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- 1North Korea blames U.S. for worsening nuclear crisisβΌN. Korea blames U.S. for 'worse crisis' in nuclear order, justifies its arsenal
North Korea has accused the United States of creating a 'worse crisis' in the global nuclear order, using the claim to justify its own nuclear arsenal. The statement, reported by Yonhap News Agency, repeats Pyongyang's long-standing argument that American hostility and pressure leave it no choice but to expand and maintain its weapons program. It comes amid continued tensions over North Korea's weapons development and stalled diplomatic efforts.
- 2
South Korea's finance minister and the Bank of Korea governor held a meeting, according to Yonhap News Agency. The regular financial chief-central banker meeting is being watched for signals on coordination between fiscal and monetary policy, particularly around inflation, currency pressures and the direction of interest rates as markets assess the country's economic outlook.
- 3South Korea's finance minister and BOK chief vow policy coordinationβ(LEAD) Finance minister, BOK chief stress coordination to address uncertainties
South Korea's finance minister and the governor of the Bank of Korea have emphasized the need for close coordination between fiscal and monetary policy to address economic uncertainties. Yonhap News Agency reported the comments, which highlight government and central bank alignment at a time of volatility in currency, rates and global trade conditions. No further details were given in the report.
- 4South Korea regrets Ukraine's denial of deal on North Korean prisoners of warβSouth Korea voices regret over Ukraine denial of pact on North Korean PoWs, Yonhap reports
South Korea has expressed regret after Ukraine denied the existence of an agreement concerning North Korean prisoners of war, according to Yonhap. The dispute centres on whether Kyiv and Seoul had a pact over the handling of North Korean soldiers captured while fighting alongside Russian forces in Ukraine. The disagreement risks straining coordination between the two countries on a sensitive issue involving Pyongyang.
- 5South Korea expects tax windfall exceeding 50 trillion wonβΌSouth Korea tax windfall could top 50tn won: Yonhap
South Korea is on track to collect a tax windfall that could exceed 50 trillion won above its annual revenue target, according to a Yonhap report. The unexpected surplus, likely driven by stronger-than-expected corporate and income tax receipts, gives the government fresh room for spending or fiscal consolidation. Analysts and officials are weighing how the money should be used amid ongoing budget debates.
- 6South Korea tax windfall may top 50 trillion won on chip boomβΌSouth Korea tax windfall could top 50 trillion won on chip boom - Yonhap
South Korea could collect more than 50 trillion won in extra tax revenue thanks to a surge in semiconductor exports, according to a Yonhap report carried by Yahoo Finance UK. The chip boom is lifting corporate profits and, with them, government receipts. The figure would give Seoul additional fiscal room at a time of budget pressure.
- 7South Korea voices regret over Ukraine's disclosure disputeβπ°π· πΊπ¦ South Korea's presidential office expressed "strong regret" on Sunday over what it described as # Ukraine 's denia
South Korea's presidential office expressed strong regret on Sunday over Ukraine's denial of an agreement with Seoul not to disclose the transfer of two North Korean prisoners of war to South Korea, Yonhap News Agency reported. The dispute centres on whether both sides had agreed to keep the transfer of the POWs confidential, with Kyiv disputing Seoul's account of the arrangement.