President Moon Jae-in was set to meet a group of top executives and officials from small and medium-sized enterprises (SMEs) on Tuesday.The meeting will be held over dinner at the presidential office Cheong Wa Dae, involving around 30 business leaders, including the head of the Korea Federation of S

The European Union is likely to remove South Korea and seven other jurisdictions from its blacklist of tax havens, Reuters reported Monday.The eight, including Panama, the United Arab Emirates and Barbados, were among 17 jurisdictions the EU blacklisted as tax havens in December, saying it was a mov

North Korea condemned the United States on Monday for damaging a thaw in inter-Korean ties, as Washington vows to employ maximum sanctions and pressure until the North gives up its nuclear and ballistic missile programs.The Rodong Sinmun, the North's main newspaper, also said that Washington is

Opposition parties on Monday berated the presidential office for passing consultations with parliament before announcing a set of sweeping measures to reform powerful state investigative organizations.They also contended that the reforms should include measures to insulate the organizations from pol

South Korean steelmaker POSCO said Monday its steel plant in Indonesia turned a profit after four years of operation, with accumulated sales exceeding 10 million tons.PT Krakatau POSCO, an integrated steel mill jointly set up by POSCO and Indonesia's state-run steel firm Krakatau Steel, shifted

President Vladimi Putin of the Russian Federation says, “I come from an ordinary family, and this is how I lived for a long time, nearly my whole life. I lived as an average, normal person and I have always maintained that connection. We lived simply, having cabbage soup, cutlets, pancakes, but on S

The government said Monday it will make a decision on a proposed shutdown of all cryptocurrency exchanges after "sufficient consultation and coordination of opinions" as the proposal sparked confusion in the market and anger among investors.The Office for Government Policy Coordination made the an

The Korean daily media headlines and humorMonday, January 15, 2018 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

South Korean skeleton slider Yun Sung-bin said Sunday he doesn't feel pressure to win a gold medal at the upcoming Winter Olympic Games.Yun, currently ranked world No. 1 in men's skeleton, returned home after winning the International Bobsleigh and Skeleton Federation (IBSF) World Cup in St.

Prosecution investigators raided the office of a school foundation headed by an opposition lawmaker Monday over suspicions that he received illegal political funds through the foundation.Rep. Hong Moon-jong of the main opposition Liberty Korea Party is suspected of taking hundreds of millions of won

U.S. President Donald Trump said Sunday a newspaper misquoted him as saying that he has a good relationship with North Korean leader Kim Jong-un, when in fact he said he "would" have a good relationship with Kim.The Wall Street Journal quoted Trump as saying in an interview Thursday, "I probably

South and North Korea are set to hold working-level talks Monday to discuss the North's plan to send an art troupe to the South during next month's PyeongChang Winter Olympics.The two sides will open the talks at 10:00 a.m. on the North side of the shared border village of Panmunjom, in the

South and North Korea will hold working-level talks this week to work out details on the North's participation in next month's Winter Olympic Games, the unification ministry said Sunday.The talks to be held on Monday will focus mostly on the North's plan to send an art troupe to the Feb.

The global chip market is anticipated to grow at a slower pace in the coming years through 2022, data showed Sunday, signaling the end of the unprecedented boom period.According to the data compiled by IC Insights, the global chip market is expected to grow 5.1 percent annually over the 2017-2022 pe

South Korea's top automaker Hyundai Motor Co. said Sunday the company aims to revitalize its sales in the United States by releasing eight new sports utility vehicle by 2020."(The company's) sales in the U.S. has been falling for the fifth consecutive years, as we failed to cope with market

South Korea's top diplomat is to join a gathering of ministers from 16 countries to be held in Canada this week to discuss issues related to security and stability on the Korean Peninsula, the foreign ministry said Sunday.Foreign Minister Kang Kyung-wha will leave for Vancouver to participate in

The Korean daily media headlines and humorFriday, January 12, 2018 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 Pos

South Korea's transport ministry and Incheon International Airport Corp. (IIAC) held an event on Friday to celebrate the opening of a second passenger terminal at Incheon International Airport.The second terminal at the Incheon airport begins commercial operations on Jan. 18, with Korean Air Lin

Japanese Prime Minister Shinzo Abe said Friday that he cannot accept South Korean government's announcement that the issue of Japan's wartime sexual enslavement of Korean women has not been resolved through a controversial deal reached in 2015, a local news report said.Kyodo News quoted Abe

The top diplomats of South Korea and the United States had a phone conversation Friday to discuss the outcome of recent inter-Korean talks and ways to strengthen their coordination on major issues of mutual concern, the foreign ministry here said.In the conversation with U.S. Secretary of State Rex