Latest Seoul News

Seoul: Missing South Korean official may be in North Korea

Sep. 23, 2020 3:06 AM EDT

SEOUL, South Korea (AP) — A South Korean official who disappeared off a government ship near the disputed sea boundary with North Korea this week may be in North Korea, South Korea's Defense Ministry said Wednesday. The ministry said the 47-year-old official was aboard a government vessel that was checking...

Currency traders work at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, Sept. 23, 2020. Asian markets were mostly lower on Wednesday as investors kept a wary eye on how the coronavirus pandemic will affect the economic outlook.
(AP Photo/Ahn Young-joon)

Asian shares mixed as worries percolate over pandemic

Sep. 23, 2020 3:01 AM EDT

Markets were mixed in Asia on Wednesday as investors kept a wary eye on how the coronavirus pandemic will affect the economic outlook. Stocks slipped in Japan and Hong Kong but rose in Seoul and Shanghai and jumped more than 2% in Sydney after the government reported retail sales have fared better than expected....

Currency traders work at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, Sept. 23, 2020. Asian markets were mostly lower on Wednesday as investors kept a wary eye on how the coronavirus pandemic will affect the economic outlook.
(AP Photo/Ahn Young-joon)

Asian shares take breather after Wall Street gains

Sep. 23, 2020 12:04 AM EDT

Asian markets were mostly lower on Wednesday as investors kept a wary eye on how the coronavirus pandemic will affect the economic outlook. Stocks slipped Wednesday in Japan, Hong Kong and Seoul but rose in Sydney after the government reported retail sales fared better than expected. Overnight, the S&P 500...

A man wearing a face mask walks past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Tuesday, Sept. 22, 2020. Shares slipped Tuesday in Asia after markets tumbled worldwide on worries about the pandemic’s economic pain. (AP Photo/Vincent Yu)

Asian shares track Wall Street retreat on pandemic pains

Sep. 22, 2020 12:41 AM EDT

Shares slipped Tuesday in Asia after markets tumbled worldwide on worries about the pandemic’s economic pain. Hong Kong's Hang Seng lost 0.3% to 23,894.72 and the Kospi in South Korea sank 1.7% to 2,348.24. The S&P/ASX 200 in Australia lost 0.6% to 5,787.00 and the Shanghai Composite index edged 0.1%...

An honor guard with the American Legion Post 374 of Millard wear face masks against COVID-19 present arms during the graveside service of David Owen Cary at the Omaha National Cemetery in Omaha, Neb., Thursday, Sept. 17, 2020. (AP Photo/Nati Harnik)

The Latest: New Zealand to end restrictions except in 1 city

Sep. 20, 2020 10:11 PM EDT

WELLINGTON, New Zealand: All remaining virus restrictions will be lifted across much of New Zealand from late Monday with the exception of the largest city, Auckland, which will continue to have some restrictions for at least another 16 days. Prime Minister Jacinda Ardern made the announcement Monday after...

Indian passengers queue up to test for COVID-19 at a facility erected at a railway station to screen people coming from outside the city, in Ahmedabad, India, Friday, Sept. 18, 2020. India's coronavirus cases jumped by another 96,424 in the past 24 hours, showing little sign of leveling. India is expected to have the highest number of confirmed cases within weeks, surpassing the United States, where more than 6.67 million people have been infected. (AP Photo/Ajit Solanki)

The Latest: U of Colorado shifting students for virus cases

Sep. 18, 2020 7:04 PM EDT

DENVER — The University of Colorado has forced some students to move out of their dorms to create more isolation housing for students with coronavirus infections as case numbers continue to increase at the Boulder campus. The Denver Post reported that the university said in an email to affected students...

FILE - In this Jan. 3, 2020 file photo, the Wall St. street sign is framed by American flags flying outside the New York Stock Exchange in New York.  Stocks are falling early on Wall Street Thursday, Sept. 17,  as the late selling from the previous day carries over.  (AP Photo/Mary Altaffer, File)

Asia slightly higher despite Wall Street slump, virus fears

Sep. 17, 2020 11:33 PM EDT

TOKYO (AP) — Asian shares were slightly higher Friday despite some investor attention shifting again to the uncertainties in global economies amid the coronavirus pandemic, as reflected in the overnight fall on Wall Street. Japan's benchmark Nikkei 225 was little changed but inched up less than 0.1% in...

Medical staff prepare to take a COVID-19 tests at a drive through community based assessment centre in Christchurch, New Zealand, Thursday, Aug. 13, 2020. Health authorities in New Zealand are scrambling to trace the source of a new outbreak of the coronavirus as the nation's largest city, Auckland, goes back into lockdown. (AP Photo/Mark Baker)

The Latest: First case-free day for New Zealand in 5 weeks

Sep. 17, 2020 11:15 PM EDT

WELLINGTON, New Zealand — New Zealand has reported no new confirmed cases of the coronavirus for the first time in more than five weeks as hopes rise that an outbreak discovered in Auckland last month has been stamped out. Friday’s report also marked the fourth consecutive day without any cases of...

Currency traders work at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Sept. 17, 2020. Asian stock markets declined Thursday after the U.S. Federal Reserve indicated its benchmark interest rate will stay close to zero at least through 2023 but announced no additional stimulus plans. (AP Photo/Ahn Young-joon)

Asian stocks retreat on lack of new Fed action

Sep. 16, 2020 11:28 PM EDT

Asian stock markets declined Thursday after the U.S. Federal Reserve indicated its benchmark interest rate will stay close to zero at least through 2023 but announced no additional stimulus plans. Market benchmarks in Shanghai, Tokyo, Seoul and Hong Kong all retreated. Wall Street's benchmark S&P 500 index...

FILE - In this June 5, 2020, file photo, a surfer walks on a sparsely populated Waikiki Beach in Honolulu. Hawaii's governor says that starting Oct. 15, travelers arriving from out of state may bypass a 14-day quarantine requirement if they test negative for COVID-19. (AP Photo/Audrey McAvoy)

The Latest: Hawaii again sets plan for pre-testing tourists

Sep. 16, 2020 11:04 PM EDT

HONOLULU — Hawaii’s governor says that starting Oct. 15, travelers arriving from out of state may bypass a 14-day quarantine requirement if they test negative for the coronavirus. Gov. David Ige said Wednesday that travelers will have to take the test within 72 hours before their flight arrives in...