South Korea's football governing body is likely to discuss Guus Hiddink's role for the men's national team next week, an official said Wednesday, after the Dutch tactician expressed his intention to help the Taeguk Warriors. The official with the Korea Football Association said its technical committee will hold a meeting next week. Although the committee has set up the meeting ostensibly to go o...

South Korean midfielder Ki Sung-yueng is set to make his comeback in the near future after completing his rehabilitation process, a source close to the player said Wednesday. The source in Seoul said Ki is likely to make his return for Swansea City next week as he is now able to fully join the English Premier League club's training. The development raises hope for the national team preparing for...

South Korea will extend $1.5 million worth of humanitarian assistance for refugees from Myanmar after an outbreak of violence last month caused an exodus into neighboring Bangladesh, the foreign ministry said Wednesday. The insurgent attacks against the Myanmarese police and military forces in the state of Rakhine on Aug. 25 caused a massive number of residents to flee to Bangladesh, mostly of t...

Monthly lease agreements accounted for more than 60 percent of South Korea's housing rental market last year as fewer people opt for the so-called "jeonse" system, a report showed Wednesday. According to the report by the state-run Korea Development Institute, 60.5 percent of people paid monthly rent in 2016, while 39.5 percent lived in jeonse homes. In 2010, jeonse was the most common housing ...

South Korea's unification ministry launched a new committee of civilian experts Wednesday to review previous conservative government's North Korea policies and offer policy recommendations. The nine-member panel on policy reform held its first meeting as the government of liberal President Moon Jae-in seeks to set a North Korea policy that can survive through succeeding administrations regardles...

South Korean stocks traded slightly lower late Wednesday morning as investors took to the sidelines awaiting the results of the US Federal Reserve meeting. The benchmark Korea Composite Stock Price Index shed 1.24 points, or 0.05 percent, to 2,414.81 as of 11:20 a.m. The two-day Federal Open Market Committee meeting is slated to finish Wednesday (local time) probably providing clues on US monet...

South Korea, the United States and Japan agreed Wednesday to ratchet up pressure on North Korea for its continued nuclear and missile development, according to South Korea's defense ministry. In a trilateral video conference, the regional powers' working-level defense officials strongly condemned the North's latest ballistic missile launch last Friday. The Hwasong-12 intermediate-range ballisti...

The United States has issued an advisory cautioning its financial institutions against engaging in financial deals with North Korea, while calling the communist country a "primary money laundering concern," a US broadcaster reported Wednesday. The Financial Crimes Enforcement Network, a bureau of the US Treasury Department, made the issuance Friday for the second time this year, arguing that the...

Hyundai Motor Co. said Wednesday that sales of its Genesis G70 sports sedan have begun in its home market, as the company gears up for the car's global rollout early next year. The G70, the third sedan in the revamped Genesis lineup, is designed to not only help the South Korean carmaker make its presence felt in the luxury car market, but effectively end its drought of competitiveness in the sp...

South Korean small and medium enterprises have a lower survival rate than their European Union counterparts with some 6 out of 10 surviving more than one year and less than 30 percent past five years, data showed Wednesday. A total of 62.4 percent of Korean companies remained opened for more than one year as of 2015, and 27.3 percent were doing business beyond five years, according to the data b...

South Korean companies are struggling to restructure their wage systems to stave off a possible court battle over "ordinary wage" which serves as the basis for overtime, severance and other payments, industry sources said Wednesday. The move comes as the Seoul Central District Court ruled last month that fixed bonuses and meal costs are part of ordinary salaries and that Kia Motors Corp. should ...

Schedules for South Korean baseball's postseason were announced on Wednesday. The wild card game between the fourth- and fifth-ranked teams at 2 p.m. on Oct. 5 will launch the postseason play, the Korea Baseball Organization said. The 144-game regular season is scheduled to finish on Oct. 3. The fourth seed will be the host, and it can advance to the first round of the playoffs either with a vi...

David Beckham said Wednesday he thinks the South Korean national football team will overcome difficult situations and become a better team, emphasizing that all teams and players go through adversity. The 42-year-old retired football star from Britain visited South Korea as a global ambassador for AIA, the pan-Asian insurance group, which is celebrating its 30th anniversary in the country, to ta...

The latest FedEx Cup playoff winner will compete in the first PGA Tour event in South Korea next month, the organizers said Wednesday. Marc Leishman, who captured last week's BMW Championship, has committed to the CJ Cup @ Nine Bridges, which will be played from Oct. 19-22 at the Club at Nine Bridges on Jeju Island. CJ Group said it will be Leishman's first appearance in South Korea since compe...

NEW YORK -- South Korean President Moon Jae-in on Tuesday said his country will work to set an example of economic democracy for the rest of the world, saying his election following the peaceful ouster of his predecessor may have set such an example for political democracy. The remarks came as he accepted the Global Citizen Award from the Atlantic Council, a US think tank, becoming one of three ...