adults many of them grabbed off the streets were enslaved in such facilities and often raped, beaten or killed in the 1970s and 1980s. The commission was launched in December 2020 to review human rights violations linked to the country's past military governments. It had previously found the country's past military governments responsible for atrocities committed

South Korea summit to target 'blueprint' for use of AI in military

At the first summit was held in Amsterdam last year, where the United States, China and other nations endorsed a modest "call to action" without legal commitment

Japan PM Kishida seeks to solidify S Korea ties on farewell visit

The leaders will review progress on their efforts to step up cooperation between the countries and discuss ways to deepen their partnership, according to Yoon's office

S Korean chip executive detained over alleged technology leak to China

Choi, a former Samsung executive who ran a chipmaking venture in China, has already been the subject of a high-profile industrial espionage trial

Springsteen to Elton John, music greats in the spotlight at TIFF 2024

The star-studded affair will include a selection of Indian and South Korean films

North Korea again launched trash-carrying balloons across border: S Korea

North Korea is flying more trash-carrying balloons toward South Korea, officials said Thursday, in the latest round of Cold War-style psychological warfare between the rivals. South Korea's Joint Chiefs of Staff said it detected more balloons launched from North Korea on Thursday morning following launches the previous evening. The joint chiefs said North Korea launched around 420 balloons from Wednesday evening to early Thursday and about 20 of them had been discovered so far in Seoul, the South Korean capital, and nearby Gyeonggi province. It said the balloons that landed were filled with paper waste, plastic bottles and other trash but contained no hazardous materials. The joint chiefs said North Korea was launching another set of balloons as of 9 a.m. It advised people to report to the police or military if they see any fallen balloons and not to touch them. Seoul's city government issued text alerts Wednesday evening as the North Korean balloons began appearing over South Kore

Leaders of S Korea, NZ strongly condemn expanding North Korea-Russia ties

The leaders of South Korea and New Zealand strongly condemned the deepening military cooperation between North Korea and Russia as they met Wednesday for a summit meant to strengthen bilateral ties. New Zealand Prime Minister Christopher Luxon arrived in Seoul, the South Korean capital, on his first trip to the Asian country since he took office last November. Luxon and South Korean President Yoon Suk Yeol condemned in the strongest possible terms the expanding military ties between North Korea and Russia, including North Korea's export of ballistic missiles to Russia in violation of UN Security Council resolutions, according to a joint statement released by Luxon's office. The two leaders denounced in the most serious of terms North Korea's illegal nuclear and missile development programs. They also strongly condemned Russia's war against Ukraine and pledged to continue to support the sovereignty of Ukraine and its efforts to secure a just and lasting peace, according to the joint

N Korea shows new drone attacking target as Seoul, US hold military drills

North Korean leader Kim Jong Un supervised a demonstration of new exploding drones designed to crash into targets, state media said on Monday, as the US and South Korea engage in joint military drills. North Korean test photos showed a white drone with X-shaped tails and wings supposedly crashing into and destroying a target resembling South Korea's main K-2 battle tank. Most combat drones stand off from targets and fire missiles. The North's official Korean Central News Agency said Saturday's test involved various types of drones built to fly different ranges to attack enemy targets on land and sea and flew along various routes before accurately hitting test targets. After the test, Kim pledged to spur the development of drones that explode on impact, conduct reconnaissance or attack targets underwater to boost his country's war readiness, saying the North's military should be equipped with advanced drones as early as possible", KCNA said. The drone test came as the US and South .

Smiling with the enemy: North Korean Olympians in hot water over selfie

Human Rights Watch has condemned the situation, urging the International Olympic Committee (IOC) to protect athletes from harassment and abuse

Uber CEO says growth in South Korea promising despite 'underdog' status

Uber first entered the South Korean market in 2013, but pulled out due to regulations that only allow companies with taxi licenses to offer ride services

Court orders S Korea to specify plans to cut carbon emissions through 2049

South Korea's Constitutional Court on Thursday ordered the government to back its climate goals with more concrete plans for action through 2049, handing a partial victory to climate campaigners who say the country's failure to cut emissions faster amounts to a violation of their rights. The court, which weighs the constitutionality of laws, issued the assessment while ruling on four climate cases raised by 254 plaintiffs, including many young people who were children or teenagers when they began filing the complaints against the government and lawmakers in 2020. They argued that South Korea's current goal of cutting carbon emissions by 35 per cent from 2018 levels by 2030 is inadequate to manage the impact of climate change and that such objectives weren't backed by sufficient implementation plans. They also pointed out that the country has yet to establish plans to reduce carbon emissions after 2031, despite its outstanding goals of achieving carbon neutrality by 2050. The ...

South Korea's Prez pledges urgent reform of $830 bn public pension fund

Yoon said there had been a loss of confidence in the pension system across generations

South Korean lithium battery maker CEO arrested over deadly fire incident

Park Soon-kwan, the CEO of Aricell, which is majority owned by S-Connect, apologised after the fire

Hyundai Motor eyes 30% rise in sales by 2030 as it doubles hybrid lineup

The world's No. 3 automaker by sales, along with affiliate Kia Corp, announced its mid- to long-term goals and strategy at its CEO Investor Day

S Korea to ask Telegram, social media cos to help tackle digital sex crimes

For companies that don't have offices in South Korea, it wants to set up a face-to-face channel for regular consultation