S Korea plans to ban cryptocurrency trading, rattles market

By Cynthia Kim and Dahee Kim SEOUL, Jan 11 : – South Korea’s government said on Thursday it plans to ban cryptocurrency trading, sending bitcoin prices plummeting and throwing the virtual coin market into turmoil as the nation’s police and tax authorities raided local exchanges on alleged tax evasion. The clampdown in South Korea, a […]

S.Korea justice ministry prepares to ban cryptocurrency trading, exchanges raided

By Cynthia Kim and Dahee Kim SEOUL, Jan 11 : South Korea’s justice minister said on Thursday the government is preparing a bill to ban cryptocurrency trading, throwing the virtual coin market into turmoil as the nation’s police and tax authorities raided local exchanges on alleged tax evasion. The clampdown in South Korea, a crucial […]

North, South Korea to hold talks as Winter Olympics helps break ice

By Christine Kim SEOUL, Jan 9 : North and South Korea will hold their first formal talks for more than two years on Tuesday, brought together by sport to discuss how the North’s athletes can attend next month’s Winter Olympics in the South despite simmering fears of conflict. Regardless of its narrow, primarily sporting agenda, […]

Unique ‘hotline’ sets stage for new North and South Korea talks

By Hyonhee Shin and Heekyong Yang SEOUL, Jan 5 : The two sides sit within shouting distance, but when North and South Korea this week arranged the first official talks in more than two years, liaison officials spoke using desktop telephone consoles each the size of a small refrigerator. The inter-Korean Liaison Office at the […]

South Korea says ‘comfort women’ deal flawed, but Japan warns against change

By Joyce Lee and Hyonhee Shin SEOUL, Dec 29 : South Korean President Moon Jae-in said on Thursday that a 2015 agreement with Japan over South Korean “comfort women” forced to work in wartime brothels was seriously flawed after Japan said any attempt to revise it could damage relations. A South Korean panel set up […]

Moon visits scene of deadly S.Korea fire as anger mounts

By Yuna Park and Hyonhee Shin SEOUL, Dec 22 : South Korean President Moon Jae-in comforted mourners in the small scenic city of Jecheon on Friday amid growing public anger at how fire ripped through an eight-storey building, killing at least 29 people, most of them taking a sauna. All but one of the victims […]