Post Tagged with: "Korea News"

(4th LD) Trump stresses alliance with Seoul, N.K. nukes during summit with Xi: Hwang's office

(ATTN: ADDS political parties’ response in last 4 paras) SEOUL, April 8 (Yonhap) — U.S. President Donald Trump stressed the importance of the Seoul-Washington alliance and held in-depth talks over North Korea’s nuclear problems during his summit with …

[Reporter’s notebook] Sports can increase understanding between South and North Korea

“We received a lot of inquiries from North Korean refugees who resettled in the South during the Korean War. They talked about how we need to hurry and organize more reunions for families divided by t.. …

Samsung SDS Steps into "Security Solution" Blockchain Business

The era of blockchain, the state-of-the-art security technology for the Fourth Industrial Revolution, is coming close at hand. Blockchain refers to a security technology that allows one to share transaction data with anyone with a high degree of security. Expectations are high that the application of the technology would greatly expand in the future, including banks that can use it to protect themselves from hacking. Hong Won-pyo, president of Samsung SDS, said in a press meet… …

Park questioned in jail again over corruption scandal

Prosecutors on Saturday grilled former President Park Geun-hye at a detention center again over corruption allegations t …

Ex-UN Chief Leaves for US, Calls for National Unity

[Culture] : Former UN Secretary-General Ban Ki-moon left for the United States on Saturday to lecture as a …[more…] …

U.S. Senate Confirms Trump Supreme Court Pick

The U.S. Senate voted 54-45 Friday to confirm President Donald Trump’s Supreme Court nominee, Neil Gorsuch, in a vote decided largely along party lines.Vice President Mike Pence was present in the Senate chamber to preside over the confirmation vote. The vote came a day after Republicans used their … …

Park questioned in jail again over corruption scandal

SEOUL, April 8 (Yonhap) — Prosecutors on Saturday grilled former President Park Geun-hye at a detention center again over corruption allegations that removed her from office. Prosecutors visited the detention house in Uiwang, south of Seoul, where …

(2nd LD) Trump says 'tremendous progress' made in talks with China's Xi

(ATTN: UPDATES with more full quotes) By Chang Jae-soon WASHINGTON, April 7 (Yonhap) — U.S. President Donald Trump said Friday after summit talks with Chinese President Xi Jinping that “tremendous progress” was made in U.S. relations with China and …

Trump Reiterates US Ready to Act Alone on N. Korea

[International] : U.S. President Donald Trump has made it clear that Washington will deal with North Korea unilaterally if Beijing is lukewarm about reining in the regime’s nuclear program.[more…] …

Mercedes-Benz Maintains Lead in Import Car Market

Mercedes-Benz retained its lead in the imported car market sales for the third-straight month in March.The German luxury carmaker overtook archrival BMW last year by selling 56,343 cars. It generated W3.8 trillion in annual sales here, surpassing even domestic automaker Ssangyong’s W3.6 trillion — … …

Korea offers USD 300,000 to Colombian flood victims

The Korean government has extended humanitarian aid of USD 300,000 to help Colombia recover from heavy rain and landslides that claimed about 300 lives in Mocoa, Putumayo Department, on April 1. (Yonh …

S. Korea calls for regional cooperation to thwart recurrence of N. Korea's terrorist acts

SEOUL, April 7 (Yonhap) — South Korea said Friday that it has called for close cooperation with its regional partners t …

Samsung Likely to Post More Than 12 Tril. Won Operating Profit in 2Q...IBK Investment

Lee Seung-woo, analyst with IBK Investment & Securities, said of Samsung Electronics on April 7, “The company’s excellent first-quarter results were largely due to the high profit earned by its semiconductor unit. Given the semiconductor market will keep growing throughout the year, Samsung’s profit results will continue to be good for the time being.” Samsung said in a regulatory filing on the same day that its first-quarter preliminary operating profit was 9.9 trillion won. This is up 4… …

Comfort woman issue draws outpouring of support from young generation

The funeral home at Severance Hospital in Seoul’s Seodaemun district was the site of a wake on Apr. 5 for the late former comfort woman Lee Soon-deok. The event was quiet early on, but soon a long lin.. …

(LEAD) More transporter vehicles to be deployed to move Sewol ferry on land

(ATTN: ADDS quote, details in last 3 paras) MOKPO, South Korea, April 7 (Yonhap) — More transporter vehicles will be deployed in an effort to move the salvaged Sewol ferry onto land, government officials said Friday. Salvage workers have been t …

US Strike on Syria Sends Message to N. Korea

[Politics] : Anchor: The U.S. military launched dozens of cruise missiles at …[more…] …

Almost 400 daily newspapers in Korea in 2016

The number of daily newspapers in South Korea — national and regional combined — totaled 399 as of the end of last yea …

Newbuilding Prices Continue Downward Trend, Dealing Blow to Korean Shipyards' Profitability

As newbuilding prices worldwide continue to decline, Korea’s major shipyards turned out to have won so many less profitable orders. In other words, even if they succeed in getting new orders, they barely gain profits from these orders. Another factor behind the deterioration of their profitability is that their restructuring efforts are focused heavily on white-collar workers, thereby making it difficult for them to escape from the high-cost structure. According to Britain’s shipping… …

Trump, Xi Begin Highly Anticipated Summit in Florida

U.S. President Donald Trump is greeting Chinese President Xi Jinping at his Florida resort Thursday for a two-day summit at which the U.S. leader hopes to pressure Beijing into doing more to rein in North Korea’s nuclear weapons development. In remarks to reporters aboard Air Force One, Trump said t… …

Trump to kick off crucial first meetings with China's Xi

By Chang Jae-soon WASHINGTON, April 6 (Yonhap) — U.S. President Donald Trump was set to greet Chinese President Xi Jinping on Thursday, kicking off a series of crucial first meetings he plans to focus on reducing trade deficit with the world’s No. 2 …