South Gyeongsang Province Gov. Kim Kyoung-soo is set to be arraigned by a court Friday over his arrest warrant in a probe into a suspected massive opinion rigging by a political blogger.The Seoul Central District Court will review the special prosecution's request for his writ in a hearing slate

South Korea's chief economic policymaker said Thursday that the government will sharply raise next year's budget spending to strengthen its fiscal role in supporting growth and tackling a spate of chronic problems, such as widening income inequality.At a public finance forum, Finance Ministe

The United States on Wednesday sanctioned Chinese and Russian firms for their alleged role in helping illicit trade with North Korea in violation of international sanctions.The Department of the Treasury announced the designations of a Chinese business, its Singapore-based affiliate, a Russian firm

This year's third summit between the rival Koreas will present new challenges to South Korean President Moon Jae-in as he seeks to break an apparent stalemate in nuclear negotiations between North Korea and the United States, analysts here said Monday. Moon and North Korean leader Kim Jo

South and North Korea are set to hold high-level talks Monday to discuss holding a summit meeting between their leaders aimed at deepening inter-Korean relations.The meeting will be held at the northern side of Panmunjom that separates the two Koreas at about 10 a.m., according to the unification mi

South Korean shares are expected to be locked in a narrow range next week as investors take to the sidelines amid global trade tension worries, analysts said Saturday.The benchmark Korea Composite Stock Price Index (KOSPI) closed at 2,282.79. points on Friday, slightly down from 2,287.68 points a we

South and North Korea have confirmed a list of delegates for high-level talks next week which have been scheduled to discuss preparations for a new meeting between their leaders and review implementation of their previous summit agreements, the unification ministry said Saturday. Unification

South Korea's Defense Minister Song Young-moo has held talks with his Indian counterpart, Nirmala Sitharaman, to discuss ways to expand bilateral ties and collaboration for North Korea's denuclearization, his office said Saturday.During the talks, which took place in India on Friday, they ag

Jin Air Co., the budget affiliate of Korean Air Lines Co., said Friday that its second-quarter net profit fell 88 percent from a year earlier on increased fuel costs and decline in travel demand.Net profit for the three months that ended on June 30 came to 1 billion won (US$886,000), down from 8.1 b

South Korean exporters remain exposed to tariffs and other protectionist moves on their products, such as automobiles and auto parts, in the United States in spite of progress made in bilateral free-trade talks, a former Moody's official said Friday.In a seminar held by the Federation of Korean

South Korea's agriculture minister nominee on Thursday said he will seek ways to foster a value-added agriculture industry and smart farming to attract younger people to rural areas.Lee Gae-ho made the pledge during a parliamentary confirmation hearing after he was tapped as the Minister of Agri

Special investigators questioned South Gyeongsang Province Gov. Kim Kyoung-soo for a second time on Thursday as part of an investigation into an opinion rigging scandal.Kim arrived at the special counsel's office in Gangnam, southern Seoul, at around 9:30 a.m. This is the second interrogation in

South Korea's defense ministry on Wednesday announced a plan to capitalize on big data, 3D printing, drones and other cutting-edge technologies to strengthen the military's logistical support capabilities.The plan is part of the Defense Reform 2.0 initiative aimed at creating a smaller yet s

South Gyeongsang Province Gov. Kim Kyoung-soo returned home early Tuesday after undergoing an 18-hour questioning by special prosecutors over his alleged involvement in a massive rigging of online political comments led by a power blogger.Kim emerged from the special counsel's office at about 3:

The defense ministry launched a team Monday to prepare for the creation of a new command to supplant the scandal-ridden defense intelligence unit, long dogged by allegations of political interference.The launch is in line with President Moon Jae-in's order last Friday to dissolve and reorganize

A top North Korean official on Saturday accused the United States of dragging its feet in building mutual confidence despite their landmark Sentosa summit accord.Speaking at the ASEAN Regional Forum (ARF) in Singapore, Foreign Minister Ri Yong-ho stressed that it's important for both sides to ta

Repeated government efforts to prevent cheap, low-quality package tours to South Korea by Chinese tourists are being questioned again as the number of travelers from the neighboring country increases, industry watchers said Thursday.The tally for June from the Korea Tourism Organization showed the v

South Korean Foreign Minister Kang Kyung-wha will engage in a round of bilateral diplomacy in Singapore involving China, Japan and Russia later Thursday amid annual regional forums organized by the Association of Southeast Asian Nations (ASEAN), her ministry officials said.She plans to hold back-to-

A South Korean medical team flew into in Laos on Sunday to assist with recovery efforts following the deadly flooding that resulted from the collapse of a dam that was under construction by a Korean builder.An emergency relief team composed of 15 medical personnel and five support staff arrived at P

President Moon Jae-in on Saturday eulogized the father of a student activist whose death sparked nationwide pro-democracy protests in the 1980s that led to a direct presidential election.Moon said Park Jung-ki, who died earlier in the day at age 89, had been with people who needed solidarity after h