Hundreds of Korean female leaders around the globe in various fields will gather in South Korea this week to discuss the role of women in the fast-changing age of information technology, the government said Sunday. The 17th Korean Women's International Network, organized by the Ministry of Gender Equality and Family, has invited some 620 women leaders from 32 countries who are credited with spea...

South Korea's animal quarantine agency said Sunday that its has developed the world's first diagnosis kit that can simultaneously check three different types of foot-and-mouth disease strains. The kit is able to detect the O, A and Asia 1 serum types of the highly contagious disease that affects all cloven-hoofed animals such as cattle, pigs, deer, goats, Animal and Plant Quarantine Agency said....

The sale of luxury sport-utility vehicles is on the rise in South Korea as an increasing number of local customers choose recreational vehicles over sedans, industry data showed Sunday. The global SUV market has grown rapidly in recent years, with the ratio of SUVs accounting for 25 percent of total vehicle sales in 2016, up from 17 percent in 2012, according to data from the Korea Automobile Im...

South Korea's vice foreign minister on Sunday left for the United States to meet with senior US officials over North Korea's nuclear issue and the Seoul-Washington alliance, government officials said. Vice Foreign Minister Lim Sung-nam will meet with US Deputy Secretary of State John Sullivan and other ranking officials on Monday, according to Seoul's foreign ministry. Lim will be in Washington ...

South Korea has started a feasibility review for the building of a nuclear-powered submarine amid North Korea's evolving nuclear and missile threats, government sources said Sunday. The Navy has commissioned a private institute to find ways to resolve international restrictions in building a nuclear submarine with the results to come out as early as the end of this year, sources said. The gover...

Lotte Hotel Yangon, to be operated on commission by Lotte Hotel & Resorts, will open later this week as the company's eighth overseas chain, officials said Sunday. South Korean retail giant Lotte will manage the new hotel for 20 years in contract with Daewoo Amara, in what will be the first five-star accommodation facility it operates on commission outside of the country. The resorts firm has a ...

The financial regulator will conduct inspections this week of five leading securities firms that want to start investment banking business, focusing on how well they can manage their electronic system for issuing promissory notes, officials said Sunday. The Financial Supervisory Service will look into the business plan, personnel structure and IT management of Mirae Asset Daewoo, NH Investment &...

CHEONGJU -- A South Korea's regional airport heavily dependent on Chinese tourists is facing tough times after being hit hard by Seoul's diplomatic row with Beijing over the deployment of an anti-missile system, industry sources said Sunday. The Cheongju International Airport, which used to have nine out of 10 international passengers coming from its China routes, has not seen flights to major C...

South Korea is pinning hopes that North Korea's participation in the 2018 PyeongChang Olympics will facilitate sports exchanges and pave the way for easing of tensions between the two neighbors. With less than six months to go before the start of the Winter Games, the government of President Moon Jae-in is seeking North's participation in the premier winter sports event so that it can help resto...

South Korea's central bank is likely to hold its key rates steady this month as soft economic growth and subdued inflation will allow it to sit on the sidelines, a leading provider of economic analysis said Sunday. The Bank of Korea is set to hold its rate-review session Thursday to decide whether to keep or adjust the all-time low rate of 1.25 percent. "Further interest rate cuts are firmly of...

PAJU -- South Korean midfielder Yeom Ki-hun said Friday he is ready to provide assists to strikers in the upcoming World Cup qualifiers. Yeom is one of the 26 players called up by head coach Shin Tae-yong for South Korea's last two matches in the final Asian qualifying round for the 2018 FIFA World Cup. South Korea will host Iran next Thursday and take on Uzbekistan five days later in Tashkent. ...

South Korean striker Kim Shin-wook said the national football team is evolving with the new head coach, emphasizing that they will display a different style of football in the upcoming World Cup qualifiers. Kim is one of the 26 players called up by head coach Shin Tae-yong for South Korea's last two matches in the final Asian qualifying round for the 2018 FIFA World Cup. South Korea will host Ir...

South Korean shares may fall to around the 2,360 level next week as the customs office is widely expected to release weakening export data, with all eyes on the outcome of the Jackson Hole meeting, market watchers said Saturday. On Friday, the benchmark Korea Composite Stock Price Index edged up 2.67 points, or 0.11 percent, at 2,378.51. It was up 0.9 percent from a week earlier. This week, the...

The employment rate of South Korean women in their 30s hit a record high in the first half of this year, data showed Saturday, as the government has taken a series of measures to bring stay-at-home moms back to work. Statistics Korea said the employment rate of women in their 30s stood at 59.2 percent, the highest half-year figure since 1999 when the statistics office began compiling relevant da...

South Korean President Moon Jae-in called Saturday for patience in dealing with North Korea as Pyongyang fired at least three projectiles into the sea off its east coast in the latest provocative move. "Evaluations of (policies regarding) South-North relations don't come out quickly, hence this one must be prepared with a long-term perspective," Moon said during a luncheon meeting with more than...