General

Yoon names new first vice industry minister

President Yoon Suk Yeol on Friday named the presidential secretary for industrial policy as the new first vice industry minister, his office said.

Park Sung-taek, who previously held various key positions at the Ministry of Trade, Industry and Energ…

(Olympics) Boxer overcomes fear to make S. Korean Olympic history

After the final bell had rung in her quarterfinal bout at the Paris Olympics on Thursday, South Korean boxer Im Ae-ji wasn’t sure if she had won.

She stood nervously as the referee Pavel Pavlov held her wrist in his right hand and that of the Colomb…

(LEAD) S. Korea’s consumer prices rise 2.6 pct in July

South Korea’s inflation picked up pace in July on high prices of fruits and petroleum products, though it stayed below 3 percent for the fourth consecutive month, data showed Friday.

Consumer prices, a key gauge of inflation, rose 2.6 percent on-yea…

Seoul shares dip 3 pct late Fri. morning amid U.S. slowdown woes

Seoul shares extended losses late Friday morning as disappointing U.S. economic data sparked fears of an economic slowdown despite the Federal Reserve’s rate-cut signals.

The benchmark Korea Composite Stock Price Index had fallen 83.45 points, or 3 …