The leaders of South Korea and India agreed Tuesday to more than double the countries' bilateral trade to over US$50 billion in 2030, also pledging joint efforts further upgrade their diplomatic relationship.In a bilateral summit held here in New Delhi, South Korean President Moon Jae-in and Ind
General Manager Bernhard Brender of the Grand Hilton Hotel in western Seoul hosted a priate party to congratulates the birthday of Publisher-Chairman Lee Kyung-sik of The Korea Post media at the plush international buffet restaurant of the hotel in Seoul on June 9, 2018.Prior to the party, GM Brende
Wednesday, July 11, 2018 To settle the Korean peninsula issueTrump, Kim, Moon can learn from Singapore, Shenzhen of ChinaNorth Korea and the United States are obviously deadlocked in their negotiations for a peaceful settlement of the Korean peninsula problems. Denuclearization of the
Earnings of South Korean game giants -- Nexon Korea Co. and NCsoft Corp. -- took a breather in the second half of this year following stellar performances in the previous quarter, but Netmarble Games Corp. pulled off a turnaround, industry sources said Tuesday.South Korea's top game publisher, N
Hyundai Motor Co. and its affiliate Kia Motors Corp. said Tuesday sales of vehicles in Germany jumped 10 percent on-year in the first half of this year, spurred by robust demand for their environmentally friendly cars.From January through June, Hyundai and Kia sold a combined 92,752 vehicles in the
South Korean President Moon Jae-in and Indian Prime Minister Narendra Modi were set to hold a bilateral summit Tuesday, following a series of encounters that reflected and also promoted the close relationship between the two leaders on the previous day.The Moon-Modi summit was set to follow an offic
U.S. President Donald Trump on Monday voiced confidence that North Korean leader Kim Jong-un will dismantle the regime's nuclear weapons program as promised.Trump wrote the message on Twitter after U.S. Secretary of State Mike Pompeo visited Pyongyang over the weekend to flesh out details of the
By Publisher Kyung-sik with Business Industry Editor Kim Tae-moon, Reporters Kim Jung-mi, Sua KimColombia is a gateway for Korea to Latin American markets and is a 'paradise' for Korean business companies to make good money thanks to many advantages offered, including an attractive Free Trad
South Korean President Moon Jae-in vowed efforts to greatly improve his country's relationship with India and expand economic ties between the two countries on Monday, one day before he was set to hold a summit with Indian Prime Minister Narendra Modi."I have hopes and plans to upgrade my count
Monday, July 9, 2018Round-up of important news from major Korean, international dailies, other news sources today:The Korea Post media (www.koreapost.com) in English, (www.koreapost.co.kr) in Korean.Pompeo holds out Vietnam model for N. KoreaU.S. Secretary of State Mike Pompeo on Sunday held out a b
Leaders of South Korea's major conglomerates and smaller businesses will join President Moon Jae-in on his state visit to Singapore this week, a state-run trade promotion agency said Monday.Moon, who is visiting India as part of his two-nation Asia tour, is scheduled to make a trip to Singapore
LG Display Co. ranked as the world's largest supplier of active-matrix organic light-emitting diode (AMOLED) displays for smartwatches in 2017, data showed Monday, apparently helped by strong shipments to Apple Inc.The South Korean display maker shipped 10.64 million units of AMOLED display pane
Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Monday it is competing with Sembcorp Marine Ltd., a Singapore-based machinery company, to win a US$2 billion auction to build an offshore facility for U.S. energy giant Chevron.DSME has been shortlisted in the bid to supply a floating producti
An influential U.S. senator on Sunday accused China of pulling North Korea back from negotiations with the United States in order to gain leverage in a U.S.-China trade dispute.Sen. Lindsey Graham (R-SC), who serves on the Armed Services Committee, was commenting on North Korea's angry reaction
South Korean President Moon Jae-in was set to urge increased cooperation between his country and India in a series of meetings with top Indian officials Monday, along with a rare trip to a production facility of Samsung Electronics Co. in New Delhi, his office Cheong Wa Dae said.Moon was scheduled t
U.S. Secretary of State Mike Pompeo on Sunday held out a brighter future for North Korea, urging leader Kim Jong-un to follow the path to prosperity taken by Vietnam.Pompeo was speaking at a business event in Hanoi, Vietnam, after completing a two-day trip to Pyongyang where he met with North Korean
South Korea's corporate watchdog said Sunday that it has levied a total of 20 billion won (US$17.9 million) in fines on seven water-related engineering firms for cartel-like activities. The Fair Trade Commission (FTC) said Water Resources Engineering Corp. and six other firms colluded fo
South Korea's trade ministry is working on finalizing the members of the delegation for Washington's public hearing on auto tariffs slated for later this month, industry sources said Sunday.The Ministry of Trade, Industry and Energy decided to send the delegation to the July 19-20 public hea
South Korean Foreign Minister Kang Kyung-wha plans to visit Tokyo on Sunday for back-to-back meetings on North Korea with U.S. Secretary of State Mike Pompeo and Japan's top diplomat Taro Kono, her ministry said.Pompeo will debrief Kang and Kono on the results of his face-to-face talks with Kim
U.S. Secretary of State Mike Pompeo said Saturday that progress has been made on North Korea's denuclearization after meeting with a high-ranking North Korean official in Pyongyang.Pompeo landed in Tokyo after completing his two-day trip in North Korea for denuclearization talks. Before flying t