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S. Korean trade body KITA opens new U.S. office in Dallas

SEOUL, The Korea International Trade Association (KITA), a major South Korean business lobby, said Tuesday it has opened an office in the U.S. city of Dallas.

KITA said it held an opening ceremony for the office in the major city in Texas on Monday …

Seoul shares start lower despite U.S. gains

SEOUL, South Korean stocks opened slightly lower Tuesday despite overnight gains on Wall Street.

The benchmark Korea Composite Stock Price Index (KOSPI) lost 7.76 points, or 0.28 percent, to 2,796.55 in the first 15 minutes of trading.

Overnight, W…

LS Cable wins 100 bln-won submarine cable order in U.S.

SEOUL, LS Cable and System Ltd., South Korea’s biggest cable company, said Tuesday it has received a 100 billion-won (US$72 million) order to supply submarine cables to an electricity grid operator in the United States.

In the deal with LS Power Gri…

Negligent performance of duties! Who is responsible?

Listen to the perspective! Pol. Col. Wirut Sirisawadibut, Secretary-General of the Institute for Justice Reform, on the case of a police officer chasing a suspect’s car before losing control and crashing into a wall of a house that was opened as a cr…