South Korea
2024 - 11 - 1North Korea's Rocket Show: ICBMs and Export Slowdowns—What a Combo!
Climate Change - Economic Growth - Hydrogen Canada Corp. - ICBM - Korea Southern Power - Military Cooperation - Missile Launch - North Korea - South Korea - UkraineHold on to your missiles! North Korea launches an ICBM while South Korea's exports hit a snag—let’s unpack this bizarre duo of headlines!
In a bold show of military might, North Korea has recently tested an intercontinental ballistic missile (ICBM), claiming it to be the "world's most powerful strategic weapon." South Korea's military is on high alert, stating that the missile can not only reach farther distances but also fly to greater heights. This launch has stirred unease across the region, leading to a joint condemnation statement from the United States, Japan, and South Korea, emphasizing their unified stance against the North's provocative actions.
Adding fuel to the fire, North Korean leader Kim Jong Un has justified the missile test as a necessary move to demonstrate the regime’s resilience against perceived threats from its adversaries. Kim was reportedly present at the launch, expressing that such military displays are essential for national pride and security. Meanwhile, the international community is left grappling with the implications of these escalating tensions, as officials anticipate the North continuing to bolster its military capabilities.
In the meantime, South Korea is facing a different kind of upheaval as its export growth has hit a seven-month low. The latest figures show a modest 4.6% growth in outbound shipments, a decline from previous months' robust performances. This slowdown poses questions about the country’s trade environment and whether the demand for essential products, particularly semiconductors, is starting to wane. Analysts are concerned that these headwinds might be a sign of larger economic challenges ahead, especially with the ongoing uncertainties surrounding the US elections.
What’s more, the impact of China's export surge could complicate matters for South Korea, which has been closely watching these developments. As global economies fluctuate, South Korea must navigate both international military threats and domestic economic pressures. With North Korea sharpening its weapons and South Korea feeling the pinch in exports, it seems the two nations are in a high-stakes game of geopolitical Jenga—one wrong move, and it all could come crashing down.
Did you know that North Korea declared its first ICBM test during the 2017 crisis, rattling global markets? They have since conducted multiple tests despite international sanctions. On the economic front, South Korea has been a global leader in semiconductor production for years, accounting for 20% of the global market share! With rising competition from China and evolving technology needs, will South Korea manage to retain its edge? The world is watching with bated breath!
North Korean intercontinental ballistic missile launch condemned by ... (The Australian Financial Review)
The isolationist regime said it tested an ICBM on Thursday, upgrading what it called the “world's most powerful strategic weapon”.
North Korea fires intercontinental ballistic missile (BBC News)
The test shows that Pyongyang is building weapons that "fire farther and higher", Seoul says.
Hydrogen Canada Corp. and South Korea's largest power company ... (Offshore Energy)
Hydrogen Canada Corp. and Korea Southern Power (KOSPO) will cooperate on developing a clean ammonia production and export business in Canada.
US, Japan and South Korea strongly condemn North Korea's ICBM ... (Reuters)
The United States, Japan and South Korea issued a joint statement on Thursday strongly condemning North Korea's launch of an intercontinental ballistic ...
WATCH: Blinken, Austin hold briefing with South Korean ... (PBS NewsHour)
North Korean leader Kim Jong Un observed the launch, calling it "an appropriate military action" to show North Korea's resolve to respond to its enemies' ...
N. Korea's latest test receives condemnation as US, Japan, S. Korea ... (Daily Sabah)
The United States, Japan and South Korea condemned North Korea's latest launch of an intercontinental ballistic missile in a joint statement, while...
North Korea launches new, perhaps more agile ICBM designed to ... (CBS News)
North Korean leader Kim Jong Un ordered the missile test and was at the launch site, calling the launch "an appropriate military action" to show North Korea's ...
US, South Korea, Japan plan response to DPRK's ICBM test: Blinken (Al Mayadeen English)
The US, South Korea, and Japan are coordinating a response to the DPRK's recent intercontinental ballistic missile test, underscoring regional security ...
South Korea export growth slows to 7-month low in blow to ... (Yahoo Finance)
Outbound shipments from Asia's fourth-largest economy rose 4.6% from a year earlier to $57.52 billion, compared with gains of 7.5% the month before and slowing ...
South Korea's Export Growth Sputters in Sign of Headwinds (BNN)
South Korea's export momentum moderated last month in a sign that demand for key products including semiconductors may be starting to wane, raising concerns ...
S.Korea export growth slows sharply; US election uncertainty raises ... (Reuters)
South Korea Oct exports +4.6% y/y (vs +6.9% forecast) · China exports hit 25-month high, US shipments remain weaker · Petroleum products drop as oil prices fall ...
South Korea export growth slows sharply as US election uncertainty ... (The Straits Times)
Export growth slowed to a seven-month low. Read more at straitstimes.com.
South Korea weighs arming Ukraine after North Korean deployment (Financial Times)
South Korea's conservative President Yoon Suk Yeol is weighing directly providing arms to Ukraine, a potentially consequential shift in the conflict, ...
North Korean Soldiers Likely to Enter Russian War on Ukraine (Department of Defense)
Secretary of Defense Lloyd J. Austin III said Russian forces have trained the North Korean soldiers in artillery operations, unmanned aerial vehicle ...
South Korea: North Korea troops will become cannon fodder in ... (Business Insider)
South Korea's remarks echo what Ukraine and the US have said about Russia's war of attrition in Ukraine.
South Korea in dilemma as it declines to provide military aid to ... (CNA)
CNA's Julie Yoo and Arnold Gay talk to Yonsei University Professor Jeffrey Robertson about the increasing pressure on South Korea to provide military ...
About 8000 North Korean troops at Ukraine's border are expected in ... (The Associated Press)
The Biden administration says some 8000 North Korean soldiers are now in Russia near Ukraine's border and are preparing to help the Kremlin fight against ...
South Korea imposes sanctions on North Korean officials after latest ... (The Independent)
Seoul sanctions 11 North Korean individuals over launch of agile weapon capable of targeting mainland US.
North Korea's Choe accuses US and South Korea of plotting a ... (The Straits Times)
MOSCOW - North Korean Foreign Minister Choe Son Hui, in a Moscow meeting with Russian Foreign Minister Sergei Lavrov, accused the United States and South ...
S. Korea, US stage joint drone strike drills for 1st time (Korea Times)
The live-fire drills, involving a South Korean RQ-4B Global Hawk surveillance drone and a U.S. MQ-9 Reaper attack drone, took place at an unspecified location ...
North Korea releases images of Hwasong-19 missile launch (ABC News)
North Korean state media said the launch of a new intercontinental ballistic missile flew higher into space than had ever been achieved.
No typhoons recorded in South Korea for the first time in 7 years (The Straits Times)
Typhoon Krathon approached South Korea from the Philippines with strength similar to Typhoon Kong-rey on Oct 3, but lost momentum near Taiwan's coast before ...
S. Korea, US stage joint drone strike drills for 1st time (Korea Times)
The live-fire drills, involving a South Korean RQ-4B Global Hawk surveillance drone and a U.S. MQ-9 Reaper attack drone, took place at an unspecified location ...
South Korea imposes sanctions on 11 North Korean individuals, 4 ... (Morung Express)
Seoul, November 1 (IANS) South Korea on Friday announced fresh sanctions targeting 11 North Korean individuals and four entities in response to the North's ...
South Korea Cashback Programs Business Report 2024-2029: $8.1 ... (GlobeNewswire)
Dublin, Nov. 01, 2024 (GLOBE NEWSWIRE) -- The.
[Editorial] South Korea needs proactive, multi-faceted diplomacy ... (The Hankyoreh)
With North Korean troops in Russia and ICBM launches on the peninsula, it's not enough for us to lean on the US and Japan.
A glimpse of Sejong, South Korea (Xinhua)
This photo taken on Oct. 31, 2024 shows a city view in Sejong, South Korea. Sejong is an administrative city located in the center of South Korea, ...
South Korea, US Hold '2+2' Meeting Amid Spiking Tensions With the ... (The Diplomat)
The two sides condemned the North's ICBM test and its apparent deployment of troops Russia.
U.S., South Korea Expand Quantum Tech Cooperation in Enhanced ... (The Quantum Insider)
The United States and South Korea are expanding their defense partnership with a focus on quantum technologies, AI, and autonomous systems.
China expands visa-free policy to 9 more countries including South ... (Reuters)
China will extend visa-free entry to citizens from nine additional countries, including South Korea, Norway and Finland, the foreign ministry said on ...
US, South Korea 2+2 Ministerial Meeting 2024 Unveiled (Mirage News)
The text of the following joint statement was released by the Governments of the United States of America and the Republic of Korea. Begin Text: U.S.
US and South Korea show concern for Strait stability (台北時報)
EXPANDING ALLIANCE: They also talked about efforts to deter North Korean nuclear threats and their commitment to strengthening defense cooperation in the ...
Indonesian, South Korean Legislators Discuss Economic Cooperation (English Tempo.co)
The meeting between legislators from Indonesia and South Korea discusses the sustainability of the cooperation that has been established for 51 years.
S. Korea, US pledge coordinated response against NK troops in ... (Korea Times)
South Korea and the United States vowed to cooperate in addressing the challenges posed by growing North Korea-Russia military cooperation, ...
India's exports to South Korea touched USD 6.4 billion in FY2024 ... (Asian Community News)
MUMBAI: Recovering from weak growth in 2023, South Korea's economy is expected to improve gradually on the back of export growth, stable inflation, ...
Secretary Antony J. Blinken and Republic of Korea Minister of ... (Department of State)
SECRETARY BLINKEN: Well, good afternoon again, everyone. We had very productive 2+2 discussions this morning and into this afternoon with Secretary Austin ...
US and South Korea defense pact extends to cyberwarfare, outer ... (Protos)
Amid concerns of Russia-backed hacks from North Korea, the US and South Korea have said their treaty includes cyber threats.
Explore the last week
- 2024 - 12 - 18, 13 topics across 112 articles.
- 2024 - 12 - 17, 21 topics across 283 articles.
- 2024 - 12 - 16, 44 topics across 491 articles.
- 2024 - 12 - 15, 35 topics across 468 articles.
- 2024 - 12 - 14, 19 topics across 233 articles.
- 2024 - 12 - 13, 50 topics across 535 articles.
- 2024 - 12 - 12, 35 topics across 364 articles.