Latest Seoul News

Stocks mixed ahead of Fed, oil dips on Saudi output recovery

Sep. 18, 2019 8:24 AM EDT

BEIJING (AP) — Global stocks were little changed Wednesday as investors watched for a U.S. Federal Reserve decision on a possible interest rate cut and as oil prices eased on hopes for a quick recovery in Saudi oil supplies. Benchmarks in London, Frankfurt and Shanghai advanced while Tokyo and Hong Kong...

South Korea confirms 2nd case of African swine fever

Sep. 18, 2019 3:03 AM EDT

SEOUL, South Korea (AP) — South Korea on Wednesday confirmed a second case of African swine fever near its border with North Korea, raising concerns that the outbreak could spread and wreak havoc on the country's massive pig herds. Officials were planning to cull some 5,000 pigs raised at a farm in the...

South Korea downgrades Japan trade status as dispute deepens

Sep. 17, 2019 11:46 PM EDT

SEOUL, South Korea (AP) — South Korea on Wednesday dropped Japan from a list of countries receiving fast-track approvals in trade, a reaction to Tokyo's decision to downgrade Seoul's trade status amid a tense diplomatic dispute. South Korea' trade ministry said Japan's removal from a 29-member "white list"...

Uncertainty over South Korea's World Cup visit to Pyongyang

Sep. 17, 2019 9:48 PM EDT

SEOUL, South Korea (AP) — South Korea's soccer association is unsure whether its World Cup qualifier against North Korea next month will take place in Pyongyang or on a neutral ground. The Seoul-based KFA said it hadn't yet received any information from its counterpart in Pyongyang regarding logistics for...

N. Korea says talks with US could resume in a 'few weeks'

Sep. 16, 2019 7:32 AM EDT

SEOUL, South Korea (AP) — North Korea said Monday that diplomatic talks with the United States could resume in a "few weeks," but that it will not consider abandoning its nuclear weapons unless external threats are fully removed. A statement Monday attributed to a North Korean foreign ministry official...

Global stocks slip as oil prices surge

Sep. 16, 2019 7:24 AM EDT

BEIJING (AP) — Global stock markets sank Monday after crude prices surged following an attack on Saudi Arabia's biggest oil processing facility. Market benchmarks in Europe dropped after Asian markets mostly closed lower, while Wall Street futures were down slightly. Shanghai's index was unchanged, and...

North Korean-themed restaurant in Seoul removes Kim images

Sep. 16, 2019 6:19 AM EDT

SEOUL, South Korea (AP) — You can sell North Korean food in South Korea. But you're likely to get into trouble if you decorate your restaurant with pictures seen as praising North Korea. Authorities say the owner of a restaurant under construction in Seoul "voluntarily" removed signs with images of North...

S. Korean opposition leader shaves head to protest minister

Sep. 16, 2019 5:29 AM EDT

SEOUL, South Korea (AP) — The leader of South Korea's biggest opposition party on Monday became the latest politician to shave their heads to protest President Moon Jae-in's appointment of a key political ally as justice minister despite allegations of academic fraud and financial crimes surrounding his...

Asian markets mixed as oil prices surge

Sep. 16, 2019 12:17 AM EDT

BEIJING (AP) — Asian stock markets were mixed Monday after crude prices surged following an attack on Saudi Arabia's biggest oil processing facility. Hong Kong's benchmark tumbled 1.1% while Seoul advanced and Shanghai and Sydney were little-changed. Japanese markets were closed for a holiday. The...

Today in History

Sep. 15, 2019 12:01 AM EDT

Today in History Today is Sunday, Sept. 15, the 258th day of 2019. There are 107 days left in the year. Today's Highlight in History: On Sept. 15, 1963, four black girls were killed when a bomb went off during Sunday services at the 16th Street Baptist Church in Birmingham, Alabama. (Three Ku Klux Klansmen were...