In what could be a drastic shift from his earlier commitment to standing pat, the head of South Korea's central bank on Wednesday hinted at an easing policy as the trade tension between the United States and China underscores the woes of Asia's fourth-largest economy.Bank of Korea Gov. Lee J
The Korean daily media headlines and humorTuesday, June 11, 2019Round-up of important news from major Korean dailies and from international media todayThe Korea Post media (www.koreapost.com) in English, (www.koreapost.co.kr) in Korean.Ex-President Kim Dae-jung's widow dies at 96Lee Hee-ho, the
Kicking off a round of high-profile summit diplomacy on a regional peace process, South Korean President Moon Jae-in expressed optimism Monday that formal dialogue with North Korea will resume before long.He stressed that dialogue momentum stays alive despite concerns about an apparent impasse in nu
U.S. Secretary of State Mike Pompeo will accompany President Donald Trump on a visit to South Korea late this month, the State Department said Monday.Trump is due to visit Seoul for talks with President Moon Jae-in after attending a Group of 20 summit in Osaka, Japan, on June 28 and 29.The exact dat
Hungarian authorities were set to tie the fourth and last wire rope around the hull of a sunken tour boat Monday, in their final preparations to lift it to search for the missing in last month's disaster that left 26 South Koreans dead or unaccounted for.Hungary's Counter-Terrorism Center wi
Lee Hee-ho, the widow of former President Kim Dae-jung, died Monday at the age of 96, aides said.Lee had been hospitalized at a Seoul hospital while battling liver cancer."First lady Lee passed today at 11:37 p.m.," an official at the Kim Dae Jung Peace Center said.Lee served as chair of the Kim D
10 June 2019, Seoul, Korea--Millennium Seoul Hilton is offering three special room packages during the summer months, perfect for kids on vacation or for adults wanting a refreshing break from Korea’s summer.The summer packages will include a Kids’ Pool Activity package, which includes deluxe accomm
The Korean daily media headlines and humorMonday, June 10, 2019Round-up of important news from major Korean dailies and from international media todayThe Korea Post media (www.koreapost.com) in English, (www.koreapost.co.kr) in Korean.Kim Jong-Un reportedly consulted fortuneteller if Trump will win
Sales of environment-friendly cars in South Korea jumped nearly 28 percent in the first five months of the year compared with a year earlier on the back of strong demand for electric vehicles (EVs), industry data showed Sunday. The number of environment-friendly vehicles, such as hybrid electric, al
SK Engineering & Construction Co., a major builder in South Korea, said Sunday a consortium that it's part of has been named the preferred bidder for a 1 billion-pound (US$1.2 billion) project to build a tunnel across the main river in London. The multinational consortium RiverLinx, comprised of
Chairman Kim Jong-Un of North Korea has reportedly consulted a fortuneteller to learn if President Donald Trump will win the next Presidential election in the United States. This was reported by popular Korean-language daily newspaper, Chosun Ilbo, this morning.Chosun said that an English book by An
President Moon Jae-in will meet with his Finnish counterpart, Sauli Niinisto, today, starting another round of his summit diplomacy to secure international support for the Korea peace process and broaden partnership on Seoul's search for future growth engines.According to Yonhap, President Moon
South Korea advanced to the semifinals of the FIFA U-20 World Cup on Saturday after knocking off Senegal on penalties in a heart-stopping contest.After the teams ended 120 minutes of regulation and extra time knotted at 3-3, South Korea prevailed 3-2 in the penalty shootout in the quarterfinals at B
South Korea's economy is positioned to face heightened downside risks as the trade dispute between the United States and China escalates, hurting global trade and manufacturing activity, a senior presidential secretary said Sunday."I think we cannot rule out the possibility of the downside risk
South Korean President Moon Jae-in will embark on a weeklong trip to Finland, Norway and Sweden, where he will seek to deepen partnerships on peace, innovative and inclusive growth, on Sunday afternoon.Moon's aides said that the three countries are South Korea's important partners in efforts
SK Group, South Korea's third-largest conglomerate, said Sunday it will provide US$30 million to support the building of Vietnam's tech innovation center.SK Group Chairman Chey Tae-won reached a funding agreement with Vietnamese Prime Minister Nguyen Xuan Phuc during his three-day visit to t
The outgoing deputy commander of the United Nations Command (UNC) received an honorary Korean name from a pro-alliance group here in recognition of his dedicated service, the command has said.Lt. Gen. Wayne Eyre was given the Korean name "Ye Young-soo" from the Republic of Korea-U.S. Alliance Frie
Samsung Heavy Industries Co., a major shipyard in South Korea, said Friday it has clinched a 450 billion-won (US$381 million) order to build two liquefied natural gas (LNG) carriers.Under the deal with a Bermudan customer, Samsung Heavy said it will deliver the vessel by June 2022, the company said
The chief of major South Korean mobile carrier KT Corp. invited global government and business leaders to utilize the firm's advanced fifth-generation (5G) network technology to bring innovative changes in different industries, the company said Thursday."Korea is the perfect test-bed for 5G dev
Not only are diamonds loved by many women because of a famous marketing slogan that says "a diamond is forever," they are also favored by skilled workers for their exceptional wear resistance in cutting, grinding and drilling.While natural diamonds are dug deep out the ground before being transfor