Megri Web Portal >> News & Top Stories

By Kim Jae-kyoung Staff Reporter South Korea is expected to become a net debtor for the first time in eight years in the months to come, with its net external credit dipping to nearly zero in June...

By Kim Hyun-cheol Staff Reporter Starting today, executives and employees of foreign companies investing in Korea will benefit from a simplified immigration procedure at airports. The beneficia...

By Kim Tong-hyung Staff Reporter A new regulatory framework to be adopted as early as next year will seek to help broadcast media and telecom companies keep their edge in the increasingly competit...

Sentiment among Korean manufacturing firms about business conditions next month worsened further to the weakest in nearly four years amid a global economic slowdown, a central bank survey showed yeste...

Cash-stricken listed firms are increasingly selling off their offices and other real estate holdings. Some are then leasing space in the buildings they used to own.

By Min Hee-young Korea Times Intern In the age of well-being lifestyle, Koreans are increasing their omega-3 fatty acid intake, but not necessary through a natural fish-rich diet. While fish-oil s...

A 59-year-old businessman whose company had been taken over by a Chinese firm was accused yesterday of industrial espionage for allegedly leaking key technology for flat screen display production to C...

Consumer prices for hanwoo galbi, or short ribs, and sirloins however, decreased by a mere 2 percent and 6 percent, respectively, during this period.

(Marketwire Via Acquire Media NewsEdge) OTTAWA, ONTARIO, August 28 / MARKET WIRE/ -- Nortel (1) (TSX: NT)(NYSE: NT) and LG Electronics (2) have taken LTE from the labs to the streets to complete the w...

Samsung Electronics, a market leader and award-winning innovator in consumer electronics, introduces its most advanced Blu-ray player to date with the BD-P2500. Building upon key features and design e...

By Kim Sue-young Staff Reporter Political parties will likely clash in a National Assembly session, Monday, over the so-called media-control policy run by the ruling camp. Three opposition part...

Won Jeong Hwa, the North Korean spy used sex to extract information Photo: REUTERS Lee Sang-Hee, the defence minister, described the case of Won Jeong Hwa as 'unacceptable' and urged military officers...

Seoul Mayor Oh Se-hoon yesterday strongly condemned a decision by the Cultural Heritage Administration to provisionally designate the old Seoul City Hall buildings as historic landmarks in order to st...

The investigation into Won Jeong-hwa, the 34-year-old female North Korean spy posing as a defector, took more than three years as South Korean authorities waited for conclusive evidence that she took ...

By Kang Hyun-kyung Staff Reporter The governors of Gyeonggi and South Chungcheong provinces have clashed over the government's plan to move major ministries and public companies out of the capital...

A former official in the Roh Moo-hyun administration who is suspected of abusing his influence over a state-run corporation has quietly slipped out of the country, Seoul police said yesterday.

The Fair Trade Commission said yesterday it would fine 14 life insurers and 10 non-life insurers 26.5 billion won in total for fixing prices and other collusions. According to the agency, the insurer...

The Financial Services Commission will also suggest that tax authorities extend an exemption for mutual funds on stock-trading duties, said Yoo Jae-hoon, an FSC spokesman. The exemption is due to expi...

Many of the extremist protesters involved in violence during the anti-government rallies of the past few months are unemployed and have criminal records, police announced yesterday. A group of seven v...

Cafes in Seoul are carving out a slice of Manhattan and Parisian chic these days, filling counters with moist macarons and cute cupcakes that left our reviewer craving for more. Forget the diet and tu...

Their van fell off a cliff in heavy rain in the town of Bolinao in Pangasinan Province on Luzon Island around Wednesday at noon local time, according to the Korean Embassy in the Philippines. All 10 ...

The government said yesterday that it will ease entry and departure procedures for foreign executives whose companies have business operations in Korea or plans to invest here. The Ministry of Knowled...

COPENHAGEN, Aug 28 (Reuters) - Danish shipping and oil group A.P. Moller-Maersk said on Thursday it had placed an order for four very large crude oil carriers from South Korea's STX Shipbuilding

MUMBAI (Reuters) - At least four companies have expressed interest in buying stake in the proposed commodity exchange promoted by Indiabulls Financial Services Ltd, a senior official said on Thursday....

California Travel and Tourism Commission chose AVIAREPS Marketing Garden to represent the CTTC in South Korea. An office will open in Seoul on Monday to generate marketing and promotional campaigns t...

By Bae Ji-sook Staff Reporter The public sector is undergoing a massive shakeup with a record number of workers applying for early retirement. In fear of government restructuring of public comp...

SEOUL, Aug 28 (Reuters) - The South Korean won rose slightly against the dollar on Thursday as the authorities were seen selling a small amount of dollars and after the vice finance minister warned of...

Seoul (ANTARA News/) - SK Group, South Korea's third-largest conglomerate, said today that it plans to invest 3.8 trillion won (US$3.5 billion) in the information technology sector to expand communica...

The new award-winning Samsung Instinct provides the ability to quickly browse the Internet, access business or personal email, and share pictures with one finger tap on the touch-screen phone. Additio...

SEOUL, Aug 28 – South Korea will drop the symbolic tag of ”main enemy” for North Korea in its biannual defence white paper, an official said on Thursday, even though Pyongyang has threatened to ...

Seoul backs talks on nuclear-free N Korea By Raphael Minder in Seoul and David Pilling in Tokyo Published: April 15 2008 02:42 | Last updated: April 15 2008 02:42

South Korea’s new president, Lee Myung-bak, will make his first overseas trips to the US and Japan this week, hoping to strengthen alliances with allies that have weakened under his liberal predeces...

SEOUL, South Korea -- The head of a South Korean company running sightseeing programs to North Korea resigned Thursday over the shooting death of a tourist at a mountain resort in the communist nation...

SEOUL, Aug 28 (Reuters) - South Korean President Lee Myung-bak said on Thursday oil prices would not likely rise from current levels due to sluggish global demand, although he admitted predicting futu...

* What: South Korea's August consumer price inflation * When: Monday, Sept. 1, at 1:30 p.m. (0430 GMT) * Inflation to hit 10-year high but nearing peak SEOUL, Aug 28 (Reuters) - South Korea's consumer...

Seoul (ANTARA News/) - Hynix Semiconductor Inc. (KSE:000660), the world's second-largest maker of computer memory chips, announced Thursday the commencement of production at its newly-built NAND flash...

SEOUL (Reuters) - Shares in LG Electronics Inc's (066570.KS: Quote, Profile, Research) parts making units, LG Innotek Co Ltd (011070.KS: Quote, Profile, Research) and LG Micron Ltd (016990.KQ: Quote, ...

SEOUL, Aug 28 (Reuters) - The South Korean won cut much of its early gains on Thursday as Seoul shares turned lower and on dollar demand from foreign investors' recent local stock sales. But investors...

She arrived as a refugee, one of tens of thousands to flee the worlds most oppressive regime and, for seven years, Won Jeong Hwa was a model defector. She toured South Korean military bases to lecture...

(AFP) - Ten South Korean nationals were killed after the van they were travelling in swerved and struck a building in a town north of the Philippine capital, a police official said Thursday. The van w...

-- Around 200,000 Buddhist monks and laypeople rallied in downtown Seoul on Wednesday protesting against what they said was religious bias and constitutional infringement by the Lee Myung-bak administ...

SEOUL, South Korea, August 27, 2008. IHG (InterContinental Hotels Group) has signed an agreement with Gwangwondo Development Corporation (GDC) to manage two Resorts and Suites under the InterContinent...

(AFP)--South Korea's defense chief warned the military Thursday to be on guard against North Korean spies, following the arrest of a woman defector accused of espionage for her communist homeland.

The U.S. Democratic Party has included the denuclearization of North Korea among its goals for the next administration, in a week that saw the North halt disablement of its nuclear facilities in what ...

Cherishing and polishing a national language is a noble endeavor for a nation. So it is a moving event when the Korea Language Society, which has safeguarded and fostered our language and studies, cel...

A wedding photo of Won Jeong-hwa, charged with spying for North Korea, released by the Suwon District Prosecutors' Office on Wednesday. A North Korean woman is being held for allegedly posing as a def...

SEOUL, Aug 28 (Reuters) - The South Korean won rose against the dollar early on Thursday, boosted by higher Seoul shares and a vice finance minister's warning of action against sharp moves in the curr...

--- LG Electronics (LG), a global leader and technology innovator in consumer electronics, will unveil its latest products at IFA 2008 in Berlin from August 29 to September 3. Under the theme of â??S...

Samsung i900 Omnia is a breathtaking phone - 5 megapixel camera with smile detection, 8 or 16 GB internal memory, TouchWiz, huge display, GPS, tilt sensor, fluid screen rotation in all applications an...

Authorities said yesterday that they apprehended a North Korean spy disguised as a defector. Won Jeong-hwa was caught while handing over military intelligence to the North. Her boyfriend, a South Kore...

SEOUL, South Korea (AP) _ A North Korean woman accused of using 'sex as a tool for her spy activity' and plotting to assassinate South Korean intelligence agents with poisoned needles has been arreste...

SEOUL, Aug 28 (Reuters) - South Korea's consumer inflation in August will not likely rise from a near 10-year high set in July, Vice Finance Minister Kim Dong-soo said on Thursday. He also said during...

SEOUL (Kyodo) Whether to pull down Seoul City Hall built by Japan in 1926 during the colonial period has recently been the focus of an intense confrontation between city officials and the central gove...

SEOUL, Aug 28 (Reuters) - Seoul shares are likely to rise on Thursday, with surprisingly strong U.S. durable goods data soothing fears about South Korea's second biggest export market. Exporters such ...

BMW Korea said Wednesday the BMW Foundation Herbert Quandt will host the Europe Asia Young Leaders Forum from Sept. 4 through 6 in Seoul. Marking its seventh year, the annual forum brings together som...

will introduce a reverse auction system to a limited extent from next year to make the bidding process for public sector contracts more efficient, the Ministry of Strategy and Finance said Thursday.

Samsung has announced a new line of SATA II SSDs for the low-priced PC market. Available in 8GB, 16GB and 32GB capacities, these low-density drives are 30% of the size of 2.5-inch SSDs and highly cost...

Buddhists took to the streets yesterday in their largest protest in history, protesting the alleged religious bias of the Lee Myung-bak administration and demanding an apology and countermeasures. A c...

Warid Telecom on Tuesday launched another exciting prepaid package with a Zem prepaid connection, Samsung C160 handset and talk-time worth Tk 4,000.The latest package is available at all business cent...

A student has his waistline measured at the end of the camp. Provided by the organizer In response to the weight issue, numerous so-called fat camps have sprung up, making use of the summer holidays t...

SEOUL, South Korea - Prosecutors announced Wednesday that they have arrested a woman from North Korea on charges of spying for the communist nation while living in South Korea, posing as a defector an...

SEOUL (Reuters) - Hyundai Motor Co (005380.KS: Quote, Profile, Research, Stock Buzz), South Korea's top automaker, plans to recall some 65,000 units of the Elantra in the United States to fix a defect...

Discontent among Buddhists has been brewing for months over Lee's alleged favoritism toward Christianity. Buddhists have criticized Lee, a Presbyterian, for filling most of his cabinet and top preside...

KARACHI (Reuters) - Pakistani stock exchange authorities set a floor of 9,144 points for the Karachi Stock Exchange index on Thursday following heavy losses in recent days, the exchange said. The stoc...

SEOUL, Aug 28 (Reuters) - Sentiment among South Korean manufacturing firms about business conditions next month worsened further to the weakest in nearly four years amid a global economic slowdown, a ...

-su, first vice minister of strategy and finance said in a radio program. "Helped by around a 20% decline in global crude oil prices since July, the CPI unlikely deteriorated further in August from ...

During a three-day stay in Korea, the president of the United Nations General Assembly complimented Korea's rapid development despite its inherent geographical difficulties. Assembly President Srgjan ...

All pregnant women will receive W200,000 as a government subsidy for prenatal medical expenses, including ultrasound tests (US$1=W1,084). The Ministry for Health, Welfare and Family Affairs on Wednesd...

The new KBS president Lee Byung-soon on Wednesday hinted there will be massive reform in all sectors of the public broadcaster, from programming to management and organization. Lee was speaking at an ...

SOUTH KOREA: August 28, 2008 SEOUL - South Korea said on Wednesday it will spend 111.5 trillion won (US$103 billion) through 2030 in developing new renewable energy, in an effort to cut its reliance...

SEOUL — South Korea said Wednesday it has arrested a female North Korean spy who infiltrated into the South pretending to be a defector. The alleged spy was identified as 34-year-old Won Jeong ...

Although CNET did not review the 46-inch Samsung LN46A630, we did review the 52-inch Samsung LN52A650. Judging from their spec sheets, the two Samsung flat-panel LCDs are basically identical but for t...

FOUNTAIN VALLEY, Calif., Aug. 27 /PRNewswire/ -- The National Highway Traffic Safety Administration (NHTSA) awarded five-star crash test ratings, the highest government rankings under the agency's New...

South Korea said yesterday it will build 10 more nuclear power plants by 2030 and increase its renewable energy resources as part of a 100-billion-dollar plan to reduce its dependence on fossil fuels....

Alia Sabur, 19, a faculty member of the department of advanced technology fusion at Konkuk University, says only two kinds of things exist for her in the world: things she is good at and things she do...

The Korean bank acquired 23 percent of the Almaty-based Bank CenterCredit for around $500 million, becoming the second-largest shareholder of the former Soviet Union lender, according to Kookmin. Th...

WASHINGTON (AP) _ The White House says North Korea has not fulfilled conditions necessary for its removal from the U.S. blacklist of state sponsors of terrorism.North Korea announced Tuesday that it h...

DUSHANBE, Aug. 27 (Xinhua) -- Chinese President Hu Jintao and his Russian counterpart Dmitry Medvedev met in the Tajik capital of Dushanbe Wednesday to discuss furthering bilateral relations. They are...

Just a few years ago, eco-friendly vehicles such as hybrid electric cars and hydrogen fuel cell cars were merely curious exhibits in auto shows as far as ordinary Korean consumers were concerned; they...

By Jung Sung-ki Staff Reporter South Korean and U.S. defense officials will negotiate a final timetable for the relocation of U.S. bases next month, officials said Wednesday. The two sides had ...

Members of Last for one, the nation’s No. 1 b-boy crew, are recognized as internationally known break-dancers and a major contributor to hallyu or the Korean wave. / Courtesy of Soulgang Bricklane ...

A female North Korean spy disguised as a defector was able to obtain military information, including sensitive photographs and a list of military officers, from South Korean military officers, police ...

WASHINGTON -- The United States is shrugging off North Korea's threat to backtrack on an agreement to dismantle its nuclear program. North Korea says it stopped disabling its nuclear complex this mont...

By Kim Tong-hyung Staff Reporter Telephone users from next month can switch to a cheaper Internet-based service without changing their numbers. The government is expected to permit voice-over-I...

By Kang Hyun-kyung Staff Reporter The ruling and opposition parties are debating over the privatization of two TV networks. Rep. Ko Heung-kil of the ruling Grand National Party, who chairs the ...

Tens of thousands of angry Buddhists from around the country gathered at Seoul City Hall Plaza yesterday, protesting against the perceived religious bias of the Lee Myung-bak administration.

Seoul police said yesterday they will seek detention warrants for a 65-year-old veteran leftist scholar and six others for an investigation into their alleged violation of the National Security Law by...

By Kim Sue-young Staff Reporter A group of 36 lawmakers submitted to the National Assembly Wednesday, a revision which calls for stricter monitoring of whether public servants, celebrities and the...

The United States condemned North Korea yesterday for halting the disablement of its nuclear facilities, reaffirming its position that no concessions will be made in the negotiations to rid Pyongyang ...

A new credit card sized USB drive from Samsung has shown up in China. The tiny 20GB hard drive comes in the same 1.8 form found inside media players and the MacBook Air. Apparently it is very quiet, a...

As Lee Byung-soon, the newly appointed president of state-run TV network KBS, arrives at the broadcaster to take office yesterday morning, some workers attempt to block him.[NEWSIS]

In a widening crackdown on bribery and gambling in the broadcasting industry, prosecutors on Tuesday requested an arrest warrant for a top MBC producer.

With the drama-filled Beijing Olympic Games now over and the grand welcome for the Korean athletes Monday at City Hall Plaza drifting into the past, many are experiencing an Olympic hangover as they r...

South Korea and the United States will hold a new round of negotiations over the defense cost-sharing of the expense of U.S. troops stationed in South Korea, the Foreign Ministry said Wednesday. South...

Aug 27 (Reuters) - As gasoline prices rise, many Americans are rediscovering the railroad. Amtrak saw record numbers in July when ridership rose 13.9 percent from a year earlier, and ticket sales clim...

SEOUL (Reuters) - A North Korean woman who posed as a defector and obtained information on the South's military through romantic affairs with its officers has been arrested for spying, South Korean pr...

SEOUL, South Korea (AP) _ A North Korean woman accused of using 'sex as a tool for her spy activity' and plotting to assassinate South Korean intelligence agents with poisoned needles has been arreste...