South Korean President Park Geun-hye on Monday called on a Japanese business delegation to deepen and diversify bilateral economic ties, noting industrial cooperation has created a "synergic effect" for both sides.   During her talks with the 18-member delegation of the Japanese Business Federation, also known as Keidanren, Park said that the two nations need to expand the scope of their business cooperation into new areas, such as games, cultural content, medicine and health care.   She also po

Foreign Affairs Oct. 10, 2016

    Prime Minister Hwang Kyo-ahn said Monday North Korea must end its development of nukes and missiles that pose threats to international peace, adding South Korea will join forces with other countries to induce Pyongyang to end such provocations.    He made the call in Thailand at the gathering of the Asia Cooperation Dialogue (ACD), a 34-member body created in June 2002 to promote Asian exchanges. Hwang also said Pyongyang must instead put more effort into improving the livelihood of North Ko

Foreign Affairs Oct. 10, 2016

    The United Nations Security Council is working to draw up a fresh resolution "as quickly as possible" to penalize North Korea for its latest nuclear detonation test, but it will not sacrifice substance to rush a decision, Washington's envoy to the U.N. said Monday.   Amb. Samantha Power made the remark in a meeting with a group of reporters after having talks with South Korean Foreign Minister Yun Byung-se on the North Korea issue. She came to Seoul on Saturday for a four-day stay after trav

Foreign Affairs Oct. 10, 2016

South Korea and China will discuss the possibility of stationing Chinese police officials on its southern island of Jeju if the relevant authorities here consider it necessary, Seoul's foreign ministry said Thursday.The idea was raised by a South Korean opposition lawmaker earlier this week amid an increase in crimes by Chinese tourists on the popular resort island."The issue of stationing Chinese police (on Jeju) will be actively discussed with China after talks with our relevant departments, i

Social Affairs Sept. 29, 2016

Three Chinese fishermen were killed Thursday after a fire broke out on their boat during an inspection by the Korean coast guard, officials said.The 102-ton Chinese vessel "S" was sailing in South Korean waters about 70 kilometers southwest of Hong Island near the southwestern city of Mokpo at 9:45 a.m. when coast guard officers ordered it to stop.Illegal fishing by Chinese fishermen in South Korean waters has been a constant source of trouble between the two countries, sometimes leading to viol

Social Affairs Sept. 29, 2016

The US economy expanded at a slightly faster pace in the spring than previously reported, aided by new-found strength in business construction.The Commerce Department said Thursday the gross domestic product, the broadest measure of the economy, expanded at an annual pace of 1.4 percent in the April-June quarter. That is up from a previous estimate of 1.1 percent growth. Much of the upward revision reflected an increase in spending on structures such as office buildings.The modest second quarter

World Business Sept. 29, 2016

South Korea's military said Wednesday that it sent reinforcement troops to western border islands near the tense sea border with North Korea in a drill aimed at countering Pyongyang's relentless provocations.    The regular exercise has been held since 2011, a year after North Korea sank a South Korean warship that resulted in the deaths of 46 sailors.   The Navy and the Marine Corps' quick maneuver force of 4,000 troops took part in the drill, being sent to the border islands on Air Force C-130

National Sept. 21, 2016

Four people were killed Saturday after a fire broke out at a construction site in the western city of Gimpo, rescue workers said.The fire broke out at about 1:30 p.m. at the construction site of a residential building here, according to officials from the Gimpo fire station.What exactly started the fire will be determined through a later investigation, but the officials believe exposed insulation may have caught sparks from a welder as workers at the construction site have said they were welding

Social Affairs Sept. 10, 2016