South Korea Politics News

A pro-Pyongyang newspaper confirmed on Friday the secretive North has revalued its currency, a move analysts said was aimed at curtailing a burgeoning market economy and clamping down on merchants. The communist North's official media has kept mum over widespread...

Railway workers, now supported by truckers, declared a strike on Nov 26 that has reduced many internal cargo shipments to less than a third of normal levels. Their protests come as the president, Lee Myung-bak, is vowing to sap the...

A spokesperson said two of the five injured were seriously hurt by the blast, which happened when artillery shells were being tested. Yonhap news agency, which earlier reported about 60 casualties, said later one person was killed and five injured...

A group of U.S. senators urged President Barack Obama Monday to back legislation requiring the renegotiation of the North American Free Trade Agreement and a long list of other trade pacts they blame for millions of lost U.S. manufacturing jobs....

South Korean President Lee Myung-Bak on Sunday expressed concerns about a strike by railway workers who crippled the nation's cargo train services for a fourth consecutive day. Sunday because of the strike, with only 60 out of 300 daily freight...

A South Korean navy ship has rescued a North Korean soldier whose boat drifted into southern waters across the Yellow Sea border, officials said Monday. Security authorities have been questioning the soldier since he was rescued Sunday, a defence ministry...

President Obama flew to South Korea Wednesday, ending his maiden visit to China and leaving behind a strong impression that the new partnership he seeks with the Asian giant remains to be built, issue by issue. Mr. Obama and his...

President Barack Obama arrives home Thursday with no big policy breakthroughs after more than a week in Asia trying to recast the U.S. relationship with a dynamic region. Critics in Washington complained that Obama was too accommodating to foreign leaders...

All this and much more, in today’s security update... Along a disputed sea border off the west coast of the Korean peninsula, South and North Korean warships have fired at each other, leaving a North Korean vessel heavily damaged...South Korean...

SEOUL : South Korea, the OECD's fastest-growing carbon polluter, said on Thursday it would finalise its carbon emission reduction targets for 2020 on Nov. 17 at between unchanged from and 4 percent below 2005 levels. An official of the presidential...