SEOUL, (Yonhap) -- South Korea's consumer confidence declined in June from the previous month on concerns that rising inflation and growing household debt could crimp consumer spending, the central bank said Friday.The consumer sentiment index (CSI) -- a gauge of consumers' overall economic outlook, living conditions and future spending -- stood at 102 for June, down from 104 for May, the Bank of

WASHINGTON, (Yonhap) -- U.S. President Barack Obama issued a public notice Thursday to extend the national emergency in relation to North Korea that provides a legal and administrative basis for sanctions against the nuclear-armed communist nation.On the basis of the national emergency declared in 2008 under the National Emergencies Act, the Obama administration slapped tougher sanctions on Pyongy

TOKYO/MOSCOW, (Yonhap) -- Russian President Dmitry Medvedev and North Korean leader Kim Jong-il are planning to hold their first meeting later this month or early next month in the Russian Far East, news reports claimed late Thursday.Citing local officials and Russian public security officials, Kyodo News reported that the two countries are considering having a summit around next Thursday on the o

SEOUL, June 23 (Yonhap) -- A key South Korean presidential aide on national security is visiting the United States for possible talks on inter-Korean relations and the ratification of a free trade agreement between Seoul and Washington, a source said Thursday.Kim Tae-hyo, a senior secretary to President Lee Myung-bak for national security strategy, left for the U.S. on Wednesday, the source added,

CHUNCHEON, South Korea, June 23 (Yonhap) -- Police said Thursday that they have cleared a marathon coach and his athletes of doping allegations, wrapping up their probe two months before South Korea hosts the world athletic championships.The Gangwon Provincial Police Agency said it has examined records from a rehabilitation hospital where 19 athletes were treated, and found no evidence that they h

SEOUL, June 23 (Yonhap) -- A Seoul court ordered compensation for the families of two young Samsung Electronics employees who died of leukemia, recognizing for the first time a link between leukemia and working in a computer chip-making line.The Seoul Administrative Court ruled in favor of the families, who requested the court annul the Korea Workers' Compensation & Welfare Services' 2009 decision

SEOUL, June 23 (Yonhap) -- The National Assembly on Thursday passed a package of safeguard bills aimed at protecting local industries from cheap imports after a free trade deal with the European Union (EU) takes effect in July. The free trade pact, approved by the parliament in April, will eliminate 98 percent of import duties and other trade barriers in manufactured goods, agricultural products a

The main opposition Democratic Party renewed its pledge to veto the KBS subscription fee rise unless the public broadcaster moves to maintain political neutrality.“Only when KBS proves the legitimacy of the fee hike and shows efforts to renew itself will we examine the necessity to raise the fee,” said a party spokesperson after the DP Supreme Council meeting. The remarks overturned the party floo

South Korea said Thursday it is working on establishing a state-run open source-based center to consolidate scattered information on its reclusive northern rival. The purported center, which will be fully open to government officials as well as the general public here, will gather and organize information that has already been made public by the media and international agencies, an official at the