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South Korean and European Union officials said an expected trade agreement would have to wait another month, due to disagreements on tariff duty drawbacks.
The South Korean government added a $20.7 billion spending package to its budget Tuesday to stimulate the nation's slumping economy. The supplemental spending, at 3 percent of the nation's gross domestic product, is the largest addition to the country's budget since 1998, the Yonhap news agency reported. The
A media workers' union in South Korea halted its strike Wednesday while the passage of a law allowing new firms to own television networks was put on hold. Members of the National Union of Media Workers, including well-known news anchors, have boycotted work since late December, Yonhap reported Wednesday. Workers
South Korea Sunday said it will provide $100 billion in state guarantees on banks' foreign debts in an effort to combat a dollar shortage in the country. The move is also aimed at bolstering confidence in South Korea's financial markets, Yonhap, the South Korean news agency, reported Sunday.
Text of report in English by South Korean news agency Yonhap SEOUL, Oct. 14 (Yonhap) - East Timor signed a memorandum of understanding (MOU) that could permit the export of gas from its Greater Sunrise well to South Korea by 2013, the government said Tuesday.
Text of report in English by South Korean news agency Yonhap [Yonhap headline: "N.K. Foreign Minister in Moscow To Discuss Nuclear, Wider Ties: Report"] SEOUL, Oct.
Text of report in English by South Korean news agency Yonhap [By Shim Sun-ah: "Unification Ministry Expects US Delisting to Positively Affect Inter-Korean Ties"] SEOUL, Oct.
South Korea says it will privatize and restructure 30 government-owned companies in a bid to increase their productivity. Included on the list are the Korea District Heating Corp., Korea Power Engineering Co.
Text of report in English by South Korean news agency Yonhap Panmunjom [P'anmunjo'm], Korea, Oct.
Text of report in English by South Korean news agency Yonhap [Yonhap headline: "Lee Optimistic About Tripartite Economic Cooperation With Russia, N. Korea"] Moscow, Sept.
- The act of sweetening by admixture of some saccharine substance.