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South Korean delegation heads to Iran over seized oil tanker

January 07, 2021 11:05 AM

Iran's seizure of the tanker came after Teheran urged Seoul to release billions of dollars of Iranian assets frozen in South Korea.

China sends sanctioned official to AmCham dinner

December 12, 2020 5:00 AM

BEIJING • In a show of defiance, Beijing sent a top official sanctioned by the US to an annual dinner hosted by the American Chamber of Commerce (AmCham) in Beijing.

China to impose sanctions on US firms over Taiwan arms sales

October 26, 2020 4:11 PM

China will impose sanctions on US entities participating in US arms sales to Taiwan, a foreign ministry spokesman said.

North Korea flouting nuclear sanctions: UN report

September 29, 2020 1:40 PM

SEOUL (AFP) - North Korea is violating international sanctions aimed at curbing its nuclear programme by exceeding a cap on petroleum imports and sending its workers overseas, including a former Juventus footballer, the United Nations said.

Hong Kong bankers move to suspend accounts after US sanctions

August 10, 2020 4:27 PM

HONG KONG (BLOOMBERG) - Banks operating in Hong Kong are stepping up scrutiny of their customers and at least one US bank is moving to suspend accounts to avoid running afoul of US sanctions slapped on city officials, putting them at risk of violating the controversial security law imposed by China.

North Korea's economy grew for first time in 3 years: South Korea

July 31, 2020 11:25 AM

SEOUL (REUTERS) - The economy of isolated North Korea grew for the first time in three years in 2019 as better weather conditions boosted crop yields, but sanctions imposed to stop its nuclear ambitions kept factory output weak, South Korea's central bank said.

US starts paring back Hong Kong's special status due to security law

June 30, 2020 8:08 AM

WASHINGTON (REUTERS) - The United States began eliminating Hong Kong's special status under US law on Monday (June 29), halting defence exports and restricting the territory's access to high technology products as China prepares new Hong Kong security legislation.

Kim Jong Un reminds world of nuclear threat at fertilizer plant

May 02, 2020 4:39 PM

SEOUL (BLOOMBERG) - The place North Korean leader Kim Jong Un visited may be just as significant as showing his face in public after a three-week absence that raised questions about his health and control of the nuclear-armed state.

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