People walk on a zebra crossing in front of the buliding of Bank of Korea in Seoul, South Korea, July 14, 2016. REUTERS/Kim Hong-Ji South Korea’s economy is expected to see gradual improvement in coming months thanks to services and domestic consumption, the c... More »
A woman walks past an advertisement promoting an apartment complex which is currently under construction in Yongin, South Korea, August 24, 2016. REUTERS/Kim Hong-Ji In Yongin, a satellite city south of Seoul, orange construction cranes are racing to build gle... More »
By Minwoo Park | SEONGJU, South Korea SEONGJU, South Korea About 900 South Koreans shaved their heads on Monday to protest against a government decision to place a missile defense system designed to counter North Korean missile threats, in the southeastern cou... More »
SEOUL South Korea’s economic growth was expected to show little improvement over April-June versus the first quarter in sequential terms, a Reuters poll found on Monday, as weak exports and capital investment continue to undermine growth. The economy was expec... More »
SEOUL South Korea announced on Wednesday the site where a U.S. THAAD anti-missile defense unit will be deployed against North Korea’s missile and nuclear threats, a plan that has angered China and prompted a North Korean warning of retaliation. South Korea and... More »
SEOUL South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, said it had chosen a BlackRock Inc unit and Grosvenor Capital Management to manage investments in funds of hedge funds in 2016. NPS, which plans to begin investing in h... More »
SEOUL South Korea may seek a separate free trade deal with Britain in coming years in an effort to minimize the impact of Brexit on the country’s trade with the European Union and Britain, the trade ministry said on Sunday. It added the more lucrative Korea-EU... More »
SEOUL U.S. Treasury Secretary Jack Lew said on Friday China would see “very bad consequences” for its economy and bilateral U.S. relations if it backs away from its stated goals to open its markets and rebalance its economy toward consumer-led growth. Lew, in ... More »
SEOUL South Korea’s finance minister stressed the importance of policy consistency following a parliamentary election that resulted in a defeat for the ruling party, the ministry said in a statement on Monday. “As much as there are concerns from ratings agenci... More »
SEOUL Olympic vault champion Yang Hak-seon, South Korea’s first gold medal winner in gymnastics, looks set to miss out on the chance to defend his title at Rio de Janeiro Games after suffering an Achilles injury. Yang, also vault world champion in 2011 and 201... More »
SEOUL A South Korean court cleared a Japanese journalist on Thursday of defaming the South Korean president in a case that raised new questions about media freedom and had threatened to inflame relations between the uneasy neighbors. Tatsuya Kato, former Seoul... More »
TOKYO Prime Minister Shinzo Abe on Thursday welcomed a South Korean court’s not-guilty ruling on a Japanese journalist, saying it was expected to have a positive effect on relations between the two countries. The South Korean court found a Japanese journalist ... More »
SEOUL The U.S. and South Korean defense chiefs urged North Korea on Monday to immediately cease all activities related to its nuclear program and said they will have no tolerance for any military provocation by Pyongyang. U.S. Defense Secretary Ash Carter and ... More »
SEOUL South Korean President Park Geun-hye and Japanese Prime Minister Shinzo Abe agreed on Monday to try to resolve as soon as possible a row over “comfort women” forced into prostitution in Japanese wartime military brothels, a feud that has been a major obs... More »
SEOUL Japanese Prime Minister Shinzo Abe told South Korea’s president on Monday he wanted cooperation between the two countries and the United States in maintaining an open and peaceful South China Sea, a Japanese government spokesman said. Abe has in the past... More »
SEOUL South Korea’s central bank chief said on Monday economic growth this year will be near the 2.8 percent level the bank had forecast in July. The central bank will revise its forecasts later this month. “Domestic consumption is considered to be in recovery... More »
LONDON Britain’s Tesco (TSCO.L) has agreed to sell its South Korean unit to a group led by private equity firm MBK Partners for $6.1 billion, it said on Monday, in its first major disposal since it hit financial difficulties. Seeking to raise funds to revitali... More »
SEOUL North and South Korea agreed early on Tuesday to end a military standoff that sparked an exchange of artillery fire and had ratcheted up tension on one of the world’s most heavily-fortified borders. Under an accord reached in the early hours, following m... More »
