By Feature Editor Lee Sam-san, Reporter Sua KimAll the former Presidents of the Republic of Korea have faced a tragic fate with the sole exception of Presidents Kim Young-sam and Kim Dae-jung. The ill-fate came from the new governments succeeding the old ones. Now two of them are still in jail, form
President Moon Jae-in said that the United States Forces are needed to stay in Korea even after the unification of the Korean peninsula to speak nothing of the need their presence after the declaration of the end of the Korean War and conclusion of a peace treaty. This was reported by Korean-languag
The following are excerpts from the statement of President Moon Jae-in at a Joint Press Conference Following the 2018 Inter-Korean Summit in Pyeongyang on Sept. 19, 2018.--Ed.Fellow Koreans in the North, the South and abroad,A Korean Peninsula free of war has begun to take shape. The South and North
Samsung Electronics is expected to post a record operating profit of 17.2 trillion won (US$15.4 billion) in the third quarter of this year supported by firm demand for memory chips. This was recently learned from the market sources.The consensus formed by major brokerage firms in Korea marks an 18.5
North Korea's deputy prime minister has admitted economic difficulties and called for South Korea's assistance, a South Korean presidential official said Friday, in a rare appeal by the North to try to boost its economy.Ri Ryong-nam made the comments in a meeting with top South Korean busine
Two BMW diesel vehicles on the German automaker's recall list have caught fire in less than two days in South Korea, authorities said Monday.According to a report by Yonyap on Sept. 24, a BMW 520d caught fire shortly before Monday noon while going up a hill in Pyeongchang, 180 kilometers east of
Deputy Prime Minister Ri Ryong-nam of North Korea has admitted economic difficulties faced by his country, and asked for assistance and support from the Republic of Korea (south). This was disclosed by Special Presidential Economic Advisor Kim Hyun-chul.DPM Ri of North Korea made the comments in a m
President Moon Jae-in and U.S. President Donald Trump on Monday discussed possible ways to reward North Korea for its denuclearization measures that will apparently include a second U.S.-North Korea summit. This was reported by Korean news agency, Yonhap, this morning."The leaders agreed to continu
Presdient Moon Jae-in of the Republic of Korea (south) sought to secure international support and assistance for his endeavor to denuclearize North Korea and improve relations and cooperation with the North in a meeting with U.N. Secretary-General Antonio Guterres."President Moon expressed gratitud
President Moon Jae-in of Korea left for the United States on Sept. 23, 2018 for a summit meeting with President Donald Trump, where he will likely seek to broker a second U.S.-N. Korea summit. Moon's trip comes in the wake of his visit last week to Pyongyang where he held his third summit with C
Samsung Electronics' gas and induction electric cooktops received the highest scores from the U.S. Consumer Report, this was reported by Korean-lnguage media on Sept. 23, 2018.Samsung's gas cooktops, which are 30-inch and 36-inch models, were seleced as two of the five top-performing models
South Korea's exports shot up 21.6 percent on-year during the first 20 days of September, due to a rise in outbound shipments of chips and petrochemical goods, customs data showed Friday.The country's outbound shipments reached US$36.5 billion in the September 1-20 period, according to the K
South Korea's top automaker, Hyundai Motor Co., and its smaller affiliate, Kia Motors Corp., have ranked first and second in safety ratings by the U.S. Insurance Institute for Highway Safety (IIHS), outperforming global rivals.Hyundai obtained top safety pick (TSP) and TSP+ ratings for its 10 mo
Seoul shares may undergo upward momentum next week, as eased concerns over global trade disputes and positive forecasts for corporate earnings could whet investors' appetite for bargains, analysts said Saturday.The benchmark Korea Composite Stock Price Index (KOSPI) closed at 2,339.17 on Friday,
Hanwha Energy Corp. and Korea Midland Power Corp. will build a solar power plant in the United States by 2020, Hanwha Group said Friday.The construction of a 150-megawatt solar power plant is scheduled to begin in December 2019 and to be completed a year later in Boulder City, southeast of Nevada, t
Choi Jeong-woo, new CEO of South Korea's leading steelmaker POSCO Co., said Friday that the inter-Korean summit can create new opportunities for the steel industry.The executive was part of the business delegation that accompanied President Moon Jae-in on his trip to North Korea earlier this wee
U.S. Secretary of State Mike Pompeo voiced hope Friday for a second summit between the U.S. and North Korea "before too long," but added there was still work to do.Both sides have floated the possibility of a second meeting between U.S. President Donald Trump and North Korean leader Kim Jong-un to
Friday, September 21, 2018N. Korea media hail leaders' visit to Mount PaekduNorth Korea's state media on Friday hailed the visit to Mount Paekdu by the leaders of the two Koreas as a "historic" event in an era of enhanced cross-border cooperation.President Moon Jae-in and North Korean lead
North Korea's state media on Friday hailed the visit to Mount Paekdu by the leaders of the two Koreas as a "historic" event in an era of enhanced cross-border cooperation.President Moon Jae-in and North Korean leader Kim Jong-un climbed the peninsula's highest mountain Thursday, the last d