Samsung Electronics Co. said Tuesday it named new executives to head its business divisions in line with steps to adopt new leadership amid the absence of heir apparent Lee Jae-yong.Samsung said it named President Kim Ki-nam to head the device solutions division, which oversees the company's chi

Samsung Electronics Co. on Tuesday said its third-quarter net profit more than doubled on-year, mainly led by strong returns from its chip business amid an industrywide boom.Net profit came to 11.1 trillion won (US$9.87 billion), jumping from 4.53 trillion won posted a year earlier, the company said

South Korea and China have agreed to put their bilateral relations back on the right track, apparently normalizing ties that have been soured over the deployment of a U.S. missile defense system in South Korea, the foreign ministry said Tuesday.They reiterated their long-held stance on issues relate

The Korean daily media headlines and humorTuesday, October 31, 2017 Your Excellency: Here are The Korea Post notices and a roundup of important headlines from all major Korean-language dailies, TV and other news media of Korea today: Very Respectfully Yours /s/ Lee Kyung-sikPublisher-Chairma

The Korean daily media headlines and humorMonday, October 30, 2017 Your Excellency: Here are The Korea Post notices and a roundup of important headlines from all major Korean-language dailies, TV and other news media of Korea today: Very Respectfully Yours /s/ Lee Kyung-sikPublisher-ChairmanKorea Po

Millennium Seoul Hilton’s Japanese restaurant, is pleased to offer a special Kaiseki meal showcasing seasonal yellowtail (Hamachi) sourced from the northern coast of Japan throughout the month of November.Kaiseki are traditional multi-course meals that are the Japanese equivalent of Western haute di

AmorePacific Corp., the country's top cosmetics maker, said Monday its third-quarter net profit plunged 32 percent from a year earlier, due largely to a protracted slump in the domestic market amid a sharp decline in Chinese tourists.Its net income came to 79.8 billion won (US$70.9 million) in t

Air Busan Co., a South Korean budget carrier, said Monday it has begun to offer flights on a route from a provincial airport to Vientiane, Laos, as part of its route diversification efforts.Air Busan began servicing the route from the southern port city of Busan, 453 kilometers south of Seoul, to th

The i30 N TCR, Hyundai Motor Co.'s purpose-built circuit car, beat rivals at the TCR Europe Trophy race held in Italy, the carmaker said Monday.In the circuit event held at the Adria International Raceway from Oct. 27-29, Hyundai's i30 N TCR outpaced such vehicles as the Audi RS3 LMS and Vol

The main opposition party decided to return to a parliamentary audit of the government on Monday, four days after it launched a boycott to protest what it calls the ruling bloc's attempt to control a local broadcaster.The Liberty Korea Party launched the boycott on Thursday after two pro-governm

The chief of the 2018 PyeongChang Winter Games said Sunday he is optimistic about the Paralympics ticket sales as more people will purchase tickets during the multisport event for the disabled athletes.Lee Hee-beom, who leads the PyeongChang Organizing Committee for the 2018 Olympic & Paralympic Win

The number of foreigners visiting South Korea declined 23.5 percent to 9.94 million in the January-September period compared to a year earlier, a report by the central bank showed Sunday.Visits by Chinese nationals plunged over 60 percent on-year, as China restricted tour programs amid a diplomatic

Sales of packaged kimchi are expected to grow 9.6 percent in 2017 from a year earlier, on rising demand from single-member households, industry data showed Sunday.According to Daesang Co., a major ready-made kimchi producer, the domestic market for the product is expected to reach 1.39 trillion won

Air passenger traffic in South Korea rose in September as a rise in demand for routes to Japan, Southeast Asia and Europe offset the steep fall in Chinese travelers, government data showed Sunday.A total of 9.02 million passengers used international and domestic flights last month, up 4.7 percent fr

A U.S. Republican senator called out President Donald Trump again on Sunday, saying the commander-in-chief is hampering diplomatic efforts to resolve the nuclear crisis with North Korea.Sen. Bob Corker (R-TN), who has recently been involved in a personal feud with Trump, reiterated his argument as t

Venture minister nominee Hong Jong-haak is expected to face a tough grilling during a parliamentary confirmation hearing next month amid rising criticism of his family's property inheritance and controversial remarks he made in the past.Soon after President Moon Jae-in tapped him to lead the new

The pace of growth in South Korea's construction investments is set to slow down next year due to stricter lending rules aimed at stabilizing the overheated real estate market, the central bank and local think tanks said Saturday.The Bank of Korea estimated the rate of growth in the country'

As President Xi Jinping rose to China's most powerful leader in decades, South Korean companies are hoping for an improved business environment amid difficult times brought on by the deployment of a U.S. anti-missile system here, industry sources said Saturday.During the weeklong 19th National C

The defense chiefs of South Korea and the United States made clear Saturday that North Korea's provocations will never be tolerated, as the two warned any act of aggression will be met with a "massive military response."They also stressed it's pipe dream for North Korea to be recognized as

Prosecutors have summoned a senior prosecutor to appear for questioning on Sunday over his suspected involvement in an attempt to obstruct a 2013 prosecution investigation into the state intelligence agency's alleged election meddling, officials said. Chang Ho-joong, who served as