The financial watchdog said Wednesday it will step up monitoring of sales of some equity derivatives, citing risks of losing capital due to global market volatility.On the back of bullish stock markets at home and abroad, the issuance of equity-linked securities (ELS) products jumped to a record 48.
This comic strip appeared in the popular Korean-language daily, Kyunghyang Shinmun, dated July 10, 2018. It was drawn by Comic Artist Park Sun-chan under the title, Jang Dori, which means a ‘Little Hammer.’ The first section shows stewardesses of Asiana Airlines chanting, “Dear Chairmen!” A
U.S. President Donald Trump said Monday after talks with Russian President Vladimir Putin that he is confident the two sides will work together to end the North Korean nuclear threat.Trump was speaking at a joint press conference with Putin in Helsinki, Finland, following their first summit. The new
South Korea's top economic and monetary policymakers met Monday to discuss an array of economic issues, such as the growing trade tussle between the United States and China and sluggish job creation.The meeting between Finance Minister Kim Dong-yeon and Bank of Korea Gov. Lee Ju-yeol is their se
South Korean President Moon Jae-in on Friday called for sincere efforts on all sides to move the North Korean denuclearization process forward, insisting that its leader Kim Jong-un is determined to turn his country into a normal state."I have met Chairman Kim Jong-un twice so far. Chairman Kim had
The Republic of Korea (ROK) owes greatly to the United Nations Forces, particularly the United States, Colombia and 15 other member countries of the United Nations, who took part in the Korean War (1950-3) fighting on the side of the ROK in defense of her freedom and democracy from the Communist sta
U.S. President Donald Trump on Thursday revealed a letter from North Korean leader Kim Jong-un that expressed hope for further progress in bilateral ties.In a Twitter message, Trump wrote, "A very nice note from Chairman Kim of North Korea. Great progress being made!"Attached were two images of th
The United States will continue to maintain its troops in South Korea despite the recent suspension of their joint military drills with South Korean forces, South Korean president Moon Jae-in said."South Korea and the U.S. maintain a firm stance about the role and importance of U.S. Forces Korea fo
South Korean President Moon Jae-in was set to hold a bilateral summit Thursday with Singaporean Prime Minister Lee Hsien Loong for talks largely expected to focus on ways to improve the countries' economic and trade cooperation and boost their joint efforts to denuclearize North Korea.
U.S. Secretary of State Mike Pompeo has stressed the United States' commitment to resolving the threat of North Korea's nuclear weapons program in a peaceful manner.Pompeo spoke to the issue in a meeting with American troops in Afghanistan Monday, the State Department said in a statement. Th
State prosecutors on Tuesday unveiled a former Samsung executive's confession that the company paid U.S. litigation fees for a firm linked to former President Lee Myung-bak, hoping for a presidential pardon for its chief convicted on tax evasion in return.State prosecutors revealed a sworn state
An influential U.S. senator on Sunday accused China of pulling North Korea back from negotiations with the United States in order to gain leverage in a U.S.-China trade dispute.Sen. Lindsey Graham (R-SC), who serves on the Armed Services Committee, was commenting on North Korea's angry reaction
South Korean President Moon Jae-in was set to urge increased cooperation between his country and India in a series of meetings with top Indian officials Monday, along with a rare trip to a production facility of Samsung Electronics Co. in New Delhi, his office Cheong Wa Dae said.Moon was scheduled t
South Korean Foreign Minister Kang Kyung-wha plans to visit Tokyo on Sunday for back-to-back meetings on North Korea with U.S. Secretary of State Mike Pompeo and Japan's top diplomat Taro Kono, her ministry said.Pompeo will debrief Kang and Kono on the results of his face-to-face talks with Kim
U.S. Secretary of State Mike Pompeo said Saturday that progress has been made on North Korea's denuclearization after meeting with a high-ranking North Korean official in Pyongyang.Pompeo landed in Tokyo after completing his two-day trip in North Korea for denuclearization talks. Before flying t
New U.S. Ambassador to South Korea Harry Harris on Saturday expressed his resolve to further cement Washington's alliance with Seoul, casting the security partnership as a "pillar of strength and stability" in the region and beyond.The retired admiral issued a brief public statement after arri
A former senior aide to ousted President Park Geun-hye has been taken into custody on charges of lying about Park's handling of the deadly 2014 sinking of the Sewol ferry, which claimed the lives of more than 300 people.Kim Kyou-hyun, a former career diplomat who served as first deputy chief of
More than seven in 10 South Koreans and two in 10 Japanese think a 2015 bilateral agreement on compensation for the Korean victims of Japan's wartime sexual slavery should be renegotiated, according to a survey released Thursday.The poll was jointly conducted by the Seoul-published Hankook Ilbo
The National Assembly has provided ranking lawmakers with up to 60 million won (US$53,641) every month in the name of "special activity funds," and the money was spent like a salary requiring no proof of usage, a civic group said Thursday.The People's Solidarity for Participatory Democracy (PS
South Korea's current account surplus jumped to an eight-month high in May thanks to a sharp increase in the goods account surplus and stakes in overseas investment, central bank data showed Thursday.The country's current account surplus came to US$8.68 billion in May, up from a surplus of $