Latest Seoul News
KT Corp.: Q1 Earnings Snapshot
SEOUL, Korea, Republic Of (AP) — SEOUL, Korea, Republic Of (AP) — KT Corp. (KT) on Wednesday reported earnings of $237.3 million in its first quarter. The Seoul, Korea, Republic Of-based company said it had profit of 46 cents per share. The telecommunications...
South Korea, US troops hold large live-fire drills near border with North Korea
SEOUL, South Korea (AP) — The South Korean and U.S. militaries conducted large live-fire drills near the border with North Korea on Thursday, despite the North’s warning that it won’t tolerate what it calls an invasion rehearsal on its doorstep. The drills, the first of five...
South Korea experts say Japan carefully answered questions on plan to release radioactive water
TOKYO (AP) — The head of a South Korean team of experts said Wednesday they saw all of the facilities they had requested to visit at Japan’s tsunami-wrecked Fukushima nuclear plant and Japanese officials had carefully answered their questions about a contentious plan to release treated but...
Stock market today: Asian stocks slide as debt worries mount
BEIJING (AP) — Asian stock markets slid Wednesday as the U.S. government crept closer to a potentially disruptive default on its debt. Tokyo's main market index lost more than 1%. Shanghai, Hong Kong and Seoul also declined. Wall Street's benchmark S&P 500 index...
South Korea, EU agree to boost pressure on Russia, condemn North Korean missile tests
SEOUL, South Korea (AP) — Leaders of South Korea and the European Union agreed Monday to increase pressure on Russia over its war against Ukraine and condemn North Korea’s ballistic missile tests. South Korean President Yoon Suk Yeol met with European Council President Charles...
LG Display: Q1 Earnings Snapshot
SEOUL, Korea, Republic Of (AP) — SEOUL, Korea, Republic Of (AP) — LG Display Co. (LPL) on Monday reported a loss of $951.6 million in its first quarter. On a per-share basis, the Seoul, Korea, Republic Of-based company said it had a loss of $1.33. The maker of...
Canadian Prime Minister Trudeau arrives in South Korea to discuss trade, North Korean challenge
SEOUL, South Korea (AP) — Canadian Prime Minister Justin Trudeau arrived in South Korea on Tuesday for a meeting with South Korean President Yoon Suk Yeol at which they are expected to discuss expansion of trade and challenges posed by North Korea. Trudeau, the first Canadian...
South Korean court orders agency to compensate adoptee over his mishandled adoption to US
SEOUL, South Korea (AP) — A South Korean court on Tuesday ordered the country's biggest adoption agency to pay 100 million won ($74,700) in damages to a 48-year-old man for mishandling his adoption as a child to the United States, where he faced legal troubles after surviving an abusive childhood...
Stock market today: Asian shares advance though China economic data weaker than expected
Asian shares were mostly higher on Tuesday even though the latest data showed China’s economy is weaker than expected, with domestic demand failing to bounce back as much as hoped for after the pandemic. Benchmarks advanced in Tokyo, Hong Kong and Seoul but fell in Shanghai and...
Japan, South Korea agree on visit to Fukushima nuclear plant ahead of planned water release
Japanese and South Korean officials held hourslong talks into early Saturday and agreed on a visit later this month by South Korean experts to the Fukushima nuclear plant before it begins the controversial release of treated but radioactive water into the sea. The safety of the water is a major...
