South Korea's top financial regulator said Sunday it will step up monitoring and carry out probes into money laundering, unauthorized financing and other illicit transactions of digital currencies.Joining Japan, China and other Asian nations in trying to regulate crypto-currencies, the Financial

South Korea's current account deficit in air transport reached a record high in the first six months of the year due mainly to a sharp drop in Chinese tourists stemming from the ongoing diplomatic spat over the deployment of a U.S. missile defense system, central bank data showed Sunday.

A magnitude 5.6 earthquake was detected around North Korea's nuclear test site Sunday, South Korea's military said, in an indication of a possible nuclear test.An artificial quake wave was detected around the Punggye-ri site in the North Hamgyeong Province, according to the Joint Chiefs of S

U.S. President Donald Trump and Japanese Prime Minister Shinzo Abe agreed to step up pressure on North Korea and maintain a close coordination in telephone talks Sunday. "We completely agreed that we must thoroughly coordinate with each other and with South Korea, and cooperate closely with

Hyundai Motor Co., South Korea's biggest carmaker by sales, said Sunday it will launch its luxury G70 midsize sedan this month in a move to strengthen its independent Genesis lineup.The company expects the addition of the G70 to the Genesis brand will help it establish a stronger presence in the

North Korea said Saturday that any South Korean and United States attempt to locate its mobile missile launchers would be futile, issuing sarcastic remarks on a recent South Korean military drill to detect and destroy the North's transporter-erector-launcher (TEL).The South Korean Navy's spe

U.S. President Donald Trump said Saturday he would meet with his advisers next week to weigh a possible withdrawal from the U.S. free trade agreement with South Korea.Trump made the remark to journalists during a trip to hurricane-hit Houston, Reuters said, shortly after the move was reported by the

North Korea set a goal early this year of increasing its oil reserves to 1 million tons in anticipation of additional international sanctions, a Japanese newspaper reported Saturday, citing a Pyongyang source.The Tokyo Shimbun said North Korean leader Kim Jong-un reached the decision to secure a 1 m

The main opposition Liberty Korea Party (LKP) said Saturday that it will boycott the ongoing regular session of the National Assembly in opposition to what it claimed is a government attempt to control state-run media.The decision was made at an emergency meeting of party lawmakers.The former ruling

Nine out of 10 malaria infections in South Korea occur in border areas with North Korea, a member of a provincial government disease control body said Saturday.Officials at the government of Gyeonggi Province that surrounds Seoul said Saturday that a college professor belonging to the province's

A Seoul court issued a warrant to detain the chief of public broadcaster MBC for a week for an investigation into alleged unfair labor practices, prosecutors said Friday.Kim Jang-kyom, the company's embattled CEO and president, has refused several times to answer the summons by the Seoul regiona

North Korean leader Kim Jong-un hosted a photo event in Pyongyang for a group of the country's youth troops, its state media reported Saturday amid keen global attention on the possibility of additional provocations by his regime.Kim took photos with participants in the fourth conference of "ac

South Korean firms, led by LG Chem Ltd., are in a rush to tap into the electricity vehicle (EV) battery market, which is poised to further expand down the road, industry sources said Saturday.LG Chem, a major chemicals and battery firm under the LG Group, announced early this week that it has decide

The leaders of South Korea and the United States have agreed to enhance Seoul's deterrence against North Korea by increasing its missile capabilities, but also reaffirmed the need to bring the communist state back to the dialogue table, Seoul's presidential office, Cheong Wa Dae, said Saturd

The Government of Costa Rica strongly condemned the launching of missiles by the Democratic People's Republic of (North) Korea.Loyal to its tradition of peace and strict conviction that dialogue is the only tool for the peaceful resolution of conflicts, Costa Rica expresses its support to the po

Ambassador Christián Guillermet Fernández, Director General of Foreign Policy at Costa Rica’s Ministry of Foreign Affairs and Worship, along with representatives of the Embassy of Costa Rica in Korea, participated in the 2017 FEALAC´s Working Group Meetings and Senior Officials&#

The Minister of Foreign Affairs of Costa Rica, Manuel A. González Sanz, and the Korean Minister of Foreign Affairs, Kang Kyung-wha, met bilaterally on August 30th in the framework of the 8th FEALAC Ministerial Meeting held in Busan, Republic of Korea.The meeting allowed both nations to reaffi

The Korean daily media headlines and humorFriday, September 01, 2017 Your Excellency: Here are The Korea Post notices and a roundup of important headlines from all major Korean-language dailies, TV and other news media of Korea today: Very Respectfully Yours /s/ Lee Kyung-sikPublisher-ChairmanKorea

The following article was contributed by Chargé d'Affaires Taras Fedunkiv of Ukraine in Seoul for publication by The Korea Post media on the occasion of the 26th anniversary of independence of Ukraine.—Ed. On August 24, Ukrainian nation celebrates its most important n

South Korean President Moon Jae-in on Thursday vowed to greatly enhance his country's cooperation and exchanges with Latin American countries, stressing the need for the countries to work together to address various regional and global issues, such as climate change and the fourth-industrial rev