Latest Seoul News

S Korea offers North economic benefits for denuclearization

Aug. 15, 2022 05:46 AM EDT

SEOUL, South Korea (AP) — South Korean President Yoon Suk Yeol offered “audacious” economic assistance to North Korea on Monday if it abandons its nuclear weapons program, while avoiding harsh criticism of the North days after it threatened “deadly” retaliation over a COVID-19 outbreak it...

UN chief affirms support for denuclearized North Korea

Aug. 12, 2022 05:09 AM EDT

SEOUL, South Korea (AP) — United Nations Secretary-General Antonio Guterres on Friday proclaimed unwavering U.N. commitment to a fully denuclearized North Korea, even as a divided Security Council allows more room for the isolated country to expand its nuclear weapons and ballistic missile...

Asian shares mixed after new signs of cooling inflation

Aug. 12, 2022 00:47 AM EDT

BANGKOK (AP) — Shares were mixed Friday in Asia after a muddled day on Wall Street, where benchmarks meandered following another encouraging report about inflation. Tokyo’s Nikkei 225 surged 2.5%, catching up on gains after being closed Thursday for a holiday. Hong Kong and...

North Korea claims disputed victory over virus, blames Seoul

Aug. 11, 2022 06:29 AM EDT

SEOUL, South Korea (AP) — In a striking speech before thousands of North Koreans, leader Kim Jong Un’s sister said he suffered a fever while guiding the country to victory over the coronavirus. She blamed rival South Korea for the outbreak and vowed “deadly” retaliation. Kim...

Asian shares track Wall Street gains on cooling inflation

Aug. 11, 2022 00:18 AM EDT

BANGKOK (AP) — Shares advanced Thursday in Asia after benchmarks closed at three-month highs on Wall Street as investors cheered a report showing inflation cooled more than expected in July. Hong Kong, Shanghai and Seoul saw gains of more than 1%. Tokyo was closed for a holiday....

Recovery underway in South Korea's rain-hit capital area

Aug. 10, 2022 10:31 AM EDT

SEOUL, South Korea (AP) — Cleanup and recovery efforts accelerated in South Korea’s greater capital region on Wednesday as skies cleared after two days of record-breaking rainfall that unleashed flash floods, damaged thousands of buildings and roads and killed at least 10 people. ...

Seoul dismisses Beijing's concerns over anti-missile system

Aug. 10, 2022 10:09 AM EDT

SEOUL, South Korea (AP) — South Korea's government stressed Wednesday it will make its own decisions in strengthening its defenses against North Korean threats, rejecting Chinese calls that it continue the polices of Seoul’s previous government that refrained from adding more U.S. anti-missile...

Asian stocks fall ahead of US inflation

Aug. 10, 2022 00:25 AM EDT

BEIJING (AP) — Asian stocks followed Wall Street lower Wednesday ahead of U.S. inflation data that traders worry will show upward pressure on prices still is too strong for the Federal Reserve to ease off interest rate hikes. Shanghai, Tokyo, Hong Kong and Seoul declined. Oil...

Top Chinese, South Korean diplomats pledge closer ties

Aug. 09, 2022 21:54 PM EDT

BEIJING (AP) — The top South Korean and Chinese diplomats pledged Tuesday to develop closer relations and maintain stable industrial supply chains at a time of deepening rivalry between Beijing and Washington. South Korea, a longtime U.S. ally, is struggling to strike a balance...

South Korean rain turns roads into rivers, leaves 9 dead

Aug. 09, 2022 07:25 AM EDT

SEOUL, South Korea (AP) — Some of the heaviest rain in decades swamped South Korea’s capital region, turning Seoul’s streets into car-clogged rivers and sending floods cascading into subway stations. At least nine people were killed — some drowning in their homes — and six others were...