Cash payments fell to less than half of all payments at a major convenience store chain in 2016 as a growing number of people used credit, debit and other cards, the chain said Sunday.It is the first time that card payments have exceeded 50 percent of the total at any convenience store chain, CU sai
The first court hearing on a corruption case involving former President Park Geun-hye will be held early next month. according to sources Friday.The sources said that the Seoul Central District Court plans to hold the preparatory session on May 2, one week before the presidential election. P
A South Korean cargo ship with eight South Korean and 16 Filipino sailors went missing in the South Atlantic earlier this week after making a distress call, Seoul's foreign ministry said Saturday.The Marshal Islands-flagged ship, Stella Daisy, was sailing in waters near Uruguay after departing B
Moon Jae-in, former head of the Democratic Party, broadened the gap with South Chungcheong Gov. An Hee-jung in an opinion poll among presidential hopefuls, apparently due to a controversial remark made by the regional administrator on President Park Geun-hye.According to the poll conducted by Realme
SEOUL, Jan. 30 (Yonhap) -- South Korea's Acting President and Prime Minister Hwang Kyo-ahn held telephone talks with U.S. President Donald Trump on Monday morning for the first time since the latter took office earlier this month, officials here said.Hwang and Trump were expected to discuss ways
SEOUL, Jan. 30 (Yonhap) -- South Korea's top 10 conglomerates by assets take up over half of the country's stock market capitalization, data showed Monday, pointing to their huge clout in Asia's fourth-largest economy.According to the data by corporate tracker Chaebul.com, listed subsidi
Jan. 301954 -- The United Nations Educational, Scientific and Cultural Organization (UNESCO) launches its Korean committee. 1967 -- The Korea Exchange Bank is founded.1974 -- South Korea and Japan sign an agreement on the zoning of their continental shelves.1992 -- North Korea signs the nuclear safe
SEOUL, Jan. 29 (Yonhap) -- The independent probe team that is looking into the influence-peddling and corruption scandal involving President Park Geun-hye and her friend is likely to seek an arrest warrant again for Lee Jae-yong, sources said Sunday.The team, led by Special Counsel Park Young-soo, i
Beijing, Jan. 29 (Yonhap) -- Less Chinese tourists opted for Korea as a travel destination during the long Lunar New Year Holiday this year, Chinese media and travel agencies said Sunday.While as many as six million Chinese have gone or will go overseas during the holiday season from Jan. 27 to Feb.
SEOUL, Jan. 27 (Yonhap) -- Three officials from Seoul-based Ewha Womans University appeared before the independent counsel's office on Friday for allegedly providing favors to the daughter of Choi Soon-sil, the woman who is at the center of a South Korean presidential scandal.Four officials from
SEOUL, Jan. 27 (Yonhap) -- North Korea is currently purging the descendants of prominent guerrillas who fought against Japanese colonialists, a former North Korean embassy minister in London who defected to Seoul last year said Friday.During a meeting with officials from the Presidential Committee f
SEOUL, Jan. 27 (Yonhap) -- South Korea's defense ministry said Friday the pledges made by presidential hopefuls to reduce the mandatory service period in the military and abolishing the conscription system lack viability.As South Korea is still technically at war with the North, all able-bodied
SEOUL, Jan. 17 (Yonhap) -- Finance Minister Yoo Il-ho said Tuesday that the government will double the supply of fresh vegetables and promote discounts of agricultural produce to ease household burdens ahead of the Lunar New Year holiday.During a meeting with the ruling Saenuri Party, Yoo pledged to
SEOUL, Jan. 9 - South Korea's parliamentary committee on the influence-peddling scandal of President Park Geun-hye and her confidante is set to hold its last hearing Monday, Yonhap and other Korean-language news media reported Monday.The committee has been holding a series of sessions to find de
SEOUL, Jan. 4 (Yonhap) -- North Korea has emphasized the need to improve its trade structure by expanding the exports of processed goods and services in an apparent bid to circumvent U.N. sanctions on its mineral resources exports."The export ratio of processed goods, technology and services to tot
SEOUL, Jan .4 (Yonhap) -- Two key witnesses in President Park Geun-hye's impeachment trial have yet to respond to an order to appear before the Constitutional Court, adding uncertainty to the high-profile case, sources said Wednesday.Lee Jae-man and Ahn Bong-geun, two of Park's closest aides
SEOUL, Jan. 4 (Yonhap) -- South Korea's acting president on Wednesday instructed top policymakers to ensure Seoul's efforts to pressure North Korea to denuclearize see tangible results this year, which he said would mark an "inflexion point" in the nuclear conundrum.During the New Year'
The main opposition Minjoo Party leader, Madam Choo Mi-ae, wants President Park Geun-hye to resign by the end of January next year while Kim Moo-sung, leader of the non-mainstream group of the ruling Saenuri Party, says President Park should not be impeached if she decides to step down by the end of
Stemming from the good existing relations between the Sultanate of Oman and South Korea and as part of their endeavors to promote the existing relations of cooperation between them, the 5th session of the Omani-Korean Joint Committee was held on Seoul, Korea in Nov1-4. The Omani side was headed by D
By Ms. Linda YounEditor, Korean-language edition of The Korea PostAmbassador Tomas Husak of the Czech Republic in Seoul said, “We expect that the President of the Czech Republic will visit Korea next year followed by the visit of the Speaker of Czech Senate.” Speaking at a recent interview with The