Hieun Shin

2 weeks ago | yahoo.com | Hieun Shin

North Korea confirmed for the first time it had deployed troops to Russia, with state news agency KCNA on Monday reporting that Pyongyang's soldiers helped Moscow reclaim territory under Ukrainian control in the Russian border region of Kursk. The admission comes just days after Russia confirmed the North's participation, with South Korean and Western intelligence agencies having long reported that Pyongyang sent more than 10,000 soldiers to help in Kursk last year.

2 weeks ago | macaubusiness.com | Hieun Shin

South Korea’s economy unexpectedly contracted 0.1 percent in the first three months of this year, the country’s central bank said Thursday, as the Asian export giant reels from months of political chaos and heightened trade tensions. US President Donald Trump’s threatened 25 percent “reciprocal” tariffs on export-dependent South Korea have rattled Asia’s fourth-largest economy, sending Seoul-listed shares tumbling and pushing the currency to its weakest level since 2009.

3 weeks ago | sg.news.yahoo.com | Hieun Shin

People walk past a bull and bear sculpture in front of the Korea Exchange building in Seoul (ANTHONY WALLACE) (ANTHONY WALLACE/AFP/AFP)South Korea's economy unexpectedly contracted 0.1 percent in the first three months of this year, the country's central bank said Thursday, as the Asian export giant reels from months of political chaos and heightened trade tensions.

1 month ago | barrons.com | Hieun Shin

The country is a major exporter to the United States and its powerhouse chip and auto industries would suffer a hefty hit from President Donald Trump's threatened 25 percent levies. Concerns about the sector have hammered the Seoul-listed shares of the world's largest memory chip maker Samsung, and largest memory chip supplier SK Hynix. Officials have now stepped up to provide more cover for the economically crucial industry by announcing an extra $4.9 billion will be pumped into it through 2026.

1 month ago | yahoo.com | Hieun Shin

South Korea's former president Yoon Suk Yeol denied he had committed insurrection Monday, as the impeached leader appeared in court on the first day of his criminal trial over his martial law declaration. Yoon was formally stripped of office earlier this month, after being impeached and suspended by lawmakers over his December 3 attempt to subvert civilian rule, which saw armed soldiers deployed to parliament.