South Korea's left-wing minor party opened a critical meeting Saturday to tackle a scandal and internal feud triggered by allegations of wide-scale election fraud in the selection of proportional candidates in last month's parliamentary race.The central committee, the highest decision-making body in the Unified Progressive Party (UPP), has been tasked with handling critical issues like demands by

WASHINGTON (Yonhap News) – A U.S. congressional committee is pressuring the Obama administration to redeploy tactical nuclear weapons on the Korean Peninsula.The House Armed Services Committee, dominated by Republicans, approved an amendment to the fiscal 2013 national defense authorization bill Thursday that calls for the re-introduction of the sensitive weapons to South Korea, according to Forei

South Korean President Lee Myung-bak hosted a luncheon for Denmark's crown prince couple Friday and the two sides discussed bilateral relations and other issues of mutual interest, the presidential office said.Crown Prince Frederik and Crown Princess Mary arrived Thursday for a six-day official visit that includes attending an international conference on green growth, the opening ceremony of the W

A judge issued an arrest warrant for a Chinese man Tuesday on charges of throwing firebombs at the Japanese Embassy in Seoul.The Seoul Central District Court issued an arrest warrant for the 38-year-old man, surnamed Liu, for allegedly attacking the embassy in Seoul on Jan. 8 in protest of Japan's r

Prosecutors indicted the captain of a Chinese fishing boat with physical detention Tuesday on charges of killing a South Korean law enforcement officer last month during a raid on the vessel for illegally fishing in Korea's exclusive economic zone.The 42-year-old captain, whose identity was withheld

SK Group carried out a reshuffle and promotions on Tuesday that affected about 120 officials at the corporation’s affiliates. Group officials said it minimized the scope of the personnel change to ensure the stability of its organizations.In the top management reshuffle, Sheraton Walkerhill hotel pr

South Korean President Lee Myung-bak named a veteran economic official on budget affairs as the country's vice finance minister on Sunday in a minor reshuffle that also replaced three other vice ministers.Kim Dong-yeon, 55, a senior finance ministry official in charge of budget affairs, was tapped a

North Korea's new leader Kim Jong-un watched a long-range rocket launch in 2009 while being groomed to succeed his father, and threatened retaliation if the country's enemies interfered, footage released Sunday showed.Kim Jong-un, who is believed to be in his late 20s, has been named "supreme leader

 

 

POSCO’s consolidated net profits for the third quarter of the year fell 78.4 percent from a year to 233 billion won ($203 million), the steelmaker said Friday.Over the same period, POSCO’s consolidated sales and operating profits respectively increased by 51.5 percent and 5.2 percent.The company att

President Lee Myung-bak on Friday placed calls to senior representatives of opposition political parties, seeking their cooperation in ratifying South Korea's free trade agreement with the U.S., sources said.They said Lee spoke on the phone with five opposition members: Kim Jin-pyo, floor leader of

HONG KONG (Yonhap News) – South Korea's second-largest lender Shinhan Bank said Friday it has opened its first branch in the western region of China, amid rapid economic growth recently witnessed in China's less developed region.Shinhan Bank said its twelfth Chinese branch opened in Changsha,