South Korea enters recession as exports plunge by most since 1963

SEOUL (Reuters) – South Korea plunged into recession in the second quarter in its worst economic decline in more than two decades as the coronavirus pandemic battered exports and social distancing curbs paralysed factories. Asia’s fourth-largest economy shrank by a seasonally adjusted 3.3% in the June quarter from three months earlier, the Bank of Korea […]

North Korea vows to send anti-South leaflets amid tensions

SEOUL (Reuters) – North Korea pledged to push ahead with its campaign to send propaganda leaflets into South Korea, saying it is not bound to any inter-Korean agreements, state media said on Sunday. Tension has been rising after North Korea blew up a joint liaison office and threatened military action over defectors in the South […]

South Korea's nuclear envoy visits U.S. amid flaring tension with North

SEOUL (Reuters) – South Korea’s chief nuclear negotiator will visit officials in Washington on Thursday amid flaring tensions with North Korea after Pyongyang blew up an inter-Korean liaison office and threatened military action. Lee Do-hoon’s unannounced trip came days after North Korea blew up a joint liaison office in Kaesong, near the South Korean border, […]

North Korea suggests U.N. chief pretending to act like a drunk

NEW YORK (Reuters) – North Korea suggested on Thursday that United Nations Secretary-General Antonio Guterres might be pretending to act like a drunk as the country slammed comments by his spokesman on Pyongyang’s decision to sever hotlines with South Korea. Guterres regretted North Korea’s announcement on the hotlines, warning that such channels “are necessary to […]

South Korea's Moon tells Trump he would accept invitation to G7 summit

SEOUL (Reuters) – South Korean President Moon Jae-in told U.S. President Donald Trump on Monday that he would willingly accept the American leader’s invitation to join this year’s Group of Seven summit, South Korea’s presidential Blue House said in a statement. Trump and Moon spoke by phone at the U.S. president’s request, the Blue House […]