South Korea will put some of its "strategic" weapons on display during the Armed Forces Day event late this month in a show of firepower against North Korea, the Ministry of National Defense said Thursday.The anniversary falls on Oct. 1 to commemorate the service of the country's former and current troops. On the day in 1950, the South's forces broke through the 38th parallel border line during the war against the invading North.This year, the government's official ceremony will be held on Sept.

South Korea's top mobile messenger operator Kakao Corp. said Thursday it has partnered with tech giant Samsung Electronics Co. in the artificial intelligence sector to tap deeper into the burgeoning industry.Kakao I, the company's AI platform, will be integrated with Samsung's voice recognition program, Bixby, to allow more users to better experience the technology, Kakao said. "The cooperation with Samsung Electronics shows that Kakao's service has a competitive edge and the potential growth of

South Korea has decided to impose anti-dumping duties on ferroalloy imported from Vietnam, India and Ukraine, the trade commission here said Thursday.The Korea Trade Commission said it made the final decision to levy punitive duties of 4.06-19.06 percent on ferro-silico-manganese imported from the three countries for the next five years, for underselling their products here and causing damage to the local industry.Currently, a preliminary tariff of 6.08-32.32 percent has been imposed on the prod

Seoul prosecutors said Thursday they have launched an investigation into allegations that the National Intelligence Service under the former conservative Lee Myung-bak administration compiled a blacklist of artists and cultural figures unfriendly to the government and gave or attempted to give them various disadvantages.The Seoul Central District Prosecutors' Office said it has been asked by an NIS internal reform task force to look into suspicions that two top ex-NIS officials are involved in t

South Korea’s pro soccer league office on Thursday said it has filed an appeal against a mediation order from a local court that recommended amending last year’s promotion playoff result. 　The K League said it filed an appeal with the Seoul Central District Court to challenge its mediation committee’s order that the second leg of the promotion playoff match between Seongnam FC and Gangwon FC on Nov. 20, 2016, should be forfeited. The mediators said Seongnam should have been awarded a 3-0 win sin

Kumho Asiana Group said Thursday it will give up the management rights of its tire unit if the airline-to-construction conglomerate fails to restructure the financially troubled unit by March. The group said in a statement that it will also give up its right to buy back Kumho Tire Co. from a third party.The announcement comes after Kumho Tire's creditors raised a question about the "details-deficient" self-rescue plan submitted Tuesday by the tiremaker to its creditors, who are led by the state-

South Korean stocks traded mildly higher late Thursday morning as individual investors scooped up large-cap tech shares, tracking overnight gains on Wall Street.The benchmark Korea Composite Stock Price Index inched up 0.71 point, or 0.03 percent, to 2,360.89 as of 11:20 a.m.On Wednesday (local time), US stocks closed at fresh record highs, with the S&P 500 inching up 0.1 percent and the Dow gaining 0.2 percent. Most large caps traded mixed, with market kingpin Samsung Electronics addin

Daejeon Mayor Kwon Sun-taik said Thursday his city will enhance cooperation with major cities in the Asia-Pacific region to promote development in the region.Kwon made the remarks in a speech at the closing ceremony of the four-day 2017 Asia Pacific Cities Summit and Mayors' Forum at the Daejeon Convention Center here. Daejeon is the host city of the event."The city of Daejeon will bear the pride and sense of duty as the host city of the 2017 Asia Pacific Cities Summit and Mayors' Forum, and act

A far smaller number of North Korean ships were recently found at foreign ports, especially in China, due apparently to ongoing UN sanctions on Pyongyang's missile and nuclear programs, a US broadcaster reported Thursday. According to data from the Asia-Pacific Port State Control, the number of North Korean vessels, which underwent PSC inspections last month, stood at 17, a sharp drop from 33 in the same month last year, Voice of America said. Of the 17, 10 were at Russian ports and seven at Chi

The first PGA Tour event in South Korea will feature top class local golfers, including veteran Choi Kyoung-ju, organizers here said Thursday. CJ Group announced that Choi, who has won eight times on the PGA Tour, will compete at the CJ Cup @ Nine Bridges, which will be played from Oct. 19-22 at the Club at Nine Bridges on Jeju Island. The 47-year-old, better known as K.J. Choi, will be joined by two-time PGA Tour winner Bae Sang-moon, who was recently discharged from his military service, and A

South Korea said Thursday that it is considering providing $8 million in aid to North Korea via international organizations as it seeks to spur inter-Korean exchanges regardless of political considerations.The government plans to hold a meeting on inter-Korean cooperation next Thursday to finalize whether to offer humanitarian assistance to those who are vulnerable in North Korea, according to Seoul's unification ministry.Seoul suspended its aid to North Korea through UN agencies after the North

Tensions over a raft of provocations by North Korea are not high enough to adjust ratings on South Korea, a senior official of the global rating agency Standard & Poor's said Thursday."As long as there is no actual war outbreak, I think the impact is relatively limited, and that's why we don't change our outlook on the rating of South Korea," Kim Eng Tan, senior director of Asia-Pacific sovereign ratings at S&P, said in a brief interview with Yonhap News Agency.Last month, S&am

Kuwait has submitted its plans on how to carry out the UN Security Council's sanctions adopted last month against North Korea, a UN website showed Thursday.Kuwait is the first UN member state that has submitted its implementation report on Resolution 2371 to the council. It was turned in together with plans relating to seven other previous resolutions, according to the website for the UNSC's committee on North Korea sanctions.The content of the report has yet to be disclosed. (Yonhap)On Aug. 5,

Young people in their 20s and 30s here have been buying fewer cars in recent years as they have difficulty finding jobs and car-sharing services here are more appealing to them, industry data showed Thursday.Those in their 30s bought a total of 144,360 vehicles in the first six months this year, down 11.1 percent from 162,422 a year earlier, according to the statistics by the Korea Automobile Manufacturers Association. The figure accounts for 18.2 percent of 793,987 units, the total newly regist

South Korea's Navy said Thursday it will hold a ceremony this week to commemorate the historic Incheon landing operation during the 1950-53 Korean War.But it has decided to skip a reenactment of the operation in consideration of heightened military tensions as a result of North Korea's recent provocative acts.The three-day event will open Friday in the Wolmido district in Incheon, just west of Seoul, with representatives laying flowers in front of the statute of Gen. Douglas MacArthur, the comma