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VAR penalty brings Sweden victory against South Korea in World Cup opener
The Video Assistant Referee (VAR) has once against proven its potentials as a crucial technology in the 2018 World Cup as Sweden scores from a penalty given by the system to win its opening game against South Korea.
Moody's keeps South Korea's rating at Aa2
Global rating agency Moody's Investors Service said Monday that it has maintained its rating on South Korea at 'Aa2', citing the country's resilience to global shocks, eased geo-political risks and sound public finances.
South Korea, US to announce suspension of major military drills this week
South Korea and the United States are expected to announce the suspension of “large-scale” military drills this week, with the provision that they would restart if North Korea failed to keep its promise to denuclearize, Yonhap news agency said on Sunday.
South Korea oil imports from Iran at 2-year low
The latest market figures show that South Korea’s imports of crude oil from Iran in May fell to the lowest level over the past two years.
US military exercises with South Korea 'suspended indefinitely'
The US military has indefinitely suspended major joint exercises with South Korea, a senior American official has said, two days after President Donald Trump said following the historic summit with North Korea that the United States was stopping “very provocative” and expensive military exercises with South Korea to facilitate denuclearization negotiations with Pyongyang.
South Korea's self-employed biz earnings growth falls to 6-year low in 2017
The earnings growth rate for South Korea's self-employed businesses fell to a six-year low in 2017 amid social and economic changes under way in Asia's fourth-largest market, official data showed on Sunday.
South Korean FM calls for corporate support in job creation
South Korea's top economic policymaker asked companies to do more to create jobs and spearhead innovative growth in the latest appeal to the business community to join the government's efforts to push for a more balanced and sustainable economy.
South Korea loses legal battle with Iranian group over Daewoo Electronics sale
South Korean government has lost a legal dispute with an Iranian firm over the failed takeover of Daewoo Electronics in 2011, officials said Thursday.
S. Korea urges more impromptu talks with N. Korea as US prepares for summit
South Korea's President Moon Jae-in said on Monday there could be more impromptu talks and summits with North Korea's leader Kim Jong-un, as US officials prepare for a historic meeting between President Donald Trump and Kim.
South Korea: Kim commits to summit with Trump, denuclearization
South Korean President Moon Jae-in said Sunday that North Korean leader Kim Jong-un committed in their surprise meeting to sitting down with US President Donald Trump and to a "complete denuclearization of the Korean Peninsula."
South Korea's Q1 growth ranks 5th among OECD nations
South Korea's economic growth rate ranked fifth among members of the Organization for Economic Cooperation and Development (OECD) in the first quarter of the year, a sharp turnaround from three months earlier, OECD data showed on Sunday.
Seoul vows to expand exchanges with African nations
South Korea will accelerate the exchange of technology and share its know-how on economic development with African nations, a senior official said.
South Korea to provide support for development of vaccines
South Korea's drug safety agency said on Friday it will provide consulting to pharmaceutical firms over their development of seven vaccine products.
South Korea seeks to step up tech cooperation with African nations
South Korea wants to step up cooperation with African nations in the technology sector, the nation's top economic policymaker said on Wednesday, as Seoul seeks to deepen ties with the resource-rich continent.
South Korea, US to work closely on summit after Pyongyang's about-face
South Korean President Moon Jae-in and US President Donald Trump held discussions on Sunday to ensure that the North Korea-US summit remains on track after North Korea threatened to pull out of the high-level talks.

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