South Korea Offers Aid to Flood-Stricken North Korea
South Korea on Thursday offered to send humanitarian aid to North Korea after the isolated North reported extensive damage from floods in towns along its western border with China.
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South Korea on Thursday offered to send humanitarian aid to North Korea after the isolated North reported extensive damage from floods in towns along its western border with China.
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South Korea’s unification ministry, which handles inter-Korean affairs, said the South was willing to swiftly provide supplies to address the “humanitarian difficulties” facing North Korean residents following the recent storms. The ministry in a statement urged North Korea’s Red Cross to promptly respond to its calls for discussions to determine the types and amounts of South Korean supplies and how to deliver them.
TOKYO -- The yen strengthened to a four-month high against the dollar on Wednesday after Bank of Japan Gov. Kazuo Ueda told reporters that he was open to future interest rate hikes.
TOKYO -- Toyota Motor on Thursday reported a record-high net profit of 1.3 trillion yen ($8.9 billion) for the April-June quarter, up 1.7% from the year-earlier period. The weak yen boosted the iconic automaker's profit despite sales in Japan having turned sluggish due to three models being sidelined following safety test irregularities in June.