Supreme Court justice nominee Kim Jae-hyung on Tuesday espoused the National Security Law, alternative services for faith-based draft objectors and the abolition of capital punishment.In his written answers to questions raised by Saenuri Party Rep. Kim Jin-tae, the top court nominee said that the National Security Law has a role to play, particularly at the time of a continuing military standoff between the two Koreas.Kim, currently a professor at Seoul National University's School of Law, noted

Chinese drone manufacturer DJI said Tuesday that it has opened the world's first indoor drone arena in South Korea in a move to target one of the world's fastest growing industries.The 1,395-square-meter arena in Yongin, about 50 kilometers south of Seoul, allows hobbyists and racers to fly unmanned aerial vehicles safely without restrictions.DJI, which claims 70 percent of the global drone market, said the venue aims to target the South Korean market for content provided by the aerial device."W

Major South Korean airlines will not impose any fuel surcharge on international passengers in the upcoming month, the companies said Tuesday.Local industry leader Korean Air Lines Co. and its local rival Asiana Airlines Inc. have not charged any fuel surcharges since September 2015, the longest streak since the surcharge system was introduced in July 2005.Local airlines are allowed to impose a certain amount of fuel surcharges to help cover their costs when the average price of jet fuel from Sin

South Korea's consumer watchdog said Tuesday it has discovered some imported frozen fruit containing a high level of colon bacillus, which could cause diarrhea and other dysenteric symptoms.The Korea Consumer Agency said it has examined the remaining agricultural chemicals from 25 imported frozen fruits and found two of them had colon bacillus beyond the permissible level.Frozen mangos distributed by Sdail contained 15-560 CFU/g of colon bacillus, with its maximum level more than five times the

South Korea's central bank said Tuesday that more than 3 million people are likely to get paid below minimum wage next year.The Bank of Korea said in a report that the number of workers, whose pay is below the minimum wage, could reach 3.13 million people in 2017, up from 2.06 million in 2010.The report also showed that the ratio of workers, who are paid less than the minimum wage, could account for 16.3 percent of total workers next year, compared with 12.4 percent in 2010.The bank said agricul

Doosan Bobcat Inc., a unit of power and construction equipment conglomerate Doosan, has received preliminary approval for its initial public offering planned for this year, the country's main bourse said Tuesday.Doosan Infracore Co. and Doosan Engine own a majority 78.4-percent stake in Doosan Bobcat, which operates 31 subsidiaries in 20 countries. Doosan Bobcat is a leading player in the small construction machinery sector in the United States, according to the Korea Exchange.Doosan Bobcat is e

Morgan Stanley, the lead manager for South Korean private equity firm MBK Partners, has extended the deadline for final bids to sell ING Life Insurance's Korean unit, a source familiar with the matter said Tuesday. The move sparked speculations that the bidding could fall apart again or MBK Partners could withdraw its plan to sell its 100-percent stake in the country's fifth-largest life insurer, with 30.3 trillion won ($26 billion) in assets.Morgan Stanley had planned to conclude the final bidd

The South Korean archery teams made a triumphant return home Tuesday after sweeping the gold medals at the Rio de Janeiro Olympics. South Korea captured all four archery titles -- the individual and team events for men and women -- in Rio, an unprecedented feat in Olympic history. The men's team and the women's team breezed through the competition to win gold medals on the first weekend of the Olympics. Last Thursday, Chang Hye-jin claimed the women's individual gold and on the following day, Ku