South Korean stocks opened higher Tuesday after suffering a sharp decline in the previous session following Pyongyang's nuclear provocations. The benchmark Korea Composite Stock Price Index gained 6.74 points, or 0.29 percent, to 2,336.39 in the first 15 minutes of trading. On Sunday, Pyongyang claimed it successfully conducted a test of a hydrogen bomb that can be loaded on an intercontinental...

South Korean President Moon Jae-in proposed Monday that the UN Security Council hold serious discussions about cutting off oil supplies to North Korea in the wake of its sixth nuclear test, his office said. Moon discussed the idea with his Russian counterpart, Vladimir Putin, during a phone call, Cheong Wa Dae said. "It's time for the UN Security Council to seriously consider ways to block Nort...

NEW YORK -- The United States urged the United Nations Security Council Monday to adopt the "strongest possible" sanctions against North Korea over its sixth and most powerful nuclear test. US Ambassador Nikki Haley made the appeal at an emergency meeting of the Security Council, which was convened in the wake of North Korea's test Sunday of what it said was an H-bomb that can fit atop an interc...

South Korea's current account surplus narrowed in July from a year earlier due to an increased deficit in the services balance, central bank data showed Tuesday. The country's current account surplus reached $7.26 billion in July, compared with a surplus of $8.41 billion a year earlier, according to the preliminary data from the Bank of Korea. The figure represents the 65th straight month of th...

South Korea's economic growth ranking among major advanced and emerging economies plunged 10 spots in the second quarter from three months earlier as its recovery lost ground, data showed Tuesday. Asia's fourth-largest economy expanded 0.6 percent on-quarter in the April-June period, compared with a 1.1 percent expansion for the first quarter, according to the data from the Organization for Econ...

South Korean LPGA rookie sensation Park Sung-hyun rose to No. 2 in the latest women's world rankings announced Tuesday. Park moved up a spot to achieve a career high in ranking positions for the second straight week. She'd also gone up one spot to No. 3 the previous week. Park's rise gave South Korea the top two female golfers in the world, with Ryu So-yeon entrenched as the No. 1 for the 10th ...

South Korea has faced no new import restrictions or related investigations by foreign countries for the past two months in a positive sign for the export-driven economy, data showed Tuesday. No South Korean products were subjected to fresh import regulations in the form of anti-dumping duties, countervailing duties, safeguards or a combination of them during the July-August period, according to ...

South Korean President Moon Jae-in and US President Donald Trump agreed to remove the limit on the payload of South Korean missiles under the allies' missile guideline in a move to enhance South Korea's own defense capabilities against North Korean provocations, Seoul's presidential office Cheong Wa Dae said Tuesday. The agreement was reached in a telephone conversation between the two leaders h...

South Korea's Navy said Tuesday it has conducted massive live-fire drills in the East Sea in a show of its resolve to retaliate against North Korea's provocations. Among assets mobilized were the 2,500-ton Gangwon frigate, a 1,000-ton patrol ship, 400-ton guided-missile vessels and 130-ton high-speed boats, according to the Navy. "The training this time is aimed at improving our military's imme...

A North Korean delegation left for Russia Monday, the North's state media reported, for a regional economic forum that will also involve a South Korean government delegation headed by President Moon Jae-in. The North Korean delegation, led by Kim Yong-jae, minister of external economic relations, left for Vladivostok for the Third Oriental Economic Forum, the North's Korean Central News Agency r...

The main opposition Liberty Korea Party on Monday ramped up its claim of a government attempt to control the media, drawing fire from the ruling party that urged a united front amid North Korea's escalating nuclear threats. Dozens of LKP lawmakers visited the prosecution and Korea Communications Commission to protest a court's recent issuance of a writ to detain MBC CEO Kim Jang-kyom over allege...

South Korean President Moon Jae-in is set to hold talks with his Russian counterpart and Germany chancellor later Monday in telephone conversations widely expected to focus on ways to rein in North Korea's evolving nuclear and missile provocations, the presidential office Cheong Wa Dae said. Moon will first hold a telephone conversation with German Chancellor Angela Merkel at 9:30 p.m. (Seoul ti...

BEIJING -- The top diplomats of South Korea and China discussed North Korea's sixth nuclear test and their countries' response to it during a phone conversation on Monday, the foreign ministry here said. Foreign Minister Kang Kyung-wha and her Chinese counterpart Wang Yi consulted mainly on "the circumstantial assessment of the sixth nuclear test and the direction of their future response," the ...

A local official on Jeju Island said Monday that a US naval ship carried out an underwater survey off the South Korean military base there last month, raising suspicions that it may be part of preparation for the deployment of US strategic assets. "The US Navy vessel Henson was spotted conducting an extensive survey of the sea off the base late into the night from Aug. 17-29," the official at th...

Daewoo Shipbuilding & Marine Engineering Co., a major shipyard here, said Monday that it has secured a 470 billion won ($420 million) order to build five very large crude carriers. Under the deal with Hyundai Merchant Marine Co., South Korea's top shipping firm, Daewoo Shipbuilding, said it will deliver the vessels by September 2019. Last week, Hyundai Merchant said it plans to spend 470 billio...