Archive by category National

N. Korea extends deadline for wage payment at joint venture

North Korea on Monday extended a deadline by which South Korean firms should pay wages to the North’s workers at a joint industrial park in the North, a …

Gov’t to decide whether to salvage ferry this week

The government said Monday it will decide later this week whether to raise the ferry that capsized last year, claiming 304 lives. In one of South Korea’s …

Evidence suggests builder was manipulated: prosecutors

Prosecutors said Monday the late head of a construction firm accused of bribing politicians may have been coaxed into covering up evidence. A special task …

N. Korea likely to launch missiles, drills: Seoul

North Korea will likely launch missiles and large-scale military drills for its military foundation day later this month, South Korea’s defense ministry …

‘Donguibogam’ to be listed as national treasure

A medieval South Korean medical book listed on UNESCO’s Memory of the World Register will soon be designated a national treasure, the government said …

N. Korea ‘expressed interest’ in China-led regional bank: source

North Korea has expressed interest in the Chinese-led Asian Infrastructure Investment Bank, but failed to apply for membership, a diplomatic source said …

Gov’t concludes physical recovery of sunken ferry possible

A technical review has concluded the physical recovery of a passenger ferry that sank last year will be possible, the government said Monday, although a …

S. Korea to raise defense spending by 2020

South Korea said Monday it will sharply raise the defense budget over the next five years to beef up its capabilities against North Korea’s nuclear and …

Steel mill head faces query over embezzlement

The head of South Korea’s third-largest steel maker will be summoned later this week over the alleged embezzlement of company funds, prosecutors said …

Opposition party to impeach embattled PM

The main opposition party said Monday it will take steps to impeach Prime Minister Lee Wan-koo under growing bribery suspicions. The move by the New Politics …

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