South Korea

Iran issues fresh warning to South Korea over blocked funds

Jul 29, 2020 12:24

Iran has issued a fresh warning to South Korea over billions of dollars of Iranian funds illegally blocked in the Southeast Asian country, signaling that Tehran would not be happy with a partial reimbursement through humanitarian shipments.
South Korea must abandon illegal policies on Iran frozen assets: Government spokesman

Jul 29, 2020 00:55

Government spokesman Ali Rabiei has called on South Korea to abandon its “illegal” policies and release the Iranian assets that it has frozen due to the US sanctions so that Tehran can step up its fight against a deadly coronavirus outbreak.
S. Korea should prove its independence, repay debts to Iran: Spokesman

Jul 27, 2020 07:59

The spokesperson for Iran’s Foreign Ministry advised South Korea to demonstrate its independence by unfreezing Iran’s financial resources without being influenced by third parties.
South, North Korea mark anniversary of 1953 armistice

Jul 27, 2020 04:38

North and South Koreas have separately marked the 67th anniversary of an armistice that ended the Korean War.
South Korea enters recession as exports plunge by most since 1963

Jul 23, 2020 02:55

South Korea slipped into a recession in the second quarter in its worst economic decline in over two decades as exports plunged due to the coronavirus pandemic.
South Korea, US fail to decide on joint military drills amid pandemic concerns

Jul 21, 2020 05:43

A South Korean official says the coronavirus pandemic threatens the joint military exercises with the United States, as the two sides struggle to agree on the scale, scope and timing of their annual war games.
Iran mulls lawsuits and legal actions to unblock funds

Jul 17, 2020 14:44

An Iranian businessman says South Korea has agreed to release a part of funds belonging to Iran and frozen in the country's banks under pressure from the United States. Hossein Tanhayi, who chairs Iran-South Korea Joint Chamber of Commerce, said recently that the two countries had agreed to use a first installment of the funds for Iran’s purchase of drugs and medical equipment.
Tehran warns Seoul over ‘unacceptable’ freezing of Iranian oil money

Jul 17, 2020 05:29

Iran has issued an official warning to the “rude" government of South Korea over its “unacceptable” and “unjustifiable” move to block the Islamic Republic’s oil money.
Missing Seoul mayor found dead: Yonhap news agency

Jul 10, 2020 03:10

Seoul City Mayor Park Won-soon has been found dead, South Korea's Yonhap news agency reports, after police mounted a large search when his daughter reported him missing.
Seoul mayor reported missing as police launch search

Jul 09, 2020 10:13

South Korean police say they are searching for the mayor of Seoul, Park Won-soon, after his daughter reported him missing.