Latest Seoul News

Stock market today: Asian shares mostly higher ahead of US price update, OPEC+ meeting

Nov. 30, 2023 00:07 AM EST

BANGKOK (AP) — Asian shares were mostly higher Thursday ahead of an update on U.S. consumer inflation and a meeting of oil producers in Vienna. Benchmarks rose in Hong Kong, Tokyo and Shanghai. They fell in Seoul and Bangkok. U.S. futures rose while oil prices slipped. ...

Esports superstar Faker's team wins trophy at the League of Legends World Championship

Nov. 20, 2023 00:38 AM EST

SEOUL, South Korea (AP) — South Korea’s esports powerhouse T1 won the League of Legends World Championship by defeating China-based Weibo Gaming. South Korea’s Lee “Faker” Sang-hyeok — arguably the most well-known face in the esports world -- jumped out of his seat to...

LG Display: Q3 Earnings Snapshot

Nov. 15, 2023 14:28 PM EST

SEOUL, Korea, Republic Of (AP) — SEOUL, Korea, Republic Of (AP) — LG Display Co. (LPL) on Tuesday reported a loss of $548.7 million in its third quarter. The Seoul, Korea, Republic Of-based company said it had a loss of 77 cents per share. The maker of monitors and...

US and South Korea sharpen deterrence plans over North Korean nuclear threat

Nov. 13, 2023 09:20 AM EST

SEOUL, South Korea (AP) — The United States and South Korea on Monday updated a bilateral security agreement with the aim of more effectively countering North Korea’s evolving nuclear and missile threats. The move followed high-level military talks in Seoul, where the allies also...

On the anniversary of a deadly Halloween crush, South Korean families demand a special investigation

Oct. 29, 2023 10:15 AM EDT

SEOUL, South Korea (AP) — Bereaved relatives of victims of last year’s devastating Halloween crush in Seoul and their supporters demanded an independent investigation of the disaster as they marked the anniversary Sunday with a massive memorial service. The crush, one of the...

South Koreans hold subdued Halloween celebrations a year after party crush killed about 160 people

Oct. 28, 2023 13:32 PM EDT

SEOUL, South Korea (AP) — Halloween celebrations in South Korea were subdued on the eve of the first anniversary of a harrowing crowd surge that killed about 160 people in a Seoul alleyway. Many restaurants, bars, department stores and amusement parks avoided Halloween-themed...

Tokyo's Shibuya district raises alarm against unruly Halloween, even caging landmark statue

Oct. 27, 2023 09:11 AM EDT

TOKYO (AP) — Tokyo's busy shopping, business and entertainment district of Shibuya is trying hard to keep visitors at bay during this year's Halloween weekend. Banners across town say no drinking and no Halloween events on the street, and town officials are cordoning off the famed...

Shinhan Financial: Q3 Earnings Snapshot

Oct. 27, 2023 05:07 AM EDT

SEOUL, Korea, Republic Of (AP) — SEOUL, Korea, Republic Of (AP) — Shinhan Financial Group Co. (SHG) on Friday reported net income of $908.4 million in its third quarter. The Seoul, Korea, Republic Of-based bank said it had earnings of $1.68 per share. The financial...

South Korean scholar acquitted of defaming sexual slavery victims during Japan colonial rule

Oct. 26, 2023 11:42 AM EDT

SEOUL, South Korea (AP) — South Korea’s top court on Thursday cleared a scholar of charges of defaming the Korean victims of sexual slavery during Japanese colonial rule, in a contentious book published in 2013. Thursday’s ruling in the criminal case of Park Yu-ha isn’t the...

Stock market today: Asian shares slide after Wall St rout driven by high yields, mixed earnings

Oct. 26, 2023 00:47 AM EDT

BANGKOK (AP) — Shares skidded Thursday in Asia after Wall Street tumbled as bond yields tightened their chokehold. U.S. futures slipped and oil prices also fell after some of the most influential U.S. companies turned in mixed profit reports. Tokyo’s Nikkei 225...