A separatist leader in eastern Ukraine says rebels have recovered the black boxes for the downed Malaysia Airlines Flight 17 and are willing to hand them over to international investigators.Alexander Borodai, prime minister of the self-proclaimed Donetsk People's Republic, said Sunday that the devices would be handed over to the International Civil Aviation Organization.Borodai also said bodies which have been removed from the crash site would remain in refrigerated containers at a train station

International July 20, 2014

North Korea's new top diplomat is likely to attend a major regional conference scheduled for early August in Myanmar, a diplomatic source in Seoul said Sunday, raising speculation of possible inter-Korean contact. Foreign Minister Ri Su-yong, who assumed his post in April, is fine-tuning the details of his attendance at the ASEAN Regional Forum, which will be held in Myanmar's capital of Naypyidaw on Aug. 9-10, as well as for a visit afterwards to Indonesia, according to the source. Ri may also

North Korea July 20, 2014

Uruguay coach Oscar Tabarez quit FIFA's strategic committee on Friday in protest at the ban football's governing body imposed on his team's star striker Luis Suarez for biting an Italian player.He accused FIFA of an indiscriminate use of power by imposing an “excessive” punishment on Suarez. FIFA had made a “scapegoat” of Suarez and had “punished him with excessive severity” but the forward will have the full support of the Uruguayan football authorities, Tabarez told reporters on Friday.Tabarez

Soccer June 28, 2014

More than 1,200 Chinese workers who had been trapped in the embattled northern Iraqi city of Samarra have been evacuated to Baghdad, according to Chinese state media.The official Xinhua news agency says the Chinese arrived safely at a Baghdad hotel, with the Iraqi military providing security.The report said that China Machinery Engineering Corporation employed the workers at a power plant construction site in Samarra, near where security forces are battling militants from the Islamic State of Ir

International June 28, 2014

Six subsidiaries of STX Dalian Group, STX Corp.'s China unit, have filed for bankruptcy court protection in the country's northeastern Liaoning province as they struggle with mounting debts, China's state-run media reported Saturday. The filing to seek "bankruptcy reorganization proceedings" by the six affiliates of STX Dalian, including STX (Dalian) Shipbuilding Co. and STX (Dalian) Engine Co., was made with the Dalian Intermediate People's Court on Thursday, the China Daily reported. Creditors

Industry June 28, 2014

A group of U.S. lawmakers on Friday protested Japan's review of a 1993 apology for its sexual enslavement of Korean women during World War II, saying it is "unacceptable" for Tokyo to suggest it remains unconfirmed the victims were coerced.The 18 House of Representatives members, led by Rep. Mike Honda, also said in a jointly signed letter to the Japanese ambassador to Washington, Kenichiro Sasae, that they found the timing and the release of the contents of the report both "regrettable and unfo

International June 28, 2014

The South Korean government is reviewing whether to evacuate Korean residents in Iraq on concerns that escalating violence in the country may be prolonged, an official said Monday.Sunni Muslim insurgents from the Islamic State of Iraq and the Levant seized Iraq's second-biggest city Mosul last week, raising prospects of civil war.A Seoul government official said that as the Iraq government forces' counterattack seems to have slowed ISIL's progress, it is possible the violence will be prolonged.A

Social Affairs June 16, 2014

Samsung Electronics chairman Lee Kun-hee, being treated in hospital after a heart attack over the past two weeks, has regained consciousness, the company said Sunday.Lee, 72, was operated at Samsung Medical Center in southern Seoul on May 11 after a heart attack.He was transferred to VIP hospital room on May 19 from an intensive care unit at the hospital, according to the hospital. “Lee was transferred to the ordinary ward and has recovered from an unconscious state. His response to diverse stim

Industry May 25, 2014

Samsung Electronics chairman Lee Kun-hee, being treated in hospital after a heart attack over the past two weeks, has regained consciousness, the company said Sunday.Lee, 72, was operated on at Samsung Medical Center in southern Seoul on May 11 after a heart attack.He was transferred to VIP hospital room on May 19 from an intensive care unit at the hospital, according to the hospital.“Lee was transferred to the ordinary ward and has recovered from an unconscious state. His response to diverse st

Industry May 25, 2014

Samsung Fine Chemicals to buy into U.S. chip materials firm Samsung Fine Chemicals Co., a chemical unit of South Korea's top conglomerate Samsung Group, saidThursday it will buy shares in a new U.S. chip materials company that will be listed on the U.S. tech-heavy NASDAQ.   Samsung Fine Chemicals said it will spend US$100 million in cash to buy the new shares of SSL, which was spun off U.S. solar energy firm SunEdison.   The chemical firm and SunEdison are partners in a 50-50 joint venture SMP.

Industry March 20, 2014

중앙은행인 한국은행 부채가 가파르게 증가하고 있다. 반면 순익은 6년 만에 가장 낮은 것으로 조사됐다. 20일 한은 통계에 따르면 지난해 말 한은의 부채는 448조3993억원으로 1년 전 보다 13조(약 3.1%) 가량 늘었고, 5년 전인 2008년과 비교했을 때는 140조9천억(약 45.8) 가량 증가한 수치다. 한편 한은의 지난해 순이익은 2조669억 원으로 전년(3조8854억원)보다 46.8% 감소했다. 2007년 4447억원의 순손실을 기록한 이래 가장 부진한 실적이다.한은은 지난해 순이익이 큰 폭으로 감소한 것은 외환보유액 운용수익이 미진한 탓으로 분석하고 있다. 하지만 이미 지난해 공공부문과 가계부채가 각각 사상 최대치를 기록한 상황 속에서 한은의 지속적인 부채상승은 화폐가치나, 물가상승에도 영향을 미칠 수 있어 우려를 낳고 있다지난해 말 현재 한은의 부채를 유형별로 보면 통화량을 흡수하기 위해 발행한 통안증권(163조6541억원), 금융사에서 받아둔 예금(129조8842

한국어판 March 20, 2014

 North Korea's two major universities, Kimilsung University and Kimchaek University, were found to have inscribed their names in English on their emblems, pro-North Korean media in Japan reported Saturday.   According to the Choson Sinbo, the North's most prestigious university, named after its founder Kim Il-sung, inscribed the school's name in English on its emblem, an uncommon practice in the reclusive socialist country.   The circular mark also includes illustrations of the university on a g

North Korea March 8, 2014

North Korea on Saturday lashed out at U.S. Secretary of State John Kerry for his remarks on MSNBC last month, according to its state media.   "North Korea is one of the most closed and cruel places on earth," Kerry said on Feb. 26 in an interview with the U.S. television broadcaster, adding that "there's evil that is taking place there."   The Rodong Sinmun, the mouthpiece of the Workers' Party of Korea, said that "his remarks are too lowbrow to be considered as those of a person fancying himsel

North Korea March 8, 2014