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Hanjin fallout casts cloud over southern coast economy

Sept 5, 2016

[THE INVESTOR] The fallout of Hanjin Shipping , the world’s 7th largest shipping line, is dealing a severe blow to the economy of Korea’s southern coast area where regional sustainability depends ...
Diageo eyes whisky revival in Korea

Sept 5, 2016

[THE INVESTOR] South Korea’s whisky market is facing a dark age, in light of sluggish demand for strong liquors and pricey bars serving high-end foreign liquors. Today, major whisky brands are seek...
Park calls for enhanced business cooperation with Egypt

NationalSept 4, 2016

President Park Geun-hye on Sunday called for greater business cooperation with Egypt, particularly in the Middle East nation's infrastructure development field, her office Cheong Wa Dae said. During...
Park officially appoints culture, agriculture ministers, Supreme Court justice

NationalSept 4, 2016

President Park Geun-hye officially approved the appointment of two Cabinet ministers and a Supreme Court justice through an electronic endorsement system on Sunday, her office Cheong Wa Dae said. He...
Gov't to maintain initial price ceilings for anti-graft law

Social affairsAug 29, 2016

The South Korean government said Monday it has decided to maintain the existing price ceiling for the controversial anti-graft law that will go into effect in late September, despite rising concerns ...
2 U.S. figure skaters apply for S. Korean citizenship ahead of PyeongChang Winter Games

Olympic GamesAug 29, 2016

Two American figure skaters have applied for South Korean citizenship with an eye on competing at the 2018 Winter Olympics here, officials said Monday. The Korea Skating Union said Alexander Gamelin...
China says UNSC statement on N. Korea comprehensive and balanced

North KoreaAug 29, 2016

A recent United Nations Security Council statement condemning North Korea's provocations is balanced and comprehensive, the Chinese foreign ministry's spokesperson said Monday, urging against any ten...
Ruling party demands lawmakers' visit to China be canceled amid THAAD controversy

NationalAug 6, 2016

South Korea's ruling party on Saturday lambasted its rival party lawmakers' plan to visit China next week to discuss the country's plan to deploy a U.S. missile defense system, saying that it is a "s...
Angola submits implementation report of sanctions on N. Korea

North KoreaAug 6, 2016

Angola has submitted its action plan on how to implement sanctions imposed on North Korea in line with the United Nations Security Council's push to punish Pyongyang for its nuclear and missile devel...
Thai economy feels sting from political uncertainty

코리아 헤럴드Aug 6, 2016

BANGKOK (AP) -- Thailand's stagnating economy is unlikely to get much of a boost from a referendum Sunday on a new constitution proposed by the military government, which took power in a 2014 coup. A...
Japan protests China's vessels around disputed islands

코리아 헤럴드Aug 6, 2016

TOKYO (AP) -- Japan has protested to China after six Chinese coast guard vessels approached disputed East China Sea islands accompanying a fleet of hundreds of Chinese fishing boats. Japan's Foreign...
U.S. decides to impose 61 percent duties on POSCO steel products

IndustryAug 6, 2016

The U.S. Department of Commerce has decided to impose nearly 61 percent in duties against hot-rolled steel flat products imported from South Korea's steel giant POSCO, a source said Friday. The deci...
N.K. diplomats summoned for probe into mass defections: report

North KoreaAug 6, 2016

North Korea has summoned its consuls stationed in Shenyang in order to investigate recent mass defections of restaurant workers at the North's state-run restaurants in China, a U.S.-based media repor...
S. Korean delegation greeted by U.N. chief at Rio opening ceremony

Olympic GamesAug 6, 2016

The South Korean delegation to the Rio de Janeiro Olympics was greeted by U.N. Secretary-General Ban Ki-moon at the opening ceremony Friday. South Korea was the 52nd country to appear in "Parade of ...
Seoul shares forecast to move in tight range next week

Aug 6, 2016

South Korean shares are expected to move upward in the coming week on the back of foreign buying on eased concerns over a U.S. interest rate hike and recovery in crude oil, but the gains will be limi...