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East Asia
N. Korea to focus on securing Tokyo Olympic spots: sports minister
North Korea will concentrate all its forces on securing 2020 Tokyo Olympic spots this year, a pro-North Korea newspaper in Japan reported Friday, citing Pyongyang’s sports minister. The Chosun Sinbo said that North Korean Sports Minister Kim Il-guk unveiled the communist state’s 2019 objectives in sports at its National Olympic…
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East Asia
S. Korea: two years on, Internet-only banks bring about changes to financial sector
In the two years since the launch of the country’s first Internet-only bank, South Korea’s banking sector has moved towards digitalization to better satisfy customers’ growing appetite for convenient and diverse financial experiences. As new Internet-only banks get ready to set sail next year, competition in the industry is expected…
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East Asia
N. Korea joins U.N. Convention on Contracts for International Sales of Goods
North Korea has joined the U.N. Convention on Contracts for International Sales of Goods (CISG), a U.N. commission said, an unusual move for the isolated nation whose trade with the outside world is significantly restricted by sanctions. With the accession, North Korea become the 90th state party to the convention,…
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East Asia
South Korea: gov’t declares state of disaster for Goseong inferno
The South Korean government declared a state of national disaster Friday over the massive blaze that has engulfed five cities and counties along the northeastern coast. The announcement came after Prime Minister Lee Nak-yon said he had recommended President Moon Jae-in take the measure. “The government will also decide whether…
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East Asia
20th Jeonju Int. Film Festival to feature 262 films from 52 countries
The annual international film festival hosted by the South Korean heritage city of Jeonju will show 262 films from 52 different countries as it rolls out the red carpet early next month, the event’s organizer said Wednesday. The 20th Jeonju International Film Festival (JIFF) will kick off its 10-day run…
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East Asia
S. Korea: Growing number of women disagree with traditional gender roles
About 7 out 10 married women disagree with the traditional gender roles of breadwinning husbands and homemaker wives, although a majority of the women acknowledge that mothers are better at raising children, a survey said Thursday. A total of 10,630 married women aged 15 to 49 were polled for the…
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East Asia
Saudi Arabia, S. Korea elevating innovative economic partnership for sustainable growth
Saudi Arabia wishes to bolster ties with Asia’s fourth-largest economy to expand areas of industrial cooperation, the Middle Eastern country’s economy minister said Thursday, stressing both countries have knowledge and experience that can be shared for mutual and sustainable growth. “We want to elevate the relationship between Saudi Arabia and…
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East Asia
S. Korea, Indonesia to hold foreign ministerial talks next week
South Korea’s top diplomat, Kang Kyung-wha, plans to visit Jakarta next week for talks with her counterpart on ways to beef up cooperation between the two sides, her ministry said Thursday. During the two-day trip there from Sunday, Kang is scheduled to have a joint committee meeting with Indonesian Foreign…
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East Asia
Xi’s Monaco visit sets trend
Chinese President Xi Jinping’s state visit to Monaco will set an example of friendly relations between countries of different sizes and lead other small-sized nations to cooperate with China, analysts said. Xi attended an official welcome ceremony in Monaco on March 24 and held talks with Prince Albert II, head…
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East Asia
Villagers shake off poverty by making replica Terracotta Warriors in Shaanxi
Every year, millions of tourists from home and abroad come to marvel at the Terracotta Warriors, the stone soldiers and horses buried to protect China’s first emperor Qinshihuang of the Qin Dynasty (221 BC-206 BC) in the afterlife. In Lintong county, near Xi’an, capital of Shaanxi Province, a parallel trade…
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