Latest Seoul News

NKorea says it tested new weapon, wants Pompeo out of talks

Apr. 18, 2019 12:00 PM EDT

SEOUL, South Korea (AP) — North Korea said Thursday that it had test-fired a new type of "tactical guided weapon," its first such test in nearly half a year, and demanded that Washington remove Secretary of State Mike Pompeo from nuclear negotiations. The test, which didn't appear to be of a banned mid- or...

Global stocks subdued as investors eye earnings, data

Apr. 18, 2019 7:51 AM EDT

BEIJING (AP) — Stock markets were subdued Thursday as investors digested corporate earnings reports and mixed economic data, with some traders in Europe preparing for a long weekend. London's FTSE 100 fell 0.1% to 7,460 and Frankfurt's DAX rose 0.5% to 12,208. France's CAC 40 gained 0.3% to 5,576. A survey...

Asian stocks sink after Wall Street declines

Apr. 18, 2019 12:36 AM EDT

BEIJING (AP) — Asian stocks fell Thursday after Wall Street declined despite encouraging Chinese economic data. Benchmarks in Shanghai, Tokyo, Seoul and Hong Kong all retreated. Sydney was little-changed. U.S. stocks fell despite data showing growth in China's gross domestic product held steady in the...

Jailed ex-SKorean president requests temporarily release

Apr. 17, 2019 6:36 AM EDT

SEOUL, South Korea (AP) — Imprisoned former South Korean President Park Geun-hye on Wednesday requested a temporarily release so she can be treated for health problems her lawyer says are causing "burning" and "cutting" pain. An official from the Seoul Central District Prosecutors' Office said it will soon...

South Korean president calls for 4th summit with Kim Jong Un

Apr. 15, 2019 7:17 AM EDT

SEOUL, South Korea (AP) — South Korean President Moon Jae-in said Monday he's ready for a fourth summit with North Korean leader Kim Jong Un to help salvage faltering nuclear negotiations between the North and the United States. Moon's comments came after Kim issued his harshest criticism yet of South...

Kim open to another summit with Trump, with conditions

Apr. 13, 2019 9:50 AM EDT

PYONGYANG, North Korea (AP) — North Korean leader Kim Jong Un said he is open to a third summit with President Donald Trump, but set the year's end as a deadline for Washington to offer mutually acceptable terms for an agreement to salvage the high-stakes nuclear diplomacy, the North's state-run media said...

S. Korean babies born Dec. 31 become 2-year-olds next day

Apr. 12, 2019 8:18 AM EDT

DAEJEON, South Korea (AP) — Just two hours after Lee Dong Kil's daughter was born on New Year's Eve, the clock struck midnight, 2019 was ushered in, and the infant became 2-years-old. She wasn't alone, though it happened for her quicker than most: Every baby born in South Korea last year became 2 on Jan....

Global stocks rise after China reports stronger exports

Apr. 12, 2019 7:33 AM EDT

BEIJING (AP) — Global stock prices rose Friday after China reported unexpectedly strong exports and an increase in sales to the U.S. despite its tariff war with Washington. Market benchmarks in London, Frankfurt, Tokyo and Hong Kong all advanced and Wall Street was on track to open higher. China reported...

WTO upholds South Korean ban on Fukushima seafood

Apr. 12, 2019 3:31 AM EDT

SEOUL, South Korea (AP) — The World Trade Organization has upheld South Korea's import ban on Japanese seafood from areas affected by the 2011 nuclear disaster in Fukushima, overturning a ruling by a lower panel last year that said Seoul was unfairly discriminating against Japanese products. The decision...

Asian stocks mostly higher after mixed Wall Street day

Apr. 11, 2019 11:44 PM EDT

BEIJING (AP) — Asian stock markets were mostly higher Friday after a mixed Wall Street close on listless trading. Benchmarks in Tokyo, Sydney and Seoul rose. China's main index was up 1 point while Hong Kong retreated. Investors watched for Chinese trade data due out Friday. Traders were hoping for a "good...