South Korean automaker Kia Motors Corp. will unveil its hatchback-style concept car at an international auto show next month, the company said Thursday. The "KED-12" will be presented at the 2017 Frankfurt Auto Show and its teaser image was unveiled to the public for the first time earlier in the day. (Yonhap) Kia Motors said its European Design Center, a creative research lab based in Europe,...

South Korea remains unchanged in its commitment to a nuclear arms-free Korean Peninsula, the foreign ministry said Thursday, apparently dismissing speculation that Seoul might be interested in the redeployment of US tactical nuclear weapons on its soil in the face of a growing threat from North Korea. "Our basic stance is to denuclearize the Korean Peninsula through a complete nuclear disarmamen...

Hyundai Robotics Co. was officially launched on Thursday as the holding company of the Hyundai Heavy Industries Group with the aim to diversify its products and exports markets. The company started operations at its new headquarters in Daegu, 302 kilometers southeast of Seoul, where it completed a smart factory in April that converges information, communication and technology with production. H...

South Korea's top Air Force commander warned Thursday of the possibility of unexpected, sudden attacks by North Korea, with all eyes riveted on its ballistic missile and nuclear programs. During a visit to a local unit of the Air Defense Artillery Command, Gen. Lee Wang-keun, the Air Force chief of staff, called for a watertight aerospace surveillance and anti-ballistic missile posture. Gen. Le...

South Korea's financial regulator said Thursday it will consider adjusting banks' loan-to-deposit ratio requirement to help slow the growth of household lending. The idea was one of the topics being discussed at a meeting of government officials earlier in the day to revamp regulations on capital markets. The meeting was led by Kim Yong-beom, vice chairman of the Financial Services Commission. ...

South Korean tennis player Chung Hyeon has been eliminated in the second round at the US Open. Chung, world No. 47, fell to the 15th-ranked American John Isner in straight sets at Billie Jean King National Tennis Center in New York on Wednesday (local time). Isner dominated Chung in winning the match 6-3, 6-4, 7-5 in one hour and 45 minutes. In this EPA photo, Chung Hyeon of South Korea hits ...

Los Angeles Dodgers' starter Ryu Hyun-jin suffered his first loss in the second half after getting torched by the Arizona Diamondbacks. The South Korean left-hander allowed a season-high six earned runs on eight hits, including three home runs, in four innings against the D-Backs at Chase Field in Phoenix on Wednesday (local time). With the Dodgers down 6-0 in the top fifth, Ryu was lifted for ...

South Korea aims to create 200,000 new jobs in the health care sector over the next five years in an effort to improve medical services, the health ministry said Thursday. The government forecast that some 100,000 new jobs will be created naturally over the next five years, with another 100,000 positions being made with the government's policy intervention. It said such growth is possible as hea...

Daewoo Shipbuilding & Marine Engineering Co., a major shipyard in South Korea, said Thursday that it has clinched a 30 billion-won ($26.7 million) deal from Indonesia's Navy to provide maintenance and upgrade services for one of its submarines. Under the deal, Daewoo Shipbuilding will work with Indonesia's largest shipyard, PT. PAL, on the maintenance of a submarine operated by the Indonesia's N...

South Korea ranked No. 1 in the level of development in its information and communications technologies in 2016, the second year in a row that it topped the global ranking, a government report showed Thursday. According to the annual report by the Ministry of Science and ICT, the International Telecommunications Union said Asia's fourth-largest economy ranked first among 175 countries surveyed l...

South Korea's total population rose slightly last year, but senior people outnumbered children for the first time in history amid a rapid aging trend, a national census showed Thursday. A total of 51.27 million people lived in South Korea as of Nov. 1, 2016, up 0.4 percent, or 200,000, from a year earlier, according to the 2016 census by Statistics Korea. The agency started to hold a census bas...

A top US military commander has said that North Korea is forecast to perfect its intercontinental ballistic missile by the end of next year, the chief of South Korea's parliamentary defense committee said Thursday. Kim Young-woo of the minor opposition Bareun Party told media that US Pacific Command chief Adm. Harry Harris made the remarks during their recent meeting in Seoul. Earlier, the Wash...

South Korean stocks traded slightly lower Thursday morning as foreign investors are set to extend their selling to a fifth straight day. The benchmark Korea Composite Stock Price Index shed 7.88 points, or 0.33 percent, to 2,364.40 as of 11:15 a.m. Market heavyweights traded mixed, with market kingpin Samsung Electronics up 0.48 percent. SK hynix, a major chipmaker, rose 0.15 percent, and POSC...

A group of lawmakers on Thursday proposed a parliamentary resolution calling on President Moon Jae-in to scrap a South Korea-US missile guideline, saying it has restricted Seoul's missile capabilities and commercial rocket development. The 26 lawmakers, led by Kim Kyung-jin of the minor opposition People's Party, claimed that the "humiliating" guideline has seriously infringed on the country's s...