SEOUL– Most listed manufacturing firms in South Korea tend to hold or resell treasury shares instead of canceling them in order to help controlling shareholders strengthen their managerial control, a report said Sunday.According to the report by profe…
Category: Governance
New activity seen at test stand of N. Korea’s SLBM development site: 38 North
WASHINGTON– Recent satellite imagery indicates new activity at the test stand of North Korea’s main submarine-launched ballistic missile development shipyard in a move that suggests the communist nation is planning to accelerate its SLBM program, a we…
Hyundai, Kia China sales remain weak last month amid THAAD row
SEOUL– The number of vehicles sold in China by Hyundai Motor Co. and Kia Motors Corp. in April fell 65 percent on-year due to the ongoing diplomatic row between Seoul and Beijing over the deployment of a U.S. anti-missile system, the companies said Th…
McCain: ‘I don’t understand’ Trump’s praise of N.K. leader
WASHINGTON– U.S. Sen. John McCain said Tuesday he can’t understand why President Donald Trump said he would be “honored” to meet with North Korean leader Kim Jong-un, expressing concern that such a remark helps the “prestige” of the dictator.Trump mad…
Rights organ urges UNSC to bring N. Korean rights violators to justice
SEOUL– An international human rights organization has called for the U.N. Security Council to refer those responsible for infringing on human rights in North Korea to an international court, a U.S. broadcaster reported Tuesday. The U.N. council should…
McMaster: U.S. should be prepared for military operations against N. Korea
WASHINGTON– The United States should be prepared for military operations against North Korea, even though the hope is to resolve the situation without resorting to force, National Security Advisor H. R. McMaster said Sunday.”We do have to do something…
Seoul National University to test self-driving car on public roads
SEOUL– Seoul National University (SNU) will begin testing its self-driving car on public roads in South Korea’s capital city from late next month, the school and government sources said Sunday. Developed by researchers at the country’s top rated unive…
China continues to buy N. Korean minerals despite U.N. ban: report
SEOUL– China continued its imports of North Korean minerals in the first quarter of this year despite a ban imposed by the United Nations, a report said Saturday.North Korean zinc valued at US$680,000 (about 775 million won) and silver worth $120,000 …
U.S. experts call for ‘secondary sanctions’ on China to get Beijing to exercise real pressure on N.K.
WASHINGTON– China is unlikely to exercise enough pressure on North Korea to make it rethink its weapons programs, and the U.S. should aggressively pursue “secondary sanctions” on Chinese firms doing business with the North in order to get Beijing movi…
N. Korea stages firing drill marking military anniv.: source
SEOUL– North Korea staged what appears to be the largest firing drill on Tuesday to mark the 85th founding anniversary of its military, a government source said.”Signs are detected that North Korea’s military is conducting a large-scale drill around t…