After record run, Korean stocks look to Moon effect, earnings to build on gains

By Nichola Saminather SINGAPORE, May 11 : Defying a toxic mix of nuclear and political tensions, South Korean stocks – Asia’s cheapest – have scored record-highs in the past week. Now, with the election of liberal moderate Moon Jae-in as the nation’s president, bets are that Korean equities will run up further gains. The benchmark […]

Korea’s KEPCO cautious as Britain hunts partner for crucial nuclear project -sources

By Jane Chung SEOUL, Apr 5 :As Britain steps up the hunt for a new partner for a stalled nuclear power project, South Korea’s KEPCO remains the most likely suitor, but two people with direct knowledge of the matter said the giant utility won’t be rushed to the altar. With British business minister Greg Clark […]

S.Korea’s Park may be in larger cell than others, but lights out at 9

By Ju-min Park and Christine Kim SEOUL, Mar 31 : Dressed in the green jumpsuit of undertrials, ousted South Korean president Park Geun-hye’s days at the Seoul Detention Centre will start at 6:30 a.m. and end at 9 p.m. The only privilege the 65-year-old could have over other inmates will be slightly more space and […]

Sunken South Korean ferry slowly emerges three years after disaster

By Ju-min Park SEOUL, Mar 23 : A South Korean ferry that sank nearly three years ago, killing 304 people, most of them children on a school trip, slowly emerged from a grey sea today, a sombre reminder of a tragedy that traumatised the country. The ferry, the Sewol, was structurally unsound, overloaded and travelling […]

North Korea warns of “merciless” strikes as US carrier joins SKorea drills

By James Pearson SEOUL, Mar 14 : North Korea warned the United States on Tuesday of “merciless” attacks if an aircraft carrier strike group led by the USS Carl Vinson, which is joining South Korean forces for exercises, infringes on its sovereignty or dignity. North Korea, which has alarmed its neighbours with two nuclear tests […]