SEOUL -- North Korea and South Korea agreed on Tuesday to hold high-level inter-Korea talks on May 16 to discuss steps needed to uphold the pledge to denuclearize the Korean peninsula, South Korea’s Unification Ministry said. The meeting will discuss specific plans needed to carry out the April 27 inter-Korea summit declaration, which includes pledges to finally end a seven-decade war this year, and pursue “complete denuclearization”. “The South and North will hold a high-level inter-Korea meeting on May 16 in the Peace House in Panmunjom, to discuss implementation of ‘Panmunjom Declaration for Peace, Prosperity and Unification of the Korean Peninsula,” the Unification Ministry said in a statement. The meeting would be the latest in a series of actions taken by North Korea that have spurred hopes that the seven-decade conflict on the Korean Peninsula may be coming to an end. North Korea has scheduled the dismantlement of its nuclear bomb test site … [Read more...] about North, South Korea to hold high-level inter-Korea talks on May 16
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SEOUL -- South Korea’s LG Display Co Ltd forecast higher panel shipments and more stable prices in the second quarter as it reported its first operating loss in six years on Wednesday, hit by a flood of supply from Chinese rivals. Sluggish sales of liquid crystal displays for TVs and investment costs of shifting production to meet growing demand for organic light-emitting diode (OLED) panels also weighed on earnings in the first quarter. But CFO Don Kim said the second quarter was looking brighter, with panel area shipments expected to grow on-quarter as consumers upgraded to bigger screens to watch major sporting events. LCD panel prices should stabilize while demand for large-size OLED panels was also expected to remain strong, he added. “The market situation has changed more rapidly than expected,” he said in a statement. “We will be focusing on efficient and flexible management in capital expenditure and maintaining operational performance including … [Read more...] about South Korea’s LG Display looks up after posting first loss in 6 years
Updated 1:24 pm, Tuesday, April 24, 2018 Photo: AP Image 1of/1 CaptionClose Image 1 of 1 This undated image provided by Tennis Canada shows Anne Marie D'Amico. Toronto City Councilor Cesar Palacio has identified one of the victims of Monday, April 24, 2018 van incident as Anne Marie D'Amico. (Tennis Canada via AP) less This undated image provided by Tennis Canada shows Anne Marie D'Amico. Toronto City Councilor Cesar Palacio has identified one of the victims of Monday, April 24, 2018 van incident as Anne Marie D'Amico. ... more Photo: AP Canada van victims include people from Jordan, South Korea 1 / 1 Back to Gallery TORONTO (AP) — The first victim publicly identified after a van plowed down a Toronto sidewalk and killed 10 people worked at an investment management firm and enjoyed sports and … [Read more...] about Canada van victims include people from Jordan, South Korea
The Winter Olympics are underway, and aside from the scheduled sports, there’s also an intense political game running concurrently: the diplomatic back and forth between host country South Korea and its bitter rival in the North.Kim Yo Jong, sister of North Korean leader Kim Jong Un, arrived in Pyeongchang on Friday accompanied by a delegation from the Hermit Kingdom.The dramatic turn of events also marks the first visit by a member of her family to South Korea since the Korean War ended in 1953.Per AP noted, her arrival comes “amid hopes that North Korea’s participation in the Olympics could lead to a diplomatic breakthrough and reverse growing tensions over the rogue regime’s nuclear weapons program.”Experts on the region, however, are wary: But analysts remain skeptical that their participation will lead to lasting changes in North Korea’s behavior, and the public here has been wary of South Korean President Moon Jae-in’s effort to use … [Read more...] about WATCH: Kim Jong Un’s Sister Arrives at South Korea Winter Olympics in Historic Visit
The XXIII Winter Olympics — which officially kick off Feb. 9 with the Opening Ceremony in Pyeongchang, South Korea — have for months been defined by fears that there would be an international incident involving North Korea. And much of the talk among NBC Sports and NBC News staffers — the company typically sends more than 2,000 employees to the Winter Games — has been about how no one wants to go."It's terrifying," says one veteran NBC News staffer. But in January, tensions appeared to ease when North Korea officially accepted the South's invitation to send athletes to the Games. It will be the first time North Korea has participated in the Winter Olympics in eight years. "Imagine the amazing global moment of having the North and the South together for the first time in that Olympic stadium," says Jenny Storms, NBC Sports Group's CMO. "That is the beauty of the Olympics; it brings people together, it brings the world together."While that may be true, the larger … [Read more...] about Can NBC’s South Korea Olympics Rebound From Rio?