News: Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
All NewsEconomyCurrencies & ForexCryptocurrenciesCybersecurityPress Releases

Biden meets new South Korean president in Seoul

05/21/2022 | 05:17am EDT

STORY: Biden and Yoon said their countries' decades-old alliance needed to develop not only to face North Korean threats but also to keep the Indo-Pacific region "free and open" and protect global supply chains.

The friendly encounter between allies is clouded by intelligence showing North Korean leader Kim Jong Un is prepared to conduct nuclear or missile tests.

Yoon, keen for South Korea to play a bigger role in regional issues, is expected to make his country one of the inaugural members of Biden's Indo-Pacific Economic Framework (IPEF), which will be announced during the trip to set standards on labor, the environment and supply chains.

The South Korean president has also signaled a tougher line on North Korea than his predecessor and is expected to ask for Biden's help. Yoon has warned of a preemptive strike by South Korea if there is a sign of an imminent attack and vowed to strengthen the South's deterrent capability.


© Reuters 2022
Latest news "Economy & Forex"
12:03aGold set for worst quarter in five as dollar dominates
RE
06/30BUCKLE UP : How investors can deal with crypto turbulence
RE
06/30Use energy crisis as chance to save it, environment agency tells Germans
RE
06/29Chanel-backed 'activated silk' firm adds new investors
RE
06/29China summer railway travel expected to rebound as COVID curbs ease
RE
06/29U.S. watchdog to audit FAA oversight of Boeing 737, 787 production
RE
06/29Chinese homebuilders skirt discount limits with 'fancy' promotions -report
RE
06/29Australian stocks shed $172 billion in H1, analysts see more pain
RE
06/29North Korea may be behind new $100 million cryptocurrency hack, experts say
RE
06/29INDIAN MORNING BRIEFING : Asian Markets Mixed; China's Economic Activity Returned to Expansion in June
DJ
Latest news "Economy & Forex"