Wednesday, June 13th, 2018


FIFA Awards 2026 World Cup to Canada, Mexico, U.S. Joint Bid

Football’s governing body has awarded the 2026 World Cup to a joint hosting bid by Canada, Mexico and the United States.FIFA member countries voted 134-65 in favor of the three-nation group over runner-up Morocco.President Donald Trump praised the selection for the 2026 World Cup. The 2018 World Cup… Source: Culture

Kia Motors unveils in-car entertainment system for Chinese market

SEOUL, June 13 (Yonhap) — Kia Motors Corp., South Korea’s second-largest carmaker, said Wednesday it has unveiled an in-vehicle entertainment and communications system that is designed solely for the Chinese market. It is the first time that Kia Source: Money

Regulator to step up oversight of credit unions

SEOUL, June 13 (Yonhap) — The financial watchdog said Wednesday it will step up oversight of credit unions’ financial health after their sales of personal loans surged. In the first four months of this year, outstanding personal loans extended by Source: Money

Regulator to expand probe into Samsung BioLogics' accounting practices

SEOUL, June 13 (Yonhap) — Financial authorities have decided to expand their probe into Samsung BioLogics Co.’s suspected accounting breach to include its books before 2015, officials said Wednesday. The regulatory review centers on questions abo Source: Money

Analysts see no immediate impact of Trump-Kim summit on S. Korean stocks

SEOUL, June 13 (Yonhap) — The historic summit between U.S. President Donald Trump and North Korean leader Kim Jong-un is unlikely to have an immediate impact on the South Korean stock market as it would take time to reduce risks from the North’s nucle Source: Money

Kim Jong-un Got Everything He Wanted from Summit with Trump

Many South Koreans had a great deal of hope for the U.S.-North Korea summit in Singapore because they believed that the historic meeting could resolve the nuclear threat which had loomed over their heads over the last 25 years. U.S. President Donald Trump had been full of promises. “We will do it as… Source: Culture

Trump Wants to Pull U.S. Troops out of S.Korea

U.S. President Donald Trump gave South Korean a shock on Tuesday with throwaway promises to end joint “war games” and by expressing hopes of pulling U.S. troops out altogether. “I want to get our soldiers out,” Trump told reporters in Singapore. “I want to bring our soldiers back home. We have, righ… Source: Culture

N.Korea 'Destroying Missile Engine Test Site'

U.S. President Donald Trump on Tuesday claimed North Korea is destroying a missile engine test site without even being asked.”North Korea is already destroying a major missile engine testing site,” Trump said. “We agreed to that after the agreement was signed.”Trump also reported the development to … Source: Culture

N.Korea Sanctions Likely to Fizzle out Despite Trump's Pledges

The historic summit between U.S. President Donald Trump and North Korean leader Kim Jong-un has raised fears that international sanctions against the regime will weaken immediately, leaving the international community with no leverage should the North fail to denuclearize.”In the meantime, the sanct… Source: Culture

Kim Jong-un Chats with Bolton in Singapore

North Korean leader Kim Jong-un had a chance to talk with U.S. President Donald Trump’s hawkish and abrasive security adviser John Bolton on Tuesday.Bolton had been responsible for much of the aggressive rhetoric emanating from the White House ahead of the U.S.-North Korea summit, which evaporated l… Source: Culture