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Ancient Buddhist statue found in Buyeo

A gilt-bronze Buddhist statue believed to date back to the mid-6th century has been discovered in the ancient tourist ci …

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Korean society will become an even stronger democracy: Acting Culture Minister

Acting Minister and 1st Vice Minister of Culture, Sports and Tourism Song Sookeun sent a letter to foreign journalists and broadcasters on March 11, after the Constitutional Court of Korea upheld a de …

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(LEAD) Rival protests highlight deepening division over Park ouster

(ATTN: ADDS more info in paras 6, 8) SEOUL, March 11 (Yonhap) — Hundreds of thousands of South Koreans took to the streets in Seoul on Saturday in rival rallies which exposed a sharply divided nation over the ouster of President Park Geun-hye. …

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Korea celebrates Park's ouster

A day after the court ruled to remove President Park Geun-hye from office, hundreds of thousands of South Koreans gather …

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Today's Photo: March 11, 2017

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86% of South Koreans in favour of Park Geun-hye’s impeachment

Eight of ten South Koreans favorably view the Constitutional Court’s Mar. 10 ruling removing Park Geun-hye from the presidency, survey results show. A survey of 1,008 adults aged 19 and over conducte.. …

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[Market Insight] Prostar Likely Winner for Kyungnam Energy Deal

Prostar Capital, an Australia-based private equity firm, will likely acquire Kyungnam Energy, a city gas supplier in South Gyeongsang Province. This is the first time for the infrastructure fund reportedly controlled by Korea’s SK Group to purchase a domestic firm. According to investment banking industry sources on March 10, JPMorgan, lead manager to the Kyungnam Energy deal, is expected to select Prostar as the preferred bidder on the same day. The stakes for sale include the 58.73-percent … …

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38 North: N. Korea Likely Preparing for Largest Ever Nuke Test

[International] : The U.S.-based North Korea monitoring Web site 38 North said Friday that Pyongyang is likely preparing for its sixth nuclear test with significantly higher yields. [more…] …

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[Photo News] Pro-Park rally calls for verdict reversal

Thousands of supporters of former President Park Geun-hye staged a rally in central Seoul on Saturday, calling for a rev …

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(LEAD) Pro-Park protesters clash with police amid growing tensions over Park's ouster

(ATTN: ADDS more info in paras 6-8) SEOUL, March 11 (Yonhap) — Increasingly violent protesters in support of ousted President Park Geun-hye clashed with police Saturday amid tensions over the Constitutional Court’s historic ruling to uphold her impea …

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'We will soon emerge from our current crisis'

Acting President and Prime Minister Hwang Kyo-ahn addressed the nation on March 10 after the Constitutional Court of Korea upheld a decision to impeach former President Park Geun-hye. “As ou …

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Hanwha Joins Hands with Total to Acquire Jurong Aromatics

Hanwha Group joined hands with France’s Total to acquire Singapore’s chemical joint venture Jurong Aromatics Corp. If this attempt to acquire Jurong Aromatics ends up in a success, Hanwha could make bigger forays into Asia and Europe by using Singapore as its base. In addition to Hanwha Group, a string of major chemical companies in and outside Korea, including Lotte, declared their entry into the race to acquire Jurong. According to industry sources on March 9, Hanwha Group … …

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Most Workers Happy to Switch to Employer's Competitor

About half the people who change jobs go to work for a competitor of their previous employer’s, an online poll suggests.Employment portal Job Korea recently polled 926 workers and found that 47.8 percent of those who had changed jobs moved to rival companies. Some 40.2 percent said they were offered… …

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Acting President Calls on Public to Gather Wisdom, Strength

[Politics] : Acting President and Prime Minister Hwang Kyo-ahn publicly called on all South Koreans to respect the court decision, and to gather wisdom and strength.[more…] …

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86% of public approves of Park’s impeachment

Responding to the Constitutional Court’s decision to remove Park Geun-hye from power, 86 percent of people here approve …

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(4th LD) Two die as pro-Park protest turns violent

(ATTN: UPDATES with more details in paras 4, 13) SEOUL, March 10 (Yonhap) — Two people died Friday from injuries they presumably sustained during a violent street rally in central Seoul in protest of the Constitutional Court’s decision to dismiss Pa …

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[Correspondent’s column] The ghastly specter of a preemptive military strike on North Korea

For more than two months, and for as long as half a year, the specter of a military attack on North Korea has loomed over the Korean Peninsula. Fortunately, several reports have said that the administ.. …

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President Park Goes Home without Completing Her Term...Impeachment Motion Approved Unanimously

Korea’s Constitutional Court has finally handed over the verdict of approving the impeachment motion against President Park Geun-hye. In a 22-minute statement, Lee Jung-mi, acting chief Justice of the court, found the President’s negligence in the handling of the Sewol ferry boat sinking incident may be reproachable morally but it was not within the scope of the constitutional court to impeach her. As for the accusations brought to the President in relation to her secret confidant Choi Soon… …

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Korea raises cyberattack alert level

South Korea said Thursday that it raised the alert level against cyberattacks by one notch in a bid to better fend off a …

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Assange Accuses CIA of 'Devastating Incompetence' Over Leaks

WikiLeaks founder Julian Assange accused the U.S. Central Intelligence Agency of “devastating incompetence” Thursday after his organization was able to obtain and publish documents related to CIA hacking programs. “This is a historic act of devastating incompetence, to have created such an arsenal a… …

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