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South Korea plans to send 350 troops to Afghanistan next year to support a group of civilian engineers helping with reconstruction, officials in Seoul said on Tuesday. The deployment needs to be approved by parliament, but should make it through...

S.Korea plans to help DPRK deal with A/H1N1 flu 2009-12-08 11:19:27     SEOUL, Dec. 8 (Xinhua) -- South Korean President Lee Myung-bak on Tuesday said the government plans to unconditionally offer drugs to the Democratic People's Republic of Korea (DPRK) if...

But this weekend, Australia [ Images ]n Prime Minister Kevin Rudd [ Images ] has gathered thinkers from around the world to let China know that the sun rises from Australia too. Even though US President Barack Obama [ Images...

The World Trade Organization (WTO) chief urged members Monday to resist protectionist pressure in the wake of the economic crisis, but said hopes of an early deal to free up international commerce are uncertain. "In February this year, the global...

Global trade this year is likely to fall by an "unprecedented" figure of more than 10 percent, the head of the World Trade Organisation said Monday. Pascal Lamy said governments have made progress in tackling the worst downturn for decades...

Apparently the reform is a response to inflation which has made the old currency of limited value. However as the article notes people holding the old currency will lose a lot as a result of the change. The top leaders...

The South Korean military is keeping a close eye on reports of unrest in neighboring North Korea, sources say. Local and international reports have indicated the North Korean military was put on heightened alert after a sudden currency revaluation by...

After a three-year wait, Boeing has finally secured a second airline to buy the passenger version of its forthcoming 747-8, the new version of the jumbo jet. Friday in Seoul, Korean Air announced a "memorandum of understanding" with Boeing that...

South Korea's economy expanded 3.2 percent in the third quarter, the central bank said Friday, a better performance than initially estimated amid stronger growth in manufacturing, exports and services. The revised figure for the three months ended Sept. 30 compared...

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...