A United Nations agency responsible for information and communication technologies could urge North Korea to stop its run of cyber attacks on South Korea, a U.S. report said Thursday.   In an interview with Radio Free Asia (RFA), Sanjay Acharya, spokesman for the International Telecommunication Union (ITU), said the board of directors at the Geneva-based agency could press North Korea since it is

Finance ministers of Asian countries agreed Wednesday to intensify their cooperation in staving off Asia-wide financial turmoil by taking preemptive crisis prevention measures, Seoul officials said.The agreement, which was made during a meeting in Hanoi, Vietnam, focuses on strengthening the role of a regional financial safety net under the Chiang Mai Initiative Multilateralization (CMIM), the Min

The Financial Supervisory Service on Wednesday decided to ban its staffers from taking senior posts at financial companies right after their retirement as a way to prevent corruption. The decision came as part of its sweeping reform measures following several incumbent FSS staffers’ wrongdoings.In its statement, the regulatory body said it would ban the habitual practice under which incumbent and

Yet another industrial giant has decided to join the growing number of companies to create a smoke-free working environment.On Wednesday, SK Group, a local energy and telecom giant, said it informed workers that it is to completely ban smoking from its headquarters starting next week. The ban will be effective from Monday in all 35 stories of the SK building in downtown Seoul, which serves as home

One out of four workers prefers doing something more productive during lunch time than just eating, according to a survey.In a research conducted by Saramin, an online recruitment website in Korea, about quarter of participants said they were “lunch tourists.” The term refers to those who spend lunch break just for themselves, rather than having a long meal or interacting with colleagues.Out of th

 WASHINGTON (Yonhap) -- Hyundai Motor America announced all-time record April sales on Tuesday as the world's biggest economy continues to stabilize after the worst recession in decades.   HMA sold 61,754 units, up 40 percent from a year earlier. The figure for the first four months of this year is 204,374 vehicles, up 31 percent from 155,532 during the same period last year.   Hyundai's sister co

Foreign ownership of South Korean stocks exceeded the 400 trillion won ($374 billion) mark for the first time ever in April on their brisk buying spurred by strong corporate earnings, the financial regulator said Wednesday.   Foreign investors' holdings of local shares amounted to 412.51 trillion won as of the end of April, or 30.8 percent of the total market cap, according to the monthly report b

An official of South Korea's financial regulator apparently jumped to his death on Tuesday, but the incident does not appear to be related to a scandal involving a local savings bank, police and the Financial Supervisory Service said, according to Yonhap News.  The official, identified only by his surname Kim, was bleeding when he was found by a security guard at the entrance of an apartment on Tu